NOT LISTED FOR SALE

Estimated Value: $53,000 - $200,000

4 Beds
4 Baths
2,160 Sq Ft
$58/Sq Ft Est. Value

Last Sold August 22, 2018

Last sale price $95,000 $44 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,004/month

67 Days on Market

About This Home

As of August 2018

Exceptional multifamily investment opportunity to receive guaranteed income immediately. Tenants cover all utilities. Owner's only current expenses are taxes and insurance. Property has excellent tenants with rent paid every month on the 1st via direct deposit. This duplex interior was totally updated in early 2018. Low maintenance vinyl siding exterior. New plumbing fixtures featured in both units. New refrigerators on each side. One side features a new range. Both units freshly painted. Both units feature brand new laminate flooring throughout living areas, bedrooms, and kitchen. Each unit features private backyard with privacy fence. Don't miss out on a great opportunity to expand your investment portfolio.

Last Agent to Sell the Property

Dylan Lyons

Re/max Partners Listed on: 05/15/2018

Last Buyer's Agent

Dylan Lyons

Re/max Partners Listed on: 05/15/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1998

Home Design

  • Duplex
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

  • Craig-Houghton Elementary School
  • Hornsby Ws Middle School
  • Lucy Laney High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 059-3-035-14-0

Community Details

Overview

  • 2 Units
  • None 1Ri Subdivision

Building Details

  • Gross Income $14,040
  • Net Operating Income $12,035

Property Details

Home Type

Multi-Family

Year Built

Built in 1998

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1998
  • Property Sub Type: Duplex
  • Original List Price: 114900.00
  • Is New Construction?: No
  • List Price Per Sqft: 53.19
  • Special Features: None

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Bathrooms Total Source: MLS
  • Bathrooms Total Notational: 4.00

Garage/Parking

  • Parking Features: Other, See Remarks
  • Total Parking Spaces: 2.00

Utilities

  • Water Source: Public
  • Cooling: Central Air, None
  • Heating: Heat Pump, Other, See Remarks
  • Sewer Provider: Public Sewer

Condo/Co-op/Association

  • Community Features: See Remarks, Other

Schools

  • Elementary School: Craig-Houghton
  • High School: Lucy Laney
  • Middle Or Junior School: Hornsby WS

Lot Info

  • Lot Size: .14
  • Purchase Contract Date: 2018-07-21
  • Parcel#: 059-3-035-14-0
  • Deed Book And Page: 1609 1295
  • Plat Book And Page: 589 47
  • Quadrant: 1RI

Rental Info

  • Tenant Pays: All Utilities
  • Owner Pays: None
  • Appraiser: n/a

Tax Info

  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2018
Closed on
Aug 22, 2018
Sold by
Lyons Michael Dylan
Bought by
Equipo Equipo Llc
Seller's Agent
Dylan Lyons
Re/max Partners
Buyer's Agent
Dylan Lyons
Re/max Partners
List Price
$114,900
Sold Price
$95,000
Premium/Discount to List
-$19,900
-17.32%
Current Estimated Value
$142,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,923
Avg. Annual Appreciation
3.63%
Original Mortgage
$158,824
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 7, 2017
Sold by
Wilmington Savings Fund So
Bought by
Lyons Michael Dylan

Purchase Details

Closed on
Jan 3, 2017
Sold by
Glover Warren
Bought by
Wilmington Savings Fund Societ

Purchase Details

Closed on
Mar 5, 2004
Sold by
Johnson William H and Johnson Helen
Bought by
Glover Warren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,263
Interest Rate
5.68%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 1998
Sold by
Metro Properties Inc
Bought by
Metro Properties Inc

Purchase Details

Closed on
Mar 3, 1998
Sold by
Metro Properties In
Bought by
.Southern J Construc

Purchase Details

Closed on
Jan 2, 1996
Sold by
Erin Development Inc
Bought by
Metro Properties Inc
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
Equipo Equipo Llc $95,000 --
Equipo Equipo Llc $95,000 --
Lyons Michael Dylan $40,000 --
Lyons Michael Dylan $40,000 --
Wilmington Savings Fund Societ $78,000 --
Wilmington Savings Fund Societ $78,000 --
Glover Warren $105,900 --
Glover Warren $105,900 --
Metro Properties Inc -- --
Metro Properties Inc -- --
.Southern J Construc $9,800 --
.Southern J Construc $9,800 --
Metro Properties Inc -- --
Metro Properties Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Equipo Equipo Llc $158,824
Previous Owner Glover Warren $104,263
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2018 08/22/18 Sold $95,000 -17.3% $44 / Sq Ft
07/21/2018 07/21/18 Pending -- -- --
05/15/2018 05/15/18 For Sale $114,900 -- $53 / Sq Ft
Source: Hive 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 $3,210 $72,096 $880 $71,216
2024 $3,210 $34,416 $880 $33,536
2023 $1,972 $34,416 $880 $33,536
2022 $1,930 $34,416 $880 $33,536
2021 $1,925 $38,837 $880 $37,957
2020 $2,176 $44,225 $2,051 $42,174
2019 $2,187 $44,225 $2,051 $42,174
2018 $1,193 $44,225 $2,051 $42,174
2017 $1,242 $47,941 $2,051 $45,890
2016 $1,242 $47,941 $2,051 $45,890
2015 $1,287 $47,941 $2,051 $45,890
2014 $1,242 $47,941 $2,051 $45,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 427097

Hive MLS

APN: 0593035140

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