NOT LISTED FOR SALE

Estimated Value: $185,000 - $243,000

35 Beds
26 Baths
1,512 Sq Ft
$144/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $565,000 $374 Per Sq Ft

Current estimated payment $1,383/month

78 Days on Market

Highlights

  • Engineered Wood Flooring
  • Fence is in good condition
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of October 2020

Unique opportunity to purchase a well established rental package and collect rent from day 1. There are 4 duplexes, 2/1s each renting for an average of $700 per side per month. These buildings are on the same street side by side. All 8 units are currently rented. 2 buildings have metal roofs and most units have recently had high end remodels with all tile, stainless appliances, etc. Current owner screens tenants thoroughly and many are long term. Properties well maintained with no deferred maintenance.

Last Agent to Sell the Property

Tom Barrett

INACTIVE License #3394320 Listed on: 07/09/2020

INACTIVE

Last Buyer's Agent

Denyelle Dibble

RE/MAX REALTY PLUS License #3058059

RE/MAX REALTY PLUS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,547

Year Built

  • Built in 1981

Lot Details

  • 7,500 Sq Ft Lot
  • Fence is in good condition
  • Additional Parcels

Home Design

  • Shingle Roof
  • Metal Roof

Flooring

  • Engineered Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 35 Bedrooms
  • 26 Full Bathrooms

Additional Features

  • 1-Story Property
  • Central Heating and Cooling System

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number S-33-34-29-021-0010-0110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,547

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.17
  • Road Surface Type: Paved
  • Directions: Properties are not all in one location, route would vary by order of viewing.
  • Architectural Style: One Story
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1981
  • Property Sub Type Additional: Other
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Full Bathrooms: 26
  • Total Bedrooms: 35
  • Flooring: Laminate, Simulated Wood, Tile

Exterior Features

  • Pool Features: None
  • Construction Type: See Remarks
  • Property Condition: Good Condition, Resale
  • Roof: Metal, Other, Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer, Other, See Remarks
  • Utilities: Sewer Available
  • Water Source: Public, Other, See Remarks

Lot Info

  • Lot Size Sq Ft: 7500.0
  • Additional Parcels Description: ,,
  • Additional Parcels: Yes
  • Parcel #: S-33-34-29-021-0010-0110
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 8
  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 1547.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2020
Closed on
Oct 16, 2020
Sold by
Prime Properties Of Highlands Llc
Bought by
Mezzetti & Salazar Holdings Llc
Seller's Agent
Tom Barrett
INACTIVE
Buyer's Agent
Denyelle Dibble
RE/MAX REALTY PLUS
List Price
$1,525,000
Sold Price
$565,000
Premium/Discount to List
-$960,000
-62.95%
Current Estimated Value
$217,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$347,333
Avg. Annual Appreciation
-16.70%
Original Mortgage
$423,750
Outstanding Balance
$359,913
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$142,246

Purchase Details

Closed on
Oct 15, 2018
Sold by
Tokarz Paul
Bought by
Prime Properties Of Highlands Llc

Purchase Details

Listed on
Feb 3, 2017
Closed on
Mar 17, 2017
Sold by
Bote Mark J and Bote Patricia
Bought by
Tokarz Paul
Seller's Agent
Randall Lanier
INACTIVE
Buyer's Agent
Marilyn Stokes
MLS Premier Properties, LLC
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.63%

Purchase Details

Closed on
May 2, 2013
Sold by
Emerson Thomas H
Bought by
Bote Mark J and Bote Patricia
Source: Public Records
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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
Mezzetti & Salazar Holdings Llc $565,000 Attorney
Prime Properties Of Highlands Llc -- Attorney
Tokarz Paul $65,000 Attorney
Bote Mark J $41,000 Heartland Title Insurance Ag
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mezzetti & Salazar Holdings Llc $423,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/16/2020 10/16/20 Sold $565,000 -63.0% $374 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
07/09/2020 07/09/20 For Sale $1,525,000 +2246.2% $1,009 / Sq Ft
03/03/2017 03/03/17 Sold $65,000 0.0% $49 / Sq Ft View Prior Sale
02/10/2017 02/10/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $65,000 -- $49 / Sq Ft
Source: Heartland Association of REALTORS®

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 $2,936 $148,151 $5,925 $142,226
2024 $2,622 $151,557 $3,950 $147,607
2023 $2,622 $86,066 $0 $0
2022 $2,317 $104,632 $3,950 $100,682
2021 $2,040 $71,129 $3,950 $67,179
2020 $1,678 $62,038 $0 $0
2019 $1,547 $52,163 $0 $0
2018 $1,539 $53,377 $0 $0
2017 $1,301 $49,828 $0 $0
2016 $1,153 $35,171 $0 $0
2015 $1,171 $36,599 $0 $0
2014 $1,142 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Heartland Association of REALTORS®

MLS Number: 273638

Heartland Association of REALTORS®

APN: S-33-34-29-021-0010-0110