NOT LISTED FOR SALE
8 Beds
4 Baths
2,808 Sq Ft
7,998 Sq Ft Lot

Sale Details

Date Sold: September 7, 2021

Last sale price $1,900,000 $677 Per Sq Ft

13 Days on Market

Highlights

  • 4 Car Detached Garage
  • Laundry Room
  • Coin Laundry
  • George C. Payne Elementary School Rated A-
  • Sustainable Flooring
  • Washer and Dryer

About This Home

As of September 2021

Great condition**Clean units**Convenient location in Campbell City with good schools**Cooperative tenants**All 2 bedrooms and all remodeled***Douglas Fir European cabinets*Quartz(silestone) countertops*All appliances replaced and dishwashers added at the time of remodel*Updated bathrooms with new Quartz shower walls & toilets*Entire floors of all units were replaced with waterproof & scratch resistant engineered wood*Refreshed walls and paint*Mirrored closet doors in #1 unit*Copper plumbing done in 2013*Detached 4 garages updated with garage doors & remote openers*2 extra open parking spaces and gated back storage area*Laundry rm reorganized with parking barrier poles*Double pane windows and new 75 gallon water heater*Sewer line recently split between upstairs and downstairs units*Sellers are doing all section 1 items and repairing any leak*Sellers are also installing a brand new roof on the main building and clearing all the roof report items*Currently all tenants are month-to-month

Last Agent to Sell the Property

J.W. Lee

RE/MAX Key License #00922283 Listed on: 07/16/2021

RE/MAX Key

Last Buyer's Agent

Jp Chen

Allegro Real Estate Investments, Inc. License #01388034

Allegro Real Estate Investments, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • 1958

Lot Details

  • 7,998 Sq Ft Lot

Parking

  • 4 Car Detached Garage
  • Garage Door Opener
  • On-Street Parking
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,808 Sq Ft Home
  • 2-Story Property
  • Sustainable Flooring

Kitchen

  • Built-In Oven
  • Electric Cooktop
  • Range Hood
  • Freezer
  • Dishwasher
  • Disposal

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $107,160

Community Details

Building Details

  • 4 Leased Units
  • Insurance Expense $1,441
  • Maintenance Expense $2,450
  • Other Expense $2,850
  • Utility Expense $4,188
  • Trash Expense $1,702
  • Operating Expense $34,004
  • Gross Income $108,036

Additional Features

  • 2,808 Sq Ft Building
  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

1958

Lot Details

7,998 Sq Ft Lot

Parking

4

Listing Details

  • Zoning: R-2
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2808
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Other, Dishwasher, Freezer, Garbage Disposal, Hood Over Range, Oven Range - Built-In, Refrigerator
  • Living Sq Ft: 2808
  • Stories: 2
  • Laundry: Coin Operated, Washer / Dryer
  • Flooring: Sustainable Materials
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 2
  • Garage Parking Features: Assigned Spaces, Common Parking Area, Detached Garage, Gate / Door Opener, Off-Street Parking, On Street

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1836
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7998.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7998.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 18.05
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1441
  • Expense Maintenance: 2450
  • Expenses Other: 2850
  • Expenses Total: 34004
  • Expenses Utility: 4188
  • Expense Trash: 1702
  • Income Annual Gross: 108036.00
  • Income Annual Rental: 107160
  • Income Gross Scheduled: 108036
  • Income Includes: Laundry
  • Income Other: 876
  • Meters: Separate Electric
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance, Services - Sewer, Utilities - Electric, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 Prior Sale
09/07/2021 09/07/21 Sold $1,900,000 -2.6% $677 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $1,950,000 +39.3% $694 / Sq Ft
03/28/2016 03/28/16 Sold $1,400,000 +7.7% $499 / Sq Ft View Prior Sale
03/25/2016 03/25/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $1,300,000 -- $463 / Sq Ft
Source: MLSListings

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 $27,185 $2,016,295 $1,485,691 $530,604
2024 $27,185 $1,976,760 $1,456,560 $520,200
2023 $26,955 $1,938,000 $1,428,000 $510,000
2022 $26,596 $1,900,000 $1,400,000 $500,000
2021 $21,893 $1,531,101 $1,038,962 $492,139
2020 $21,373 $1,515,402 $1,028,309 $487,093
2019 $20,493 $1,485,690 $1,008,147 $477,543
2018 $19,872 $1,456,560 $988,380 $468,180
2017 $19,539 $1,428,000 $969,000 $459,000
2016 $7,229 $452,721 $145,512 $307,209
2015 $7,072 $445,922 $143,327 $302,595
2014 $6,819 $437,188 $140,520 $296,668
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81853880

MLSListings

APN: 307-43-069

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