NOT LISTED FOR SALE

Estimated Value: $585,629 - $641,000

19 Beds
9 Baths
-- Sq Ft
0.47 Acres

Last Sold November 30, 2012

Last sale price $284,500

Est. 116% increase in value since last sale

Current estimated payment $3,926/month

73 Days on Market

Highlights

  • 0.47 Acre Lot
  • No HOA
  • 3-minute walk to Witherbee Park
  • Lincoln East High School Rated A
  • Window Unit Cooling System

About This Home

As of November 2012

Here is a very unique investment opportunity! There are a total of four duplexes plus two single family homes--all located in one private court in terrific location! Each duplex has a one bedroom unit & a two bedroom unit. The two single family homes are charming and sit at the end of the court. Same owner for almost 40 years has taken good care of this special little development. Never has a problem finding tenants!

Last Agent to Sell the Property

Douglas Hanna

HOME Real Estate License #0770412 Listed on: 08/03/2012

HOME Real Estate

Last Buyer's Agent

John Mahoney

BHHS Ambassador Real Estate License #20010207

BHHS Ambassador Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,325

Year Built

  • Built in 1948

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 75 x 271
  • Property fronts a private road

Schools

  • Randolph Elementary School
  • Lefler Middle School
  • Lincoln East High School

Additional Features

  • 9 Full Bathrooms
  • Window Unit Cooling System

Listing and Financial Details

  • Total Actual Rent $3,955
  • Assessor Parcel Number 1729104014000

Community Details

Overview

  • No Home Owners Association
  • 10 Units

Building Details

  • Insurance Expense $2,835
  • Maintenance Expense $3,867
  • Other Expense $7,283
  • Net Operating Income $16,996

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,325

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Parcel Number: 1729104014000
  • Property Sub Type: Multi Family
  • Other Expense: 7283
  • Year Built: 1948
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.4666
  • Lot Size: 75 x 271
  • Road Frontage Type: Private Road
  • New Construction: No
  • Special Features: None

Interior Features

  • Basement: None
  • Basement YN: No
  • Full Bathrooms: 9
  • Fireplace: No

Exterior Features

  • Foundation Details: Other
  • Property Condition: Not New and NOT a Model

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • High School: Lincoln East
  • Elementary School: Randolph
  • Junior High Dist: Lincoln
  • Middle Or Junior School: Lefler

Lot Info

  • Lot Features: Over 1/4 up to 1/2 Acre, Private Roadway
  • Lot Size Sq Ft: 20325
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Insurance Expense: 2835
  • Maintenance Expense: 3867
  • Number Of Units Total: 10
  • Property Net Operating Income: 16996
  • Total Actual Rent: 3955

Tax Info

  • Tax Annual Amount: 6325

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2013
Sold by
Luu Chi V and Luu Adi R
Bought by
328 Property Management Llc
Current Estimated Value
$613,315

Purchase Details

Listed on
Aug 3, 2012
Closed on
Nov 29, 2012
Sold by
Lpgsdon Delores M
Bought by
Luu Chi and Luu Adi R
Seller's Agent
Douglas Hanna
HOME Real Estate
Buyer's Agent
John Mahoney
BHHS Ambassador Real Estate
List Price
$320,000
Sold Price
$284,500
Premium/Discount to List
-$35,500
-11.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$210,000
Interest Rate
3.42%
Mortgage Type
Future Advance Clause Open End Mortgage
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
328 Property Management Llc -- Union Title Company Llc
Luu Chi $285,000 Charter Title & Escrow Servi
Logsdon Delores M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luu Chi $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2012 11/30/12 Sold $284,500 -11.1% --
10/15/2012 10/15/12 Pending -- -- --
08/03/2012 08/03/12 For Sale $320,000 -- --
Source: Great Plains Regional 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
2024 $7,899 $566,400 $70,000 $496,400
2023 $9,045 $539,700 $70,000 $469,700
2022 $9,519 $477,600 $70,000 $407,600
2021 $8,004 $424,500 $70,000 $354,500
2020 $6,080 $318,200 $70,000 $248,200
2019 $6,081 $318,200 $70,000 $248,200
2018 $6,108 $318,200 $70,000 $248,200
2017 $5,742 $296,400 $70,000 $226,400
2016 $5,771 $296,400 $70,000 $226,400
2015 $5,732 $296,400 $70,000 $226,400
2014 $6,185 $318,000 $70,000 $248,000
2013 -- $318,000 $70,000 $248,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Great Plains Regional MLS

MLS Number: L10099848

Great Plains Regional MLS

APN: 17-29-104-014-000