NOT LISTED FOR SALE

Estimated Value: $790,997

10 Beds
5 Baths
6,938 Sq Ft
$114/Sq Ft Est. Value

Last Sold April 08, 2021

Last sale price $470,000 $68 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,482/month

About This Home

As of April 2021

This property is a 6-unit apartment complex located close to Universities, Schools, Hospitals, and Shopping. This complex currently has 100% occupancy. All the units a spacious with 1100sqft., large kitchen with plenty of cabinets for storage a separate dining room and it's own utility room. The roof and all 6 HVAC units are less than 6.5 years old. The property is separately metered for electric, & common metered for water. So much potential for rent increase because of Location, Location, Location! Sold As-Is

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 0.35 Acre Lot

Home Design

  • Stucco

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms

Schools

  • Lake Forest Elementary School
  • Langford Middle School
  • Richmond Academy High School

Community Details

  • 6 Units
  • Summerville Subdivision

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for trash collection, water
  • Assessor Parcel Number 0441268000

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0.35 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1974
  • Property Sub Type: Multi Family
  • Original List Price: 449999.00
  • Is New Construction?: No
  • List Price Per Acre: 1285711.43
  • List Price Per Sqft: 64.86
  • Special Features: None

Interior Features

  • Full Bathrooms: 5
  • Total Bedrooms: 10
  • Bathrooms Total Source: MLS
  • Bathrooms Total Notational: 5.00

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Water Source: Public
  • Cooling: Multiple Systems
  • Heating: Other, See Remarks
  • Sewer Provider: Public Sewer

Condo/Co-op/Association

  • Community Features: Street Lights

Schools

  • Elementary School: Lake Forest
  • High School: Richmond Academy
  • Middle Or Junior School: Langford

Lot Info

  • Lot Size Acres: 0.35
  • Lot Size: .35
  • Lot Size Sq Ft: 15246.00
  • Parcel#: 0441268000
  • Deed Book And Page: 1431 610
  • Plat Book And Page: 39O/536
  • Quadrant: 1RI

Rental Info

  • Tenant Pays: Cable TV, Electricity
  • Owner Pays: Other, Trash Collection, Water
  • Appraiser: Ameris

Tax Info

  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2022
Sold by
Bozada Kevin G
Bought by
Gordon & Gordon Holdings Llc
Current Estimated Value
$790,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$573,750
Outstanding Balance
$433,584
Interest Rate
5.55%
Mortgage Type
Mortgage Modification
Estimated Equity
$357,413

Purchase Details

Listed on
Apr 8, 2021
Closed on
May 4, 2021
Sold by
Summerville Villas Llc
Bought by
Bozada Kevin G
List Price
$449,999
Sold Price
$470,000
Premium/Discount to List
$20,001
4.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.09%
Original Mortgage
$352,500
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 28, 2014
Sold by
Blue Cedar Llc
Bought by
Summerville Villas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
4.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2004
Sold by
Channell Properties Inc
Bought by
Blue Cedar Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,000
Interest Rate
5.49%
Mortgage Type
Commercial
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
Gordon & Gordon Holdings Llc $675,000 --
Bozada Kevin G $470,000 --
Summerville Villas Llc $235,000 --
Summerville Villas Llc $235,000 --
Blue Cedar Llc $220,000 --
Blue Cedar Llc $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordon & Gordon Holdings Llc $573,750
Previous Owner Bozada Kevin G $352,500
Previous Owner Summerville Villas Llc $169,000
Previous Owner Blue Cedar Llc $202,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2021 04/08/21 Sold $470,000 +4.4% $68 / Sq Ft
04/08/2021 04/08/21 For Sale $449,999 0.0% $65 / Sq Ft
10/13/2020 10/13/20 Rented $695 0.0% --
09/13/2020 09/13/20 Under Contract -- -- --
09/08/2020 09/08/20 For Rent $695 +6.9% --
03/23/2020 03/23/20 Rented $650 0.0% --
02/22/2020 02/22/20 Under Contract -- -- --
01/31/2020 01/31/20 For Rent $650 -- --
Source: Hive MLS

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 $3,849 $122,893 $15,246 $107,647
2024 $3,849 $135,966 $15,246 $120,720
2023 $4,030 $135,438 $15,246 $120,192
2022 $4,093 $130,341 $15,246 $115,095
2021 $3,536 $95,053 $15,246 $79,807
2020 $3,754 $95,053 $15,246 $79,807
Source: Public Records

Map

Source: Hive MLS

MLS Number: 468174

Hive MLS

APN: 0441268000

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