NOT LISTED FOR SALE
10 Beds
4 Baths
5,753 Sq Ft
1910 Built

Last Sold September 02, 2022

Last sale price $360,500 $63 Per Sq Ft

7 Days on Market

About This Home

As of September 2022

Motivated seller! City has as 4 units. Beautiful investment. Units in great condition all have newer plumbing, Electric, Roof, Windows and more. Tenants pay all utilities. Building features 2-3s, 2-2s. Property sits on a double lot, has laundry room for tenants and is monitored 24/7 by 7 security cameras. This is a perfect turnkey investment. All showings must have bank approval letter. This building is being sold "As is" but in great condition. Possible FHA Financing! Only will show 1 unit prior to contract. Showings between 8-2pm.

Last Agent to Sell the Property

Lemire Schmeglar

New Millenium Properties License #471015169 Listed on: 04/02/2022

Last Buyer's Agent

Amir Dana

HomeSmart Connect LLC License #475188087

HomeSmart Connect LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,201

Year Built

  • Built in 1910 | Remodeled in 2012

Home Design

  • Brick Exterior Construction
  • Shake Roof

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 4 Bathrooms

Lot Details

  • Lot Dimensions are 50 x 125

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $360
  • Insurance Expense $2,040
  • Maintenance Expense $3,600
  • Professional Management Expense $860
  • Water Sewer Expense $3,474
  • Gross Income $4,805
  • Net Operating Income $48,009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,201

Year Built

Built in 1910 | Remodeled in 2012

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Professional Management Expense: 860
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2012
  • Rebuilt Year: 2012
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2012

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 10
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None
  • AppliancesAndFeatures: None

Exterior Features

  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 3474
  • Other Expenses $: 860
  • Trash Expense Year: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 50 X 125
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: Electric,Gas,Heat

Multi Family

  • Net Operating Income: 48009
  • Insurance Expense: 2040
  • ElectricExpense: 360
  • GrossIncome: 4805
  • Maintenance Expense: 3600
  • Units in Building: 4
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat,3 Story Unit/s

Tax Info

  • Tax Annual Amount: 4200.89
  • Tax Year: 2020
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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
09/02/2022 09/02/22 Sold $360,500 +0.4% $63 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
04/02/2022 04/02/22 For Sale $359,000 -- $62 / Sq Ft
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 $4,150 $41,000 $8,143 $32,857
2024 $4,150 $41,000 $8,143 $32,857
2023 $4,045 $19,601 $6,599 $13,002
2022 $4,045 $19,601 $6,599 $13,002
2021 $3,954 $19,600 $6,598 $13,002
2020 $4,201 $18,795 $6,598 $12,197
2019 $4,355 $21,604 $6,598 $15,006
2018 $4,281 $21,604 $6,598 $15,006
2017 $4,347 $20,123 $5,896 $14,227
2016 $4,030 $20,123 $5,896 $14,227
2015 $3,687 $20,123 $5,896 $14,227
2014 $4,360 $23,498 $5,616 $17,882
2013 $4,274 $23,498 $5,616 $17,882
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11363821

Midwest Real Estate Data (MRED)

APN: 16224050060000

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