$750,000
SOLD MAR 13, 2020
7 Beds
4 Baths
3,384 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$222 Per Sq Ft

4% Above List Price

10 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Wall Furnace
  • Cooling Available
  • Garage

About This Home

As of March 2020

Great investment property collecting $5775 per month in rents. Fully occupied triplex with upside potential. One unit is 3bed/2bath and two units are 2bed/1bath. Two of the units have been updated. Each unit has one garage space and there is a common laundry room. Competitively priced with a 7.5% cap rate.

Last Agent to Sell the Property

Drew Holscher

License #01936944 Listed on: 02/11/2020

Last Buyer's Agent

COREY WEINSTEIN

Vanguard Properties License #01362059

Vanguard Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,233

Year Built

  • Built in 1961

Lot Details

  • 5,000 Sq Ft Lot

Parking

  • Garage

Home Design

  • Triplex
  • Composition Shingle Roof
  • Stucco

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 40336710

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,233

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Year Built: 1961
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Directions: Bancroft to 82nd
  • Garage Yn: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Carpet
  • Appliances: Dryer, Washer
  • Total Bedrooms: 7

Exterior Features

  • Roof: Composition Shingles
  • Lot Features: Other
  • Construction Type: Stucco

Utilities

  • Heating: Wall Furnace
  • Laundry Features: Common Area
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 5000
  • Parcel Number: 40336710

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
Mar 16, 2020
Sold by
Wortman Abe
Bought by
Aw 82Nd Ave Llc
Seller's Agent
Drew Holscher
Buyer's Agent
COREY WEINSTEIN
Vanguard Properties
List Price
$724,000
Sold Price
$750,000
Premium/Discount to List
$26,000
3.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.22%
Original Mortgage
$562,500
Outstanding Balance
$500,310
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$387,277

Purchase Details

Listed on
Feb 11, 2020
Closed on
Mar 11, 2020
Sold by
Wortman Kristen
Bought by
Wortman Abe
Seller's Agent
Drew Holscher
Buyer's Agent
COREY WEINSTEIN
Vanguard Properties
List Price
$724,000
Sold Price
$750,000
Premium/Discount to List
$26,000
3.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Outstanding Balance
$500,310
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$387,277

Purchase Details

Listed on
Feb 11, 2020
Closed on
Mar 7, 2020
Sold by
Fudge Saddiq and Fudge George
Bought by
Wortman Abe
Seller's Agent
Drew Holscher
Buyer's Agent
COREY WEINSTEIN
Vanguard Properties
List Price
$724,000
Sold Price
$750,000
Premium/Discount to List
$26,000
3.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,500
Outstanding Balance
$500,310
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$387,277

Purchase Details

Closed on
Apr 30, 2012
Sold by
Yu Zhuo Fang and Zhu Li Juan
Bought by
Fudge George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,648
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 2011
Sold by
Reeves Cecil
Bought by
Yu Zhuo Fang and Zhu Li Juan

Purchase Details

Closed on
Oct 25, 2010
Sold by
Williams Alfred and Williams Jeannette
Bought by
Reeves Cecil
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 Type Sale Price Title Company
Grant Deed -- None Available
Interfamily Deed Transfer -- Cornerstone Title Company
Grant Deed $750,000 Cornerstone Title Company
Grant Deed $290,000 Chicago Title Company
Grant Deed $255,000 Chicago Title Company
Grant Deed $175,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $562,500 New Conventional
Previous Owner $95,765 Credit Line Revolving
Previous Owner $282,648 FHA
Previous Owner $155,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2025 07/07/25 For Sale $698,950 -6.8% $207 / Sq Ft
06/16/2025 06/16/25 Off Market $750,000 -- --
04/15/2025 04/15/25 For Sale $899,000 +19.9% $266 / Sq Ft
02/04/2025 02/04/25 Off Market $750,000 -- --
03/13/2020 03/13/20 Sold $750,000 +3.6% $222 / Sq Ft
02/21/2020 02/21/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $724,000 -- $214 / Sq Ft
Source: Bay East Association of REALTORS®

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
2024 $13,233 $804,141 $241,242 $562,899
2023 $13,820 $788,377 $236,513 $551,864
2022 $13,324 $772,920 $231,876 $541,044
2021 $12,581 $757,770 $227,331 $530,439
2020 $6,738 $333,055 $99,916 $233,139
2019 $6,176 $326,527 $97,958 $228,569
2018 $6,046 $320,127 $96,038 $224,089
2017 $5,731 $313,851 $94,155 $219,696
2016 $5,501 $307,698 $92,309 $215,389
2015 $5,466 $303,078 $90,923 $212,155
2014 $5,644 $297,141 $89,142 $207,999
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 40895019

Bay East Association of REALTORS®

APN: 040-3367-010-00