NOT LISTED FOR SALE

Estimated Value: $619,251

7 Beds
-- Bath
-- Sq Ft
0.97 Acres

Last Sold October 01, 2018

Last sale price $400,000

Est. 55% increase in value since last sale

Current estimated payment $4,372/month

7 Days on Market

About This Home

As of October 2018

Also includes 901-905 W. Grove. (18) 1-bed, 1-bath, (6) 2-bed, 1-bath, (1) 4-bed, 3-ba, (1) 3-bed, 2-bath. Complex contains five buildings (2 on Front, 3 on Grove). Contact agent for complete property package. Heat and water paid by landlord, electric paid by tenant.

Last Agent to Sell the Property

Laura Pritts

AXIS 360 LLC* License #471021573 Listed on: 08/07/2018

Last Buyer's Agent

Caroline Bird

Coldwell Banker Real Estate Group License #475102202

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,171

Year Built

  • Built in 1974

Lot Details

  • 0.97

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Gas

Additional Features

  • 1-Story Property
  • Lot Dimensions are 175' x 240'

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 26 Units

Building Details

  • Electric Expense $26,213
  • Insurance Expense $7,590
  • Maintenance Expense $17,360
  • Manager Expense $8,306
  • Other Expense $26,732
  • Operating Expense $98,372
  • Gross Income $173,040
  • Net Operating Income $40,060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,171

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Flats
  • Stories: 1
  • Year Built: 1974
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Description: Other,None

Exterior Features

  • List Price: 420000
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Outdoor Parking: 19-30 Spaces

Utilities

  • Cooling: None
  • Utilities: Water-Municipal, Sanitary Sewer
  • Heat/Ventilation: Baseboard,Hot Water,Gas

Condo/Co-op/Association

  • Manager Expense: 8306
  • Conversion YN: N

Lot Info

  • Lot Dimensions: 175' X 240'

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 23

Multi Family

  • Net Operating Income: 40060
  • Insurance Expense: 7590
  • ElectricExpense: 26213
  • GrossIncome: 173040
  • Maintenance Expense: 17360
  • NumberOfUnitsTotal: 26
  • OperatingExpense: 98372
  • Expense Year: 17
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 12171
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2018
Closed on
Sep 28, 2018
Sold by
Pelhank Wayne A
Bought by
Callandra Jeffrey E
Seller's Agent
Laura Pritts
AXIS 360 LLC*
Buyer's Agent
Caroline Bird
Coldwell Banker Real Estate Group
List Price
$420,000
Sold Price
$400,000
Premium/Discount to List
-$20,000
-4.76%
Current Estimated Value
$619,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,251
Avg. Annual Appreciation
6.57%
Original Mortgage
$400,000
Interest Rate
4.5%

Purchase Details

Closed on
Sep 30, 2009
Sold by
M & M Contracting & Property Group Llc
Bought by
Pelhank Wayne
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
Callandra Jeffrey E $400,000 Attorney
Pelhank Wayne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Callandra Jeffrey E $400,000
Previous Owner Pelhank Wayne $590,000
Previous Owner Pelhank Wayne A $386,559
Previous Owner Pelhank Wayne $76,098
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2018 10/01/18 Sold $400,000 -4.8% --
08/14/2018 08/14/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $420,000 -- --
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 $11,972 $186,725 $77,357 $109,368
2022 $11,972 $140,862 $58,357 $82,505
2021 $11,331 $133,333 $55,238 $78,095
2020 $11,301 $133,333 $55,238 $78,095
2019 $11,268 $133,333 $55,238 $78,095
2018 $11,222 $133,333 $54,155 $79,178
2017 $13,129 $155,941 $54,155 $101,786
2016 $13,106 $155,941 $54,155 $101,786
2015 $12,571 $150,000 $52,092 $97,908
2014 $12,171 $150,000 $52,092 $97,908
2013 -- $188,131 $52,092 $136,039
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10195486

Midwest Real Estate Data (MRED)

APN: 21-05-434-014