NOT LISTED FOR SALE

Estimated Value: $429,198 - $509,000

7 Beds
3 Baths
2,537 Sq Ft
$186/Sq Ft Est. Value

Last Sold March 12, 2018

Last sale price $225,000 $89 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $2,909/month

66 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Property near a hospital
  • Tennis Courts
  • Public Transportation
  • Baseboard Heating

About This Home

As of March 2018

This IDEAL investment property is a newly renovated 3 family INVESTORS DREAM. Each unit offer pristine new or refinished hardwoods, entirely freshly painted, 3 NEW kitchens, 3 NEW baths and NEW windows. 2 Car garage, small fenced yard, and off street parking. 1st and 2nd floor are currently occupied with great tenants (monthly leases), and 3rd floor is vacant and ready for occupancy or leasing. BONUS- 3 all new heating systems, 3 new hot water tanks, and all new electrical with 4 meters. Tenants pay utilities. This turnkey investment won't last long! Profit and Loss statement attached.

Last Agent to Sell the Property

David DeCristo

The Portfolio Properties License #RES.0031099 Listed on: 12/05/2017

Last Buyer's Agent

Lori Poirier

Coldwell Banker Realty License #RES.0041177

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,672

Year Built

  • Built in 1900

Lot Details

  • 5,615 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Clapboard

Interior Spaces

  • 2,537 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for hot water
  • Tax Lot 274
  • Assessor Parcel Number 102PROVIDENCESTWOON

Community Details

Overview

  • 2 Buildings
  • 4 Units

Recreation

  • Tennis Courts

Additional Features

  • Public Transportation
  • Operating Expense $10,977

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,672

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.13
  • Above Grade Finished Sq Ft: 2537.0
  • Garage Yn: Yes
  • New Construction: No
  • Structure Type: Apartment
  • Year Built: 1900
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Gas Water Heater, Water Heater
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace: No
  • Flooring: Hardwood, Vinyl
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Construction Type: Clapboard

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 7.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Highway Access, Near Hospital, Near Schools, Public Transportation, Tennis Court(s)
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 5615.0
  • Parcel #: 102PROVIDENCESTWOON
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Hot Water

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 10977.0

Tax Info

  • Tax Annual Amount: 3672.0
  • Tax Lot: 274
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2017
Closed on
Mar 9, 2018
Sold by
Lenahan Wayne
Bought by
Brooks Francis T and Brooks Kelly A
Seller's Agent
David DeCristo
The Portfolio Properties
Buyer's Agent
Lori Poirier
Coldwell Banker Realty
List Price
$259,000
Sold Price
$225,000
Premium/Discount to List
-$34,000
-13.13%
Current Estimated Value
$472,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,050
Avg. Annual Appreciation
10.10%
Original Mortgage
$168,750
Outstanding Balance
$143,162
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$328,888

Purchase Details

Listed on
Jul 22, 2015
Closed on
Jan 20, 2016
Sold by
Vjd Realty Llc
Bought by
Lenahan Wayne
Seller's Agent
Jason Smith
JDS Realty Group
Buyer's Agent
Katelyn Decristo
List Price
$44,000
Sold Price
$45,000
Premium/Discount to List
$1,000
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
112.14%
Original Mortgage
$92,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2015
Sold by
Vien Richard R
Bought by
Us Bank Na Tr

Purchase Details

Closed on
Dec 8, 2014
Sold by
Vien Richard
Bought by
Us Bank Na

Purchase Details

Closed on
May 1, 2006
Sold by
Ficca Anthony P and Ficca Dolores L
Bought by
Vien Richard R
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
Brooks Francis T $225,000 --
Brooks Francis T $225,000 --
Lenahan Wayne $55,000 --
Lenahan Wayne $55,000 --
Vjd Realty Llc $45,000 --
Us Bank Na Tr $50,998 --
Us Bank Na Tr $50,998 --
Us Bank Na $50,984 --
Us Bank Na $50,984 --
Vien Richard R $270,000 --
Vien Richard R $270,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brooks Francis T $168,750
Closed Vien Richard R $168,750
Previous Owner Lenahan Wayne $92,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2018 03/12/18 Sold $225,000 -13.1% $89 / Sq Ft
02/10/2018 02/10/18 Pending -- -- --
12/05/2017 12/05/17 For Sale $259,000 +475.6% $102 / Sq Ft
01/20/2016 01/20/16 Sold $45,000 +2.3% $18 / Sq Ft View Prior Sale
12/21/2015 12/21/15 Pending -- -- --
07/27/2015 07/27/15 For Sale $44,000 -- $17 / Sq Ft
Source: State-Wide MLS

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 $5,092 $453,400 $88,700 $364,700
2024 $4,035 $277,500 $90,300 $187,200
2023 $3,879 $277,500 $90,300 $187,200
2022 $3,879 $277,500 $90,300 $187,200
2021 $3,506 $147,600 $36,400 $111,200
2020 $3,542 $147,600 $36,400 $111,200
2018 $3,554 $147,600 $36,400 $111,200
2017 $3,672 $122,000 $40,300 $81,700
2016 $3,884 $122,000 $40,300 $81,700
2015 $4,463 $122,000 $40,300 $81,700
2014 $4,327 $120,400 $44,400 $76,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1178912

State-Wide MLS

APN: WOON-000010B-000274-000017