NOT LISTED FOR SALE

Estimated Value: $282,066 - $372,000

6 Beds
3 Baths
2,749 Sq Ft
$125/Sq Ft Est. Value

Last Sold December 13, 2022

Last sale price $205,000 $75 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $2,085/month

183 Days on Market

About This Home

As of December 2022

Affordably priced 2 family home on grove street! Both units are occupied with tenants on a month to month written leases; Great opportunity for an owner occupant or a savy investor looking for solid cashflow; The large upstairs apartment might allow for conversion to a 3 family with the right approvals- :48 Hours notice required for showings.

Last Agent to Sell the Property

Mike Andre

Gallagher Real Estate Listed on: 05/06/2022

Gallagher Real Estate

Last Buyer's Agent

Jasmine Ortiz

HestiaLiving Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,884

Year Built

  • Built in 1896

Lot Details

  • 4,500 Sq Ft Lot
  • Level Lot
  • Irregular Lot

Parking

  • 4 Car Parking Spaces

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,749 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating Available

Listing and Financial Details

  • Total Actual Rent $2,500
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number 2587234

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $2,066
  • Water Sewer Expense $3,363
  • Operating Expense $9,855
  • Net Operating Income $14,673

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,884

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1896
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 2749
  • Stories Total: 3
  • MAIN LO: AN1364
  • LIST PRICE PER Sq Ft: 80.03
  • PRICE PER Sq Ft: 74.57
  • MAIN SO: AN7288

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Irregular
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Steam), Unit 2(Steam)
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water)

Fee Information

  • Water Sewer Expenses: 3363

Lot Info

  • Parcel Number: 2587234
  • Zoning: r2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4500
  • Lot Size Units: Acres
  • PAGE: 12
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2884.14
  • Tax Book Number: 24509

Multi Family

  • Gross Income: 24528
  • Insurance Expense: 2066
  • Net Operating Income: 14673
  • Number Of Units Total: 2
  • Operating Expense: 9855
  • Total Actual Rent: 2500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 26, 2009
Sold by
Fnma
Bought by
Villar Re Inc
Current Estimated Value
$342,767

Purchase Details

Closed on
May 29, 2008
Sold by
Gomez Ydalia Reyes
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 8, 2006
Sold by
Ali Hassan R
Bought by
Gomez Ydalia Reyes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 5, 2004
Sold by
Ayala Eduardo
Bought by
Ali Hassan R

Purchase Details

Closed on
Apr 1, 2004
Sold by
Gonzalez Juan Jorge
Bought by
Ayala Eduardo

Purchase Details

Closed on
Feb 14, 2003
Sold by
Ortiz Enrique
Bought by
Gonzalez Juan Jorge

Purchase Details

Closed on
Jul 30, 2002
Sold by
Reyes Luz
Bought by
Ortiz Enrique

Purchase Details

Closed on
Mar 28, 2000
Sold by
Beals Elliot
Bought by
Reyes Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,740
Interest Rate
8.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 1999
Sold by
Springfield City Of
Bought by
Beals Elliot

Purchase Details

Closed on
May 19, 1993
Sold by
Harris John M
Bought by
Moore Jimmy H and Moore Cheryl W

Purchase Details

Closed on
Dec 21, 1989
Sold by
Haley Henry T
Bought by
Harris John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
9.69%
Mortgage Type
Purchase Money 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
Villar Re Inc $23,500 --
Federal National Mortgage Association $138,282 --
Gomez Ydalia Reyes $155,000 --
Ali Hassan R -- --
Ayala Eduardo -- --
Gonzalez Juan Jorge $10,000 --
Ortiz Enrique $5,000 --
Reyes Luz $79,900 --
Beals Elliot $1,000 --
Moore Jimmy H $2,150 --
Harris John M $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rios Angel $168,000
Previous Owner Gomez Ydalia Reyes $124,000
Previous Owner Gomez Ydalia Reyes $31,000
Previous Owner Harris John M $65,740
Previous Owner Harris John M $24,960
Previous Owner Harris John M $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2022 12/13/22 Sold $205,000 -6.8% $75 / Sq Ft
11/06/2022 11/06/22 Pending -- -- --
08/03/2022 08/03/22 Price Changed $220,000 -12.0% $80 / Sq Ft
06/29/2022 06/29/22 Price Changed $249,900 -3.8% $91 / Sq Ft
06/11/2022 06/11/22 Price Changed $259,900 -1.9% $95 / Sq Ft
05/06/2022 05/06/22 For Sale $265,000 -- $96 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $2,789 $177,900 $29,500 $148,400
2024 $2,950 $183,700 $29,500 $154,200
2023 $2,650 $155,400 $26,900 $128,500
2022 $2,832 $150,500 $25,100 $125,400
2021 $2,884 $152,600 $22,800 $129,800
2020 $2,810 $143,900 $22,800 $121,100
2019 $2,385 $121,200 $22,800 $98,400
2018 $1,958 $111,900 $22,800 $89,100
2017 $1,958 $99,600 $16,500 $83,100
2016 $1,716 $87,300 $16,500 $70,800
2015 $1,676 $85,200 $16,500 $68,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72977536

MLS Property Information Network (MLS PIN)

APN: SPRI-006110-000000-000006