NOT LISTED FOR SALE

Estimated Value: $307,105 - $407,000

4 Beds
2 Baths
2,641 Sq Ft
$134/Sq Ft Est. Value

Last Sold October 07, 2019

Last sale price $131,500 $50 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $2,531/month

21 Days on Market

Highlights

  • Attic
  • No HOA
  • Level Lot

About This Home

As of October 2019

Great opportunity to own this 2 unit multi family home. The units are located on separate floors. This home has great earning potential for the right investor just needs some work. Close proximity to public transportation and I-95 & I-91.

Last Listed By

Michael Sirochman

Coldwell Banker Realty License #RES.0773414 Listed on: 08/23/2019

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,532

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,641 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Air Source Heat Pump
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,532

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2641
  • Public Record Living Room Sq Ft: 2641
  • Total Sq Ft: 2641
  • Year Built: 1900
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 4068
  • Directions: I95 North to Exit 44 - continue on Ella T. Grasso Blvd to Kimberly to Spring
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full
  • Attic: Yes
  • Street Number Modifier: 127

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1100
  • Lot Description: Level Lot
  • Zoning: RM2

Multi Family

  • Unit Count: 2
  • Total Multi Family: 10
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 3532
  • Total Assessed Value: 82180
  • Mil Rate Base: 42.980
  • Mil Rate Total: 42.980
  • Assessor Parcel Number: 1251207

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2020
Sold by
Elm City Acquisitions Llc
Bought by
Bonilla Katherine M and Bonilla Ortega
Total Days on Market
21
Current Estimated Value
$353,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,725
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 23, 2019
Closed on
Oct 3, 2019
Sold by
Votto Richard
Bought by
Elm City Acquisitions Llc
Seller's Agent
Michael Sirochman
Coldwell Banker Realty
Buyer's Agent
Michael Sirochman
Coldwell Banker Realty
List Price
$124,900
Sold Price
$131,500
Premium/Discount to List
$6,600
5.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.38%
Original Mortgage
$158,040
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 23, 2019
Closed on
Sep 18, 2019
Sold by
Wilmington Svgs Fund Soc
Bought by
Votto Richard
Seller's Agent
Michael Sirochman
Coldwell Banker Realty
Buyer's Agent
Michael Sirochman
Coldwell Banker Realty
List Price
$124,900
Sold Price
$131,500
Premium/Discount to List
$6,600
5.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,040
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2019
Sold by
Davis Sherri and Wilmington Svgs Fund Soc
Bought by
Wilmington Svgs Fund Soc

Purchase Details

Closed on
Oct 24, 1986
Bought by
Moye Marilyn J

Range of Values:

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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
Bonilla Katherine M $236,000 None Available
Elm City Acquisitions Llc -- --
Votto Richard $131,500 --
Wilmington Svgs Fund Soc $93,584 --
Moye Marilyn J $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonilla Katherine M $232,500
Closed Bonilla Katherine M $231,725
Previous Owner Votto Richard $158,040
Previous Owner Moye Marilyn J $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2019 10/07/19 Sold $131,500 +5.3% $50 / Sq Ft
09/13/2019 09/13/19 Pending -- -- --
08/23/2019 08/23/19 For Sale $124,900 -- $47 / 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
2024 $6,864 $178,290 $23,590 $154,700
2023 $6,632 $178,290 $23,590 $154,700
2022 $7,087 $178,290 $23,590 $154,700
2021 $3,606 $82,180 $20,300 $61,880
2020 $3,606 $82,180 $20,300 $61,880
2019 $3,532 $82,180 $20,300 $61,880
2018 $3,532 $82,180 $20,300 $61,880
2017 $3,179 $82,180 $20,300 $61,880
2016 $2,653 $63,840 $11,620 $52,220
2015 $2,653 $63,840 $11,620 $52,220
2014 $2,653 $63,840 $11,620 $52,220
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: 170228451

SmartMLS

APN: NHVN-000276-000051-001200