NOT LISTED FOR SALE
4 Beds
3 Baths
2,376 Sq Ft
6,142 Sq Ft Lot

Sale Details

Date Sold: April 8, 2016

Last sale price $449,000 $189 Per Sq Ft

10 Days on Market

About This Home

As of April 2016

Great investment opportunity. Triplex ready to rent! Three units, a 2 bedroom, 1 bath, plus two, one bedroom, one bath units. Lots of room for parking, nice front yard and huge backyard. Great CAP rate. Zoned for three to four units. Check with the City about the possibility of adding an additional unit.

Last Agent to Sell the Property

Kim O'Connor

Choice Homes & Land License #01293385 Listed on: 03/04/2016

Last Buyer's Agent

Felix Redongo

Vanco Real Estate Executives License #01455222

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Property Details

Home Type

  • Multi-Family

Year Built

  • 1949

Lot Details

  • 6,142

Home Design

  • Triplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,376 Sq Ft Home
  • 2-Story Property

Parking

  • 6 Parking Spaces
  • 2 Carport Spaces

Additional Features

  • 6,142 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Total Actual Rent $40,800

Community Details

Overview

  • 2,376 Sq Ft Building

Building Details

  • 1 Leased Unit
  • Insurance Expense $1,200
  • Utility Expense $2,400
  • Trash Expense $1,000
  • Operating Expense $4,980
  • Gross Income $38,760

Property Details

Home Type

Multi-Family

Year Built

1949

Lot Details

6,142 Sq Ft Lot

Listing Details

  • Zoning: Multi Family
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2376
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1949

Interior Features

  • Living Sq Ft: 2376
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 6
  • Garage Parking Features: Common Parking Area
  • Carport Min: 2

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1410
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6159.38
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6159.38

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 11.76
  • Number Of Leased: 1

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 1200
  • Expenses Total: 4980
  • Expenses Utility: 2400
  • Expense Trash: 1000
  • Income Annual Gross: 38760.00
  • Income Annual Rental: 40800
  • Income Gross Scheduled: 40800
  • Income Includes: Rents
  • Meters: Master Electric, Master Gas, Master Water
  • Number Of Buildings: 3
  • Operating Expenses Include: Services - Sewer, Services - Trash Removal, Utilities
  • Vacancy Factor: 5

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

Closed on
Mar 9, 2023
Sold by
Bought by

Purchase Details

Listed on
Mar 4, 2016
Closed on
Apr 4, 2016
Sold by
Bought by
Seller's Agent
Kim O'Connor
Choice Homes & Land
Buyer's Agent
Felix Redongo
Vanco Real Estate Executives
List Price
$479,900
Sold Price
$449,000
Premium/Discount to List
-$30,900
-6.44%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
-- --
$449,000 Chicago Title Company
-- Chicago Title Company
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 $25,000
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
04/08/2016 04/08/16 Sold $449,000 -6.4% $189 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $479,900 -- $202 / Sq Ft
Source: MLSListings

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
2026 $6,692 $542,148 $300,657 $241,491
2025 $6,128 $531,518 $294,762 $236,756
2024 $6,128 $521,097 $288,983 $232,114
2023 $5,923 $510,880 $283,317 $227,563
2022 $5,703 $500,863 $277,762 $223,101
2021 $5,480 $491,043 $272,316 $218,727
2020 $5,329 $486,009 $269,524 $216,485
2019 $5,290 $476,481 $264,240 $212,241
2018 $5,224 $467,139 $259,059 $208,080
2017 $5,229 $457,980 $253,980 $204,000
2016 $617 $47,310 $9,550 $37,760
2015 $539 $46,600 $9,407 $37,193
2014 $507 $45,688 $9,223 $36,465
Source: Public Records

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Map

Source: MLSListings

MLS Number: ML81563590

MLSListings

APN: 004-091-017

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