NOT LISTED FOR SALE

Estimated Value: $284,000

Studio
-- Bath
9,456 Sq Ft
$30/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2024

Last sale price $250,000 $26 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,843 / mo

19 Days on Market

About This Home

As of May 2024

12 units. 8- two bedroom apartments and 4-one bedroom apartments, fully rented. This complex is being sold as is and has been priced accordingly. There is central air and heat in each unit. They are walking distance to the high school. Owner pays the water/trash bill and the electric to run the exterior lights only. Tenants are responsible for their own electric bills. Don't miss out on this investment opportunity.

Last Agent to Sell the Property

Melissa Plant

COLDWELL BANKER J D THOMPSON License #471021640 Listed on: 02/08/2024

COLDWELL BANKER J D THOMPSON

Last Buyer's Agent

Melissa Plant

COLDWELL BANKER J D THOMPSON License #471021640 Listed on: 02/08/2024

COLDWELL BANKER J D THOMPSON
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • Lot Dimensions are 120x150

Home Design

  • 9,456 Sq Ft Home
  • Vinyl Siding

Utilities

  • Heat Pump System
  • Separate Meters

Community Details

Overview

  • 12 Units

Building Details

  • Electric Expense $40
  • Maintenance Expense $2,000
  • Water Sewer Expense $850
  • Operating Expense $8,890

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0.4 Acres

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Year Built: 1980
  • Legal Description: Herron’s, EPH 4th addition lot 11
  • Information: Othr-Call List Agent
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 12
  • Ranges: 12

Exterior Features

  • Construction Materials: Vinyl Siding

Utilities

  • Electric: Separate Meters
  • Heat/Ventilation: Heat Pump

Fee Information

  • Water Sewer Expenses: 850

Lot Info

  • Lot Dimensions: 120X150
  • Property Offered: For Sale Only

Building Info

  • BuildingAreaTotal: 9456

Rental Info

  • Board Number: 29

Multi Family

  • Net Operating Income: -22824
  • ElectricExpense: 40
  • Maintenance Expense: 2000
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 8890

Tax Info

  • Tax Annual Amount: 13934.5

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
Feb 8, 2024
Closed on
May 1, 2024
Sold by
Bought by
Seller's Agent
Melissa Plant
COLDWELL BANKER J D THOMPSON
Buyer's Agent
Melissa Plant
COLDWELL BANKER J D THOMPSON
List Price
$399,000
Sold Price
$250,000
Premium/Discount to List
-$149,000
-37.34%
Views
25
Current Estimated Value
$284,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,000
Avg. Annual Appreciation
5.80%
Original Mortgage
$495,887
Outstanding Balance
$372,709
Interest Rate
8%
Mortgage Type
New Conventional
Estimated Equity
-$88,709
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
$250,000 None Listed On Document
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 $495,887
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
05/01/2024 05/01/24 Sold $250,000 -37.3% $26 / Sq Ft
02/27/2024 02/27/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $399,000 -- $42 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2025 $15,666 $176,260 $13,230 $163,030
2024 $15,666 $176,260 $13,230 $163,030
2023 $15,329 $176,260 $13,230 $163,030
2022 $13,282 $155,300 $11,660 $143,640
2021 $12,915 $149,690 $11,240 $138,450
2020 $12,915 $141,430 $10,620 $130,810
2019 $12,018 $141,430 $10,620 $130,810
2018 $12,018 $141,430 $10,620 $130,810
2017 $11,748 $141,430 $10,620 $130,810
2015 $11,232 $133,970 $10,060 $123,910
2013 $8,739 $133,970 $10,060 $123,910
2012 $8,739 $133,970 $10,060 $123,910
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: EB452136

Midwest Real Estate Data (MRED)

APN: 02-19-439-007

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