NOT LISTED FOR SALE
14 Beds
8 Baths
-- Sq Ft
7,405 Sq Ft Lot

Last Sold November 27, 2019

Last sale price $192,500

338 Days on Market

About This Home

As of November 2019

**********Fantastic Opportunity***********INVESTOR TO UPDATE AND MANAGE PROPERTY YOURSELF OR WITH YOUR MANAGEMENT COMPANY, ** HERE IS YOUR OPPORTUNITY AGAIN ON THIS INCREDIBLE BUY! ** GREAT INVESTMENT PROPERTY!** TENANTS PAY ELECTRIC. OWNER PAYS HEAT/GAS, & WATER. THE POSSIBILITIES ARE ENDLESS! Income producing property. Conveniently located property with easy access of shopping, schools and transportation. Property has been and can be operated with management company. Next door building also for sale, Buyer can buy both buildings as a package deal, each building listed with asking price, package deal asking price is $389,000. Call Rita for showing instructions and further information. Visit: SVNPremierAuctions

Last Agent to Sell the Property

Rita Shah

Coldwell Banker Realty License #475124375 Listed on: 11/23/2018

Coldwell Banker Realty

Last Buyer's Agent

Rita Shah

Coldwell Banker Realty License #475124375 Listed on: 11/23/2018

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,561

Lot Details

  • 7,405

Utilities

  • Window Unit Cooling System

Community Details

  • Fuel Expense $6,420
  • Insurance Expense $1,675

Listing and Financial Details

  • Tenant pays for air conditioning, electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,561

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Utilities To Site: Sanitary Sewer to Site, Water-Municipal
  • Zoning Type: MULTI
  • Estimated Age: 26-35 Years
  • Net Oper Income: 41073
  • Repairs Decor Expense: 500
  • Total Annual Exp: 20247
  • Total Annual Income: 61320
  • Total Monthly Income: 5110
  • Number Of Stories: 2
  • Estimated Year Built: 0000
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Garage/Parking

  • Number Of Parking Spaces: 16

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Central Bldg Heat, Central Heat/Indiv Controls, Gas, Heat Pump, Hot Water, Radiators, Steam, Separate Per Unit
  • Water Expense: 3280

Condo/Co-op/Association

  • Units in Building: 8

Fee Information

  • Electrical Service: Circuit Breakers, Separate Meters

Lot Info

  • Lot Dimensions: 7340
  • Parcel Identification Number: 1111104013

Rental Info

  • Gross Rental Income: 61320
  • Tenant Pays: Air Conditioning, Electric

Multi Family

  • Fuel Expense: 6420
  • Insurance Expense: 1675
  • Other Expenses: 500

Tax Info

  • Taxes: 7911.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2018
Closed on
Nov 27, 2019
Sold by
Chidester Robert A
Bought by
Simba Rentals Llc
Seller's Agent
Rita Shah
Coldwell Banker Realty
Buyer's Agent
Rita Shah
Coldwell Banker Realty
List Price
$262,500
Sold Price
$192,500
Premium/Discount to List
-$70,000
-26.67%

Purchase Details

Closed on
Dec 22, 2000
Bought by
Chidester Robert
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
Simba Rentals Llc $350,000 New Title Company Name
Chidester Robert $287,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simba Rentals Llc $388,000
Closed Simba Rentals Llc $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2019 11/27/19 Sold $192,500 -1.0% --
10/28/2019 10/28/19 Price Changed $194,500 0.0% --
10/27/2019 10/27/19 Pending -- -- --
09/02/2019 09/02/19 Price Changed $194,500 -25.9% --
05/14/2019 05/14/19 For Sale $262,500 0.0% --
05/06/2019 05/06/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $262,500 0.0% --
03/28/2019 03/28/19 Pending -- -- --
12/07/2018 12/07/18 For Sale $262,500 +36.4% --
12/04/2018 12/04/18 Off Market $192,500 -- --
11/23/2018 11/23/18 For Sale $262,500 -- --
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 $8,561 $90,344 $3,772 $86,572
2023 $8,272 $79,661 $3,326 $76,335
2022 $8,135 $71,202 $2,973 $68,229
2021 $8,002 $65,287 $2,726 $62,561
2020 $7,936 $61,720 $2,577 $59,143
2019 $7,881 $58,826 $2,456 $56,370
2018 $7,937 $55,439 $2,315 $53,124
2017 $7,872 $53,057 $2,216 $50,841
2016 $7,864 $52,062 $2,174 $49,888
2015 $7,964 $52,062 $2,174 $49,888
2014 $7,745 $52,066 $2,173 $49,893
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10142890

Midwest Real Estate Data (MRED)

APN: 11-11-104-013