NOT LISTED FOR SALE

Estimated Value: $568,000 - $641,000

2 Beds
1 Bath
1,000 Sq Ft
$608/Sq Ft Est. Value

About This Home

This home is available to rent, but have you considered owning your own home? Let us buy you a home! (No, seriously!) With our Host to Own program, you could pay a similar monthly cost and could own a home like this outright in as little as three years. Go to www.loftium.com for more information and see all the beautiful homes for sale!

Important: This home is occupied by the current tenants. Please apply to unlock touring updates. This home isn't available to tour yet - but applying gives you immediate access when it is ready to tour! 

ABOUT LOFTIUM

Loftium is a new, affordable way to live in a beautiful home in the city you love. We offer homes with separate on-site short term rentals so you can host guests and lower your rent. Never hosted before? No worries! We furnish the unit, and provide you with the support, training, and the resources you need to be a successful host. Join over 1,000 Loftium renters who have lowered their rent by hosting!

PERKS OF RENTING WITH LOFTIUM

* Live in a single-family home in desired cities at a discounted price
* Manage the on-site short-term rental and earn additional discounts - cool, right?
* Get hospitality and hosting experience!

OVERVIEW

Welcome home! This 1928 Congress Park bungalow has been remodeled throughout for a modern feel with vintage touches. Step into the wide-open floor plan and soak it in - vintage 1920's crown molding adorns the spacious living room, along with a black wood-burning fireplace and custom hardwood mantel. Continue on the newer vinyl hardwood floors (easy to clean) into the dining room/kitchen, complete with light-and-bright quartz countertops, seashell backsplash, stainless steel appliances & custom cabinets. You’ll love the two bedrooms with a modernized full bath on the main floor. The backyard is about as cozy as it gets, with a patio cover (patio furniture included!) and several different patio/deck areas. One-car garage and two additional off-street parking spaces in the rear. Just a couple blocks from Sprouts & Trader Joe's, and just steps from the shops at Madison Square.

YOUR SPACE 

Entire main level | 2 bedrooms | 1 bath | Private full kitchen | Entrance: front door

GUEST SPACE

Entire lower level | 2 bedrooms | 1 bath | Entrance: back door | Separation from Renter's unit: door & stairs (separate floor) |  Comes completely furnished and decorated - ready to take bookings immediately. Check out other host Airbnb listings here (https://www.airbnb.com/users/show/229095817) !

AMENITIES

Garage parking | Washer/dryer (in guest space, easily accessible) | Heating

RESPONSIBILITIES OF HOSTING

* Communicate with guests. You're responsible for communicating with guests before, during and after their stay, answering any outstanding questions, recommending activities, and generally being a friendly resource. We help take care of the basics with an automated messaging tool to help minimize the back and forth.
* Manage the cleaning between guests. Turnover the guest space after each guest checks out - some of our renters choose to hire a cleaner with the money they save from their discounted rent!
* Make your listing stand out and personable

LEASE TERMS

Pet policy: Pets allowed with $300 non-refundable deposit per pet | What’s due at lease signing? (https://help.loftium.com/hc/en-us/articles/4403966171668-What-s-due-at-lease-signing-)   |  Wifi and internet is a tenant responsibility | Have more questions? Check out our FAQs (https://help.loftium.com/) !

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2012
Sold by
Walsh Family Trust
Bought by
Lyman Noah and Lyman Shih Yun
Current Estimated Value
$608,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Outstanding Balance
$135,103
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$472,970

Purchase Details

Closed on
Aug 19, 2004
Sold by
Stagner Barden B
Bought by
Walsh Family Trust

Purchase Details

Closed on
Apr 30, 2002
Sold by
Johnson Charles Matthew and Johnson Kimberley
Bought by
Stagner Barden B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,311
Interest Rate
6.96%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 5, 2001
Sold by
Johnson Charles Matthew
Bought by
Johnson Charles Matthew and Johnson Kimberley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,400
Interest Rate
6.87%

Purchase Details

Closed on
Feb 28, 1997
Sold by
Cawood Frank J and Cawood Elizabeth J
Bought by
Johnson Charles Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.88%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Lyman Noah $209,400 Guardian Title
Walsh Family Trust $210,654 Guardian Title Agency Llc
Stagner Barden B $193,000 --
Johnson Charles Matthew -- --
Johnson Charles Matthew $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lyman Noah $195,000
Previous Owner Stagner Barden B $190,311
Previous Owner Johnson Charles Matthew $138,400
Previous Owner Johnson Charles Matthew $85,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2022 06/07/22 For Rent $3,495 0.0% --
05/17/2022 05/17/22 For Rent $3,495 -- --

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 $2,898 $36,590 $24,190 $12,400
2023 $2,835 $36,590 $24,190 $12,400
2022 $2,521 $31,700 $17,670 $14,030
2021 $2,433 $32,610 $18,180 $14,430
2020 $2,099 $28,290 $16,530 $11,760
2019 $2,040 $28,290 $16,530 $11,760
2018 $2,015 $26,040 $14,980 $11,060
2017 $2,009 $26,040 $14,980 $11,060
2016 $1,827 $22,410 $14,718 $7,692
2015 $1,751 $22,410 $14,718 $7,692
2014 $1,434 $17,270 $10,706 $6,564
Source: Public Records

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