NOT LISTED FOR SALE

Estimated Value: $481,000 - $553,000

8 Beds
4 Baths
3,224 Sq Ft
$157/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $455,000 $141 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,315/month

44 Days on Market

Highlights

  • 0.68 Acre Lot
  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • Lincoln Avenue Academy Rated A-
  • No HOA
  • Central Heating and Cooling System

About This Home

As of November 2022

Great investment opportunity. Property offers 2 duplexes for a total of 4 units. Each unit is 2 bed/1 ba, carport. Lot is oversized 0.68 acres providing more opportunities at the corner of Kathleen Rd and Lavon St. Long term tenants. Rents do not reflect current market.

Last Agent to Sell the Property

Pamela Herbert

LA ROSA REALTY PRESTIGE License #441423 Listed on: 08/13/2022

LA ROSA REALTY PRESTIGE

Last Buyer's Agent

Pamela Herbert

LA ROSA REALTY PRESTIGE License #441423 Listed on: 08/13/2022

LA ROSA REALTY PRESTIGE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,607

Year Built

  • Built in 1956

Lot Details

  • 0.68 Acre Lot
  • Lot Dimensions are 143x214
  • Corner Lot
  • Oversized Lot

Parking

  • 1 Carport Space

Home Design

  • 3,224 Sq Ft Home
  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window
  • Septic Tank

Additional Features

  • Exterior Lighting
  • City Lot

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Kenilworth Sub Subdivision

Building Details

  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,607

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3224
  • Lot Size Acres: 0.68
  • New Construction: No
  • Year Built: 1956
  • Lot Size Sq Ft: 29765
  • Tenant Pays: Electricity
  • Directions to Property: I-4, South on Kathleen Rd, West on Lavon St.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3394910?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3394910?w=Customer
  • Unit Count: 4
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.86011
  • Price per Sq Ft: 141.13
  • Close to Original List Price Ratio: 0.81395
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ninguno
  • Foundation Details: Slab
  • Total Bedrooms: 8
  • Levels: One
  • Street Number Modifier: 1709
  • Number Of Buildings: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: None
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0303G
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Wall Units / Window Unit
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: RA-3
  • Parcel Number: 23-28-11-029500-001230
  • Additional Parcels: No
  • Lot Features: Corner Lot, City Lot, Oversized Lot
  • Lot Dimensions: 143x214
  • Flood Zone Code: X
  • Flood Zone Date: 2016-12-22
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Gross Income: 26400
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1606.54
  • Tax Block: 1
  • Tax Book Number: 9-6
  • Tax Lot: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2022
Closed on
Nov 15, 2022
Sold by
Sykes Family Irrevocable Trust
Bought by
Lata Felipe and Lata Sandra
Seller's Agent
Pamela Herbert
LA ROSA REALTY PRESTIGE
Buyer's Agent
Pamela Herbert
LA ROSA REALTY PRESTIGE
List Price
$529,000
Sold Price
$455,000
Premium/Discount to List
-$74,000
-13.99%
Views
63
Current Estimated Value
$498,125

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,125
Avg. Annual Appreciation
0.88%
Original Mortgage
$341,250
Outstanding Balance
$332,569
Interest Rate
7.08%
Mortgage Type
Balloon
Estimated Equity
$133,475

Purchase Details

Closed on
Apr 23, 2017
Sold by
Sykes Jimmie Lee and Sykes Lucious
Bought by
The Sykes Family Irrevocable Trust

Purchase Details

Closed on
Apr 1, 2017
Bought by
Sykes Lucious
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
Lata Felipe $455,000 --
The Sykes Family Irrevocable Trust -- Attorney
Sykes Lucious -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lata Felipe $341,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $455,000 -14.0% $141 / Sq Ft
09/27/2022 09/27/22 Pending -- -- --
08/16/2022 08/16/22 Price Changed $529,000 0.0% $164 / Sq Ft
08/16/2022 08/16/22 For Sale $529,000 +16.3% $164 / Sq Ft
08/13/2022 08/13/22 Off Market $455,000 -- --
08/13/2022 08/13/22 For Sale $559,000 -- $173 / Sq Ft
Source: Stellar 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
2023 $7,060 $387,288 $24,000 $363,288
2022 $1,680 $80,644 $0 $0
2021 $1,607 $73,313 $0 $0
2020 $1,271 $66,648 $20,000 $46,648
2018 $1,401 $71,237 $20,000 $51,237
2017 $1,396 $70,957 $0 $0
2016 $1,366 $68,392 $0 $0
2015 $1,344 $66,049 $0 $0
2014 $1,242 $65,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3394910

Stellar MLS

APN: 23-28-11-029500-001230