NOT LISTED FOR SALE

Estimated Value: $261,036 - $374,000

6 Beds
3 Baths
3,192 Sq Ft
$100/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $177,500 $56 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $2,255/month

42 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Porch
  • Attic
  • Thermal Windows
  • Public Transportation

About This Home

As of April 2021

Invest or owner occupy this turn key three-family with 12+% CAP rate and $23k NOI in the East End. The units are all large, 2 beds (approx. 1,060 SF each) with open floor plans, refinished hardwood floors, EIK with pantry + laundry, large LR/DR, a lot of windows and nice natural light. The kitchens are remodeled with updated cabinets and bathroom is also remodeled with tile/tub and newer vanity. The utilities are separate and tenant paid - electric heat and hot water + cooking. Value add opportunity to increase rents for 13% CAP proforma. There is off-street parking available for tenants. Great opportunity for a cash-flowing multi that you can invest in and/or owner occupy!

Last Agent to Sell the Property

Amanda Sheehan

Oxford Realty License #REB.0795097 Listed on: 12/14/2020

Oxford Realty

Last Buyer's Agent

Akmal Hawash

The Bella Group, LLC License #RES.0809973

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,703

Year Built

  • Built in 1910

Lot Details

  • 5,663 Sq Ft Lot

Home Design

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

Interior Spaces

  • 3,192 Sq Ft Home
  • Thermal Windows
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 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 shops
  • Property is near a bus stop

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $35,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,703

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Neighborhood: East End
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3192
  • Public Record Living Room Sq Ft: 3192
  • Total Sq Ft: 3192
  • Year Built: 1910
  • Nearby Amenities: Commuter Bus, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Wolcott St to Oak St
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Crawl Space
  • Basement Description: Full, Unfinished
  • Laundry Room Location: in kitchen pantry
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: Yes

Exterior Features

  • Exterior Features: Gutters, Lighting, Porch, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Masonry, Stone
  • 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
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Intermediate School: Per Board of Ed

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.1300
  • Lot Description: N/A
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: RM

Multi Family

  • Gross Annual Income: 35100
  • Unit Count: 3
  • Total Multi Family: 15
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4703
  • Mil Rate Base: 60.210
  • Assessor Parcel Number: 1381550

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2023
Sold by
Pelaez Laura C and Roman Uriel
Bought by
Crearth Properties Llc
Current Estimated Value
$319,009

Purchase Details

Listed on
Dec 14, 2020
Closed on
Apr 23, 2021
Sold by
Sleep Reader Mgmt Llc
Bought by
Pelaez Laura C and Hernandez Uriel
Seller's Agent
Amanda Sheehan
Oxford Realty
Buyer's Agent
Akmal Hawash
The Bella Group, LLC
List Price
$179,900
Sold Price
$177,500
Premium/Discount to List
-$2,400
-1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.50%
Original Mortgage
$133,125
Interest Rate
3.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 25, 2013
Closed on
Nov 12, 2013
Sold by
Bank Of New York Mello
Bought by
Sleep Reader Mgmt Llc
Seller's Agent
Richard Gill
Aspen Realty Group
Buyer's Agent
Jennifer Abousada
Connecticut Real Estate Group LLC
List Price
$59,900
Sold Price
$61,000
Premium/Discount to List
$1,100
1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.39%

Purchase Details

Closed on
Apr 19, 2013
Sold by
Austin Cecil
Bought by
Bank Of New York

Purchase Details

Closed on
Dec 28, 2004
Sold by
Plourde William and Plourde Nancy A
Bought by
Austin Cecil
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Crearth Properties Llc -- None Available
Pelaez Laura C $177,500 None Available
Sleep Reader Mgmt Llc -- --
Bank Of New York $176,000 --
Austin Cecil $176,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pelaez Laura C $133,125
Previous Owner Austin Cecil $215,000
Previous Owner Austin Cecil $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2021 04/23/21 Sold $177,500 0.0% $56 / Sq Ft
03/13/2021 03/13/21 Off Market $177,500 -- --
01/25/2021 01/25/21 Pending -- -- --
01/04/2021 01/04/21 Price Changed $187,500 +4.2% $59 / Sq Ft
12/14/2020 12/14/20 For Sale $179,900 +194.9% $56 / Sq Ft
11/08/2013 11/08/13 Sold $61,000 +1.8% $19 / Sq Ft View Prior Sale
10/18/2013 10/18/13 Pending -- -- --
07/25/2013 07/25/13 For Sale $59,900 -- $19 / 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 $6,987 $155,330 $12,320 $143,010
2024 $7,680 $155,330 $12,320 $143,010
2023 $8,417 $155,330 $12,320 $143,010
2022 $4,703 $78,110 $12,350 $65,760
2021 $4,703 $78,110 $12,350 $65,760
2020 $4,703 $78,110 $12,350 $65,760
2019 $4,703 $78,110 $12,350 $65,760
2018 $4,703 $78,110 $12,350 $65,760
2017 $4,754 $78,950 $12,350 $66,600
2016 $4,754 $78,950 $12,350 $66,600
2015 $4,596 $78,950 $12,350 $66,600
2014 $4,596 $78,950 $12,350 $66,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170360763

SmartMLS

APN: WATE-000277-000582-000129