NOT LISTED FOR SALE

Estimated Value: $376,466 - $588,000

9 Beds
3 Baths
3,520 Sq Ft
$134/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $327,000 $93 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,267/month

101 Days on Market

Highlights

  • 0.21 Acre Lot
  • No HOA
  • Private Driveway
  • Corner Lot
  • 2 Car Detached Garage

About This Home

As of October 2022

Investors take note of this huge, well cared-for 3 family with 3 bedrooms and 1 bath per unit plus rarely found, dining rooms! Don't miss this fully occupied property, which is an excellent opportunity for any investor looking for a cash-flowing asset with huge rental upside potential. Featuring hardwood floors throughout, gas heat, hot water and cooking. Separate washer/dryer hookups in basement as well as separate mechanicals. Upgraded plumbing and electrical/house meter. Detached 2 car garage with off street parking, and partially fenced-in backyard. Located on a one-way street; on a corner lot with the driveway off of Sherman Parkway offering increased privacy. This one won't last as the property is fully leased, with great long term tenants and provides a stable cash flow with enormous rental upside potential. All leases written month to month. seller will not have anyone vacate as a condition to purchase contract

Last Agent to Sell the Property

Jorge Zea

Blue Lighthouse Realty, Inc License #REB.0790521 Listed on: 06/15/2022

Last Buyer's Agent

Jorge Zea

Blue Lighthouse Realty, Inc License #REB.0790521 Listed on: 06/15/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,743

Year Built

  • Built in 1900

Lot Details

  • 9,148 Sq Ft Lot
  • Corner Lot

Home Design

  • 3,520 Sq Ft Home
  • Brick Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Private Driveway
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,743

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3520
  • Public Record Living Room Sq Ft: 3520
  • Total Sq Ft: 3520
  • Year Built: 1900
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 5050
  • Tax Year Updated Dt: 07/13/2022
  • Directions: Sherman Parkway to corner of Harding Place
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Unfinished
  • Attic: No
  • Street Number Modifier: 40

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Brick
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Off Street Parking
  • Garages Number: 2
  • Driveway Type: Private

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.2100
  • Lot Description: Corner Lot
  • Zoning: RM2

Multi Family

  • Gross Annual Income: 43200
  • Unit Count: 3
  • Total Multi Family: 17
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 8743
  • Total Assessed Value: 219940
  • Mil Rate Base: 39.750
  • Mil Rate Total: 39.750
  • Assessor Parcel Number: 1252811

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Oct 18, 2022
Sold by
Ventures Petrelis
Bought by
Abcd Homes De Llc
Seller's Agent
Jorge Zea
Blue Lighthouse Realty, Inc
Buyer's Agent
Jorge Zea
Blue Lighthouse Realty, Inc
List Price
$435,000
Sold Price
$327,000
Premium/Discount to List
-$108,000
-24.83%
Views
30
Current Estimated Value
$470,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,617
Avg. Annual Appreciation
11.52%

Purchase Details

Closed on
Feb 22, 1995
Sold by
First Fed Bk
Bought by
Mrh Adventures Llc

Purchase Details

Closed on
Oct 6, 1994
Sold by
Smith Austrolia
Bought by
First Fed Bk
Source: Public Records

Range of Values:

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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
Abcd Homes De Llc $327,000 None Available
Mrh Adventures Llc $4,500 --
First Fed Bk $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner First Fed Bk $163,000
Previous Owner First Fed Bk $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2022 10/21/22 Sold $327,000 -11.4% $93 / Sq Ft
09/24/2022 09/24/22 Pending -- -- --
08/10/2022 08/10/22 Price Changed $369,000 -7.5% $105 / Sq Ft
06/21/2022 06/21/22 Price Changed $399,000 -8.3% $113 / Sq Ft
06/15/2022 06/15/22 For Sale $435,000 -- $124 / Sq Ft
Source: SmartMLS

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 $8,666 $219,940 $35,140 $184,800
2024 $8,468 $219,940 $35,140 $184,800
2023 $8,182 $219,940 $35,140 $184,800
2022 $8,743 $219,940 $35,140 $184,800
2021 $5,811 $132,440 $28,070 $104,370
2020 $5,811 $132,440 $28,070 $104,370
2019 $5,692 $132,440 $28,070 $104,370
2018 $5,692 $132,440 $28,070 $104,370
2017 $5,123 $132,440 $28,070 $104,370
2016 $3,956 $95,200 $12,460 $82,740
2015 $3,956 $95,200 $12,460 $82,740
2014 $3,956 $95,200 $12,460 $82,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170500720

SmartMLS

APN: NHVN-000291-000430-000100