NOT LISTED FOR SALE
44 Beds
24 Baths
-- Sq Ft
1.13 Acre Lot

Sale Details

Date Sold: April 26, 2021

Last sale price $960,000 $0 Per Sq Ft

81 Days on Market

About This Home

As of April 2021

Excellent investment opportunity offering 24 units, including 20 two-bedroom and 4 one-bedroom apartments. Recent improvements include windows, roofs on all 5 buildings, resurfaced parking lots, electrical updates, tuckpointing, coin-operated washers, and dryers added, and much more. All units have gas forced air furnaces and central air. Tenants pay gas and electric, Owner pays water and sewer. Very low vacancy rate. Two tenants on-site help collect rent and do maintenance for the owner. Easy to manage.

Last Agent to Sell the Property

Ken Carn

Digital Realty License #471016726 Listed on: 08/13/2020

Last Buyer's Agent

Ken Carn

Digital Realty License #471016726 Listed on: 08/13/2020

Property Details

Home Type

  • Multi-Family

Lot Details

  • 1.13

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Central Air

Additional Features

  • Unfinished Basement

Community Details

  • Insurance Expense $10,500

Listing and Financial Details

  • Tenant pays for electric, heat

Property Details

Home Type

Multi-Family

Lot Details

1.13 Acres

Listing Details

  • Property Type: Multi Family 5+
  • Current Use: Residential-Multi-Family
  • Ownership Type: Limited Liability Corp
  • Potential Use: Residential-Multi-Family
  • Utilities To Site: Sanitary Sewer to Site, Water-Community
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2020
  • Net Oper Income: 85751
  • Outdoor Parking: 19-30 Spaces, Private Lot
  • Roof Coverings: Shingle Composition
  • Roof Structure: Gable
  • Scavenger Expense: 1968
  • Total Annual Exp: 57049
  • Total Annual Income: 142800
  • Total Monthly Income: 11900
  • Number of Ranges: 24
  • Number Of Refrigs: 24
  • Number Of Stories: 2
  • Estimated Year Built: 0000
  • Type Multi Family: Courtyard
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Unfinished

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 1.13
  • Construction: Concrete, Wood Frame
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 27

Utilities

  • Air Conditioner: Central Air
  • Heatventilation: Forced Air, Gas
  • Water Expense: 7134

Condo/Co-op/Association

  • Units in Building: 24

Fee Information

  • Electricity Expense: 2705
  • Electrical Service: Circuit Breakers, 0-100 Amps

Lot Info

  • Lot Dimensions: 250X189.55X250X188.20
  • Lot Sq Ft: 49500
  • Parcel Identification Number: 11212790260000

Rental Info

  • Gross Rental Income: 11300
  • Tenant Pays: Electric, Heat

Multi Family

  • Expense Year: 2020
  • Insurance Expense: 10500
  • Other Expenses: 7020
  • Number Of Dryers: 5
  • Number Of Washers: 5

Tax Info

  • Taxes: 26493

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
Aug 13, 2020
Closed on
Apr 21, 2021
Sold by
Bought by
Seller's Agent
Ken Carn
Digital Realty
Buyer's Agent
Ken Carn
Digital Realty
List Price
$995,000
Sold Price
$960,000
Premium/Discount to List
-$35,000
-3.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
0.031%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2008
Sold by
Bought by

Purchase Details

Closed on
Nov 29, 2006
Sold by
Bought by

Purchase Details

Closed on
Dec 3, 2004
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$960,000 None Available
-- None Available
$730,000 None Available
$425,000 None 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
Closed $720,000
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
04/26/2021 04/26/21 Sold $960,000 -3.5% --
11/02/2020 11/02/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $995,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $32,499 $319,968 $10,813 $309,155
2024 $33,362 $319,968 $10,813 $309,155
2023 $33,546 $319,968 $10,813 $309,155
2022 $34,188 $319,968 $10,813 $309,155
2021 $25,983 $237,646 $10,813 $226,833
2020 $26,177 $237,646 $10,813 $226,833
2019 $26,494 $237,646 $10,813 $226,833
2018 $26,168 $237,646 $10,813 $226,833
2017 $26,399 $237,646 $10,813 $226,833
2016 $26,583 $237,646 $10,813 $226,833
2015 $2,413 $231,753 $10,813 $220,940
2014 $25,250 $237,646 $10,813 $226,833
2013 $2,413 $231,753 $10,813 $220,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10817070

Midwest Real Estate Data (MRED)

APN: 1121279026

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