NOT LISTED FOR SALE

Estimated Value: $379,000 - $477,967

4 Beds
2 Baths
1,820 Sq Ft
$232/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $235,000 $129 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,626/month

9 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Central Heating and Cooling System
  • Booker High School Rated A-
  • Ceramic Tile Flooring
  • Combination Dining and Living Room

About This Home

As of March 2020

Outstanding stabilized income on this updated duplex! Excellent investment opportunity located several blocks from downtown and public transportation. Corner lot on a very low traffic quiet street. Each unit has 2 bedrooms and 2 full baths. There have been many interior updates, newer central air and heat and a brand new roof just completed in 2020. Interior laundry facilities for each unit. Perimeter fencing and on site parking. Section 8 inspected and approved helps make this a very solid investment. Tenants are long term but are on month to month leases, they would like to stay and they produce a very stable income.

Last Agent to Sell the Property

Angelia Young

A YOUNG REALTY GROUP INC License #0700325 Listed on: 02/12/2020

Last Buyer's Agent

Angelia Young

A YOUNG REALTY GROUP INC License #0700325 Listed on: 02/12/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,113

Year Built

  • Built in 1962

Lot Details

  • 5,100 Sq Ft Lot
  • Lot Dimensions are 51x100
  • Street terminates at a dead end
  • Fenced
  • Corner Lot

Parking

  • 2 Carport Spaces

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,820 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave

Flooring

  • Carpet
  • Ceramic Tile

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Pos Resub Of Lt 8 Blk L Subdivision

Building Details

  • Gross Income $29,040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,113

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1820
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 1962
  • Lot Size Sq Ft: 5100
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4459604?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4459604?w=Customer
  • Unit Count: 1
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.78359
  • Price per Sq Ft: 129.12
  • Close to Original List Price Ratio: 0.78359
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Window Treatments
  • Appliances Included: Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No

Lot Info

  • Zoning: DTN
  • Parcel Number: 2028050093
  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Lot Dimensions: 51x100
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Gross Income: 29040
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2113.17
  • Tax Block: L
  • Tax Book Number: 2-164
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2020
Sold by
Onaway Properties Llc
Bought by
Lwm Reit Llc
Current Estimated Value
$422,492

Purchase Details

Listed on
Feb 12, 2020
Closed on
Mar 13, 2020
Sold by
The Halpern Family Limited Partnership
Bought by
Onaway Properties Llc
Seller's Agent
Angelia Young
A YOUNG REALTY GROUP INC
Buyer's Agent
Angelia Young
A YOUNG REALTY GROUP INC
List Price
$299,900
Sold Price
$235,000
Premium/Discount to List
-$64,900
-21.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.51%

Purchase Details

Closed on
Dec 31, 2012
Sold by
Halpern Allen C and Halpern Elizabeth A
Bought by
The Halpern Family Limited Partnership L

Purchase Details

Closed on
Aug 2, 2010
Sold by
Blue Water Hr Llc
Bought by
Halpern Allen C and Halpern Elizabeth A

Purchase Details

Closed on
May 27, 2010
Sold by
Wells Fargo Bank Na
Bought by
Blue Water Hr Llc

Purchase Details

Closed on
Oct 8, 1999
Sold by
Ramirez Jorge Luis and Ramierez Sara
Bought by
Morales Oviedo Mario A and Morales Oviedo Thelma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,403
Interest Rate
7.85%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 29, 1996
Sold by
Caldwell Tr Co
Bought by
Ramirez Jorge Luis and Ramirez Sra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,300
Interest Rate
8.17%
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
Lwm Reit Llc $250,000 Attorney
Onaway Properties Llc $235,000 Main Street Title Llc
The Halpern Family Limited Partnership L -- Attorney
Halpern Allen C $42,500 Attorney
Blue Water Hr Llc $34,900 None Available
Morales Oviedo Mario A $73,000 --
Ramirez Jorge Luis $49,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morales Oviedo Mario A $72,403
Previous Owner Ramirez Jorge Luis $34,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2020 03/13/20 Sold $235,000 -21.6% $129 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $299,900 -- $165 / Sq Ft
Source: Stellar MLS

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 $5,182 $295,456 -- --
2024 $4,688 $268,596 -- --
2023 $4,688 $377,000 $142,000 $235,000
2022 $4,090 $308,400 $116,600 $191,800
2021 $3,346 $201,800 $79,000 $122,800
2020 $2,560 $176,800 $65,800 $111,000
2019 $2,113 $128,300 $49,900 $78,400
2018 $1,985 $122,400 $36,800 $85,600
2017 $1,756 $93,412 $0 $0
2016 $1,619 $88,300 $19,900 $68,400
2015 $1,496 $77,200 $19,900 $57,300
2014 $1,530 $64,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Stellar MLS

MLS Number: A4459604

Stellar MLS

APN: 2028-05-0093