NOT LISTED FOR SALE

Estimated Value: $417,326 - $451,000

Studio
2 Baths
2,988 Sq Ft
$145/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $265,000 $89 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,795/month

12 Days on Market

Highlights

  • No HOA
  • Ceiling height of 9 feet or more
  • Property is in very good condition
  • Brick Front
  • Forced Air Heating and Cooling System
  • 1-minute walk to City Springs Park

About This Home

As of September 2018

Huge Opportunity for buyer to live in one unit and rent the other or use as an in-law suite. Owner maintained in fabulous condition 38 years. Property originally rehabbed by city in 1979, then renovated later by owner to today's standards. 2 HVAC units, 2 kitchens, separate meters, 2 water heaters w/expansion tanks. Beautiful inside.Expenses estimated. Rent roll estimated @$1,500/month

Last Agent to Sell the Property

Mike Bailey

(301) 363-2840 mike.bailey@penfedrealty.com Berkshire Hathaway HomeServices PenFed Realty Listed on: 08/14/2018

Berkshire Hathaway HomeServices PenFed Realty

Last Buyer's Agent

Heban Andargie

(202) 327-0925 heban@alldcmetro.com RLAH @properties License #98373580

RLAH @properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • Property is in very good condition

Home Design

  • Brick Front

Interior Spaces

  • Ceiling height of 9 feet or more
  • Dryer

Kitchen

  • Gas Oven or Range
  • Microwave
  • ENERGY STAR Qualified Dishwasher
  • Disposal

Unfinished Basement

  • Connecting Stairway
  • Rear Basement Entry

Parking

  • On-Street Parking
  • Rented or Permit Required
  • Unassigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 015
  • Assessor Parcel Number 0306101345 015

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Washington Hill Subdivision

Building Details

  • Operating Expense $9,500

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Expected On Market: 2018-08-16
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dryer, Microwave, Oven/Range - Gas, Energy Star Dishwasher, Dishwasher, Refrigerator
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, 9'+ Ceilings
  • Basement: Yes
  • Basement Type: Rear Entrance, Connecting Stairway, Unfinished
  • Price Per Sq Ft: 92.03

Exterior Features

  • Construction Materials: Brick Front
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned, Rented/Permit Required
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 248400.00
  • Land Assessed Value: 80000.00
  • Property Condition: Very Good
  • Zoning: 0B033
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12914338
  • Tax Annual Amount: 6733.86
  • Assessor Parcel Number: 0306101345 015
  • Tax Lot: 015
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Gross Income: 1800.00
  • Metering: Fully Separate, Electric Separate, Gas Separate
  • Operating Expense: 9500.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2018
Closed on
Sep 21, 2018
Sold by
Mayo Milton A and Mayo Lora G
Bought by
Gutierrez Andres Eduardo and Gutierrez Oswaldo
Seller's Agent
Mike Bailey
Berkshire Hathaway HomeServices PenFed Realty
Buyer's Agent
Heban Andargie
RLAH @properties
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%
Current Estimated Value
$434,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,163
Avg. Annual Appreciation
7.01%
Original Mortgage
$198,750
Outstanding Balance
$172,965
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$261,198

Purchase Details

Closed on
Jun 1, 2004
Sold by
Mayo Milton A
Bought by
Mayo Milton A and Mayo Lora G
Source: Public Records
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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
Gutierrez Andres Eduardo $265,000 Universal Title
Mayo Milton A $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Andres Eduardo $198,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2018 09/21/18 Sold $265,000 -3.6% $89 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
08/14/2018 08/14/18 For Sale $275,000 -- $92 / Sq Ft
Source: Bright 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 $6,560 $279,300 $80,000 $199,300
2024 $6,560 $279,300 $80,000 $199,300
2023 $6,560 $279,300 $80,000 $199,300
2022 $6,721 $284,800 $80,000 $204,800
2021 $6,721 $284,800 $80,000 $204,800
2020 $6,721 $284,800 $80,000 $204,800
2019 $7,713 $328,400 $80,000 $248,400
2018 $7,242 $306,867 $0 $0
2017 $3,744 $285,333 $0 $0
2016 $3,342 $263,800 $0 $0
2015 $3,342 $263,800 $0 $0
2014 $3,342 $263,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002242176

Bright MLS

APN: 1345-015