NOT LISTED FOR SALE

Estimated Value: $968,000 - $993,000

6 Beds
4 Baths
3,450 Sq Ft
$285/Sq Ft Est. Value

Last Sold July 13, 2020

Last sale price $690,000 $200 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $6,197/month

36 Days on Market

Highlights

  • Water Views
  • Attic
  • Porch
  • Beach Access
  • No HOA
  • Garden

About This Home

As of July 2020

LOCATION, LOCATION, LOCATION! Great Investment Opportunity . This multi family duplex home offers 2 side by side units with separate utilities. Each unit has hardwood through out, 3 bedrooms, 1.5 bathrooms, large eat in kitchen, living room, dining area, full basement, washer and dryer and parking! Home is in great condition and freshly painted. Near public transportation, beach, shopping, restaurants, I95 and so much more! Priced to sell, Bring all offers. Motivated seller!

Last Agent to Sell the Property

Irene Sorial

BHGRE Shore & Country License #REB.0794997 Listed on: 06/02/2020

BHGRE Shore & Country

Last Buyer's Agent

Mikhail Faifman

William Raveis Real Estate License #REB.0792137

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,529

Year Built

  • Built in 1970

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot
  • Garden

Property Views

  • Water
  • City

Home Design

  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Concrete Siding
  • Shingle Siding
  • Vinyl Siding

Interior Spaces

  • Walkup Attic

Bedrooms and Bathrooms

  • 6 Bedrooms

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • Private Driveway
  • Paved Parking
  • On-Street Parking

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Exterior Lighting
  • Rain Gutters
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,529

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Neighborhood: Cove
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2300
  • Public Record Living Room Sq Ft: 2300
  • Sq Ft Est Heated Below Grade: 1150
  • Total Sq Ft: 3450
  • Year Built: 1970
  • Remarks Public Addendum: LOCATION, LOCATION, LOCATION! Great Investment Opportunity . This multi family duplex home offers 2 side by side units with separate utilities. Each unit has hardwood through out, 3 bedrooms, 1.5 bathrooms, large eat in kitchen, living room, dining area
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3568
  • Directions: Seaside to Mathews
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Full, Partially Finished, Heated, Cooled, Storage
  • Laundry Room Location: each unit has it's own washer and dryer
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: Yes
  • Street Number Modifier: 11

Exterior Features

  • Exterior Features: Garden Area, Gutters, Lighting, Porch
  • Exterior Siding: Shingle, Vinyl Siding, Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights, View, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame, Concrete

Garage/Parking

  • Garage Parking Info: Paved, Driveway, On Street Parking
  • Driveway Type: Private

Utilities

  • Cooling System: Wall Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.1500
  • Lot Description: City Views, Water View, Level Lot
  • Zoning: R5

Multi Family

  • Unit Count: 2
  • Total Multi Family: 16
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 9529
  • Total Assessed Value: 361620
  • Mil Rate Base: 25.330
  • Mil Rate Tax District: 1.020
  • Mil Rate Total: 26.350
  • Assessor Parcel Number: 322043

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2020
Closed on
Jul 3, 2020
Sold by
Mousa Basenty
Bought by
Ig Properties Llc
Seller's Agent
Irene Sorial
BHGRE Shore & Country
Buyer's Agent
Mikhail Faifman
William Raveis Real Estate
List Price
$725,000
Sold Price
$690,000
Premium/Discount to List
-$35,000
-4.83%
Current Estimated Value
$982,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,787
Avg. Annual Appreciation
7.00%

Purchase Details

Closed on
Feb 28, 2019
Sold by
Iantorno Clorinda Est and Iantorno
Bought by
Mousa Basenty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 20, 2019
Sold by
Iantorno Joseph and Iaantorno Cherubina
Bought by
Mousa Basenty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End 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
Ig Properties Llc $690,000 None Available
Ig Properties Llc $690,000 None Available
Mousa Basenty $292,500 --
Mousa Basenty $292,500 --
Mousa Basenty $292,500 --
Mousa Basenty $292,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mousa Basenty $468,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2020 07/13/20 Sold $690,000 -4.0% $200 / Sq Ft
07/12/2020 07/12/20 Pending -- -- --
06/12/2020 06/12/20 Price Changed $719,000 -0.8% $208 / Sq Ft
06/05/2020 06/05/20 For Sale $725,000 -- $210 / 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 $11,828 $494,470 $209,110 $285,360
2024 $11,551 $494,470 $209,110 $285,360
2023 $12,332 $488,570 $209,110 $279,460
2022 $9,825 $361,620 $151,550 $210,070
2021 $9,742 $361,620 $151,550 $210,070
2020 $9,529 $361,620 $151,550 $210,070
2019 $9,529 $361,620 $151,550 $210,070
2018 $9,232 $361,620 $151,550 $210,070
2017 $7,500 $278,910 $124,210 $154,700
2016 $7,285 $278,910 $124,210 $154,700
2015 $7,093 $278,910 $124,210 $154,700
2014 $6,914 $278,910 $124,210 $154,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170301333

SmartMLS

APN: STAM-000001-000000-000661