NOT LISTED FOR SALE

Estimated Value: $349,226 - $454,000

-- Bed
4 Baths
3,120 Sq Ft
$125/Sq Ft Est. Value

Last Sold October 21, 2021

Last sale price $400,000 $128 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,231/month

88 Days on Market

About This Home

As of October 2021

REDUCED - A Great Investment Opportunity! Income-producing 5 unit rental property. Brick 4 plex building, each unit is 1 BR/1BA plus mobile home with 2BR/2BA. Ample parking in the rear. Long-term, quality renters. The property has many recent updates with literally no work needed to transition to a new owner. Efficiently managed with tenants paying online. The knowledgeable property manager and maintenance staff can convey this to the new owner. Property records are in the cloud and will be shared with the new owner. Four approximately 600+ square feet units, a bedroom, living room, kitchen, and bath. All electric kitchen is nicely equipped with range/oven, refrigerator, microwave, and dishwasher.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,647

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 88x150

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,120 Sq Ft Home
  • Property has 3 Levels
  • Laminate Flooring

Schools

  • Eagleton Elementary School
  • Heritage High School

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 5 Units

Listing and Financial Details

  • The owner pays for trash collection
  • Assessor Parcel Number 037J G 05300 000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,647

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1956
  • Unit Levels: Three Or More
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Laminate, Other
  • Building Area Units: Square Feet
  • Living Area: 3120
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Other, Brick
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Electric, Other
  • Heating Yn: Yes

Lot Info

  • Lot Size: 88x150
  • Lot Size Units: Acres
  • Parcel #: 037J G 05300 000
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Other, Trash Collection

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 1647

MLS Schools

  • Elementary School: Eagleton Elementary
  • High School: Heritage High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Oct 21, 2021
Sold by
Church Living Trust
Bought by
Padgett Real Estate Co I Llc
List Price
$480,000
Sold Price
$400,000
Premium/Discount to List
-$80,000
-16.67%
Current Estimated Value
$390,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,943
Avg. Annual Appreciation
-1.15%

Purchase Details

Closed on
Sep 16, 2011
Sold by
Enloe Don
Bought by
Church Gregg E and The Church 1998

Purchase Details

Closed on
May 16, 1994
Bought by
Enloe Don

Purchase Details

Closed on
May 11, 1993
Bought by
Willocks Willard Keith and Barbara Je

Purchase Details

Closed on
Dec 9, 1986
Bought by
Bivens David and Bivens Melisa

Purchase Details

Closed on
Jan 1, 1986
Bought by
Bivens David and Bivens Melisa
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
Padgett Real Estate Co I Llc $400,000 New Title Company Name
Church Gregg E $84,500 --
Enloe Don $118,000 --
Willocks Willard Keith $90,000 --
Bivens David -- --
Bivens David $94,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bfs Properties Llc $388,000
Closed Padgett Real Estate Co I Llc $340,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2021 10/21/21 Sold $400,000 -16.7% $128 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $480,000 -- $154 / Sq Ft
Source: Realtracs

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 $1,822 $114,560 $16,000 $98,560
2023 $1,822 $114,560 $16,000 $98,560
2022 $1,647 $66,680 $10,000 $56,680
2021 $1,647 $66,680 $10,000 $56,680
2020 $1,647 $66,680 $10,000 $56,680
2019 $1,647 $66,680 $10,000 $56,680
2018 $1,375 $55,680 $9,360 $46,320
2017 $1,325 $55,680 $9,360 $46,320
2016 $1,325 $53,640 $9,360 $44,280
2015 $1,153 $53,640 $9,360 $44,280
2014 $1,152 $53,640 $9,360 $44,280
2013 $1,152 $53,600 $0 $0
Source: Public Records

Map

Source: Realtracs

MLS Number: 2876428

Realtracs

APN: 037J-G-053.00