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Seller's Agent in 2016
Kenny Martin
ERA FIRST ADVANTAGE REALTY, INC
Estimated Value: $222,000 - $351,000
Invest in your future! Save some big money the next five years! Immaculate Newburgh duplex. This is truly a live in one side and let the other pay your mortgage. Most are too small for that. Here we have two 1,500 square foot townhome units with three bedrooms, 1 ½ baths, living, kitchen/dining, laundry, and two car garage on each side. Owners unit has just received a complete update. Just painted, new door handles, carpet, wood floor, kitchen faucet, stove, microwave, and dishwasher. Both decks stained, and driveways sealed. Fresh landscaping. Any items needing attention were addressed. Tenant side received a complete update four years ago, but just for good measure was repainted, carpets cleaned, new kitchen faucet, all in the last month. Easily rented, last two tenants stayed four years. Per owner, tenant unit should rent for $995/$1,095, owner unit no less than $1,095. Both units currently left empty after June renovation for easier showing, and possibility of new live-in owner having someone they desire to put in the other unit. For the investor type wishing to rent both units, per owner building should, after all expenses (taxes, insurance, loss of rent, maintenance) produce a net/net profit between 8.5% and 9.5% based on asking price. Maintenance will be minimal. Both HVAC units are less than two years old. Building and roof just 13 years old. Many new and recent appliances, flooring, and paint. Building in exceptional condition. There's nothing to do but move in your new tenants.
Last Listed By
Kenny Martin
ERA FIRST ADVANTAGE REALTY, INC Listed on: 07/05/2016
Home Type
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Lot Details
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Listing and Financial Details
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Avender Llc | -- | None Listed On Document | |
Opel Tina M | -- | None Available | |
Martin Michael Wayne | -- | None Available | |
Casabonne Horacio A | -- | None Available | |
Casabonne Horacio A | -- | None Available |
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Previous Owner | Borman Tina M | $187,761 | |
Previous Owner | Opel Tina M | $203,152 | |
Previous Owner | Casabonne Horacio A | $114,800 |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
09/15/2016 09/15/16 | Sold | $206,900 | -5.9% | $69 / Sq Ft |
08/15/2016 08/15/16 | Pending | -- | -- | -- |
07/05/2016 07/05/16 | For Sale | $219,900 | -- | $73 / Sq Ft |
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 | $2,521 | $175,800 | $13,500 | $162,300 |
2023 | $1,663 | $175,800 | $13,500 | $162,300 |
2022 | $1,645 | $175,800 | $13,500 | $162,300 |
2021 | $1,734 | $172,600 | $13,800 | $158,800 |
2020 | $1,216 | $159,800 | $13,500 | $146,300 |
2019 | $1,268 | $159,800 | $13,500 | $146,300 |
2018 | $1,193 | $159,800 | $13,500 | $146,300 |
2017 | $1,186 | $159,800 | $13,500 | $146,300 |
2016 | $1,180 | $159,800 | $13,500 | $146,300 |
2014 | $2,434 | $159,800 | $13,500 | $146,300 |
2013 | $2,339 | $157,100 | $13,500 | $143,600 |
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Seller's Agent in 2016
Kenny Martin
ERA FIRST ADVANTAGE REALTY, INC
Buyer's Agent in 2016
Doreen Hallenberger
RE/MAX
(812) 568-2300
160 Total Sales
Source: Indiana Regional MLS
MLS Number: 201631439
APN: 87-12-27-412-008.000-019