NOT LISTED FOR SALE

Estimated Value: $552,000 - $605,047

9 Beds
5 Baths
-- Sq Ft
0.25 Acres

Last Sold July 29, 2021

Last sale price $477,500

Est. 21% increase in value since last sale

Current estimated payment $4,035/month

3 Days on Market

Highlights

  • Lower Floor Utility Room
  • Fenced Yard
  • 2 Car Detached Garage
  • Workshop
  • Balcony
  • 3-minute walk to Century Oaks Park

About This Home

As of July 2021

GREAT WELL MAINTAINED 4 UNIT WITH A 2 CAR GARAGE IN A RESIDENTIAL NEIGHBORHOOD WITH POSITIVE CASH FLOW!! TENANTS PAY THEIR OWN SEPARATE UTILITIES. ALL UNITS FEATURE PORCHES OR BALCONIES. UNIT "A" IS 2 LEVELS AND FEATURES A FAMILY ROOM, 1 AND 1/2 BATHS AND LARGE SLIDING DOOR THAT STEPS OUT TO A PORCH OVERLOOKING THE BACKYARD. ALL UNITS HAVE GOOD SIZED BEDROOMS AND CEILING FANS IN THE KITCHENS. BASEMENT HAS COIN LAUNDRY WITH 2 WASHERS AND ONE DRYER, LARGE STORAGE UNITS FOR EACH APARTMENT. ALSO A MAINTENANCE ROOM CONSISTING OF 2 LARGE ROOMS, STORAGE RACKS AND A WORK BENCH. PROFESSIONALLY LANDSCAPED BACKYARD, NEW GARAGE DOOR. EXTERIOR OF BUILDING PAINTED 2020, NEW PAINT AND NEW CARPET IN COMMON AREAS (5/21) NEW WATER HEATER (3/21) BUILDING HAS TIMERS AND MOTION SENSORS FOR INDOOR AND OUTDOOR LIGHTING. LED W/ MOTION SENSORS IN BASEMENT. LARGE BEDROOM CLOSETS EXTEND ACROSS THE ENTIRE BEDROOM WALL. STORAGE SHED IN BACKYARD "AS IS". LOTS OF STORAGE!!

Last Agent to Sell the Property

Phil Reaume

Solid Realty Services, Inc. License #471003914 Listed on: 06/22/2021

Last Buyer's Agent

Ben Henrikson

RE/MAX Horizon License #475091643

RE/MAX Horizon

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,890

Year Built

  • Built in 1975

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 60 x 115
  • Fenced Yard
  • Wood Fence
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Workshop
  • Lower Floor Utility Room
  • Storm Screens

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 9 Potential Bedrooms
  • 5 Bathrooms
  • Soaking Tub

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Balcony
  • Patio
  • Shed

Schools

  • Kimball Middle School
  • Larkin High School

Utilities

  • Heating Available

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $1,705
  • Insurance Expense $2,232
  • Maintenance Expense $300
  • Water Sewer Expense $3,146
  • Gross Income $60,660

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,890

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 5
  • Total Bedrooms: 9
  • Other Equipment: Sump Pump
  • Room Type: Utility Room-Lower Level, Workshop
  • Basement Description: Partially Finished
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Garage/Space,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Range Hood
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Range Hood

Exterior Features

  • ExteriorFeatures: Balcony, Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard, Wood Fence
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved, Other
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 3146
  • Other Expenses $: 490

Schools

  • High School: Larkin High School
  • Middle/Junior School: Kimball Middle School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.25
  • Lot Dimensions: 60 X 115
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: Electric

Multi Family

  • Insurance Expense: 2232
  • ElectricExpense: 1705
  • GrossIncome: 60660
  • Maintenance Expense: 300
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 9889.66
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2021
Closed on
Jul 13, 2021
Sold by
Fain Steven D and Fain Sandra B
Bought by
Hoover Shirley J and Shirley J Hoover Trust
Seller's Agent
Phil Reaume
Solid Realty Services, Inc.
Buyer's Agent
Ben Henrikson
RE/MAX Horizon
List Price
$469,900
Sold Price
$477,500
Premium/Discount to List
$7,600
1.62%
Current Estimated Value
$580,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,512
Avg. Annual Appreciation
4.68%

Purchase Details

Closed on
Apr 11, 2008
Sold by
Rogers Aaron and Rogers Ann
Bought by
Fain Steven D and Fain Sandra B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2004
Sold by
Rogers Aaron and Rogers Ann
Bought by
Rogers Aaron and Rogers Ann

Purchase Details

Closed on
Dec 15, 1999
Sold by
Jes Libor and Jes Sofia
Bought by
Rogers Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,200
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
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
Hoover Shirley J $475,000 None Available
Fain Steven D $360,000 First American Title
Rogers Aaron -- None Available
Rogers Aaron $256,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fain Steven D $252,000
Previous Owner Rogers Aaron $243,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2021 07/29/21 Sold $477,500 +1.6% --
06/26/2021 06/26/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $469,900 -- --
Source: Midwest Real Estate Data (MRED)

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 $11,803 $147,483 $31,401 $116,082
2023 $11,358 $133,239 $28,368 $104,871
2022 $9,534 $121,491 $25,867 $95,624
2021 $10,134 $113,586 $24,184 $89,402
2020 $9,890 $108,435 $23,087 $85,348
2019 $9,647 $103,291 $21,992 $81,299
2018 $9,620 $97,307 $20,718 $76,589
2017 $10,065 $97,861 $20,836 $77,025
2016 $10,529 $98,728 $19,330 $79,398
2015 -- $90,493 $17,718 $72,775
2014 -- $89,376 $17,499 $71,877
2013 -- $91,734 $17,961 $73,773
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11128843

Midwest Real Estate Data (MRED)

APN: 06-03-326-017