NOT LISTED FOR SALE
5 Beds
5 Baths
3,880 Sq Ft
6,250 Sq Ft Lot

Last Sold September 29, 2022

Last sale price $285,000 $73 Per Sq Ft

18 Days on Market

About This Home

As of September 2022

Property is improved with a 2-story over basement/garden level, 5-unit, walk-up apartment building. The unit mix consists of (5) 1-bedroom/1- bathroom apartments one of which is located in the garden level/basement. Average unit size is +/- 776 square feet. Roof is 4 years old.

Last Agent to Sell the Property

John Parrish

Spartan Real Estate & Dev. License #471005766 Listed on: 06/24/2022

Last Buyer's Agent

Rosalyn Williams Palmer

Charles Rutenberg Realty License #475150645

Charles Rutenberg Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,815

Year Built

  • Built in 1961

Lot Details

  • 6,250 Sq Ft Lot
  • Lot Dimensions are 50 x 125
  • Additional Parcels

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,880 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • 100 Amp Service

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $300
  • Fuel Expense $2,800
  • Insurance Expense $2,504
  • Maintenance Expense $225
  • Other Expense $1,440
  • Trash Expense $1,800
  • Water Sewer Expense $120
  • Operating Expense $10,269
  • Gross Income $39,180
  • Net Operating Income $28,911

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,815

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Other
  • Stories: 2
  • Year Built: 1961
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplaces: 1
  • Refrigerators: 5
  • Ranges: 5
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Exterior Building Type: Brick
  • Roof Structure: Flat

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Electric: Service - 101 to 200 Amps
  • Heat/Ventilation: Gas,Hot Water

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1800
  • Water Sewer Expenses: 120

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 50 X 125
  • Lot Size Sq Ft: 6250
  • Zoning: OTHER

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 10

Building Info

  • BuildingAreaTotal: 3880

Multi Family

  • Net Operating Income: 28911
  • Fuel Expense: 2800
  • Insurance Expense: 2504
  • ElectricExpense: 300
  • GrossIncome: 39180
  • Maintenance Expense: 225
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 10269
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 2815
  • Tax Year: 2020
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2022 09/29/22 Sold $285,000 -3.4% $73 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $295,000 -- $76 / Sq Ft
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
2025 $1,832 $14,875 $1,875 $13,000
2024 $1,832 $14,875 $1,875 $13,000
2023 $1,787 $8,665 $4,063 $4,602
2022 $1,787 $8,665 $4,063 $4,602
2021 $1,747 $8,664 $4,062 $4,602
2020 $1,408 $6,303 $2,500 $3,803
2019 $1,443 $7,163 $2,500 $4,663
2018 $1,418 $7,163 $2,500 $4,663
2017 $2,646 $12,263 $2,187 $10,076
2016 $2,462 $12,263 $2,187 $10,076
2015 $2,253 $12,263 $2,187 $10,076
2014 $2,145 $11,532 $1,875 $9,657
2013 $2,102 $11,532 $1,875 $9,657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11446200

Midwest Real Estate Data (MRED)