NOT LISTED FOR SALE

Estimated Value: $211,000 - $272,000

5 Beds
2.5 Baths
1,418 Sq Ft
$163/Sq Ft Est. Value

Last Sold October 05, 2022

Last sale price $175,000 $123 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,573/month

23 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Baseboard Heating
  • Attic
  • Thermal Windows
  • Level Lot

About This Home

As of October 2022

Investors take note! This two family is turn key, a true gem on an up and coming dead end street. The units are such you can mix and match space as needed. Floor plan is provided with pictures, and allows one to see the versatility of the rooms. Current owner of the home has upgraded from roof to broiler. There are two parking spots right outside of the home and a small but private rear yard. Walk score is fabulous for bus lines or shopping. Ready for immediate occupancy! This seller has intentionally priced the home under market to sell quickly with zero headache! Seller will not do any further upgrades or repairs.

Last Listed By

Mary Poola

William Raveis Real Estate License #REB.0755915 Listed on: 08/29/2022

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,512

Year Built

  • Built in 1870

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,418 Sq Ft Home
  • Thermal Windows
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 5 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Garage
  • Driveway
  • Off-Street Parking

Location

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

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,512

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1418
  • Public Record Living Room Sq Ft: 1142
  • Total Sq Ft: 1418
  • Year Built: 1870
  • Nearby Amenities: Commuter Bus, Library, Medical Facilities, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2280
  • Directions: Hempstead to Thompson. Dead End. Home on left.
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Walk-Out, Partially Finished, Liveable Space
  • Laundry Room Info: Hook-Up In Unit 1
  • Attic: Yes
  • Street Number Modifier: 10

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Garages Number: 2
  • Driveway Type: Asphalt

Utilities

  • Heat Type: Baseboard, Gravity Warm Air
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.0900
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: r3

Multi Family

  • Gross Annual Income: 31200
  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 2512
  • Total Assessed Value: 67340
  • Mil Rate Base: 37.310
  • Mil Rate Total: 37.310
  • Assessor Parcel Number: 2000193

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
Aug 29, 2022
Closed on
Oct 5, 2022
Sold by
M & M Properties Ix Llc
Bought by
Lora Ricardo M
Seller's Agent
Mary Poola
William Raveis Real Estate
Buyer's Agent
Gabriella Tryon
Executive Real Estate Inc.
List Price
$150,000
Sold Price
$175,000
Premium/Discount to List
$25,000
16.67%
Total Days on Market
23
Views
125
Current Estimated Value
$231,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,565
Avg. Annual Appreciation
11.19%
Original Mortgage
$131,250
Outstanding Balance
$126,681
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$104,884

Purchase Details

Closed on
Aug 18, 2021
Sold by
Nelson Roger
Bought by
M & M Properties 10 Llc

Purchase Details

Listed on
Oct 20, 2016
Closed on
Jan 9, 2017
Sold by
Department Of Housing & Urban Dev
Bought by
Nelson Roger
Seller's Agent
Tammy Boles-Senkewitcz
Asset Real Estate
Buyer's Agent
Ed Stebbins
Assist 2 Sell/Stebbins Buyer & Sellers Realty
List Price
$40,000
Sold Price
$32,600
Premium/Discount to List
-$7,400
-18.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.32%

Purchase Details

Closed on
Sep 19, 2016
Sold by
Deutsche Bank Natl T C
Bought by
White George L

Purchase Details

Closed on
Feb 19, 2016
Sold by
Citizens Bank Na
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Jun 24, 2015
Sold by
Serrano Roberto A and Serrano Maritza
Bought by
Rbs Citizens Na

Purchase Details

Closed on
Feb 28, 2011
Sold by
White George L
Bought by
Serran Roberto A and Serrano Maritza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,704
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2008
Sold by
Deutsche Bank Natl T C
Bought by
White George L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.35%

Purchase Details

Closed on
Feb 17, 2006
Sold by
George White
Bought by
Guzman Jose

Purchase Details

Closed on
Sep 16, 1987
Sold by
Steiger William B
Bought by
Gordon Wendy M

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
Lora Ricardo M $175,000 None Available
M & M Properties 10 Llc -- None Available
M & M Properties 10 Llc -- None Available
Nelson Roger $32,600 --
White George L $66,000 --
Department Of Housing & Urban Dev -- --
Rbs Citizens Na -- --
Serran Roberto A $130,000 --
White George L $66,000 --
Guzman Jose $253,000 --
Gordon Wendy M $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lora Ricardo M $131,250
Previous Owner Gordon Wendy M $126,704
Previous Owner Gordon Wendy M $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2022 10/05/22 Sold $175,000 +16.7% $123 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
08/29/2022 08/29/22 For Sale $150,000 +360.1% $106 / Sq Ft
01/06/2017 01/06/17 Sold $32,600 -18.5% $29 / Sq Ft
10/21/2016 10/21/16 Pending -- -- --
10/20/2016 10/20/16 For Sale $40,000 -- $35 / 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
2024 $3,328 $121,000 $31,700 $89,300
2023 $2,990 $80,290 $13,300 $66,990
2022 $2,512 $67,340 $13,300 $54,040
2021 $2,556 $67,340 $13,300 $54,040
2020 $2,572 $67,340 $13,300 $54,040
2019 $2,687 $67,340 $13,300 $54,040
2018 $2,391 $54,670 $16,870 $37,800
2017 $2,420 $54,670 $16,870 $37,800
2016 $2,212 $54,670 $16,870 $37,800
2015 $2,159 $54,670 $16,870 $37,800
2014 $1,874 $54,670 $16,870 $37,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170519848

SmartMLS

APN: NLON-000029-000166-000011