NOT LISTED FOR SALE

Estimated Value: $389,000 - $413,932

1 Bed
1 Bath
2,880 Sq Ft
$139/Sq Ft Est. Value

Last Sold January 14, 2015

Last sale price $289,000 $100 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,737/month

Highlights

  • City View
  • Wood Flooring
  • Additional Land
  • Deck
  • No HOA
  • Patio

About This Home

As of January 2015

A great hedge against inflation, property is 100% occupied 5-unit apartment in Washington Village producing $3850. per month. Property is professionally managed and maintained in a well-kept neighborhood.*72 HR NOTICE REQ'D* One 2 Bed/ 1 1/2 Bath Unit * Three-1 bedroom/1 bath units * One 1 Bed/ 1 Bath studio/efficiency

Last Agent to Sell the Property

Theo Harris

(443) 632-4958 theo@TheoHarris.com EXP Realty, LLC Listed on: 09/30/2013

EXP Realty, LLC

Last Buyer's Agent

Tressa Manna

(410) 375-6005 tressa@greatestmoves.com RE/MAX Advantage Realty License #606783

RE/MAX Advantage Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,405

Year Built

  • Built in 1900 | Remodeled in 2013

Lot Details

  • 1,307 Sq Ft Lot
  • Additional Land
  • Property is in very good condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Rubber Roof

Outdoor Features

  • Deck
  • Patio

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Additional Features

  • City Views
  • Gas Oven or Range
  • Wood Flooring
  • Unfinished Basement

Listing and Financial Details

  • The owner pays for accounting/legal, advertising/licenses and permits, miscellaneous, insurance, repairs, real estate taxes
  • Tax Lot 033
  • Assessor Parcel Number 0321130857 033

Community Details

Overview

  • No Home Owners Association
  • 5 Units
  • Washington Village Subdivision

Building Details

  • Income includes apartment rentals
  • Operating Expense $15,000
  • Net Operating Income $31,140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,405

Year Built

Built in 1900 | Remodeled in 2013

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Year Renovated: 2013
  • Remarks Public: A great hedge against inflation, property is 100% occupied 5-unit apartment in Washington Village producing $3850. per month. Property is professionally managed and maintained in a well-kept neighborhood.*72 HR NOTICE REQ'D* One 2 Bed/ 1 1/2 Bath Unit * Three-1 bedroom/1 bath units * One 1 Bed/ 1 Bath studio/efficiency
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Gas, Refrigerator
  • Interior Amenities: Wood Floors
  • Fireplace: No
  • Basement: Yes
  • Basement Type: Unfinished
  • Price Per Sq Ft: 104.17
  • Street Number Modifier: 797

Exterior Features

  • Construction Materials: Brick
  • Construction Completed: No
  • Road Surface Type: Access - On Grade, Alley
  • Roof: Rubber, Asphalt
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric, Natural Gas
  • Heating Type: Heat Pump(s), Forced Air, 90% Forced Air
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Lot Info

  • Improvement Assessed Value: 211400.00
  • Land Assessed Value: 60000.00
  • Lot Features: Additional Lot(s)
  • Lot Size Acres: 0.03
  • Lot Size Area: 1307
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1307.00
  • Outdoor Living Structures: Deck(s), Patio(s)
  • Property Condition: Very Good
  • Year Assessed: 2013
  • Zoning: 0R090
  • In City Limits: Yes

Rental Info

  • Lease Term: 12 Months
  • Owner Pays: Accounting/Legal, Advertising/Licenses And Permits, Miscellaneous, Insurance, Repairs, Taxes - Real Estate
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13022126
  • Tax Annual Amount: 6405.04
  • Assessor Parcel Number: 0321130857 033
  • Tax Lot: 033
  • Tax Total Finished Sq Ft: 2880
  • County Tax Payment Frequency: Annually
  • Tax Year: 2013
  • Close Date: 01/14/2015

Multi Family

  • Gross Income: 46140.00
  • Income Includes: Apartment Rentals
  • Metering: Fully Separate
  • Operating Expense: 15000.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2019
Sold by
Marcy Investments Llc
Bought by
797 Carroll Llc
Current Estimated Value
$401,466

Purchase Details

Listed on
Sep 30, 2013
Closed on
Jan 15, 2015
Sold by
Leopold Investments Llc
Bought by
Marcy Investments Llc
Seller's Agent
Theo Harris
EXP Realty, LLC
Buyer's Agent
Tressa Manna
RE/MAX Advantage Realty
List Price
$350,000
Sold Price
$289,000
Premium/Discount to List
-$61,000
-17.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.11%
Original Mortgage
$231,200
Interest Rate
3.81%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 15, 2012
Sold by
Arbor Investments Properties Llc
Bought by
Leopold Investments Llc

Purchase Details

Closed on
Oct 23, 2006
Sold by
Bay Holdings Llc
Bought by
Arbor Investments Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,591
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2002
Sold by
Heller Ray
Bought by
Bay Holdings Llc
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
797 Carroll Llc $270,000 Castle Title Llc
Marcy Investments Llc $289,000 None Available
Leopold Investments Llc $221,000 --
Arbor Investments Properties Llc $390,000 --
Bay Holdings Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Marcy Investments Llc $231,200
Previous Owner Arbor Investments Properties Llc $248,591
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/14/2015 01/14/15 Sold $289,000 +41784.1% $100 / Sq Ft
12/11/2014 12/11/14 Pending -- -- --
11/14/2014 11/14/14 Rented $690 -8.0% --
11/12/2014 11/12/14 Under Contract -- -- --
07/31/2014 07/31/14 For Rent $750 0.0% --
09/30/2013 09/30/13 For Sale $350,000 -- $122 / 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 $7,204 $341,000 -- --
2024 $7,204 $306,700 $0 $0
2023 $6,429 $272,400 $60,000 $212,400
2022 $6,429 $272,400 $60,000 $212,400
2021 $6,429 $272,400 $60,000 $212,400
2020 $6,452 $273,400 $60,000 $213,400
2019 $6,367 $271,067 $0 $0
2018 $6,342 $268,733 $0 $0
2017 $6,287 $266,400 $0 $0
2016 $6,917 $266,400 $0 $0
2015 $6,917 $266,400 $0 $0
2014 $6,917 $271,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1003732518

Bright MLS

APN: 0857-033