NOT LISTED FOR SALE

Estimated Value: $94,000 - $140,000

6 Beds
1 Bath
2,296 Sq Ft
$51/Sq Ft Est. Value

Last Sold August 25, 2020

Last sale price $69,000 $30 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $789/month

121 Days on Market

About This Home

As of August 2020

15 cap rate! As is sale. Cash - proof of funds required, if financed strong lender letter. Large stable updated duplex on a desirable street of duplexes and SFH's. This is part of a package. Tenants presently do not pay water/sewer and lawn care for this duplex. Attractive strong rental. Second duplex on this street close by. No showings without an accepted offer in place. Additional pictures and numbers available upon request for the package. View recent 3D tour available.

Last Agent to Sell the Property

Lynn S. Fischer

Fischer & Associates, Inc. License #RB14027224 Listed on: 04/03/2020

Last Buyer's Agent

Lynn S. Fischer

Fischer & Associates, Inc. License #RB14027224 Listed on: 04/03/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,056

Year Built

  • Built in 1900

Lot Details

  • 4,966

Home Design

  • Traditional Architecture
  • Block Foundation

Additional Features

  • 2-Story Property
  • 4,966 Sq Ft Lot

Community Details

  • Subdivision Not Available See Legal

Listing and Financial Details

  • Tenant pays for cable tv electricity insurance
  • The owner pays for insurance lawncare taxes sewer water
  • Assessor Parcel Number 331215230317000016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,056

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: 1-4 Units Residential
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2018
  • Year Built: 1900
  • Lot Size Acres: 0.114
  • Structure Type: Duplex
  • Subdivision Name: SUBDIVISION NOT AVAILABLE See Legal
  • Inspection Warranties: LeadBasePaint
  • Property Description: 15 cap rate! As is sale. Cash - proof of funds required, if financed strong lender letter. Large stable updated duplex on a desirable street of duplexes and SFH's. This is part of a package. Tenants presently do not pay water/sewer and lawn care for this duplex. Attractive strong rental. Second duplex on this street close by. No showings without an accepted offer in place. Additional pictures and numbers available upon request for the package. View recent 3D tour available.
  • Transaction Type: Sale
  • Unit Count: 1
  • Conversion: 0
  • Website: www.fischerandassociates.biz
  • Special Features: None

Interior Features

  • Levels: Two
  • Owner Pays: Insurance,Lawncare,Taxes,Sewer,Water
  • Sq Ft Main Upper: 0
  • Total Sq Ft: 0
  • Gross Area Sq Ft: 2300
  • Laundry: Connections All

Exterior Features

  • Construction Materials: Brick,Wood
  • Disclosures: Not Applicable
  • Foundation Details: Block
  • List Price: 75000

Garage/Parking

  • Unit Parking: On Street,Unpaved,Other

Utilities

  • Solid Waste: 1

Fee Information

  • Expenses: 5129
  • Insurance Expenses: 572
  • Insurance Expenses S F: 5.7400

Lot Info

  • Parcel Number: 331215230317000016
  • Acres: <1/4 Acre
  • Lot Information: Curbs,Sidewalks,Tree Mature
  • Lot Number: 6
  • Lot Size: 4,966

Green Features

  • Green Certification Y N: 0

Rental Info

  • Tenant Pays: Cable TV,Electricity,Insurance

Multi Family

  • Net Operating Income: 11071
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1056
  • Semi Annual Property Tax Amt: 528
  • Tax Exemption: None

MLS Schools

  • School District: New Castle Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2018
Closed on
Oct 2, 2018
Sold by
Cross William A and Cross Seth
Bought by
Striegle Benjamin D and Striegle Katie
Seller's Agent
Scott Lightfoot
RE/MAX First Integrity
Buyer's Agent
Madalynne Stanton
Jably's Property Mgmt & Real E
List Price
$58,000
Sold Price
$49,750
Premium/Discount to List
-$8,250
-14.22%
Total Days on Market
121
Current Estimated Value
$118,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,294
Avg. Annual Appreciation
13.81%
Original Mortgage
$134,400
Outstanding Balance
$103,093
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$14,951

Purchase Details

Closed on
Feb 8, 2016
Sold by
Cleveland J Edward
Bought by
Cross Arnold and Cross Seth
Source: Public Records

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Range of Values:

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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
Striegle Benjamin D $49,750 Republic Title Company
Cross Arnold -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Striegle Benjamin D $134,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2020 08/25/20 Sold $69,000 -8.0% $30 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $75,000 0.0% $33 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
05/19/2020 05/19/20 Price Changed $75,000 -15.7% $33 / Sq Ft
04/03/2020 04/03/20 For Sale $89,000 +78.9% $39 / Sq Ft
10/04/2018 10/04/18 Sold $49,750 -14.2% $22 / Sq Ft
08/24/2018 08/24/18 For Sale $58,000 +16.6% $25 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
08/09/2018 08/09/18 Off Market $49,750 -- --
06/28/2018 06/28/18 Price Changed $58,000 -10.8% $25 / Sq Ft
02/09/2018 02/09/18 For Sale $65,000 -- $28 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

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
2024 $1,550 $77,500 $17,300 $60,200
2023 $1,490 $74,500 $17,300 $57,200
2022 $1,210 $60,500 $8,600 $51,900
2021 $1,238 $61,900 $7,600 $54,300
2020 $1,117 $53,500 $7,600 $45,900
2019 $1,095 $52,400 $7,600 $44,800
2018 $1,055 $50,600 $6,900 $43,700
2017 $1,058 $50,700 $6,900 $43,800
2016 $1,191 $57,300 $6,700 $50,600
2014 $1,130 $56,500 $7,900 $48,600
2013 $1,130 $52,900 $7,700 $45,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: MBR21703585

MIBOR Broker Listing Cooperative®

APN: 33-12-15-230-317.000-016