NOT LISTED FOR SALE

Estimated Value: $521,000 - $610,837

4 Beds
2 Baths
1,718 Sq Ft
$329/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $406,250 $236 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,690/month

4 Days on Market

Highlights

  • Great Room
  • No HOA
  • Central Heating and Cooling System
  • Princeton Elementary School Rated A-
  • Inside Utility
  • Ceiling Fan

About This Home

As of August 2021

College Park Duplexes ~ Rare opportunity to own TWO duplexes at 9 & 11 E. Princeton Street (this listing) AND 15 and 19 E. Princeton Street MLS#O5963774 (Tax ID 14-22-29-0000-00-010) BOTH properties are being sold together for a total of $850,000. Each duplex contains two, 2 bedroom 1 bath units and are in GREAT condition. These duplexes have been owned and professionally managed and extremely well maintained for many years, and they have always remained PET FREE. Duplexes received HVAC replacement in 2014 with an annual maintenance contract, and was replumbed with PEX in the last six years. Each unit features their own, private carport, and each duplex has an ADDITIONAL 22 x 22 pavered parking pad for extra guest/overflow parking convenience. Each unit has it's own, private inside utility room as well. An AMAZING investment opportunity in golden College Park ~ Two Duplexes, Four Units!

Last Agent to Sell the Property

Cleve Loveland

LOVELAND PROPERTIES License #602469 Listed on: 08/10/2021

Last Buyer's Agent

Yusuf Squires

PROPERTIES IN TOWN License #3326592

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,209

Year Built

  • Built in 1973

Lot Details

  • 8,364

Parking

  • 2 Carport Spaces

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,718 Sq Ft Home
  • Ceiling Fan
  • Great Room
  • Inside Utility

Kitchen

  • Range
  • Dishwasher

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Additional Features

  • 8,364 Sq Ft Lot
  • City Lot

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Hillcrest Heights 2Nd Add Subdivision

Building Details

  • Gross Income $25,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,209

Year Built

Built in 1973

Lot Details

8,364 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1718
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1973
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 8364
  • Tenant Pays: Electricity
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5963771?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5963771?w=Customer
  • Unit Count: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.95588
  • Price per Sq Ft: 236.47
  • Close to Original List Price Ratio: 0.95588
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Additional Rooms: Great Room, Inside Utility
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R-2A/T/W
  • Parcel Number: 14-22-29-3628-00-270
  • Additional Parcels: No
  • Lot Features: City Lot
  • Flood Zone Code: X

Rental Info

  • Total Actual Rent: 2500
  • Minimum Lease: 7 Months
  • Lease Restrictions Y N: No

Multi Family

  • Gross Income: 25000
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 4209.44
  • Tax Block: 00/00
  • Tax Book Number: J-1
  • Tax Lot: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Aug 27, 2021
Sold by
Princeton Property Group Ltd
Bought by
Kf 2012 Tr Re Holdings Llc
Seller's Agent
Cleve Loveland
LOVELAND PROPERTIES
Buyer's Agent
Yusuf Squires
PROPERTIES IN TOWN
List Price
$425,000
Sold Price
$406,250
Premium/Discount to List
-$18,750
-4.41%
Current Estimated Value
$564,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,709
Avg. Annual Appreciation
7.50%

Purchase Details

Closed on
Apr 14, 1999
Sold by
College Park Holding Co
Bought by
Murphy Chalbert W and Murphy Anne D

Purchase Details

Closed on
Sep 28, 1993
Sold by
Murphy Robert B
Bought by
Murphy Mgmt Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,600
Interest Rate
7.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kf 2012 Tr Re Holdings Llc $406,250 Equitable Ttl Of Dr Phillips
Murphy Chalbert W $320,900 --
Murphy Mgmt Group Inc $225,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Murphy Mgmt Group Inc $221,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2021 08/27/21 Sold $406,250 -4.4% $236 / Sq Ft
08/14/2021 08/14/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $425,000 -- $247 / Sq Ft
Source: Stellar MLS

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 $9,005 $493,936 -- --
2024 $7,418 $449,033 -- --
2023 $7,418 $456,052 $259,100 $196,952
2022 $6,283 $337,365 $200,000 $137,365
2021 $4,595 $245,894 $170,000 $75,894
2020 $4,209 $247,372 $170,000 $77,372
2019 $4,373 $268,751 $189,900 $78,851
2018 $4,066 $247,915 $135,000 $112,915
2017 $3,657 $212,565 $118,000 $94,565
2016 $3,430 $195,964 $109,000 $86,964
2015 $3,175 $174,216 $94,000 $80,216
2014 $2,916 $155,004 $95,000 $60,004
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5963771

Stellar MLS

APN: 14-2229-3628-00-270

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