NOT LISTED FOR SALE
-- Bed
14 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold June 10, 2021

Last sale price $2,500,000

7 Days on Market

About This Home

As of June 2021

14 unit building in Gold Coast A+ location! Value add opportunity. R

Last Agent to Sell the Property

Andrew Perkins

Jameson Sotheby's Intl Realty License #475147312 Listed on: 12/01/2020

Jameson Sotheby's Intl Realty

Last Buyer's Agent

Malek Abdulsamad

Compass License #471018795

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $21,698

Year Built

  • Built in 1970

Lot Details

  • 2,614

Interior Spaces

  • 14 Bathrooms
  • 4-Story Property

Additional Features

  • 2,614 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 14 Units

Building Details

  • Electric Expense $1,357
  • Fuel Expense $1,665
  • Insurance Expense $3,497
  • Maintenance Expense $17,173
  • Trash Expense $2,195
  • Water Sewer Expense $2,482
  • Operating Expense $35,747
  • Gross Income $192,000
  • Net Operating Income $156,253

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$21,698

Year Built

Built in 1970

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 4
  • Year Built: 1970
  • Built Before 1978 (Y/N): Yes
  • New Construction Y/N: No
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 14
  • Room: 0

Utilities

  • Heat/Ventilation: Wall Unit

Fee Information

  • Trash Expense: 2195
  • Water Sewer Expenses: 2482

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.06
  • Lot Dimensions: 22 * 129

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 8

Multi Family

  • Net Operating Income: 156253
  • Fuel Expense: 1665
  • Insurance Expense: 3497
  • ElectricExpense: 1357
  • GrossIncome: 192000
  • Maintenance Expense: 17173
  • NumberOfUnitsTotal: 14
  • OperatingExpense: 35747
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 21698
  • Tax Year: 2019
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2021 06/10/21 Sold $2,500,000 +4.4% --
12/08/2020 12/08/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $2,395,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $24,714 $178,901 $84,115 $94,786
2024 $24,714 $178,901 $84,115 $94,786
2023 $24,092 $117,136 $74,498 $42,638
2022 $24,092 $117,136 $74,498 $42,638
2021 $23,555 $117,134 $74,497 $42,637
2020 $24,059 $108,000 $74,497 $33,503
2019 $21,699 $108,000 $74,497 $33,503
2018 $21,334 $108,000 $74,497 $33,503
2017 $18,296 $84,992 $60,952 $24,040
2016 $17,023 $84,992 $60,952 $24,040
2015 $15,574 $84,992 $60,952 $24,040
2014 $15,024 $80,974 $54,180 $26,794
2013 $14,727 $80,974 $54,180 $26,794
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10943954

Midwest Real Estate Data (MRED)

APN: 17032020310000

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