NOT LISTED FOR SALE

Estimated Value: $409,631 - $475,000

4 Beds
2 Baths
1,858 Sq Ft
$234/Sq Ft Est. Value

Last Sold May 17, 2012

Last sale price $114,310 $62 Per Sq Ft

Est. 281% increase in value since last sale

Current estimated payment $2,592/month

144 Days on Market

Highlights

  • Seasonal View
  • Attached Garage
  • Level Lot
  • Fireplace
  • Heating unit installed on the ceiling
  • 1-Story Property

About This Home

As of May 2012

Great opportunity to buy a duplex, do some cosmetic repairs and have a positive cash flow for a long time! Potential for increased rental amounts. Fireplace with heatolater fans in both units. Each unit has a 1 car garage and washer dryer hook-ups.

Last Agent to Sell the Property

John Coots

Nelson & Coots Real Estate Services License #200512095 Listed on: 11/07/2011

Last Buyer's Agent

Sharon Aly

Better Homes and Gardens Real Estate Equinox License #970800112

Better Homes and Gardens Real Estate Equinox

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,505

Year Built

  • Built in 1972

Lot Details

  • Level Lot

Parking

  • Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof
  • Plywood Siding Panel T1-11

Interior Spaces

  • 1,858 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Seasonal Views

Schools

  • Moffitt Elementary School
  • Hamlin Middle School
  • Springfield High School

Utilities

  • No Cooling
  • Heating unit installed on the ceiling
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0224129

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $2,505
  • Gross Income $15,300
  • Net Operating Income $12,796

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,505

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1972
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Current Price For Status: 114310.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: Level
  • Disclosures: Disclosure
  • Roof: Composition
  • View: Seasonal

Garage/Parking

  • Parking Description: Attached
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Ceiling
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: MOFFITT
  • High School: Springfield
  • Middle Or Junior School: Hamlin

Lot Info

  • Zoning: D LD
  • Parcel #: 0224129

Green Features

  • Green Certification: No

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 2504.82

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 8.5
  • Annual Gross Income: 15300.0
  • Property Net Operating Income: 12796.0
  • Annual Operating Expense: 2505.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2011
Closed on
May 16, 2012
Sold by
Olmstead Kenneth G
Bought by
Bowman Steven and Bowman Kristie
Seller's Agent
John Coots
Nelson & Coots Real Estate Services
Buyer's Agent
Sharon Aly
Better Homes and Gardens Real Estate Equinox
List Price
$130,000
Sold Price
$114,310
Premium/Discount to List
-$15,690
-12.07%
Current Estimated Value
$435,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,098
Avg. Annual Appreciation
10.25%

Purchase Details

Closed on
Jan 6, 2003
Sold by
Foulks Wayne J and Foulks Delores J
Bought by
Olmstead Kenneth G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,500
Interest Rate
6.06%
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
Bowman Steven $114,310 Cascade Title Company
Olmstead Kenneth G $130,000 Western Pioneer Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olmstead Kenneth G $137,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2012 05/17/12 Sold $114,310 -12.1% $62 / Sq Ft
03/27/2012 03/27/12 Pending -- -- --
11/04/2011 11/04/11 For Sale $130,000 -- $70 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $3,925 $214,064 -- --
2024 $3,862 $207,830 -- --
2023 $3,862 $201,777 $0 $0
2022 $3,577 $195,900 $0 $0
2021 $3,513 $190,195 $0 $0
2020 $3,410 $184,656 $0 $0
2019 $3,307 $179,278 $0 $0
2018 $3,118 $168,987 $0 $0
2017 $2,998 $168,987 $0 $0
2016 $2,935 $164,065 $0 $0
2015 $2,841 $159,286 $0 $0
2014 $2,599 $148,968 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 11042391

Regional Multiple Listing Service (RMLS)

APN: 0224129