NOT LISTED FOR SALE

Estimated Value: $337,000 - $411,000

7 Beds
3 Baths
3,426 Sq Ft
$105/Sq Ft Est. Value

Last Sold January 09, 2019

Last sale price $194,000 $57 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $2,268/month

28 Days on Market

Highlights

  • Waterfront
  • Attic
  • Covered Deck
  • Partially Wooded Lot
  • No HOA
  • Tankless Water Heater

About This Home

As of January 2019

Investors take notice! This 3 family home has been well taken care of and is looking for new owners. Building is currently fully rented with established tenants. Property has 3 brand new high efficiency propane heating systems, roof & windows are in good shape, and the units are in great shape very well updated and all with legal egresses. Property is located in a great area convenient to downtown and commuting. Property has off street parking for all units. Basement is neat and clean with updated utilities and newer concrete floor.

Last Agent to Sell the Property

Ryan LaJoie

Johnston & Associates Real Estate, LLC License #REB.0759213 Listed on: 10/24/2018

Last Buyer's Agent

David Leal

Keller Williams Realty Gr.Worc License #RES.0803282

Keller Williams Realty Gr.Worc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,670

Year Built

  • Built in 1880

Lot Details

  • 8,276 Sq Ft Lot
  • Waterfront
  • Partially Wooded Lot

Home Design

  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Asbestos Siding
  • Shingle Siding

Interior Spaces

  • 3,426 Sq Ft Home
  • Concrete Flooring
  • Water Views
  • Basement Fills Entire Space Under The House
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • Shared Driveway
  • Off-Street Parking

Outdoor Features

  • Covered Deck
  • Rain Gutters

Schools

  • Mary R. Fisher Elementary School
  • Thompson Middle School
  • Tourtellotte Memorial High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Oil Above Ground
  • Heating System Uses Propane
  • Tankless Water Heater
  • Propane Water Heater

Listing and Financial Details

  • Exclusions: Tenants Personal Items

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $31,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,670

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Neighborhood: North Grosvenordale
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3426
  • Public Record Living Room Sq Ft: 3426
  • Total Sq Ft: 3426
  • Year Built: 1880
  • Nearby Amenities: Basketball Court, Library, Park, Private School(s)
  • Property Sub Type: 3 Family
  • Exclusions: Tenants Personal Items
  • Direct Waterfront: Yes
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4993
  • Directions: Rt. 12 to Main St. Property on left in rear after bridge. No sign.
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Concrete Floor
  • Laundry Room Info: Basement Hook-Up(s), Hook-Up In Unit 2, Hook-Up In Unit 3
  • Attic: Yes
  • Street Number Modifier: 15

Exterior Features

  • Exterior Features: Covered Deck, Gutters
  • Exterior Siding: Shingle, Asbestos
  • Foundation Type: Block, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: View
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Assigned Parking, Off Street Parking
  • Driveway Type: Shared

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Propane
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Propane, Tankless Hotwater
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Usage Fee Annual: 1320

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Mary R. Fisher
  • Middle School: Thompson
  • High School: Tourtellotte Memorial

Lot Info

  • Acres: 0.1900
  • Lot Description: Lightly Wooded
  • Zoning: R20

Multi Family

  • Gross Annual Income: 31500
  • Net Operating Income: 21510
  • Unit Count: 3
  • Total Multi Family: 16
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 2670
  • Total Assessed Value: 96200
  • Mil Rate Base: 27.750
  • Mil Rate Total: 27.750
  • Assessor Parcel Number: 2325340

MLS Schools

  • Elementary School: Mary R. Fisher
  • Middle Jr High School: Thompson
  • High School: Tourtellotte Memorial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2018
Closed on
Jan 9, 2019
Sold by
Durand Douglas R
Bought by
Leal David S
Seller's Agent
Ryan LaJoie
Johnston & Associates Real Estate, LLC
Buyer's Agent
David Leal
Keller Williams Realty Gr.Worc
List Price
$189,900
Sold Price
$194,000
Premium/Discount to List
$4,100
2.16%
Current Estimated Value
$359,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,523
Original Mortgage
$145,500
Outstanding Balance
$128,935
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 10, 2014
Sold by
Exley Jill A
Bought by
Durand Douglas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,500
Interest Rate
4.18%

Purchase Details

Closed on
Jun 21, 2011
Sold by
Seney Charles W
Bought by
Durand Douglas R and Durand Jill A
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
Leal David S $194,000 --
Leal David S $194,000 --
Durand Douglas R -- --
Durand Douglas R -- --
Durand Douglas R $90,000 --
Durand Douglas R $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leal David S $145,500
Closed Leal David S $145,500
Previous Owner Seney Charles W $80,000
Previous Owner Seney Charles W $51,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2019 01/09/19 Sold $194,000 +2.2% $57 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
10/24/2018 10/24/18 For Sale $189,900 -- $55 / 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 $3,888 $138,300 $22,000 $116,300
2023 $3,596 $138,300 $22,000 $116,300
2022 $3,460 $138,300 $22,000 $116,300
2021 $3,451 $138,300 $22,000 $116,300
2020 $3,351 $138,300 $22,000 $116,300
2019 $2,670 $96,200 $23,400 $72,800
2018 $2,670 $96,200 $23,400 $72,800
2017 $2,507 $96,200 $23,400 $72,800
2016 $2,507 $96,200 $23,400 $72,800
2015 $2,386 $96,200 $23,400 $72,800
2014 $2,129 $93,100 $24,600 $68,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170139095

SmartMLS

APN: THOM-000169-000091-000031