$445,000
SOLD MAY 14, 2025
-- Bed
-- Bath
1,756 Sq Ft
8,973 Sq Ft Lot

Recently Sold

$253 Per Sq Ft

2% Below List Price

48 Days on Market

Highlights

  • No HOA
  • Radiant Heating System
  • 2-minute walk to Bob Keefer Center
  • Fireplace
  • 1-Story Property

About This Home

As of May 2025

Great investment duplex property! Long term tenants and good rental history Rents 1,195 and 1,190, One unit will be vacant at the end of March. Rent can be raised to market rate with your new tenant or use it as an owner occupied unit. Exterior paint 5 years ago. Tenants have been in place since 2019 and 2020., Both tenants treat the property as their own and take care of whatever they are able to do. Property is in good condition with some updating and upgrades. Property manager said this property is always easy to rent. Please do not disturb the tenants. Seller intends to perform a 1031 exchange at no additional cost to Buyer. Buyer agrees to cooperate with Seller to facilitate the exchange. One side will be vacant April 1st 2025.

Last Agent to Sell the Property

Rick Richardson

Rick Richardson Real Estate Sv License #910800157 Listed on: 03/07/2025

Last Buyer's Agent

KayDee Hallert

Better Homes and Gardens Real Estate Equinox License #200605354

Better Homes and Gardens Real Estate Equinox

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,370

Year Built

  • Built in 1977

Parking

  • 2 Car Garage

Home Design

  • Plywood Siding Panel T1-11

Interior Spaces

  • 1-Story Property
  • Fireplace

Schools

  • Douglas Gardens Elementary School
  • Agnes Stewart Middle School
  • Springfield High School

Utilities

  • No Cooling
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 1156957

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $3,371
  • Gross Income $27,660
  • Net Operating Income $24,290

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,370

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1977
  • Property Condition: Existing
  • Property Attached Yn: No
  • Current Price For Status: 445000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Lot Size Range: SqFt7000to9999

Exterior Features

  • Exterior Description: Plywood,T111Siding
  • Lot Size: 7,000 to 9,999 SqFt
  • View: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Total Parking Spaces: 2.0

Utilities

  • Fuel Description: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiant
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Douglas Gardens
  • High School: Springfield
  • Middle Or Junior School: Agnes Stewart

Lot Info

  • Zoning: R1
  • Parcel #: 1156957

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 3370.35

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 16.45
  • Annual Gross Income: 27660.0
  • Property Net Operating Income: 24290.0
  • Annual Operating Expense: 3371.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2025
Closed on
May 12, 2025
Sold by
Clark Diane M and Clark Dennis R
Bought by
Abts Diane M
Seller's Agent
Rick Richardson
Rick Richardson Real Estate Sv
Buyer's Agent
KayDee Hallert
Better Homes and Gardens Real Estate Equinox
List Price
$455,000
Sold Price
$445,000
Premium/Discount to List
-$10,000
-2.2%
Views
54
Current Estimated Value
$440,011

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,989
Avg. Annual Appreciation
-1.99%
Original Mortgage
$311,500
Outstanding Balance
$309,833
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$130,178

Purchase Details

Listed on
Mar 7, 2025
Closed on
Apr 25, 2025
Sold by
Abts Diane M
Bought by
Hallert Benjamin F and Hallert Katherine D
Seller's Agent
Rick Richardson
Rick Richardson Real Estate Sv
Buyer's Agent
KayDee Hallert
Better Homes and Gardens Real Estate Equinox
List Price
$455,000
Sold Price
$445,000
Premium/Discount to List
-$10,000
-2.2%
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,500
Outstanding Balance
$309,833
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$130,178
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Bargain Sale Deed -- First American Title
Warranty Deed $445,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $311,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2025 05/14/25 Sold $445,000 -2.2% $253 / Sq Ft
04/24/2025 04/24/25 Pending -- -- --
03/07/2025 03/07/25 For Sale $455,000 -- $259 / 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
2025 $3,426 $186,820 -- --
2024 $3,370 $181,379 -- --
2023 $3,370 $176,097 $0 $0
2022 $3,122 $170,968 $0 $0
2021 $3,066 $165,989 $0 $0
2020 $2,976 $161,155 $0 $0
2019 $2,887 $156,462 $0 $0
2018 $2,721 $147,481 $0 $0
2017 $2,616 $147,481 $0 $0
2016 $2,561 $143,185 $0 $0
2015 $2,488 $139,015 $0 $0
2014 $2,451 $134,966 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 374287986

Regional Multiple Listing Service (RMLS)

APN: 1156957