NOT LISTED FOR SALE

Estimated Value: $384,000 - $456,000

2 Beds
2 Baths
1,956 Sq Ft
$215/Sq Ft Est. Value

Last Sold July 29, 2015

Last sale price $161,400 $83 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $2,542/month

89 Days on Market

Highlights

  • Attached Garage
  • Level Lot
  • 4-minute walk to Pride Park
  • Parking Storage or Cabinetry

About This Home

As of July 2015

Excellent cash flow at $775 per unit. Provides a basic cap rate of approximately 8.5! 2 bedroom/1.5 bath per side with a single car garage each. Each unit has a private fenced yard and patio. Roof was replaced around 10 years ago. Updates include some newer appliances, windows and flooring. Very close to busline and city services with long time tenants living in each side.

Last Agent to Sell the Property

Joe Williams

ICON Real Estate Group License #890600060 Listed on: 04/10/2015

ICON Real Estate Group

Last Buyer's Agent

Rene Nelson

PacWest Commercial RE, Inc License #890500024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,767

Year Built

  • Built in 1975

Lot Details

  • 5,663

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • 2-Story Property
  • Window Treatments
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Parking

  • Attached Garage
  • Parking Storage or Cabinetry

Additional Features

  • Level Lot
  • Electric Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,767

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Category: MultiFamily
  • Sq Ft Approximate Building Total: 1956
  • Stories: 2
  • Year Built: 1975
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: TL 06803
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: T-111 Siding
  • Lot Size: 5,000 to 6,999 SqFt

Garage/Parking

  • Parking Description: Attached, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Ceiling

Condo/Co-op/Association

  • Unit Features: Dishwasher, Range, Washer/Dryer Hookup, Window Coverings

Schools

  • Elementary School: Douglas Gardens
  • Middle School: Agnes Stewart
  • High School: Springfield

Lot Info

  • Lot Description: Level
  • Zoning: MD

Tax Info

  • Tax Amount: 2739.07
  • Assessor Parcel Number: 121549

Multi Family

  • Unit Type: 1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 9.09

MLS Schools

  • Elementary School: Douglas Gardens
  • High School: Springfield
  • Middle School: Agnes Stewart

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2015
Closed on
Jul 24, 2015
Sold by
Bekkenhuis Johnson Enterprises Llc
Bought by
Goseamoor Llc
Seller's Agent
Joe Williams
ICON Real Estate Group
Buyer's Agent
Rene Nelson
PacWest Commercial RE, Inc
List Price
$185,000
Sold Price
$161,400
Premium/Discount to List
-$23,600
-12.76%
Current Estimated Value
$420,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,900
Avg. Annual Appreciation
9.82%

Purchase Details

Closed on
May 14, 2004
Sold by
Bekkenhuis Johnson Carole L
Bought by
Bekkenhuis Johnson Enterprises Llc

Purchase Details

Closed on
Nov 13, 2002
Sold by
Greenhoot Properties Ii Llc
Bought by
Bekkenhuis Johnson Carole L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,500
Interest Rate
5.95%
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
Goseamoor Llc $161,400 Cascade Title Company
Bekkenhuis Johnson Enterprises Llc -- --
Bekkenhuis Johnson Carole L $124,380 Cascade Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bekkenhuis Johnson Carole L $99,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2015 07/29/15 Sold $161,400 -12.8% $83 / Sq Ft
07/08/2015 07/08/15 Pending -- -- --
04/10/2015 04/10/15 For Sale $185,000 -- $95 / 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
2024 $3,767 $202,712 -- --
2023 $3,767 $196,808 $0 $0
2022 $3,489 $191,076 $0 $0
2021 $3,426 $185,511 $0 $0
2020 $3,326 $180,108 $0 $0
2019 $3,226 $174,863 $0 $0
2018 $3,041 $164,825 $0 $0
2017 $2,924 $164,825 $0 $0
2016 $2,863 $160,024 $0 $0
2015 $2,781 $155,363 $0 $0
2014 $2,739 $150,838 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15121703

Regional Multiple Listing Service (RMLS)

APN: 0121549