Seller's Agent in 2023
Susan Fleming
EXP Realty, LLC
(606) 615-0470
5 in this area
163 Total Sales
Estimated Value: $63,468 - $120,000
INVESTOR ALERT!!! Fixer Upper tri-plex near KDMC, restaurants, & downtown. One tenant currently rents for $700/mo and two units are vacant. Each apartment has its own heat/air wall unit and pays their own electric. Large parking area in back (accessed from alley); on-street parking is also available. Vacant lot next door may be available for purchase. Repairs needed include roof (estimate from Ray's Roofing $9,395), wiring, plumbing, siding, gutters, exterior wall repair next to neighbor, uneven floors, stairway & deck to upper unit, hotel-style heat/air units, and some interior repairs. Upstairs unit was condemned by the City of Ashland due to stairs and deck repairs needed, but condemnation can be lifted once that is done. One electric water heater serves all 3 units, and seller pays for water on a single meter, since this was originally a single family home before being converted to a triplex by a previous owner; you may want to have these separated as part of the renovation. ARV $125-135,000 with potential rents of $750-850 for the 2-bed unit on first floor (now paying $700), $650-750 for the larger one-bed unit upstairs, and $600-700 for the smaller one-bed unit with back deck on the first floor.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sinha Pankaj | $6,500 | None Available |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/07/2023 08/07/23 | Sold | $9,000 | 0.0% | -- |
| 07/31/2023 07/31/23 | Off Market | $9,000 | -- | -- |
| 07/03/2023 07/03/23 | Price Changed | $15,000 | -57.1% | -- |
| 06/18/2023 06/18/23 | Price Changed | $35,000 | -22.2% | -- |
| 05/17/2023 05/17/23 | Price Changed | $45,000 | -9.1% | -- |
| 04/20/2023 04/20/23 | For Sale | $49,500 | -- | -- |
| 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 | $329 | $30,800 | $5,000 | $25,800 |
| 2023 | $282 | $30,800 | $5,000 | $25,800 |
| 2022 | $284 | $30,800 | $5,000 | $25,800 |
| 2021 | $285 | $30,800 | $5,000 | $25,800 |
| 2020 | $289 | $30,800 | $5,000 | $25,800 |
| 2019 | $290 | $30,800 | $0 | $0 |
| 2018 | $292 | $30,800 | $0 | $0 |
| 2017 | $205 | $30,800 | $0 | $0 |
| 2016 | $185 | $30,800 | $5,000 | $25,800 |
| 2015 | $185 | $30,800 | $5,000 | $25,800 |
| 2012 | -- | $30,800 | $30,800 | $0 |
Seller's Agent in 2023
Susan Fleming
EXP Realty, LLC
(606) 615-0470
5 in this area
163 Total Sales
Source: Ashland Area Board of REALTORS®
MLS Number: 54980
APN: 038-08-11-010.00