NOT LISTED FOR SALE

Estimated Value: $467,000 - $597,000

7 Beds
3 Baths
5,670 Sq Ft
$95/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $371,000 $65 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,407/month

28 Days on Market

Highlights

  • Golf Course Community
  • Corner Lot
  • Bathtub with Shower
  • Wood Flooring
  • Tennis Courts
  • Laundry Room

About This Home

As of May 2021

Here's your chance to invest like a pro with this dynamic 3-family property. A total of 7 bedrooms are offered in this versatile multifamily. Each unit includes one full bathroom. Two units offer three bedrooms and abundant space. The third unit has been fully updated and features new flooring, recessed lighting, updated appliances, and a separate entrance. This unit also has a separate dining room, as well as an extra room that could be used as a bedroom or office A combination of hardwood flooring, laminate, and carpeting runs throughout this property. Each unit offers spacious eat-in kitchens and generous living rooms. The bedrooms are also pleasantly sized and can easily be converted into home offices. With a high-efficiency Navien heating system, this property offers tenants heat and hot water included within their rents. The basement offers 2 sets of coin-operated laundry machines. This home sits on a fenced-in corner lot with a spacious yard. One corner leads to a dead-end street for additional parking opportunities. Located close to the Lincoln town line, easy highway access to 95, 295, and 146, this location offers tenants everyday flexibility. This is a unique opportunity not to be overlooked.

Last Agent to Sell the Property

Spectrum Real Estate Consultants T

Keller Williams Leading Edge Listed on: 03/09/2021

Keller Williams Leading Edge

Last Buyer's Agent

Prem Prop RI Team

Premier Properties RI

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,149

Year Built

  • Built in 1952

Lot Details

  • 4,792 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Wood Siding
  • Shingle Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 5,670 Sq Ft Home
  • 2-Story Property
  • Utility Room
  • Laundry Room

Kitchen

  • Oven
  • Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 6 Parking Spaces
  • No Garage

Location

  • Property near a hospital

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Cable TV Available

Listing and Financial Details

  • The owner pays for hot water
  • Tax Lot 42
  • Assessor Parcel Number 1191LOGEESTWOON

Community Details

Overview

  • 3 Units
  • Bernon Subdivision

Amenities

  • Shops
  • Public Transportation

Recreation

  • Golf Course Community
  • Tennis Courts
  • Recreation Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,149

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.11
  • Subdivision Name: Bernon
  • Above Grade Finished Sq Ft: 5670.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oven, Range, Refrigerator
  • Owner Pays: Hot Water
  • Has Basement: Exterior Entry, Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Hardwood, Vinyl, Carpet
  • Interior Amenities: Tub Shower, Cable TV
  • Dining Room Type: Laundry, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Construction Type: Drywall, Plaster, Shingle Siding, Wood Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Connected, Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Near Hospital, Near Schools, Public Transportation, Recreation Area, Shopping, Tennis Court(s), Sidewalks
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 4792.0
  • Parcel #: 1191LOGEESTWOON
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4149.0
  • Tax Lot: 42
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
May 6, 2021
Sold by
Colony Properties Llc
Bought by
Gervasio Travis M
Seller's Agent
Spectrum Real Estate Consultants T
Keller Williams Leading Edge
Buyer's Agent
Prem Prop RI Team
Premier Properties RI
List Price
$339,900
Sold Price
$371,000
Premium/Discount to List
$31,100
9.15%
Total Days on Market
28
Current Estimated Value
$535,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,840
Avg. Annual Appreciation
10.01%
Original Mortgage
$364,280
Outstanding Balance
$334,997
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$213,107

Purchase Details

Listed on
Jul 23, 2015
Closed on
Oct 28, 2015
Sold by
Department Of Housing & Urban Dev
Bought by
Allyn Alyssa
Seller's Agent
Michael Duggan
Bostonia Properties
Buyer's Agent
Spectrum Real Estate Consultants T
Keller Williams Leading Edge
List Price
$62,500
Sold Price
$65,000
Premium/Discount to List
$2,500
4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.02%

Purchase Details

Closed on
Dec 10, 2013
Sold by
Department Of Housing & Urban Dev
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 31, 2013
Sold by
Wells Fargo Bank Na
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Sep 9, 2013
Sold by
Lesperance Crystal
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 30, 2007
Sold by
Sa Maria C
Bought by
Georges Helder J and Lesperance Crystal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,121
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2004
Sold by
Gross Lillian M
Bought by
Sa Maria C and Sa Anabela R
Source: Public Records

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Range of Values:

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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
Gervasio Travis M $371,000 None Available
Gervasio Travis M $371,000 None Available
Allyn Alyssa $65,000 --
Allyn Alyssa $65,000 --
Wells Fargo Bank Na -- --
Wells Fargo Bank Na -- --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Wells Fargo Bank Na $99,180 --
Wells Fargo Bank Na $99,180 --
Georges Helder J $303,500 --
Georges Helder J $303,500 --
Sa Maria C $295,000 --
Sa Maria C $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gervasio Travis M $364,280
Closed Gervasio Travis M $364,280
Previous Owner Colony Properties Llc $700,000
Previous Owner Colony Properties Llc $10,000
Previous Owner Gross Lillian M $301,121
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $371,000 +9.1% $65 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $339,900 0.0% $60 / Sq Ft
03/28/2016 03/28/16 Rented $1,150 0.0% --
02/27/2016 02/27/16 Under Contract -- -- --
01/18/2016 01/18/16 For Rent $1,150 0.0% --
10/27/2015 10/27/15 Sold $65,000 +4.0% $22 / Sq Ft
09/27/2015 09/27/15 Pending -- -- --
07/23/2015 07/23/15 For Sale $62,500 -- $21 / Sq Ft
Source: State-Wide MLS

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 $4,915 $338,000 $92,200 $245,800
2023 $4,725 $338,000 $92,200 $245,800
2022 $4,725 $338,000 $92,200 $245,800
2021 $4,092 $172,300 $55,900 $116,400
2020 $4,135 $172,300 $55,900 $116,400
2018 $4,149 $172,300 $55,900 $116,400
2017 $4,449 $147,800 $45,300 $102,500
2016 $4,706 $147,800 $45,300 $102,500
2015 $5,407 $147,800 $45,300 $102,500
2014 $5,204 $144,800 $49,800 $95,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1277023

State-Wide MLS

APN: WOON-000030A-000042-000010