NOT LISTED FOR SALE
36 Beds
24 Baths
10,980 Sq Ft
0.25 Acres

Last Sold August 28, 2023

Last sale price $572,500 $52 Per Sq Ft

19 Days on Market

Highlights

  • 0.25 Acre Lot
  • Central Heating
  • 4-minute walk to Woodhull Park

About This Home

As of August 2023

Motivated seller bring your highest and best offer. All offer must be accompany with proof of funds or pre-approval along with $5500 Earnest Money, Brokerage do not hold Earnest Money must be made payable to seller's attorney. The roof is about 15yrs old flat roof. All windows have been replace without the last 8 yrs. Three of the apartment has been remodeled. This building has great potential. This is an AS IS SALE WHERE IT IS

Last Agent to Sell the Property

Robert Davis

B & D Enterprise License #471000929 Listed on: 07/03/2023

Last Buyer's Agent

Ricky Robinson

R Legacy Real Estate Services License #471022274

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,244

Year Built

  • Built in 1924

Lot Details

  • 0.25

Bedrooms and Bathrooms

  • 36 Bedrooms
  • 24 Bathrooms

Additional Features

  • 3-Story Property
  • 0.25 Acre Lot
  • Central Heating

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $385
  • Fuel Expense $2,478
  • Insurance Expense $13,200
  • Maintenance Expense $1,000
  • Trash Expense $8,520
  • Water Sewer Expense $3,000
  • Operating Expense $34,827
  • Gross Income $2,410
  • Net Operating Income $5,907

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,244

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1924
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 24
  • Total Bedrooms: 36
  • Room: 0

Utilities

  • Heat/Ventilation: Central Bldg Heat

Condo/Co-op/Association

  • Unincorporated (Y/N): No

Fee Information

  • Trash Expense: 8520
  • Water Sewer Expenses: 3000

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.25
  • Lot Dimensions: 10980
  • Lot Size Sq Ft: 10980
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 5907
  • Fuel Expense: 2478
  • Insurance Expense: 13200
  • ElectricExpense: 385
  • GrossIncome: 2410
  • Maintenance Expense: 1000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 34827
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 5244.22
  • Tax Year: 2021

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2023 08/28/23 Sold $572,500 -4.4% $52 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/04/2023 07/04/23 For Sale $599,000 -- $55 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $5,522 $49,500 $5,239 $44,261
2024 $5,522 $49,500 $5,239 $44,261
2023 $5,364 $26,080 $8,731 $17,349
2022 $5,364 $26,080 $8,731 $17,349
2021 $5,244 $26,079 $8,731 $17,348
2020 $3,821 $17,153 $6,286 $10,867
2019 $3,916 $19,493 $6,286 $13,207
2018 $3,851 $19,493 $6,286 $13,207
2017 $7,176 $33,334 $5,588 $27,746
2016 $6,676 $33,334 $5,588 $27,746
2015 $6,108 $33,334 $5,588 $27,746
2014 $5,888 $31,735 $4,889 $26,846
2013 $5,772 $31,735 $4,889 $26,846
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11822674

Midwest Real Estate Data (MRED)

APN: 20251260030000