NOT LISTED FOR SALE

Estimated Value: $591,845 - $631,000

3 Beds
3 Baths
1,410 Sq Ft
$433/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $580,000 $411 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,087/month

29 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • Heating System Uses Steam
  • Leaded Glass Windows
  • Baseboard Heating

About This Home

As of May 2024

Recently renovated multi-family residence featuring a finished basement with a full bath and a generously sized yard. The 1st unit offers a modern kitchen, family room, 2 bedrooms, and 2 full baths, with access to the finished basement, spacious yard, and driveway. The 2nd unit includes an eat-in kitchen, family room, bedroom, bath, and a large loft space perfect for an additional bedroom. This property is an excellent investment for your real estate portfolio. Schedule your tour today to explore the endless possibilities.

Last Agent to Sell the Property

Joseph Guerriero

Keller Williams by the Bay License #2079479 Listed on: 01/18/2024

Keller Williams by the Bay

Last Buyer's Agent

Cynthia Bettenhausen

Keller Williams Realty Ocean Living License #1974987

Keller Williams Realty Ocean Living

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,147

Year Built

  • Built in 1927

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 37 x 100

Home Design

  • Duplex
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,410 Sq Ft Home
  • 2-Story Property
  • Leaded Glass Windows
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Stove

Flooring

  • Wood
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Parking Spaces
  • Paved Parking

Utilities

  • Cooling Available
  • Baseboard Heating
  • Heating System Uses Steam
  • Natural Gas Water Heater

Listing and Financial Details

  • The owner pays for water, gas, electricity
  • Assessor Parcel Number 02-00009-12-00010

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $39,000
  • Net Operating Income $26,537

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,147

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Subdivision Name: None
  • Reso Flooring: Wood, Vinyl, Ceramic Tile
  • Year Built: 1927
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 37 x 100
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • Floors Ceramic Tile: Yes
  • Floors Vinyl3: Yes
  • Floors Wood: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Parking Spaces: 4.0
  • Income Expenses Gross Income2: 39000.0
  • Income Expenses Net Income: 26537.0
  • Unit 1 Gas Stove: Yes
  • Unit 2 Gas Stove2: Yes
  • Exterior Lead Glass Window2: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Full, Tenant Acc
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Stories: 2
  • Basement Finished: Yes
  • Full Basement: Yes

Exterior Features

  • Roof: Shingle
  • Acres: 0.08
  • Waterfront: No
  • Exclusions: Personal property
  • Exterior Features: Lead Glass Window
  • Construction:Siding - Vinyl: Yes

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved
  • Total Parking Spaces: 4.0
  • General Property Info:Garage: No
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Baseboard: Yes
  • Heating:Steam: Yes

Lot Info

  • Lot Dimensions: 37 x 100
  • Lot Size Sq Ft: 3484.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 02-00009-12-00010
  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Gas, Electricity

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9147.0
  • Tax Other Annual Assessment Amount: 160200.0

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 39000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Apr 18, 2024
Sold by
Molina Kevin
Bought by
Owda Fekri and Abdelrazeq Mohamed A
Seller's Agent
Joseph Guerriero
Keller Williams by the Bay
Buyer's Agent
Cynthia Bettenhausen
Keller Williams Realty Ocean Living
List Price
$590,000
Sold Price
$580,000
Premium/Discount to List
-$10,000
-1.69%
Views
233
Current Estimated Value
$599,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,784
Avg. Annual Appreciation
2.79%
Original Mortgage
$459,000
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 23, 2019
Closed on
Jul 17, 2019
Sold by
Alvarado Brigida C
Bought by
Molina Kevin
Seller's Agent
Rosa 'Adriana' Vinciguerra
COLDWELL BANKER REALTY
Buyer's Agent
LUANN JONES
WEICHERT REALTORS
List Price
$365,000
Sold Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.06%
Original Mortgage
$337,810
Interest Rate
3.8%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 1997
Sold by
Kida Frank
Bought by
Alvarado William and Brigida Alvarado

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
7.77%
Mortgage Type
FHA
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
Owda Fekri $580,000 Sunnyside Title
Molina Kevin $365,000 Evident Title Agency Inc
Alvarado William $146,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Owda Fekri $459,000
Previous Owner Molina Kevin $402,500
Previous Owner Molina Kevin $337,810
Previous Owner Alvarado Brigida $202,000
Previous Owner Alvarado William $145,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2024 05/14/24 Sold $580,000 -1.7% $411 / Sq Ft
02/16/2024 02/16/24 Pending -- -- --
01/18/2024 01/18/24 For Sale $590,000 +61.6% $418 / Sq Ft
07/18/2019 07/18/19 Sold $365,000 0.0% --
04/19/2019 04/19/19 Pending -- -- --
03/23/2019 03/23/19 For Sale $365,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $9,282 $160,200 $72,200 $88,000
2023 $9,147 $160,200 $72,200 $88,000
2022 $9,147 $160,200 $72,200 $88,000
2021 $8,771 $160,200 $72,200 $88,000
2020 $8,800 $160,200 $72,200 $88,000
2019 $8,486 $155,600 $72,200 $83,400
2018 $8,438 $155,600 $72,200 $83,400
2017 $8,346 $155,600 $72,200 $83,400
2016 $8,185 $155,600 $72,200 $83,400
2015 $8,105 $155,600 $72,200 $83,400
2014 $7,939 $155,600 $72,200 $83,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22401577

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 02-00009-12-00010