NOT LISTED FOR SALE
9 Beds
5 Baths
7,102 Sq Ft
7,841 Sq Ft Lot

Last Sold March 07, 2022

Last sale price $665,000 $94 Per Sq Ft

63 Days on Market

About This Home

As of March 2022

5-unit on a quiet street in West Ridge. 4 units are 2 Bedroom, 1 Bath layouts and 1 is 1 bedroom, 1 bath. The floor plans are very large and spacious. Each 2 bedroom has a separate eat-in kitchen, formal living room and dining room, large bedrooms, and a sun room. The 1 bedroom is ground level, very large, with high ceilings. 3 units are occupied by family/owners and 2 are on leases set to expire summer 2022. Garage has 4 separate bays. Large lot. Rents are all below market.

Last Agent to Sell the Property

Billy Mayer

Compass License #475146660 Listed on: 09/14/2021

Compass

Last Buyer's Agent

Billy Mayer

Compass License #475146660 Listed on: 09/14/2021

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,464

Year Built

  • Built in 1926

Lot Details

  • 8,204 Sq Ft Lot
  • Lot Dimensions are 65.9x124.5

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 7,102 Sq Ft Home
  • 2-Story Property
  • 4 Fireplaces

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 5 Units

Building Details

  • Electric Expense $600
  • Fuel Expense $5,400
  • Insurance Expense $5,400
  • Trash Expense $800
  • Water Sewer Expense $800
  • Operating Expense $27,464
  • Gross Income $40,800
  • Net Operating Income $13,336

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,464

Year Built

Built in 1926

Lot Details

8,204 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 2
  • Year Built: 1926
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,48-Hr Notice Required,Court Approval Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 5
  • Total Bedrooms: 9
  • Fireplaces: 4
  • Fireplaces: 2
  • Refrigerators: 5
  • Ranges: 5
  • Number of Washers: 2
  • Room: 0

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Heat/Ventilation: Forced Air,Gas
  • Leased Washer Dryer YN: No

Fee Information

  • Trash Expense: 800
  • Water Sewer Expenses: 800

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.18
  • Lot Dimensions: 65.9X124.5
  • Lot Size Sq Ft: 8204

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8
  • Tenancy Type: Leases,Month To Month,None

Building Info

  • BuildingAreaTotal: 7102

Multi Family

  • Net Operating Income: 13336
  • Fuel Expense: 5400
  • Insurance Expense: 5400
  • ElectricExpense: 600
  • GrossIncome: 40800
  • NumberOfUnitsTotal: 5
  • OperatingExpense: 27464
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 15464
  • Tax Year: 2019
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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
03/07/2022 03/07/22 Sold $665,000 -21.8% $94 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $850,000 -- $120 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $14,769 $90,000 $20,625 $69,375
2024 $14,769 $85,000 $20,625 $64,375
2023 $13,694 $70,000 $16,500 $53,500
2022 $13,694 $70,000 $16,500 $53,500
2021 $13,407 $70,000 $16,500 $53,500
2020 $14,837 $69,706 $14,025 $55,681
2019 $15,464 $80,399 $14,025 $66,374
2018 $15,203 $80,399 $14,025 $66,374
2017 $11,461 $56,616 $12,375 $44,241
2016 $10,839 $56,616 $12,375 $44,241
2015 $9,894 $56,616 $12,375 $44,241
2014 $10,145 $57,249 $11,550 $45,699
2013 $9,934 $57,249 $11,550 $45,699
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11218942

Midwest Real Estate Data (MRED)

APN: 10364030240000

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