450 1st Ave SE
More Than Just a Property
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Nearby Schools
Educational options and performance ratings in the area.
Carmel Elementary School
Carmel Middle School
Carmel High School
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Haven AI Verdict
Data provided by Haven AI. Disclaimer
Haven AI
Analyzing property data...
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-07-15 | Sold | $800,377 | $225 |
| 2026-05-27 | Pending sale | $950,000 | $267 |
| 2026-05-20 | Price change | $950,000 | $267 |
| 2026-05-07 | Price change | $999,000 | $280 |
| 2026-04-24 | Listed for sale | $1,070,000 | $300 |
| 2016-08-10 | Sold | $490,000 | $138 |
| 2016-02-01 | Sold | $475,000 | $133 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $7,918.86 | $716,100 |
| 2024 | $7,479.16 | $693,900 |
| 2023 | $6,070.48 | $663,700 |
| 2022 | $5,521 | $531,200 |
| 2021 | $5,556.54 | $487,400 |
| 2020 | $5,592.08 | $490,500 |
| 2019 | $5,490.02 | $493,600 |
| 2018 | $4,986.7 | $493,600 |
| 2017 | $4,601.04 | $448,800 |
| 2016 | $5,031.56 | $421,000 |
| 2014 | $1,358.28 | $156,400 |
| 2013 | $1,063.42 | $150,400 |
| 2012 | $1,060.74 | $149,400 |
| 2011 | $727.08 | $127,700 |
| 2010 | $760.26 | $127,700 |
| 2009 | $776.14 | $135,700 |
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Multi-factor yield grade
NOI: $30,495/yr
On $229,770 invested
Negative debt coverage
Equity + cumulative cash
Monthly Cash Flow Breakdown
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