NOT LISTED FOR SALE

Estimated Value: $510,246 - $593,000

4 Beds
2 Baths
2,500 Sq Ft
$224/Sq Ft Est. Value

Last Sold May 08, 2020

Last sale price $469,000 $188 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,564/month

5 Days on Market

Highlights

  • Baseboard Heating
  • Green Certified Home
  • Lap Siding
  • Cleveland High School Rated A-
  • Laundry Facilities
  • 1-Story Property

About This Home

As of May 2020

Charm throughout this Cozy 1948 Duplex! Hardwood floors, Coved ceilings with arched entry. Long-term tenants 6 & 9 Years! Full unfinished basement with each unit, shared laundry room with separate W & D w/outside entry. One unit complete with fully fenced side yard and deck.

Last Agent to Sell the Property

Patty Hopkins

Premiere Property Group, LLC License #930100028 Listed on: 02/08/2020

Premiere Property Group, LLC

Last Buyer's Agent

Karin Lambert

MORE Realty License #970900251

MORE Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,875

Year Built

  • Built in 1943

Lot Details

  • 6,534

Parking

  • Paved Parking

Home Design

  • Composition Roof
  • Lap Siding
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 2,500 Sq Ft Home
  • 1-Story Property
  • Unfinished Basement
  • Basement Storage

Eco-Friendly Details

  • Green Certified Home

Schools

  • Grout Elementary School
  • Hosford Middle School
  • Cleveland High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Rent includes sewer, trashcollection, water
  • Assessor Parcel Number R328174

Community Details

Building Details

  • Operating Expense $7,884
  • Gross Income $30,480
  • Net Operating Income $22,596

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,875

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 1
  • Year Built: 1943
  • Property Condition: Approximately
  • Property Attached Yn: No
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: StorageSpace, Unfinished
  • Storage: Attached,Basement
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: Cedar,LapSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Road Surface Type: Paved
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Paved
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Internet Service Type: Other
  • Security: Unknown
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Laundry

Schools

  • Elementary School: Grout
  • High School: Cleveland
  • Middle Or Junior School: Hosford

Lot Info

  • Zoning: R-2
  • Parcel #: R328174

Green Features

  • Green Certification: Yes

Rental Info

  • Rent Includes: Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2018
  • Tax Annual Amount: 4874.8

Multi Family

  • Unit Type: UnitTypeType1
  • Number Of Units Total: 2
  • Gross Rent Multiplier: 15.38
  • Annual Gross Income: 30480.0
  • Property Net Operating Income: 22596.0
  • Annual Operating Expense: 7884.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2020
Closed on
Mar 24, 2020
Sold by
Converse Gary and Carter Patricia
Bought by
Kisler Spencer H D
Seller's Agent
Patty Hopkins
Premiere Property Group, LLC
Buyer's Agent
Karin Lambert
MORE Realty
List Price
$468,830
Sold Price
$469,000
Premium/Discount to List
$170
0.04%
Current Estimated Value
$560,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,062
Avg. Annual Appreciation
2.80%
Original Mortgage
$460,505
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 6, 2015
Sold by
Converses 36Th Avenue Llc
Bought by
Converse Gary and Carter Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2009
Sold by
Converse Gary E
Bought by
Converses 36Th Avenue Llc
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
Kisler Spencer H D $469,000 First American
Kisler Spencer H D $469,000 First American
Converse Gary $220,500 Old Republic
Converse Gary $220,500 Old Republic
Converses 36Th Avenue Llc -- Ticor Title
Converses 36Th Avenue Llc -- Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kisler Spencer Hd $460,000
Closed Kisler Spencer H D $460,505
Previous Owner Converse Gary $220,500
Previous Owner Converses 36Th Ave Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2020 05/08/20 Sold $469,000 0.0% $188 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
02/08/2020 02/08/20 For Sale $468,830 -- $188 / 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
2024 $6,146 $229,700 -- --
2023 $6,146 $223,010 $0 $0
2022 $5,782 $216,520 $0 $0
2021 $5,684 $210,220 $0 $0
2020 $5,214 $204,100 $0 $0
2019 $5,023 $198,160 $0 $0
2018 $4,875 $192,390 $0 $0
2017 $4,672 $186,790 $0 $0
2016 $4,276 $181,350 $0 $0
2015 $4,164 $176,070 $0 $0
2014 $4,101 $170,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 20603144

Regional Multiple Listing Service (RMLS)

APN: R328174