NOT LISTED FOR SALE

Estimated Value: $480,000 - $801,983

5 Beds
3 Baths
1,860 Sq Ft
$369/Sq Ft Est. Value

Last Sold April 27, 2016

Last sale price $390,000 $210 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,585/month

219 Days on Market

Highlights

  • Public Water Access
  • Hot Water Circulator
  • Hot Water Heating System
  • Porch
  • Ceiling Fan
  • Level Lot

About This Home

As of April 2016

Good condition 2 Family House & Cottage (non-conforming 3 Family) at end of a dead end street in the Cove. Full basement with common laundry. Close to Cove Island Park and beach. Short Sale, to be sold "as is".

Last Agent to Sell the Property

Herb Mehlman

William Raveis Real Estate License #REB.0458327 Listed on: 09/21/2015

William Raveis Real Estate

Last Buyer's Agent

Steven Scott

Keller Williams Prestige Prop. License #RES.0759258

Keller Williams Prestige Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,562

Year Built

  • Built in 1945

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 1,860 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Storage

Parking

  • Paved Parking
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Public Water Access
  • Walking Distance to Water
  • Porch

Schools

  • K.T. Murphy Elementary School
  • Turn Of River Middle School
  • Westhill High School

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,562

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Neighborhood: Cove
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: Yes
  • Sq Ft Est Heated Above Grade: 1860
  • Total Sq Ft: 1860
  • Year Built: 1945
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Cove Rd to Hobbie St. right on Palmer Ave.
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full, Storage, Sump Pump, Unfinished
  • Attic: No
  • Street Number Modifier: 104

Exterior Features

  • Exterior Features: Porch
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water, Water Community
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking, On Street Parking, Paved

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Hot Water
  • Heat Fuel Type: Electric, Natural Gas, Oil
  • Fuel Tank Location: In Basement
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: K.T. Murphy
  • Middle School: Turn of River
  • High School: Westhill

Lot Info

  • Acres: 0.1200
  • Lot Description: Level Lot, Fence - Partial
  • Zoning: R5

Multi Family

  • Unit Count: 3
  • Total Multi Family: 11
  • Total Num Of Units: 3
  • Total Unit Count: 3

Tax Info

  • Tax Year: July 2015-June 2016
  • Property Tax: 6562
  • Total Assessed Value: 258030
  • Mil Rate Total: 25.430
  • Assessor Parcel Number: 329421

MLS Schools

  • Elementary School: K.T. Murphy
  • Middle Jr High School: Turn of River
  • High School: Westhill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2015
Closed on
Apr 28, 2016
Sold by
Charlie Rock Partners
Bought by
Parruccini Elaine F
Seller's Agent
Herb Mehlman
William Raveis Real Estate
Buyer's Agent
Steven Scott
Keller Williams Prestige Prop.
List Price
$499,000
Sold Price
$390,000
Premium/Discount to List
-$109,000
-21.84%
Current Estimated Value
$686,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,246
Avg. Annual Appreciation
6.07%
Original Mortgage
$273,000
Outstanding Balance
$219,079
Interest Rate
3.66%
Mortgage Type
Unknown
Estimated Equity
$457,381

Purchase Details

Closed on
Jan 19, 2006
Sold by
Blue Water Prop Llc
Bought by
Odell Dane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2005
Sold by
2 Rsb Landholdin Mgmt
Bought by
Bardy Carl and Mazzaro Danielle M

Purchase Details

Closed on
Jan 12, 2005
Sold by
Rennie Neil and Rennie Barbara
Bought by
Basile Richard
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
Parruccini Elaine F $390,000 --
Parruccini Elaine F $390,000 --
Odell Dane $625,000 --
Odell Dane $625,000 --
Bardy Carl $625,000 --
Bardy Carl $625,000 --
Basile Richard $465,000 --
Basile Richard $465,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parruccini Elaine F $273,000
Previous Owner Basile Richard $500,000
Previous Owner Basile Richard $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2016 04/27/16 Sold $390,000 -21.8% $210 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
09/21/2015 09/21/15 For Sale $499,000 -- $268 / 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
2025 $10,152 $424,420 $193,030 $231,390
2024 $9,914 $424,420 $193,030 $231,390
2023 $10,712 $424,420 $193,030 $231,390
2022 $8,689 $319,810 $139,870 $179,940
2021 $8,616 $319,810 $139,870 $179,940
2020 $8,427 $319,810 $139,870 $179,940
2019 $8,427 $319,810 $139,870 $179,940
2018 $8,165 $319,810 $139,870 $179,940
2017 $6,938 $258,030 $114,650 $143,380
2016 $6,740 $258,030 $114,650 $143,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99116162

SmartMLS

APN: STAM-000001-000000-008963