NOT LISTED FOR SALE

Estimated Value: $330,000 - $395,000

6 Beds
6 Baths
2,352 Sq Ft
$156/Sq Ft Est. Value

Last Sold September 06, 2022

Last sale price $320,000 $136 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,406/month

5 Days on Market

Highlights

  • Golf Course Community
  • 0.69 Acre Lot
  • Home Security System
  • RV or Boat Parking
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2022

You have to see this well maintained Brick Triplex investment property. It is located in the Portage Lakes area near Firestone Country Club and Metro Parks. Each unit includes 2 bedrooms (11x12 and 11x13) an eat in kitchen (11x11), nice sized living room (11x16), full bath upstairs (8x5) and rec room/ living room (16x16), laundry and half bath on main floor. All have, private patios, extra deep attached garage with additional parking areas. 3051 end unit has a large fenced in side yard with 10x12 gazebo and shed. Gazebo and shed have electric. The hot tub, microwave, washer/dryer and Murphy bed in 3051 do not convey. Bonus to this property are two R/V hookup spots with electric and water. So much potential here, don't miss your opportunity! Please note that property is currently owner occupied, so there is increased rent potential. See two supplement pages for updates, utility information and age of components.

Last Agent to Sell the Property

Daniel Stroup

Cutler Real Estate License #2020004999 Listed on: 07/22/2022

Cutler Real Estate

Last Buyer's Agent

Daniel Stroup

Cutler Real Estate License #2020004999 Listed on: 07/22/2022

Cutler Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,144

Year Built

  • Built in 1970

Lot Details

  • 0.69 Acre Lot
  • South Facing Home
  • Privacy Fence
  • Wood Fence
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,352 Sq Ft Home
  • 2-Story Property
  • Home Security System
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Shared Driveway
  • RV or Boat Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Radiant Heating System
  • Well
  • Water Softener
  • Septic Tank

Listing and Financial Details

  • Tenant pays for cable/electric link, electric, gas
  • The owner pays for trash collection
  • Assessor Parcel Number 1905018

Community Details

Overview

  • 3 Units
  • Derling Sub Community

Recreation

  • Golf Course Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,144

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Subtype: Three
  • House Faces: South
  • Price Per Square Foot: 136.05
  • Estimated Price per Sq Ft: 136.05
  • Year Built Exception: Actual YBT
  • Num Of Stories: 2.00
  • Total Sq Ft: 2352
  • Year Built: 1970
  • Court Ordered Y N: No
  • Geocode Confidence: Medium
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1970

Interior Features

  • Appliances Equipment: Dishwasher, Garbage Disposal, Range, Refrigerator, Security System, Water Softener
  • Total Bedrooms: 6
  • Total Bathrooms: 6.00
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Laundry: 3
  • Sq Ft Approx Above Grade Finished: 2352.00
  • Sq Ft Approx Total Finished: 2352.00

Exterior Features

  • Exterior: Brick
  • Fences: Privacy, Wood
  • Roof: Asphalt/Fiberglass

Garage/Parking

  • Driveway: Paved, Shared
  • Garage Features: Attached, Door Opener, RV/Boat Pad
  • Garage Num Of Cars: 3

Utilities

  • LaundryFeatures: In Unit
  • Cooling Type: Central Air
  • Heating Fuel: Gas
  • Heating Type: Forced Air, Radiant
  • Water/Sewer: Well, Septic

Association/Amenities

  • Amenities: Golf Available

Condo/Co-op/Association

  • Subdivision Complex: Derling Sub

Fee Information

  • Op Expenses: 7328.00

Schools

  • School District: Coventry LSD
  • School District: Coventry LSD

Lot Info

  • Lot Description: Level/Flat
  • Lot Size Units: Acres
  • Acres: 0.6910
  • Parcel Number: 1905018

Rental Info

  • Owner Pays: Trash Collection
  • Tenant Pays: Cable/Electric Link, Electric, Gas

Multi Family

  • Unit Count: 3
  • Gross Income: 20400.00
  • Net Income: 13072.00
  • Num Of Buildings: 1
  • Number of Units: 3
  • Percent Units Occupied: 100

Tax Info

  • Tax: 4144

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2022
Closed on
Sep 2, 2022
Sold by
Hinkle Gregory P and Hinkle Susan L
Bought by
Keres Melissa A and Keres Robert J
Seller's Agent
Daniel Stroup
Cutler Real Estate
Buyer's Agent
Daniel Stroup
Cutler Real Estate
List Price
$315,000
Sold Price
$320,000
Premium/Discount to List
$5,000
1.59%
Current Estimated Value
$367,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,829
Avg. Annual Appreciation
3.75%
Original Mortgage
$256,000
Outstanding Balance
$246,358
Interest Rate
5.3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$111,909

Purchase Details

Listed on
Jan 29, 2016
Closed on
Sep 19, 2017
Sold by
Vidikan Maria V
Bought by
Hinkle Gregory P and Hinkle Susan L
Seller's Agent
Emil Clintoc
Deleted Agent
Buyer's Agent
Kristan DeBona
Deleted Agent
List Price
$184,900
Sold Price
$175,500
Premium/Discount to List
-$9,400
-5.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.85%
Original Mortgage
$181,291
Interest Rate
3.93%
Mortgage Type
VA
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
Keres Melissa A $320,000 --
Hinkle Gregory P $175,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keres Melissa A $256,000
Previous Owner Hinkle Gregory P $181,291
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2022 09/06/22 Sold $320,000 +1.6% $136 / Sq Ft
07/27/2022 07/27/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $315,000 +79.5% $134 / Sq Ft
09/19/2017 09/19/17 Sold $175,500 -2.4% --
08/08/2017 08/08/17 Pending -- -- --
06/21/2017 06/21/17 Price Changed $179,900 -2.7% --
06/19/2017 06/19/17 For Sale $184,900 0.0% --
04/25/2017 04/25/17 Pending -- -- --
01/30/2017 01/30/17 Price Changed $184,900 0.0% --
01/30/2017 01/30/17 For Sale $184,900 +5.4% --
01/29/2017 01/29/17 Off Market $175,500 -- --
01/29/2016 01/29/16 For Sale $199,000 -- --
Source: MLS Now

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 $5,474 $93,898 $15,568 $78,330
2024 $5,474 $93,898 $15,568 $78,330
2023 $5,474 $93,898 $15,568 $78,330
2022 $4,488 $63,644 $10,591 $53,053
2021 $4,230 $63,644 $10,591 $53,053
2020 $4,144 $63,640 $10,590 $53,050
2019 $4,891 $69,060 $10,590 $58,470
2018 $4,845 $69,060 $10,590 $58,470
2017 $4,369 $69,060 $10,590 $58,470
2016 $4,358 $60,700 $10,590 $50,110
2015 $4,369 $60,700 $10,590 $50,110
2014 $4,252 $60,700 $10,590 $50,110
2013 $3,948 $57,150 $10,590 $46,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Now

MLS Number: 4394090

MLS Now

APN: 19-05018