NOT LISTED FOR SALE

Estimated Value: $170,000 - $713,000

12 Beds
6 Baths
4,941 Sq Ft
$101/Sq Ft Est. Value

Last Sold July 18, 2016

Last sale price $185,000 $37 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $3,270/month

16 Days on Market

Highlights

  • 0.7 Acre Lot
  • 1-Story Property
  • 3-minute walk to Lillian F Bryant Park
  • Tile Flooring

About This Home

As of July 2016

3 duplexes. Stable and income generating property. Units are 2 bed 1 bath and can be rented for $450-550/ month. Potential income is $38,000/year. Great condition, ne deferred maintenance needed. Completely turn key!!

Last Agent to Sell the Property

James Villarroel

REALPRO INC License #3009858 Listed on: 06/15/2016

Last Buyer's Agent

James Villarroel

REALPRO INC License #3009858 Listed on: 06/15/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,196

Year Built

  • Built in 1979

Lot Details

  • 0.7 Acre Lot

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Property Available on 6/15/16
  • Legal Lot and Block 1 / 8
  • Assessor Parcel Number 2196-008-001

Community Details

Overview

  • 12 Buildings
  • 6 Units
  • 4,941 Sq Ft Building
  • Richmond Hts Subdivision

Building Details

  • Gross Income $36,000
  • Net Operating Income $32,804

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,196

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Lot Size Acres: 0.7
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 4941
  • Lot Size Sq Ft: 30928
  • Status: Sold
  • Street Direction: NW
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • Sale Includes: Building(s) and Land
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 6
  • Total Bedrooms: 12
  • Levels: One
  • Stories: 1

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Water View YN: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Other

Utilities

  • Utilities: Electricity Connected, Street Lights
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Zoning: R-2 One and Two Fam. Dwel
  • Parcel Number: 2196-008-001
  • Additional Parcels: No

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2016-06-15
  • Long Term YN: 0

Multi Family

  • Net Operating Income: 32804
  • Gross Income: 36000
  • Number Of Units Total: 6
  • Total Num Buildings: 12
  • Unit Count: 0

Tax Info

  • Tax Annual Amount: 3196
  • Tax Block: 8
  • Tax Book Number: G-106
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2016
Closed on
Jul 14, 2016
Sold by
Rock It Properties Llc
Bought by
Ical 1632 Llc
Seller's Agent
James Villarroel
REALPRO INC
Buyer's Agent
James Villarroel
REALPRO INC
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Current Estimated Value
$500,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,558
Avg. Annual Appreciation
11.01%
Original Mortgage
$140,000
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 15, 2016
Closed on
May 23, 2016
Sold by
Fshg Asset Management Llc
Bought by
Rock It Properties Llc
Seller's Agent
James Villarroel
REALPRO INC
Buyer's Agent
James Villarroel
REALPRO INC
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 7, 2014
Sold by
Ritz Daniel L
Bought by
Fshg Asset Management Llc
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
Ical 1632 Llc $185,000 First International Title In
Rock It Properties Llc $135,000 First International Title In
Fshg Asset Management Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rock It Properties Llc $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2022 03/07/22 Off Market $185,000 -- --
07/18/2016 07/18/16 Sold $185,000 -7.5% $37 / Sq Ft
07/01/2016 07/01/16 Pending -- -- --
06/15/2016 06/15/16 For Sale $199,900 -- $40 / Sq Ft
Source: Stellar MLS

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 $7,997 $341,521 -- --
2024 $7,514 $310,474 -- --
2023 $7,514 $282,249 -- --
2022 $5,563 $256,590 $0 $0
2021 $5,223 $257,040 $13,090 $243,950
2020 $4,000 $229,500 $13,090 $216,410
2019 $3,559 $192,780 $6,545 $186,235
2018 $3,251 $179,010 $6,545 $172,465
2017 $3,003 $162,562 $6,545 $156,017
2016 $3,261 $174,420 $0 $0
2015 $3,196 $168,300 $0 $0
2014 $2,975 $168,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM502670

Stellar MLS

APN: 2196-008-001