NOT LISTED FOR SALE
36 Beds
21 Baths
-- Sq Ft
1965 Built

Sale Details

Date Sold: March 26, 2019

Last sale price $630,000

12 Days on Market

Highlights

  • Central Heating
  • Baseboard Heating
  • 1-minute walk to Ballard Park
  • Maine East High School Rated A

About This Home

As of March 2019

GREAT INVESTMENT, CAN BE PURCHASED TOGETHER WITH 8840 ROOT. LONG TIME TENANTS, RENTS CAN BE INCREASED FOR MORE INCOME. CLOSE TO TRANSPORTATION SCHOOLS, HOSPITAL XPRES WAY.

Last Agent to Sell the Property

Tina Paras

Coldwell Banker Realty License #475133681 Listed on: 12/30/2018

Coldwell Banker Realty

Last Buyer's Agent

Tina Paras

Coldwell Banker Realty License #475133681 Listed on: 12/30/2018

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,862

Year Built

  • Built in 1965

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 36 Bedrooms
  • 21 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating
  • Baseboard Heating

Additional Features

  • 3-Story Property
  • Lot Dimensions are 58x161

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $300
  • Fuel Expense $2,700
  • Insurance Expense $2,000
  • Maintenance Expense $1,000
  • Trash Expense $1,890
  • Water Sewer Expense $3,400
  • Operating Expense $25,152
  • Gross Income $69,600
  • Net Operating Income $45,948

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,862

Year Built

Built in 1965

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1965
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required,List Broker Must Accompany
  • Estimated Age: 36-50 Years
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 21
  • Total Bedrooms: 36
  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Exterior Building Type: Brick

Utilities

  • Cooling: Wall Sleeve
  • Heat/Ventilation: Central Bldg Heat,Baseboard

Fee Information

  • Trash Expense: 1890
  • Water Sewer Expenses: 3400

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 58X161
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Other
  • Board Number: 2

Multi Family

  • Net Operating Income: 45948
  • Fuel Expense: 2700
  • Insurance Expense: 2000
  • ElectricExpense: 300
  • GrossIncome: 69600
  • Maintenance Expense: 1000
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 25152
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 13862
  • Tax Year: 2016
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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
03/26/2019 03/26/19 Sold $630,000 -9.9% --
01/11/2019 01/11/19 Pending -- -- --
12/30/2018 12/30/18 For Sale $699,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $18,293 $85,001 $11,673 $73,328
2024 $18,293 $71,000 $9,805 $61,195
2023 $17,181 $71,000 $9,805 $61,195
2022 $17,181 $71,000 $9,805 $61,195
2021 $18,988 $65,435 $8,404 $57,031
2020 $17,956 $65,435 $8,404 $57,031
2019 $16,692 $72,706 $8,404 $64,302
2018 $12,190 $49,143 $7,236 $41,907
2017 $13,862 $55,870 $7,236 $48,634
2016 $13,151 $55,870 $7,236 $48,634
2015 $11,443 $45,164 $6,069 $39,095
2014 $11,054 $45,164 $6,069 $39,095
2013 $10,840 $45,164 $6,069 $39,095
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10161722

Midwest Real Estate Data (MRED)
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