NOT LISTED FOR SALE

Estimated Value: $153,000 - $221,000

-- Bed
2 Baths
1,800 Sq Ft
$103/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $159,000 $88 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,071/month

16 Days on Market

Highlights

  • Traditional Architecture
  • More Than Two Accessible Exits
  • Radiator
  • Dupont (H.B.) Middle School Rated A
  • Property is in very good condition
  • 1-minute walk to William Judy Johnson Memorial Park

About This Home

As of August 2022

This two unit building has separate exterior entrances to each apartment. New boilers we installed in 2018. 1st floor completely renovated in 07/2022. 1st floor unit is renting as a 1-BR for $930/mo. Previously, had rented as a 2-BR. Upstairs unit has 2-BR and is renting for $750/mo. Lease expires 01/23. At that time, raising the rent to $1,000/mo is reasonable. Tenants pay their own gas & electric. Owner pays water and sewer. This property is zoned 26R-3. A non-conforming use variance is in place and requires a renewal every two years. PROPERTY IS BEING SOLD AS-IS CONDITION. BUILDING INSPECTION SHOULD BE CONDUCTED PRIOR TO SUBMITTING AN OFFER. INSPECTIONS ARE FOR INFORMATIONAL USE ONLY.

Last Listed By

Bruno Caputo

BHHS Fox & Roach-Concord License #R3-0004538 Listed on: 07/12/2022

BHHS Fox & Roach-Concord

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $732

Year Built

  • Built in 1890 | Remodeled in 2022

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 16.00 x 100.00
  • Property is in very good condition

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Combination Foundation

Interior Spaces

  • 1,800 Sq Ft Home
  • Laminate Flooring
  • Basement

Kitchen

  • Gas Oven or Range
  • Range Hood

Parking

  • On-Street Parking
  • Unassigned Parking

Accessible Home Design

  • More Than Two Accessible Exits

Utilities

  • Radiator
  • Natural Gas Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • The owner pays for sewer, real estate taxes, personal property taxes, water
  • Tax Lot 033
  • Assessor Parcel Number 26-027.30-033

Community Details

Overview

  • 2 Units
  • 2-Story Building

Building Details

  • Insurance Expense $762
  • Gross Income $1,680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$732

Year Built

Built in 1890 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: TENANTS PERSONAL BELONGINGS
  • Historic: No
  • Home Warranty: No
  • Inclusions: REFRIGERATOR AND GAS RANGE IN EACH APARTMENT
  • New Construction: No
  • Expected On Market: 2022-07-14
  • Year Built: 1890
  • Year Renovated: 2022
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: This two unit building has separate exterior entrances to each apartment. New boilers we installed in 2018. 1st floor completely renovated in 07/2022. 1st floor unit is renting as a 1-BR for $930/mo. Previously, had rented as a 2-BR. Upstairs unit has 2-BR and is renting for $750/mo. Lease expires 01/23. At that time, raising the rent to $1,000/mo is reasonable. Tenants pay their own gas & electric. Owner pays water and sewer. This property is zoned 26R-3. A non-conforming use variance is in place and requires a renewal every two years. PROPERTY IS BEING SOLD AS-IS CONDITION. BUILDING INSPECTION SHOULD BE CONDUCTED PRIOR TO SUBMITTING AN OFFER. INSPECTIONS ARE FOR INFORMATIONAL USE ONLY.
  • Special Features: NewHome

Interior Features

  • Appliances: Range Hood, Oven/Range - Gas, Refrigerator
  • Flooring Type: Laminate Plank
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Other
  • Room Count: 9
  • Basement: Yes
  • Basement Type: Combination
  • Total Sq Ft: 1800
  • Living Area Sq Ft: 1800
  • Price Per Sq Ft: 91.61
  • Above Grade Finished Sq Ft: 1800
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1607

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Roof: Unknown
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Unassigned
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: RED CLAY CONSOLIDATED
  • School District Key: 300200396545
  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 14000.00
  • Land Assessed Value: 2000.00
  • Lot Size Acres: 0.04
  • Lot Dimensions: 16.00 x 100.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1742.00
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: 26R-3
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Yearly
  • Ground Rent Exists: No
  • Owner Pays: Sewer, Taxes - Real Estate, Taxes - Personal Property, Water
  • Rent Control: No
  • Total Actual Rent: 1680.00
  • Units Leased Count: 2
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 2403784
  • School Tax: 395.00
  • Tax Annual Amount: 732.00
  • Assessor Parcel Number: 26-027.30-033
  • Tax Lot: 033
  • Tax Total Finished Sq Ft: 1800
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 08/23/2022

Multi Family

  • Gross Scheduled Income: 1680.00

MLS Schools

  • School District Name: RED CLAY CONSOLIDATED

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2024
Sold by
Nova Venture Corporation
Bought by
Eden Investment Group Llc
Total Days on Market
16
Current Estimated Value
$185,634

Purchase Details

Listed on
Jul 12, 2022
Closed on
Aug 23, 2022
Sold by
Pasquale J Caouto Revocable Trust
Bought by
Nova Venture Corporation
Seller's Agent
Bruno Caputo
BHHS Fox & Roach-Concord
Buyer's Agent
Sharon Stewart
EXP Realty, LLC
List Price
$164,900
Sold Price
$159,000
Premium/Discount to List
-$5,900
-3.58%
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.84%

Purchase Details

Closed on
Jul 1, 1985
Bought by
Caputo Bruno A and Caputo Pasquale J

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
Eden Investment Group Llc -- None Listed On Document
Nova Venture Corporation $159,000 Parkway Law Llc
Caputo Bruno A $55,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eden Investment Group Llc $157,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2022 08/23/22 Sold $159,000 -3.6% $88 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $164,900 -- $92 / Sq Ft
Source: Bright 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 $499 $16,000 $2,000 $14,000
2023 $434 $16,000 $2,000 $14,000
2022 $436 $16,000 $2,000 $14,000
2021 $435 $16,000 $2,000 $14,000
2020 $438 $16,000 $2,000 $14,000
2019 $759 $16,000 $2,000 $14,000
2018 $1,091 $16,000 $2,000 $14,000
2017 $709 $16,000 $2,000 $14,000
2016 $709 $16,000 $2,000 $14,000
2015 $297 $16,000 $2,000 $14,000
2014 $297 $16,000 $2,000 $14,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DENC2026346

Bright MLS

APN: 26-027.30-033