NOT LISTED FOR SALE
18 Beds
6 Baths
10,288 Sq Ft
6,250 Sq Ft Lot

Sale Details

Date Sold: October 11, 2024

Last sale price $550,000 $53 Per Sq Ft

299 Days on Market

Highlights

  • 6,250 Sq Ft lot
  • Skylights
  • 2-minute walk to Hamilton Park
  • 6 Fireplaces
  • Forced Air Heating System

About This Home

As of October 2024

Come See This Amazing Investment Opportunity. This Multi-Resident Building Has Six Oversized Units, Basement And Detached 3 Car Garage. Each Unit Consists Of 3 Bedrooms, 1 Bath, Separate Living Room With A Balcony And Dining Room With Coffered Ceilings. There Are Individual Heating Systems And The Property Has A New Back Porch.

Last Agent to Sell the Property

Perdure Carter

Realty of America, LLC License #471009363 Listed on: 10/16/2023

Realty of America, LLC

Last Buyer's Agent

Ashraf Hamodeh

Real People Realty License #475183093

Real People Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,217

Year Built

  • Built in 1898

Lot Details

  • 6,250 Sq Ft Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Reflective Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 10,288 Sq Ft Home
  • 3-Story Property
  • Skylights
  • 6 Fireplaces
  • Unfinished Basement

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 6 Bathrooms

Utilities

  • No Cooling
  • Forced Air Heating System
  • Floor Furnace
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $720
  • Fuel Expense $3,000
  • Insurance Expense $3,908
  • Maintenance Expense $1,000
  • Trash Expense $1,728
  • Water Sewer Expense $3,600
  • Operating Expense $20,295
  • Gross Income $98,400
  • Net Operating Income $78,105

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,217

Year Built

Built in 1898

Lot Details

6,250 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Corridor-Interior Entrance
  • Stories: 3
  • Year Built: 1898
  • Built Before 1978 (Y/N): Yes
  • Information: Short Notice OK
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 18
  • Fireplaces: 6
  • Basement Description: Unfinished
  • Misc Inside: Inside Corridor/s,Skylight/s
  • Fireplaces: 0
  • Drive-In Doors: 0
  • Dishwashers: 0
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Concrete Perimeter
  • Frontage Type: City Street
  • Roof: Reflective Coating
  • Exterior Building Type: Brick
  • Roof Structure: Flat
  • Misc Outside: Balcony/ies,Security Gate

Utilities

  • Cooling: None
  • Electric: Circuit Breakers
  • Utilities: Sanitary Sewer, Water-Municipal
  • Heat/Ventilation: Forced Air,Gas,Individual Furnaces
  • Leased Washer Dryer YN: No

Condo/Co-op/Association

  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1728
  • Water Sewer Expenses: 3600

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: PER SURVEY
  • Lot Size Sq Ft: 6250
  • Zoning: MULTI
  • Land Amenities: Curbs and Gutters,Security Entrance,Sidewalks

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8

Building Info

  • BuildingAreaTotal: 10288

Multi Family

  • Net Operating Income: 78105
  • Fuel Expense: 3000
  • Insurance Expense: 3908
  • ElectricExpense: 720
  • GrossIncome: 98400
  • Maintenance Expense: 1000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 20295
  • Type Multi-Family: Corridor-Interior Entrance

Tax Info

  • Tax Annual Amount: 3217
  • Tax Year: 2021

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

Listed on
Oct 16, 2023
Closed on
Oct 11, 2024
Sold by
Bought by
Seller's Agent
Perdure Carter
Realty of America, LLC
Buyer's Agent
Ashraf Hamodeh
Real People Realty
List Price
$590,597
Sold Price
$550,000
Premium/Discount to List
-$40,597
-6.87%
Views
157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
7.63%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Mar 8, 2022
Closed on
Aug 10, 2022
Sold by
Bought by
Seller's Agent
Perdure Carter
Realty of America, LLC
Buyer's Agent
Perdure Carter
Realty of America, LLC
List Price
$575,000
Sold Price
$540,000
Premium/Discount to List
-$35,000
-6.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.85%

Purchase Details

Closed on
Oct 30, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,385
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 24, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,385
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 6, 2004
Sold by
Bought by

Purchase Details

Closed on
Jun 4, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.75%
Mortgage Type
Commercial
Source: Public Records
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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
$550,000 None Listed On Document
$540,000 None Listed On Document
$95,000 Lakeland Title Services
$180,000 Lakeland Title Services
-- --
$100,000 --
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
Previous Owner $412,500
Previous Owner $125,385
Previous Owner $308,000
Previous Owner $400,000
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 Prior Sale
10/11/2024 10/11/24 Sold $550,000 -6.9% $53 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
07/11/2024 07/11/24 For Sale $590,597 0.0% $57 / Sq Ft
06/19/2024 06/19/24 Pending -- -- --
05/18/2024 05/18/24 Price Changed $590,597 -0.1% $57 / Sq Ft
04/12/2024 04/12/24 Price Changed $590,900 0.0% $57 / Sq Ft
04/12/2024 04/12/24 For Sale $590,900 -0.8% $57 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
11/15/2023 11/15/23 Price Changed $595,900 -0.7% $58 / Sq Ft
10/17/2023 10/17/23 For Sale $599,900 +11.1% $58 / Sq Ft
08/10/2022 08/10/22 Sold $540,000 -6.1% -- View Prior Sale
05/02/2022 05/02/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $575,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $3,376 $53,000 $1,875 $51,125
2024 $3,376 $53,000 $1,875 $51,125
2023 $3,291 $16,001 $4,063 $11,938
2022 $3,291 $16,001 $4,063 $11,938
2021 $3,217 $15,999 $4,062 $11,937
2020 $2,662 $11,948 $4,687 $7,261
2019 $2,728 $13,578 $4,687 $8,891
2018 $2,682 $13,578 $4,687 $8,891
2017 $4,877 $22,655 $4,062 $18,593
2016 $4,538 $22,655 $4,062 $18,593
2015 $4,151 $22,655 $4,062 $18,593
2014 $4,261 $22,963 $3,750 $19,213
2013 $4,176 $22,963 $3,750 $19,213
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11910794

Midwest Real Estate Data (MRED)
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