NOT LISTED FOR SALE

Estimated Value: $746,000 - $1,181,000

5 Beds
3 Baths
2,665 Sq Ft
$363/Sq Ft Est. Value

Last Sold July 06, 2021

Last sale price $824,000 $309 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,939/month

5 Days on Market

About This Home

As of July 2021

First time on market. Wow! New construction built in 2018. Spacious and pristine two family perfectly located on a nice residential street. Bright & airy first level features an open floor plan, two ample bedrooms, hardwood floors, and stainless steel appliances. Second unit encompasses two inviting open floors boasting a large outdoor deck perfect for entertaining, space for a possible home office or den, three plus bedrooms, and a tastefully finished upper floor with bath that can be used as an amazing Master Bedroom Suite, game room, or additional family room. Full high ceiling basement is ready to be finished. All separate utilities, plenty of off street parking, and current below market rents, makes this an outstanding value for a homeowner or investor. Walk to shopping, local amenities, and public transportation. No private showings. Shown this weekend at open houses ONLY on Saturday & Sunday from 12-1:30 PM. Offers due on Monday, May 17 by 5 PM with a 24 hour expiration please.

Last Agent to Sell the Property

Chuck Andre

RE/MAX Andrew Realty Services Listed on: 05/13/2021

RE/MAX Andrew Realty Services

Last Buyer's Agent

Norman Poggio

Skylimit Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,466

Year Built

  • Built in 2018

Lot Details

  • 4,356

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Additional Features

  • Deck
  • Year Round Access
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:054 B:210 L:046

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,466

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 262.63
  • Comp Based On: Net Sale Price
  • Year Built: 2018
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 2018

Interior Features

  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 12
  • Basement: Y
  • Basement Features: Full, Walk Out, Interior Access
  • Main Lo: AC2354
  • Main So: AN3959
  • Estimated Sq Ft: 2665.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Deck, Deck - Wood
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 6

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Utility Connections: for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Medical Facility, Private School, Public School
  • Hea Common: Forced Air, Gas

Lot Info

  • Assessments: 743500.00
  • Acre: 0.10
  • Lot Size: 4260.00
  • Parcel Number: M:054 B:210 L:046
  • Zoning: R4
  • Lot Description: Paved Drive, Fenced/Enclosed, Level

Multi Family

  • Total Levels: 3
  • Total Rent: 3500
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 9688.00
  • Assessor Parcel Number: 1991559
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2021
Closed on
Jul 2, 2021
Sold by
Minchella Michael
Bought by
Lopez Alvaro
Seller's Agent
Chuck Andre
RE/MAX Andrew Realty Services
Buyer's Agent
Norman Poggio
Skylimit Real Estate LLC
List Price
$699,900
Sold Price
$824,000
Premium/Discount to List
$124,100
17.73%
Current Estimated Value
$966,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,100
Avg. Annual Appreciation
3.66%
Original Mortgage
$774,709
Outstanding Balance
$699,873
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$266,227

Purchase Details

Closed on
Jul 11, 2019
Sold by
Minchella Nello Est and Minchella
Bought by
Minchella Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2015
Sold by
Minchella Nello and Chadbourne Destinie
Bought by
Minchella Nello

Purchase Details

Closed on
Jul 24, 2003
Sold by
Chadbourne Destinie and Monchella Nello
Bought by
Minchella Nello

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.27%

Purchase Details

Closed on
Dec 29, 1998
Sold by
Marengi Paul H
Bought by
Minchella Nello

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,959
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 1997
Sold by
Cashman Lois M
Bought by
Marengi Paul H
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
Lopez Alvaro $824,000 None Available
Minchella Michael $310,000 --
Minchella Nello -- --
Minchella Nello -- --
Minchella Nello -- --
Minchella Nello $79,959 --
Minchella Nello $79,959 --
Marengi Paul H $69,000 --
Marengi Paul H $69,000 --
Marengi Paul H $69,000 --
Marengi Paul H $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Alvaro $774,709
Previous Owner Minchella Michael $232,500
Previous Owner Minchella Nello $100,000
Previous Owner Marengi Paul H $108,000
Previous Owner Minchella Nello $79,959
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2021 07/06/21 Sold $824,000 +17.7% $309 / Sq Ft
05/18/2021 05/18/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $699,900 -- $263 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $10,466 $1,010,266 $191,400 $818,866
2024 $9,888 $939,000 $179,900 $759,100
2023 $9,994 $896,300 $174,300 $722,000
2022 $10,188 $819,600 $161,500 $658,100
2021 $9,688 $743,500 $155,000 $588,500
2020 $8,876 $662,400 $136,600 $525,800
2019 $6,349 $444,000 $111,800 $332,200
2018 $4,327 $285,600 $92,900 $192,700
2017 $3,819 $244,800 $78,800 $166,000
2016 $3,513 $217,100 $70,200 $146,900
2015 $3,286 $196,200 $65,500 $130,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72830808

MLS Property Information Network (MLS PIN)

APN: LYNN-000054-000210-000046