NOT LISTED FOR SALE

Estimated Value: $294,000 - $378,000

3 Beds
5 Baths
1,721 Sq Ft
$199/Sq Ft Est. Value

Sale Details

Date Sold: April 23, 2014

Last sale price $140,000 $81 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $2,100 / mo

8 Days on Market

Highlights

  • Lake Privileges
  • Spencer Road Elementary School Rated A
  • 6 Car Garage

About This Home

As of April 2014

Five rental cottage apartments in a courtyard setting. Three one bedroom and two studio, all with different layouts and of different sizes. Very high occupancy rate with long term tenants in place and great income opportunity. Most of the units have been remodeled in the last four years. Lake privileges on Island Lake and Island Lake recreation area walking distance just down the road. Brighton Schools and close to shopping and freeways.

Last Agent to Sell the Property

Maia Braun

Braun Realty License #6501280607 Listed on: 03/23/2014

Last Buyer's Agent

Maia Braun

Braun Realty License #6501280607 Listed on: 03/23/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950 | Remodeled in 2011

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 82.00x73.00

Parking

  • 6 Car Garage

Home Design

  • 1,721 Sq Ft Home
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof
  • Rubber Roof
  • Masonry

Utilities

  • Wall Furnace
  • Back Up Electric Heat Pump System
  • Heating System Uses Natural Gas
  • Electric Water Heater

Additional Features

  • 5 Full Bathrooms
  • Lake Privileges

Listing and Financial Details

  • Assessor Parcel Number 1604203013

Community Details

Overview

  • 5 Units
  • Island Lake Colony Sub Subdivision

Recreation

  • Water Sports

Property Details

Home Type

Multi-Family

Year Built

Built in 1950 | Remodeled in 2011

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Multifamily
  • Assessment: 1251.95
  • Year Built: 1950
  • Year Renovated: 2011
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Total Sq Ft: 1721

Exterior Features

  • Roof Material: Asphalt, Rubber
  • Waterfront Name: Island Lake
  • Foundation Details: Slab
  • Construction Materials: Block/Concrete/Masonry, Wood
  • Foundation Materials: Poured
  • Road Frontage Type: Paved
  • Waterfront Description: Lake/River Priv

Garage/Parking

  • Garage: Yes
  • MF Parking: Paved
  • Total Parking Spaces: 6

Utilities

  • Heating Fuel: Electric, Natural Gas
  • Heating: Wall/Floor Furnace
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Electric
  • Water Source: Well (Existing)
  • Laundry Facilities: No

Lot Info

  • List Price per Acre: 1142857.1429
  • Lot Size Area: 0.14
  • Lot Dimensions: 82.00X73.00
  • Parcel Number: 1604203013
  • Zoning: Residential

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Water/Sewer
  • Monthly Rental Income: 2125

Tax Info

  • Tax Amount Summer: 1648.0000
  • Tax Amount Winter: 2114.0000
  • Total Tax: 3762.0000

Multi Family

  • Waterfront Features: All Sports Lake
  • Gross Scheduled Income: 25500.00
  • Number Of Units Total: 5
  • Number of Efficiency Units: 2

MLS Schools

  • School District: Brighton

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

Closed on
Aug 25, 2022
Sold by
Bought by
Current Estimated Value
$342,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
0.053%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 3, 2020
Sold by
Bought by

Purchase Details

Closed on
Dec 27, 2018
Sold by
Bought by

Purchase Details

Closed on
Jul 15, 2010
Sold by
Bought by

Purchase Details

Closed on
Jul 13, 2010
Sold by
Bought by

Purchase Details

Closed on
Jun 23, 2004
Sold by
Bought by

Purchase Details

Closed on
Jun 21, 2000
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$305,000 --
-- None Available
$140,000 --
$63,500 --
$50,000 --
-- --
$151,000 Metropolitan Title Company
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 $205,000
Previous Owner $249,801
Previous Owner --
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
04/23/2014 04/23/14 Sold $140,000 -12.5% $81 / Sq Ft
03/31/2014 03/31/14 Pending -- -- --
03/23/2014 03/23/14 For Sale $160,000 -- $93 / Sq Ft
Source: Realcomp

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 $2,999 $124,000 $0 $0
2024 $2,911 $108,600 $0 $0
2023 $2,777 $90,400 $0 $0
2022 $3,812 $81,500 $0 $0
2021 $3,812 $92,600 $0 $0
2020 $3,800 $85,000 $0 $0
2019 $3,767 $81,500 $0 $0
2018 $3,729 $68,200 $0 $0
2017 $3,705 $69,100 $0 $0
2016 $3,697 $68,900 $0 $0
2014 $4,084 $56,400 $0 $0
2012 $4,084 $54,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 214023887

Realcomp

APN: 16-04-203-013

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