NOT LISTED FOR SALE

Estimated Value: $667,000 - $905,000

8 Beds
4 Baths
5,460 Sq Ft
$142/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $1,295,000 $237 Per Sq Ft

Est. 40% decrease in value since last sale

Current estimated payment $4,673/month

20 Days on Market

About This Home

As of May 2023

7 unit multi family close to shopping and public transportation. New roofs on units 3209-3211 & 3215-3219 and newer roof on 3203-3205. New paint and windows on all units. Triplex and 4 plex on separate tax lots, can be financed individually, available for sale together or separately. Please do not disturb the residents.

Last Agent to Sell the Property

Gabe Johansen

SMI Commercial Real Estate LLC License #201202003 Listed on: 03/24/2023

SMI Commercial Real Estate LLC

Last Buyer's Agent

PAUL KREWSON

MORE Realty Inc License #201217399

MORE Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,160

Year Built

  • Built in 1977

Lot Details

  • 0.32

Parking

  • Open Parking

Home Design

  • Composition Roof

Interior Spaces

  • 5,460 Sq Ft Home
  • 1-Story Property

Schools

  • Lincoln Park Elementary School
  • Ron Russell Middle School
  • David Douglas High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number R334560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,160

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1977
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt20000toAcres1

Exterior Features

  • Lot Size: 20,000 SqFt to .99 Acres
  • View: No
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Open
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Lincoln Park
  • High School: David Douglas
  • Middle Or Junior School: Ron Russell

Lot Info

  • Zoning: RM1
  • Parcel #: R334560
  • Assessor Parcel Number 2: R334561

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2022
  • Tax Annual Amount: 6159.51

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6
  • Number Of Units Total: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2023
Closed on
May 24, 2023
Sold by
Lt Investments Four Llc
Bought by
Jerome Adibonou and Jerome Modupe Adibonou
Seller's Agent
Gabe Johansen
SMI Commercial Real Estate LLC
Buyer's Agent
PAUL KREWSON
MORE Realty Inc
List Price
$1,295,000
Sold Price
$1,295,000
Views
66
Current Estimated Value
$774,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$520,296
Avg. Annual Appreciation
-20.01%
Original Mortgage
$576,000
Outstanding Balance
$563,619
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$204,460

Purchase Details

Closed on
Mar 14, 2022
Sold by
Liv Investments One Llc
Bought by
Advantage Equities 16120 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.92%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 19, 2019
Sold by
Otis Developments Llc
Bought by
Liv Investments One Llc and Lt Investments Four Llc

Purchase Details

Closed on
Aug 11, 2014
Sold by
Rickert Robert Allen and Rickert Kristine
Bought by
Otis Developments Llc

Purchase Details

Closed on
Mar 21, 2011
Sold by
Chan Sau Chun
Bought by
Chan King and Chan Sau Chun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,259
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2011
Sold by
Chan Sea Vei
Bought by
Chan Sau Chun and Chan King Tung

Purchase Details

Closed on
May 18, 2005
Sold by
Chan King Tung
Bought by
Chan Sau Chun and Chan Sea Vei

Purchase Details

Closed on
Mar 17, 2003
Sold by
Mastrantonio Jason R
Bought by
Chan King Tung and Chan Sau Chun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2002
Sold by
Powell Jack W
Bought by
Mastrantonio Jason R and Mastrantonio Pamela K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,200
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jerome Adibonou $720,000 Chicago Title
Advantage Equities 16120 Llc $96,000 Amerititle
Advantage Equities 16398 Llc $101,000 Amerititle
Liv Investments One Llc $840,000 Fidelity National Ttl Of Or
Otis Developments Llc -- None Available
Otis Developments Llc -- None Available
Chan King -- Lawyers Title
Chan Sau Chun -- None Available
Chan Sau Chun -- --
Chan King Tung $243,000 Transnation
Mastrantonio Jason R $208,000 First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jerome Adibonou $576,000
Previous Owner Advantage Equities 16398 Llc $300,000
Previous Owner Chan King Tung $194,400
Previous Owner Mastrantonio Jason R $187,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $1,295,000 0.0% $237 / Sq Ft
04/14/2023 04/14/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $1,295,000 +320.5% $237 / Sq Ft
09/04/2013 09/04/13 Sold $308,000 -3.7% $99 / Sq Ft
08/07/2013 08/07/13 Pending -- -- --
05/29/2013 05/29/13 For Sale $319,900 -- $103 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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
2024 $6,793 $284,760 -- --
2023 $6,498 $276,470 $0 $0
2022 $6,160 $268,420 $0 $0
2021 $6,058 $260,610 $0 $0
2020 $5,488 $253,020 $0 $0
2019 $5,314 $245,660 $0 $0
2018 $5,150 $238,510 $0 $0
2017 $4,960 $231,570 $0 $0
2016 $4,734 $224,830 $0 $0
2015 $4,073 $218,290 $0 $0
2014 $3,786 $211,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 23059922

Regional Multiple Listing Service (RMLS)

APN: R334560