NOT LISTED FOR SALE

Estimated Value: $236,542 - $256,000

-- Bed
2 Baths
1,848 Sq Ft
$134/Sq Ft Est. Value

Last Sold September 14, 2022

Last sale price $205,000 $111 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $1,405/month

Highlights

  • Colonial Architecture
  • Electric Baseboard Heater
  • 5-minute walk to Memorial Park

About This Home

As of September 2022

Updated 2 unit building generating good income and low owner expenses. Both units have newer kitchens and baths and have electric baseboard heat. Tenants pay for electric and owner pays for water/sewer. Both units have 2 bedrooms and the upstairs apartment has a 3rd floor loft. First floor units was just remodeled and rented for $925/mth. Upstairs units has a long term tenants and is rented for $750/mth so there is room to increase. The building also has a metal roof, front porch, fenced in back yard and off street parking.

Last Agent to Sell the Property

Eddie Jefferson

The Glocker Group Realty Results Listed on: 03/22/2022

Last Buyer's Agent

kelly speake

EXP Realty, LLC

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,701

Year Built

  • Built in 1903

Lot Details

  • 3,900 Sq Ft Lot
  • Property is in good condition

Parking

  • Driveway

Home Design

  • Duplex
  • Colonial Architecture
  • Stone Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • Unfinished Basement
  • Crawl Space
  • Electric Oven or Range

Utilities

  • Window Unit Cooling System
  • Vented Exhaust Fan
  • Electric Baseboard Heater
  • Electric Water Heater

Community Details

  • 2 Units
  • Operating Expense $1,950

Listing and Financial Details

  • The owner pays for insurance, sewer, water, real estate taxes
  • Tax Lot 7
  • Assessor Parcel Number 2203013073

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,701

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1903
  • Automatically Close On Close Date: No
  • Remarks Public: Updated 2 unit building generating good income and low owner expenses. Both units have newer kitchens and baths and have electric baseboard heat. Tenants pay for electric and owner pays for water/sewer. Both units have 2 bedrooms and the upstairs apartment has a 3rd floor loft. First floor units was just remodeled and rented for $925/mth. Upstairs units has a long term tenants and is rented for $750/mth so there is room to increase. The building also has a metal roof, front porch, fenced in back yard and off street parking.
  • Special Features: None

Interior Features

  • Appliances: Exhaust Fan, Oven/Range - Electric, Refrigerator
  • Foundation Details: Crawl Space, Stone
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2772
  • Living Area Sq Ft: 1848
  • Price Per Sq Ft: 116.34
  • Above Grade Finished Sq Ft: 1848
  • Below Grade Sq Ft: 924
  • Total Below Grade Sq Ft: 924
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 745

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding
  • Roof: Metal
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Electric
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Monthly Water Average: 100
  • Water Previous Twelve Months: 1200.00
  • Water Source: Public

Schools

  • School District: WASHINGTON COUNTY PUBLIC SCHOOLS
  • School District Key: 121138761341
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 66900.00
  • Land Assessed Value: 21200.00
  • Land Use Code: R
  • Lot Size Acres: 0.09
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3900.00
  • Property Condition: Good
  • Year Assessed: 2022
  • Zoning: RMOD
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Owner Pays: Insurance, Sewer, Water, Taxes - Real Estate
  • Total Actual Rent: 20100.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 11599069
  • Tax Annual Amount: 1701.00
  • Assessor Parcel Number: 2203013073
  • Tax Lot: 7
  • Tax Total Finished Sq Ft: 1848
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2022
  • Close Date: 09/14/2022

Multi Family

  • Operating Expense: 1950.00

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
Sep 14, 2022
Sold by
Erj4 Llc
Bought by
Sale Harry Mckinley
Seller's Agent
Eddie Jefferson
The Glocker Group Realty Results
Buyer's Agent
kelly speake
EXP Realty, LLC
List Price
$215,000
Sold Price
$205,000
Premium/Discount to List
-$10,000
-4.65%
Views
7
Current Estimated Value
$247,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,636
Avg. Annual Appreciation
6.50%
Original Mortgage
$164,000
Outstanding Balance
$156,754
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$90,882

Purchase Details

Closed on
Apr 21, 2022
Sold by
Jefferson Edwin R
Bought by
Erj4 Llc

Purchase Details

Closed on
May 23, 2007
Sold by
Erj 4 Llc
Bought by
Jefferson Edwin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
7.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 30, 2007
Sold by
Erj 4 Llc
Bought by
Jefferson Edwin R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
7.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 19, 2005
Sold by
Jefferson Edwin R
Bought by
Erj 4 Llc

Purchase Details

Closed on
Oct 29, 2004
Sold by
Cool Ridge Investments Llp
Bought by
Jefferson Edwin R

Purchase Details

Closed on
Oct 22, 2004
Sold by
Cool Ridge Investments Llp
Bought by
Jefferson Edwin R

Purchase Details

Closed on
Jun 19, 2001
Sold by
Green Tree Financial Services Corp
Bought by
Cool Ridge Investments Llp

Purchase Details

Closed on
Sep 11, 2000
Sold by
Wright Patricia A
Bought by
Green Tree Financial Services Corp

Purchase Details

Closed on
Feb 14, 1996
Sold by
Maddran Richard T
Bought by
Wright Patricia A
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
Sale Harry Mckinley $205,000 --
Erj4 Llc $450,000 Bailey Allison
Jefferson Edwin R -- --
Jefferson Edwin R -- --
Erj 4 Llc -- --
Jefferson Edwin R $135,000 --
Jefferson Edwin R $135,000 --
Cool Ridge Investments Llp $55,000 --
Green Tree Financial Services Corp $81,751 --
Wright Patricia A $32,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sale Harry Mckinley $164,000
Previous Owner Jefferson Edwin R $142,500
Previous Owner Jefferson Edwin R $142,500
Closed Jefferson Edwin R --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2022 09/14/22 Sold $205,000 -4.7% $111 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
03/22/2022 03/22/22 For Sale $215,000 -- $116 / Sq Ft
Source: Bright MLS

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
2025 $1,019 $123,700 $21,200 $102,500
2024 $1,019 $111,833 $0 $0
2023 $911 $99,967 $0 $0
2022 $803 $88,100 $21,200 $66,900
2021 $849 $84,700 $0 $0
2020 $728 $81,300 $0 $0
2019 $728 $77,900 $21,200 $56,700
2018 $781 $77,900 $21,200 $56,700
2017 $733 $77,900 $0 $0
2016 -- $78,400 $0 $0
2015 $2,646 $78,400 $0 $0
2014 $2,646 $78,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWA2006782

Bright MLS

APN: 03-013073