NOT LISTED FOR SALE

Estimated Value: $465,920 - $493,000

5 Beds
3 Baths
2,374 Sq Ft
$202/Sq Ft Est. Value

Last Sold May 06, 2016

Last sale price $275,000 $116 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,178/month

89 Days on Market

Highlights

  • 0.34 Acre Lot
  • Double Pane Windows
  • Baseboard Heating
  • No HOA
  • Window Unit Cooling System
  • Property is in very good condition

About This Home

As of May 2016

EASY MONEY!!! LIVE FREE...almost. If profit is important, you MUST SEE this renovated, low-maintenance Multi-Family home nestled in Mount Washington. 3 Units,1-3BR/1BA,1-1BR+Den /1BA,1-1BR/1BA. Property boasts of updated kitchens & baths (2012), lighting, furnace (2013), water heaters (2013), roof (2008), Porch (2011) too much to list. Huge double lot potentially additional income producer.

Last Agent to Sell the Property

Lachele Kellam

S. Lee Martin Real Estate, LLC Listed on: 12/02/2015

Last Buyer's Agent

Laurie Karll

LPT Realty, LLC License #614241

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,897

Year Built

  • Built in 1925 | Remodeled in 2013

Lot Details

  • 0.34 Acre Lot
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • En-Suite Bathroom
  • Double Pane Windows
  • Built-In Oven

Unfinished Basement

  • Connecting Stairway
  • Side Exterior Basement Entry
  • Basement with some natural light

Utilities

  • Window Unit Cooling System
  • Radiator
  • Baseboard Heating
  • Natural Gas Water Heater

Listing and Financial Details

  • Tax Lot 006
  • Assessor Parcel Number 0327224478 006

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Mount Washington Subdivision

Building Details

  • Operating Expense $7,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,897

Year Built

Built in 1925 | Remodeled in 2013

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1925
  • Year Renovated: 2013
  • Remarks Public: EASY MONEY!!! LIVE FREE...almost. If profit is important, you MUST SEE this renovated, low-maintenance Multi-Family home nestled in Mount Washington. 3 Units,1-3BR/1BA,1-1BR+Den /1BA,1-1BR/1BA. Property boasts of updated kitchens & baths (2012), lighting, furnace (2013), water heaters (2013), roof (2008), Porch (2011) too much to list. Huge double lot potentially additional income producer.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven - Wall, Refrigerator
  • Interior Amenities: Primary Bath(s)
  • Window Features: Double Pane
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Connecting Stairway, Side Entrance, Unfinished, Daylight, Partial
  • Price Per Sq Ft: 124.26
  • Street Number Modifier: 2901

Exterior Features

  • Construction Materials: Vinyl Siding
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 60
  • Water Previous Twelve Months: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Green Features

  • Green Verification: No

Lot Info

  • Improvement Assessed Value: 103600.00
  • Land Assessed Value: 103900.00
  • Lot Size Acres: 0.34
  • Lot Size Area: 14997
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14997.00
  • Property Condition: Very Good
  • Year Assessed: 2015
  • Zoning: 1
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13099133
  • Tax Annual Amount: 4897.00
  • Assessor Parcel Number: 0327224478 006
  • Tax Lot: 006
  • Tax Total Finished Sq Ft: 2374
  • County Tax Payment Frequency: Annually
  • Tax Year: 2015
  • Close Date: 05/06/2016

Multi Family

  • Gross Income: 28800.00
  • Metering: Fully Separate
  • Operating Expense: 7000.00
  • Vacancy Allowance Rate: 0.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2015
Closed on
Jun 27, 2016
Sold by
Heath David and Tessman Mary
Bought by
Rock Springs Llc
Seller's Agent
Lachele Kellam
S. Lee Martin Real Estate, LLC
Buyer's Agent
Laurie Karll
LPT Realty, LLC
List Price
$315,000
Sold Price
$275,000
Premium/Discount to List
-$40,000
-12.7%
Current Estimated Value
$479,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,460
Avg. Annual Appreciation
5.96%

Purchase Details

Listed on
Dec 2, 2015
Closed on
May 9, 2016
Sold by
Hart John and Estate Of John William Hart
Bought by
Heath David and Tessman Mary
Seller's Agent
Lachele Kellam
S. Lee Martin Real Estate, LLC
Buyer's Agent
Laurie Karll
LPT Realty, LLC
List Price
$315,000
Sold Price
$275,000
Premium/Discount to List
-$40,000
-12.7%
Source: Public Records

Range of Values:

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Average Value
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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
Rock Springs Llc -- Attorney
Heath David $275,000 Penfed Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hart John W $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2016 05/06/16 Sold $275,000 -12.7% $116 / Sq Ft
02/29/2016 02/29/16 Pending -- -- --
12/02/2015 12/02/15 For Sale $315,000 -- $133 / Sq Ft
Source: Bright MLS

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
2025 $6,835 $316,833 -- --
2024 $6,835 $291,000 $103,900 $187,100
2023 $6,835 $291,000 $103,900 $187,100
2022 $6,868 $291,000 $103,900 $187,100
2021 $7,528 $319,000 $103,900 $215,100
2020 $6,848 $290,167 $0 $0
2019 $6,138 $261,333 $0 $0
2018 $5,487 $232,500 $103,900 $128,600
2017 $5,290 $224,167 $0 $0
2016 $4,479 $215,833 $0 $0
2015 $4,479 $207,500 $0 $0
2014 $4,479 $207,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1001138371

Bright MLS

APN: 4478-006