NOT LISTED FOR SALE

Estimated Value: $590,179

6 Beds
6 Baths
4,320 Sq Ft
$137/Sq Ft Est. Value

Sale Details

Date Sold: September 30, 2019

Last sale price $410,000 $95 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,190 / mo

4 Days on Market

Highlights

  • Hot Water Heating System
  • Heating System Uses Steam
  • 3-minute walk to James T Gifford Park

About This Home

As of September 2019

Wow! Here's a great investment! Owner has worked hard to maintain this solid all brick 6 flat close to downtown! Up to date with the city! Nice deep lot with 3 1/2 car garage and off street parking! New concrete walkways! Unit 1 features oak cabinetry and stained glass! Unit 2-larger kitchen with separate eating area! Unit 3-2 possible bedrooms, one with double door entry! Unit 4-white cabinetry, double doors to bedroom! Unit 5-bedroom with sitting area & stained glass! Unit 6-hardwood floors! All units with private entry, some with front & rear doors! Lower level utility area with coin operated laundry! Owner hates to sell! Pride of ownership! Allow at least 24 hours notice for showings!

Last Agent to Sell the Property

Bob Wisdom

RE/MAX Horizon License #475122882 Listed on: 08/20/2019

RE/MAX Horizon

Last Buyer's Agent

Christopher Davis

Inspire Realty Group LLC License #471020520

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,939

Year Built

  • Built in 1889

Lot Details

  • 8,581 Sq Ft Lot
  • Lot Dimensions are 64x133x65x133

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Membrane Roofing
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,320 Sq Ft Home
  • 3-Story Property
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Utilities

  • Window Unit Cooling System
  • Radiator
  • Hot Water Heating System
  • Heating System Uses Steam
  • 200+ Amp Service

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $249
  • Fuel Expense $2,100
  • Insurance Expense $2,083
  • Trash Expense $1,039
  • Water Sewer Expense $1,664
  • Operating Expense $17,531
  • Gross Income $53,280
  • Net Operating Income $35,749

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,939

Year Built

Built in 1889

Lot Details

8,581 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Legal Non Conforming, Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1889
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 6
  • Possible Use: Multi-Family
  • Basement Description: Exterior Access
  • Fireplaces: 1
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: Public Road
  • Roof: Membrane, Rubber
  • Exterior Building Type: Brick
  • Roof Structure: Flat
  • Misc Outside: Balcony/ies,Storms and Screens (as exist)

Garage/Parking

  • Outdoor Parking: 1-5 Spaces
  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers, Service - 201 to 600 Amps
  • Heat/Ventilation: Hot Water,Radiators,Steam
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Unincorporated (Y/N): No
  • Owners Association (Y/N): No

Fee Information

  • Association Fee Includes: None
  • Trash Expense: 1039
  • Water Sewer Expenses: 1664

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 64X133X65X133
  • Lot Size Sq Ft: 8581
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Sidewalks

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 5

Building Info

  • BuildingAreaTotal: 4320

Multi Family

  • Net Operating Income: 35749
  • Fuel Expense: 2100
  • Insurance Expense: 2083
  • ElectricExpense: 249
  • GrossIncome: 53280
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 17531
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 8938.78
  • Tax Year: 2018

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
Aug 20, 2019
Closed on
Sep 30, 2019
Sold by
Bought by
Seller's Agent
Bob Wisdom
RE/MAX Horizon
Buyer's Agent
Christopher Davis
Inspire Realty Group LLC
List Price
$429,900
Sold Price
$410,000
Premium/Discount to List
-$19,900
-4.63%
Current Estimated Value
$590,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,179
Avg. Annual Appreciation
5.43%
Original Mortgage
$307,500
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 11, 2014
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$410,000 Fidelity National Title
-- None Available
Source: Public Records

Mortgage 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 Status Borrower Loan Amount
Open $2,589,848
Closed $307,500
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
09/30/2019 09/30/19 Sold $410,000 -4.6% $95 / Sq Ft
08/24/2019 08/24/19 Pending -- -- --
08/20/2019 08/20/19 For Sale $429,900 -- $100 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $11,350 $148,778 $21,592 $127,186
2024 $11,350 $137,035 $19,888 $117,147
2023 $10,553 $123,800 $17,967 $105,833
2022 $9,788 $112,884 $16,383 $96,501
2021 $9,416 $105,539 $15,317 $90,222
2020 $9,189 $100,753 $14,622 $86,131
2019 $8,964 $95,973 $13,928 $82,045
2018 $8,939 $90,413 $13,121 $77,292
2017 $9,254 $89,972 $13,057 $76,915
2016 $8,902 $83,469 $12,113 $71,356
2015 -- $76,507 $11,103 $65,404
2014 -- $75,563 $10,966 $64,597
2013 -- $77,556 $11,255 $66,301
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10491550

Midwest Real Estate Data (MRED)

APN: 06-13-332-004

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