NOT LISTED FOR SALE

Estimated Value: $418,000

4 Beds
4 Baths
2,428 Sq Ft
$172/Sq Ft Est. Value

Sale Details

Date Sold: July 19, 2017

Last sale price $70,000 $29 Per Sq Ft

Est. 497% increase in value since last sale

Current estimated payment $2,635 / mo

4 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Johnson Magnet Rated A-
  • 4-minute walk to May Park

About This Home

As of July 2017

Wonderful investment property in historic Olde Towne. Fully leased, new metal roof installed in 2013. All electrical up to code. Siding is 5 years old, heart pine flooring. Great investment property in historic Olde Towne. Fully leased - Yearly income is currently $20,880. New energy efficient windows. New Vinyl Siding installed 5 years ago. Seller wants to sell both properties as a package. Seller will consider financing the purchase if a minimum downpayment of 1/3 is made.

Last Agent to Sell the Property

David Steele

Blanchard & Calhoun - SN License #355474 Listed on: 06/03/2017

Last Buyer's Agent

April Mitchem

Douglas Lane Real Estate Group License #368853

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1896

Lot Details

  • 5,227 Sq Ft Lot

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Space Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, heating, trash collection
  • The owner pays for sewer, water
  • Assessor Parcel Number 0474347000

Community Details

Overview

  • 4 Units
  • Old Towne Subdivision

Building Details

  • Gross Income $83,520

Property Details

Home Type

Multi-Family

Year Built

Built in 1896

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1896
  • Property Sub Type: Multi Family
  • Original List Price: 80000.00
  • Is New Construction?: No
  • List Price Per Acre: 666666.67
  • List Price Per Sqft: 32.94
  • Special Features: None

Interior Features

  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Bathrooms Total Source: MLS
  • Bathrooms Total Notational: 4.00

Garage/Parking

  • Parking Features: Other, See Remarks

Utilities

  • Water Source: Public
  • Cooling: Central Air, Window Unit(s)
  • Heating: Forced Air, Space Heater, Other, See Remarks
  • Sewer Provider: Public Sewer

Condo/Co-op/Association

  • Community Features: Other, See Remarks

Schools

  • Elementary School: Other
  • High School: OTHER
  • Middle Or Junior School: OTHER

Lot Info

  • Lot Size Acres: 0.12
  • Lot Size: 0
  • Lot Size Sq Ft: 5227.20
  • Purchase Contract Date: 2017-06-07
  • Parcel#: 0474347000
  • Deed Book And Page: 789 1764
  • Plat Book And Page: O
  • Quadrant: 1RI
  • Permitted Use: Public

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Heating, Trash Collection
  • Owner Pays: Sewer, Water
  • Appraiser: Unknown

Tax Info

  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2017
Closed on
Jul 19, 2017
Sold by
Detchemendy Mark L
Bought by
Beamaugusta Corp
Seller's Agent
David Steele
Blanchard & Calhoun - SN
Buyer's Agent
April Mitchem
Douglas Lane Real Estate Group
List Price
$80,000
Sold Price
$70,000
Premium/Discount to List
-$10,000
-12.5%
Current Estimated Value
$418,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,000
Avg. Annual Appreciation
22.66%

Purchase Details

Closed on
Feb 3, 2006
Sold by
Sanders Ralph S
Bought by
Detchemendy Mark and Detchemendy Luke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 10, 2002
Sold by
Sanders Ralph S
Bought by
Detchemendy Mark L and Detchemendy Luke

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,200
Interest Rate
10.05%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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

Purchase History

Date Buyer Sale Price Title Company
Beamaugusta Corp $70,000 --
Detchemendy Mark -- None Available
Detchemendy Mark L $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Detchemendy Mark $67,500
Previous Owner Detchemendy Mark L $52,200
Closed Detchemendy Mark L $9,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2017 07/19/17 Sold $70,000 -12.5% $29 / Sq Ft
06/07/2017 06/07/17 Pending -- -- --
06/03/2017 06/03/17 For Sale $80,000 -- $33 / Sq Ft
Source: Hive MLS

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 $5,025 $111,739 $2,112 $109,627
2024 $5,025 $127,507 $2,112 $125,395
2023 $3,496 $88,800 $2,112 $86,688
2022 $3,241 $72,000 $2,112 $69,888
2021 $2,684 $25,923 $2,112 $23,811
2020 $2,824 $25,923 $2,112 $23,811
2019 $2,124 $25,923 $2,112 $23,811
2018 $2,093 $29,074 $2,112 $26,962
2017 $2,189 $35,392 $762 $34,630
2016 $2,190 $35,392 $762 $34,630
2015 $1,762 $23,198 $762 $22,437
2014 $1,763 $23,198 $762 $22,437
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Hive MLS

MLS Number: 414327

Hive MLS

APN: 0474347000

Your Personal Tour Guide

Ask me questions while you tour the home.