NOT LISTED FOR SALE
8 Beds
4 Baths
3,564 Sq Ft
10,454 Sq Ft Lot

Sale Details

Date Sold: October 20, 2021

Last sale price $795,000 $223 Per Sq Ft

9 Days on Market

About This Home

As of October 2021

Large and well maintained 4 family complex style building for the savvy investors that can take advantage of building out a 3 bedroom walkout basement unit, or an owner occupant investor looking to make some money while living in a unit. Enough off-street parking for each tenant to have multiple designated parking spaces and each unit has a private balcony. The electrical and heating systems throughout have been recently upgraded and all the tenants are long-term at below fair market value. With close proximity to I-495 and updated units, there is strong rental demand for the building and the cash flow it produces will give good returns to any buyer.

Last Agent to Sell the Property

Patrick Hermans

J. Borstell Real Estate, Inc. Listed on: 09/03/2021

Last Buyer's Agent

Daniel Henriquez

Home Realty Group LLC

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1973

Lot Details

  • 10,454

Additional Features

  • Property has 1 Level
  • 4 Heating Zones

Property Details

Home Type

Multi-Family

Year Built

1973

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Swan St to Swan Ave to Carroll
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1973

Interior Features

  • Appliances: None, Gas Water Heater
  • Has Basement: Full, Walk-Out Access, Interior Entry, Concrete
  • MAIN LO: G80038
  • MAIN SO: AC0594
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Wood,Tile,Vinyl
  • Interior Amenities: Storage
  • Stories: 6

Exterior Features

  • Roof: Shingle
  • Exterior Features: Balcony
  • Foundation Details: Concrete Perimeter
  • Construction Type: Frame
  • Lot Features: Corner Lot, Level
  • Patio And Porch Features: Deck
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Assigned
  • Open Parking: Yes
  • Total Parking Spaces: 9

Utilities

  • Cooling: None
  • Heating: Common
  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Highway Access

Lot Info

  • LOT SIZE: 10402
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 10454.4
  • Zoning: MB

Multi Family

  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2
  • Annual Gross Income: 65400
  • Property Net Operating Income: 65340
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5187.63
  • Tax Block: 00105
  • Tax Book Number: 23
  • Tax Lot: 00042
  • Tax Map Number: 00914
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2021
Closed on
Oct 20, 2021
Sold by
Bought by
Seller's Agent
Patrick Hermans
J. Borstell Real Estate, Inc.
Buyer's Agent
Daniel Henriquez
Home Realty Group LLC
List Price
$815,000
Sold Price
$795,000
Premium/Discount to List
-$20,000
-2.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,705
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$795,000 None Available
$131,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $816,000
Closed $720,705
Previous Owner $200,000
Previous Owner $111,129
Previous Owner $127,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/20/2021 10/20/21 Sold $795,000 -2.5% $223 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $815,000 -- $229 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,909 $747,500 $208,400 $539,100
2024 $7,765 $715,000 $190,100 $524,900
2023 $6,148 $525,500 $169,000 $356,500
2022 $5,224 $400,300 $140,800 $259,500
2021 $5,188 $393,300 $133,800 $259,500
2020 $5,286 $393,300 $133,800 $259,500
2019 $5,494 $387,200 $119,700 $267,500
2018 $4,813 $337,300 $119,700 $217,600
2017 $4,941 $337,300 $119,700 $217,600
2016 $4,890 $330,200 $112,600 $217,600
2015 $4,335 $296,900 $112,600 $184,300
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72889660

MLS Property Information Network (MLS PIN)
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