Seller's Agent in 2020
Alicia Olejnik
McKinnies Realty, LLC
(574) 220-3702
1 in this area
79 Total Sales
1318 Hillcrest Rd South Bend, IN 46617
North Shore Triangle NeighborhoodEstimated Value: $488,160
9
Beds
6
Baths
4,013
Sq Ft
$122/Sq Ft
Est. Value
Highlights
- Partially Wooded Lot
- Central Air
- 4-minute walk to Parkovash Park
- Corner Lot
- Baseboard Heating
About This Home
As of May 20206-unit apartment complex located just Southeast of Notre Dame campus. 4 out of the 6 units are currently rented for an incoming rent rate of $2,375/mo. 2 of the 6 units are already rented for the 20-21 school year. New electric baseboard heating and cooling system installed July 2019. Gas/heating expenses at the property will decrease drastically. Tenants are now paying for their own heat. Landlord pays water/sewer, dumpster, and electric/gas for entrance area and stairwell. Tenants pay their own electric. Gas is not needed in the apartments. 1318 Hillcrest and 214 Angela are being sold together. The complex and parking lot reside across both lots with a common address used at the property as 1320 Hillcrest. There are two Parcel IDs and two Legal Descriptions. 1318 Hillcrest's Parcel ID is 71-08-01-102-001.000-026 214 Angela's Parcel ID is 71-08-01-102-002.000-026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,740
Year Built
- Built in 1892
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 102x189
- Corner Lot
- Sloped Lot
- Partially Wooded Lot
Home Design
- Brick Exterior Construction
- Vinyl Construction Material
Interior Spaces
- 3-Story Property
Bedrooms and Bathrooms
- 9 Bedrooms
- 6 Full Bathrooms
Partially Finished Basement
- 1 Bathroom in Basement
- 1 Bedroom in Basement
Parking
- 12 Parking Spaces
- Off-Street Parking
Schools
- Madison Elementary School
- Clay Middle School
- Clay High School
Utilities
- Central Air
- Baseboard Heating
Listing and Financial Details
- Tenant pays for cable, cooling, heating
- The owner pays for lawn maintenance
- Assessor Parcel Number 71-08-01-102-001.000-026
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $1,900
- Fuel Expense $2,800
- Insurance Expense $1,350
- Maintenance Expense $1,300
- Trash Expense $780
- Water Sewer Expense $1,650
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2019
Closed on
May 19, 2020
Sold by
650 West Golf Llc
Bought by
Davey Homes Llc
Seller's Agent
Alicia Olejnik
McKinnies Realty, LLC
Buyer's Agent
Alicia Olejnik
McKinnies Realty, LLC
List Price
$320,000
Sold Price
$300,000
Premium/Discount to List
-$20,000
-6.25%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,160
Avg. Annual Appreciation
7.94%
Original Mortgage
$3,276
Outstanding Balance
$1,800
Interest Rate
3.3%
Mortgage Type
Seller Take Back
Estimated Equity
$447,257
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Davey Homes Llc | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Davey Homes Llc | $3,276 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/15/2020 05/15/20 | Sold | $300,000 | -6.3% | $75 / Sq Ft |
| 03/02/2020 03/02/20 | Pending | -- | -- | -- |
| 08/14/2019 08/14/19 | For Sale | $320,000 | -- | $80 / Sq Ft |
Source: Indiana Regional MLS
Tax History Compared to Growth
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 | $90 | $3,600 | $700 | $2,900 |
| 2023 | $180 | $5,300 | $2,000 | $3,300 |
| 2022 | $180 | $5,300 | $2,000 | $3,300 |
| 2021 | $163 | $4,800 | $1,700 | $3,100 |
| 2020 | $163 | $4,800 | $1,700 | $3,100 |
| 2019 | $144 | $4,800 | $1,700 | $3,100 |
| 2018 | $146 | $4,800 | $1,700 | $3,100 |
| 2017 | $148 | $4,700 | $1,700 | $3,000 |
| 2016 | $253 | $7,600 | $1,700 | $5,900 |
| 2014 | $261 | $10,000 | $10,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Alicia Olejnik
Map
Source: Indiana Regional MLS
MLS Number: 201935621
APN: 71-08-01-102-002.000-026
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