NOT LISTED FOR SALE
14 Beds
6 Baths
3,870 Sq Ft
3,100 Sq Ft Lot

Last Sold March 16, 2023

Last sale price $850,000 $220 Per Sq Ft

About This Home

As of March 2023

WELL MAINTAINED 6 UNITS BRICK BUILDING IN THE HEART OF ARMOUR SQUARE (CHINATOWN). ALL REMODELED 2 X 3 BEDROOMS/1 BATHROOM. 4 X 2 BEDROOMS/1 BATHROOM. UPDATED ROOF 2 YR OLD. NEW HVAC SYSTEM FOR 3 APTS; AND 3 APTS WITH NEW FURANCE UNITS. FULL UNFINISHED ATTIC WITH POTENTIAL EXPANSION. UNFINISHED BASEMENT WITH A LOT OF STORAGE SPACE. TWO CAR GARAGE FOR EXTRA INCOMES.

Last Agent to Sell the Property

David Wong

Century 21 Realty Associates License #471006955 Listed on: 12/27/2022

Century 21 Realty Associates

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,950

Year Built

  • Built in 1890

Lot Details

  • 3,100 Sq Ft Lot
  • Lot Dimensions are 25 x 124
  • Cul-De-Sac

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3,870 Sq Ft Home
  • 3-Story Property

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 6 Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Heating System Uses Gas
  • Separate Meters

Listing and Financial Details

  • Tenant pays for electricity, heat, hot water

Community Details

Overview

  • 6 Units

Building Details

  • Fuel Expense $500
  • Insurance Expense $2,000
  • Operating Expense $14,850
  • Gross Income $6,390
  • Net Operating Income $67,230

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,950

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1890
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,48-Hr Notice Required
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 14
  • Fireplaces: 1
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 1
  • Room: 0

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Indoor Parking: 1-5 Spaces

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Heat/Ventilation: Forced Air,Gas,Separate Per Unit

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.07
  • Lot Dimensions: 25 X 124
  • Lot Size Sq Ft: 3100
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat, Hot Water
  • Board Number: 8
  • Tenancy Type: Leases

Building Info

  • BuildingAreaTotal: 3870
  • Building Unit Info: Smoke/Alarm Detector

Multi Family

  • Net Operating Income: 67230
  • Fuel Expense: 500
  • Insurance Expense: 2000
  • GrossIncome: 6390
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 14850
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 9950
  • Tax Year: 2020
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Prior Sale
03/16/2023 03/16/23 Sold $850,000 -4.5% $220 / Sq Ft
12/28/2022 12/28/22 Pending -- -- --
12/27/2022 12/27/22 For Sale $890,000 +21.1% $230 / Sq Ft
03/25/2019 03/25/19 Sold $735,000 -2.0% -- View Prior Sale
01/10/2019 01/10/19 Pending -- -- --
12/29/2018 12/29/18 For Sale $749,900 -- --
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 $16,035 $76,000 $16,895 $59,105
2024 $16,035 $76,000 $16,895 $59,105
2023 $15,632 $76,000 $13,640 $62,360
2022 $15,632 $76,000 $13,640 $62,360
2021 $15,283 $76,000 $13,640 $62,360
2020 $9,950 $44,665 $13,640 $31,025
2019 $10,315 $51,340 $13,640 $37,700
2018 $10,141 $51,340 $13,640 $37,700
2017 $8,610 $39,996 $10,850 $29,146
2016 $8,011 $39,996 $10,850 $29,146
2015 $7,329 $39,996 $10,850 $29,146
2014 $5,890 $31,746 $9,300 $22,446
2013 $5,774 $31,746 $9,300 $22,446
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Source: Midwest Real Estate Data (MRED)

MLS Number: 11691933

Midwest Real Estate Data (MRED)

APN: 17282330060000