NOT LISTED FOR SALE

Estimated Value: $677,871

16 Beds
8 Baths
9,068 Sq Ft
$75/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $500,000 $55 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,711/month

14 Days on Market

About This Home

As of April 2021

9 unit, mixed use, downtown building with extensive renovations including hardy board / vinyl exterior, new windows and doors, newer asphalt/fiberglass/rubber roofs, plumbing and utilities. 8 separately metered residential apartments with all natural gas utilities and first floor, glass-fronted retail space which needs some finish work. 9068 square feet with 29 total rooms including 16 bedrooms and 8 full baths. Public water and sewer. Attached deed restrictions apply through 2026 along with yearly monitor to make sure the property is in compliance. First showings are 12-1 on Friday, November 27th, 2020. Final and best Offers are due by 5pm on Saturday 11/28.

Last Agent to Sell the Property

Nicholas Helgesen

Better Living Real Estate, LLC Listed on: 11/20/2020

Last Buyer's Agent

Kristen Gomes

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • 1910

Lot Details

  • 3,920

Additional Features

  • Property has 1 Level
  • 8 Heating Zones

Property Details

Home Type

Multi-Family

Year Built

1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • Directions: GPS
  • Garage Yn: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1910

Interior Features

  • Appliances: Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections Varies per Unit
  • Has Basement: Unfinished
  • Total Bathrooms: 8
  • MAIN LO: AC1854
  • LIST PRICE PER Sq Ft: 44.09
  • PRICE PER Sq Ft: 55.14
  • MAIN SO: AC0342
  • Full Bathrooms: 8
  • Total Bedrooms: 16
  • Door Features: Insulated Doors
  • Fireplace: No
  • Flooring: Wood,Tile,Carpet,Varies Per Unit,Hardwood, Hardwood Floors, Stone/Ceramic Tile Floor
  • Interior Amenities: Bathroom With Tub & Shower, Other, Other (See Remarks)
  • Stories: 11
  • Window Features: Insulated Windows, Screens

Exterior Features

  • Roof: Shingle, Rubber
  • Exterior Features: Rain Gutters
  • Foundation Details: Concrete Perimeter
  • Property Condition: Updated/Remodeled
  • View: City View(s)
  • Construction Type: Frame
  • Disclosures: 1st Showings Are 12-1 Fri, Nov 27th, 2020. Final & Best Offers Due 5pm 11/28.
  • Home Warranty: No
  • Lot Features: Corner Lot, Cleared, Level
  • Waterfront Features: Beach Front, Bay, Ocean, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Open Parking: Yes

Utilities

  • Cooling: None
  • Heating: Central,Natural Gas
  • HEAT ZONES: 8
  • COOLING ZONES: 0
  • Cooling Y N: No
  • Electric: Circuit Breakers, Individually Metered
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, Varies per Unit
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, Sidewalks
  • Senior Community: No

Lot Info

  • LOT SIZE: 3881
  • PAGE: 163
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 3920.399999
  • Zoning: MUB

Multi Family

  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 2
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 2
  • Annual Gross Income: 58200
  • Property Net Operating Income: 66154
  • Number Of Units Total: 9
  • Annual Operating Expense: 16538
  • Total Actual Rent: 4000

Tax Info

  • Tax Annual Amount: 5982.43
  • Tax Book Number: 12773
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 7, 2011
Sold by
Hsbc Bank Usa Na
Bought by
Resource For Community
Current Estimated Value
$677,871

Purchase Details

Closed on
Jan 27, 2010
Sold by
Walker 3Rd Carl S and Hsbc Bank Usa
Bought by
Hsbc Bank Usa

Purchase Details

Closed on
Jul 11, 2002
Sold by
Witkowicz Francis T and Walker Carl S
Bought by
Walker Carl S
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
Resource For Community $158,400 --
Resource For Community $158,400 --
Hsbc Bank Usa $330,150 --
Hsbc Bank Usa $330,150 --
Walker Carl S $50,000 --
Walker Carl S $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 124 South Sixth St Llc $375,000
Closed 124 South Sixth St Llc $375,000
Closed 122 S 6Th Street Llc $318,900
Open Walker Carl S $972,000
Previous Owner Walker Carl S $318,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $500,000 +25.0% $55 / Sq Ft
12/04/2020 12/04/20 Pending -- -- --
11/20/2020 11/20/20 For Sale $399,850 -20.0% $44 / Sq Ft
11/20/2020 11/20/20 Off Market $500,000 -- --
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 -- $840,700 $130,700 $710,000
2024 -- $1,527,400 $90,400 $1,437,000
2023 $0 $1,156,400 $75,400 $1,081,000
2022 $0 $951,400 $71,600 $879,800
2021 $0 $947,600 $67,800 $879,800
2020 $0 $370,200 $67,800 $302,400
2019 $0 $303,700 $67,800 $235,900
2018 $0 $299,400 $67,800 $231,600
2017 -- $293,400 $65,900 $227,500
2016 -- $272,200 $65,900 $206,300
2015 -- $273,400 $65,900 $207,500
2014 -- $354,400 $67,800 $286,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72759626

MLS Property Information Network (MLS PIN)

APN: NEWB-000036-000000-000176