NOT LISTED FOR SALE

Estimated Value: $595,735 - $693,000

5 Beds
4 Baths
2,515 Sq Ft
$251/Sq Ft Est. Value

Last Sold August 10, 2021

Last sale price $530,500 $211 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,801/month

3 Days on Market

Highlights

  • Corner Lot
  • Garage
  • Heat Pump System
  • Property is near bus stop
  • Wood Siding
  • 1-Story Property

About This Home

As of August 2021

Spacious Duplex in the heart of Ferry Street Bridge! 3 bedrooms/2 bathrooms on one side and 2 bedrooms/1.5 bathrooms on the other. Each unit offers its a private fenced backyard, separate utilities and own heat pump for heating/cooling. Home is conveniently located on a bus line, close to schools, shopping, and restaurants!

Last Agent to Sell the Property

Eric Hayes

ICON Real Estate Group Brokerage Email: ICON@TheICONREGroup.com License #201205342 Listed on: 07/14/2021

ICON Real Estate Group

Last Buyer's Agent

Dan Gandee

Real Broker License #201235300

Real Broker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,274

Year Built

  • Built in 1970

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Composition Roof
  • Wood Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,515 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Parking

  • Garage
  • Carport

Location

  • Property is near bus stop

Schools

  • Bertha Holt Elementary School
  • Monroe Middle School
  • Sheldon High School

Utilities

  • No Cooling
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0983013

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $5,275
  • Gross Income $17,400
  • Net Operating Income $12,125

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,274

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1970
  • Property Attached Yn: No
  • Current Price For Status: 530500.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: CrawlSpace
  • Storage: Deck,Garage
  • Total Bedrooms: 5
  • Lot Size Range: SqFt10000to14999

Exterior Features

  • Exterior Description: WoodSiding
  • Lot Size: 10,000 to 14,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: CornerLot, Level, OnBusline
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Carport, Garage
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Cooling Y N: No
  • Heating: HeatPump
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Bertha Holt
  • High School: Sheldon
  • Middle Or Junior School: Monroe

Lot Info

  • Zoning: 242
  • Parcel #: 0983013

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Deferral: No
  • Tax Year: 2020
  • Tax Annual Amount: 5273.72

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 30.17
  • Annual Gross Income: 17400.0
  • Property Net Operating Income: 12125.0
  • Annual Operating Expense: 5275.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Aug 6, 2021
Sold by
Sears William E and Sears Terry Lee
Bought by
Grudzien Michael C and Sears Terry Lee
Seller's Agent
Eric Hayes
ICON Real Estate Group
Buyer's Agent
Dan Gandee
Real Broker
List Price
$525,000
Sold Price
$530,500
Premium/Discount to List
$5,500
1.05%
Current Estimated Value
$630,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,934
Avg. Annual Appreciation
3.99%
Original Mortgage
$150,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 14, 2021
Closed on
Jul 29, 2021
Sold by
Formatin Michelle Claire and Formatin Michelle Claire
Bought by
Grudzien Michael C and Sears Terry Lee
Seller's Agent
Eric Hayes
ICON Real Estate Group
Buyer's Agent
Dan Gandee
Real Broker
List Price
$525,000
Sold Price
$530,500
Premium/Discount to List
$5,500
1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 14, 2020
Sold by
Claire Michelle
Bought by
Claire Michelle and Michelle Claire Formatin Living Trust
Source: Public Records
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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
Grudzien Michael C -- Cascade Title Co
Grudzien Michael C -- Cascade Title Co
Grudzien Michael C $530,500 Cascade Title Co
Claire Michelle -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Grudzien Michael C $150,000
Open Grudzien Michael C $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/10/2021 08/10/21 Sold $530,500 +1.0% $211 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $525,000 -- $209 / 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 $6,048 $310,392 -- --
2024 $5,972 $301,352 -- --
2023 $5,972 $292,575 $0 $0
2022 $5,595 $284,054 $0 $0
2021 $5,255 $275,781 $0 $0
2020 $5,274 $267,749 $0 $0
2019 $5,093 $259,951 $0 $0
2018 $4,794 $245,029 $0 $0
2017 $4,579 $245,029 $0 $0
2016 $4,359 $237,892 $0 $0
2015 $4,184 $230,963 $0 $0
2014 $4,173 $224,236 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21653135

Regional Multiple Listing Service (RMLS)

APN: 0983013