NOT LISTED FOR SALE
8 Beds
4 Baths
3,168 Sq Ft
6,138 Sq Ft Lot

Sale Details

Date Sold: November 27, 2019

Last sale price $1,185,000 $374 Per Sq Ft

28 Days on Market

About This Home

As of November 2019

WOW... Great income generating investment opportunity for investors to own a 4-plex *** Conveniently located property with four 2 bedroom/1 bathroom units, 3 carports *** The property sits on just over 6,000 square feet of low maintenance land and was originally constructed in 1962. The property boasts just over 3,168 square feet of living space *** Never vacant for many years *** Minutes to Oakridge Mall and highways 85, 101, and 87 ****

Last Agent to Sell the Property

Truman Nhu

CENTURY 21 Masters License #01110101 Listed on: 10/14/2019

CENTURY 21 Masters

Last Buyer's Agent

Truman Nhu

CENTURY 21 Masters License #01110101 Listed on: 10/14/2019

CENTURY 21 Masters
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1962

Lot Details

  • 6,138

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,168 Sq Ft Home
  • 2-Story Property

Parking

  • 1 Parking Space
  • 1 Carport Space

Additional Features

  • 6,138 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $76,800

Community Details

Overview

Building Details

  • 4 Leased Units
  • Insurance Expense $1,763
  • Maintenance Expense $100
  • Other Expense $500
  • Utility Expense $2,530
  • Trash Expense $1,800
  • Operating Expense $23,555
  • Gross Income $76,800

Property Details

Home Type

Multi-Family

Year Built

1962

Lot Details

6,138 Sq Ft Lot

Listing Details

  • Zoning: R3H
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3168
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1962

Interior Features

  • Living Sq Ft: 3168
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Covered Parking
  • Carport Min: 1

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.1409
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6136.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6136.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 17.57
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1763
  • Expense Maintenance: 100
  • Expenses Other: 500
  • Expenses Total: 23555
  • Expenses Utility: 2530
  • Expense Trash: 1800
  • Income Annual Gross: 76800.00
  • Income Annual Rental: 76800
  • Income Gross Scheduled: 76800
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - License/Advertising, Fee - Property Tax, Insurance, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2019
Closed on
Nov 27, 2019
Sold by
Bought by
Seller's Agent
Truman Nhu
CENTURY 21 Masters
Buyer's Agent
Truman Nhu
CENTURY 21 Masters
List Price
$1,349,000
Sold Price
$1,185,000
Premium/Discount to List
-$164,000
-12.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$888,750
Outstanding Balance
$766,431
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2004
Sold by
Bought by

Purchase Details

Closed on
Dec 4, 1995
Sold by
Bought by

Purchase Details

Closed on
Jul 24, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,185,000 Chicago Title Company
-- --
$234,500 Old Republic Title Company
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $888,750
Previous Owner $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/27/2019 11/27/19 Sold $1,185,000 -12.2% $374 / Sq Ft
11/12/2019 11/12/19 Pending -- -- --
11/09/2019 11/09/19 Price Changed $1,349,000 +8.0% $426 / Sq Ft
11/01/2019 11/01/19 Price Changed $1,249,000 -7.4% $394 / Sq Ft
10/14/2019 10/14/19 For Sale $1,349,000 -- $426 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $18,197 $1,321,884 $970,499 $351,385
2025 $17,824 $1,295,966 $951,470 $344,496
2024 $17,824 $1,270,556 $932,814 $337,742
2023 $17,531 $1,245,644 $914,524 $331,120
2022 $17,453 $1,221,221 $896,593 $324,628
2021 $17,214 $1,197,276 $879,013 $318,263
2020 $21,492 $1,540,000 $1,225,000 $315,000
2019 $6,242 $349,203 $148,913 $200,290
2018 $6,186 $342,357 $145,994 $196,363
2017 $6,094 $335,645 $143,132 $192,513
2016 $5,791 $329,065 $140,326 $188,739
2015 $5,634 $324,123 $138,219 $185,904
2014 $5,275 $317,775 $135,512 $182,263
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81772327

MLSListings

APN: 684-31-028

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