NOT LISTED FOR SALE

Estimated Value: $224,000 - $292,000

-- Bed
3 Baths
-- Sq Ft
1,742 Sq Ft Lot

Last Sold February 27, 2017

Last sale price $90,000

Est. 192% increase in value since last sale

Current estimated payment $1,603/month

175 Days on Market

Highlights

  • No HOA
  • Heating System Uses Steam
  • 4-minute walk to Beautex Playground
  • Baseboard Heating

About This Home

As of February 2017

First floor previously used as commercial space, currently occupied as a residential unit. 2 bdrm unit is 1st & 2nd floor entered from 1004 Willow Street.

Last Agent to Sell the Property

datacorrect BrightMLS

Non Subscribing Office Listed on: 01/19/2016

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office Listed on: 01/19/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 21 x 80

Parking

  • On-Street Parking

Home Design

  • Converted Dwelling
  • Brick Exterior Construction
  • Poured Concrete
  • Shingle Roof
  • Composition Roof
  • Rubber Roof

Basement

  • Partial Basement

Schools

  • Lebanon Middle School
  • Lebanon High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Steam
  • 100 Amp Service
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for hot water, electricity
  • Assessor Parcel Number 03-2336905-369539-0000

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Lebanon City Ward 3 Subdivision

Building Details

  • Income includes apartment rentals
  • Electric Expense $337
  • Fuel Expense $1,208
  • Insurance Expense $301
  • Other Expense $120
  • Operating Expense $2,446
  • Net Operating Income $12,254

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,800

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Converted Dwelling
  • New Construction: No
  • Other Expense: 120.00
  • Storage: Basement
  • Year Built: 1900
  • Remarks Public: First floor previously used as commercial space, currently occupied as a residential unit. 2 bdrm unit is 1st & 2nd floor entered from 1004 Willow Street.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Poured Concrete, Partial
  • Street Number Modifier: 41

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Composite, Shingle, Rubber
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Expense: 337.00
  • Electric Service: 100 Amp Service
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard, Hot Water, Steam
  • Heating: Yes
  • Hot Water: Electric
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Sewer Expenses: 480.00
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: LEBANON
  • Middle School: LEBANON
  • High School: LEBANON
  • School District Key: 300200397291
  • High School: LEBANON
  • Middle Or Junior School: LEBANON

Lot Info

  • Land Use Code: 103
  • Lot Size Acres: 0.04
  • Lot Dimensions: 21 x 80
  • Property Attached Yn: Yes
  • Zoning: RHD
  • Zoning Description: Res/Multi-Family
  • In City Limits: Yes

Rental Info

  • Tenant Pays: Hot Water, Electricity
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10308347
  • School Tax: 1292.58
  • Tax Annual Amount: 1800.41
  • Assessor Parcel Number: 03-2336905-369539-0000
  • County Tax Payment Frequency: Annually
  • Close Date: 02/27/2017

Multi Family

  • Fuel Expense: 1208.00
  • Gross Income: 16500.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 2446.00
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6
  • Single Room Units Count: 1

MLS Schools

  • School District Name: LEBANON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2016
Closed on
Feb 27, 2017
Sold by
Newton Properties Inc
Bought by
Versatile Investments Group Llc
Seller's Agent
datacorrect BrightMLS
Non Subscribing Office
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$105,000
Sold Price
$90,000
Premium/Discount to List
-$15,000
-14.29%
Current Estimated Value
$263,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,000
Avg. Annual Appreciation
9.78%
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
Versatile Investments Group Llc $200,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2017 02/27/17 Sold $90,000 -14.3% --
07/12/2016 07/12/16 Pending -- -- --
01/19/2016 01/19/16 For Sale $105,000 -- --
Source: Bright MLS

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 $2,078 $64,500 $8,000 $56,500
2024 $1,980 $64,500 $8,000 $56,500
2023 $1,980 $64,500 $8,000 $56,500
2022 $1,947 $64,500 $8,000 $56,500
2021 $1,881 $64,500 $8,000 $56,500
2020 $1,881 $64,500 $8,000 $56,500
2019 $1,854 $64,500 $8,000 $56,500
2018 $1,800 $64,500 $8,000 $56,500
2017 $508 $64,500 $8,000 $56,500
2016 $1,753 $64,500 $8,000 $56,500
2015 $1,204 $64,500 $8,000 $56,500
2014 $1,204 $64,500 $8,000 $56,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1005874065

Bright MLS

APN: 03-2336905-369539-0000