NOT LISTED FOR SALE
Studio
-- Bath
3,571 Sq Ft
3,920 Sq Ft Lot

Sale Details

Date Sold: June 22, 2023

15 Days on Market

Highlights

  • Deck
  • Patio
  • Baseboard Heating
  • Brick Veneer
  • Central Air
  • Laundry Facilities

About This Home

As of June 2023

INVESTOR ALERT – TOTAL LIST PRICE OF PROPERTY IS $375,000 AND INCLUDES BOTH 116 S. Main (4 UNIT Apartment Building) and 118 S. Main (5 Unit Apt Building) * These are two buildings with separate parcel #s – the adjoin each other * 4 unit apt building at 116 S. Main itself is an Outstanding Value and Great Income Producer – amazing Cap Rate of approx. 12% based on Market Value of $200,000 for 116 S. Main * One 1BR, 1BA - $550 * Three 2BR, 1 BA- $600. $600, $625 * Gross Operating Income: $29,400 * Fire destroyed interior of building 2009-was then re-designed with 4 units and reconstructed using the good bones with all new elec, plumbing, HVAC, cabinetry, walls, flooring, fixtures, etc. * Coin operated laundry plus Apt 1 & 2 have w/d hookups * Tenants pay electric * 2 car carport in rear *

Last Agent to Sell the Property

Marlene Bell

EDGE Realty ERA Powered License #1999110537 Listed on: 04/25/2023

EDGE Realty ERA Powered

Last Buyer's Agent

Marlene Bell

EDGE Realty ERA Powered License #1999110537 Listed on: 04/25/2023

EDGE Realty ERA Powered
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 25x140
  • Partially Fenced Property

Home Design

  • 3,571 Sq Ft Home
  • Quadruplex
  • Brick Veneer

Parking

  • Carport
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Chaffee Elem. Elementary School
  • Chaffee Jr.-Sr. High Middle School
  • Chaffee Jr.-Sr. High School

Utilities

  • Central Air
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Tenant pays for electric, gas
  • Assessor Parcel Number 04-4.0-18.00-001-018-007.00

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family 2-4
  • Age: 117
  • Ownership: Private
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Misc Features: Deck, Laundry Facility in, Partial Fencing, Patio
  • Square Footage: 3571

Exterior Features

  • Construction: Brick Veneer Decrtv

Garage/Parking

  • Parking: 1-2 Car Carport, Off Street, On Street Parking

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: Central-Electric
  • Heating: Baseboard

Schools

  • Elementary School: Chaffee Elem.
  • Junior High School: Chaffee Jr.-Sr. High
  • School District: Chaffee R-II
  • Senior High School: Chaffee Jr.-Sr. High

Lot Info

  • Lot Dimensions: 25x140
  • Lot Sq Ft: 3920
  • Acres: 0.0900

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Electric, Gas

Multi Family

  • Gross Operating Income: 29400.00
  • Units: 4
  • Total Expenses: 7568.02
  • Type Of Units: 4-Family

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 514
  • Assessor Parcel Number: 04-4.0-18.00-001-018-007.00

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2023
Closed on
Jun 22, 2023
Sold by
Bought by
Seller's Agent
Marlene Bell
EDGE Realty ERA Powered
Buyer's Agent
Marlene Bell
EDGE Realty ERA Powered
List Price
$200,000
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$337,211
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2021
Closed on
Mar 10, 2022
Sold by
Bought by
Seller's Agent
Marlene Bell
EDGE Realty ERA Powered
Buyer's Agent
Marlene Bell
EDGE Realty ERA Powered
List Price
$309,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.72%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
$465,500 United Land Title
-- Not Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $350,000
Previous Owner --
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
06/22/2023 06/22/23 Sold -- -- --
05/11/2023 05/11/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $200,000 -35.5% $56 / Sq Ft
03/10/2022 03/10/22 Sold -- -- -- View Prior Sale
01/12/2022 01/12/22 Pending -- -- --
12/14/2021 12/14/21 Price Changed $309,900 0.0% $87 / Sq Ft
12/14/2021 12/14/21 For Sale $309,900 +3.3% $87 / Sq Ft
11/23/2021 11/23/21 Off Market -- -- --
10/31/2021 10/31/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $299,900 -- $84 / Sq Ft
Source: MARIS MLS

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 $583 $10,020 $0 $0
2024 $5 $9,030 $0 $0
2023 $533 $9,030 $0 $0
2022 $514 $8,690 $0 $0
2021 $525 $8,690 $0 $0
2020 $413 $8,010 $0 $0
2019 -- $8,010 $0 $0
2018 -- $8,010 $0 $0
2017 -- $8,010 $0 $0
2014 -- $8,330 $0 $0
2011 -- $8,340 $0 $0
Source: Public Records

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Map

Source: MARIS MLS

MLS Number: MIS23022181

MARIS MLS
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