NOT LISTED FOR SALE
16 Beds
8 Baths
8,954 Sq Ft
6,630 Sq Ft Lot

Last Sold July 14, 2022

Last sale price $735,000 $82 Per Sq Ft

About This Home

As of July 2022

Cash flowing 8 Family in Excellent Condition is a must see! Each unit has 2 bedrooms, 1 bath, living room and a kitchen. Newer Heating System. This property is conveniently located next to Interstate 91 and aprox. 1.2 miles from MGM Casino.

Last Agent to Sell the Property

Sohrab Khan

MIG Listed on: 03/03/2022

Last Buyer's Agent

Sohrab Khan

MIG Listed on: 03/03/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,473

Year Built

  • Built in 1908

Lot Details

  • 6,630 Sq Ft Lot

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 8,954 Sq Ft Home
  • 4-Story Property

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Listing and Financial Details

  • Total Actual Rent $3,800
  • Assessor Parcel Number S:11985 P:0029,2610733

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $600
  • Insurance Expense $3,950
  • Water Sewer Expense $5,892
  • Operating Expense $21,662
  • Net Operating Income $35,338

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,473

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1908
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 4

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 16
  • Full Bathrooms: 8
  • Total Bathrooms: 8
  • Living Area: 8954
  • Stories Total: 4
  • MAIN LO: AC1495
  • MAIN SO: AC1495

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 5892

Lot Info

  • Parcel Number: S:11985 P:0029,2610733
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6630
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8473

Multi Family

  • Electric Expense: 600
  • Insurance Expense: 3950
  • Net Operating Income: 35338
  • Number Of Units Total: 8
  • Operating Expense: 21662
  • Total Actual Rent: 3800
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N

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 Prior Sale
07/14/2022 07/14/22 Sold $735,000 +1.4% $82 / Sq Ft
05/18/2022 05/18/22 For Sale $725,000 0.0% $81 / Sq Ft
03/03/2022 03/03/22 Pending -- -- --
03/03/2022 03/03/22 For Sale $725,000 +44.4% $81 / Sq Ft
11/23/2020 11/23/20 Sold $502,000 +0.4% $56 / Sq Ft View Prior Sale
09/02/2020 09/02/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $499,900 -- $56 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $11,004 $701,800 $38,300 $663,500
2024 $11,130 $693,000 $38,300 $654,700
2023 $10,199 $598,200 $36,100 $562,100
2022 $8,819 $468,600 $33,700 $434,900
2021 $8,473 $448,300 $30,600 $417,700
2020 $5,261 $269,400 $30,600 $238,800
2019 $5,302 $269,400 $31,700 $237,700
2018 $5,009 $254,500 $31,700 $222,800
2017 $4,830 $245,700 $31,700 $214,000
2016 $4,538 $230,800 $31,700 $199,100
2015 $4,892 $248,700 $31,700 $217,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72948314

MLS Property Information Network (MLS PIN)