NOT LISTED FOR SALE
17 Beds
7 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold July 22, 2020

Last sale price $269,000

4 Days on Market

About This Home

As of July 2020

311-315 N Long is a center entrance 6-flat with a non-conforming (and legal) garden level studio apartment for a total of 7 units. There are two, 2-bed, 1 bath; and four 3-bed 1-bath units. New boiler installed in 2012 heats the whole building and one water heater for the whole building from 2013. Recently inspected roof is in good-repair and has about another 10 years of life. Units do not include kitchen appliances. The building is being sold as-is. There is one empty unit, and two more units scheduled to be vacated in June. Department of buildings is requiring exterior maintenance cost quoted for $30,000 and the quote can be reviewed under "Additional Information." Back on the market with a price reduction by $60,000. This building is a great opportunity to increase value with modest investment and ample building and tenant management!

Last Agent to Sell the Property

Clif Wilson

Root Realty, Inc. License #471021178 Listed on: 04/30/2020

Last Buyer's Agent

Andrew Da Silva

Kale Realty License #475170021

Kale Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1905

Lot Details

  • 8,276

Community Details

  • Fuel Expense $6,000
  • Insurance Expense $4,800
  • Manager Expense $1,200

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1905

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Estimated Age: Older
  • Net Oper Income: 28200
  • Outdoor Parking: 1-5 Spaces
  • Repairs Decor Expense: 600
  • Scavenger Expense: 1980
  • Total Annual Exp: 23260
  • Total Annual Income: 58560
  • Total Monthly Income: 6100
  • Number Of Stories: 3
  • Estimated Year Built: 1905
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1905

Exterior Features

  • Acreage: 0.19

Garage/Parking

  • Number Of Parking Spaces: 3

Utilities

  • Heatventilation: Central Bldg Heat
  • Water Expense: 7600

Condo/Co-op/Association

  • Units in Building: 7
  • Manager Expense: 1200

Fee Information

  • Electricity Expense: 480
  • Janitor Expense: 600

Lot Info

  • Lot Dimensions: 8658 SQ. FT
  • Parcel Identification Number: 16093030080000

Rental Info

  • Gross Rental Income: 73200
  • Tenant Pays: Electric

Multi Family

  • Fuel Expense: 6000
  • Insurance Expense: 4800

Tax Info

  • Taxes: 7,100

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
07/22/2020 07/22/20 Sold $269,000 0.0% --
06/30/2020 06/30/20 Off Market $269,000 -- --
05/06/2020 05/06/20 For Sale $269,000 0.0% --
05/04/2020 05/04/20 Pending -- -- --
04/30/2020 04/30/20 For Sale $269,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $5,697 $45,000 $10,206 $34,794
2024 $5,697 $45,000 $10,206 $34,794
2023 $5,553 $27,000 $8,080 $18,920
2022 $5,553 $27,000 $8,080 $18,920
2021 $5,429 $26,999 $8,079 $18,920
2020 $6,985 $31,357 $7,229 $24,128
2019 $7,159 $35,634 $7,229 $28,405
2018 $7,039 $35,634 $7,229 $28,405
2017 $5,169 $24,011 $6,378 $17,633
2016 $4,809 $24,011 $6,378 $17,633
2015 $4,400 $24,011 $6,378 $17,633
2014 $4,462 $24,047 $5,953 $18,094
2013 $4,374 $24,047 $5,953 $18,094
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10701855

Midwest Real Estate Data (MRED)

APN: 16093030080000