NOT LISTED FOR SALE

Estimated Value: $507,000 - $606,000

4 Beds
2 Baths
2,304 Sq Ft
$243/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $280,000 $122 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $3,382/month

13 Days on Market

Highlights

  • Golf Course Community
  • Above Ground Pool
  • Wood Flooring
  • Cumberland High School Rated 9+
  • 0.46 Acre Lot
  • Attic

About This Home

As of November 2018

Rare opportunity for investor or owner occupied to own an oversized multi-family on a 1/2 acre fenced lot in Cumberland! First floor has large eat-in kitchen with large bonus room that could be used for an additional living room or converted to a master suite. 2-3 additional bedrooms all of good size and a full bathroom. Second level similar to first floor with large eat-in kitchen and large bonus room. 2-3 additional bedrooms and full bathroom. Third floor walk-up has 4 large additional partially finished rooms that could be used to convert second floor to a townhouse style unit or used for additional storage or easily convertible for additional living space. Roof is 1-layer and 8 years old and both heating systems were replaced 2 years ago. All windows are Anderson replacement windows completed 2 years ago. Outside has a gated concrete patio and a detached 2-car garage for additional rental income or storage. The property also features an above ground pool that is 4 years old and has a new liner, pump and filter. There is also a shed and the remainder of the 20,000 square foot lot is fenced for the ultimate in back-yard multi-family privacy. Plenty of off-street paved parking and driveway access.

Last Agent to Sell the Property

Ron Mercurio

RE/MAX Preferred Listed on: 10/17/2018

RE/MAX Preferred

Last Buyer's Agent

Jason Pacheco

Century 21 Limitless License #REB.0019358

Century 21 Limitless

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,708

Year Built

  • Built in 1860

Lot Details

  • 0.46 Acre Lot
  • Fenced

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Aluminum Siding
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 2,304 Sq Ft Home
  • 3-Story Property
  • Permanent Attic Stairs
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Unfinished Basement

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

Pool

  • Above Ground Pool

Utilities

  • No Cooling
  • Heating System Uses Gas
  • Baseboard Heating
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 38
  • Assessor Parcel Number 165DEXTERSTCUMB

Community Details

Overview

  • 4 Units
  • Valley Falls Subdivision

Amenities

  • Public Transportation

Recreation

  • Golf Course Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,708

Year Built

Built in 1860

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.46
  • Subdivision Name: Valley Falls
  • Above Grade Finished Sq Ft: 2304.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1860
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 1
  • Appliances: Dishwasher, Gas Water Heater, Water Heater
  • Has Basement: Full, Interior Entry, Unfinished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Vinyl
  • Interior Amenities: Attic, Permanent Attic Stairs, Tub Shower
  • Stories: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Fencing: Fenced
  • Pool Features: Above Ground
  • Construction Type: Plaster, Aluminum Siding
  • Exterior Features: Paved Driveway
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Garage Door Opener
  • Total Parking Spaces: 8.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Electricity On Property: Yes
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Community Features: Golf, Highway Access, Public Transportation
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 20000.0
  • Parcel #: 165DEXTERSTCUMB
  • Zoning: R1
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3708.0
  • Tax Lot: 38
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2018
Closed on
Nov 30, 2018
Sold by
Piasecki Frederick J Est
Bought by
Seixas Kevin and Lopes Kristina
Seller's Agent
Ron Mercurio
RE/MAX Preferred
Buyer's Agent
Jason Pacheco
Century 21 Limitless
List Price
$299,900
Sold Price
$280,000
Premium/Discount to List
-$19,900
-6.64%
Current Estimated Value
$559,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,599
Avg. Annual Appreciation
10.65%
Original Mortgage
$266,000
Outstanding Balance
$234,352
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$325,247

Purchase Details

Closed on
Sep 6, 1977
Bought by
Piasecki Fred J and Piasecki Rose A
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
Seixas Kevin $280,000 --
Piasecki Fred J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seixas Kevin $266,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $280,000 -6.6% $122 / Sq Ft
10/31/2018 10/31/18 Pending -- -- --
10/17/2018 10/17/18 For Sale $299,900 -- $130 / 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
2025 $4,977 $405,600 $153,200 $252,400
2024 $4,847 $405,600 $153,200 $252,400
2023 $4,713 $405,600 $153,200 $252,400
2022 $3,668 $244,700 $107,200 $137,500
2021 $3,607 $244,700 $107,200 $137,500
2020 $3,504 $244,700 $107,200 $137,500
2019 $3,448 $217,100 $89,500 $127,600
2018 $376 $217,100 $89,500 $127,600
2017 $3,302 $217,100 $89,500 $127,600
2016 $3,191 $186,800 $81,500 $105,300
2015 $3,191 $186,800 $81,500 $105,300
2014 $2,340 $186,800 $81,500 $105,300
2013 $3,080 $195,200 $81,200 $114,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1207333

State-Wide MLS

APN: CUMB-000007-000038-000000