NOT LISTED FOR SALE

Estimated Value: $425,000 - $650,000

4 Beds
2 Baths
1,497 Sq Ft
$369/Sq Ft Est. Value

Last Sold March 28, 2017

Last sale price $200,900 $134 Per Sq Ft

Est. 175% increase in value since last sale

Current estimated payment $3,536/month

20 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • 2-minute walk to Brian H Chappell Park
  • Terrazzo Flooring

About This Home

As of March 2017

great investment just needs a little tic both side rented

Last Agent to Sell the Property

Tom Bishop

TradeWind Real Estate Corp License #3068213 Listed on: 03/07/2017

Co-Listed By

Dianne Chandler

TradeWind Real Estate Corp License #3060754

Last Buyer's Agent

Newmon Mathai

Sobri Realty Group LLC License #3238158

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,598

Year Built

  • Built in 1960

Lot Details

  • 6,821 Sq Ft Lot

Home Design

  • Duplex
  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 1,497 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $26,400
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 74434304120000010

Community Details

Overview

  • 2 Units
  • Ingham Shores Subdivision

Building Details

  • Operating Expense $3,000
  • Net Operating Income $23,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,598

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: 45 street east to flager north to 53rd
  • Year Built: 1960
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 1497.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Flat, Tile

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 74434304120000010
  • Lot Size Sq Ft: 6821.0
  • Zoning Description: MF32(c
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 23400.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 3000.0
  • Total Actual Rent: 26400.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2598.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2017
Closed on
Mar 28, 2017
Sold by
Bishop Gene Thomas and The 341 53Rd Land Trust
Bought by
Pipkin Llc
Seller's Agent
Tom Bishop
TradeWind Real Estate Corp
Buyer's Agent
Newmon Mathai
Sobri Realty Group LLC
List Price
$199,900
Sold Price
$200,900
Premium/Discount to List
$1,000
0.5%
Current Estimated Value
$551,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,913
Avg. Annual Appreciation
12.61%

Purchase Details

Closed on
Dec 21, 2015
Sold by
Siskind Jeffrey M
Bought by
Bishop Gene Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.92%
Mortgage Type
Stand Alone First

Purchase Details

Listed on
Mar 8, 2011
Closed on
Jul 11, 2012
Sold by
Disston Robin J
Bought by
Siskind Jeffrey M
Seller's Agent
JONATHAN MANN
The Corcoran Group
Buyer's Agent
JONATHAN MANN
The Corcoran Group
List Price
$57,500
Sold Price
$57,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.56%

Purchase Details

Closed on
Jan 28, 2005
Sold by
Peart Roseline Dorcas and Daley Keith Maurice
Bought by
Disston Robin J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
4.79%
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
Pipkin Llc $200,900 Title Trust Services Llc
Bishop Gene Thomas $130,000 Title Trust Services Llc
Siskind Jeffrey M -- Attorney
Disston Robin J $250,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bishop Gene Thomas $100,000
Previous Owner Disston Robin J $187,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2017 03/28/17 Sold $200,900 +0.5% $134 / Sq Ft
03/07/2017 03/07/17 For Sale $199,900 +247.7% $134 / Sq Ft
06/22/2012 06/22/12 Sold $57,500 0.0% $38 / Sq Ft
06/21/2012 06/21/12 Pending -- -- --
03/08/2011 03/08/11 For Sale $57,500 -- $38 / Sq Ft
Source: BeachesMLS

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 $7,332 $271,345 -- --
2023 $7,133 $246,677 $340,000 $161,498
2022 $5,549 $224,252 $0 $0
2021 $5,045 $235,737 $136,000 $99,737
2020 $4,578 $201,942 $88,000 $113,942
2019 $4,372 $201,942 $88,000 $113,942
2018 $3,610 $153,167 $81,563 $71,604
2017 $2,550 $104,985 $54,375 $50,610
2016 $2,598 $104,985 $0 $0
2015 $2,521 $98,812 $0 $0
2014 $2,606 $101,257 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10314576

BeachesMLS

APN: 74-43-43-04-12-000-0010