NOT LISTED FOR SALE
4 Beds
4 Baths
2,400 Sq Ft
4,744 Sq Ft Lot

Sale Details

Date Sold: June 25, 2018

Last sale price $1,340,000 $558 Per Sq Ft

7 Days on Market

Highlights

  • Traditional Architecture
  • Double Pane Windows
  • Coin Laundry
  • Kathryn Hughes Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • 3-minute walk to Agnew Park

About This Home

As of June 2018

Excellent investment opportunity! Longtime owner is finally ready to part with this fourplex. Unit #1 in the front is a 2 bed/1 bath. Units #2 and #3 are both 1 bed/1 bath. Unit #4 is a studio. Two meters for entire property, seller currently pays utilities. Forced air heat, AC and dual pane windows in all units. The back of the property has an enclosed patio with some storage and leased/coin operated laundry. Rents were raised in Jan. 2018, all tenants month to month. Long time tenants in each unit, please do not disturb them but do call listing agent with questions.

Last Agent to Sell the Property

Mark Richardson

MGM Real Estate License #01372356 Listed on: 05/18/2018

Last Buyer's Agent

Jim Minkey

Golden Gate Sotheby's International Realty License #01073312

Golden Gate Sotheby's International Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1947

Lot Details

  • 4,744 Sq Ft Lot
  • Grass Covered Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Kitchen

  • Gas Oven
  • Laminate Countertops
  • Formica Countertops

Flooring

  • Carpet
  • Laminate

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Uncovered Parking

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat

Listing and Financial Details

  • Total Actual Rent $48,000

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $2,616
  • Insurance Expense $1,851
  • Maintenance Expense $2,000
  • Other Expense $2,616
  • Utility Expense $6,787
  • Operating Expense $14,109
  • Gross Income $47,724

Property Details

Home Type

Multi-Family

Year Built

1947

Lot Details

4,744 Sq Ft Lot

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Style: Traditional
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2400
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1947

Interior Features

  • Kitchen: Countertop - Formica, Countertop - Laminate, Exhaust Fan, Hookups - Gas, Oven Range - Gas, Refrigerator, Varies By Unit
  • Living Sq Ft: 2400
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Laminate

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Low Maintenance

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: On Street, Uncovered Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • High School: 408

Lot Info

  • Lot Acres: 0.1089
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4745.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4745.00

Green Features

  • Energy Features: Double Pane Windows, Thermostat Controller

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 28.05
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1851
  • Expense Landscape: 2616
  • Expense Maintenance: 2000
  • Expenses Other: 2616
  • Expenses Total: 14109
  • Expenses Utility: 6787
  • Income Annual Gross: 47724.00
  • Income Annual Rental: 48000
  • Income Gross Scheduled: 49200
  • Income Includes: Laundry
  • Income Other: 1200
  • Meters: Separate Other
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Rent Only
  • Vacancy Factor: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2018
Closed on
May 21, 2018
Sold by
Conzet Val L and Conzet Sandra M
Bought by
Seller's Agent
Mark Richardson
MGM Real Estate
Buyer's Agent
Jim Minkey
Golden Gate Sotheby's International Realty
List Price
$1,380,000
Sold Price
$1,340,000
Premium/Discount to List
-$40,000
-2.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$790,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2017
Sold by
Conzet Val L and Conzet Sandra M
Bought by
Conzet Val L and Conzet Sandra M

Purchase Details

Closed on
Jan 18, 2012
Sold by
Conzet Vai L and Conzet Sandra M
Bought by
Conzet Van L and Conzet Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2012
Sold by
Conzet Val L and Conzet Sandra M
Bought by
Conzet Val L and Conzet Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2010
Sold by
Conzet Val L and Conzet Sandra M
Bought by
Conzet Val L and Conzet Sandra M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,500
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2002
Sold by
Conzet Val Lee and Conzet Sandra Marjorie
Bought by
Conzet Val L and Conzet Sandra M

Purchase Details

Closed on
Jul 2, 1998
Sold by
Conzet Sandra M
Bought by
Conzet Val Lee and Conzet Sandra Marjorie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,400
Interest Rate
7.03%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 1, 1994
Sold by
Conzet Sandra M
Bought by
Conzet Sandra M and Sandra M Conzet Trust
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,340,000 Old Republic Title
Conzet Val L -- None Available
Conzet Van L -- Chicago Title Company
Conzet Val L -- Chicago Title Company
Conzet Val L -- Old Republic Title Company
Conzet Val L -- Old Republic Title Company
Conzet Val L -- --
Conzet Val Lee -- First American Title Co
Conzet Sandra M -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $771,000
Closed Okamoto Douglas S $790,000
Previous Owner Conzet Val L $560,000
Previous Owner Conzet Val L $346,000
Previous Owner Conzet Val L $346,000
Previous Owner Conzet Val L $351,500
Previous Owner Conzet Val L $386,000
Previous Owner Conzet Val Lee $390,000
Previous Owner Conzet Val Lee $487,500
Previous Owner Conzet Val Lee $232,400
Previous Owner Conzet Sandra M $214,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/25/2018 06/25/18 Sold $1,340,000 -2.9% $558 / Sq Ft
05/26/2018 05/26/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $1,380,000 -- $575 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $18,199 $1,555,179 $1,160,583 $394,596
2025 $17,524 $1,524,686 $1,137,827 $386,859
2024 $17,524 $1,494,791 $1,115,517 $379,274
2023 $17,349 $1,465,483 $1,093,645 $371,838
2022 $17,055 $1,436,749 $1,072,201 $364,548
2021 $16,990 $1,408,578 $1,051,178 $357,400
2020 $16,682 $1,394,136 $1,040,400 $353,736
2019 $16,660 $1,366,800 $1,020,000 $346,800
2018 $836 $58,633 $13,378 $45,255
2017 $830 $57,484 $13,116 $44,368
2016 $881 $56,358 $12,859 $43,499
2015 $877 $55,512 $12,666 $42,846
2014 $821 $54,425 $12,418 $42,007
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81706326

MLSListings

APN: 104-12-150

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