NOT LISTED FOR SALE
15 Beds
9 Baths
-- Sq Ft
5,663 Sq Ft Lot

Last Sold October 07, 2020

Last sale price $179,900

6 Days on Market

About This Home

As of October 2020

All brick 9 unit apartment building each with there own balcony and price includes 4 bedroom 2 bath house next to it at 503 N Lee. So much potential! Tenants pay all electric and gas. Each unit has its own furnace. Lots of hardwood and wood trim and beams. Long term tenants, Two left vacant to show. Close to downtown shopping and businesses. Both buildings to sell together. Great value for investor

Last Agent to Sell the Property

Mark Haeffle

Coldwell Banker Real Estate Group License #475135462 Listed on: 08/31/2020

Coldwell Banker Real Estate Group

Last Buyer's Agent

Cindy Eckols

RE/MAX Choice License #475130274

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,782

Year Built

  • 1890

Lot Details

  • 5,663

Community Details

  • Fuel Expense $2,188
  • Insurance Expense $6,000

Listing and Financial Details

  • Tenant pays for electric, heat

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,782

Year Built

1890

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Individual
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Oper Income: 19080
  • Repairs Decor Expense: 12000
  • Scavenger Expense: 1055
  • Total Annual Exp: 28620
  • Total Annual Income: 47700
  • Total Monthly Income: 3975
  • Number Of Stories: 3
  • Estimated Year Built: 1890
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1890

Exterior Features

  • Acreage: 0.13

Garage/Parking

  • Number Of Parking Spaces: 5

Utilities

  • Heatventilation: Gas
  • Water Expense: 3200

Condo/Co-op/Association

  • Units in Building: 9

Fee Information

  • Electricity Expense: 1783
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 66X90
  • Parcel Identification Number: 2104158006
  • BNAR Zoning: R3B

Rental Info

  • Gross Rental Income: 47700
  • Tenant Pays: Electric, Heat

Multi Family

  • Fuel Expense: 2188
  • Insurance Expense: 6000
  • Other Expenses: 2394

Tax Info

  • Taxes: 6201

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Sep 15, 2020
Sold by
Gruber Kathryn and Gruber Ronald C
Bought by
Sun Down Express Llc
Seller's Agent
Mark Haeffle
Coldwell Banker Real Estate Group
Buyer's Agent
Cindy Eckols
RE/MAX Choice
List Price
$179,900
Sold Price
$179,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,900
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 16, 2010
Sold by
Mccaleb Mark
Bought by
Gruber Ronald C
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
Sun Down Express Llc $180,000 Ftc
Gruber Ronald C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sun Down Express Llc $179,900
Closed Sun Down Express Llc $143,920
Closed Sun Down Express Llc $179,900
Previous Owner Gruber Ronald C $103,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2020 10/07/20 Sold $179,900 0.0% --
09/06/2020 09/06/20 Pending -- -- --
08/31/2020 08/31/20 For Sale $179,900 -- --
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
2024 $2,782 $10,259 $10,259 --
2022 $2,782 $32,739 $7,739 $25,000
2021 $6,625 $77,950 $7,325 $70,625
2020 $6,607 $77,950 $7,325 $70,625
2019 $6,202 $73,382 $7,325 $66,057
2018 $6,055 $71,943 $7,181 $64,762
2017 $6,057 $71,943 $7,181 $64,762
2016 $6,046 $71,943 $7,181 $64,762
2015 $5,799 $69,202 $6,907 $62,295
2014 $5,615 $69,202 $6,907 $62,295
2013 -- $69,202 $6,907 $62,295
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10840633

Midwest Real Estate Data (MRED)

APN: 21-04-158-006