NOT LISTED FOR SALE

Estimated Value: $224,000 - $280,000

6 Beds
2 Baths
2,416 Sq Ft
$104/Sq Ft Est. Value

Last Sold November 29, 2018

Last sale price $170,000 $70 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,817/month

15 Days on Market

About This Home

As of November 2018

Contract Pending. Solid and spacious duplex! Wood floors and natural woodwork throughout. Each unit is 3 bedrooms and 1 bathroom with full unfinished basements. Off-street parking at the end of the driveway and off the alley.

Last Agent to Sell the Property

Jon Rademacher

Performance Property Mgmt License #20220022 Listed on: 10/03/2018

Last Buyer's Agent

Tyler Bebout

Modern Real Estate License #20240032

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,375

Year Built

  • Built in 1920

Lot Details

  • 7,100 Sq Ft Lot
  • Lot Dimensions are 50 x 142

Home Design

  • 2,416 Sq Ft Home
  • Block Foundation
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Schools

  • Prescott Elementary School
  • Irving Middle School
  • Lincoln High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Basement

Listing and Financial Details

  • Total Actual Rent $1,725
  • Assessor Parcel Number 1025431006000

Community Details

Overview

  • No Home Owners Association
  • 2,416 Sq Ft Building

Building Details

  • Maintenance Expense $521
  • Manager Expense $2,068
  • Net Operating Income $16,089

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,375

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Parcel Number: 1025431006000
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.163
  • Lot Size: 50 x 142
  • Directions: So. 25th Street between B & C Streets.
  • New Construction: No
  • ResoBuildingAreaSource: Assessor
  • Special Features: None

Interior Features

  • Basement YN: Yes
  • Full Bathrooms: 2
  • Fireplace: No
  • Living Area: 2416
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Foundation Details: Block
  • Construction Type: Stucco
  • Property Condition: Not New and NOT a Model
  • Roof: Composition

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Lincoln High
  • Elementary School: Prescott
  • Junior High Dist: Lincoln
  • Middle Or Junior School: Irving

Lot Info

  • Lot Features: Up to 1/4 Acre.
  • Lot Size Sq Ft: 7100
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Maintenance Expense: 521
  • Number Of Units Total: 2
  • Resident Manager Expense: 2068
  • Property Net Operating Income: 16089
  • Total Actual Rent: 1725

Tax Info

  • Tax Annual Amount: 1375

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2018
Closed on
Nov 19, 2018
Sold by
Mccormick Brad and Mccormick Jennifer
Bought by
Madden Kelly and Madden Sue
Seller's Agent
Jon Rademacher
Performance Property Mgmt
Buyer's Agent
Tyler Bebout
Modern Real Estate
List Price
$178,500
Sold Price
$170,000
Premium/Discount to List
-$8,500
-4.76%
Current Estimated Value
$291,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,336
Avg. Annual Appreciation
8.37%
Original Mortgage
$127,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2007
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Mccormick Brad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,920
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2007
Sold by
National City Mortgage Co
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,920
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2007
Sold by
Soucy Victoria L and Soucy Christopher
Bought by
National City Mortgage Co

Purchase Details

Closed on
Dec 30, 1998
Sold by
Weber Victor and Weber Elizabeth
Bought by
Soucy Christopher A and Walker Victoria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,100
Interest Rate
6.85%
Source: Public Records

Range of Values:

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Average Value
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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
Madden Kelly $170,000 Consumers Title And Escrow
Mccormick Brad -- Transcontinental Title Co
Federal Home Loan Mortgage Corporation -- Transcontinental Title Co
National City Mortgage Co $96,565 Lsi Title Fnds Division
Soucy Christopher A $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madden Kelly $129,800
Closed Madden Kelly $127,500
Closed Madden Kelly $127,500
Previous Owner Mccormick Brad $59,920
Previous Owner Soucy Christopher A $80,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2018 11/29/18 Sold $170,000 -4.8% $70 / Sq Ft
10/18/2018 10/18/18 Pending -- -- --
10/03/2018 10/03/18 For Sale $178,500 -- $74 / Sq Ft
Source: Great Plains 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
2024 $2,764 $200,000 $45,000 $155,000
2023 $3,352 $200,000 $45,000 $155,000
2022 $3,406 $170,900 $25,000 $145,900
2021 $3,222 $170,900 $25,000 $145,900
2020 $2,018 $105,600 $25,000 $80,600
2019 $1,504 $78,700 $25,000 $53,700
2018 $1,511 $78,700 $25,000 $53,700
2017 $1,375 $71,000 $25,000 $46,000
2016 $1,383 $71,000 $25,000 $46,000
2015 $1,373 $71,000 $25,000 $46,000
2014 $1,760 $90,500 $25,000 $65,500
2013 -- $90,500 $25,000 $65,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: L10150369

Great Plains Regional MLS

APN: 10-25-431-006-000