NOT LISTED FOR SALE

Estimated Value: $816,000 - $929,109

4 Beds
4 Baths
3,859 Sq Ft
$228/Sq Ft Est. Value

Last Sold March 23, 2023

Last sale price $862,500 $224 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,414/month

66 Days on Market

Highlights

  • 1 Car Attached Garage
  • Forced Air Heating System
  • Level Lot
  • Sunnyside Environmental School Rated 9+
  • Laundry Facilities
  • Wood Siding

About This Home

As of March 2023

Light and bright 4 level 1904 Triplex with many south facing windows. Current triplex could be easily converted to fantastic owner occupied duplex. Natural woodwork & vintage 1904 character. Tuck under garage and sunny backyard w/ patio. Two large covered bike parking storage areas, 2 custom cedar wood raised garden beds, 50X100 lot + large garden shed and fantastic porches for all three units. Close to shopping and restaurants on SE Belmont and SE 28th. Rents have not been raised since 2019.

Last Agent to Sell the Property

Kevin Caplener

Windermere Realty Trust License #200503167 Listed on: 12/17/2022

Windermere Realty Trust

Co-Listed By

JAMIE MARION

Windermere Realty Trust License #201210023

Last Buyer's Agent

Drew Coleman

Opt License #200109070

Opt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,078

Year Built

  • Built in 1904

Lot Details

  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Composition Roof
  • Wood Siding
  • Lap Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,859 Sq Ft Home
  • 4-Story Property
  • Partially Finished Basement
  • Partial Basement

Schools

  • Sunnyside Env Elementary And Middle School
  • Franklin High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • Electric Water Heater

Listing and Financial Details

  • Rent includes ground maintenance, sewer, trashcollection, water
  • Assessor Parcel Number R175592

Community Details

Overview

  • 3 Units
  • Buckman / Belmont Subdivision

Amenities

  • Common Area
  • Laundry Facilities

Building Details

  • Operating Expense $12,170
  • Gross Income $55,620
  • Net Operating Income $43,133

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,078

Year Built

Built in 1904

Lot Details

0

Parking

1

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 4
  • Year Built: 1904
  • Property Condition: Approximately
  • Unreinforced Masonry Building: No
  • Property Attached Yn: No
  • Open House: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: PartialBasement, PartiallyFinished
  • Storage: Attached,Basement
  • Lot Size Range: SqFt5000to6999

Exterior Features

  • Exterior Description: LapSiding,WoodSiding
  • Lot Size: 5,000 to 6,999 SqFt
  • Foundation Details: ConcretePerimeter
  • View: No
  • Lot Features: Level
  • Road Surface Type: Concrete
  • Disclosures: Disclosure
  • Roof: Composition

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Total Parking Spaces: 1.0

Utilities

  • Fuel Description: Gas
  • Hot Water: Electricity
  • Cooling: None
  • Cooling Y N: No
  • Heating: ForcedAir
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Condo/Co-op/Association

  • Community Features: Commons, Laundry

Schools

  • Elementary School: Sunnyside Env
  • High School: Franklin
  • Middle Or Junior School: Sunnyside Env

Lot Info

  • Zoning: R5
  • Parcel #: R175592

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: MaintenanceGrounds, Sewer, TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Year: 2021
  • Tax Annual Amount: 8078.27

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType2, UnitTypeType3
  • Number Of Units Total: 3
  • Gross Rent Multiplier: 15.73
  • Annual Gross Income: 55620.0
  • Property Net Operating Income: 43133.0
  • Annual Operating Expense: 12170.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2022
Closed on
Feb 23, 2023
Sold by
Clarke Randall L
Bought by
Solomon Marcus L and Solomon Cameron J
Seller's Agent
Kevin Caplener
Windermere Realty Trust
Buyer's Agent
Drew Coleman
Opt
List Price
$899,900
Sold Price
$862,500
Premium/Discount to List
-$37,400
-4.16%
Views
133
Current Estimated Value
$879,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,027
Avg. Annual Appreciation
0.48%
Original Mortgage
$646,875
Outstanding Balance
$630,140
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$242,672
Source: Public Records

Range of Values:

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Average Value
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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
Solomon Marcus L $862,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solomon Marcus L $646,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2023 03/23/23 Sold $862,500 -1.4% $224 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
02/13/2023 02/13/23 Price Changed $875,000 -2.8% $227 / Sq Ft
12/17/2022 12/17/22 For Sale $899,900 -- $233 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $8,735 $326,470 -- --
2023 $8,399 $316,970 $0 $0
2022 $8,217 $307,740 $0 $0
2021 $8,078 $298,780 $0 $0
2020 $7,411 $290,080 $0 $0
2019 $7,138 $281,640 $0 $0
2018 $6,929 $273,440 $0 $0
2017 $6,640 $265,480 $0 $0
2016 $6,077 $257,750 $0 $0
2015 $5,918 $250,250 $0 $0
2014 $5,829 $242,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 22477799

Regional Multiple Listing Service (RMLS)

APN: R175592