NOT LISTED FOR SALE
16 Beds
8 Baths
-- Sq Ft
0.36 Acres

Last Sold May 25, 2021

Last sale price $320,000

21 Days on Market

About This Home

As of May 2021

Rehabbed, fully leased and ready to go! New roof in 2012, Certainteed Landmark shingles, new soffit, ridge vent. Complete exterior remodel in 2013 including siding, windows, gutters, cedar columns. Replaced west drive in 2017 with 6" concrete. Units remodeled as needed - LVP flooring and carpets, appliances, cabinets, etc. Age Est. (not listed). Owner will be aggressive on a package sale with 318-320 Riley (MLS #11039148)

Last Agent to Sell the Property

Laura Pritts

AXIS 360 LLC* License #471021573 Listed on: 04/01/2021

Co-Listed By

Roger Massey

Coldwell Banker Real Estate Group License #475128291

Last Buyer's Agent

Laura Pritts

AXIS 360 LLC* License #471021573 Listed on: 04/01/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,554

Year Built

  • 1960

Lot Details

  • 0.36

Home Design

  • Vinyl Siding

Utilities

  • Window Unit Cooling System

Community Details

  • Fuel Expense $2,481
  • Insurance Expense $2,587
  • Manager Expense $2,765

Listing and Financial Details

  • Tenant pays for air conditioning, electric, water/sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,554

Year Built

1960

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2020
  • Net Oper Income: 26046
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 785
  • Roof Coverings: Shingle Composition
  • Scavenger Expense: 1401
  • Total Annual Exp: 20032
  • Total Annual Income: 48240
  • Total Monthly Income: 4020
  • Number of Ranges: 8
  • Number Of Refrigs: 8
  • Number Of Window A C: 8
  • Number Of Stories: 2
  • Estimated Year Built: 1960
  • Type Multi Family: Corridor-Interior Entrance, Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1960

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Acreage: 0.36

Garage/Parking

  • Number Of Parking Spaces: 8

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Forced Air, Gas
  • Water Expense: 355

Condo/Co-op/Association

  • Units in Building: 8
  • Manager Expense: 2765

Fee Information

  • Electricity Expense: 1302

Lot Info

  • Lot Dimensions: 105 X 150
  • Lot Sq Ft: 15750
  • Parcel Identification Number: 1435355013
  • BNAR Zoning: R3A

Rental Info

  • Gross Rental Income: 48240
  • Tenant Pays: Air Conditioning, Electric, Water/Sewer

Multi Family

  • Expense Year: 2020
  • Fuel Expense: 2481
  • Insurance Expense: 2587
  • Other Expenses: 1192
  • Number Of Dryers: 1
  • Number Of Washers: 1

Tax Info

  • Taxes: 7164

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
May 25, 2021
Sold by
Kaisner Daton F and Finley Gregory R
Bought by
Riley Re Llc
Seller's Agent
Laura Pritts
AXIS 360 LLC*
Buyer's Agent
Laura Pritts
AXIS 360 LLC*
List Price
$370,000
Sold Price
$320,000
Premium/Discount to List
-$50,000
-13.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,000
Outstanding Balance
$405,534
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Riley Re Llc $820,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riley Re Llc $656,000
Previous Owner Kaisner Daton F $498,000
Previous Owner Kaisner Daton F $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2021 05/25/21 Sold $320,000 -13.5% --
04/22/2021 04/22/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $370,000 -- --
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
2024 $7,554 $117,826 $22,272 $95,554
2022 $7,554 $88,886 $16,802 $72,084
2021 $7,150 $84,135 $15,904 $68,231
2020 $7,131 $84,135 $15,904 $68,231
2019 $7,110 $84,135 $15,904 $68,231
2018 $6,942 $82,485 $15,592 $66,893
2017 $6,944 $82,485 $15,592 $66,893
2016 $6,932 $82,485 $15,592 $66,893
2015 $7,321 $87,360 $16,514 $70,846
2014 $7,089 $87,360 $16,514 $70,846
2013 -- $87,360 $16,514 $70,846
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11039153

Midwest Real Estate Data (MRED)

APN: 14-35-355-013