NOT LISTED FOR SALE

Estimated Value: $468,379 - $491,000

Studio
-- Bath
-- Sq Ft
3,312 Sq Ft Lot Lot

Sale Details

Date Sold: April 11, 2024

Last sale price $450,000

Est. 7% increase in value since last sale

Current estimated payment $3,123 / mo

58 Days on Market

About This Home

As of April 2024

Great investment property in a developing area! This 4 unit property appraised OVER the listing price. Located on the Red Line. All four units are three bedroom, one bath with individually metered electric and gas. Coin operated laundry in the basement is leased and adds to monthly income. New indoor mail system approved by postmaster with parcel locker for secure tenant mail/package delivery and 5 new breaker boxes for each unit and common area. This building is zoned D8 and several new multi-use buildings are being constructed in this area. Owner pays water, sewer, and common area electric. 2x 80 gal water heaters handle all units & laundry. Utility bill average is $200/mo. Could charge a flat rate for water/sewer/electric, and add more washer/dryers & storage units in the basement for additional income.

Last Agent to Sell the Property

Devan Lunceford

Totalis Real Estate Solutions Brokerage Email: devan@devanlunceford.com License #RB20001289 Listed on: 01/05/2024

Last Buyer's Agent

Erik Wentz

F.C. Tucker Company

F.C. Tucker Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,410

Year Built

  • Built in 1920

Lot Details

  • 3,312

Home Design

  • Quadruplex

Additional Features

  • 2-Story Property
  • 3,312 Sq Ft Lot
  • Basement

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, insurance
  • The owner pays for insurance, lawncare, taxes, sewer, water
  • Tax Lot 101
  • Assessor Parcel Number 490624119088000101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,410

Year Built

Built in 1920

Lot Details

3,312 Sq Ft Lot

Listing Details

  • Property Sub Type: Fourplex
  • Property Type: Residential Income
  • New Construction: No
  • Tax Year: 2023
  • Year Built: 1920
  • Lot Size Acres: 0.08
  • Subdivision Name: No Subdivision
  • Transaction Type: Sale
  • Conversion: No
  • MBR_AttributionContact: devan@devanlunceford.com
  • Multi Rooms: 20
  • Attribution Contact: devan@devanlunceford.com
  • Special Features: None

Interior Features

  • Basement: Yes
  • Levels: Two
  • Owner Pays: Insurance, Lawncare, Taxes, Sewer, Water
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Direction Faces: North
  • Road Access: Frontage Road,Street Cuts

Utilities

  • Solid Waste: No

Lot Info

  • Additional Parcels: No
  • Current Use: Apt<20
  • Lot Size Sq Ft: 3312
  • Parcel Number: 490624119088000101
  • Zoning: Commercial
  • Acres: <1/4 Acre

Green Features

  • Green Certification Y N: No

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Insurance

Tax Info

  • Tax Annual Amount: 2410
  • Tax Lot: 101
  • Semi Annual Property Tax Amt: 1205

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
Jan 5, 2024
Closed on
Apr 9, 2024
Sold by
Bought by
Seller's Agent
Devan Lunceford
Totalis Real Estate Solutions
Buyer's Agent
Erik Wentz
F.C. Tucker Company
List Price
$450,000
Sold Price
$450,000
Views
113
Current Estimated Value
$479,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,690
Avg. Annual Appreciation
2.96%
Original Mortgage
$427,500
Outstanding Balance
$418,804
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$60,886

Purchase Details

Listed on
Jan 5, 2024
Closed on
Apr 8, 2024
Sold by
Bought by
Seller's Agent
Devan Lunceford
Totalis Real Estate Solutions
Buyer's Agent
Erik Wentz
F.C. Tucker Company
List Price
$450,000
Sold Price
$450,000
Views
113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Outstanding Balance
$418,804
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$60,886

