NOT LISTED FOR SALE

Estimated Value: $735,000 - $808,000

11 Beds
7 Baths
7,010 Sq Ft
$108/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $1,200,000 $171 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $4,638/month

62 Days on Market

Highlights

  • 1.04 Acre Lot
  • 2 Fireplaces
  • Enclosed patio or porch
  • Wood Flooring
  • Corner Lot

About This Home

As of September 2022

Formerly part of the Webster Estate, this oversized multi-unit building presents a wonderful investment opportunity. Located just outside of the Village, this location is nearby restaurants, commuter rail and West Beach. Part of a newly created subdivision where homes are selling in the 1.2-1.8-million-dollar range. Featuring 5 units with a mix of larger units with flexible floor plans, ample parking area and plenty of original character the savvy investor has multiple ways to capitalize on this property. Also abutting 30 Webster, buy as package or individually.

Last Agent to Sell the Property

Herrick Lutts Realty Partners

Herrick Lutts Realty Partners Listed on: 05/16/2022

Last Buyer's Agent

Herrick Lutts Realty Partners

Herrick Lutts Realty Partners Listed on: 05/16/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,309

Year Built

  • Built in 1900

Lot Details

  • 1.04 Acre Lot
  • Property fronts a private road
  • Corner Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 7,010 Sq Ft Home
  • 2 Fireplaces
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 7 Full Bathrooms

Parking

  • 10 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Enclosed patio or porch

Utilities

  • 1 Heating Zone
  • Oil Water Heater

Listing and Financial Details

  • Total Actual Rent $9,075
  • Assessor Parcel Number 4187587

Community Details

Overview

  • 5 Units
  • Property has 2 Levels

Building Details

  • Insurance Expense $3,600
  • Water Sewer Expense $2,600
  • Operating Expense $24,700
  • Net Operating Income $72,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,309

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 11

Interior Features

  • Flooring: Wood,Carpet
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Oil Water Heater
  • Total Bedrooms: 11
  • Full Bathrooms: 7
  • Total Bathrooms: 7
  • Total Bathrooms: 7
  • Basement: Full
  • Living Area: 7010
  • Stories Total: 11
  • MAIN LO: AN6507
  • LIST PRICE PER Sq Ft: 184.74
  • PRICE PER Sq Ft: 171.18
  • MAIN SO: AN6507

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Enclosed
  • Road Frontage Type: Private Road
  • Roof: Shingle, Rubber
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 1
  • HEAT ZONES: 1
  • COOLING ZONES: 0

Fee Information

  • Water Sewer Expenses: 2600

Lot Info

  • Parcel Number: 4187587
  • Zoning: R45
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 1.04
  • Lot Size Area: 1.04
  • Lot Size Sq Ft: 45516
  • Lot Size Units: Acres
  • PAGE: 31
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 1900
  • Tax Annual Amount: 17309
  • Tax Book Number: 35767

Multi Family

  • Gross Income: 96900
  • Insurance Expense: 3600
  • Net Operating Income: 72200
  • Number Of Units Total: 5
  • Operating Expense: 24700
  • Total Actual Rent: 9075
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 3
  • FLRS 3: 2
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2008
Sold by
Oconnor Jeanne M and Oconnor Thomas J
Bought by
Kouklamanis Debbie and Kouklamanis Ernest
Current Estimated Value
$739,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Outstanding Balance
$128,464
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$589,611
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Kouklamanis Debbie $312,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kouklamanis Debbie $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $1,200,000 -7.3% $171 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
07/05/2022 07/05/22 Price Changed $1,295,000 0.0% $185 / Sq Ft
07/05/2022 07/05/22 For Sale $1,295,000 +7.9% $185 / Sq Ft
06/18/2022 06/18/22 Off Market $1,200,000 -- --
06/10/2022 06/10/22 Price Changed $1,395,000 -6.7% $199 / Sq Ft
05/31/2022 05/31/22 Price Changed $1,495,000 -6.3% $213 / Sq Ft
05/16/2022 05/16/22 For Sale $1,595,000 -- $228 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $7,039 $640,500 $394,500 $246,000
2024 $6,759 $601,900 $355,900 $246,000
2023 $6,342 $563,200 $317,200 $246,000
2022 $6,148 $505,200 $259,200 $246,000
2021 $5,850 $460,600 $247,500 $213,100
2020 $5,712 $445,200 $232,100 $213,100
2019 $5,509 $417,000 $212,700 $204,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72982077

MLS Property Information Network (MLS PIN)

APN: BEVE M:0085 B:0147 L: