NOT LISTED FOR SALE

Estimated Value: $279,159 - $363,000

6 Beds
2 Baths
3,478 Sq Ft
$95/Sq Ft Est. Value

Last Sold September 10, 2020

Last sale price $185,000 $53 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,085/month

11 Days on Market

About This Home

As of September 2020

Investors take notice! This 2 family house offers large 3 bed 1 bath units with laundry hook ups within the unit for easy convenience. Each unit is spacious providing larger dining rooms and living rooms. Master bedrooms flow into a front room that could be used as storage, a walk in closet or a nice sitting area for those living there. 2 car garage at end of the driveway offers plenty of storage as well. With a few updates, these rental units are ready to bring in top $$$! The unfinished third floor has potential to bring in even more income. It is already framed and plumbed with electricity. A little sweat equity will go a long way with this one. Schedule your showing today.

Last Agent to Sell the Property

Nicholas Ferrara

Landmark, REALTORS® Listed on: 05/25/2020

Last Buyer's Agent

Heydie Rivera

HRA Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,547

Year Built

  • Built in 1925

Lot Details

  • 7,841

Parking

  • 2 Car Garage

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,547

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Sub-Agency Relationship Offered: Yes
  • Year Built Description: Actual
  • List Price Per Sq Ft: 51.73
  • Comp Based On: Net Sale Price
  • Year Built: 1925
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1925

Interior Features

  • Fireplaces: 2
  • Total Flrs: 3
  • Total Frplcs: 2
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 16
  • Basement: Y
  • Basement Features: Unfinished Basement
  • Main Lo: M39600
  • Main So: AC1693
  • Estimated Sq Ft: 3478.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Foundation: Brick

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 3
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, House of Worship

Lot Info

  • Assessments: 171900.00
  • Acre: 0.18
  • Lot Size: 7732.00
  • Page: 309
  • Zoning: R2
  • Lot Description: Paved Drive, Gentle Slope

Multi Family

  • Total Levels: 2
  • Total Rent: 850
  • Total Rms: 14
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 3357.21
  • Assessor Parcel Number: 2591905

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2020
Closed on
Jul 30, 2020
Sold by
Wiggins Nora L
Bought by
Cruz-Colon Jose A
Seller's Agent
Nicholas Ferrara
Landmark, REALTORS®
Buyer's Agent
Heydie Rivera
HRA Realty, LLC
List Price
$179,900
Sold Price
$185,000
Premium/Discount to List
$5,100
2.83%
Current Estimated Value
$329,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,040
Avg. Annual Appreciation
12.65%
Original Mortgage
$181,649
Outstanding Balance
$161,201
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$173,621

Purchase Details

Closed on
Apr 1, 2004
Sold by
Polito John and Polito Stacy L
Bought by
Wiggins Nora L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,940
Interest Rate
5.56%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 1999
Sold by
Madden Lawrence W and Madden Irene D
Bought by
Polito John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 1989
Sold by
Michelsen Richard F
Bought by
Madden Lawrence W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
9.7%
Mortgage Type
Purchase Money Mortgage
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
Cruz-Colon Jose A $185,000 None Available
Wiggins Nora L $129,000 --
Polito John $64,000 --
Madden Lawrence W $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cruz-Colon Jose A $16,230
Closed Cruz-Colon Jose A $10,658
Open Cruz-Colon Jose A $181,649
Previous Owner Wiggins Nora L $35,570
Previous Owner Wiggins Nora L $127,940
Previous Owner Madden Lawrence W $57,600
Previous Owner Madden Lawrence W $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2020 09/10/20 Sold $185,000 +2.8% $53 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
05/25/2020 05/25/20 For Sale $179,900 -- $52 / 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 $3,547 $226,200 $25,800 $200,400
2024 $3,687 $229,600 $24,100 $205,500
2023 $3,325 $195,000 $23,000 $172,000
2022 $3,585 $190,500 $20,900 $169,600
2021 $3,264 $172,700 $19,000 $153,700
2020 $3,357 $171,900 $19,000 $152,900
2019 $2,637 $134,000 $19,000 $115,000
2018 $2,846 $133,500 $19,000 $114,500
2017 $2,607 $132,600 $15,200 $117,400
2016 $2,304 $117,200 $15,200 $102,000
2015 $2,250 $114,400 $15,200 $99,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72656347

MLS Property Information Network (MLS PIN)

APN: SPRI-007750-000000-000056