$291,000
SOLD MAR 2, 2016
-- Bed
-- Bath
8,792 Sq Ft
0.25 Acres

Recently Sold

$33 Per Sq Ft

17% Below List Price

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Property is in very good condition
  • Ruth Ann Monroe Primary School Rated A-
  • Multi-Tank Hot Water Heater

About This Home

As of March 2016

**Great Investment** - part of a 30+ unit portfolio - Next to City Hall in prime location. Solid monthly rent of $4,600 (7 units). Grocery store has been there for 10+ years. Beauty Store 2+ years. 4 apartments (2BR 1 BR each) very large and clean. 1 Office rented by a reputable management company. Fully occupied and renovated in 2014. Parking land next door included! 9,000 sqft Shows very well!!

Last Agent to Sell the Property

Stan Dimitrov

Smart Realty, LLC License #657955 Listed on: 01/22/2016

Smart Realty, LLC

Last Buyer's Agent

Cristhian Huamani

RG Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,605

Year Built

  • Built in 1900 | Remodeled in 2014

Lot Details

  • 0.25 Acre Lot
  • Property is in very good condition

Parking

  • 6 Assigned Parking Spaces

Home Design

  • Brick Exterior Construction

Basement

  • Rear Basement Entry

Utilities

  • Central Heating and Cooling System
  • Multi-Tank Hot Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2222008781

Community Details

Overview

  • No Home Owners Association
  • 7 Units
  • Arts & Entertainment District Subdivision

Building Details

  • Operating Expense $12,143

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,605

Year Built

Built in 1900 | Remodeled in 2014

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Year Renovated: 2014
  • Remarks Public: **Great Investment** - part of a 30+ unit portfolio - Next to City Hall in prime location. Solid monthly rent of $4,600 (7 units). Grocery store has been there for 10+ years. Beauty Store 2+ years. 4 apartments (2BR 1 BR each) very large and clean. 1 Office rented by a reputable management company. Fully occupied and renovated in 2014. Parking land next door included! 9,000 sqft Shows very well!!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Outside Entrance, Rear Entrance
  • Price Per Sq Ft: 34.01
  • Street Number Modifier: 43

Exterior Features

  • Construction Materials: Concrete, Brick, Combination
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Assigned Spaces Count: 6
  • Garage: No
  • Parking Features: Assigned

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Central
  • Heating: Yes
  • Hot Water: Multi-Tank
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: WASHINGTON COUNTY PUBLIC SCHOOLS
  • School District Key: 121138761341

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 11030
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11030.00
  • Property Condition: Very Good
  • Zoning: CCMU

Rental Info

  • Vacation Rental: No

Multi Family

  • Gross Income: 55200.00
  • Metering: Electric Separate
  • Operating Expense: 12143.00

Tax Info

  • Assessor Parcel Number: 11623513
  • Assessor Parcel Number: 2222008781
  • Tax Total Finished Sq Ft: 8792
  • Close Date: 03/02/2016

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2022
Sold by
Huamani Maximiliana
Bought by
Dmj Llc
Current Estimated Value
$569,735

Purchase Details

Listed on
Jan 22, 2016
Closed on
Mar 1, 2016
Sold by
Dimitrov Stanislav
Bought by
Huamani Daniel and Huamani Maximiliana
Seller's Agent
Stan Dimitrov
Smart Realty, LLC
Buyer's Agent
Cristhian Huamani
RG Realty, Inc.
List Price
$349,000
Sold Price
$291,000
Premium/Discount to List
-$58,000
-16.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%

Purchase Details

Listed on
Sep 11, 2012
Closed on
May 23, 2013
Sold by
43-49 East Franklin Street Llc
Bought by
Dimitrov Stanislav
Seller's Agent
Steve Powell
Samson Properties
Buyer's Agent
Carlton Boujai
Samson Properties
List Price
$295,000
Sold Price
$235,000
Premium/Discount to List
-$60,000
-20.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$188,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2007
Sold by
Christian Knoedler John
Bought by
43 49 East Franklin St Llc

Purchase Details

Closed on
Apr 23, 2007
Sold by
Christian Knoedler John
Bought by
43 49 East Franklin St Llc

Purchase Details

Closed on
Dec 9, 2005
Sold by
Project Three Properties
Bought by
Christian Knoedler John

Purchase Details

Closed on
Jan 12, 2001
Sold by
Lushbaugh Leonard A
Bought by
Project Three Properties
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 Type Sale Price Title Company
Deed -- Premiere Settlement & Title
Deed $291,000 Premier Settlements & Title
Deed $235,000 Frederick Title Group
Deed $420,000 --
Deed $420,000 --
Deed $363,500 --
Deed $170,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $188,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2016 03/02/16 Sold $291,000 -16.6% $33 / Sq Ft
02/08/2016 02/08/16 Pending -- -- --
01/22/2016 01/22/16 For Sale $349,000 +48.5% $40 / Sq Ft
05/23/2013 05/23/13 Sold $235,000 -20.3% $27 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
09/11/2012 09/11/12 For Sale $295,000 -- $34 / 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 $2,605 $286,100 $63,500 $222,600
2024 $2,605 $285,933 $0 $0
2023 $2,603 $285,767 $0 $0
2022 $2,602 $285,600 $63,500 $222,100
2021 $2,862 $285,600 $63,500 $222,100
2020 $2,659 $285,600 $63,500 $222,100
2019 $2,692 $287,900 $63,500 $224,400
2018 $2,519 $269,400 $0 $0
2017 $2,346 $250,900 $0 $0
2016 -- $232,400 $0 $0
2015 $7,168 $232,400 $0 $0
2014 $7,168 $224,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003739097

Bright MLS

APN: 22-008781