Purchase Details

Listed on
Feb 18, 2021
Closed on
Mar 29, 2021
Sold by
Bought by
Seller's Agent
Jerry Gemmecke
F.C. Tucker Company
Buyer's Agent
Devon Hicks
T&H Realty Services, Inc.
List Price
$300,000
Sold Price
$316,000
Premium/Discount to List
$16,000
5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.29%
Original Mortgage
$237,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 18, 2021
Closed on
Mar 25, 2021
Sold by
Bought by
Seller's Agent
Jerry Gemmecke
F.C. Tucker Company
Buyer's Agent
Devon Hicks
T&H Realty Services, Inc.
List Price
$300,000
Sold Price
$316,000
Premium/Discount to List
$16,000
5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 4, 2020
Closed on
Mar 12, 2020
Sold by
Bought by
Seller's Agent
Maxwell Richter
Wilmoth Group
Buyer's Agent
Jerry Gemmecke
F.C. Tucker Company
List Price
$229,000
Sold Price
$230,500
Premium/Discount to List
$1,500
0.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.84%
Original Mortgage
$184,400
Interest Rate
3.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 22, 2016
Closed on
Oct 12, 2016
Sold by
Bought by
Seller's Agent
Charlene Gaard
No Limit Real Estate, LLC
Buyer's Agent
William Bryant
List Price
$125,000
Sold Price
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.66%

Purchase Details

Closed on
Oct 28, 2011
Sold by
Bought by

Purchase Details

Closed on
Jun 21, 2011
Sold by
Bought by

Purchase Details

Closed on
Dec 22, 2006
Sold by
Bought by

Purchase Details

Closed on
Oct 13, 2005
Sold by
Bought by

Purchase Details

Closed on
May 31, 2005
Sold by
Bought by
Source: Public Records
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

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
-- None Listed On Document
$450,000 None Listed On Document
-- Fidelity National Title
-- Fidelity National Title
$316,000 Fidelity National Title
$316,000 Fidelity National Title
-- None Available
-- None Available
-- None Available
$41,651 None Available
-- None Available
-- None Available
-- None Available
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 $427,500
Closed $427,500
Previous Owner $237,000
Previous Owner $237,000
Previous Owner $184,400
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 Prior Sale
04/11/2024 04/11/24 Sold $450,000 0.0% --
03/04/2024 03/04/24 Pending -- -- --
03/01/2024 03/01/24 For Sale $450,000 0.0% --
02/21/2024 02/21/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $450,000 0.0% --
01/08/2024 01/08/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $450,000 +42.4% --
03/25/2021 03/25/21 Sold $316,000 +5.3% -- View Prior Sale
02/19/2021 02/19/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $300,000 +30.2% --
03/13/2020 03/13/20 Sold $230,500 +0.7% -- View Prior Sale
02/07/2020 02/07/20 Pending -- -- --
02/04/2020 02/04/20 For Sale $229,000 +83.2% --
10/14/2016 10/14/16 Sold $125,000 0.0% -- View Prior Sale
09/12/2016 09/12/16 Off Market $125,000 -- --
08/22/2016 08/22/16 For Sale $125,000 -- --
Source: MIBOR Broker Listing Cooperative®

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 $6,291 $266,700 $32,200 $234,500
2024 $3,913 $265,100 $32,200 $232,900
2023 $3,913 $157,200 $16,100 $141,100
2022 $3,418 $126,300 $16,100 $110,200
2021 $2,463 $104,500 $14,600 $89,900
2020 $2,158 $91,000 $14,600 $76,400
2019 $2,119 $87,700 $14,600 $73,100
2018 $2,136 $87,700 $14,600 $73,100
2017 $1,788 $82,100 $14,600 $67,500
2016 $1,670 $78,300 $14,600 $63,700
2014 $1,699 $78,600 $14,600 $64,000
2013 $1,634 $78,600 $14,600 $64,000
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21958749

MIBOR Broker Listing Cooperative®

APN: 49-06-24-119-088.000-101

Your Personal Tour Guide

Ask me questions while you tour the home.