NOT LISTED FOR SALE
16 Beds
8 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold March 10, 2020

Last sale price $292,500

11 Days on Market

About This Home

As of March 2020

Great building for the price .All 2bedrooms units .Rents could be higher for the area. Owners are motivated.

Last Agent to Sell the Property

Myra Cook

Myra L Cook License #471009457 Listed on: 01/30/2020

Last Buyer's Agent

Shavon Allen

Changing Spaces Sales & Property Management LLC License #471021320

Property Details

Home Type

  • Multi-Family

Year Built

  • 1925

Lot Details

  • 6,098

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Community Details

  • Fuel Expense $8,515
  • Insurance Expense $3,707
  • Manager Expense $5,420

Listing and Financial Details

  • Tenant pays for electric

Property Details

Home Type

Multi-Family

Year Built

1925

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Land Trust
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Net Operating Income Year: 2019
  • Net Oper Income: 21803
  • Repairs Decor Expense: 4425
  • Scavenger Expense: 2000
  • Total Annual Exp: 39996
  • Total Annual Income: 56380
  • Total Monthly Income: 4698
  • Number of Ranges: 2
  • Number Of Refrigs: 2
  • Number Of Stories: 3
  • Estimated Year Built: 1925
  • Type Multi Family: Flats
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1925

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Acreage: 0.14
  • Construction: Brick
  • Frontage Access: City Street

Utilities

  • Heatventilation: Gas
  • Water Expense: 2932

Condo/Co-op/Association

  • Units in Building: 8
  • Manager Expense: 5420

Fee Information

  • Electricity Expense: 495
  • Electrical Service: Circuit Breakers

Lot Info

  • Lot Dimensions: 75X150
  • Parcel Identification Number: 20274020230000

Rental Info

  • Gross Rental Income: 56380
  • Tenant Pays: Electric

Multi Family

  • Expense Year: 2019
  • Fuel Expense: 8515
  • Gross Rent Multiplier: 6012
  • Insurance Expense: 3707
  • Other Expenses: 4888

Tax Info

  • Taxes: 7613

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
03/10/2020 03/10/20 Sold $292,500 -13.9% --
02/10/2020 02/10/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $339,900 -- --
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
2025 $6,171 $53,036 $7,798 $45,238
2024 $6,171 $53,036 $7,798 $45,238
2023 $6,016 $29,250 $5,614 $23,636
2022 $6,016 $29,250 $5,614 $23,636
2021 $5,882 $29,250 $5,614 $23,636
2020 $6,516 $29,250 $5,614 $23,636
2019 $7,731 $38,480 $5,614 $32,866
2018 $7,601 $38,480 $5,614 $32,866
2017 $7,831 $36,379 $4,678 $31,701
2016 $7,286 $36,379 $4,678 $31,701
2015 $6,666 $36,379 $4,678 $31,701
2014 $6,750 $36,379 $4,678 $31,701
2013 $6,616 $36,379 $4,678 $31,701
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10623179

Midwest Real Estate Data (MRED)

APN: 20274020230000