NOT LISTED FOR SALE

Estimated Value: $1,568,000 - $1,739,402

-- Bed
4 Baths
2,757 Sq Ft
$600/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $1,300,000 $472 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $10,647/month

50 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Upgraded Countertops
  • Bancroft Elementary School Rated A-
  • No HOA
  • 1-minute walk to Rabaut Park

About This Home

As of August 2013

4 two story one bedroom one bath units. Two of the units have an area outside of the bedrooms that can be used as home office or denish space. Rents are est as seller lives in one and the other left vacant for the sale. Current tenants month to month and long term tenants so rent may not reflect market value. two top floor units $1800. each. 3 surface spaces and 1 garage. Property conveys "AS IS"

Last Agent to Sell the Property

Ira Hersh

Compass License #520225 Listed on: 07/11/2013

Compass

Last Buyer's Agent

Linda Low

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,199

Year Built

  • Built in 1914

Lot Details

  • 2,856 Sq Ft Lot
  • Southeast Facing Home
  • Property is in very good condition

Parking

  • 1 Car Detached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Surface Parking

Property Views

  • City
  • Woods

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Window Treatments
  • Wood Flooring
  • Basement
  • Sump Pump

Kitchen

  • Electric Oven or Range
  • Self-Cleaning Oven
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Vented Exhaust Fan
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 4 Units
  • Mount Pleasant Subdivision

Listing and Financial Details

  • The owner pays for real estate taxes, all utilities, repairs, management, insurance, miscellaneous
  • Tax Lot 757
  • Assessor Parcel Number 2591//0757

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,199

Year Built

Built in 1914

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1914
  • Remarks Public: 4 two story one bedroom one bath units. Two of the units have an area outside of the bedrooms that can be used as home office or denish space. Rents are est as seller lives in one and the other left vacant for the sale. Current tenants month to month and long term tenants so rent may not reflect market value. two top floor units $1800. each. 3 surface spaces and 1 garage. Property conveys "AS IS"
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Icemaker, Exhaust Fan, Dryer, Disposal, Dishwasher, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Washer
  • Interior Amenities: Wood Floors, Window Treatments, Upgraded Countertops
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Sump Pump
  • Price Per Sq Ft: 507.44
  • Street Number Modifier: 1600

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • View: City, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Surface, Garage
  • Garage Features: Garage Door Opener, Garage - Side Entry
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Detached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 549560.00
  • Land Assessed Value: 297370.00
  • Lot Size Acres: 0.07
  • Lot Size Area: 2856
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2856.00
  • Property Condition: Very Good
  • Soil Types: Urban Land-Sassafras-Chillum
  • Year Assessed: 2012
  • Zoning: R-5-D
  • In City Limits: Yes

Rental Info

  • Lease Term: Negotiable
  • Owner Pays: Taxes - Real Estate, All Utilities, Repairs, Management, Insurance, Miscellaneous
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 16131850
  • Tax Annual Amount: 7198.91
  • Assessor Parcel Number: 2591//0757
  • Tax Lot: 757
  • Tax Total Finished Sq Ft: 2757
  • Tax Year: 2012
  • Close Date: 08/30/2013

Multi Family

  • Gross Income: 90000.00
  • Metering: Electric Separate
  • Vacancy Allowance Rate: 25.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2013
Closed on
Aug 30, 2013
Sold by
Heilbronn Lisa M
Bought by
Smith Diann
Seller's Agent
Ira Hersh
Compass
Buyer's Agent
Linda Low
Compass
List Price
$1,399,000
Sold Price
$1,300,000
Premium/Discount to List
-$99,000
-7.08%
Current Estimated Value
$1,653,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,701
Avg. Annual Appreciation
2.15%
Original Mortgage
$975,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 31, 2004
Sold by
Grall Eugene James
Bought by
Heilbronn Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 24, 1998
Sold by
Gold Gerard G and Gold Jane R
Bought by
Follmer + Andrew C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,103
Interest Rate
7.09%
Mortgage Type
FHA
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
Smith Diann $1,300,000 --
Heilbronn Lisa M $1,025,000 --
Follmer + Andrew C $317,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Diann $912,000
Closed Smith Diann $975,000
Previous Owner Heilbronn Lisa M $800,000
Previous Owner Follmer + Andrew C $300,103
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2013 08/30/13 Sold $1,300,000 -7.1% $472 / Sq Ft
08/30/2013 08/30/13 Pending -- -- --
07/11/2013 07/11/13 For Sale $1,399,000 -- $507 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003616068

Bright MLS

APN: 2591 0757