NOT LISTED FOR SALE

Estimated Value: $175,000 - $246,840

5 Beds
3 Baths
2,318 Sq Ft
$94/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $187,000 $81 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,345/month

48 Days on Market

Highlights

  • Wood Flooring
  • Breakfast Area or Nook
  • Ceiling Fan
  • No HOA
  • Family or Dining Combination
  • Space Heater

About This Home

As of June 2021

Opportunities abound here!!! Purchase this triplex and begin earning an immediate $1,870 per month rental income (Units each at $425, $625, and $820 per month to make the monthly total). Property is professionally managed and management company would be pleased to retain management agreement with its new owner! Of these 18 properties collectively - only 2 are vacant as they are having renovations completed now and will be being marketed for rent providing additional income in the weeks ahead! The 18 addresses are: 1624 Crouson St @ $795/mo, 2504 Elsmeade Dr @ $700/mo, 1125 Glenwood Dr @ $795/mo, 968 Karen Rd @ $875/mo, 605 Joryne Dr @ $850/mo, 3031 LaRhoda St @ $695/mo, 1611 Lyndle Rd @ $650/mo, 3723 Narrow Lane Rd @ $700/mo, 320 N Capitol Pkwy - currently being renovated but could bring in $700/mo, 160 E Salem Dr - vacant but could bring in $675/mo, 601 S Panama St @ $650/mo, 321 Olivia Ct @ $500/mo, 319 Olivia Ct @ $400/mo, 2123 Winona Ave @ $820/mo, 2121 Winona Ave @ $400/mo, 2119 Winona Ave @ $625/mo, 1750 Yarbrough St @ $700/mo, and 1746 Yarbrough St @ $650/mo. Collectively the sales price on all 18 would be $1,220,500 but the seller would be interested in selling less than all if the buyer prefers to do so. Welcoming offers on any or all!

Last Agent to Sell the Property

Michael Stroup

Harris And Atkins Real Estate License #0113442 Listed on: 04/30/2021

Last Buyer's Agent

Bridget Jones

Century 21 Brandt Wright License #0093596

Century 21 Brandt Wright

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,013

Year Built

  • Built in 1930

Lot Details

  • 7,667

Home Design

  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Family or Dining Combination

Kitchen

  • Breakfast Area or Nook
  • Gas Range

Flooring

  • Wood
  • Wall to Wall Carpet

Utilities

  • Window Unit Cooling System
  • Space Heater
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Tenant pays for electric, gas, water
  • The owner pays for taxes, water
  • Assessor Parcel Number 10-03-08-1-027-015.000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,013

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Design: 1 1/2 Story
  • Year Built: 1930
  • New Construction: No
  • Unit Type: See Remarks
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Area Feature: Breakfast Room/Nook, Great Room/Dining Combo
  • Flooring: Carpet - Wall to Wall, Wood
  • Kitchen Feature: Range Gas, Refrigerator

Exterior Features

  • Construction: Brick, Stucco
  • Foundation: Conventional

Utilities

  • Cooling: Ceiling Paddle Fan(s), Window Units
  • Heating: Space Heater
  • Sewer: Public Sewer
  • Utilities: Cable TV Access Available, Natural Gas
  • Water: Public
  • Water Authority: Montgomery Water Works
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Parcel Number: 10-03-08-1-027-015.000

Rental Info

  • Owner Pay: Taxes, Water
  • Tenant Pay: Electric, Gas, Water
  • Term Lease: Monthly
  • Term Possible: Cash

Multi Family

  • Total Units: 3
  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jun 10, 2021
Sold by
Singer Ryan S
Bought by
Wondy Tanesia L
Seller's Agent
Michael Stroup
Harris And Atkins Real Estate
Buyer's Agent
Bridget Jones
Century 21 Brandt Wright
List Price
$187,000
Sold Price
$187,000
Current Estimated Value
$217,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,710
Avg. Annual Appreciation
3.66%
Original Mortgage
$140,250
Outstanding Balance
$127,531
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$90,179

Purchase Details

Closed on
Jan 25, 2021
Sold by
Wcm Properties Llc
Bought by
Singer Ryan S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
2.67%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2019
Sold by
Shady Grove Properties Llc
Bought by
Wcm Properties Llc

Purchase Details

Listed on
Aug 8, 2016
Closed on
Sep 28, 2016
Sold by
Teate William F and Teate Mae C
Bought by
Shady Grove Properties Llc
Seller's Agent
Garry Wimberly
Capital Rlty Grp River Region
Buyer's Agent
Lisa Knapp
Intervest Realty Group
List Price
$75,000
Sold Price
$70,500
Premium/Discount to List
-$4,500
-6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.43%
Original Mortgage
$96,000
Interest Rate
3.42%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wondy Tanesia L $187,000 None Available
Singer Ryan S $142,000 None Available
Wcm Properties Llc $100,000 None Available
Shady Grove Properties Llc $70,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wondy Tanesia L $140,250
Previous Owner Singer Ryan S $142,000
Previous Owner Shandy Grove Proopetise Llc $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Sold $187,000 0.0% $81 / Sq Ft
04/30/2021 04/30/21 For Sale $187,000 +165.2% $81 / Sq Ft
09/28/2016 09/28/16 Sold $70,500 -6.0% $30 / Sq Ft
09/19/2016 09/19/16 Pending -- -- --
08/08/2016 08/08/16 For Sale $75,000 -- $32 / Sq Ft
Source: Montgomery Area 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 $2,013 $41,220 $3,000 $38,220
2023 $2,013 $39,200 $3,000 $36,200
2022 $1,333 $36,520 $3,000 $33,520
2021 $1,109 $30,380 $2,400 $27,980
2020 $1,023 $28,020 $2,400 $25,620
2019 $1,001 $27,420 $2,400 $25,020
2018 $896 $24,540 $0 $0
2017 $683 $18,700 $2,400 $16,300
2014 $729 $19,960 $2,400 $17,560
2013 -- $19,760 $2,400 $17,360
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Montgomery Area Association of REALTORS®

MLS Number: 493838

Montgomery Area Association of REALTORS®

APN: 10-03-08-1-027-015.000