NOT LISTED FOR SALE

Estimated Value: $522,000 - $587,000

4 Beds
2 Baths
1,720 Sq Ft
$328/Sq Ft Est. Value

Last Sold March 07, 2022

Last sale price $565,000 $328 Per Sq Ft

Current estimated payment $3,763/month

2 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Central Heating
  • Princeton Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Fenced

About This Home

As of March 2022

MULTIPLE OFFERS PLEASE SUBMIT HIGHEST AND BEST BY 2/19/22 BY 12PM. This beautiful fully remodeled duplex is ready for its new owner. Located in the neighborhood of College Park this duplex offers 2 bedrooms and 2 bathrooms in each unit, granite countertops, stainless steel appliances, and tile flooring throughout the entire property. As an investment property this duplex is already generating $33,600 in annual income and Market rent would actually bring in close to $44,000 annually. This property is a great source of income for an owner looking to move in and generate additional while living there or for the investor looking for residual income annually. Either way this property is worth it for anyone looking to purchase. Both units are currently occupied with month to month leases for each tenant. Separate Electric meters for each unit and 1 water meter for the entire property. All showing request must be approved by the listing agent via showing time.

Tenant (6 W King st) Request that all showing are after 4pm Mon-Thur No Weekends. She currently works from home. Tenant will provide access to the property. Unit to the left.
Tenant (8 W King St) Request that all showings are between 3pm-6pm Mon-Fri No Weekends. Has a 10 month old at home and request shoes to be removed when ENTERING THE HOME. MASK ARE REQUIRED!!

Last Agent to Sell the Property

Edson Michel

LA ROSA REALTY SUCCESS LLC License #3358797 Listed on: 02/16/2022

LA ROSA REALTY SUCCESS LLC

Last Buyer's Agent

Yusuf Squires

PROPERTIES IN TOWN License #3326592

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,484

Year Built

  • Built in 1955

Lot Details

  • 0.3 Acre Lot
  • Fenced

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,720 Sq Ft Home
  • Open Floorplan

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Thermostat

Community Details

  • No Home Owners Association
  • 2 Units
  • Midway Add Subdivision

Listing and Financial Details

  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Tenant pays for electricity, water
  • Legal Lot and Block 106 / 1
  • Assessor Parcel Number 14-22-29-5633-01-050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,484

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1720
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 1955
  • Lot Size Sq Ft: 13000
  • Tenant Pays: Electricity, Water
  • Directions to Property: I4 east to Princeton street exit. Make a left onto Princeton street and the a right on Formosa Ave. head down to King St and make a left.
  • Status: Sold
  • Street Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6004252?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6004252?w=Customer
  • Unit Count: 2
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.04649
  • Price per Sq Ft: 328.49
  • Close to Original List Price Ratio: 1.04649
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Open Floorplan, Thermostat
  • Foundation Details: Slab
  • Street Number Modifier: 6
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Concrete
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Available, Sewer Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R-2A/T/W
  • Parcel Number: 14-22-29-5633-01-050
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Total Actual Rent: 2800

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4484.06
  • Tax Block: 1
  • Tax Book Number: G-117
  • Tax Lot: 106

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2022
Closed on
Mar 7, 2022
Sold by
Sandeep Patel
Bought by
Salma Llc
Seller's Agent
Edson Michel
LA ROSA REALTY SUCCESS LLC
Buyer's Agent
Yusuf Squires
PROPERTIES IN TOWN
List Price
$539,900
Sold Price
$565,000
Premium/Discount to List
$25,100
4.65%
Current Estimated Value
$563,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,038
Avg. Annual Appreciation
0.65%

Purchase Details

Listed on
Mar 25, 2020
Closed on
Jun 30, 2020
Sold by
Behrens Wilhelm F and The Wilhelm F Behrens Revocabl
Bought by
Patel Sandeep
Seller's Agent
Edson Michel
LA ROSA REALTY SUCCESS LLC
Buyer's Agent
Edson Michel
LA ROSA REALTY SUCCESS LLC
List Price
$399,900
Sold Price
$250,000
Premium/Discount to List
-$149,900
-37.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.47%

Purchase Details

Closed on
Dec 11, 2013
Sold by
Behrens Wilhelm F and Behrens Bill
Bought by
Behrens Wilhelm F and Wilhelm F Behrens Revocable Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Salma Llc $565,000 First American Title
Patel Sandeep $240,000 Brokers Title Of Ctrl Fl Llc
Behrens Wilhelm F -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Sold $565,000 +4.6% $328 / Sq Ft
02/19/2022 02/19/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $539,900 +116.0% $314 / Sq Ft
06/30/2020 06/30/20 Sold $250,000 0.0% $145 / Sq Ft
06/30/2020 06/30/20 Sold $250,000 -37.5% $145 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
06/15/2020 06/15/20 Pending -- -- --
03/25/2020 03/25/20 For Sale $399,900 0.0% $233 / Sq Ft
03/06/2020 03/06/20 For Sale $399,900 -- $233 / Sq Ft
Source: Stellar 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 $8,357 $483,672 -- --
2024 $7,397 $463,860 $250,000 $213,860
2023 $7,397 $399,729 $220,000 $179,729
2022 $4,865 $261,347 $191,000 $70,347
2021 $4,484 $233,831 $170,000 $63,831
2020 $4,437 $239,632 $170,000 $69,632
2019 $4,914 $271,925 $189,900 $82,025
2018 $4,408 $230,035 $135,000 $95,035
2017 $3,999 $200,647 $125,000 $75,647
2016 $3,719 $182,674 $115,000 $67,674
2015 $3,447 $163,604 $100,000 $63,604
2014 $2,849 $131,911 $85,000 $46,911
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O6004252

Stellar MLS

APN: 14-2229-5633-01-050