NOT LISTED FOR SALE

Estimated Value: $611,452 - $1,670,000

2 Beds
2 Baths
1,350 Sq Ft
$845/Sq Ft Est. Value

Last Sold January 26, 2018

Last sale price $338,000 $250 Per Sq Ft

Est. 237% increase in value since last sale

Current estimated payment $6,335/month

111 Days on Market

About This Home

As of January 2018

Each unit 1 bed & 1 bath. Wall furnaces, carpet & vinyl floor, shower over tub & electric stove. Refrigerator in each unit.

Last Agent to Sell the Property

Sharon Shaw-Flores

Realty World-Premier Associates License #01366751 Listed on: 08/14/2017

Realty World-Premier Associates

Last Buyer's Agent

Hap Albers

Albers Real Estate Investment Company License #01006595

Property Details

Home Type

  • Multi-Family

Year Built

  • 1947

Lot Details

  • 6,525

Home Design

  • Duplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property
  • Electric Oven

Flooring

  • Carpet
  • Vinyl

Parking

  • Varies By Unit
  • Off-Street Parking

Additional Features

  • 6,525 Sq Ft Lot
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $21,000

Community Details

Overview

Building Details

  • 2 Leased Units
  • Insurance Expense $1,000
  • Utility Expense $1,200
  • Operating Expense $3,200
  • Gross Income $18,900

Property Details

Home Type

Multi-Family

Year Built

1947

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1350
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1947

Interior Features

  • Kitchen: Oven Range - Electric
  • Living Sq Ft: 1350
  • Stories: 1
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Off-Street Parking, Varies By Unit

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.1498
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6525.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6525.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 21.90
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1000
  • Expenses Total: 3200
  • Expenses Utility: 1200
  • Income Annual Gross: 18900.00
  • Income Annual Rental: 21000
  • Income Gross Scheduled: 21000
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Maintenance, Utilities - Water
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Vacancy Factor: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 22, 2021
Sold by
Whitelaw Ryan J and Whitelaw Claire E
Bought by
Whitelaw Ryan J and Whitelaw Claire E
Current Estimated Value
$1,140,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Outstanding Balance
$226,153
Interest Rate
2.8%
Estimated Equity
$914,573

Purchase Details

Closed on
Jul 24, 2018
Sold by
Whitelaw Ryan J and Whitelaw Claire E
Bought by
Whitelaw Ryan J and Whitelaw Claire E

Purchase Details

Closed on
Jul 18, 2018
Sold by
Holden Shain
Bought by
Holden Shain and The Holden Living Trust

Purchase Details

Listed on
Aug 14, 2017
Closed on
Jan 23, 2018
Sold by
Holden Kristen Lynn
Bought by
Holden Shain
Seller's Agent
Sharon Shaw-Flores
Realty World-Premier Associates
Buyer's Agent
Hap Albers
Albers Real Estate Investment Company
List Price
$460,000
Sold Price
$338,000
Premium/Discount to List
-$122,000
-26.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.47%
Original Mortgage
$25,325,000
Outstanding Balance
$21,365,832
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
-$20,225,106

Purchase Details

Listed on
Aug 14, 2017
Closed on
Jan 18, 2018
Sold by
Bauman Lisa B
Bought by
Whitelaw Ryan J and Whitelaw Claire E
Seller's Agent
Sharon Shaw-Flores
Realty World-Premier Associates
Buyer's Agent
Hap Albers
Albers Real Estate Investment Company
List Price
$460,000
Sold Price
$338,000
Premium/Discount to List
-$122,000
-26.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,325,000
Outstanding Balance
$21,365,832
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
-$20,225,106

Purchase Details

Closed on
Dec 24, 2014
Sold by
Kenedy Diana
Bought by
Kenedy Diana and Kenedy Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
3.96%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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

Purchase History

Date Buyer Sale Price Title Company
Whitelaw Ryan J -- Old Republic Title Company
Whitelaw Ryan J -- None Available
Holden Shain -- None Available
Holden Shain -- Old Republic Title Co
Whitelaw Ryan J $338,000 Old Republic Title Co
Kenedy Diana -- Chicago Title Company
Kenedy Diana -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitelaw Ryan J $248,000
Open Whitelaw Ryan J $25,325,000
Previous Owner Kenedy Diana $189,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2018 01/26/18 Sold $338,000 -26.5% $250 / Sq Ft
12/04/2017 12/04/17 Pending -- -- --
08/14/2017 08/14/17 For Sale $460,000 -- $341 / Sq Ft
Source: MLSListings

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 $4,436 $384,581 $227,563 $157,018
2024 $4,436 $377,041 $223,101 $153,940
2023 $4,287 $369,649 $218,727 $150,922
2022 $4,128 $362,402 $214,439 $147,963
2021 $3,966 $355,297 $210,235 $145,062
2020 $3,857 $351,655 $208,080 $143,575
2019 $3,829 $344,760 $204,000 $140,760
2018 $4,439 $397,800 $255,000 $142,800
2017 $984 $82,624 $33,151 $49,473
2016 $984 $81,004 $32,501 $48,503
2015 $992 $79,788 $32,013 $47,775
2014 $929 $78,226 $31,386 $46,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81673973

MLSListings

APN: 003-381-026-000