NOT LISTED FOR SALE

Estimated Value: $2,801,000 - $3,277,211

52 Beds
26 Baths
-- Sq Ft
0.38 Acres

Last Sold September 08, 2023

Last sale price $3,250,000

Est. 6% decrease in value since last sale

Current estimated payment $22,213/month

2 Days on Market

About This Home

As of September 2023

Sold at list

Last Agent to Sell the Property

Ryan Dallas

RYAN DALLAS REAL ESTATE License #475143433 Listed on: 05/08/2023

Last Buyer's Agent

Shannon Collins

Green Street Realty License #475178418

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $68,680

Year Built

  • Built in 1989

Lot Details

  • 0.38

Interior Spaces

  • 2-Story Property
  • Exterior Basement Entry

Bedrooms and Bathrooms

  • 52 Bedrooms
  • 26 Bathrooms

Additional Features

  • Lot Dimensions are 124 x 132
  • Separate Meters

Community Details

  • 26 Units

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat, water, hot water

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$68,680

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Corridor-Exterior Entrance
  • Stories: 2
  • Year Built: 1989
  • Built Before 1978 (Y/N): No
  • Legal Description: LOTS 3, 4 BLOCK 25 SCOTT'S, JAMES R., HEIR'S SUB OF BLKS. 16, 24, 25, 26, 27, AND PT. BLK 17, CLARK, GARDINER, AND SHERFY'S ADD
  • Information: None
  • Estimated Age: 26-35 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 26
  • Total Bedrooms: 52
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 3250000

Utilities

  • Heat/Ventilation: Separate Per Unit

Fee Information

  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 124 X 132
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat, Water, Hot Water
  • Board Number: 22

Multi Family

  • NumberOfUnitsTotal: 26
  • Type Multi-Family: Corridor-Exterior Entrance

Tax Info

  • Tax Annual Amount: 68680
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
Sep 8, 2023
Sold by
Locust Lofts Llc
Bought by
Crs Campus Assets Llc
Seller's Agent
Ryan Dallas
RYAN DALLAS REAL ESTATE
Buyer's Agent
Shannon Collins
Green Street Realty
List Price
$3,250,000
Sold Price
$3,250,000
Views
1
Current Estimated Value
$3,039,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$210,894
Avg. Annual Appreciation
-4.16%
Original Mortgage
$14,000,000
Outstanding Balance
$10,072,136
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
-$7,059,081

Purchase Details

Closed on
Jul 28, 2017
Sold by
Mcj Hodlings Llc
Bought by
Locust Lofts Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
3.91%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 25, 2012
Sold by
Gl Properties Llc
Bought by
Mcj Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,615,000
Interest Rate
3.6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Crs Campus Assets Llc $3,087,500 None Listed On Document
Locust Lofts Llc $2,450,000 Attorney
Mcj Holdings Llc $1,805,000 Atgf Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crs Campus Assets Llc $14,000,000
Closed Crs Campus Asset Llc $14,000,000
Previous Owner Locust Lofts Llc $1,800,000
Previous Owner Mcj Holdings Llc $1,615,000
Previous Owner Mcj Holdings Llc $300,000
Previous Owner Gl Properties Llc $1,675,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $3,250,000 0.0% --
05/10/2023 05/10/23 Pending -- -- --
05/08/2023 05/08/23 For Sale $3,250,000 -- --
Source: Midwest Real Estate Data (MRED)

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
2024 $73,010 $888,950 $238,440 $650,510
2023 $73,010 $809,610 $217,160 $592,450
2022 $68,681 $746,870 $200,330 $546,540
2021 $63,237 $690,770 $185,280 $505,490
2020 $60,318 $657,880 $176,460 $481,420
2019 $58,380 $644,350 $172,830 $471,520
2018 $57,069 $634,200 $170,110 $464,090
2017 $57,306 $634,200 $170,110 $464,090
2016 $51,379 $621,150 $166,610 $454,540
2015 $45,003 $610,160 $163,660 $446,500
2014 $44,619 $530,390 $83,890 $446,500
2013 $44,218 $530,390 $83,890 $446,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11881910

Midwest Real Estate Data (MRED)

APN: 43-20-13-281-023