NOT LISTED FOR SALE

Estimated Value: $598,969 - $1,287,000

Studio
1 Bath
-- Sq Ft
0.7 Acres

Last Sold October 29, 2019

Last sale price $400,000

Est. 136% increase in value since last sale

Current estimated payment $5,102/month

Highlights

  • No HOA
  • Eat-In Kitchen
  • Central Heating and Cooling System
  • Coosada Elementary School Rated A-
  • 1-Story Property
  • Wall to Wall Carpet

About This Home

As of October 2019

Small apartment complex, all 1 bedroom, 1 bath units with 700-800 square ft. Water is approximately $32.50 each per month. Complex has large trash container emptied twice a month Income and expenses available to qualified investor with letter from bank showing credit worthiness for 70% to 80% loan to purchase price. Owner will consider owner-financing with reasonable down payment.

Last Agent to Sell the Property

Amber Barber

Cardinal Realty Group, LLC. License #0108250 Listed on: 10/28/2019

Last Buyer's Agent

Amber Barber

Cardinal Realty Group, LLC. License #0108250 Listed on: 10/28/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2003

Lot Details

  • 0.7

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 9 Units

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number TO FOLLOW

Property Details

Home Type

Multi-Family

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Design: 1 Story
  • Year Built: 2003
  • New Construction: No
  • Information: Operating Expense Report
  • Unit Type: Unfinished
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Area Feature: Eat-In Kitchen
  • Flooring: Carpet - Wall to Wall, Vinyl/Linoleum
  • Kitchen Feature: Dishwasher, Range Electric, Refrigerator

Exterior Features

  • Construction: Vinyl Siding
  • Foundation: Slab
  • Pool: No

Utilities

  • Cooling: Central Electric
  • Heating: Central Electric
  • Sewer: Public Sewer
  • Utilities: Cable TV Available
  • Water: Public
  • Water Heater: Electric

Condo/Co-op/Association

  • Apartment Name: MILL CREEK
  • Association Fee: No

Lot Info

  • Parcel Number: TO FOLLOW

Rental Info

  • Tenant Pay: All Utilities
  • Term Lease: 1 Year

Multi Family

  • Total Units: 9
  • Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2019
Closed on
Oct 1, 2019
Sold by
Dixon Philip B and Dixon Tamara B
Bought by
Gillis Investments Llc
Seller's Agent
Amber Barber
Cardinal Realty Group, LLC.
Buyer's Agent
Amber Barber
Cardinal Realty Group, LLC.
List Price
$400,000
Sold Price
$400,000
Current Estimated Value
$942,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$542,985
Avg. Annual Appreciation
14.76%
Original Mortgage
$345,000
Outstanding Balance
$264,215
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
$678,770
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
Gillis Investments Llc $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillis Investments Llc $345,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2019 10/29/19 Sold $400,000 0.0% --
10/28/2019 10/28/19 For Sale $400,000 +64416.1% --
10/01/2019 10/01/19 Pending -- -- --
03/15/2017 03/15/17 Rented $620 0.0% --
03/15/2017 03/15/17 For Rent $620 -- --
Source: Montgomery Area 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
2024 $2,636 $73,760 $0 $0
2023 $2,663 $377,590 $9,990 $367,600
2022 $1,690 $56,318 $1,998 $54,320
2021 $1,709 $56,978 $1,998 $54,980
2020 $1,748 $58,278 $1,998 $56,280
2019 $1,768 $58,938 $1,998 $56,940
2018 $1,658 $55,278 $1,998 $53,280
2017 $1,658 $55,280 $1,998 $53,282
2016 $2,108 $55,278 $1,998 $53,280
2014 -- $273,990 $9,990 $264,000
Source: Public Records

Agents Affiliated with this Home

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Source: Montgomery Area Association of REALTORS®

MLS Number: 462753

Montgomery Area Association of REALTORS®

APN: 26-02-04-4-001-009000-0