NOT LISTED FOR SALE

Estimated Value: $344,717 - $461,000

4 Beds
2 Baths
1,588 Sq Ft
$244/Sq Ft Est. Value

Last Sold June 18, 2019

Last sale price $186,000 $117 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $2,616/month

1 Day on Market

Highlights

  • Attic
  • No HOA
  • Enclosed Patio or Porch
  • Corner Lot
  • Thermal Windows
  • Property is near shops

About This Home

As of June 2019

Outstanding Investment Opportunity for the investor, or Owner Occupant! Terrific cash flow awaits you in this hard to find Duplex Ranch home. Located in Morris Cove just minutes to Lighthouse Park, Fort Hale and the sea wall. This home comes with a 1 year Home Warranty!
The right side unit has been freshly painted from top to bottom and is ready to rent or owner occupy. The living room, hallway and both bedrooms offer hardwood flooring and crown molding. The large eat in kitchen with appliances and tile flooring offers access to an enclosed 9 x 11 sun room. The occupied left side unit of this duplex offers a similar footprint.
You will find separate central air conditioning units, furnaces, and hot water heaters. The full unfinished basement is separated so each unit has its own storage area and washer/dryer hook ups. This home with its newer roof and vinyl replacement windows sits on a pretty landscaped corner lot.
Whether you are a seasoned investor, a first time investor or simply a buyer who would wants a great place to live and welcomes a tenant helping pay your mortgage this is the property for you. Come take a look!

Last Agent to Sell the Property

Scott Martin

Showcase Realty, Inc. License #RES.0807201 Listed on: 05/17/2019

Showcase Realty, Inc.

Last Buyer's Agent

Scott Martin

Showcase Realty, Inc. License #RES.0807201 Listed on: 05/17/2019

Showcase Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,199

Year Built

  • Built in 1963

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,588 Sq Ft Home
  • Thermal Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated
  • Storm Doors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch

Location

  • Flood Zone Lot
  • Property is near shops

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,199

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Neighborhood: Lighthouse Point
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 1588
  • Public Record Living Room Sq Ft: 1588
  • Total Sq Ft: 1588
  • Year Built: 1963
  • Nearby Amenities: Park, Shopping/Mall
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: Yes
  • Radon Mitigation Air Ynu: No
  • Public Record Gross Sq Ft: 3533
  • Directions: Lighthouse Road to Morris Avenue to Meadow View Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Unfinished
  • Laundry Room Info: All Units Have Hook-Ups, Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 100

Exterior Features

  • Exterior Features: Patio, Porch-Enclosed
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking
  • Driveway Type: Paved

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Storm Doors, Thermopane Windows

Lot Info

  • Acres: 0.1400
  • Lot Description: Corner Lot, Level Lot
  • Elevation Certificate: No
  • Flood Zone: Yes
  • Zoning: RS2

Multi Family

  • Unit Count: 2
  • Total Multi Family: 8
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 5199
  • Total Assessed Value: 120960
  • Mil Rate Base: 42.980
  • Mil Rate Total: 42.980
  • Assessor Parcel Number: 1236117

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2019
Closed on
Jun 11, 2019
Sold by
Fis Co Llc
Bought by
Karmelowicz Steve
Seller's Agent
Scott Martin
Showcase Realty, Inc.
Buyer's Agent
Scott Martin
Showcase Realty, Inc.
List Price
$182,000
Sold Price
$186,000
Premium/Discount to List
$4,000
2.2%
Current Estimated Value
$386,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,679
Avg. Annual Appreciation
10.60%

Purchase Details

Closed on
Oct 30, 2001
Sold by
Securitization Series
Bought by
Fisco Ralph A

Purchase Details

Closed on
Jun 27, 1989
Sold by
Cousins Mary G
Bought by
Nazzaro Anthony
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
Karmelowicz Steve $186,000 --
Fisco Ralph A $94,900 --
Nazzaro Anthony $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nazzaro Anthony $95,000
Previous Owner Nazzaro Anthony $116,000
Previous Owner Nazzaro Anthony $17,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2019 06/18/19 Sold $186,000 +2.2% $117 / Sq Ft
05/18/2019 05/18/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $182,000 0.0% $115 / Sq Ft
05/27/2014 05/27/14 Rented $1,200 0.0% --
05/11/2014 05/11/14 Under Contract -- -- --
05/09/2014 05/09/14 For Rent $1,200 -- --
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 $6,790 $172,340 $63,210 $109,130
2024 $6,635 $172,340 $63,210 $109,130
2023 $6,411 $172,340 $63,210 $109,130
2022 $6,851 $172,340 $63,210 $109,130
2021 $5,308 $120,960 $41,090 $79,870
2020 $5,308 $120,960 $41,090 $79,870
2019 $5,199 $120,960 $41,090 $79,870
2018 $5,199 $120,960 $41,090 $79,870
2017 $4,679 $120,960 $41,090 $79,870
2016 $4,654 $112,000 $40,180 $71,820
2015 $4,654 $112,000 $40,180 $71,820
2014 $4,654 $112,000 $40,180 $71,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170195722

SmartMLS

APN: NHVN-000033-000860-000900