NOT LISTED FOR SALE

Estimated Value: $222,000 - $365,000

3 Beds
2 Baths
1,428 Sq Ft
$208/Sq Ft Est. Value

Last Sold March 30, 2022

Last sale price $155,000 $109 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,942/month

54 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Public Transportation
  • Attic
  • Porch
  • Baseboard Heating

About This Home

As of March 2022

Great opportunity for someone looking to start or add to their portfolio with a turn key, two-family asset with 9.9% ROI. The unit mix consists of: 1st fl is 2 bed/1 bath and 2nd floor is 1 bed/1 bath. The units are 100% occupied. The property has separate & tenant paid utilities - 1st fl is gas H & HW and 2nd fl is electric H&HW - the electric is updated to circuit breakers (no owner's meter). Overall, there are some general unit updates. The property has vinyl siding and replacement windows - Roof is approx. 5 years-old w/30 year architectural shingle + (new plywood too). There is off-street parking available and washer/dryer hook-ups in basement. Low Maintenance, Turn Key + Cash Flowing!

Last Agent to Sell the Property

Amanda Sheehan

Oxford Realty License #REB.0795097 Listed on: 12/04/2021

Oxford Realty

Last Buyer's Agent

Moe Kyaw

Lakeshore Realty License #RES.0802502

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,874

Year Built

  • Built in 1864

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 1,428 Sq Ft Home
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Crawl Space

Parking

  • Private Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near a bus stop

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Public Transportation
  • Gross Income $19,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,874

Year Built

Built in 1864

Lot Details

0

Listing Details

  • Neighborhood: South End
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1428
  • Public Record Living Room Sq Ft: 1428
  • Total Sq Ft: 1428
  • Year Built: 1864
  • Nearby Amenities: Playground/Tot Lot, Public Rec Facilities, Public Transportation, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Baldwin St to Middle St OR S Main St to Middle St
  • Special Features: None

Interior Features

  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Crawl Space
  • Basement Description: Full, Unfinished
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 15

Exterior Features

  • Exterior Features: Gutters, Lighting, Porch, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Masonry
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Driveway, Off Street Parking
  • Driveway Type: Private, Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Natural Gas
  • Hot Water Description: Electric, Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.0700
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RL

Multi Family

  • Gross Annual Income: 19800
  • Net Operating Income: 11496
  • Unit Count: 2
  • Total Multi Family: 9
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 2874
  • Total Assessed Value: 47730
  • Mil Rate Base: 60.210
  • Mil Rate Total: 60.210
  • Assessor Parcel Number: 1394596

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2021
Closed on
Mar 29, 2022
Sold by
Ct Affordable Hsng Llc
Bought by
Betterhaven Llc
Seller's Agent
Amanda Sheehan
Oxford Realty
Buyer's Agent
Moe Kyaw
Lakeshore Realty
List Price
$169,900
Sold Price
$155,000
Premium/Discount to List
-$14,900
-8.77%
Current Estimated Value
$296,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,894
Avg. Annual Appreciation
20.28%
Original Mortgage
$114,000
Outstanding Balance
$106,668
Interest Rate
3.89%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$190,226

Purchase Details

Closed on
Jun 27, 1988
Sold by
Dalessio Carmen
Bought by
Betancourt Wilfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,398
Interest Rate
10.39%
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
Betterhaven Llc $155,000 None Available
Betancourt Wilfredo $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Betterhaven Llc $114,000
Previous Owner Betancourt Wilfredo $96,600
Previous Owner Betancourt Wilfredo $11,398
Previous Owner Betancourt Wilfredo $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/30/2022 03/30/22 Sold $155,000 -8.8% $109 / Sq Ft
01/27/2022 01/27/22 Pending -- -- --
12/04/2021 12/04/21 For Sale $169,900 +430.9% $119 / Sq Ft
09/06/2012 09/06/12 Sold $32,000 +60.8% $22 / Sq Ft View Prior Sale
08/17/2012 08/17/12 Pending -- -- --
08/06/2012 08/06/12 For Sale $19,900 -- $14 / 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
2025 $4,417 $98,210 $14,210 $84,000
2024 $4,856 $98,210 $14,210 $84,000
2023 $5,322 $98,210 $14,210 $84,000
2022 $2,874 $47,730 $14,230 $33,500
2021 $2,874 $47,730 $14,230 $33,500
2020 $2,874 $47,730 $14,230 $33,500
2019 $2,874 $47,730 $14,230 $33,500
2018 $2,874 $47,730 $14,230 $33,500
2017 $2,808 $46,640 $14,240 $32,400
2016 $2,808 $46,640 $14,240 $32,400
2015 $2,715 $46,640 $14,240 $32,400
2014 $2,715 $46,640 $14,240 $32,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170455514

SmartMLS

APN: WATE-000461-000324-000054