NOT LISTED FOR SALE

Estimated Value: $468,000 - $569,000

6 Beds
3 Baths
2,125 Sq Ft
$249/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $400,000 $188 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $3,092/month

19 Days on Market

Highlights

  • No HOA
  • Central Heating
  • Property has 1 Level
  • Cooling Available
  • Vinyl Flooring

About This Home

As of May 2021

This triplex is being sold as a package with the triplex directly next door located at 2714 Meharry Blvd. Located just across 28th Ave N from Hadley Park, this triplex sits right in the middle of a fast developing area. New builds and renovated properties are popping up all over this street, driving the value of this area higher every year. Quick access to I-40 and Charlotte Avenue makes this a great long term investment for any buyer.

Last Agent to Sell the Property

Hunter Smith

Residential Investment Advisors License #357471 Listed on: 03/16/2021

Last Buyer's Agent

Sylvia Giannitrapani

Parks Compass License #321572

Parks Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,870

Year Built

  • Built in 1960

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 50 x 178

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,125 Sq Ft Home
  • Property has 1 Level
  • Vinyl Flooring

Schools

  • Park Avenue Enhanced Option Elementary School
  • Mc Kissack- Crewell Professional Development Middle School
  • Pearl Cohn Magnet High School

Utilities

  • Cooling Available
  • Central Heating

Listing and Financial Details

  • Total Actual Rent $2,450
  • Assessor Parcel Number 09202012900

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Mcnairy Subdivision

Building Details

  • Operating Expense $7,500
  • Gross Income $29,400
  • Net Operating Income $21,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,870

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1960
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Vinyl
  • Above Grade Finished Sq Ft: 2125
  • Building Area Units: Square Feet
  • Living Area: 2125
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

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

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R6
  • Lot Size Acres: 0.21
  • Lot Size: 50 X 178
  • Lot Size Units: Acres
  • Parcel #: 09202012900
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Gross Income: 29400
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 21900
  • Number Of Units Total: 3
  • Annual Operating Expense: 7500
  • Total Actual Rent: 2450

Tax Info

  • Tax Annual Amount: 3870

MLS Schools

  • Elementary School: Park Avenue Enhanced Option
  • High School: Pearl Cohn Magnet High School
  • Middle Or Junior School: Mc Kissack- Crewell Professional Development School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
May 6, 2021
Sold by
Clear Blue Equity Llc
Bought by
Thistle Farms Inc
Seller's Agent
Hunter Smith
Residential Investment Advisors
Buyer's Agent
Sylvia Giannitrapani
Parks Compass
List Price
$449,000
Sold Price
$400,000
Premium/Discount to List
-$49,000
-10.91%
Current Estimated Value
$529,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,858
Avg. Annual Appreciation
6.01%

Purchase Details

Listed on
Feb 22, 2012
Closed on
Mar 28, 2012
Sold by
Fannie Mae
Bought by
Clear Blue Equity Llc
Seller's Agent
Marsha Mauney
Onward Real Estate
Buyer's Agent
David Childers
Heritage Real Estate
List Price
$649,000
Sold Price
$74,502
Premium/Discount to List
-$574,498
-88.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.19%
Original Mortgage
$86,077
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 2012
Sold by
Mckinney Jane Allen
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 6, 2009
Sold by
Ace Housing Llc
Bought by
Mckinney Jane Allen

Purchase Details

Closed on
Mar 22, 2005
Sold by
Ace Rentals Llc
Bought by
Ace Housing Llc

Purchase Details

Closed on
Dec 30, 2004
Sold by
Mckinney Jane Allen
Bought by
Ace Rentals Llc

Purchase Details

Closed on
Jan 17, 2001
Sold by
Kirshner Alden
Bought by
Mckinney Jane Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
9%
Mortgage Type
Seller Take Back
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
Thistle Farms Inc $400,000 The Row Title & Escrow Llc
Clear Blue Equity Llc $74,502 Parthenon Title Agerncy
Federal National Mortgage Association $79,810 None Available
Mckinney Jane Allen -- None Available
Ace Housing Llc -- --
Ace Rentals Llc -- --
Mckinney Jane Allen $172,500 Saturn & Mazer Title Svcs In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clear Blue Equity Llc $86,077
Previous Owner Mckinney Jane Allen $36,000
Previous Owner Mckinney Jane Allen $88,000
Previous Owner Mckinney Jane Allen $81,000
Previous Owner Mckinney Jane Allen $166,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $400,000 -10.9% $188 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $449,000 -30.8% $211 / Sq Ft
07/07/2014 07/07/14 Pending -- -- --
05/21/2014 05/21/14 For Sale $649,000 +771.1% $305 / Sq Ft
03/28/2012 03/28/12 Sold $74,502 -- $35 / 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 $3,224 $99,080 $40,000 $59,080
2023 $3,224 $99,080 $40,000 $59,080
2022 $3,224 $99,080 $40,000 $59,080
2021 $3,258 $99,080 $40,000 $59,080
2020 $2,659 $63,000 $20,800 $42,200
2019 $1,988 $63,000 $20,800 $42,200
2018 $1,988 $63,000 $20,800 $42,200
2017 $1,988 $63,000 $20,800 $42,200
2016 $1,936 $42,880 $5,200 $37,680
2015 $1,936 $42,880 $5,200 $37,680
2014 $1,936 $42,880 $5,200 $37,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 2236422

Realtracs

APN: 092-02-0-129