NOT LISTED FOR SALE
6 Beds
6 Baths
-- Sq Ft
0.3 Acre Lot

Sale Details

Date Sold: September 6, 2019

Last sale price $432,000 $0 Per Sq Ft

126 Days on Market

About This Home

As of September 2019

This 6-unit multi-family, building is comprised of six 1-bedroom units with individual doors for each unit. The Gross Scheduled Income is about $65,000 per year. Each unit is individually metered for water, forced-air heat, gas, and electricity. Adjacent parcel of land is also available for an additional price, which would bring the site acreage to 0.62 acres or as much as 2+ acres. Ask for survey. The one, vacant unit is available for easy first showings. Additional units may be shown as part of a second showing with proper notice. Agent is related to seller. Contact agent by email with questions or showing requests. (Subject to formal cancellation of previous contract.)

Last Agent to Sell the Property

Bob Parris

Manchester Realty License #471015086 Listed on: 03/04/2019

Last Buyer's Agent

Non Member

NON MEMBER

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 0.3

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Community Details

  • Fuel Expense $631
  • Insurance Expense $3,483

Listing and Financial Details

  • Tenant pays for air conditioning, electric, heat, water/sewer, cold water, hot water, varies by tenant
  • $10,000 Seller Concession

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0.3 Acres

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Potential Use: Condominium, Residential-Multi-Family
  • Utilities To Site: Sanitary Sewer to Site, Water-Municipal, Water to Site
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2018
  • Net Oper Income: 33777
  • Repairs Decor Expense: 2361
  • Scavenger Expense: 1367
  • Total Annual Exp: 31347
  • Total Annual Income: 65124
  • Total Monthly Income: 5427
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Stories: 1
  • Estimated Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1
  • Year Built: 1963

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.3
  • Frontage Access: City Street

Utilities

  • Heatventilation: Forced Air, Gas
  • Water Expense: 217

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 98
  • Janitor Expense: 3579

Lot Info

  • Lot Dimensions: 115X189X51X17X155
  • Lot Sq Ft: 13921
  • Land Amenities: Curbs and Gutters, Sidewalks
  • Parcel Identification Number: 10134130120000

Rental Info

  • Gross Rental Income: 65124
  • Tenant Pays: Air Conditioning, Electric, Heat, Water/Sewer, Cold Water, Hot Water, Varies by Tenant

Multi Family

  • Expense Year: 2018
  • Fuel Expense: 631
  • Insurance Expense: 3483
  • Other Expenses: 75

Tax Info

  • Taxes: 19536

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Outstanding Balance
$310,357
Interest Rate
3.1%
Mortgage Type
Assumption

Purchase Details

Listed on
Mar 4, 2019
Closed on
Sep 6, 2019
Sold by
Bought by
Seller's Agent
Bob Parris
Manchester Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$479,900
Sold Price
$432,000
Premium/Discount to List
-$47,900
-9.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.7%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 8, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Chicago Title
$432,000 Chicago Title
-- --
$250,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $350,000
Previous Owner $350,000
Previous Owner $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/06/2019 09/06/19 Sold $432,000 -10.0% --
07/08/2019 07/08/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $479,900 0.0% --
04/11/2019 04/11/19 Pending -- -- --
03/26/2019 03/26/19 Price Changed $479,900 -6.8% --
03/04/2019 03/04/19 For Sale $515,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,495 $75,852 $20,734 $55,118
2024 $15,495 $64,000 $10,000 $54,000
2023 $14,868 $64,000 $10,000 $54,000
2022 $14,868 $64,000 $10,000 $54,000
2021 $15,807 $63,588 $13,711 $49,877
2020 $9,426 $43,200 $13,711 $29,489
2019 $9,795 $43,200 $13,711 $29,489
2018 $19,535 $71,304 $11,370 $59,934
2017 $18,932 $73,278 $11,370 $61,908
2016 $17,371 $73,278 $11,370 $61,908
2015 $17,019 $63,471 $9,363 $54,108
2014 $16,857 $63,471 $9,363 $54,108
2013 $16,469 $63,471 $9,363 $54,108
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10295914

Midwest Real Estate Data (MRED)
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