NOT LISTED FOR SALE

Estimated Value: $343,000 - $457,000

6 Beds
3 Baths
2,346 Sq Ft
$175/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $360,000 $153 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,711/month

1 Day on Market

Highlights

  • Property is near public transit
  • Central Heating and Cooling System
  • Ceiling Fan
  • No HOA
  • Combination Dining and Living Room
  • Fenced

About This Home

As of November 2021

Own a fully occupied triplex in highly desired area. This property qualifies for FHA Financing, have your owner acquire his first property and start building equity instantly. Current rents are under market with opportunity to increase a net income.

Last Agent to Sell the Property

Steve Healy

CORCORAN PREMIER REALTY License #3031216 Listed on: 10/25/2021

CORCORAN PREMIER REALTY

Last Buyer's Agent

Maor Iluz

ROI AVE LLC License #3498838

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,247

Year Built

  • Built in 1985

Lot Details

  • 0.33 Acre Lot
  • Fenced

Home Design

  • Triplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,346 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room
  • Range with Range Hood

Flooring

  • Carpet
  • Laminate

Location

  • Property is near public transit

Schools

  • Cypress Park Elementary School
  • Judson B Walker Middle School
  • Oak Ridge High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2,394 Sq Ft Building
  • Sphaler Add To Taft Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,247

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 2346
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 1985
  • Building Area Total: 2394
  • Lot Size Sq Ft: 14292
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5981982?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5981982?w=Customer
  • Unit Count: 1
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Subdivision Num: 8228
  • Ratio: Close Price\List Price: 0.94987
  • Price per Sq Ft: 153.45
  • Close to Original List Price Ratio: 0.94987
  • Ratio: Current Price\Building Area Total: 150.38
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo
  • Appliances Included: Electric Water Heater, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved, Concrete
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None

Schools

  • Elementary School: Cypress Park Elem
  • High School: Oak Ridge High
  • Middle Or Junior School: Judson B Walker Middle

Lot Info

  • Zoning: R-2
  • Parcel Number: 36-23-29-8228-50-301
  • Additional Parcels: No
  • Lot Features: Near Public Transit
  • Flood Zone Code: x
  • Future Land Use: 0800

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3247
  • Tax Block: 50
  • Tax Book Number: 000D/0114
  • Tax Lot: 301

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Nov 29, 2021
Sold by
Rahamim Eric H and Donovan Sarah A
Bought by
Rahamim Eric
Seller's Agent
Steve Healy
CORCORAN PREMIER REALTY
Buyer's Agent
Maor Iluz
ROI AVE LLC
List Price
$379,000
Sold Price
$360,000
Premium/Discount to List
-$19,000
-5.01%
Current Estimated Value
$410,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,563
Avg. Annual Appreciation
3.26%
Original Mortgage
$270,000
Outstanding Balance
$248,263
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$162,300

Purchase Details

Closed on
Jun 2, 2010
Sold by
Deutsche Bank Trust Company Americas
Bought by
Donovan Ii David H and Donovan Sarah A

Purchase Details

Closed on
Jan 8, 2010
Sold by
Makedonsky Billy
Bought by
Deutsche Bank Trust Company Americas

Purchase Details

Closed on
Nov 20, 2009
Sold by
Dovie Susan
Bought by
Makedonsky Billy

Purchase Details

Closed on
Mar 3, 2009
Sold by
Makendonsky Billy
Bought by
Doyle Susan and 328 Pine St Residential Land Trust

Purchase Details

Closed on
Oct 26, 2004
Sold by
Ramchurejee Margaret
Bought by
Makedonsky Billy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
5.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 4, 2003
Sold by
Ledesma Maria and Ledesma Julio
Bought by
Ramchurejee Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,750
Interest Rate
6.13%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 30, 2001
Sold by
James B Brown M
Bought by
Ledesme Julio and Ledesme Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
6.85%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Rahamim Eric $360,000 Premier Title Services
Donovan Ii David H $70,000 Attorney
Deutsche Bank Trust Company Americas -- Attorney
Makedonsky Billy -- None Available
Doyle Susan -- None Available
Makedonsky Billy $199,000 Fidelity National Title Ins
Ramchurejee Margaret $123,500 Chelsea Title Company
Ledesme Julio $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahamim Eric $270,000
Previous Owner Makedonsky Billy $159,200
Previous Owner Ramchurejee Margaret $61,750
Previous Owner Ledesme Julio $81,000
Closed Makedonsky Billy $39,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2021 11/29/21 Sold $360,000 -5.0% $153 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $379,000 -- $162 / Sq Ft
Source: Stellar MLS

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 $6,765 $384,670 $100,000 $284,670
2024 $6,063 $366,040 $95,000 $271,040
2023 $6,063 $342,953 $90,000 $252,953
2022 $5,405 $294,376 $80,000 $214,376
2021 $3,771 $223,841 $70,000 $153,841
2020 $3,535 $225,258 $70,000 $155,258
2019 $3,515 $226,675 $70,000 $156,675
2018 $3,157 $186,681 $60,000 $126,681
2017 $2,723 $141,504 $18,000 $123,504
2016 $2,594 $137,951 $18,000 $119,951
2015 $2,494 $128,798 $18,000 $110,798
2014 $2,350 $104,185 $17,000 $87,185
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5981982

Stellar MLS

APN: 36-2329-8228-50-301