NOT LISTED FOR SALE

Estimated Value: $389,368 - $605,000

-- Bed
2 Baths
1,837 Sq Ft
$276/Sq Ft Est. Value

Last Sold September 12, 2019

Last sale price $400,000 $218 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,455/month

65 Days on Market

About This Home

As of September 2019

Investors take note! Solid & sturdy Concord two-family located in convenient location near downtown! Property is presently occupied with LONG TERM tenants grossing $2500 per month with utilities included & washer/dryer hookups on both floors. The seller would also consider including #8 Perley in a bulk sale with #10 or EITHER property by themselves. #8 Perley is also a 2 unit currently zoned Commercial, as it has office space on floor #1 that was previously generating $1600.00 per month. This unit can easily be converted to residential with a variance due to a small shortage in lot size, as verified with the town. The 2nd floor at #8 is a nice studio apartment that could generate $1200.00 per month or more and has been recently vacated. Seller is offering both at a price of $430,000 and "AS IS" as home inspections will be for buyers due diligence ONLY. Agents please schedule around these Showing times: Wednesdays 4-7 pm Saturdays: 10-2 pm due to tenants.

Last Agent to Sell the Property

Robert Young

EXP Realty License #072265 Listed on: 06/19/2019

EXP Realty

Last Buyer's Agent

Phil Bates

Galactic Realty Group LLC License #073193

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,959

Year Built

  • Built in 1900

Lot Details

  • 4,530 Sq Ft Lot
  • Lot Sloped Up

Parking

  • Shared Driveway

Home Design

  • Duplex
  • Concrete Foundation
  • Foam Insulation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2.5-Story Property
  • Interior Basement Entry

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • 100 Amp Service
  • Natural Gas Water Heater
  • High Speed Internet

Community Details

  • 2 Units
  • Gross Income $30,000

Listing and Financial Details

  • Legal Lot and Block 4 / 3

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,959

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Duplex
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 217.75
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3885
  • Sq Ft - Apx Total Finished: 1837
  • Year Built: 1900
  • Remarks Public: Investors take note! Solid & sturdy Concord two-family located in convenient location near downtown! Property is presently occupied with LONG TERM tenants grossing $2500 per month with utilities included & washer/dryer hookups on both floors. The seller would also consider including #8 Perley in a bulk sale with #10 or EITHER property by themselves. #8 Perley is also a 2 unit currently zoned Commercial, as it has office space on floor #1 that was previously generating $1600.00 per month. This unit can easily be converted to residential with a variance due to a small shortage in lot size, as verified with the town. The 2nd floor at #8 is a nice studio apartment that could generate $1200.00 per month or more and has been recently vacated. Seller is offering both at a price of $430,000 and "AS IS" as home inspections will be for buyers due diligence ONLY. Agents please schedule around these Showing times: Wednesdays 4-7 pm Saturdays: 10-2 pm due to tenants.
  • List Agent: 281623
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Concrete
  • Sq Ft - Apx Finished AG: 1837
  • Sq Ft - Apx Unfinished AG: 1012
  • Sq Ft - Apx Unfinished BG: 1036

Exterior Features

  • Construction: Insulation-Foam
  • Driveway: Common/Shared
  • Exterior: Vinyl Siding
  • Foundation: Concrete
  • Road Frontage: Yes
  • Roof: Shingle

Utilities

  • Electric: 100 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas - Natural
  • Heating Fuel: Oil
  • Heating: Forced Air
  • Utilities: High Speed Intrnt -Atsite

Lot Info

  • Map: 28
  • Lot: 4
  • Lot Sq Ft: 4530
  • Lot Acres: 0.104
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: residential duplex
  • Deed Book: 2040
  • Deed Page: 382
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 30000
  • Total Full Baths: 2
  • Total Units: 2
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 1

Tax Info

  • Tax Gross Amount: 5959
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2023
Sold by
Smith Kenneth C and Adams Lee M
Bought by
Kenneth Smith Ret and Adams
Current Estimated Value
$507,592

Purchase Details

Listed on
Jun 19, 2019
Closed on
Sep 12, 2019
Sold by
Dickson Ft
Bought by
Adams Lee and Smith Kenneth C
Seller's Agent
Robert Young
EXP Realty
Buyer's Agent
Phil Bates
Galactic Realty Group LLC
List Price
$239,900
Sold Price
$400,000
Premium/Discount to List
$160,100
66.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.21%
Original Mortgage
$275,000
Interest Rate
3.7%
Mortgage Type
New Conventional
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
Kenneth Smith Ret -- None Available
Adams Lee $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adams Lee $275,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2019 09/12/19 Sold $400,000 +70.2% $218 / Sq Ft
08/23/2019 08/23/19 Pending -- -- --
08/12/2019 08/12/19 Price Changed $235,000 -2.0% $128 / Sq Ft
07/26/2019 07/26/19 For Sale $239,900 0.0% $131 / Sq Ft
06/27/2019 06/27/19 Pending -- -- --
06/19/2019 06/19/19 For Sale $239,900 -- $131 / Sq Ft
Source: PrimeMLS

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
2024 $7,521 $271,600 $89,100 $182,500
2023 $6,828 $254,200 $89,100 $165,100
2022 $6,581 $254,200 $89,100 $165,100
2021 $6,858 $273,000 $89,100 $183,900
2020 $6,000 $224,200 $71,100 $153,100
2019 $5,567 $200,400 $66,100 $134,300
2018 $6,367 $211,400 $66,100 $145,300
2017 $5,843 $206,900 $66,100 $140,800
2016 $5,279 $190,800 $66,100 $124,700
2015 $4,620 $169,000 $64,700 $104,300
2014 $4,531 $169,000 $64,700 $104,300
2013 $4,044 $158,100 $64,700 $93,400
2012 $3,463 $142,100 $64,700 $77,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4760022

PrimeMLS

APN: CNCD-000028-000003-000004