NOT LISTED FOR SALE

Estimated Value: $677,000 - $863,000

9 Beds
3 Baths
4,044 Sq Ft
$189/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $650,000 $161 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,778/month

21 Days on Market

About This Home

As of January 2022

What a fantastic opportunity to generate massive income in this huge three family house that sits on a corner in a very highly desired area in South Lawrence. Plenty of space available in each unit to make additional rooms and much more. Each unit has its very own laundry area with washer and dryer hook up just steps outside each unit. New Furnaces and water heaters are just under three years old, all located in the high ceiling basement, which can be great to build extra storage space. Property is completely private and fenced. With just a little hustle you can make this property shine brighter than ever. Definitely a must see and make yours. Will go quick. All Offers

Last Agent to Sell the Property

Rey Garcia

Compass Listed on: 07/03/2021

Compass

Last Buyer's Agent

Rey Garcia

Compass Listed on: 07/03/2021

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,319

Year Built

  • 1920

Lot Details

  • 4,792

Parking

  • 2

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,319

Year Built

1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Broadway to Farley. Use GPS
  • Garage Yn: Yes
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer
  • Has Basement: Full, Interior Entry
  • Total Bathrooms: 3
  • MAIN LO: G61700
  • LIST PRICE PER Sq Ft: 160.71
  • PRICE PER Sq Ft: 160.73
  • MAIN SO: G61700
  • Full Bathrooms: 3
  • Total Bedrooms: 9
  • Fireplace: No
  • Flooring: Wood,Tile, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors,Wood Flooring), Unit 3(Tile Floor,Hardwood Floors,Wood Flooring)
  • Stories: 6

Exterior Features

  • Foundation Details: Block, Other
  • Construction Type: Frame
  • Disclosures: Garage In Need Of Repairs. Property Likely Will Not Pass Fha. Third Floor Unit Has Missing Light Fixtures. Roof Replaced Approximately Over 12 Years Ago. Lead Inspections / Compliance Available. Sold As-Is.
  • Exclusions: 3rd Unit Washer And Dryer. All Tenants Personal Belongings,
  • Lot Features: Corner Lot
  • Patio And Porch Features: Porch
  • Waterfront: No

Garage/Parking

  • Parking Features: Other
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Total Parking Spaces: 2

Utilities

  • Cooling: Unit 1(Window AC,None), Unit 2(Window AC,None), Unit 3(Window AC,None)
  • Heating: Unit 1(Steam), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas)
  • Cooling Y N: No
  • Heating Yn: Yes
  • Laundry Features: Unit 1(Washer & Dryer Hookup)
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Dryer
  • Water Source: Public

Schools

  • High School: Lawrence

Lot Info

  • LOT SIZE: 5000
  • PAGE: 264
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 4791.6
  • Zoning: R3

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2
  • Annual Gross Income: 19200
  • Property Net Operating Income: 19200
  • Number Of Units Total: 3
  • Total Actual Rent: 1600

Tax Info

  • Tax Annual Amount: 5357.08
  • Tax Block: 0000
  • Tax Book Number: 5026
  • Tax Lot: 0075
  • Tax Map Number: 0118
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2021
Closed on
Jan 21, 2022
Sold by
Law Christopher S and Law Linda M
Bought by
Luperon Pedro W
Seller's Agent
Rey Garcia
Compass
Buyer's Agent
Rey Garcia
Compass
List Price
$649,900
Sold Price
$650,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$763,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,071
Avg. Annual Appreciation
6.50%
Original Mortgage
$628,306
Outstanding Balance
$584,945
Interest Rate
3.11%
Mortgage Type
FHA
Estimated Equity
$220,678

Purchase Details

Closed on
Feb 25, 1997
Sold by
Morris Grace
Bought by
Law Linda
Source: Public Records

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Range of Values:

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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
Luperon Pedro W $650,000 None Available
Law Linda $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luperon Pedro W $628,306
Previous Owner Law Christopher S $297,750
Previous Owner Signorelli Grace A $40,500
Previous Owner Signorelli Grace A $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $650,000 0.0% $161 / Sq Ft
07/24/2021 07/24/21 Pending -- -- --
07/12/2021 07/12/21 Pending -- -- --
07/03/2021 07/03/21 For Sale $649,900 -- $161 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $6,319 $718,100 $146,000 $572,100
2024 $6,081 $657,400 $117,600 $539,800
2023 $6,052 $595,700 $105,500 $490,200
2022 $5,738 $501,600 $97,300 $404,300
2021 $5,357 $436,600 $89,200 $347,400
2020 $4,654 $374,400 $77,900 $296,500
2019 $4,807 $351,400 $85,000 $266,400
2018 $4,551 $317,800 $85,000 $232,800
2017 $4,574 $298,200 $82,700 $215,500
2016 $4,234 $273,000 $70,200 $202,800
2015 $4,013 $265,400 $70,200 $195,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72859803

MLS Property Information Network (MLS PIN)

APN: LAWR-000118-000000-000075