NOT LISTED FOR SALE

Estimated Value: $1,251,021

13 Beds
10 Baths
-- Sq Ft
0.25 Acres

Last Sold July 15, 2019

Last sale price $775,000

Est. 61% increase in value since last sale

Current estimated payment $7,597/month

7 Days on Market

About This Home

As of July 2019

Great Investment in a Great location for this will taken care of brick 10 unit. Three 2 Bedrooms. Seven 1 bedrooms. All units currently rented. Newer windows installed in 2015. New flooring in entrances. New to newer flooring in some units. Large storage units in the basement for each apartment. Tenants pay Electric. Washer and Drier in the basement owned and serviced by third party. 7 off-street parking spaces behind building. On street parking allowed. Bus available at 6 corners. Retail stores and restaurants walking distance. Please note the Trust has put the profits back into improvements and improved maintenance.

Last Agent to Sell the Property

Bonnie Horne

Coldwell Banker Real Estate Group License #475143200 Listed on: 05/23/2019

Coldwell Banker Real Estate Group

Co-Listed By

Shelbey Hammond

Coldwell Banker Real Estate Group License #475141167

Last Buyer's Agent

Leah Kapsimalis

RE/MAX Ultimate Professionals License #475128646

RE/MAX Ultimate Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,562

Year Built

  • 1910

Lot Details

  • 0.25

Home Design

  • Brick Exterior Construction

Utilities

  • Window Unit Cooling System

Community Details

  • Fuel Expense $5,052
  • Insurance Expense $4,461

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,562

Year Built

1910

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Zoning Type: COMMR
  • Estimated Age: Older
  • Net Oper Income: 58030
  • Outdoor Parking: 6-12 Spaces
  • Repairs Decor Expense: 9000
  • Scavenger Expense: 3375
  • Total Annual Exp: 16570
  • Total Annual Income: 87600
  • Total Monthly Income: 7300
  • Number of Ranges: 10
  • Number Of Refrigs: 10
  • Number Of Window A C: 9
  • Number Of Stories: 2
  • Estimated Year Built: 1910
  • Type Multi Family: Corridor-Interior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Exterior Features

  • Exterior Building Type: Brick
  • Acreage: 0.25
  • Construction: Brick

Garage/Parking

  • Number Of Parking Spaces: 7

Utilities

  • Air Conditioner: Window Unit/s
  • Heatventilation: Hot Water
  • Water Expense: 2170

Condo/Co-op/Association

  • Units in Building: 10

Fee Information

  • Electricity Expense: 1512
  • Electrical Service: Circuit Breakers
  • Janitor Expense: 4000

Lot Info

  • Lot Dimensions: 88X124X89X124
  • Lot Sq Ft: 11011
  • Parcel Identification Number: 3007091000050000

Rental Info

  • Gross Rental Income: 87600
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2018
  • Fuel Expense: 5052
  • Insurance Expense: 4461

Tax Info

  • Taxes: 13754

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2019
Closed on
Jul 15, 2019
Sold by
Schultz Investments Inc
Bought by
Virtus Properties Llc
Seller's Agent
Bonnie Horne
Coldwell Banker Real Estate Group
Buyer's Agent
Leah Kapsimalis
RE/MAX Ultimate Professionals
List Price
$779,000
Sold Price
$775,000
Premium/Discount to List
-$4,000
-0.51%
Current Estimated Value
$1,251,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$476,021
Avg. Annual Appreciation
8.00%
Original Mortgage
$581,250
Outstanding Balance
$509,227
Interest Rate
3.82%
Mortgage Type
Commercial
Estimated Equity
$741,794
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Virtus Properties Llc $775,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Virtus Properties Llc $581,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2019 07/15/19 Sold $775,000 -0.5% --
05/30/2019 05/30/19 Pending -- -- --
05/23/2019 05/23/19 For Sale $779,000 -- --
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
2024 $11,562 $138,035 $36,545 $101,490
2023 $11,562 $138,035 $36,545 $101,490
2022 $12,748 $138,035 $36,545 $101,490
2021 $12,972 $138,035 $36,545 $101,490
2020 $12,960 $138,035 $36,545 $101,490
2019 $13,264 $138,035 $36,545 $101,490
2018 $13,754 $138,035 $36,545 $101,490
2017 $14,258 $138,035 $36,545 $101,490
2016 $14,836 $138,035 $36,545 $101,490
2015 $15,329 $138,035 $36,545 $101,490
2014 $15,329 $138,035 $36,545 $101,490
2013 $15,329 $138,035 $36,545 $101,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10392485

Midwest Real Estate Data (MRED)

APN: 30-07-09-100-005