NOT LISTED FOR SALE
8 Beds
7 Baths
4,088 Sq Ft
7,405 Sq Ft Lot Lot

Sale Details

Date Sold: April 22, 2024

Last sale price $1,865,000 $456 Per Sq Ft

7 Days on Market

Highlights

  • Secluded Lot
  • Guest Parking
  • Coin Laundry
  • Lietz Elementary School Rated A-
  • Forced Air Heating System
  • Carpet

About This Home

As of April 2024

a beautiful 4-plex boasting opportunity and potential. All units on month-to-month leases, all units have been steadily occupied for decades, resulting in a remarkable ZERO vacancy rate. The exterior has been refreshed and repainted.*the 3-bedroom unit has a tastefully remodeled kitchen and big living room w/vaulted ceiling* the 1-bedroom unit a has a remodeled kitchen too. The two 2-bedroom units, though dated, are in good condition. The fenced and private yard offers a very unique an tranquil retreat. Additional amenities include some updated copper plumbing, recently landscaped front and back yards with sprinklers, wall air conditioning in each unit, a coin-operated laundry room, and the potential for extra income through an ADU or storage/shed rental. Popular Campbell Union school district, Lietz Elementary, Dartmouth Middle, and Branham High. Convenient access to Hwy 85 at Camden. No HOA. Could be fantastic owner occupant property. 5 garage units and dedicated parking spaces for the tenants use. Super convenient location with access to major roadways and nearby shopping amenities. (interior photos are of 3bd unit)

Last Agent to Sell the Property

Brad Mortensen

Real Estate Experts ERA Powered License #00892723 Listed on: 03/15/2024

Real Estate Experts ERA Powered

Last Buyer's Agent

Brad Mortensen

Real Estate Experts ERA Powered License #00892723 Listed on: 03/15/2024

Real Estate Experts ERA Powered

Property Details

Home Type

  • Multi-Family

Year Built

  • 1977

Lot Details

  • 7,405 Sq Ft Lot
  • Secluded Lot
  • Level Lot

Parking

  • 5 Car Garage
  • Garage Door Opener
  • Guest Parking
  • Uncovered Parking
  • Off-Site Parking

Home Design

  • Quadruplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,088 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Wall Furnace

Listing and Financial Details

  • Total Actual Rent $82,800

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $1
  • Insurance Expense $3,365
  • Maintenance Expense $1,200
  • Manager Expense $1
  • Utility Expense $6,090
  • Operating Expense $29,427
  • Gross Income $83,700

Property Details

Home Type

Multi-Family

Year Built

1977

Lot Details

7,405 Sq Ft Lot

Parking

5

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4088
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Kitchen: Appliances - Vary By Unit
  • Living Sq Ft: 4088
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Laminate, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 5
  • Parking Spaces: 6
  • Garage Parking Features: Gate / Door Opener, Guest / Visitor Parking, Off-Site Parking, Uncovered Parking

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air - Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 237

Lot Info

  • Lot Description: Grade - Level, Grade - Sloped Down, Private / Secluded
  • Lot Acres: 0.1700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7405.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7405.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 22.69
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 3365
  • Expense Landscape: 1
  • Expense Maintenance: 1200
  • Expense Management: 1
  • Expenses Total: 29427
  • Expenses Utility: 6090
  • Income Annual Gross: 83700.00
  • Income Annual Rental: 82800
  • Income Gross Scheduled: 83700
  • Income Includes: Coin Operated Equip
  • Income Other: 900
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Laundry, Maintenance - Repair, Services - Gardener, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2024 04/22/24 Sold $1,865,000 -1.8% $456 / Sq Ft
03/22/2024 03/22/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $1,899,000 -- $465 / Sq Ft
Source: MLSListings

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 $25,209 $1,902,300 $1,326,000 $576,300
2024 $25,209 $1,435,006 $919,456 $515,550
2023 $19,746 $1,406,870 $901,428 $505,442
2022 $19,366 $1,379,285 $883,753 $495,532
2021 $18,992 $1,352,241 $866,425 $485,816
2020 $18,713 $1,338,376 $857,541 $480,835
2019 $18,419 $1,312,134 $840,727 $471,407
2018 $17,977 $1,286,407 $824,243 $462,164
2017 $17,745 $1,261,184 $808,082 $453,102
2016 $16,903 $1,236,456 $792,238 $444,218
2015 $16,424 $1,203,000 $770,800 $432,200
2014 $12,536 $900,000 $550,000 $350,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81957826

MLSListings

APN: 569-18-047

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