NOT LISTED FOR SALE

Estimated Value: $844,000 - $1,141,000

5 Beds
2 Baths
2,536 Sq Ft
$387/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $817,000 $322 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,317/month

6 Days on Market

Highlights

  • Medical Services
  • Community Pool
  • Park
  • Property is near public transit
  • Jogging Path
  • 3-minute walk to North Strand Bike Path

About This Home

As of May 2024

This versatile two-family home presents an excellent opportunity for investors and first-time homebuyers alike. Featuring 2 units both having 3 bedrooms. it offers flexibility and potential rental income. Situated conveniently near transportation options, it ensures easy access for commuters. With parking space for up to 6 cars and driveways on both sides, parking is abundant and hassle-free. The property also includes a backyard for outdoor enjoyment and a ramp for enhanced accessibility. Whether seeking an investment property or a new home, this residence caters to a variety of needs.

Last Agent to Sell the Property

Mg Group

Century 21 North East Listed on: 02/21/2024

Century 21 North East

Co-Listed By

Gesiane Soares

Century 21 North East

Last Buyer's Agent

Ivelisse Medina

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,859

Year Built

  • Built in 1960

Lot Details

  • 8,054 Sq Ft Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,536 Sq Ft Home
  • Property has 1 Level
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating Available
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $2,500
  • Rent includes unit 1(hot water)
  • Assessor Parcel Number M:153 B:501 L:107,601568

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Community Pool
  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,859

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1960
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Finished, Walk-Out Access
  • Living Area: 2536
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN4339
  • LIST PRICE PER Sq Ft: 315.41
  • PRICE PER Sq Ft: 322.16
  • MAIN SO: AN4339

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Electric: Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Public School, Sidewalks
  • Rent Includes: Unit 1(Hot Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:153 B:501 L:107,601568
  • Zoning: ResB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 8054
  • Lot Size Units: Acres
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8859
  • Tax Book Number: 0

Multi Family

  • Gross Income: 30000
  • Net Operating Income: 30000
  • Number Of Units Total: 2
  • Total Actual Rent: 2500
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2012
Sold by
Ferreira Luiz C and Ferreira Bruno S
Bought by
Ferreira Luiz C
Current Estimated Value
$981,949

Purchase Details

Closed on
Oct 2, 2003
Sold by
Capillo Christine M
Bought by
Ferreira Luiz C and Ferreira Bruno S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,250
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Ferreira Luiz C -- --
Ferreira Luiz C -- --
Ferreira Luiz C $415,000 --
Ferreira Luiz C $415,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivas Manuel G $766,854
Closed Rivas Manuel G $766,854
Previous Owner Ferreira Bruno S $388,800
Previous Owner Ferreira Bruno S $97,200
Previous Owner Ferreira Luiz C $394,250
Previous Owner Capillo Christine M $200,000
Previous Owner Capillo Christine M $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $817,000 +2.1% $322 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $799,888 -- $315 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $91 $804,300 $316,800 $487,500
2024 $8,859 $757,800 $298,200 $459,600
2023 $8,332 $683,500 $270,200 $413,300
2022 $7,990 $647,000 $247,000 $400,000
2021 $7,780 $633,000 $233,000 $400,000
2020 $7,426 $587,000 $215,300 $371,700
2019 $6,991 $526,800 $205,000 $321,800
2018 $6,903 $489,900 $170,100 $319,800
2017 $6,620 $467,200 $170,100 $297,100
2016 $5,385 $355,200 $156,100 $199,100
2015 $5,262 $334,500 $148,600 $185,900
2014 $5,165 $320,800 $135,100 $185,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73202698

MLS Property Information Network (MLS PIN)

APN: MALD-000153-000501-000107