$550,000
SOLD JAN 2, 2025
42 Beds
21 Baths
-- Sq Ft
0.33 Acres

Recently Sold

3% Below List Price

0 Day on Market

About This Home

As of January 2025

Pre-sold! Great location next to school, shopping, and conveniences. Well maintained and fully occupied 6 unit. All HVAC replaced in past 2 years. Driveway repaved in Oct 2024. All units have washer and dryers. Roof shingled over in 2005. Vinyl siding, gutters, soffits and chain link fence in 2012. Front doors all replaced in 2008. 3 kitchens have been updated and 4 bathrooms. Landlord pays water and garbage. Agent Interest

Last Agent to Sell the Property

Bev Virgil

Coldwell Banker Real Estate Group License #475130017 Listed on: 11/18/2024

Coldwell Banker Real Estate Group

Co-Listed By

Tiffany Nord

Coldwell Banker Real Estate Group License #475128487

Last Buyer's Agent

Bev Virgil

Coldwell Banker Real Estate Group License #475130017 Listed on: 11/18/2024

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,732

Year Built

  • Built in 1978

Lot Details

  • Lot Dimensions are 100 x 140
  • Additional Parcels

Interior Spaces

  • 2-Story Property
  • Unfinished Basement

Bedrooms and Bathrooms

  • 42 Bedrooms
  • 21 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $240
  • Fuel Expense $86
  • Insurance Expense $3,545
  • Maintenance Expense $8,108
  • Other Expense $590
  • Trash Expense $2,133
  • Water Sewer Expense $4,113
  • Operating Expense $28,992
  • Gross Income $59,415
  • Net Operating Income $28,992

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,732

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Condo/Townhouse
  • Stories: 2
  • Year Built: 1978
  • Built Before 1978 (Y/N): No
  • Information: 24-Hr Notice Required
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 21
  • Total Bedrooms: 42
  • Basement Description: Unfinished
  • Fireplaces: 5
  • Drive-In Doors: 6
  • Dishwashers: 6
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 5
  • Room: 0

Exterior Features

  • Exterior Building Type: Vinyl Siding,Brick

Utilities

  • Cooling: Central Air
  • Electric: Separate Meters
  • Heat/Ventilation: Forced Air
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Conversion YN: N

Fee Information

  • Trash Expense: 2133
  • Water Sewer Expenses: 4113
  • Operating Expense Includes: Other,Snow Removal

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 100 X 140
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 23

Multi Family

  • Net Operating Income: 28992
  • Fuel Expense: 86
  • Insurance Expense: 3545
  • ElectricExpense: 240
  • GrossIncome: 59415
  • Maintenance Expense: 8108
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 28992
  • Type Multi-Family: Condo/Townhouse

Tax Info

  • Tax Annual Amount: 10732.38
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2024
Closed on
Jan 2, 2025
Sold by
Virgil Bev and Virgil Steve
Bought by
Hodel Dillon
Seller's Agent
Bev Virgil
Coldwell Banker Real Estate Group
Buyer's Agent
Bev Virgil
Coldwell Banker Real Estate Group
List Price
$565,000
Sold Price
$550,000
Premium/Discount to List
-$15,000
-2.65%
Current Estimated Value
$577,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,000
Avg. Annual Appreciation
5.01%
Original Mortgage
$440,000
Outstanding Balance
$388,469
Interest Rate
5.84%
Mortgage Type
New Conventional
Estimated Equity
$188,531
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 $550,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $440,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2025 01/02/25 Sold $550,000 -2.7% --
11/18/2024 11/18/24 Pending -- -- --
11/18/2024 11/18/24 For Sale $565,000 -- --
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 $9,998 $137,588 $18,930 $118,658
2022 $9,998 $111,300 $15,313 $95,987
2021 $9,657 $105,010 $14,448 $90,562
2020 $9,603 $103,919 $14,298 $89,621
2019 $9,278 $103,361 $14,221 $89,140
2018 $9,176 $102,266 $14,070 $88,196
2017 $8,849 $102,266 $14,070 $88,196
2016 $8,753 $102,266 $14,070 $88,196
2015 $8,515 $99,869 $13,740 $86,129
2014 $8,410 $99,869 $13,740 $86,129
2013 -- $99,869 $13,740 $86,129
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12211732

Midwest Real Estate Data (MRED)

APN: 14-26-153-002