NOT LISTED FOR SALE

Estimated Value: $88,000 - $112,000

4 Beds
1 Bath
1,114 Sq Ft
$88/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $74,000 $66 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $618/month

About This Home

INVESTORS Alert! This PACKAGE is 300K with CAP RATE 11-12% and includes FOUR 4 bedroom 1 bath homes with rental income $46,200/yr: [504 HILTON- 1K/mo, 1828 CORNWALL- $925/mo on a month to month, 533 E WESTMORELAND- $1,050/mo thu 1/2024, and 2840 N MASCHER- $875/mo on a month to month) Cornwall is a 4 bedroom, 1 bath, 2 story brick front home in good condition. Roof coated on 3/2019. Home has hardwood floors throughout. Formal front living room and rear kitchen with updated cabinets. Appliances included. There is access from the kitchen to the yard and full sized unfinished basement. Basement includes a washer and dryer. The 1st floor has 1 bedroom and 2nd floor has 3 additional bedrooms with a shared hall bath. Gas heat, forced hot air heat, no central air, and low taxes. Tenants pay for all utilities including water. It is located close to shopping and public transportation. All appliances as-is. This is a Package Purchase. Showings for all by appointment ONLY on Wednesdays and Saturdays via appointment desk. Property will not be delivered vacant.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2022
Closed on
Mar 22, 2022
Sold by
Lawall and Joann
Bought by
Pairo Thomas F and Vega Ruben M
Seller's Agent
Christopher Somers
KW Empower
Buyer's Agent
Barbara Nevitt
Coldwell Banker Realty
List Price
$80,000
Sold Price
$74,000
Premium/Discount to List
-$6,000
-7.5%
Current Estimated Value
$97,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,958
Avg. Annual Appreciation
7.27%
Original Mortgage
$60,000
Outstanding Balance
$56,112
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$41,997

Purchase Details

Closed on
Dec 13, 2004
Sold by
Sfjv-2002-1 Llc
Bought by
Reo Management 2002 Inc

Purchase Details

Closed on
Mar 15, 2004
Sold by
Collazo Reinaldo
Bought by
Sfjv-2002-1 Llc

Purchase Details

Closed on
May 14, 2001
Sold by
Burns Patricia J
Bought by
Collazo Reinaldo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,066
Interest Rate
7.05%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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ICE

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Average Value
Not Available
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
Pairo Thomas F $75,000 First American Title
Reo Management 2002 Inc $23,991 --
Sfjv-2002-1 Llc $4,200 --
Collazo Reinaldo $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pairo Thomas F $60,000
Previous Owner Collazo Reinaldo $29,066
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/25/2022 03/25/22 Sold $74,000 -7.5% $66 / Sq Ft View Prior Sale
02/25/2022 02/25/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $80,000 -- $72 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --

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
2026 $1,138 $83,500 $16,700 $66,800
2025 $1,138 $83,500 $16,700 $66,800
2024 $1,138 $83,500 $16,700 $66,800
2023 $1,138 $81,300 $16,200 $65,100
2022 $764 $81,300 $16,200 $65,100
2021 $764 $0 $0 $0
2020 $764 $0 $0 $0
2019 $710 $0 $0 $0
2018 $791 $0 $0 $0
2017 $791 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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