NOT LISTED FOR SALE

Estimated Value: $200,000 - $392,000

8 Beds
4 Baths
3,266 Sq Ft
$92/Sq Ft Est. Value

Last Sold February 12, 2021

Last sale price $110,000 $34 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $2,259/month

94 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Porch
  • Attic
  • Thermal Windows
  • Patio

About This Home

As of February 2021

Large 3 family needs a roof but the apartments are large & have been fully rented during the duration of the sellers ownership. 1st floor has a private entrance & at one time, must have been the owner's because there are upgrades you don't usually see in the average 3 family: real wood paneled walls in some rooms & 2 full baths. The fireplace no longer works. 3 Bedrooms, formal dining room, eat in kitchen with washer hookup & 2nd full bathroom complete the 1st floor. In back, a tiled enclosed porch is home to the tenant's dryer as well as doors leading to the backyard & basement hatchway to the left & the 2nd egress from one of the two 2nd floor apartments to the right. The 2nd floor front has washer/dryer hook up in butlers pantry & a painted tin roof in the kitchen. Gas meter is for the stove in 2nd fl apartment. Separate entrance to the enormous walk up attic. Property is zoned RH (rooming house) so it could be finished for additional rental income or an owner occupant could have an awesome apartment. Fenced in backyard provides a quiet place to relax or a safe place to play. There is a "finished room" 3 newer hot water heaters & 4 electrical panels (including owner's panel) in the basement. Will not go FHA due to condition of the roof and inspections difficult because of tenant's personal possessions. CASH would be best option

Last Agent to Sell the Property

Ruth Zeiss

William Raveis Real Estate License #RES.0789147 Listed on: 10/29/2020

William Raveis Real Estate

Last Buyer's Agent

Wali Muhammad

YellowBrick Real Estate LLC License #RES.0811203

YellowBrick Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,870

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot
  • Garden

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Masonry

Interior Spaces

  • 3,266 Sq Ft Home
  • Thermal Windows
  • Concrete Flooring
  • Storm Doors

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Attic

  • Attic Floors
  • Walkup Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Hatchway

Parking

  • Private Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Floor Furnace
  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $27,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,870

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Brooklyn Center
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3266
  • Public Record Living Room Sq Ft: 3266
  • Total Sq Ft: 3266
  • Year Built: 1900
  • Nearby Amenities: Library, Medical Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Directions: Riverside to Green.
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Attic Description: Walk-up, Floored
  • Basement Description: Full With Hatchway, Unfinished, Concrete Floor, Hatchway Access
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes

Exterior Features

  • Exterior Features: Garden Area, Gutters, Lighting, Patio, Porch, Sidewalk
  • Exterior Siding: Aluminum
  • Foundation Type: Masonry
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway, On Street Parking, Off Street Parking
  • Driveway Type: Private, Asphalt

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: 40 Gallon Tank, Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Green Features

  • Energy Features: Storm Doors, Thermopane Windows

Lot Info

  • Acres: 0.0900
  • Lot Description: Level Lot
  • Zoning: RH

Multi Family

  • Gross Annual Income: 27300
  • Unit Count: 3
  • Total Multi Family: 14
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 5870
  • Mil Rate Base: 60.210
  • Assessor Parcel Number: 1386356

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Feb 10, 2021
Sold by
26 North Barnes Llc
Bought by
Gda Holdings Llc
Seller's Agent
Ruth Zeiss
William Raveis Real Estate
Buyer's Agent
Wali Muhammad
YellowBrick Real Estate LLC
List Price
$140,000
Sold Price
$110,000
Premium/Discount to List
-$30,000
-21.43%
Current Estimated Value
$292,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,333
Avg. Annual Appreciation
23.12%
Original Mortgage
$129,400
Outstanding Balance
$115,634
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$185,366

Purchase Details

Listed on
Nov 11, 2014
Closed on
Dec 5, 2014
Sold by
Pennymac Corp
Bought by
26 North Barnes Llc
Seller's Agent
SHARON GILSON
Northwest CT Realty
Buyer's Agent
Ruth Zeiss
William Raveis Real Estate
List Price
$24,900
Sold Price
$30,500
Premium/Discount to List
$5,600
22.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.03%
Original Mortgage
$32,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2014
Sold by
Candal Michael and Candal Rebecca
Bought by
Pennymac Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gda Holdings Llc $110,000 None Available
26 North Barnes Llc $30,500 --
Pennymac Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gda Holdings Llc $129,400
Previous Owner Pennymac Corp $40,000
Previous Owner Pennymac Corp $32,000
Previous Owner Pennymac Corp $80,400
Previous Owner Pennymac Corp $98,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/12/2021 02/12/21 Sold $110,000 -12.0% $34 / Sq Ft
01/31/2021 01/31/21 Pending -- -- --
11/11/2020 11/11/20 Price Changed $125,000 -10.7% $38 / Sq Ft
10/29/2020 10/29/20 For Sale $140,000 +359.0% $43 / Sq Ft
12/05/2014 12/05/14 Sold $30,500 +22.5% $9 / Sq Ft View Prior Sale
11/24/2014 11/24/14 Pending -- -- --
11/11/2014 11/11/14 For Sale $24,900 -- $8 / Sq Ft
Source: SmartMLS

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 $8,665 $192,640 $13,580 $179,060
2024 $9,524 $192,640 $13,580 $179,060
2023 $10,439 $192,640 $13,580 $179,060
2022 $5,975 $99,240 $13,550 $85,690
2021 $5,975 $99,240 $13,550 $85,690
2020 $5,870 $97,500 $13,550 $83,950
2019 $5,870 $97,500 $13,550 $83,950
2018 $5,870 $97,500 $13,550 $83,950
2017 $5,543 $92,060 $13,550 $78,510
2016 $5,543 $92,060 $13,550 $78,510
2015 $5,360 $92,060 $13,550 $78,510
2014 $5,360 $92,060 $13,550 $78,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170349865

SmartMLS

APN: WATE-000343-000683-000010