NOT LISTED FOR SALE

Estimated Value: $327,000 - $346,000

6 Beds
4 Baths
1,984 Sq Ft
$171/Sq Ft Est. Value

Last Sold October 27, 2021

Last sale price $260,000 $131 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,420/month

69 Days on Market

Highlights

  • ENERGY STAR Certified Homes
  • Partially Wooded Lot
  • Corner Lot
  • Property is near public transit
  • Attic
  • No HOA

About This Home

As of October 2021

Come see this beautiful, well maintained 2 family side-by-side duplex that will pay for itself in no time. It has a freshly painted exterior, newly paved front walkway, large high efficiency windows and upgraded 100 amp electric service for each side. It has newer high efficiency gas furnaces that can inexpensively be upgraded to central air conditioning. Architectural shingle roof is in good condition. High ceilings, with a full basement and a high-ceiling walk up attic (one side has a finished attic). Each unit has its own front porch and side porch entrance, as well as private basement and attic access. Utilities are separate except for cold water. Located on a shaded and level private corner lot with plenty of off street parking and an oversized 2 car garage. Convenient walking distance to countless restaurants, supermarket, hospital, movie theater, pharmacies and even has a paved path to Center Springs Park; a two minute walk behind property will get you to a walking path, picnic areas, a playground and a pond with a boardwalk. Both units are currently occupied by respectful & responsible long-term tenants on a month-to-month basis. If one or both sides is asked to move out, please allow a 2 month notice. Enjoy excellent rental income, with 3 bedrooms on each side, this home will more than pay for itself including insurance and taxes. A solid, manageable, simple house that's perfect home for investor and owner occupied alike!

Last Listed By

Kris Lippi

Get Listed Realty License #REB.0791566 Listed on: 07/13/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,287

Year Built

  • Built in 1892

Lot Details

  • 0.3 Acre Lot
  • Corner Lot
  • Level Lot
  • Partially Wooded Lot
  • Many Trees

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • 1,984 Sq Ft Home
  • Thermal Windows
  • Concrete Flooring
  • Storm Doors

Bedrooms and Bathrooms

  • 6 Bedrooms

Attic

  • Walkup Attic
  • Partially Finished Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Basement Storage

Parking

  • 2 Car Detached Garage
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Eco-Friendly Details

  • ENERGY STAR Certified Homes

Outdoor Features

  • Enclosed patio or porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop
  • Property is near a golf course

Schools

  • Waddell Elementary School
  • Illing Middle School
  • Manchester High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Programmable Thermostat
  • Hot Water Circulator

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,287

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 1984
  • Public Record Living Room Sq Ft: 1984
  • Total Sq Ft: 1984
  • Year Built: 1892
  • Nearby Amenities: Basketball Court, Commuter Bus, Golf Course, Health Club, Medical Facilities, Playground/Tot Lot, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4166
  • Tax Year Updated Dt: 07/19/2021
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Attic Description: Walk-up, Partially Finished
  • Basement Description: Full, Full With Hatchway, Unfinished, Concrete Floor, Interior Access, Storage
  • Laundry Room Info: All Units Have Hook-Ups, Basement Hook-Up(s), Washer/Dryer All Units
  • Attic: Yes
  • Street Number Modifier: 8

Exterior Features

  • Exterior Features: Gutters, Lighting, Porch, Porch-Enclosed, Sidewalk
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, On Street Parking, Off Street Parking
  • Garages Number: 2
  • Driveway Type: Paved

Utilities

  • Heat Type: Hot Air, Hot Water
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 40 Gallon Tank, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

  • Elementary School: Waddell
  • Middle School: Illing
  • High School: Manchester

Green Features

  • Energy Features: Energy Star Rated, Programmable Thermostat, Storm Doors, Thermopane Windows

Lot Info

  • Acres: 0.3000
  • Lot Description: Corner Lot, Level Lot, Lightly Wooded, Treed
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RR

Multi Family

  • Gross Annual Income: 24000
  • Net Operating Income: 13000
  • Unit Count: 2
  • Total Multi Family: 11
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 5287
  • Total Assessed Value: 126100
  • Mil Rate Base: 36.520
  • Mil Rate Tax District: 5.410
  • Mil Rate Total: 41.930
  • Assessor Parcel Number: 2426272

MLS Schools

  • Elementary School: Waddell
  • Middle Jr High School: Illing
  • High School: Manchester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2021
Closed on
Oct 27, 2021
Sold by
Rico Fernado
Bought by
Simma Tysheshema L
Seller's Agent
Kris Lippi
Get Listed Realty
Buyer's Agent
Cyckeithia Scott
KW Legacy Partners
List Price
$234,900
Sold Price
$260,000
Premium/Discount to List
$25,100
10.69%
Total Days on Market
69
Current Estimated Value
$338,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,711
Avg. Annual Appreciation
7.64%
Original Mortgage
$255,290
Interest Rate
2.99%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 1, 2004
Sold by
Mann Thomas A and Mann Nancy W
Bought by
Rico Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.65%

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
Simma Tysheshema L $260,000 None Available
Simma Tysheshema L $260,000 None Available
Rico Fernando $125,000 --
Rico Fernando $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simms Tysheshema L $287,700
Closed Simma Tysheshema L $255,290
Previous Owner Rico Fernando $19,000
Previous Owner Rico Fernando $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2021 10/27/21 Sold $260,000 +10.7% $131 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $234,900 -- $118 / Sq Ft
Source: SmartMLS

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 $6,289 $162,600 $32,000 $130,600
2023 $6,049 $162,600 $32,000 $130,600
2022 $5,873 $162,600 $32,000 $130,600
2021 $5,287 $126,100 $29,100 $97,000
2020 $5,280 $126,100 $29,100 $97,000
2019 $5,258 $126,100 $29,100 $97,000
2018 $5,159 $126,100 $29,100 $97,000
2017 $5,012 $126,100 $29,100 $97,000
2016 $4,885 $123,100 $36,900 $86,200
2015 $4,850 $123,100 $36,900 $86,200
2014 $4,758 $123,100 $36,900 $86,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170419239

SmartMLS

APN: MANC-000077-002830-000008