NOT LISTED FOR SALE
9 Beds
-- Bath
4,500 Sq Ft
7,405 Sq Ft Lot

Last Sold September 26, 2014

Last sale price $1,925,000 $428 Per Sq Ft

71 Days on Market

Highlights

  • Neighborhood Views
  • Baseboard Heating
  • Carpet
  • Blue Hills Elementary School Rated A-

About This Home

As of September 2014

Large 4-plex with excellent unit mix. Long term tenants. Lots of upside in rents. Do not disturb residents.

Last Agent to Sell the Property

Thomas Scott

Thomas Scott, Broker License #00764796 Listed on: 06/23/2014

Last Buyer's Agent

Lakshmi Sathyanarayana

Maxreal License #01472095

Maxreal

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 7,405

Parking

  • Private Parking

Home Design

  • Quadruplex
  • Shake Roof

Interior Spaces

  • 4,500 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Neighborhood Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Utilities

  • Baseboard Heating
  • Sewer Within 50 Feet

Listing and Financial Details

  • Total Actual Rent $101,172
  • The owner pays for garbage, services - gardener/landscaping, hot water, water

Community Details

Overview

  • 4,500 Sq Ft Building

Building Details

  • Gardener Expense $2,040
  • Insurance Expense $2,400
  • Maintenance Expense $2,500
  • Manager Expense $5,868
  • Other Expense $200
  • Utility Expense $2,150
  • Trash Expense $1,750
  • Operating Expense $23,502
  • Gross Income $99,854

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Inspections Reports: Fault Zone, Pest Control, Property Inspection, Roof, Flood Zone
  • Sale Price Per Sq Ft: 427.78
  • Listing Class: Residential Income (2-4 Units)
  • Max Numberof Unitsin Complex: 4
  • Min Numberof Unitsin Complex: 4
  • Structure Sq Ft: 4500
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 4500
  • Stories: 2
  • Laundry: Washer/Dryer - Leased Coin-Op
  • Flooring: Carpet

Exterior Features

  • Roof: Shake
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Private / Exclusive

Utilities

  • Heating System: Baseboard
  • Sewer/Septic System: Sewer In Street, Sewer Connected

Lot Info

  • Lot Location: Corner
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7800.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 7800.00
  • Lot Size Area Min Search: 7800.00
  • Maximum Lot Size: 7800.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 19.14

Multi Family

  • Expense Insurance: 2400
  • Expense Landscape: 2040
  • Expense Maintenance: 2500
  • Expense Management: 5868
  • Expenses Other: 200
  • Expenses Total: 23502
  • Expenses Utility: 2150
  • Expense Trash: 1750
  • Expense Water Sewer: 3200
  • Income Annual Gross: 99854.00
  • Income Annual Rental: 101172
  • Income Gross Scheduled: 101892
  • Income Includes: Laundry, Lease
  • Income Laundry: 720
  • Maximum Building Height: 2
  • Meters: Separate Electric, Master Gas, Master Water
  • Minimum Building Height: 2
  • Number Of Buildings: 1
  • Operating Expenses Include: Services - Trash Removal, Services - Gardener, Utilities - Hot Water, Utilities - Water, Maintenance - Exterminator, Utilities - Gas, Insurance, Maintenance - Laundry, Fee - License/Advertising, Maintenance - Repair, Fee - Property Management, Fee - Property Tax, Services - Sewer, Supplies, Utilities - Electric
  • Owner Pays: Garbage, Services - Gardener/Landscaping, Hot Water, Water
  • Tenant Expenses: Utilities - Heating, Cable Tv, Utilities - Electric
  • Vacancy Amount: 2038
  • Vacancy Factor: 2
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2014 09/26/14 Sold $1,925,000 +5.5% $428 / Sq Ft
09/02/2014 09/02/14 Pending -- -- --
06/23/2014 06/23/14 For Sale $1,825,000 -- $406 / Sq Ft
Source: MLSListings

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 $28,583 $2,313,553 $1,352,077 $961,476
2024 $28,583 $2,268,190 $1,325,566 $942,624
2023 $28,272 $2,223,717 $1,299,575 $924,142
2022 $28,013 $2,180,116 $1,274,094 $906,022
2021 $27,670 $2,137,369 $1,249,112 $888,257
2020 $27,305 $2,115,454 $1,236,304 $879,150
2019 $26,785 $2,073,975 $1,212,063 $861,912
2018 $26,046 $2,033,310 $1,188,298 $845,012
2017 $25,942 $1,993,443 $1,164,999 $828,444
2016 $25,164 $1,954,356 $1,142,156 $812,200
2015 $24,996 $1,925,000 $1,125,000 $800,000
2014 $3,408 $147,528 $32,015 $115,513
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81422379

MLSListings

APN: 372-19-039

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