NOT LISTED FOR SALE

Estimated Value: $390,160 - $761,000

4 Beds
3 Baths
2,160 Sq Ft
$291/Sq Ft Est. Value

Last Sold August 28, 2014

Last sale price $160,000 $74 Per Sq Ft

Est. 293% increase in value since last sale

Current estimated payment $3,998/month

28 Days on Market

Highlights

  • Water Views
  • Interior Lot
  • Terrazzo Flooring
  • Newly Remodeled
  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan

About This Home

As of August 2014

Nice 3 unit complex with 2 units rented to long term tenants. Nice investment property. Live in one and rent our other 2. Main unit is a 2/2; 2nd and 3rd units are 1/1's. Nicely kept and one unit has new kitchen in 2012. Roof replaced in 2005 with 40 yr shingles. Rents are under priced for area and unit one shows no income as owner occupies that. Unit one would rent for approx. $900.00 a month. Good central location. Close to beaches, shopping, airport. Legal zoning and tenants in place. Separate elec meters. Very low expenses for year.Owner pays water. All sizes approximate.

Last Agent to Sell the Property

Judi Geib

RH Realty License #652989 Listed on: 06/30/2014

RH Realty

Last Buyer's Agent

Barbara Lewis

Realty Hub License #3095632

Realty Hub

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,640

Year Built

  • Built in 1969 | Newly Remodeled

Lot Details

  • 5,227 Sq Ft Lot
  • Fenced
  • Interior Lot

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,160 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Terrazzo Flooring
  • Water Views

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Total Actual Rent $15,816
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 74434404040060090

Community Details

Overview

  • Association fees include roof, trash, water
  • 3 Units
  • Colonial Ests Subdivision

Building Details

  • Operating Expense $10,250
  • Net Operating Income $5,566

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,640

Year Built

Built in 1969 | Newly Remodeled

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Dixie Hwy (between Forest Hill and Summit) West on Mayflower - property on North side.
  • Year Built: 1969
  • Unit Levels: One
  • New Construction: Yes
  • Building Stories: 1
  • Year Built Details: New Construction
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 2160.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Fence
  • View: Other, Water
  • Lot Features: Interior Lot, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: New Construction
  • Roof: Composition, Shingle

Utilities

  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV
  • Senior Community: No

Fee Information

  • Association Fee Includes: Roof, Trash, Water

Lot Info

  • Parcel #: 74434404040060090
  • Lot Size: < 1/4 Acre,Interior Lot,
  • Lot Size Sq Ft: 5227.0
  • Zoning Description: SINGLE F

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 5566.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 10250.0
  • Total Actual Rent: 15816.0

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1640.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2015
Sold by
Mastro Kristen A and Mastro Kirsten A
Bought by
Greenfield Commerce Group Llc
Current Estimated Value
$629,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Outstanding Balance
$87,453
Interest Rate
3.9%
Mortgage Type
Commercial
Estimated Equity
$527,452

Purchase Details

Listed on
Jun 30, 2014
Closed on
Aug 29, 2014
Sold by
Stensaas Jon D
Bought by
Mastro Kristen A
Seller's Agent
Judi Geib
RH Realty
Buyer's Agent
Barbara Lewis
Realty Hub
List Price
$203,000
Sold Price
$160,000
Premium/Discount to List
-$43,000
-21.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.89%

Purchase Details

Closed on
May 7, 2001
Sold by
Edward P Kentgen I
Bought by
Stensaas Jon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.9%
Mortgage Type
New Conventional
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
Greenfield Commerce Group Llc -- Independence Title Inc
Mastro Kristen A $160,000 Trident Title Llc
Stensaas Jon D $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Greenfield Commerce Group Llc $112,000
Previous Owner Stensaas Jon D $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2014 08/28/14 Sold $160,000 -21.2% $74 / Sq Ft
07/29/2014 07/29/14 Pending -- -- --
06/30/2014 06/30/14 For Sale $203,000 -- $94 / Sq Ft
Source: BeachesMLS

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 $7,952 $332,692 -- --
2023 $7,645 $302,447 $174,325 $252,814
2022 $7,043 $274,952 $0 $0
2021 $6,518 $321,853 $133,650 $188,203
2020 $6,034 $292,323 $109,350 $182,973
2019 $5,522 $254,954 $85,050 $169,904
2018 $4,654 $210,061 $82,045 $128,016
2017 $4,141 $174,371 $51,278 $123,093
2016 $3,846 $155,203 $0 $0
2015 $3,756 $147,075 $0 $0
2014 $1,845 $81,933 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10053164

BeachesMLS

APN: 74-43-44-04-04-006-0090