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LISTING COUNT: DAYS ON MARKET: TOTAL HIGH LOW AVG MED 13 346 15 99 63 LIST PRICE: HIGH $1,790,000 LOW $525,000 AVERAGE $999,523 MEDIAN $939,000 TOTAL PRICE $12,993,799 SOLD PRICE: $$$$$1,470,000525,000920,463895,00011,966,025
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01
Gather all necessary information: Before filling out the sold price for a multifamily property, ensure you have collected all relevant information. This may include the property address, number of units, square footage, any recent renovations or additions, and any unique features.
02
Research recent sales: Conduct thorough research on recent sales of similar multifamily properties in the area. This will help you determine a realistic and competitive sold price for the property you are filling out. Look at factors such as the size, location, condition, and amenities of these properties to make accurate comparisons.
03
Consider market conditions: Take into account the current market conditions when determining the sold price for a multifamily property. Factors such as supply and demand, interest rates, and the overall economy can influence property prices. Stay updated on the market trends to make an informed decision.
04
Get a professional appraisal: If you're uncertain about determining the sold price for a multifamily property on your own, consider hiring a professional appraiser. They will conduct a thorough evaluation of the property and provide an unbiased assessment to help you determine the correct sold price.

Who needs sold price - multifamily?

01
Real estate agents: Real estate agents need the sold price for multifamily properties to accurately list and market them to potential buyers. This information helps them determine the property's value and create effective pricing strategies.
02
Property sellers: If you own a multifamily property and plan to sell it, you will need to know the sold price. This information allows you to set a competitive price that attracts buyers and ensures a fair return on your investment.
03
Potential buyers: Individuals or investors who are interested in purchasing a multifamily property need to know its sold price. This helps them evaluate if the property fits within their budget and investment goals.
04
Lenders and appraisers: Lenders and appraisers require the sold price for multifamily properties to assess the property's value and determine the loan amount or refinancing options available. Accurate sold price information is essential for making financial decisions related to the property.
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Sold price - multifamily refers to the price at which a multi-family property, such as an apartment building or condominium complex, is sold.
Any individual or entity involved in the sale of a multi-family property is required to file the sold price - multifamily.
The sold price - multifamily should be filled out by providing the exact amount at which the multi-family property was sold.
The purpose of sold price - multifamily is to provide transparency and accountability in real estate transactions involving multi-family properties.
The sold price - multifamily report must include the sale price of the property, the date of sale, and the parties involved in the transaction.
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