NOT LISTED FOR SALE

Estimated Value: $528,000

Studio
-- Bath
8,010 Sq Ft
$66/Sq Ft Est. Value

Last Sold May 07, 2014

Last sale price $425,000 $53 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,799/month

45 Days on Market

About This Home

As of May 2014

This building has 12 one-bedroom units. Close to Palmer College of Chiropractic. This parcel to be sold with 218 E. 9th Street together for one price. Call LA for more details.

Last Agent to Sell the Property

Thad Denhartog, SIOR

Mel Foster Co. Commercial License #B39654000/471.002649 Listed on: 01/31/2014

Last Buyer's Agent

Jesse Hammes

Cornerstone Partners QC - Real Broker, LLC License #S57235000/475216751

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,574

Year Built

  • Built in 1910

Lot Details

  • 10,815

Home Design

  • Frame Construction
  • Vinyl Siding

Additional Features

  • Wood Flooring
  • 10,815 Sq Ft Lot
  • Hot Water Heating System

Community Details

  • 12 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,574

Year Built

Built in 1910

Lot Details

10,815 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Ownership Type: LLC
  • Year Built: 1910
  • Built Before 1978 (Y/N): Yes
  • Estimated Age: Older
  • Sale Price Includes: Building,Land
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood
  • OwnerPays: Other
  • Possible Use: Multi-Family

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • Frontage Type: City Street

Utilities

  • Water Source: Municipal Water
  • Heat/Ventilation: Hot Water

Lot Info

  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10815
  • Zoning: R-6
  • Property Offered: For Sale Only

Rental Info

  • Tenant Pays: Other
  • Board Number: 30

Multi Family

  • NumberOfUnitsTotal: 12

Tax Info

  • Tax Annual Amount: 4574

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2014
Closed on
May 7, 2014
Sold by
Qc Rental Props Llc
Bought by
Mad Properties Corp
Seller's Agent
Thad Denhartog, SIOR
Mel Foster Co. Commercial
Buyer's Agent
Jesse Hammes
Cornerstone Partners QC - Real Broker, LLC
List Price
$610,000
Sold Price
$425,000
Premium/Discount to List
-$185,000
-30.33%
Current Estimated Value
$528,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,000
Original Mortgage
$755,000
Outstanding Balance
$568,888
Interest Rate
4.34%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 21, 2012
Sold by
Mcdonnell & Associates Inc
Bought by
Qc Rental Props Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
3.34%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 27, 2005
Sold by
Universal Properties Inc
Bought by
Mcdonnell & Associates Inc
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
Mad Properties Corp $425,000 None Available
Qc Rental Props Llc $212,500 None Available
Mcdonnell & Associates Inc $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mad Properties Corp $755,000
Previous Owner Qc Rental Props Llc $425,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2014 05/07/14 Sold $425,000 -30.3% $53 / Sq Ft
03/17/2014 03/17/14 Pending -- -- --
01/31/2014 01/31/14 For Sale $610,000 -- $76 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $256 $14,360 $14,360 $0
2024 $6,398 $14,360 $14,360 $0
2023 $4,570 $355,480 $17,410 $338,070
2022 $4,480 $213,980 $17,410 $196,570
2021 $4,480 $208,810 $17,410 $191,400
2020 $4,536 $208,810 $17,410 $191,400
2019 $4,294 $191,410 $17,410 $174,000
2018 $252 $191,410 $17,410 $174,000
2017 $2,088 $110,960 $17,410 $93,550
2016 $3,144 $143,549 $0 $0
2015 $3,144 $111,449 $0 $0
2014 $3,996 $111,449 $0 $0
2013 $4,248 $0 $0 $0
2012 -- $111,449 $20,700 $90,749
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: QC7031008

Midwest Real Estate Data (MRED)

APN: F0033-06

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