NOT LISTED FOR SALE

Estimated Value: $587,000 - $606,000

8 Beds
8 Baths
4,606 Sq Ft
$130/Sq Ft Est. Value

Last Sold May 25, 2023

Current estimated payment $3,440/month

90 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

As of May 2023

**Investment Property Opportunity** Don't miss a great opportunity to own an 8-unit apartment. Each unit is a 1 bedroom 1 bath with a living area. Property is convenient and currently completely rented.

Last Agent to Sell the Property

Drew Jackson

Havard Real Estate Group, LLC License #S50748 Listed on: 01/05/2023

Last Buyer's Agent

Dwanna Stanley

The Agency Haus LLC DBA Agency License #B22185

The Agency Haus LLC DBA Agency

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,046

Year Built

  • Built in 1986

Lot Details

  • 0.27

Parking

  • 8 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof
  • Siding

Interior Spaces

  • 4,606 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Schools

  • Casey Elementary School
  • Chastain Middle School
  • Murrah High School

Additional Features

  • 0.27 Acre Lot
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 8 Units
  • Belhaven/Belhaven Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-19-1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,046

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Unit Levels: Two
  • Parking Features Parking Total: 8.0
  • Prop. Type: Residential Income
  • Structure Type: Multi Family
  • Year Built: 1986
  • Lot Size Acres: 0.27
  • Subdivision Name: Belhaven/Belhaven Heights
  • Directions: From I-55 take High St exit. Turn Right onto Rio St. Property is on the left
  • New Construction: No
  • Remarks Miscellaneous:Agent Remarks: *****There will be NO showings until there is a contract on the property***** -Proof of funds or pre-approval letter required -Once the property is in contract, buyer will have a 10 day due diligence period to view the property and complete any and all inspections the buyer would like at the buyers expense. If the buyer is not satisfied, the buyer can terminate the contract with no recourse - Please call me with any questions @ 601-479-8933
  • General Property Information:List PriceSqFt: 135.69
  • General Property Information:New Construction: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Furnished: No
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: None
  • Foundation Details: Slab
  • Roof: Asphalt
  • WaterfrontFeaturesWaterfront: No
  • Pool Private: No
  • Construction Type: Brick, Siding
  • Exterior Features:None11: Yes
  • General Property Information:Accessibility Features: No

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
  • Heating:Central: Yes

Association/Amenities

  • Tax and Financial Information:Association: No

Schools

  • Elementary School: Casey
  • High School: Murrah
  • Middle Or Junior School: Chastain

Lot Info

  • Parcel #: 25-19-1
  • Lot Size Sq Ft: 11761.2
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4045.83
  • Tax Year: 2021

Multi Family

  • Number Of Units Total: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2012
Sold by
Lanier-Taylor Properties Inc
Bought by
Rio Apartments Llc
Current Estimated Value
$587,000

Purchase Details

Closed on
Sep 23, 2009
Sold by
J Rio Llc
Bought by
Lanier Taylor Properties Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
Rio Apartments Llc -- --
Lanier Taylor Properties Inc -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2023 05/25/23 Sold -- -- --
04/06/2023 04/06/23 Pending -- -- --
04/06/2023 04/06/23 Price Changed $625,000 -8.1% $136 / Sq Ft
01/05/2023 01/05/23 For Sale $680,000 -- $148 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
Source: MLS United

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 $4,272 $21,431 $3,600 $17,831
2024 $4,272 $21,431 $3,600 $17,831
2023 $4,272 $21,026 $3,600 $17,426
2022 $4,172 $21,026 $3,600 $17,426
2021 $4,046 $21,026 $3,600 $17,426
2020 $3,998 $20,897 $3,600 $17,297
2019 $4,001 $20,897 $3,600 $17,297
2018 $3,957 $20,897 $3,600 $17,297
2017 $3,854 $20,897 $3,600 $17,297
2016 $3,854 $20,897 $3,600 $17,297
2015 $3,332 $18,614 $3,600 $15,014
2014 $3,328 $18,614 $3,600 $15,014
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS United

MLS Number: 4013888

MLS United

APN: 0025-0019-001