NOT LISTED FOR SALE

Estimated Value: $120,692 - $248,000

-- Bed
4 Baths
2,016 Sq Ft
$95/Sq Ft Est. Value

Last Sold September 19, 2016

Current estimated payment $878/month

85 Days on Market

About This Home

As of September 2016

Attention Investors!! If your looking for a Fantastic Investment Opportunity then look no further, here it is!! Great price on this 4-Unit apartment building ! Conveniently located ! Positive Cash Flow with No Current Vacancy. Stable tenants. At a $54,900 Listing Price, Paying Cash, the Overall Cap Rate is appx. 16.52%; The Payback is 3.83 years; The GRM is appx. 49.29 ANNUAL INCOME IS APPX. $14,340 AND OPERATING EXPENSES ARE APPX. $5,271.48. Listing Price per Sq. Ft. is $27.23; City Bus on corner; parking in back and on Mt. Vernon St. in front of the building. (Financial Information available upon request). Very Minimal Maintenance Expense on this property; owner takes care of maintenance issues immediately upon occurance.

Last Agent to Sell the Property

James Morgan

R P M Realty Listed on: 06/17/2016

Co-Listed By

Joyce Farris

R P M Realty

Last Buyer's Agent

Michael Cataldo

Murney Associates - Primrose

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $523

Year Built

  • 1912

Lot Details

  • 4,879

Parking

  • On-Street Parking

Home Design

  • Wood Frame Construction
  • Composition Roof

Schools

  • Campbell Elementary School
  • Westport Middle School
  • Central High School

Additional Features

  • Oven or Range
  • Lot Dimensions are 39x125

Community Details

  • 4 Units

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$523

Year Built

1912

Lot Details

0

Listing Details

  • Property Type: B
  • Property Sub Type: Apartment Building
  • Estimated Year Built: 1912
  • Historical District: No
  • Inside City Limits: Yes
  • Legal Description: VINTON PLACE LOT 11
  • Listing Info Fire District: Springfield
  • List Price per Sq Ft: 27.23
  • Special Features: None
  • Year Built: 1912

Interior Features

  • Appliances: Oven/Range, Refrigerator
  • Full Bathrooms: 1 Per Unit
  • Rooms Above Grade: 10.00
  • Sq Ft Finshd And Unfnshd: 2000 - 2199
  • Estimated Sq Ft: 2016.00

Exterior Features

  • Waterfront View: None
  • Lake/River: None
  • Roofing Material: Composition
  • Construction: Wood Frame
  • Buildings: One Building

Garage/Parking

  • Parking: Street, Two or More

Utilities

  • Flood Insurance: Unknown
  • Sewer: City Sewer
  • Water: City Water
  • Utilities: Electricity, Gas, Water

Schools

  • Elementary School: SGF-Campbell
  • Middle School: SGF-Westport
  • High School: SGF-Central

Lot Info

  • Estimated Lot Size Acres: 0.1100
  • Lot Dimensions: 39X125
  • Zoning: Residential

Rental Info

  • Sub Lease: No
  • Total Monthly Rent: 1195.00
  • Type of Tenancy: Lease, Monthly

Tax Info

  • Real Estate Tax: 455.08
  • Assessor Parcel Number: 881323217011
  • Tax Year: 2015

Multi Family

  • Total Units: 4

MLS Schools

  • Elementary School: SGF-Campbell
  • High School: SGF-Central
  • Middle School: SGF-Westport

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2016
Closed on
Sep 16, 2016
Sold by
Backler Holding Co Llc
Bought by
Rotert Investment Llc
Seller's Agent
James Morgan
R P M Realty
Buyer's Agent
Michael Cataldo
Murney Associates - Primrose
List Price
$58,900
Current Estimated Value
$157,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.52%

Purchase Details

Closed on
Aug 25, 2015
Sold by
Backler Randal D and Backler Wayne A
Bought by
Backler Holding Company Llc

Purchase Details

Closed on
Aug 1, 2008
Sold by
Backler William E
Bought by
Backler Randall D and Backler Wayne A
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
Rotert Investment Llc -- None Available
Backler Holding Company Llc -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2016 09/19/16 Sold -- -- --
09/10/2016 09/10/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $58,900 -- $29 / Sq Ft
Source: Southern Missouri Regional 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 $523 $14,470 $2,960 $11,510
2024 $523 $9,750 $1,670 $8,080
2023 $520 $9,750 $1,670 $8,080
2022 $537 $9,840 $1,670 $8,170
2021 $537 $9,840 $1,670 $8,170
2020 $539 $9,440 $1,670 $7,770
2019 $524 $9,440 $1,670 $7,770
2018 $506 $9,120 $1,670 $7,450
2017 $501 $8,380 $1,670 $6,710
2016 $459 $8,380 $1,670 $6,710
2015 $455 $8,380 $1,670 $6,710
2014 $458 $8,380 $1,670 $6,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southern Missouri Regional MLS

MLS Number: 60055810

Southern Missouri Regional MLS

APN: 13-23-217-011