NOT LISTED FOR SALE

Estimated Value: $742,000 - $968,694

6 Beds
2 Baths
2,878 Sq Ft
$304/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $425,000 $148 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $5,696/month

7 Days on Market

Highlights

  • Beach Access
  • Property is near public transit and shops
  • 2 Car Detached Garage
  • Deck
  • Attic
  • Community Playground

About This Home

As of September 2016

Multi-family home with mostly-new everything. This home, with two 3 bed, 1 bath units, generating a gross $3350 per month, with consistent income for the past 5 years, is ready for a new owner. Owned by the same family for several decades, everything has been redone within the past 5 years. The kitchen and bath on the 1st floor, and bathroom on second floor are less than a year old. The windows throughout the unit are updated. Central Air, nice back yard, fireplace. The kicker is the basement, and attic, which can be finished for additional space, and additional income. There is little to do in this home, except continue to collect the rent check. See rental history for past few years on MLS! Plenty of parking, central location!

Last Agent to Sell the Property

Susan Hanson

William Raveis Real Estate License #RES.0767809 Listed on: 07/14/2016

William Raveis Real Estate

Co-Listed By

Joe Balestriere

William Raveis Real Estate License #RES.0792559

Last Buyer's Agent

Abdul Kader

Guy Bocicaut Real Estate License #RES.0785014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,309

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 2,878 Sq Ft Home
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Walkup Attic

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Parking Deck

Outdoor Features

  • Beach Access
  • Deck

Location

  • Property is near public transit and shops

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Recreation

  • Community Playground
  • Park

Additional Features

  • 2 Units
  • Public Transportation
  • Gross Income $40,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,309

Year Built

Built in 1900

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Sq Ft Est Heated Above Grade: 2878
  • Public Record Living Room Sq Ft: 2878
  • Total Sq Ft: 2878
  • Year Built: 1900
  • Nearby Amenities: Library, Park, Playground/Tot Lot, Public Transportation, Shopping/Mall
  • Association Amenities: Park, Playground/Tot Lot
  • Remarks Public Addendum: Garage to be taken 'as-is'; agent/owner related
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 5196
  • Directions: Van Buren/ Riverside to Spring hill, home on the left, park on street, don't block driveway
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Full, Partially Finished
  • Attic: Yes

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2

Utilities

  • Cooling System: Central Air
  • Heat Fuel Type: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.2200
  • Lot Description: Level Lot, Fence - Partial
  • Zoning: C

Multi Family

  • Gross Annual Income: 40200
  • Unit Count: 2
  • Total Multi Family: 11
  • Total Num Of Units: 2
  • Total Unit Count: 2

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 6309
  • Mil Rate Base: 22.940
  • Mil Rate Tax District: 2.500
  • Assessor Parcel Number: 230559

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

Listed on
Jul 14, 2016
Closed on
Sep 15, 2016
Sold by
Siano Teresa
Bought by
Balestriere Chris and Balestriere Crescenzo
Seller's Agent
Susan Hanson
William Raveis Real Estate
Buyer's Agent
Abdul Kader
Guy Bocicaut Real Estate
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
Current Estimated Value
$875,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,924
Avg. Annual Appreciation
7.87%
Original Mortgage
$361,250
Outstanding Balance
$288,553
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$587,371

Purchase Details

Closed on
Jun 16, 1969
Bought by
Balestriere Frank and Balestriere Maria M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Balestriere Chris $425,000 --
Balestriere Chris $425,000 --
Balestriere Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balestriere Frank $361,250
Closed Balestriere Frank $361,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/15/2016 09/15/16 Sold $425,000 -5.6% $148 / Sq Ft
08/16/2016 08/16/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $450,000 0.0% $156 / Sq Ft
07/01/2014 07/01/14 Rented $1,800 -10.0% --
06/01/2014 06/01/14 Under Contract -- -- --
03/24/2014 03/24/14 For Rent $2,000 -- --
Source: SmartMLS

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 $12,175 $509,420 $165,450 $343,970
2024 $11,994 $509,420 $165,450 $343,970
2023 $8,580 $342,030 $121,330 $220,700
2022 $8,395 $342,030 $121,330 $220,700
2021 $8,198 $342,030 $121,330 $220,700
2020 $8,194 $342,030 $121,330 $220,700
2019 $7,974 $342,030 $121,330 $220,700
2018 $6,598 $247,980 $125,970 $122,010
2017 $6,369 $247,980 $125,970 $122,010
2016 $6,309 $247,980 $125,970 $122,010
2015 $6,282 $247,630 $125,970 $121,660
2014 $6,201 $247,630 $125,970 $121,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99153228

SmartMLS

APN: NORW-000001-000041-000005

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