NOT LISTED FOR SALE
9 Beds
6 Baths
-- Sq Ft
1970 Built

Sale Details

Date Sold: December 28, 2015

Last sale price $472,500 $0 Per Sq Ft

62 Days on Market

About This Home

As of December 2015

Solid, free standing 6-unit investment property, which includes 3-two beds + 3-one beds spacious, well maintained apartments. Property is fully occupied mostly by long time residents, 12 parking spaces and owned washer & dryer. No association and low maintenance due to many improvements. Great turnkey investment.

Last Agent to Sell the Property

Lucas Kristen

onPointe Real Estate License #471000643 Listed on: 09/10/2015

Last Buyer's Agent

Tina Paras

Coldwell Banker Realty License #475133681

Coldwell Banker Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1970

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Utilities

  • Cooling System Mounted In Outer Wall Opening

Community Details

  • Fuel Expense $3,660
  • Insurance Expense $2,650

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1970

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Utilities To Site: Water-Community
  • Zoning Type: MULTI
  • Estimated Age: 36-50 Years
  • Net Operating Income Year: 2014
  • Net Oper Income: 35356
  • Outdoor Parking: 6-12 Spaces
  • Roof Coverings: Shingle Composition
  • Roof Structure: Hip
  • Scavenger Expense: 637
  • Total Annual Exp: 24474
  • Total Annual Income: 59830
  • Total Monthly Income: 4840
  • Number of Ranges: 6
  • Number Of Refrigs: 6
  • Number Of Window A C: 6
  • Number Of Stories: 3
  • Estimated Year Built: 1970
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1970

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Construction: Brick
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 12

Utilities

  • Air Conditioner: Wall Sleeve
  • Heatventilation: Heat Pump, Hot Water, Baseboard
  • Water Expense: 3000

Condo/Co-op/Association

  • Units in Building: 6

Fee Information

  • Electricity Expense: 377
  • Electrical Service: Circuit Breakers, Separate Meters, 0-100 Amps

Lot Info

  • Lot Dimensions: 132X100
  • Lot Sq Ft: 13187
  • Parcel Identification Number: 03023130010000

Rental Info

  • Gross Rental Income: 58080
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2014
  • Fuel Expense: 3660
  • Insurance Expense: 2650
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 14180

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2015
Closed on
Dec 28, 2015
Sold by
Bought by
Seller's Agent
Lucas Kristen
onPointe Real Estate
Buyer's Agent
Tina Paras
Coldwell Banker Realty
List Price
$524,500
Sold Price
$472,500
Premium/Discount to List
-$52,000
-9.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,750
Interest Rate
4.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 21, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
5.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 2002
Sold by
Bought by

Purchase Details

Closed on
Sep 26, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,000
Interest Rate
4.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 15, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase 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 Buyer Sale Price Title Company
$472,500 Git
$615,000 Cti
-- --
$582,500 Multiple
-- --
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Closed $330,750
Previous Owner $435,000
Previous Owner $667,000
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
12/28/2015 12/28/15 Sold $472,500 -9.9% --
11/11/2015 11/11/15 Pending -- -- --
09/10/2015 09/10/15 For Sale $524,500 -- --
Source: Midwest Real Estate Data (MRED)

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 $559 $4,892
2024 $520 $4,659
2023 $520 $21,600 $4,320 $17,280
2022 $517 $17,000 $3,400 $13,600
2021 $532 $14,560 $2,910 $11,650
2020 $518 $13,380 $2,670 $10,710
2019 $494 $11,910 $2,380 $9,530
2018 $476 $8,350 $1,670 $6,680
2017 $433 $6,950 $1,390 $5,560
2016 $417 $6,080 $1,210 $4,870
2015 $388 $5,230 $1,040 $4,190
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09034591

Midwest Real Estate Data (MRED)
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