NOT LISTED FOR SALE

Estimated Value: $803,000 - $1,853,985

8 Beds
8 Baths
10,440 Sq Ft
$110/Sq Ft Est. Value

Last Sold December 14, 2012

Last sale price $715,000 $68 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $6,616/month

394 Days on Market

Highlights

  • View of Trees or Woods
  • Attached Garage
  • Heating unit installed on the ceiling
  • Corner Lot
  • Property is near bus stop

About This Home

As of December 2012

This is a very clean, well maintained 10 unit complex (still owned and managed by the original owner) comprised of 2 fourplexes and 1 duplex (residential financing). Floor plans basically the same in all units. Variations in rents due to some tenants being in units for over 14 years. Property included is 1817 10th St units 1-4, 1805 & 1807 10th St, and 1018 Q St units 1-4.

Last Agent to Sell the Property

Michael Smith

Premier RE & Property Mngmnt License #880500054 Listed on: 10/06/2011

Last Buyer's Agent

Ron Perkins

METCO Investment Realty Inc License #800200033

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,974

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • Corner Lot
  • Level Lot

Parking

  • Attached Garage

Property Views

  • Woods
  • Mountain

Home Design

  • Slab Foundation
  • Plywood Siding Panel T1-11

Interior Spaces

  • 10,440 Sq Ft Home
  • 2-Story Property

Location

  • Property is near bus stop

Schools

  • Elizabeth Page Elementary School
  • Briggs Middle School
  • Sheldon High School

Utilities

  • No Cooling
  • Heating unit installed on the ceiling
  • Electric Water Heater

Listing and Financial Details

  • Rent includes trashcollection, water
  • Assessor Parcel Number 1057098

Community Details

Overview

  • 10 Units

Building Details

  • Operating Expense $34,706
  • Gross Income $82,080
  • Net Operating Income $43,270

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,974

Year Built

Built in 1974 | Remodeled

Lot Details

0

Listing Details

  • Standard Status: Closed
  • MLS Status: Sold
  • Property Type: MultiFamily
  • Stories: 2
  • Year Built: 1974
  • Property Condition: UpdatedRemodeled
  • Property Attached Yn: No
  • Current Price For Status: 715000.0
  • Open House: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Storage: Garage
  • Lot Size Range: SqFt20000toAcres1

Exterior Features

  • Exterior Description: T111Siding
  • Lot Size: 20,000 SqFt to .99 Acres
  • Foundation Details: Slab
  • View: Yes
  • Lot Features: CornerLot, Level, OnBusline
  • Disclosures: Disclosure
  • View: Mountain,TreesWoods

Garage/Parking

  • Parking Description: Attached, Garage
  • Attached Garage: No

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Security: Sidewalk
  • Cooling: None
  • Cooling Y N: No
  • Heating: Ceiling
  • Heating Yn: Yes
  • Sewer: PublicSewer
  • Water Source: PublicWater

Schools

  • Elementary School: Elizabeth Page
  • High School: Sheldon
  • Middle Or Junior School: Briggs

Lot Info

  • Zoning: MD
  • Parcel #: 1057098

Green Features

  • Green Certification: No

Rental Info

  • Rent Includes: TrashCollection, Water

Tax Info

  • Tax Deferral: No
  • Tax Annual Amount: 11974.39

Multi Family

  • Unit Type: UnitTypeType1, UnitTypeType10, UnitTypeType2, UnitTypeType3, UnitTypeType4, UnitTypeType5, UnitTypeType6, UnitTypeType7, UnitTypeType8, UnitTypeType9
  • Number Of Units Total: 10
  • Gross Rent Multiplier: 9.14
  • Annual Gross Income: 82080.0
  • Property Net Operating Income: 43270.0
  • Annual Operating Expense: 34706.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2013
Sold by
Barber Properties Llc
Bought by
Barber Jason C and Barber Heidi M
Current Estimated Value
$1,149,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Outstanding Balance
$161,825
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$987,671

Purchase Details

Listed on
Oct 6, 2011
Closed on
Dec 13, 2012
Sold by
Greer Edith E
Bought by
Barber Properties Llc
Seller's Agent
Michael Smith
Premier RE & Property Mngmnt
Buyer's Agent
Ron Perkins
METCO Investment Realty Inc
List Price
$750,000
Sold Price
$715,000
Premium/Discount to List
-$35,000
-4.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.69%
Original Mortgage
$536,250
Interest Rate
3.35%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Barber Jason C -- Cascade Title Company
Barber Properties Llc $715,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barber Jason C $217,000
Previous Owner Barber Properties Llc $536,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2012 12/14/12 Sold $715,000 -4.7% $68 / Sq Ft
11/02/2012 11/02/12 Pending -- -- --
10/05/2011 10/05/11 For Sale $750,000 -- $72 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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
2025 $7,269 $396,405 -- --
2024 $7,151 $384,860 -- --
2023 $7,151 $373,651 $0 $0
2022 $6,623 $362,768 $0 $0
2021 $6,505 $352,202 $0 $0
2020 $6,315 $341,944 $0 $0
2019 $6,125 $331,985 $0 $0
2018 $5,773 $312,928 $0 $0
2017 $5,552 $312,928 $0 $0
2016 $5,413 $303,814 $0 $0
2015 $5,206 $294,965 $0 $0
2014 $4,997 $286,374 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Regional Multiple Listing Service (RMLS)

MLS Number: 11203243

Regional Multiple Listing Service (RMLS)

APN: 1057098