NOT LISTED FOR SALE
9 Beds
5 Baths
5,600 Sq Ft
0.99 Acre Lot

Sale Details

Date Sold: March 23, 2018

Last sale price $175,000 $31 Per Sq Ft

Highlights

  • 0.99 Acre Lot
  • Carpet
  • Property has 1 Level
  • Window Unit Cooling System
  • Heating Available

About This Home

As of March 2018

Great Return on $....17% Cap Rate! 7 units all landlord owned with a total of $39k income per year square footage is a combined estimate of all units

Last Agent to Sell the Property

Matt Burnett

Burnett Real Estate Group Inc License #293219 Listed on: 02/28/2018

Co-Listed By

Martie Burnett

EXP Realty License # 295804

Last Buyer's Agent

NONMLS NONMLS

License #2211

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $931

Year Built

  • Built in 1976

Lot Details

  • 43,124 Sq Ft Lot

Interior Spaces

  • 5,600 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Laminate
  • Vinyl

Schools

  • Crestview Elementary School
  • Springfield Middle School
  • Springfield High School

Utilities

  • Window Unit Cooling System
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $1,900
  • Assessor Parcel Number 074091K B 02400 000091K

Community Details

Overview

  • 7 Units
  • Shannondale Sec Add Subdivision

Building Details

  • Operating Expense $5,068
  • Gross Income $39,000
  • Net Operating Income $33,932

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$931

Year Built

Built in 1976

Lot Details

0.99 Acres

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1976
  • Inclusions: APPLN
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Laminate, Vinyl
  • Above Grade Finished Sq Ft: 5600
  • Building Area Units: Square Feet
  • Living Area: 5600
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Type: Other
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available, Water Available, Sewer Available

Condo/Co-op/Association

  • Association #2 Fee Frequency: One Time

Lot Info

  • Zoning: R10
  • Lot Size Acres: 0.99
  • Lot Size: 328/332X238.6/246
  • Lot Size Units: Acres
  • Parcel #: 074091K B 02400 000091K
  • Property Attached Yn: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Water

Multi Family

  • Gross Income: 39000
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 33932
  • Number Of Units Total: 7
  • Annual Operating Expense: 5068
  • Total Actual Rent: 1900

Tax Info

  • Tax Annual Amount: 931

MLS Schools

  • Elementary School: Crestview Elementary
  • High School: Springfield High School
  • Middle Or Junior School: Springfield Middle School

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2018
Closed on
Mar 23, 2018
Sold by
Bought by
Seller's Agent
Matt Burnett
Burnett Real Estate Group Inc
Buyer's Agent
NONMLS NONMLS
List Price
$419,000
Sold Price
$175,000
Premium/Discount to List
-$244,000
-58.23%

Purchase Details

Closed on
Nov 8, 2004
Sold by
Bought by

Purchase Details

Closed on
Oct 5, 2004
Sold by
Bought by

Purchase Details

Closed on
Jan 26, 1989
Bought by

Purchase Details

Closed on
Sep 9, 1985
Bought by

Purchase Details

Closed on
Jan 1, 1976
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$175,000 Birthright Title & Escrow Ll
$148,500 --
$34,000 --
$70,000 --
-- --
$10,500 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/23/2020 09/23/20 Pending -- -- --
09/02/2020 09/02/20 Price Changed $409,999 -2.1% $73 / Sq Ft
08/25/2020 08/25/20 For Sale $419,000 +139.4% $75 / Sq Ft
03/23/2018 03/23/18 Sold $175,000 -- $31 / Sq Ft
Source: Realtracs

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 -- $42,640 $36,000 $6,640
2024 -- $42,640 $36,000 $6,640
2023 $1,069 $42,640 $36,000 $6,640
2022 $826 $22,640 $14,200 $8,440
2021 $826 $22,640 $14,200 $8,440
2020 $826 $22,640 $14,200 $8,440
2019 $24,883 $22,640 $14,200 $8,440
2018 $826 $22,640 $14,200 $8,440
2017 $931 $21,720 $12,800 $8,920
2016 $931 $21,720 $12,800 $8,920
2015 $904 $21,720 $12,800 $8,920
2014 $904 $21,720 $12,800 $8,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1905663

Realtracs
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