$975,000
SOLD JUN 13, 2024
-- Bed
-- Bath
4,926 Sq Ft
0.31 Acres

Recently Sold

$198 Per Sq Ft

2% Below List Price

39 Days on Market

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Level Lot
  • 4 Car Garage

About This Home

As of June 2024

Hard to find 4-plex with 3 bedrooms, 2 and a half baths, with a single car garages and lots of additional parking, approximately 8 additional spots. This quiet flag lot 4-plex is located far away from Stark St. on a level lot. Features include a brand new architectural composition roof. Both end units (units 1 & 4) have recently been completely updated. Units 2 & 3 have had the same tenants for approx. 10 years and are not as new as the other two. Thr breakdown is $248,750 per 3 bed, 2.5 bath, single garage unit... hard to find! Write offers "subject to interior inspection". New siding and paint. Two units were completely remodeled in 2022-2023.

Last Agent to Sell the Property

Joe Fustolo

Soldera Properties, Inc License #911000147 Listed on: 03/29/2024

Last Buyer's Agent

Moonaya -

MORE Realty License #201231229

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,553

Year Built

  • Built in 1996

Lot Details

  • 0.31 Acre Lot
  • Level Lot
  • Flag Lot

Parking

  • 4 Car Garage
  • Off-Street Parking

Home Design

  • Composition Roof
  • Cement Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,926 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Parklane Elementary School
  • Centennial Middle School
  • Centennial High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number R239049

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $10,553
  • Gross Income $86,940
  • Net Operating Income $76,387

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,553

Year Built

Built in 1996

Lot Details

0

Parking

4

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1996
  • Property Condition: Existing
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Attached,Garage
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: CementSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: FlagLot, Level
  • Road Surface Type: Paved
  • Roof: Composition

Garage/Parking

  • Parking Description: Garage, OffStreet
  • Attached Garage: No
  • Garage Spaces: 4.0
  • Total Parking Spaces: 8.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Internet Service Type: Cable
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Parklane
  • High School: Centennial
  • Middle Or Junior School: Centennial

Lot Info

  • Zoning: Mul
  • Lot Size Acres: 0.31
  • Lot Size: Approx. 13,602sqft
  • Lot Size Sq Ft: 13503.0
  • Parcel #: R239049

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 10553.07

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4
  • Number Of Units Total: 4
  • Gross Rent Multiplier: 11.44
  • Annual Gross Income: 86940.0
  • Property Net Operating Income: 76387.0
  • Annual Operating Expense: 10553.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
Jun 3, 2024
Sold by
Theo Jerry and Theo Phyllis Ann
Bought by
Garcia Muniz Luz Elena and Jasso Anguiano Jose
Seller's Agent
Joe Fustolo
Soldera Properties, Inc
Buyer's Agent
Moonaya -
MORE Realty
List Price
$995,000
Sold Price
$975,000
Premium/Discount to List
-$20,000
-2.01%
Total Days on Market
39
Views
8
Current Estimated Value
$981,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,623
Avg. Annual Appreciation
0.70%
Original Mortgage
$731,250
Outstanding Balance
$725,120
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$256,503

Purchase Details

Closed on
Mar 6, 2008
Sold by
Drucks T Jerry and Drucks Phyllis A
Bought by
Drucks Jerry and Drucks Phyllis Ann

Purchase Details

Closed on
Sep 13, 2004
Sold by
Burton Doshia D
Bought by
Drucks T Jerry and Drucks Phyllis A

Purchase Details

Closed on
Aug 15, 2001
Sold by
Deters Carol Ann
Bought by
Burton Samuel E and Burton Doshie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,150
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 1996
Sold by
Trio Properties
Bought by
Deters Carol Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,000
Interest Rate
7.05%
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 Type Sale Price Title Company
Warranty Deed $975,000 Wfg Title
Interfamily Deed Transfer -- None Available
Warranty Deed $398,000 Chicago Title Insurance Comp
Warranty Deed $384,250 Fidelity National Title Co
Warranty Deed $342,456 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $731,250 New Conventional
Previous Owner $288,150 Purchase Money Mortgage
Previous Owner $173,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2024 06/13/24 Sold $975,000 -2.0% $198 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
05/04/2024 05/04/24 For Sale $995,000 0.0% $202 / Sq Ft
03/30/2024 03/30/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $995,000 -- $202 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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
2023 $10,553 $468,410 $0 $0
2022 $10,295 $454,770 $0 $0
2021 $10,385 $441,530 $0 $0
2020 $9,260 $428,670 $0 $0
2019 $8,911 $416,190 $0 $0
2018 $8,612 $404,070 $0 $0
2017 $8,297 $392,310 $0 $0
2016 $7,422 $380,890 $0 $0
2015 $6,211 $369,800 $0 $0
2014 $5,895 $352,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24431675

Regional Multiple Listing Service (RMLS)

APN: R239049