NOT LISTED FOR SALE
8 Beds
4 Baths
4,096 Sq Ft
0.33 Acre Lot

Sale Details

Date Sold: April 19, 2023

Last sale price $1,200,000 $293 Per Sq Ft

11 Days on Market

Highlights

  • 0.33 Acre Lot
  • Forced Air Heating System
  • Level Lot
  • Wood Flooring

About This Home

As of April 2023

This property can be used in many ways - investment, family compound, owner occupancy with rental income, development, or a combination. The 14,196 sq. ft. lot is zoned CO/Residential. The 245 E. Romie is a 1,430 sq. ft. three bedroom / one bathroom house. 245 E. Romie # A is a one-bedroom apartment. 249 E. Romie is a 2,194 sq. ft 4 bedroom / two bathroom house with high ceilings. 249 E. Romie has a large, private, fenced yard. It has a downstairs bedroom / full bath and three bedrooms upstairs with a full bathroom and lots of storage. The unit has new flooring, paint, and additional improvements. 245 E. Romie has a classic older home feel with sitting areas and interior arches. 245 A is located to the left of the garage spaces. The zoning and lot size can potentially yield additional units and ADUs. The potential gross income on current rents is $98,700.

Last Agent to Sell the Property

Hap Albers

Albers Real Estate Investment Company License #01006595 Listed on: 02/24/2023

Last Buyer's Agent

Adrian Del Real

Remax Property Experts License #01481662

Remax Property Experts

Property Details

Home Type

  • Multi-Family

Year Built

  • 1890

Lot Details

  • 14,196 Sq Ft Lot
  • Level Lot

Parking

  • 1 Car Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Triplex
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,096 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Formica Countertops

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $98,700
  • Month-to-Month Lease Term

Community Details

Overview

  • 4,096 Sq Ft Building

Building Details

  • 2 Leased Units
  • Gardener Expense $1,800
  • Insurance Expense $1,209
  • Maintenance Expense $2,250
  • Manager Expense $4,744
  • Other Expense $1,500
  • Utility Expense $1,572
  • Operating Expense $26,528
  • Gross Income $95,739

Property Details

Home Type

Multi-Family

Year Built

1890

Lot Details

0.33 Acres

Parking

1

Listing Details

  • Zoning: Commercial Office / Residential
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4096
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Interior Features

  • Kitchen: Countertop - Formica, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 4096
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Carpet, Hardwood, Laminate, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 4
  • Garage Parking Features: Off-Street Parking, On Street

Utilities

  • Heating System: Central Forced Air, Gas, Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • High School: 583

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.3259
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 14196.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 14196.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 12.15
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas
  • Expense Insurance: 1209
  • Expense Landscape: 1800
  • Expense Maintenance: 2250
  • Expense Management: 4744
  • Expenses Other: 1500
  • Expenses Total: 26528
  • Expenses Utility: 1572
  • Income Annual Gross: 95739.00
  • Income Annual Rental: 98700
  • Income Gross Scheduled: 98700
  • Income Includes: Rents
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 3
  • Operating Expenses Include: Fee - Property Management, Insurance, Maintenance - Repair, Services - Gardener, Services - Sewer, Vacancy Factor
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water, Utilities - Water
  • Vacancy Factor: 3
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/19/2023 04/19/23 Sold $1,200,000 +0.1% $293 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
02/24/2023 02/24/23 For Sale $1,199,000 -- $293 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,270 $1,313,480 $468,180 $845,300
2024 $14,270 $1,289,000 $459,000 $830,000
2023 $9,059 $1,200,000 $450,000 $750,000
2022 $1,031 $84,692 $63,578 $21,114
2021 $992 $83,032 $62,332 $20,700
2020 $966 $82,181 $61,693 $20,488
2019 $953 $80,571 $60,484 $20,087
2018 $939 $78,993 $59,299 $19,694
2017 $940 $77,445 $58,137 $19,308
2016 $940 $75,928 $56,998 $18,930
2015 $948 $74,788 $56,142 $18,646
2014 $889 $73,324 $55,043 $18,281
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81919898

MLSListings

APN: 002-613-043

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