NOT LISTED FOR SALE

Estimated Value: $516,000 - $589,168

7 Beds
2 Baths
4,856 Sq Ft
$113/Sq Ft Est. Value

Last Sold September 14, 2021

Last sale price $460,000 $95 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,220/month

225 Days on Market

Highlights

  • Attic
  • <<tubWithShowerToken>>
  • Baseboard Heating
  • Cooling Available
  • Storage Room

About This Home

As of September 2021

Beautiful two-family that was renovated in 2018. Located in a corner lot in a quiet neighborhood. Both units are vacant and ready for immediate occupancy. In-unit laundry on the second floor. Could easily be converted to a LARGE single family home with 7 bedrooms! Live in one unit, rent out the other or you can do what the seller did and airbnb the second unit. Last year's income on the property was $70K! After expenses that is around a 16% cap rate, a unicorn for any investment property. Furniture negotiable. A lot of possibilities, set up your tour today.

Last Agent to Sell the Property

Michael Silva

Cote Partners Realty LLC License #REB.0019729 Listed on: 01/01/2021

Last Buyer's Agent

Joseph Luca

RE/MAX Preferred License #REB.0016447

RE/MAX Preferred

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,621

Year Built

  • Built in 1800

Lot Details

  • 0.49 Acre Lot

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,856 Sq Ft Home
  • 2-Story Property
  • Storage Room
  • Utility Room
  • Laminate Flooring
  • Dishwasher
  • Attic

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms
  • <<tubWithShowerToken>>

Laundry

  • Laundry in unit
  • Dryer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater
  • Septic Tank
  • Sewer Not Available

Community Details

  • 2 Units
  • Operating Expense $5,000

Listing and Financial Details

  • Tax Lot 14
  • Assessor Parcel Number 153MORGANAVJOHN

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,621

Year Built

Built in 1800

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.49
  • Above Grade Finished Sq Ft: 4856.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1800
  • Special Features: None

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dryer, Dishwasher, Gas Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 7
  • Fireplace: No
  • Flooring: Laminate
  • Interior Amenities: Attic, Tub Shower
  • Dining Room Type: Storage Room, Utility Room
  • Stories: 2
  • ResoLivingAreaSource: Builder

Exterior Features

  • Construction Type: Drywall, Vinyl Siding
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: In Unit
  • Cooling: 1 Unit
  • Cooling Y N: Yes
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: None, Septic Tank
  • Utilities: Sewer Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 21344.0
  • Parcel #: 153MORGANAVJOHN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2
  • Annual Operating Expense: 5000.0

Tax Info

  • Tax Annual Amount: 8620.92
  • Tax Lot: 14
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2021
Closed on
Sep 14, 2021
Sold by
Silva Michael R and Kaiser Pernilla F
Bought by
Carvajal Pablo A
Seller's Agent
Michael Silva
Cote Partners Realty LLC
Buyer's Agent
Joseph Luca
RE/MAX Preferred
List Price
$415,000
Sold Price
$460,000
Premium/Discount to List
$45,000
10.84%
Current Estimated Value
$549,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,292
Avg. Annual Appreciation
4.73%
Original Mortgage
$392,755
Outstanding Balance
$359,987
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$189,305

Purchase Details

Listed on
Sep 13, 2018
Closed on
Dec 4, 2018
Sold by
F & C Investments Llc
Bought by
Silva Michael R and Kaiser Pernilla F
Seller's Agent
Rhonda Sasa
BHHS Pinnacle Realty
Buyer's Agent
Kyle Seyboth
List Price
$344,900
Sold Price
$316,000
Premium/Discount to List
-$28,900
-8.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.46%
Original Mortgage
$310,276
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jan 2, 2018
Closed on
Jan 22, 2018
Sold by
Sasa Rhonda A
Bought by
F & C Investments Llc
Seller's Agent
Rhonda Sasa
BHHS Pinnacle Realty
Buyer's Agent
Rhonda Sasa
BHHS Pinnacle Realty
List Price
$199,900
Sold Price
$162,000
Premium/Discount to List
-$37,900
-18.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
115.54%
Original Mortgage
$200,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2017
Sold by
Sasa Rhonda A
Bought by
Sasa Rhonda A

Purchase Details

Closed on
Feb 7, 2017
Sold by
Sasa Mohamad Y
Bought by
Sasa Rhonda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 6, 2017
Sold by
Sasa Mohamad Y
Bought by
Sasa Rhonda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2016
Sold by
Delgreco John E and Delgreco Deborah
Bought by
Sasa Mohamad Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage
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
Carvajal Pablo A $460,000 None Available
Silva Michael R $316,000 --
F & C Investments Llc $162,000 --
Sasa Rhonda A -- --
Sasa Rhonda A -- --
Sasa Rhonda A -- --
Sasa Mohamad Y $210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carmona-Carvajal Pablo A $44,210
Open Carvajal Pablo A $392,755
Previous Owner Silva Michael R $310,276
Previous Owner F & C Investments Llc $200,000
Previous Owner Sasa Mohamad Y $110,000
Previous Owner Sasa Mohamad Y $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2021 09/14/21 Sold $460,000 +10.8% $95 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
01/01/2021 01/01/21 For Sale $415,000 +31.3% $85 / Sq Ft
12/04/2018 12/04/18 Sold $316,000 -8.4% $65 / Sq Ft
11/04/2018 11/04/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $344,900 +112.9% $71 / Sq Ft
01/22/2018 01/22/18 Sold $162,000 -19.0% $59 / Sq Ft
01/02/2018 01/02/18 For Sale $199,900 -- $72 / Sq Ft
Source: State-Wide 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
2024 $2,133 $139,400 $139,400 $0
2023 $2,133 $139,400 $139,400 $0
2022 $2,700 $116,200 $116,200 $0
2021 $2,700 $116,200 $116,200 $0
2018 $5,613 $204,200 $91,800 $112,400
2016 $7,427 $204,200 $91,800 $112,400
2015 $5,566 $192,000 $94,900 $97,100
2014 $5,549 $193,000 $95,900 $97,100
2013 $5,549 $193,000 $95,900 $97,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1272543

State-Wide MLS

APN: JOHN-000008-000000-000014