NOT LISTED FOR SALE
15 Beds
9 Baths
-- Sq Ft
1934 Built

Sale Details

Date Sold: February 26, 2021

Last sale price $720,000 $0 Per Sq Ft

119 Days on Market

About This Home

As of February 2021

Great property with historic significance as this was once the mayors house. The property was renovated in the mid 50s and added three flats to the rear of the original house. The property is composed of mostly brick construction. It has concrete flat work and off-street parking. Located only two blocks from Downtown shops and one block from the library. It is located on the main thoroughfare which is Broadway also known as 19th Ave. It has a complete new roof within the past few years. It offers individual electric and gas service meters for all units and low water prices. This combined with high rents for the area provides a return on investment of over 8%. It has a unique owners apartment with an outdoor deck and great sitting area with terrific views and an exclusive loft owners suite. It is nicely situated on a corner lot with nice Parkway grass areas. This property is offered at $774,999. It is ideal for an owner operator or for an investment group."

Last Agent to Sell the Property

Brandon Theodore

Stonetrust Realty Group, Inc. License #471018598 Listed on: 09/11/2020

Last Buyer's Agent

Tim Scannell

Pearson Realty Group License #471003149

Pearson Realty Group
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1934

Home Design

  • Brick Exterior Construction
  • Cedar

Additional Features

  • Basement Window Egress
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat

Property Details

Home Type

Multi-Family

Year Built

1934

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Potential Use: Residential-Multi-Family
  • Estimated Age: Older
  • Net Operating Income Year: 2019
  • Outdoor Parking: 6-12 Spaces
  • Total Annual Income: 94980
  • Total Monthly Income: 7915
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Window A C: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1934
  • Type Multi Family: Corridor-Interior Entrance, Courtyard
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1934

Interior Features

  • Basement: Finished, Egress Window

Exterior Features

  • Exterior Building Type: Brick, Cedar
  • Construction: Brick

Garage/Parking

  • Number Of Parking Spaces: 11

Utilities

  • Air Conditioner: Wall Sleeve
  • Heatventilation: Hot Water, Baseboard

Condo/Co-op/Association

  • Units in Building: 6
  • Conversion YN: Y

Fee Information

  • Electrical Service: Circuit Breakers, Separate Meters, 101-200 Amps

Lot Info

  • Lot Dimensions: 40X125
  • Land Amenities: Sidewalks
  • Parcel Identification Number: 15033370130000

Rental Info

  • Gross Rental Income: 94980
  • Tenant Pays: Air Conditioning, Electric, Heat

Multi Family

  • Expense Year: 2019
  • Number Of Dishwashers: 1
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 9474.69

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 11, 2020
Closed on
Feb 22, 2021
Sold by
Bought by
Seller's Agent
Brandon Theodore
Stonetrust Realty Group, Inc.
Buyer's Agent
Tim Scannell
Pearson Realty Group
List Price
$774,999
Sold Price
$720,000
Premium/Discount to List
-$54,999
-7.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.05%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 13, 2019
Sold by
Bought by

Purchase Details

Closed on
Dec 21, 1998
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
$720,000 Citywide Title Corporation
-- Attorney
-- --
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
Previous Owner $540,000
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
02/26/2021 02/26/21 Sold $720,000 -7.1% --
01/08/2021 01/08/21 Pending -- -- --
12/10/2020 12/10/20 For Sale $774,999 0.0% --
12/03/2020 12/03/20 For Sale $774,999 0.0% --
12/01/2020 12/01/20 Pending -- -- --
10/15/2020 10/15/20 Price Changed $774,999 -10.8% --
09/11/2020 09/11/20 For Sale $869,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $13,512 $52,000 $4,455 $47,545
2024 $13,512 $52,000 $4,455 $47,545
2023 $14,163 $52,000 $4,455 $47,545
2022 $14,163 $45,961 $3,836 $42,125
2021 $14,380 $45,961 $3,836 $42,125
2020 $7,429 $45,961 $3,836 $42,125
2019 $8,753 $40,791 $3,465 $37,326
2018 $8,736 $40,791 $3,465 $37,326
2017 $8,391 $40,791 $3,465 $37,326
2016 $9,688 $39,500 $3,093 $36,407
2015 $10,020 $39,500 $3,093 $36,407
2014 $9,505 $39,500 $3,093 $36,407
2013 $8,934 $36,337 $3,093 $33,244
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10854003

Midwest Real Estate Data (MRED)
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