NOT LISTED FOR SALE

Estimated Value: $284,407 - $427,000

14 Beds
8 Baths
-- Sq Ft
0.44 Acres

Last Sold May 18, 2020

Last sale price $295,000

Est. 15% increase in value since last sale

Current estimated payment $2,163/month

13 Days on Market

About This Home

As of May 2020

Two 4-unit buildings, each with (3) 2-Bed, 1-bath; and (1) 1-bed, 1 bath.

Last Agent to Sell the Property

Laura Pritts

AXIS 360 LLC* License #471021573 Listed on: 02/21/2020

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,178

Year Built

  • Built in 1970

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 172 x 111.5
  • Additional Parcels

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 8 Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 8 Units

Building Details

  • Electric Expense $1,456
  • Fuel Expense $3,560
  • Insurance Expense $2,028
  • Maintenance Expense $3,051
  • Manager Expense $3,303
  • Other Expense $10,000
  • Trash Expense $845
  • Water Sewer Expense $4,764
  • Operating Expense $29,967
  • Gross Income $57,660
  • Net Operating Income $27,968

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,178

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1970
  • Built Before 1978 (Y/N): Yes
  • Information: Show-Special Instructions,48-Hr Notice Required,No Sign on Property
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 8
  • Total Bedrooms: 14
  • Fireplaces: 2
  • Refrigerators: 8
  • Ranges: 8
  • Number of Washers: 2
  • Room: 0

Garage/Parking

  • Indoor Parking: 6-12 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Heat/Ventilation: Gas
  • Leased Washer Dryer YN: Yes

Condo/Co-op/Association

  • Manager Expense: 3303
  • Conversion YN: N

Fee Information

  • Trash Expense: 845
  • Water Sewer Expenses: 4764

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.44
  • Lot Dimensions: 172 X 111.5
  • Lot Size Sq Ft: 19178
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 23

Multi Family

  • Net Operating Income: 27968
  • Fuel Expense: 3560
  • Insurance Expense: 2028
  • ElectricExpense: 1456
  • GrossIncome: 57660
  • Maintenance Expense: 3051
  • NumberOfUnitsTotal: 8
  • OperatingExpense: 29967
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 8178.48
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
May 18, 2020
Sold by
Knetsch Stanley B
Bought by
Cwks Properties Llc
Seller's Agent
Laura Pritts
AXIS 360 LLC*
Buyer's Agent
Non Member
NON MEMBER
List Price
$312,000
Sold Price
$295,000
Premium/Discount to List
-$17,000
-5.45%
Current Estimated Value
$340,469

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,469
Avg. Annual Appreciation
2.57%
Original Mortgage
$236,000
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Cwks Properties Llc $295,000 Ftc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cwks Properties Llc $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2020 05/18/20 Sold $295,000 -5.4% --
03/05/2020 03/05/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $312,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $4,620 $70,413 $16,823 $53,590
2022 $4,620 $51,434 $13,609 $37,825
2021 $4,463 $48,527 $12,840 $35,687
2020 $4,438 $48,023 $12,707 $35,316
2019 $4,288 $47,765 $12,639 $35,126
2018 $4,240 $47,259 $12,505 $34,754
2017 $4,089 $47,259 $12,505 $34,754
2016 $4,045 $47,259 $12,505 $34,754
2015 $3,935 $46,151 $12,212 $33,939
2014 $3,886 $46,151 $12,212 $33,939
2013 -- $46,151 $12,212 $33,939
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10644391

Midwest Real Estate Data (MRED)

APN: 14-27-356-002