NOT LISTED FOR SALE
12 Beds
6 Baths
-- Sq Ft
0.33 Acre Lot

Sale Details

Date Sold: November 2, 2018

73 Days on Market

Highlights

  • Eat-In Kitchen
  • Laundry in Utility Room
  • Wall Furnace
  • Brick Veneer
  • Central Air

About This Home

As of November 2018

Updated and well-maintained, fully leased 6-family apartment building. Seller has owned the property for about 40 years and is only selling so he can effect a 1031 exchange and purchase a larger building. There is no apparent deferred maintenance; financial information is available as an attachment. Tenants pay water & electric-- all electric Forced Air heating and cooling. Landlord pays sewer. Asking price is an approx 9% cap rate. NO sign and please do not disturb the tenants. View exterior only; units will be shown with an accepted contingent contract.

Last Agent to Sell the Property

Klaus Illian

Wood Brothers Realty License #2003026302 Listed on: 08/20/2018

Last Buyer's Agent

Rodney Wallner

Berkshire Hathaway HomeServices Select Properties License #2009035711

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Property Details

Home Type

  • Apartment

Year Built

  • 1970

Lot Details

  • 14,375 Sq Ft Lot
  • Lot Dimensions are 105 x 176

Home Design

  • Updated or Remodeled
  • Brick Veneer
  • Vinyl Siding

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Parking

  • Parking Lot
  • Unassigned Parking

Utilities

  • Central Air
  • Wall Furnace
  • Electric Water Heater

Additional Features

  • Laundry in Utility Room
  • Suburban Location

Community Details

  • Low-Rise Community

Listing and Financial Details

  • Tenant pays for cable tv/satellite, electric

Property Details

Home Type

Apartment

Year Built

1970

Lot Details

0.33 Acres

Listing Details

  • Sale Includes: Building & Land
  • Property Type: Multi-Family 5+
  • Type: Apt Bldg/Exterior En
  • Cross Street: Dillon Rd
  • Municipality Township: Unincorporated
  • Special Description: Renovated
  • Age: 48
  • Ownership: Private
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1970

Interior Features

  • Laundry: Lndry Connect all Un
  • Square Footage Unknown: Yes

Exterior Features

  • Construction: Brick Veneer Decrtv, Vinyl Siding

Garage/Parking

  • Parking: Parking Lot, Unassigned

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Electric
  • Cooling: Central-Electric
  • Heating: Individual Furnaces

Lot Info

  • Lot Dimensions: 105 x 176
  • Lot Sq Ft: 14375
  • Location: Suburban
  • Acres: 0.3300

Rental Info

  • Tenancy Type: Leases
  • Tenant Pays: Cable TV/Satellite, Electric

Multi Family

  • Building Info: Smoke/Alarm Detector
  • Building Number: 1
  • Gross Operating Income: 42450.00
  • Total Expenses: 9500.00

Tax Info

  • Taxes Paid: 1807

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, 2018
Closed on
Nov 1, 2018
Sold by
5513 Carla Llc
Bought by
Seller's Agent
Klaus Illian
Wood Brothers Realty
Buyer's Agent
Rodney Wallner
Berkshire Hathaway HomeServices Select Properties
List Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Outstanding Balance
$223,521
Interest Rate
4.7%
Mortgage Type
Commercial
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
-- Select Title Group
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 $260,000
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
11/02/2018 11/02/18 Sold -- -- --
11/02/2018 11/02/18 Pending -- -- --
09/28/2018 09/28/18 Price Changed $345,000 -5.5% --
08/20/2018 08/20/18 For Sale $365,000 -- --
Source: MARIS MLS

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
2026 $2,358 $33,100 $4,400 $28,700
2025 $2,094 $33,100 $4,400 $28,700
2024 $2,094 $29,000 $4,400 $24,600
2023 $2,094 $29,000 $4,400 $24,600
2022 $2,085 $29,000 $4,400 $24,600
2021 $2,072 $29,000 $4,400 $24,600
2020 $2,078 $28,400 $3,800 $24,600
2019 $2,076 $28,400 $3,800 $24,600
2018 $0 $26,700 $2,100 $24,600
2017 $1,807 $26,700 $2,100 $24,600
2016 $1,823 $26,700 $2,100 $24,600
2015 $1,873 $26,700 $2,100 $24,600
2013 -- $25,400 $2,100 $23,300
Source: Public Records

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Map

Source: MARIS MLS

MLS Number: MIS18067099

MARIS MLS
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