NOT LISTED FOR SALE

Estimated Value: $285,000 - $290,000

2 Beds
1 Bath
1,813 Sq Ft
8,276 Sq Ft Lot

Last Sold December 17, 2013

Last sale price $38,750 $21 Per Sq Ft

Est. 642% increase in value since last sale

Current estimated payment $1,679/month

297 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Central Heating and Cooling System
  • Lincoln Avenue Academy Rated A-
  • Mature Landscaping
  • Carpet

About This Home

As of December 2013

ATTENTION INVESTORS!! GOOD RENTAL HISTORY. FREE WITH PURCHASE...BLUE SKYS AND SUNSHINE!...Great investment opportunity with 2/1 Apartment on each side and sold As-Is. Affordable for the tenants and convenient to stores and shopping. A diamond in the rough! Perfect for rentals with good long term tenants. (4) 100% Tennant Occupied Duplex Units can be purchased separately or as a package. Great income potential, currently drawing $500/month for the (8) total units. Gross $48,000/year plus possibly morewith a little TLC. Each unit boasts a great room, dining room and kitchen with snack bar and an inside laundry room with washer and dryer hook-ups. The kitchens include all appliances: refrigerator, stoves and dishwashers. Partially fenced and the tenants pay all utilities and lawn care is included in maintenance. Some deferred maintenance to exterior but a little paint and minor landscaping would do wonders to make this investment more profitable in a short period of time. No HOA! Quick closing available. Home square footage, and lot sizes should be independently verified. Long-time local property manager with 12 years experience is willing to continue. PRICED TO SELL. OWNER IS MOTIVATED!! BRING ALL OFFERS!!

Last Agent to Sell the Property

Jim Carruthers

BLACK TIE REALTY, INC. License #0225243275 Listed on: 11/07/2012

Last Buyer's Agent

Tom Novack

HOSANNA REAL ESTATE SERVICES License #3245341

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $784

Year Built

  • Built in 1978

Lot Details

  • Mature Landscaping
  • Additional Parcels

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,813 Sq Ft Home
  • Blinds
  • Oven
  • Laundry in unit

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • Property is near public transit
  • City Lot

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Association fees include ground maintenance
  • Sunset Terrace Subdivision

Listing and Financial Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$784

Year Built

Built in 1978

Lot Details

0

Listing Details

  • HOA Fee Includes: Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1813
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 1813
  • Lot Size Sq Ft: 8208
  • Directions to Property: Lakeland Hill Blvd. (SR 33) to right on W. Main St.; turn left on Central Avenue; turn right on Herschell St. Property will be on the left.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G4688853&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=G4688853&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 102500
  • Ratio: Close Price\List Price: 0.70455
  • Price per Sq Ft: 21.37
  • Close to Original List Price Ratio: 0.70455
  • Ratio: Current Price\Building Area Total: 21.37
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 1
  • Appliances Included: Oven, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 1332
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: 0
  • Parcel Number: 23-28-23-102500-010170
  • Additional Parcels: Yes
  • Lot Features: City Lot, Near Public Transit
  • Millage Rate: 19.59
  • Future Land Use: 0151
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Expected Lease Date: 2013-12-17T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 784
  • Tax Block: J
  • Tax Book Number: 0007/0045
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2012
Closed on
Dec 10, 2013
Sold by
Distinctive Advantage Llc
Bought by
Oli 3 Inc
Seller's Agent
Jim Carruthers
BLACK TIE REALTY, INC.
Buyer's Agent
Tom Novack
HOSANNA REAL ESTATE SERVICES
List Price
$55,000
Sold Price
$38,750
Premium/Discount to List
-$16,250
-29.55%
Current Estimated Value
$287,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,750
Avg. Annual Appreciation
18.43%
Original Mortgage
$108,000
Outstanding Balance
$80,659
Interest Rate
4.19%
Estimated Equity
$206,841

Purchase Details

Closed on
Mar 19, 2012
Sold by
Crawford John and Crawford Trust #1324
Bought by
Distinctive Advantage Llc

Purchase Details

Closed on
Dec 23, 2009
Sold by
Crawford John and Crawford Trust #1332
Bought by
Distinctive Advantage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,500
Interest Rate
4.75%

Purchase Details

Closed on
Dec 21, 2009
Sold by
Simmons Henry Beverly A
Bought by
Crawford John and The Crawford Trust #1324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,500
Interest Rate
4.75%

Purchase Details

Closed on
Oct 5, 2005
Sold by
Campbell Douglas A and Campbell Fay P
Bought by
Simmons Henry Beverly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,450
Interest Rate
7.62%

Purchase Details

Closed on
Jul 1, 2003
Sold by
May Kenneth C and C & H Trust
Bought by
Campbell Douglas A and Campbell Fay P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,390
Interest Rate
5.94%
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
Oli 3 Inc $155,000 Jewel Stone Title Insurance
Distinctive Advantage Llc -- Advantage Title Services Inc
Distinctive Advantage Llc $39,000 Advantage Title Services Inc
Crawford John $29,000 First American Title
Simmons Henry Beverly A $107,200 First American Title Ins Co
Campbell Douglas A $28,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oli 3 Inc $108,000
Previous Owner Distinctive Advantage Llc $25,500
Previous Owner Simmons Henry Beverly A $96,450
Previous Owner Campbell Douglas A $53,390
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2013 12/17/13 Sold $38,750 -29.5% $21 / Sq Ft
08/31/2013 08/31/13 Pending -- -- --
11/06/2012 11/06/12 For Sale $55,000 -- $30 / Sq Ft
Source: Stellar 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 $1,911 $79,000 -- --
2024 $1,916 $71,818 -- --
2023 $1,916 $65,289 $0 $0
2022 $1,471 $59,354 $0 $0
2021 $1,395 $53,958 $0 $0
2020 $937 $49,419 $10,000 $39,419
2018 $892 $45,352 $10,000 $35,352
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G4688853

Stellar MLS

APN: 23-28-23-102500-010170