NOT LISTED FOR SALE

Estimated Value: $486,000 - $571,000

8 Beds
4 Baths
3,948 Sq Ft
$135/Sq Ft Est. Value

Last Sold August 16, 2022

Last sale price $500,000 $127 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,630/month

8 Days on Market

Highlights

  • 0.37 Acre Lot
  • Main Floor Primary Bedroom
  • No HOA
  • Lincoln Avenue Academy Rated A-
  • Corner Lot
  • Central Heating and Cooling System

About This Home

As of August 2022

Fantastic investment opportunity! With the shortage of rental inventory, this property brings four individual units all on the same parcel of land for easy maintenance and management! Each unit is a two bedroom, one bathroom with a great internal layout. The living room and dining room are open concept and the kitchen is easily accessible, not separating the cook in the house from the living area. Ample cabinet and counter space in each of the four units makes it a great layout. While they're in need of TLC and updating, the return on investment is spectacular. Whether you're looking to grow your rental portfolio or just starting, four easily managed units can start generating revenue quickly. Setup a showing to look at the vacant units, make renovation plans, and start earning money today!

Last Agent to Sell the Property

Malissa Crawford

REMAX EXPERTS License #3171589 Listed on: 06/16/2022

REMAX EXPERTS

Co-Listed By

Mitchell Crawford

REMAX EXPERTS License #3256801

Last Buyer's Agent

Steve Joseph

License #3315221

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,310

Year Built

  • Built in 1973

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 120x136
  • Corner Lot
  • Level Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,948 Sq Ft Home
  • Ceiling Fan
  • Laundry in unit

Flooring

  • Linoleum
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • 4 Bathrooms

Location

  • City Lot

Utilities

  • Central Heating and Cooling System
  • Thermostat

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • 3,948 Sq Ft Building
  • Weswego Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,310

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3948
  • Lot Size Acres: 0.37
  • New Construction: No
  • Year Built: 1973
  • Building Area Total: 3948
  • Lot Size Sq Ft: 16296
  • Number Of Lots: 1
  • Directions to Property: From Memorial Blvd turn onto Roselle Ave. The property is on the corner of Roselle Ave and W 2nd Street.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3381236?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3381236?w=Customer
  • Unit Count: 1
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.90909
  • Price per Sq Ft: 126.65
  • Close to Original List Price Ratio: 0.90909
  • Ratio: Current Price\Building Area Total: 126.65
  • View: No
  • Co List Office Mls Id: 305901
  • Co List Office Phone: 863-687-2233
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Linoleum, Vinyl
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Main Floor, Thermostat
  • Foundation Details: Slab
  • Total Bedrooms: 8
  • Levels: One
  • Street Number Modifier: 1102
  • Number Of Buildings: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: None
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: RB-1
  • Parcel Number: 23-28-11-033000-003010
  • Additional Parcels: No
  • Lot Features: Corner Lot, City Lot, Level
  • Lot Dimensions: 120x136
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Approval Process: Guidelines to be set by the new owner.
  • Pet Restrictions: Guidelines to be set by the new owner.
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Guidelines to be set by the new owner.

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3310.46
  • Tax Block: 3
  • Tax Book Number: 8-11
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Aug 9, 2022
Sold by
Pellini Family Trust
Bought by
Saint Victor Christopher
Seller's Agent
Malissa Crawford
REMAX EXPERTS
Buyer's Agent
Steve Joseph
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Current Estimated Value
$552,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,327
Avg. Annual Appreciation
1.13%
Original Mortgage
$478,174
Outstanding Balance
$459,541
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$57,592

Purchase Details

Closed on
Apr 30, 2014
Sold by
Marte Of Lakeland Inc
Bought by
The Pellini Family Trust Of 2003 and Pellini Pauline A
Source: Public Records

Range of Values:

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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
Saint Victor Christopher $500,000 Golden Rule Title
The Pellini Family Trust Of 2003 $122,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saint Victor Christopher $478,174
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2022 08/16/22 Sold $500,000 -9.1% $127 / Sq Ft
06/25/2022 06/25/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $550,000 -- $139 / Sq Ft
Source: Stellar MLS

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
2023 $7,274 $399,024 $24,000 $662
2022 $3,520 $146,828 $0 $0
2021 $3,310 $133,480 $0 $0
2020 $2,313 $121,345 $20,000 $101,345
2018 $2,478 $126,184 $20,000 $106,184
2017 $2,251 $114,443 $0 $0
2016 $2,145 $107,394 $0 $0
2015 $2,050 $100,772 $0 $0
2014 $1,405 $74,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3381236

Stellar MLS

APN: 23-28-11-033000-003010