NOT LISTED FOR SALE

Estimated Value: $491,361 - $562,000

4 Beds
2 Baths
1,632 Sq Ft
$318/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $410,000 $251 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,202/month

1 Day on Market

Highlights

  • Waterfront
  • Heating Available
  • 5-minute walk to Village Waterfront Park
  • Walking Distance to Water

About This Home

As of July 2021

RARE 2 FAMILY in Somerset with two bedrooms and one bathroom in each apartment, totaling 4 bedrooms and 2 bathrooms. This beautiful home is TURN KEY and MOVE-IN READY with no work needed to be done as it has been meticulously maintained. Features include newly updated kitchens and bathrooms, hardwood floors throughout, separated utilities, and plenty of natural light. Off-street parking for 2 cars and a private backyard. This house represents a rare investment opportunity to own in a desirable and highly sought-after community. Conveniently situated on a quiet street and is located in a desirable neighborhood near North Elementary School. Individual washer & dryer hook-ups for each apartment. As a bonus, the property is within walking distance to waterfront parks, playgrounds, and Pierce beach.

Last Agent to Sell the Property

John Siri

Venture Listed on: 06/24/2021

Venture

Last Buyer's Agent

John Siri

Venture Listed on: 06/24/2021

Venture

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,957

Year Built

  • Built in 1890

Lot Details

  • 4,792 Sq Ft Lot
  • Waterfront

Home Design

  • Duplex
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,632 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water

Schools

  • North Elementary School
  • Somerset Middle School
  • Somerset High School

Utilities

  • 2 Heating Zones
  • Heating Available
  • 220 Volts
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $28,800

Listing and Financial Details

  • Total Actual Rent $2,400
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number 4018917

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,957

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1890
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans,Pantry,Stone/Granite/Solid Counters,High Speed Internet Hookup,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Pantry,Stone/Granite/Solid Counters,High Speed Internet Hookup,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Vent Hood), Unit 2(Range,Refrigerator,Vent Hood), Gas Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Sump Pump, Slab, Unfinished
  • Living Area: 1632
  • Stories Total: 3
  • MAIN LO: AN5488
  • LIST PRICE PER Sq Ft: 235.91
  • PRICE PER Sq Ft: 251.23
  • MAIN SO: AN5488

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Beach Access, River, Walk to, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Oil), Unit 2(Gas)
  • Electric: 220 Volts
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 4018917
  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • LOT SIZE: 4792
  • PAGE: 221

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3957
  • Tax Book Number: 9807

Multi Family

  • Gross Income: 28800
  • Net Operating Income: 28800
  • Number Of Units Total: 2
  • Total Actual Rent: 2400
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Somerset High
  • Elementary School: North
  • Middle Or Junior School: Somerset Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Jul 30, 2021
Sold by
Lec Properties Llc
Bought by
Bonanca Castalia and Bonanca Chelsea
Seller's Agent
John Siri
Venture
Buyer's Agent
John Siri
Venture
List Price
$385,000
Sold Price
$410,000
Premium/Discount to List
$25,000
6.49%
Current Estimated Value
$502,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,334
Avg. Annual Appreciation
5.01%
Original Mortgage
$402,573
Outstanding Balance
$367,798
Interest Rate
2.93%
Mortgage Type
FHA
Estimated Equity
$131,631

Purchase Details

Listed on
Sep 29, 2018
Closed on
Jul 1, 2019
Sold by
Suspiro Nt
Bought by
Lec Properties Llc
Seller's Agent
John Siri
Venture
Buyer's Agent
Maryann Dempsey
Lamacchia Realty, Inc.
List Price
$325,000
Sold Price
$285,000
Premium/Discount to List
-$40,000
-12.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.11%
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
Bonanca Castalia $410,000 None Available
Lec Properties Llc $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonanca Castalia $402,573
Closed Bonanca Castalia $402,573
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2021 07/30/21 Sold $410,000 +6.5% $251 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $385,000 +35.1% $236 / Sq Ft
07/01/2019 07/01/19 Sold $285,000 -5.0% $175 / Sq Ft
04/02/2019 04/02/19 Pending -- -- --
03/10/2019 03/10/19 Price Changed $299,900 -1.6% $184 / Sq Ft
01/11/2019 01/11/19 Price Changed $304,900 -6.2% $187 / Sq Ft
09/29/2018 09/29/18 For Sale $325,000 -- $199 / Sq Ft
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 $5,408 $406,600 $174,600 $232,000
2024 $4,901 $383,200 $174,600 $208,600
2023 $4,451 $351,000 $151,500 $199,500
2022 $3,935 $296,100 $130,100 $166,000
2021 $3,958 $269,600 $117,100 $152,500
2020 $3,842 $252,400 $117,700 $134,700
2019 $4,457 $244,200 $117,700 $126,500
2018 $3,646 $215,000 $106,800 $108,200
2017 $3,513 $201,900 $101,900 $100,000
2016 $3,535 $201,900 $101,900 $100,000
2015 $3,373 $194,400 $97,300 $97,100
2014 $4,560 $188,800 $94,500 $94,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72853405

MLS Property Information Network (MLS PIN)

APN: SOME-000002D-000000-000291