NOT LISTED FOR SALE

Estimated Value: $475,000 - $600,000

6 Beds
3 Baths
2,100 Sq Ft
$254/Sq Ft Est. Value

Last Sold October 02, 2013

Last sale price $228,000 $109 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $3,276/month

35 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Level Lot
  • Carpet

About This Home

As of October 2013

Great duplex located in high demand rental area. Well maintained. Both units 3 bedroom 1.5 bath. Townhouse style with garage. Excellent tenants with good rental history.

Last Listed By

Gene Raffanti

Eugene Raffanti, Broker License #00830817 Listed on: 07/24/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,344

Year Built

  • 1972

Lot Details

  • Level Lot

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • 2-Story Property
  • Laundry in Garage

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $21,000
  • The owner pays for garbage, water
  • Month-to-Month Lease Term

Community Details

Overview

  • 2,100 Sq Ft Building

Building Details

  • Insurance Expense $1,100
  • Manager Expense $1,200
  • Trash Expense $627
  • Operating Expense $7,678
  • Gross Income $21,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,344

Year Built

1972

Lot Details

0

Listing Details

  • Zoning: UR1
  • Subclass: Duplex
  • Age: 41
  • Inspections Reports: Fault Zone, Geological/Flood, Flood Zone
  • Sale Price Per Sq Ft: 108.57
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 2
  • Min Numberof Unitsin Complex: 2
  • Structure Sq Ft: 2100
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1972

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal
  • Living Sq Ft: 2100
  • Stories: 2
  • Laundry: 220 Volt Outlet, In Garage, Laundry Area - In Unit
  • Flooring: Carpet - Wall To Wall, Vinyl / Linoleum, Carpet

Exterior Features

  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Spaces Per Unit - 1

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4510.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 4510.00
  • Lot Size Area Min Search: 4510.00
  • Maximum Lot Size: 4510.00

Rental Info

  • Existing Lease Term(s): Month To Month, More Than 1 Yr
  • Gross Rent Multiplier: 10.95

Multi Family

  • Expense Insurance: 1100
  • Expense Management: 1200
  • Expenses Total: 7678
  • Expense Trash: 627
  • Expense Water Sewer: 2777
  • Income Annual Gross: 21000.00
  • Income Annual Rental: 21000
  • Income Gross Scheduled: 21000
  • Income Includes: Lease
  • Maximum Building Height: 2
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Utilities - Water, Insurance, Maintenance - Repair, Fee - Property Management, Fee - Property Tax
  • Owner Pays: Garbage, Water
  • Tenant Expenses: Utilities - Heating, Cable Tv, Utilities - Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2013
Closed on
Sep 27, 2013
Sold by
Gnp Investments Llc
Bought by
Kaffl Asres and Asres Kaffl Living Trust
Seller's Agent
Gene Raffanti
Eugene Raffanti, Broker
List Price
$229,888
Sold Price
$228,000
Premium/Discount to List
-$1,888
-0.82%
Total Days on Market
35
Current Estimated Value
$533,872

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,872
Avg. Annual Appreciation
8.11%
Original Mortgage
$171,000
Outstanding Balance
$132,223
Interest Rate
4.57%
Mortgage Type
New Conventional
Estimated Equity
$434,605

Purchase Details

Closed on
Nov 20, 2006
Sold by
Marcinkowski Family Lp
Bought by
Gnp Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,280
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2003
Sold by
Marcinkowski Barbara and Marcinkowski Katherine
Bought by
Marcinkowski Family Lp Ii

Purchase Details

Closed on
Sep 11, 2002
Sold by
Marcindowski Miroslaw
Bought by
Marcinkowski Family Lp Ii

Purchase Details

Closed on
Aug 30, 2002
Sold by
Marcinkowski Joanna
Bought by
Marcinkowski Family Lp Ii

Purchase Details

Closed on
Jul 1, 2002
Sold by
Marcinkowski Family Ltd Partnership
Bought by
Marcinkowski Miroslaw and Marcinkowski Joanna

Purchase Details

Closed on
Dec 19, 1995
Sold by
Marcinkowski Boguslaw J and Marcinkowski Barbara
Bought by
The Marcinkowski Family Ltd Partnership
Source: Public Records

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Range of Values:

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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
Kaffl Asres $228,000 Old Republic Title Company
Gnp Investments Llc $460,000 Financial Title Company
Marcinkowski Family Lp Ii $73,500 --
Marcinkowski Family Lp Ii $73,500 --
Marcinkowski Family Lp Ii $73,500 --
Marcinkowski Miroslaw $231,000 --
The Marcinkowski Family Ltd Partnership -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaffl Asres $171,000
Previous Owner Gnp Investments Llc $460,280
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2013 10/02/13 Sold $228,000 -0.8% $109 / Sq Ft
08/28/2013 08/28/13 Pending -- -- --
07/24/2013 07/24/13 For Sale $229,888 -- $109 / Sq Ft
Source: MLSListings

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 $3,344 $274,007 $60,087 $213,920
2023 $3,278 $268,635 $58,909 $209,726
2022 $3,236 $263,368 $57,754 $205,614
2021 $3,174 $258,205 $56,622 $201,583
2020 $3,153 $255,559 $56,042 $199,517
2019 $3,103 $250,549 $54,944 $195,605
2018 $3,024 $245,637 $53,867 $191,770
2017 $2,948 $240,821 $52,811 $188,010
2016 $2,893 $236,100 $51,776 $184,324
2015 $2,734 $232,555 $50,999 $181,556
2014 $2,913 $228,000 $50,000 $178,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81326915

MLSListings

APN: 077-0181-023