NOT LISTED FOR SALE

Estimated Value: $695,978 - $847,000

7 Beds
3 Baths
2,905 Sq Ft
$268/Sq Ft Est. Value

Last Sold September 27, 2018

Last sale price $495,000 $170 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,929/month

105 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Porch
  • Brien Mcmahon High School Rated A-
  • No HOA
  • Public Transportation

About This Home

As of September 2018

Great opportunity to own an investment property in a very convenient location. The house is in great condition and currently being rented under market value. All leases are month to month and second floor to be available for new tenant in approximately 30 - 45 days. Updates include: all new windows, new leaf guard gutters, newer gas utilities, new electrical services, newer kitchens and baths. The massive parking lot in the back can accommodate 12 cars or more!!

Last Agent to Sell the Property

Ken Banks

William Raveis Real Estate License #RES.0771227 Listed on: 06/14/2018

William Raveis Real Estate

Last Buyer's Agent

Waldde Valdez

Waldde Realty Group License #REB.0792416

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,372

Year Built

  • Built in 1890

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Home Design

  • 2,905 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 10 Car Garage
  • Parking Deck
  • Shared Driveway
  • Parking Lot

Outdoor Features

  • Deck
  • Porch

Schools

  • Jefferson Elementary School
  • Ponus Ridge Middle School
  • Brien Mcmahon High School

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Additional Features

  • Multiple Entries or Exits
  • Property is near public transit

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,372

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2905
  • Public Record Living Room Sq Ft: 2905
  • Total Sq Ft: 2905
  • Year Built: 1890
  • Nearby Amenities: Private School(s), Public Rec Facilities, Public Transportation
  • Property Sub Type: 2 Family
  • Handicap Features: Multiple Entries/Exits
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4200
  • Directions: Van Buren to Grandview.
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full With Hatchway, Shared Basement
  • Laundry Room Info: Common Laundry Area, Hook-Up In Unit 1
  • Attic: No

Exterior Features

  • Exterior Features: Deck, Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Parking Lot
  • Garages Number: 10
  • Driveway Type: Shared, Paved

Utilities

  • Heat Type: Gas on Gas
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Lot Info

  • Acres: 0.1800
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: C

Multi Family

  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 5372
  • Mil Rate Base: 23.310
  • Mil Rate Tax District: 2.372
  • Assessor Parcel Number: 230589

MLS Schools

  • Elementary School: Jefferson
  • Middle Jr High School: Ponus Ridge
  • High School: Brien McMahon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2018
Closed on
Sep 26, 2018
Sold by
Kathrakis George and Kathrakis Toula
Bought by
Lopez Fredy
Seller's Agent
Ken Banks
William Raveis Real Estate
Buyer's Agent
Waldde Valdez
Waldde Realty Group
List Price
$489,000
Sold Price
$495,000
Premium/Discount to List
$6,000
1.23%
Current Estimated Value
$777,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,745
Avg. Annual Appreciation
6.49%
Original Mortgage
$486,034
Outstanding Balance
$420,657
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$357,088

Purchase Details

Closed on
Mar 14, 2003
Sold by
Kyriakidis Sofia
Bought by
Kathrakis George and Kathrakis Toula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
5.94%
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
Lopez Fredy $495,000 --
Lopez Fredy $495,000 --
Kathrakis George $375,000 --
Kathrakis George $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kathrakis George $486,034
Closed Kathrakis George $486,034
Previous Owner Kathrakis George $215,000
Previous Owner Kathrakis George $304,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2018 09/27/18 Sold $495,000 +1.2% $170 / Sq Ft
06/14/2018 06/14/18 For Sale $489,000 -- $168 / 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 $10,010 $418,810 $149,510 $269,300
2024 $9,861 $418,810 $149,510 $269,300
2023 $6,885 $274,460 $109,630 $164,830
2022 $6,737 $274,460 $109,630 $164,830
2021 $6,579 $274,460 $109,630 $164,830
2020 $6,575 $274,460 $109,630 $164,830
2019 $6,399 $274,460 $109,630 $164,830
2018 $5,565 $209,170 $113,790 $95,380
2017 $5,372 $209,170 $113,790 $95,380
2016 $5,321 $209,170 $113,790 $95,380
2015 $5,307 $209,170 $113,790 $95,380
2014 $5,238 $209,170 $113,790 $95,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170095617

SmartMLS

APN: NORW-000001-000042-000007