NOT LISTED FOR SALE
16 Beds
4 Baths
13,512 Sq Ft
8,276 Sq Ft Lot

Last Sold November 22, 2019

Last sale price $650,000 $48 Per Sq Ft

197 Days on Market

Highlights

  • 0.19 Acre Lot
  • Zoned Cooling
  • 4-minute walk to Washington Park
  • No HOA
  • Level Lot

About This Home

As of November 2019

FANTASTIC INVESTMENT. BANK OWNED REO. PREVIOUS TENANT USE WAS A LARGE BUFFET SIT DOWN RESTAURANT IN ADDITION TO NIGHT CLUB IN OTHER STORE FRONT AND 4 REMODELED APARTMENT ON THE 2ND AND 3RD FLOORS. FIRE DOORS THROUGHOUT,SPRINKLER SYSTEM, WALK IN COOLERS, ALARM, UPGRADED ELECTRICAL, NEW PLUMBING, FULLY OPERATIONAL KITCHEN, NEWER CONDENSERS, PULL DOWN GRATES, REMODELED APARTMENTS, HIGH TRAFFIC,ACROSS FROM GALA SUPERMARKET, NEWER HEATING SYSTEM, FIRE SUPPRESSION SYSTEM, THERMO WINDOWS, SEMI FINISHED BASEMENT AND MUCH MORE. INVESTOR DREAM. WONT LAST LONG. SEE MLS#170179810 CROSS REFERENCE.

Last Agent to Sell the Property

Charles Scott

Tri-State Realty License #REB.0614856 Listed on: 04/09/2019

Last Buyer's Agent

Non Member

Non-Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $32,269

Year Built

  • Built in 1880

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Foundation
  • Flat Tile Roof
  • Masonry Siding

Interior Spaces

  • 13,512 Sq Ft Home
  • Basement Fills Entire Space Under The House

Utilities

  • Zoned Cooling
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 6 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$32,269

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Neighborhood: East Side
  • Property Type: Multi-Family For Sale
  • Style: 4sides - Units Are Side-by-Side
  • Sq Ft Est Heated Above Grade: 13512
  • Public Record Living Room Sq Ft: 11880
  • Total Sq Ft: 13512
  • Year Built: 1880
  • Remarks Public Addendum: FANTASTIC INVESTMENT. BANK OWNED REO. PREVIOUS TENANT USE WAS A LARGE BUFFET SIT DOWN RESTAURANT IN ADDITION TO NIGHT CLUB IN OTHER STORE FRONT AND 4 REMODELED APARTMENT ON THE 2ND AND 3RD FLOORS. FIRE DOORS THROUGHOUT,SPRINKLER SYSTEM, WALK IN COOLERS
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 13512
  • Tax Year Updated Dt: 07/29/2019
  • Directions: BOSTON AVENUE TO EAST MAIN STREET ACROSS FROM GALA SUPER MARKET
  • Special Features: None

Interior Features

  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 1001

Exterior Features

  • Exterior Features: Sidewalk
  • Exterior Siding: Brick
  • Foundation Type: Concrete
  • Roof Information: Flat
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Cooling System: Zoned
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • 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
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1900
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: mixed

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 32269
  • Total Assessed Value: 593500
  • Mil Rate Base: 54.370
  • Mil Rate Total: 54.370
  • Assessor Parcel Number: 25755

Multi Family

  • Total Num Of Units: 6

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
Apr 9, 2019
Closed on
Nov 22, 2019
Sold by
Peoples United Bank
Bought by
1001 East Main Street Inc
Seller's Agent
Charles Scott
Tri-State Realty
Buyer's Agent
Non Member
Non-Member
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Total Days on Market
197

Purchase Details

Listed on
Dec 28, 2012
Closed on
Jul 25, 2013
Sold by
1001 E Main St Llc
Bought by
Republic Llc
Seller's Agent
Dawn Ciappetta
William Raveis Real Estate
Buyer's Agent
Dawn Ciappetta
William Raveis Real Estate
List Price
$1,175,000
Sold Price
$1,000,000
Premium/Discount to List
-$175,000
-14.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.57%
Original Mortgage
$675,000
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 7, 2006
Sold by
Soto Edwin
Bought by
D & E Llc

Purchase Details

Closed on
Jan 10, 2000
Sold by
Delmedico Armand J
Bought by
Soto Edwin A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
1001 East Main Street Inc $650,000 --
1001 East Main Street Inc $650,000 --
Republic Llc $1,000,000 --
Republic Llc $1,000,000 --
D & E Llc $460,000 --
D & E Llc $460,000 --
Soto Edwin A $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Soto Edwin A $675,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $650,000 -7.0% $48 / Sq Ft
10/23/2019 10/23/19 Pending -- -- --
09/05/2019 09/05/19 For Sale $699,000 +7.5% $52 / Sq Ft
09/04/2019 09/04/19 Off Market $650,000 -- --
04/09/2019 04/09/19 For Sale $699,000 -30.1% $52 / Sq Ft
07/23/2013 07/23/13 Sold $1,000,000 0.0% $84 / Sq Ft
07/23/2013 07/23/13 Sold $1,000,000 -14.9% $84 / Sq Ft
07/17/2013 07/17/13 Pending -- -- --
06/23/2013 06/23/13 Pending -- -- --
12/28/2012 12/28/12 For Sale $1,175,000 -20.3% $99 / Sq Ft
11/15/2010 11/15/10 For Sale $1,475,000 -- $124 / 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 $27,736 $638,350 $72,870 $565,480
2023 $27,736 $638,350 $72,870 $565,480
2022 $27,736 $638,350 $72,870 $565,480
2021 $27,736 $638,350 $72,870 $565,480
2020 $32,043 $593,500 $59,700 $533,800
2019 $32,043 $593,500 $59,700 $533,800
2018 $32,269 $593,500 $59,700 $533,800
2017 $32,269 $593,500 $59,700 $533,800
2016 $32,269 $593,500 $59,700 $533,800
2015 $19,539 $463,020 $71,640 $391,380
2014 $19,539 $463,020 $71,640 $391,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170181867

SmartMLS

APN: BRID-001758-000008B