NOT LISTED FOR SALE
3 Beds
2 Baths
9,912 Sq Ft
1983 Built

Last Sold June 28, 2013

Last sale price $550,000 $55 Per Sq Ft

Highlights

  • Cooling Available
  • Central Heating
  • Carpet

About This Home

As of June 2013

24 unit complex known as Cedar Ridge Apartments. Great for owner manager, great cash flow. Easy to rent, lots of updates. Complex consists of 8 1 bedroom apartments and 16 2 bedroom, 1.5 bath apartments. On site laundry.

Last Agent to Sell the Property

Stan Vaught

Parks Auction & Realty Brokerage Phone: 6154564600 License # 237399 Listed on: 01/15/2013

Parks Auction & Realty

Last Buyer's Agent

Bernie Gallerani

Bernie Gallerani Real Estate License # 295782

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,878

Year Built

  • Built in 1983

Home Design

  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 9,912 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Schools

  • Woodbury Grammar Elementary And Middle School
  • Cannon County High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $750
  • The owner pays for water
  • Assessor Parcel Number 046 05100 000

Community Details

Overview

  • 24 Units
  • Cedar Ridge Subdivision

Building Details

  • Operating Expense $35,000
  • Gross Income $108,000
  • Net Operating Income $73,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,878

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1983
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 2
  • Structure Type: Multi Family
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Attribution Contact: 6154564600
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl
  • Total Bedrooms: 3
  • Above Grade Finished Sq Ft: 9912
  • Building Area Units: Square Feet
  • Living Area: 9912
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • Roof: Shingle
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Central
  • Heating Yn: Yes
  • Laundry Features: Share
  • Utilities: Electricity Available, Water Available, Sewer Available

Lot Info

  • Zoning: multi fami
  • Lot Size Units: Acres
  • Parcel #: 046 05100 000
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water

Multi Family

  • Gross Income: 108000
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 73000
  • Number Of Units Total: 24
  • Annual Operating Expense: 35000
  • Total Actual Rent: 750

Tax Info

  • Tax Annual Amount: 9878

MLS Schools

  • Elementary School: Woodbury Grammar School
  • High School: Cannon County High School
  • Middle Or Junior School: Woodbury Grammar School

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2015 06/16/15 Off Market $550,000 -- --
05/04/2015 05/04/15 For Sale $149,900 -72.7% $15 / Sq Ft
06/28/2013 06/28/13 Sold $550,000 -- $55 / Sq Ft
Source: Realtracs

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1419596

Realtracs