NOT LISTED FOR SALE

Estimated Value: $496,000 - $716,000

5 Beds
3 Baths
3,948 Sq Ft
$153/Sq Ft Est. Value

Last Sold June 01, 2017

Last sale price $315,000 $80 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $3,942/month

71 Days on Market

Highlights

  • Health Club
  • Public Water Access
  • Deck
  • Golf Course Community
  • Medical Services
  • 3-minute walk to Academy Hill Green

About This Home

As of June 2017

Great investment property or owner occupied 3 family on beautiful corner level lot in the Historical Academy Hill neighborhood and adjacent to the Shakespeare Theatre. Income producing machine with all major repairs done with in the last 10 years. Newer siding, windows,roof, 3 gas furnaces, hot water heaters and more. The house is set up like a duplex, one side offers 2 remodeled apartments 3 rms, at $1000 per month and 4 rrms at $1300 per month The other side is a town house style 4 rms at $975 per month. The property also offer a 2 car gar. for additional rental income. This is a great opportunity, the seller has owned this property for over 30 years. Be the next owner and invest in that Shakespeare Theatre Development. Its coming!!!

Last Agent to Sell the Property

Nina Nyrop

RE/MAX Right Choice License #RES.0503872 Listed on: 02/20/2017

RE/MAX Right Choice

Co-Listed By

Tracey Jefferson

eXp Realty License #RES.0756030

Last Buyer's Agent

Ken Simon

RE/MAX One License #RES.0799084

RE/MAX One

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,882

Year Built

  • Built in 1860

Lot Details

  • 9,583 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

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

Interior Spaces

  • Storage In Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Basement Hatchway

Parking

  • 2 Car Detached Garage
  • Parking Deck

Outdoor Features

  • Public Water Access
  • Walking Distance to Water
  • Deck
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a golf course

Utilities

  • Heating System Uses Natural Gas

Community Details

Amenities

  • Medical Services
  • Public Transportation

Recreation

  • Golf Course Community
  • Health Club
  • Community Playground
  • Park

Additional Features

  • 3 Units
  • Gross Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,882

Year Built

Built in 1860

Lot Details

0

Listing Details

  • Neighborhood: Academy Hill
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Sq Ft Est Heated Above Grade: 2600
  • Public Record Living Room Sq Ft: 2600
  • Sq Ft Est Heated Below Grade: 1348
  • Total Sq Ft: 3948
  • Year Built: 1860
  • Nearby Amenities: Golf Course, Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Public Transportation, Shopping/Mall
  • Association Amenities: Golf Course, Health Club, Medical Facilities, Park, Playground/Tot Lot
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 4081
  • Directions: Corner of Elm Street and Stratford Ave
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Storage Space
  • Basement Description: Full, Hatchway Access
  • Attic: Yes
  • Street Number Modifier: 1892

Exterior Features

  • Exterior Features: Deck, Gutters, Lighting
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Masonry
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water, Water Community
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2

Utilities

  • Heat Fuel Type: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Usage Fee Annual: 1200

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.2200
  • Lot Description: Corner Lot, Level Lot
  • Zoning: RS-3

Multi Family

  • Gross Annual Income: 39000
  • Net Operating Income: 22924
  • Unit Count: 3
  • Total Multi Family: 11
  • Total Num Of Units: 3
  • Total Unit Count: 3

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 7882
  • Total Assessed Value: 202160
  • Mil Rate Base: 38.990
  • Mil Rate Total: 38.990
  • Assessor Parcel Number: 367875

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2017
Sold by
Brunson Paul A
Bought by
1892 & 94 Elm Street Llc
Current Estimated Value
$604,333

Purchase Details

Listed on
Feb 20, 2017
Closed on
Jun 1, 2017
Sold by
Kendrick Richard D
Bought by
Brunson Paul A
Seller's Agent
Nina Nyrop
RE/MAX Right Choice
Buyer's Agent
Ken Simon
RE/MAX One
List Price
$325,000
Sold Price
$315,000
Premium/Discount to List
-$10,000
-3.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Original Mortgage
$321,772
Interest Rate
3.97%
Mortgage Type
VA
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
1892 & 94 Elm Street Llc -- --
Brunson Paul A $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brunson Paul A $321,772
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2017 06/01/17 Sold $315,000 -3.1% $80 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
02/20/2017 02/20/17 For Sale $325,000 -- $82 / 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 $8,698 $216,370 $81,060 $135,310
2024 $8,698 $216,370 $81,060 $135,310
2023 $8,698 $216,370 $81,060 $135,310
2022 $8,538 $216,370 $81,060 $135,310
2021 $8,540 $216,370 $81,060 $135,310
2020 $8,577 $216,370 $81,060 $135,310
2019 $8,060 $202,160 $76,440 $125,720
2018 $7,614 $190,820 $76,440 $114,380
2017 $8,080 $202,160 $76,440 $125,720
2016 $7,882 $202,160 $76,440 $125,720
2015 $7,476 $202,160 $76,440 $125,720
2014 $7,223 $202,720 $78,330 $124,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99174792

SmartMLS

APN: STRA-000508-000005-000017