NOT LISTED FOR SALE
6 Beds
3 Baths
2,664 Sq Ft
8,128 Sq Ft Lot

Last Sold September 24, 2018

Last sale price $1,825,000 $685 Per Sq Ft

43 Days on Market

Highlights

  • 3 Car Attached Garage
  • Gussie M. Baker Elementary School Rated A
  • 1-Story Property

About This Home

As of September 2018

BRING ALL OFFERS - SELLER REVIEWING OFFERS IN ORDER THEY ARE RECEIVED - Marketing package and DD available upon request. Income and expenses are based off of market rents, current rental income is well below market. Each unit contains a private enclosed garage along with their own personal in-unit washer and dryer. Ground floor units offer direct access into their private garages. The three bedroom units include a large private yard (approximately 20 by 60) and each two bedroom has its own balcony. All buildings have received new roofs and fresh exterior paint within the last 2 years, have all copper supply piping, and all copper branch circuit wiring.

Last Agent to Sell the Property

Mitchell Zurich

Marcus & Millichap License #01870648 Listed on: 07/10/2018

Co-Listed By

Fred Rubio

Marcus & Millichap License #01984041

Last Buyer's Agent

Patrick Conkin

Intero Real Estate Services License #00922897

Intero Real Estate Services

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 8,128 Sq Ft Lot

Parking

  • 3 Car Attached Garage

Home Design

  • Triplex
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,664 Sq Ft Home
  • 1-Story Property

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $98,280

Community Details

Overview

Building Details

  • 3 Leased Units
  • Gardener Expense $1,440
  • Insurance Expense $900
  • Maintenance Expense $1,950
  • Utility Expense $1,673
  • Trash Expense $977
  • Operating Expense $32,908
  • Gross Income $97,166

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Parking

3

Listing Details

  • Zoning: R-2
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2664
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Living Sq Ft: 2664
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 3
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.1866
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8130.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8130.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.92
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 900
  • Expense Landscape: 1440
  • Expense Maintenance: 1950
  • Expenses Total: 32908
  • Expenses Utility: 1673
  • Expense Trash: 977
  • Income Annual Gross: 97166.00
  • Income Annual Rental: 98280
  • Income Gross Scheduled: 100171
  • Income Includes: Rents
  • Income Other: 1891
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Maintenance - Repair, Utilities, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2018 09/24/18 Sold $1,825,000 -8.5% $685 / Sq Ft
08/23/2018 08/23/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $1,995,000 -- $749 / Sq Ft
Source: MLSListings

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 $26,859 $2,035,818 $1,673,277 $362,541
2024 $26,859 $1,995,901 $1,640,468 $355,433
2023 $26,627 $1,956,766 $1,608,302 $348,464
2022 $26,264 $1,918,399 $1,576,767 $341,632
2021 $25,783 $1,880,784 $1,545,850 $334,934
2020 $25,214 $1,861,500 $1,530,000 $331,500
2019 $24,198 $1,825,000 $1,500,000 $325,000
2018 $2,981 $102,291 $27,995 $74,296
2017 $2,877 $100,287 $27,447 $72,840
2016 $2,662 $98,321 $26,909 $71,412
2015 $2,565 $96,845 $26,505 $70,340
2014 $2,431 $94,949 $25,986 $68,963
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81713853

MLSListings