$995,000
SOLD JUN 28, 2022
4 Beds
2 Baths
2,304 Sq Ft
1.15 Acres

Recently Sold

$432 Per Sq Ft

316 Days on Market

Highlights

  • Detached Garage
  • 3-minute walk to E 148Th
  • 4-minute walk to Glenfair Park
  • High Speed Internet

About This Home

As of June 2022

Attention builders! Value in land. 1.15 acre MULTIFAMILY development opportunity. RM1 zone allows 50+ units, characterized by 1-3 story buildings including duplexes, rowhouses, courtyard housing & small apartment buildings. Two 6" sanitary sewer lines inside property. Buyer due diligence.

Last Agent to Sell the Property

Marian Hsu

Brokers Realty, Inc License #780302012 Listed on: 06/16/2021

Last Buyer's Agent

Marian Hsu

Brokers Realty, Inc License #780302012 Listed on: 06/16/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,305

Year Built

  • Built in 1952

Parking

  • Detached Garage
  • Driveway

Home Design

  • Shingle Siding

Utilities

  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Additional Features

  • 2-Story Property
  • Property is zoned RM1
  • Unfinished Basement

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,305

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Status: Sold
  • Property Category: Residential
  • Property Type: Single Family Residence
  • Style: Bungalow
  • Sq Ft Calculated: 1996
  • Sq Ft Approximate Total: 2304
  • Stories: 2
  • Year Built: 1952
  • Property Condition: Approximately
  • Remarks Public: Attention builders! Value in land. 1.15 acre MULTIFAMILY development opportunity. RM1 zone allows 50+ units, characterized by 1-3 story buildings including duplexes, rowhouses, courtyard housing & small apartment buildings. Two 6" sanitary sewer lines inside property. Buyer due diligence.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Additional Rooms: 4th Bedroom
  • Main Level Bathrooms: 0.1
  • Total Bathrooms: 1.1
  • Kitchen Appliances: Dishwasher, Instant Hot Water, Free-Standing Range, Free-Standing Refrigerator
  • Legal Description: ASCOT AC, LOT 279 & 280 TL 2200 MAP 3045
  • Sq Ft Lower Level: 308
  • Sq Ft Main Level: 1324
  • Upper Level Sq Ft: 672
  • Bedrooms: 4
  • Master Bedroom: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Basement: Unfinished
  • Dining Room: On Level: Main
  • Living Room: On Level: Main
  • Kitchen: On Level: Lower
  • Additional Room 1: Description: 4th Bedroom,On Level: Upper
  • Bathrooms Main Level Partial: 1
  • Total Bathrooms: 2
  • Bathrooms Upper Level Full: 1

Exterior Features

  • Exterior Description: Shingle Siding
  • Lot Size: 1-2.99AC
  • Lot Dimensions: 160 x 313.5
  • Roof Type: Composition
  • Road Surface: Paved

Garage/Parking

  • Garage Or Parking Spaces: 2
  • Garage Type: Detached
  • Parking Description: Driveway

Utilities

  • Fuel Description: Gas
  • Hot Water: Gas
  • Sewer: Public Sewer
  • Water Description: Public Water
  • Heating Description: Forced Air
  • Internet Service Type: Cable

Schools

  • Elementary School: Glenfair
  • Middle School: H.B. Lee
  • High School: Reynolds

Lot Info

  • Lot Description: Light Rail
  • Acres: 1.15
  • Zoning: RM1

Rental Info

  • Rent Amount: 2100

Tax Info

  • Tax Amount: 6159.55
  • Assessor Parcel Number: R109845

MLS Schools

  • Elementary School: Glenfair
  • High School: Reynolds
  • Middle School: H.B. Lee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2024
Sold by
Burnside 151 Townhomes Llc
Bought by
Burnside 151 Townhomes Llc and Law
Current Estimated Value
$908,223

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,455,000
Outstanding Balance
$4,401,924
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
-$3,513,498

Purchase Details

Listed on
Jun 16, 2021
Closed on
Jun 28, 2022
Sold by
Shekarriz Living Trust
Bought by
Main Street Development Inc
Seller's Agent
Marian Hsu
Brokers Realty, Inc
Buyer's Agent
Marian Hsu
Brokers Realty, Inc
List Price
$999,500
Sold Price
$995,000
Premium/Discount to List
-$4,500
-0.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.51%
Original Mortgage
$745,000
Interest Rate
5.3%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Feb 2, 2013
Closed on
Feb 27, 2013
Sold by
Serroels Elieve L
Bought by
Shekarriz Habib and Shekarriz Living Trust
Seller's Agent
Teresa ST. Martin
Windermere Realty Trust
Buyer's Agent
BJ Atwood
BJ Atwood Realty LLC
List Price
$315,000
Sold Price
$305,000
Premium/Discount to List
-$10,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.53%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- Fidelity National Title
Warranty Deed $995,000 First American Title
Warranty Deed $305,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,455,000 New Conventional
Previous Owner $1,000,000 New Conventional
Previous Owner $745,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2022 06/28/22 Sold $995,000 -0.5% $432 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $999,500 +0.5% $434 / Sq Ft
03/01/2022 03/01/22 Off Market $995,000 -- --
08/31/2021 08/31/21 Price Changed $999,500 -16.6% $434 / Sq Ft
06/16/2021 06/16/21 Price Changed $1,198,000 +20.0% $520 / Sq Ft
06/16/2021 06/16/21 For Sale $998,000 +227.2% $433 / Sq Ft
03/04/2013 03/04/13 Sold $305,000 -3.2% $131 / Sq Ft
02/08/2013 02/08/13 Pending -- -- --
02/02/2013 02/02/13 For Sale $315,000 -- $136 / Sq Ft
Source: Regional Multiple Listing Service (RMLS)

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 $7,305 $319,440 -- --
2023 $7,020 $310,140 $0 $0
2022 $6,914 $301,110 $0 $0
2021 $6,824 $292,340 $0 $0
2020 $6,160 $283,830 $0 $0
2019 $5,846 $275,570 $0 $0
2018 $5,792 $267,550 $0 $0
2017 $5,586 $259,760 $0 $0
2016 $5,324 $252,200 $0 $0
2015 $5,181 $244,860 $0 $0
2014 $5,044 $237,730 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 21427637

Regional Multiple Listing Service (RMLS)

APN: R109845