NOT LISTED FOR SALE

Estimated Value: $876,000 - $1,065,000

6 Beds
5 Baths
3,961 Sq Ft
$242/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $794,000 $200 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,730/month

32 Days on Market

Highlights

  • Hilly Lot
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Corner Lot
  • Garage

About This Home

As of July 2023

Excellent opportunity to acquire a Southwest Hills Luxury rental with huge upside potential. This custom built duplex was constructed in 1999 with a unit mix of 3 beds & 2.1 baths on each side. Exterior consists of stucco siding, tile roof, Westerly facing balconies overlooking mature trees, vegetation and wildlife. Interiors have been meticulously maintained which come equipped with; Thermador cooktops, Gaggenau dishwashers, Corian counters, Sub-Zero refrigerators, Maple Cabinets, gas fireplaces, skylights, high ceilings, oversized master suites, hardwood floors, accents of tile and more. This is a fine opportunity to acquire a solid income producing asset in a great location.

Last Agent to Sell the Property

Linnea Kittrell

TLC Realty License #200503282 Listed on: 05/06/2023

Co-Listed By

Jeremy Parmenter

TLC Realty License #200606399

Last Buyer's Agent

Marsha Westling

ICON Real Estate Group License #201103114

ICON Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,376

Year Built

  • Built in 1999

Lot Details

  • Corner Lot
  • Hilly Lot

Parking

  • Garage

Home Design

  • Tile Roof
  • Cement Siding
  • Stucco Exterior
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,961 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Schools

  • Mccornack Elementary School
  • Kennedy Middle School
  • Churchill High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Community Details

  • 2 Units
  • Gross Income $40,140

Listing and Financial Details

  • Assessor Parcel Number 1565371

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,376

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1999
  • Property Condition: Existing
  • Unreinforced Masonry Building: Unknown
  • Property Attached Yn: No
  • Current Price For Status: 794000.0
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Garage
  • Lot Size Range: SqFt15000to19999

Exterior Features

  • Exterior Description: CementSiding,Stucco
  • Lot Size: 15,000 to 19,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Hilly
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Tile

Garage/Parking

  • Parking Description: Garage, Paved
  • Attached Garage: No

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Internet Service Type: Wireless
  • Cooling: CentralAir
  • Cooling Y N: Yes
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: McCornack
  • High School: Churchill
  • Middle Or Junior School: Kennedy

Lot Info

  • Zoning: R-1
  • Parcel #: 1565371

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 8375.76

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 19.91
  • Annual Gross Income: 40140.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2023
Closed on
Jul 5, 2023
Sold by
Preacher Family Trust
Bought by
Moore Casey M and Moore Rebecca E
Seller's Agent
Linnea Kittrell
TLC Realty
Buyer's Agent
Marsha Westling
ICON Real Estate Group
List Price
$799,000
Sold Price
$794,000
Premium/Discount to List
-$5,000
-0.63%
Views
127
Current Estimated Value
$957,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,324
Avg. Annual Appreciation
7.61%
Original Mortgage
$350,000
Outstanding Balance
$339,853
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$617,471

Purchase Details

Closed on
Aug 13, 2012
Sold by
Preacher Michael E and Preacher Anita L
Bought by
Preacher Michael E and Preacher Anita L

Purchase Details

Closed on
Mar 24, 2005
Sold by
Lee Gean Y and Lee Jane
Bought by
Preacher Michael E and Preacher Anita L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
5.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 1998
Sold by
Lee Gean Y and Lee Jane
Bought by
Lee Gean Y and Lee Jane

Purchase Details

Closed on
May 13, 1998
Sold by
Herbert
Bought by
Lee Jane
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
Moore Casey M $794,000 First American Title
Preacher Michael E -- None Available
Preacher Michael E $428,000 Cascade Title Co
Lee Gean Y -- Cascade Title Co
Lee Gean Y -- Cascade Title Co
Lee Jane $52,000 Western Pioneer Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Casey M $350,000
Previous Owner Preacher Michael E $305,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2023 07/07/23 Sold $794,000 -0.6% $200 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $799,000 0.0% $202 / Sq Ft
05/21/2023 05/21/23 Pending -- -- --
05/06/2023 05/06/23 For Sale $799,000 -- $202 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $9,053 $464,654 -- --
2024 $8,941 $451,121 -- --
2023 $8,941 $437,982 $0 $0
2022 $8,376 $425,226 $0 $0
2021 $7,867 $412,841 $0 $0
2020 $7,895 $400,817 $0 $0
2019 $7,625 $389,143 $0 $0
2018 $7,177 $366,805 $0 $0
2017 $6,856 $366,805 $0 $0
2016 $6,685 $356,121 $0 $0
2015 $6,494 $345,749 $0 $0
2014 $6,363 $335,679 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23150201

Regional Multiple Listing Service (RMLS)

APN: 1565371