NOT LISTED FOR SALE

Estimated Value: $323,000 - $341,118

2 Beds
2 Baths
1,068 Sq Ft
$307/Sq Ft Est. Value

Last Sold March 26, 2018

Last sale price $163,000 $153 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,237/month

4 Days on Market

Highlights

  • Deck
  • Covered patio or porch
  • Ceiling Fan
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • High Speed Internet

About This Home

As of March 2018

This cash flowing cutie is ready to go! 2 units for the price of one. There is a one bedroom, one bath unit on one side which is currently vacant and an efficiency unit with a long term tenant in place on the other. Sparkling clean and move in ready. The home has a newer roof, new electrical panel and is in a great location. Lake Silver Elementary is across the street and it's a short walk to Edgewater. The New Packing District Development is right around the corner with its mix of restaurants, retail and recreation creating an even greater need for affordable housing.
This home would be a great addition to anyone's portfolio. Come see it today before its gone!!

Last Agent to Sell the Property

Kimberly Griffin

RE/MAX EXCLUSIVE COLLECTION License #590521 Listed on: 02/08/2018

RE/MAX EXCLUSIVE COLLECTION

Co-Listed By

Candace Cassidy

PREMIER SOTHEBY'S INTL. REALTY License #3196457

Last Buyer's Agent

Kim Lam

CORCORAN PREMIER REALTY License #3063154

CORCORAN PREMIER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,902

Year Built

  • Built in 1948

Lot Details

  • 5,691 Sq Ft Lot
  • Land Lease expires 12/31/18
  • Property is zoned R-2

Parking

  • Open Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,068 Sq Ft Home
  • Ceiling Fan
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered patio or porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Fairvilla Park Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,902

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1068
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 1948
  • Building Area Total: 1164
  • Lot Size Sq Ft: 5691
  • Directions to Property: Edgewater to Maury - Maury to Cumbie - house is on the left hand side
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5561454&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=O5561454&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1.01939
  • Price per Sq Ft: 152.62
  • Close to Original List Price Ratio: 1.01939
  • Ratio: Current Price\Building Area Total: 140.03
  • View: No
  • Co List Office Mls Id: 261011493
  • Co List Office Phone: 407-447-2829
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 1503
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12095C0235F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None, Open
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Gas
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Lot Info

  • Zoning: R-2
  • Parcel Number: 15-22-29-2652-06-072
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2009-09-25
  • Land Lease Expiration Date: 2018-12-31
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: 7 Months
  • Lease Restrictions Y N: No
  • Month To Month Or Weekly Y N: Yes

Tax Info

  • Tax Annual Amount: 1902
  • Tax Block: F
  • Tax Book Number: L-115
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2018
Closed on
Mar 26, 2018
Sold by
Bigelow Ronald R and Bigelow Linda R
Bought by
Lam Kim
Seller's Agent
Kimberly Griffin
RE/MAX EXCLUSIVE COLLECTION
Buyer's Agent
Kim Lam
CORCORAN PREMIER REALTY
List Price
$159,900
Sold Price
$163,000
Premium/Discount to List
$3,100
1.94%
Current Estimated Value
$351,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,566
Avg. Annual Appreciation
9.60%
Original Mortgage
$122,250
Outstanding Balance
$105,888
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$214,743
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lam Kim $163,000 Alliance Title Insurance Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Kim $122,250
Previous Owner Bigelow Ronald R $100,000
Previous Owner Bigelow Ronald $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2018 03/26/18 Sold $163,000 +1.9% $153 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
02/08/2018 02/08/18 For Sale $159,900 -- $150 / Sq Ft
Source: Stellar MLS

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 $3,744 $209,835 -- --
2024 $3,356 $201,910 $110,000 $91,910
2023 $3,356 $188,209 $110,000 $78,209
2022 $3,037 $168,588 $101,900 $66,688
2021 $2,884 $160,737 $101,900 $58,837
2020 $2,465 $130,291 $75,900 $54,391
2019 $2,579 $130,768 $75,900 $54,868
2018 $2,076 $100,828 $70,000 $30,828
2017 $1,902 $88,412 $58,000 $30,412
2016 $1,753 $79,789 $52,000 $27,789
2015 $1,685 $73,921 $47,000 $26,921
2014 $1,853 $78,368 $50,000 $28,368
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5561454

Stellar MLS

APN: 15-2229-2652-06-072