NOT LISTED FOR SALE

Estimated Value: $527,043 - $642,000

4 Beds
2 Baths
1,848 Sq Ft
$313/Sq Ft Est. Value

Last Sold January 12, 2024

Last sale price $549,900 $298 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,442/month

2 Days on Market

Highlights

  • Corner Lot
  • Property is near bus stop
  • Garage
  • Cul-De-Sac
  • Heating unit installed on the ceiling
  • Wood Siding

About This Home

As of January 2024

Uncover an exceptional blend of comfort and investment potential in this appealing duplex located in the sought-after North Gilham neighborhood. Situated just a short 4-minute walk from Holt Elementary and a convenient 4-minute drive to Monroe Middle School, this property combines family-friendly proximity to schools with easy access to shopping, dining, and other amenities. Each unit, comprising 2 bedrooms and 1 bathroom, is intelligently connected by private garages, ensuring a harmonious balance of shared spaces and individual privacy. Cozy up by the masonry fireplaces in the living rooms, relish in the luxury of updated carpets, and appreciate the convenience of a separate space for washer/dryer. The fenced backyard provides ample room for both furry friends and children to play. Beyond the comforts of home, seize the investment opportunity or consider co-purchasing with a friend or relative to maximize the potential of this strategically located duplex. Embrace a lifestyle that not only offers immediate conveniences but also opens doors to a promising investment future. Open House Sunday, 11/19/23 @ 12-2PM

Last Agent to Sell the Property

Josh Cooley

Keller Williams The Cooley Real Estate Group License #200709155 Listed on: 11/15/2023

Keller Williams The Cooley Real Estate Group

Last Buyer's Agent

Jamie Paddock

Elite Realty Professionals License #200703411

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,826

Year Built

  • Built in 1972

Lot Details

  • Cul-De-Sac
  • Corner Lot
  • Level Lot

Parking

  • Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Plywood Siding Panel T1-11

Interior Spaces

  • 1,848 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Location

  • Property is near bus stop

Schools

  • Bertha Holt Elementary School
  • Monroe Middle School
  • Sheldon High School

Utilities

  • No Cooling
  • Heating unit installed on the ceiling
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0187250

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $4,826
  • Gross Income $33,480
  • Net Operating Income $28,654

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,826

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1972
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Current Price For Status: 549900.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: T111Siding,WoodSiding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No
  • Lot Features: CornerLot, Cul_de_sac, Level, OnBusline
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Garage
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: Ceiling
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Bertha Holt
  • High School: Sheldon
  • Middle Or Junior School: Monroe

Lot Info

  • Zoning: R-1
  • Parcel #: 0187250

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 4825.53

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.42
  • Annual Gross Income: 33480.0
  • Property Net Operating Income: 28654.0
  • Annual Operating Expense: 4826.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Jan 10, 2024
Sold by
Cheryl S Longinotti Living Trust
Bought by
Alvord-Taylor Inc
Seller's Agent
Josh Cooley
Keller Williams The Cooley Real Estate Group
Buyer's Agent
Jamie Paddock
Elite Realty Professionals
List Price
$549,900
Sold Price
$549,900
Views
27
Current Estimated Value
$578,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,861
Avg. Annual Appreciation
2.63%
Original Mortgage
$299,900
Outstanding Balance
$259,763
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$318,998

Purchase Details

Closed on
Oct 29, 2021
Sold by
Newton Victoria H and Victoria H Newton 2006 Trust
Bought by
Longinotti Cheryl S and Cheryl S Longinotti Living Tru

Purchase Details

Closed on
Aug 26, 2013
Sold by
Newton Victoria H and Longinotti Cheryl S
Bought by
Newton Victoria H and Victoria H Newton 2006 Trust

Purchase Details

Listed on
Apr 2, 2012
Closed on
Apr 30, 2012
Sold by
Sloan Esther Folst
Bought by
Newton Victoria and Longinotti Cheryl
Seller's Agent
Joanne Solomon
Berkshire Hathaway HomeServices Real Estate Professionals
Buyer's Agent
Norma Wilson
RE/MAX Integrity
List Price
$239,000
Sold Price
$234,500
Premium/Discount to List
-$4,500
-1.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.83%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alvord-Taylor Inc $549,900 Cascade Title
Longinotti Cheryl S -- None Available
Newton Victoria H -- None Available
Newton Victoria S -- None Available
Newton Victoria $234,500 Cascade Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvord-Taylor Inc $299,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2024 01/12/24 Sold $549,900 0.0% $298 / Sq Ft
11/18/2023 11/18/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $549,900 +134.5% $298 / Sq Ft
04/30/2012 04/30/12 Sold $234,500 -1.9% $127 / Sq Ft View Prior Sale
04/06/2012 04/06/12 Pending -- -- --
04/02/2012 04/02/12 For Sale $239,000 -- $129 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $5,014 $257,345 -- --
2024 $4,952 $249,850 -- --
2023 $4,952 $242,573 $0 $0
2022 $4,639 $235,508 $0 $0
2021 $4,357 $228,649 $0 $0
2020 $4,372 $221,990 $0 $0
2019 $4,223 $215,525 $0 $0
2018 $3,975 $203,153 $0 $0
2017 $3,788 $203,153 $0 $0
2016 $3,570 $197,236 $0 $0
2015 $3,441 $191,491 $0 $0
2014 $3,462 $185,914 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23404668

Regional Multiple Listing Service (RMLS)

APN: 0187250