NOT LISTED FOR SALE

Estimated Value: $549,000 - $659,796

4 Beds
2 Baths
1,730 Sq Ft
$347/Sq Ft Est. Value

Last Sold December 13, 2021

Last sale price $450,000 $260 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,818/month

8 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 2-minute walk to Big Tree Park
  • Audubon Park School Rated A-

About This Home

As of December 2021

Investor alert! Located in an in-demand area, Lake Highland Heights in the Mills 50 District, just a walking distance to restaurant, shops groceries, medical centers This Duplex is zoned multifamily and currently set up as a 2 bedrooms, 1 bath concrete block. Built in 1978. 1,730 sq ft. Long term tenants on month to month agreement, unit A is rented for $850 and unit B is renovated and rented for $1,000. Property being sold "as is".

Last Agent to Sell the Property

Elsa Garzon-Heinrich

WEICHERT REALTORS HALLMARK PRO License #3289024 Listed on: 11/09/2021

WEICHERT REALTORS HALLMARK PRO

Last Buyer's Agent

Alexis Suarez

1ST CLASS REAL ESTATE REAGAN R License #3464644

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,408

Year Built

  • Built in 1978

Lot Details

  • 9,929 Sq Ft Lot

Parking

  • 2 Carport Spaces

Home Design

  • 1,730 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Lake Highland Heights Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,408

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 1730
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1978
  • Lot Size Sq Ft: 9929
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5984542?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5984542?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Subdivision Num: 4468
  • Ratio: Close Price\List Price: 0.98468
  • Price per Sq Ft: 260.12
  • Close to Original List Price Ratio: 0.98468
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ninguno
  • Foundation Details: Slab
  • Number Of Buildings: 2

Exterior Features

  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R-2A/T
  • Parcel Number: 24-22-29-4468-09-010
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 1850

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 5408
  • Tax Block: 09
  • Tax Book Number: Q/131
  • Tax Lot: 010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2021
Closed on
Dec 13, 2021
Sold by
Alberto Riefkohl-Ramos Luis
Bought by
Kpm Investments Ix Llc
Seller's Agent
Elsa Garzon-Heinrich
WEICHERT REALTORS HALLMARK PRO
Buyer's Agent
Alexis Suarez
1ST CLASS REAL ESTATE REAGAN R
List Price
$457,000
Sold Price
$450,000
Premium/Discount to List
-$7,000
-1.53%
Current Estimated Value
$585,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,212
Avg. Annual Appreciation
7.63%

Purchase Details

Closed on
Jan 22, 2019
Sold by
Riefkohl Ramos Luis Alberto and Riefkohl Elsaris
Bought by
Riefkohl Ramos Luis Alberto

Purchase Details

Closed on
Jun 7, 2001
Sold by
James R Matthews Sr M and Allison S Matthews M
Bought by
Riefkohl Luis A and Riefkohl Elsari Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,900
Interest Rate
7.05%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kpm Investments Ix Llc $450,000 Public Title Services
Kpm Investments Ix Llc $450,000 Public Title Services
Riefkohl Ramos Luis Alberto $55,000 Attorney
Riefkohl Luis A $152,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Riefkohl Luis A $152,900
Previous Owner Riefkohl Luis A $17,000
Previous Owner Riefkohl Luis A $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2021 12/13/21 Sold $450,000 -1.5% $260 / Sq Ft
11/13/2021 11/13/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $457,000 -- $264 / 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
2025 $9,060 $505,535 -- --
2024 $8,337 $505,535 -- --
2023 $8,337 $511,460 $225,000 $286,460
2022 $7,072 $379,815 $213,210 $166,605
2021 $5,633 $313,119 $213,210 $99,909
2020 $5,167 $314,875 $213,210 $101,665
2019 $5,137 $307,645 $213,210 $94,435
2018 $4,936 $306,032 $213,210 $92,822
2017 $4,751 $304,411 $213,210 $91,201
2016 $4,586 $296,245 $207,000 $89,245
2015 $4,197 $256,996 $174,000 $82,996
2014 $3,697 $210,291 $149,000 $61,291
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5984542

Stellar MLS

APN: 24-2229-4468-09-010