NOT LISTED FOR SALE

Estimated Value: $809,628

22 Beds
11 Baths
-- Sq Ft
0.56 Acres

Last Sold July 09, 2015

Last sale price $415,000

Est. 95% increase in value since last sale

Current estimated payment $5,281/month

294 Days on Market

About This Home

As of July 2015

All units rented. Nice building. Located a short walk from Martin Park. Tenants pay electric only. All 11 units are 2 bedrooms. Large clean laundry room with coin laundry. Boiler heat paid by owner

Last Agent to Sell the Property

Rion Tovar-South

Weichert Realtors - Tovar Prop License #471003126 Listed on: 08/13/2014

Weichert Realtors - Tovar Prop

Last Buyer's Agent

Rion Tovar-South

Weichert Realtors - Tovar Prop License #471003126 Listed on: 08/13/2014

Weichert Realtors - Tovar Prop

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,059

Year Built

  • Built in 1967

Lot Details

  • 0.56

Bedrooms and Bathrooms

  • 22 Bedrooms
  • 11 Bathrooms

Utilities

  • Hot Water Heating System
  • Heating System Uses Steam

Additional Features

  • 2-Story Property
  • Lot Dimensions are 82x82x305x305

Community Details

  • 11 Units
  • Gross Income $72,600

Listing and Financial Details

  • Tenant pays for electricity

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,059

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 2
  • Year Built: 1967
  • Built Before 1978 (Y/N): Yes
  • Information: No Sign on Property
  • Estimated Age: 36-50 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 11
  • Total Bedrooms: 22
  • Fireplaces: 3
  • Refrigerators: 11
  • Ranges: 11
  • Number of Windows: 11
  • Number of Washers: 3
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 437900

Utilities

  • Heat/Ventilation: Hot Water,Steam

Fee Information

  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 82X82X305X305
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Multi Family

  • GrossIncome: 72600
  • NumberOfUnitsTotal: 11
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 9058.64
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 17, 2025
Sold by
Ll 229 River Lane Llc
Bought by
Lakeland Apartments Ma Llc
Current Estimated Value
$809,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,048,000
Outstanding Balance
$2,650,979
Interest Rate
6.05%
Mortgage Type
New Conventional
Estimated Equity
-$1,841,351

Purchase Details

Closed on
Apr 11, 2022
Sold by
Mopo Llc Leasing 4 Series
Bought by
Ll 229 River Lane Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 13, 2014
Closed on
Jul 9, 2015
Sold by
Green Properties Llc
Bought by
Mopo Llc Leaseing 4 Series
Seller's Agent
Rion Tovar-South
Weichert Realtors - Tovar Prop
Buyer's Agent
Rion Tovar-South
Weichert Realtors - Tovar Prop
List Price
$495,000
Sold Price
$415,000
Premium/Discount to List
-$80,000
-16.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.70%
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
Lakeland Apartments Ma Llc $762,000 None Listed On Document
Ll 229 River Lane Llc $580,000 Schlueter Ecklund & Davitt/Jh
Mopo Llc Leaseing 4 Series -- Title Underwriters Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lakeland Apartments Ma Llc $3,048,000
Previous Owner Ll 229 River Lane Llc $464,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2015 07/09/15 Sold $415,000 -16.2% --
06/03/2015 06/03/15 Pending -- -- --
08/13/2014 08/13/14 For Sale $495,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $12,524 $150,355 $21,321 $129,034
2023 $11,972 $132,577 $18,800 $113,777
2022 $11,645 $118,500 $16,804 $101,696
2021 $9,520 $94,425 $15,408 $79,017
2020 $8,760 $89,265 $14,566 $74,699
2019 $8,990 $85,079 $13,883 $71,196
2018 $9,280 $80,180 $13,084 $67,096
2017 $9,150 $76,735 $12,522 $64,213
2016 $9,057 $0 $0 $0
2015 $9,163 $75,297 $12,287 $63,010
2014 $4,528 $75,304 $12,288 $63,016
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 08700310

Midwest Real Estate Data (MRED)

APN: 11-12-202-014