NOT LISTED FOR SALE
12 Beds
-- Bath
-- Sq Ft
6,098 Sq Ft Lot

Last Sold November 15, 2016

Last sale price $331,101

14 Days on Market

About This Home

As of November 2016

Investors Delight well kept brick 12 unit building in Chatham. All units are 1 bedroom 1bath. Newer roof 10/2014 sidewalk tuck pointing 10/2015, glass block windows 1/2016 and newer windows throughout!

Last Agent to Sell the Property

Domonique Robinson

Real People Realty License #475161927 Listed on: 08/04/2016

Real People Realty

Last Buyer's Agent

Diane Howard

Area Realty Group Inc. License #471017620

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,036

Year Built

  • Built in 1923

Lot Details

  • 6,098

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 12 Bedrooms
  • 3-Story Property

Additional Features

  • 6,098 Sq Ft Lot
  • Radiator

Listing and Financial Details

  • Tenant pays for electricity, varies by tenant

Community Details

Overview

  • 12 Units

Building Details

  • Electric Expense $555
  • Insurance Expense $5,952
  • Maintenance Expense $25,000
  • Trash Expense $3,360
  • Water Sewer Expense $3,787
  • Operating Expense $34,400
  • Gross Income $10,860
  • Net Operating Income $74,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,036

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1923
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bedrooms: 12
  • Room: 0

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Heat/Ventilation: Radiators

Fee Information

  • Trash Expense: 3360
  • Water Sewer Expenses: 3787

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 6262 SQFT
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Varies by Tenant
  • Board Number: 10

Multi Family

  • Net Operating Income: 74200
  • Insurance Expense: 5952
  • ElectricExpense: 555
  • GrossIncome: 10860
  • Maintenance Expense: 25000
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 34400
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 7035.52
  • Tax Year: 2015
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

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2016 11/15/16 Sold $331,101 -11.7% --
08/18/2016 08/18/16 Pending -- -- --
08/04/2016 08/04/16 For Sale $375,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $11,393 $60,001 $4,697 $55,304
2024 $11,393 $60,001 $4,697 $55,304
2023 $11,107 $54,001 $7,828 $46,173
2022 $11,107 $54,001 $7,828 $46,173
2021 $10,859 $53,999 $7,827 $46,172
2020 $10,547 $47,346 $5,635 $41,711
2019 $8,823 $47,346 $5,635 $41,711
2018 $9,352 $47,346 $5,635 $41,711
2017 $9,060 $42,086 $5,009 $37,077
2016 $7,929 $42,086 $5,009 $37,077
2015 $7,231 $42,086 $5,009 $37,077
2014 $7,036 $40,488 $4,383 $36,105
2013 $7,364 $40,488 $4,383 $36,105
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09306609

Midwest Real Estate Data (MRED)

APN: 20342290170000