NOT LISTED FOR SALE
8 Beds
4 Baths
3,432 Sq Ft
0.31 Acre Lot

Sale Details

Date Sold: July 9, 2020

Last sale price $399,997 $117 Per Sq Ft

4 Days on Market

About This Home

As of July 2020

Amazing investment opportunity! This 4 Plex consists of four 2 bedroom, 1 bathroom units. All units are currently occupied with rents of $995, $850, $995, and $1,100. The entire building has up-to-date maintenance and even some cosmetic upgrades. Updated kitchens, bathrooms, flooring, newer roof, newer air conditioners, and the parking lot was recently repaired and sealed. Landlord pays water. Tenants pay electricity; there are 4 separate meters. Professionally leased and managed for a smooth transition and passive income. For a virtual 3D tour and floor plan of one of the four units, please visit https://my.matterport.com/show/?m=TutZy3gfag3&mls=1

Last Agent to Sell the Property

Gabriel Reed

BRIGHT REALTY License #0676896 Listed on: 05/28/2020

BRIGHT REALTY

Last Buyer's Agent

Adam Neumeyer

M&M PROPERTY MANAGEMENT GROUP License #3305901

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,742

Year Built

  • Built in 1972

Lot Details

  • 0.31

Home Design

  • 3,432 Sq Ft Home
  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Additional Features

  • 13,721 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Tropical Park Community
  • Tropical Park Subdivision

Building Details

  • Gross Income $47,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,742

Year Built

Built in 1972

Lot Details

0.31 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3432
  • Lot Size Acres: 0.32
  • New Construction: No
  • Year Built: 1972
  • Lot Size Sq Ft: 13721
  • Tenant Pays: Electricity
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4468137?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4468137?w=Customer
  • Unit Count: 4
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 116.55
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Foundation Details: Slab
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: RMF9
  • Parcel Number: 4760810053
  • Additional Parcels: No
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Total Actual Rent: 3940

Multi Family

  • Gross Income: 47280
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4741.52
  • Tax Block: A
  • Tax Book Number: 4-122
  • Tax Lot: 22

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 28, 2020
Closed on
Jul 6, 2020
Sold by
Bought by
Seller's Agent
Gabriel Reed
BRIGHT REALTY
Buyer's Agent
Adam Neumeyer
M&M PROPERTY MANAGEMENT GROUP
List Price
$399,997
Sold Price
$399,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,997
Outstanding Balance
$242,676
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 21, 2018
Closed on
Jul 31, 2018
Sold by
Bought by
Seller's Agent
Molly Brookes
COLDWELL BANKER RESIDENTIAL CC
Buyer's Agent
Gabriel Reed
BRIGHT REALTY
List Price
$245,000
Sold Price
$245,100
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.89%
Original Mortgage
$183,825
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2012
Sold by
Bought by

Purchase Details

Closed on
Jun 24, 1997
Sold by
Bought by
Source: Public Records

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
$399,997 Attorney
$245,100 Attorney
-- Attorney
$123,500 --
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 $279,997
Previous Owner $183,825
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 Prior Sale
07/09/2020 07/09/20 Sold $399,997 0.0% $117 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $399,997 +63.2% $117 / Sq Ft
08/06/2018 08/06/18 Sold $245,100 0.0% $71 / Sq Ft View Prior Sale
06/22/2018 06/22/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $245,000 -- $71 / Sq Ft
Source: Stellar MLS

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 $8,263 $412,030 $71,400 $340,630
2025 $7,985 $497,188 $71,400 $425,788
2023 $7,727 $514,687 $71,400 $443,287
2022 $6,917 $439,018 $70,000 $369,018
2021 $5,877 $342,226 $40,000 $302,226
2020 $5,215 $290,932 $40,000 $250,932
2019 $4,742 $253,943 $20,000 $233,943
2018 $3,424 $237,345 $20,000 $217,345
2017 $2,802 $187,600 $0 $0
2016 $2,425 $140,000 $0 $0
2015 $1,952 $86,800 $0 $0
2014 $1,952 $85,397 $0 $0
2013 $2,490 $119,040 $15,400 $103,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4468137

Stellar MLS

APN: 47608.1005-3

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