NOT LISTED FOR SALE

Estimated Value: $187,000 - $220,000

-- Bed
2 Baths
2,240 Sq Ft
$89/Sq Ft Est. Value

Last Sold April 09, 2018

Last sale price $80,000 $36 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $1,277/month

85 Days on Market

Highlights

  • City View
  • No HOA
  • Heating System Uses Gas
  • Traditional Architecture

About This Home

As of April 2018

2 Unit Investment Property with a 16% CAP Rate!!!! Both units currently occupied with long term tenants.

Last Agent to Sell the Property

Jean Taylor

Coldwell Banker Realty License #RS313094 Listed on: 11/22/2017

Coldwell Banker Realty

Last Buyer's Agent

Alix Lopez

Howard Hanna Krall Real Estate License #RS-0025440

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,881

Year Built

  • Built in 1900

Lot Details

  • 2,178 Sq Ft Lot
  • 1 Common Wall

Home Design

  • Duplex
  • Traditional Architecture
  • Stone Siding

Interior Spaces

  • 2,240 Sq Ft Home
  • City Views
  • Basement
  • Interior Basement Entry
  • Electric Oven or Range

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Harding Elementary School
  • Lebanon Middle School
  • Lebanon High School

Utilities

  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • The owner pays for real estate taxes, water, sewer, trash collection, insurance
  • Assessor Parcel Number 01-2339691-368510-0000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 2-Story Building

Building Details

  • Income includes apartment rentals
  • Insurance Expense $485
  • Trash Expense $231
  • Operating Expense $3,401
  • Gross Income $17,100
  • Net Operating Income $13,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,881

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Historic: No
  • Home Warranty: No
  • Inclusions: 2 Range Ovens, 2 Refrigerators
  • New Construction: No
  • Year Built: 1900
  • Remarks Public: 2 Unit Investment Property with a 16% CAP Rate!!!! Both units currently occupied with long term tenants.
  • Special Features: None

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Room Count: 9
  • Basement: Yes
  • Basement Type: Interior Access
  • Total Sq Ft: 2240
  • Living Area Sq Ft: 2240
  • Price Per Sq Ft: 37.95
  • Above Grade Finished Sq Ft: 2240
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 423

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Stone
  • Access To Pool: No
  • Construction Completed: No
  • Exterior Features: Street Lights
  • Road Surface Type: Paved
  • Spa: No
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Gas
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • School District: LEBANON
  • Elementary School: HARDING
  • Middle School: LEBANON
  • High School: LEBANON
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 300200397291
  • School District Source: 3rd Party
  • Elementary School: HARDING
  • High School: LEBANON
  • Middle Or Junior School: LEBANON

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 55400.00
  • Land Assessed Value: 12000.00
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2178.00
  • Zoning: RES
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Owner Pays: Taxes - Real Estate, Water, Sewer, Trash Collection, Insurance
  • Total Actual Rent: 1425.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 10305885
  • School Tax: 1351.00
  • School Tax Pymnt Freq: Annually
  • Tax Annual Amount: 1881.00
  • Assessor Parcel Number: 01-2339691-368510-0000
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017
  • Close Date: 04/09/2018

Multi Family

  • Gross Income: 17100.00
  • Gross Scheduled Income: 17100.00
  • Income Includes: Apartment Rentals
  • Operating Expense: 3401.00
  • Other Units: Unit 1

MLS Schools

  • School District Name: LEBANON

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2017
Closed on
Apr 9, 2018
Sold by
Vannguyen Bay and Nguyen Phuong Mai
Bought by
Ortega Maria Cruz
Seller's Agent
Jean Taylor
Coldwell Banker Realty
Buyer's Agent
Alix Lopez
Howard Hanna Krall Real Estate
List Price
$85,000
Sold Price
$80,000
Premium/Discount to List
-$5,000
-5.88%
Current Estimated Value
$200,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,103
Avg. Annual Appreciation
11.63%
Original Mortgage
$68,000
Outstanding Balance
$55,751
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$123,997
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
Ortega Maria Cruz $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortega Maria Cruz $68,000
Previous Owner Vanvannguyen Bay Van $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2018 04/09/18 Sold $80,000 -5.9% $36 / Sq Ft
02/15/2018 02/15/18 Pending -- -- --
11/22/2017 11/22/17 For Sale $85,000 -- $38 / Sq Ft
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 $2,171 $67,400 $12,000 $55,400
2024 $2,069 $67,400 $12,000 $55,400
2023 $2,069 $67,400 $12,000 $55,400
2022 $2,035 $67,400 $12,000 $55,400
2021 $1,966 $67,400 $12,000 $55,400
2020 $1,966 $67,400 $12,000 $55,400
2019 $1,937 $67,400 $12,000 $55,400
2018 $1,881 $67,400 $12,000 $55,400
2017 $531 $67,400 $12,000 $55,400
2016 $1,831 $67,400 $12,000 $55,400
2015 $1,258 $67,400 $12,000 $55,400
2014 $1,258 $67,400 $12,000 $55,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1000093554

Bright MLS

APN: 01-2339691-368510-0000