NOT LISTED FOR SALE

Estimated Value: $196,000 - $267,000

-- Bed
-- Bath
-- Sq Ft
1920 Built

Last Sold August 11, 2014

Last sale price $99,000

Est. 125% increase in value since last sale

Current estimated payment $1,485/month

Highlights

  • No HOA
  • French Doors
  • Property is in very good condition
  • Porch
  • Hot Water Heating System

About This Home

As of August 2014

At the reduced price, 3.5 years of rental income would pay for this fine property. Well maintained and managed by long term owners. Many upgrades and updates incl.5 sep gas hot water heat heating systems and water heaters, sep elec meters with circuit breakers, recent roof, copper plumbing etc. Nice affordable 1 br units are always in demand. Up to code, and compliant with lead paint regs.

Last Agent to Sell the Property

Melvin Knight

Coldwell Banker Realty Listed on: 11/21/2013

Coldwell Banker Realty

Last Buyer's Agent

Melvin Knight

Coldwell Banker Realty Listed on: 11/21/2013

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,182

Year Built

  • Built in 1920

Lot Details

  • Ground Rent of $120 per year
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Plaster Walls
  • Asphalt Roof
  • Shingle Siding

Interior Spaces

  • French Doors
  • Stove

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • Porch

Utilities

  • Radiator
  • Hot Water Heating System
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for repairs, management, insurance, advertising/licenses and permits, accounting/legal, real estate taxes, all utilities
  • Tax Lot 016
  • Assessor Parcel Number 0315053014 016

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Hanlon Subdivision

Building Details

  • Operating Expense $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,182

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Ground Rent
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Year Built: 1920
  • Remarks Public: At the reduced price, 3.5 years of rental income would pay for this fine property. Well maintained and managed by long term owners. Many upgrades and updates incl.5 sep gas hot water heat heating systems and water heaters, sep elec meters with circuit breakers, recent roof, copper plumbing etc. Nice affordable 1 br units are always in demand. Up to code, and compliant with lead paint regs.
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Stove
  • Fireplace: No
  • Door Features: French
  • Wall Ceiling Types: Plaster Walls
  • Basement: Yes
  • Basement Type: Outside Entrance, Full
  • Street Number Modifier: 3019

Exterior Features

  • Construction Materials: Shingle Siding
  • Exterior Features: Sidewalks
  • 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
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water, Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 38100.00
  • Land Assessed Value: 12000.00
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Porch(es)
  • Property Condition: Very Good
  • Year Assessed: 2013
  • Zoning: 6
  • In City Limits: Yes

Rental Info

  • Ground Rent Amt: 120.00
  • Ground Rent Pymnt Freq: Annually
  • Owner Pays: Repairs, Management, Insurance, Advertising/Licenses And Permits, Accounting/Legal, Taxes - Real Estate, All Utilities
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 12972965
  • Tax Annual Amount: 1182.36
  • Assessor Parcel Number: 0315053014 016
  • Tax Lot: 016
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013
  • Close Date: 08/11/2014

Multi Family

  • Gross Income: 29400.00
  • Operating Expense: 3000.00
  • Vacancy Allowance Rate: 10.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2013
Closed on
Aug 11, 2014
Sold by
Shelter Enterprises Llc
Bought by
3019 Clifton Avenue Llc
Seller's Agent
Melvin Knight
Coldwell Banker Realty
Buyer's Agent
Melvin Knight
Coldwell Banker Realty
List Price
$119,900
Sold Price
$99,000
Premium/Discount to List
-$20,900
-17.43%
Current Estimated Value
$223,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,080
Avg. Annual Appreciation
6.91%
Original Mortgage
$70,500
Outstanding Balance
$54,128
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$153,636

Purchase Details

Closed on
Sep 1, 2011
Sold by
Undisclosed
Bought by
Shelter Enterprises Llc
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
3019 Clifton Avenue Llc $99,000 None Available
Shelter Enterprises Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 3019 Clifton Avenue Llc $70,500
Closed 3019 Clifton Avenue Llc $70,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2014 08/11/14 Sold $99,000 -17.4% --
07/01/2014 07/01/14 Pending -- -- --
11/21/2013 11/21/13 For Sale $119,900 -- --
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 $3,562 $165,000 $40,000 $125,000
2024 $3,562 $151,667 $0 $0
2023 $3,249 $138,333 $0 $0
2022 $2,950 $125,000 $30,000 $95,000
2021 $2,675 $113,333 $0 $0
2020 $2,399 $101,667 $0 $0
2019 $2,114 $90,000 $20,000 $70,000
2018 $1,652 $70,000 $0 $0
2017 $1,180 $50,000 $0 $0
2016 $1,187 $30,000 $0 $0
2015 $1,187 $30,000 $0 $0
2014 $1,187 $30,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003772916

Bright MLS

APN: 3014-016