$425,000
SOLD DEC 12, 2024
10 Beds
3 Baths
4,088 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$104 Per Sq Ft

6% Below List Price

58 Days on Market

Highlights

  • Heating System Uses Steam
  • Renzulli Gifted and Talented Academy Rated A-
  • Level Lot

About This Home

As of December 2024

Great investment opportunity to purchase a BRICK, turn-key 3 family property yielding a 25% return at full market rents, which amounts to a yearly net cash flow of $38,000. This property is above market condition overall and features high bed counts, updated electrical, good mechanicals, a NEW ROOF, off street parking and tenant paid utilities. There are 3 oversized units, two 3 bed units and one 4 bed unit. Fully rented.

Last Agent to Sell the Property

Anthony Velez

VC Property Group, LLC License #REB.0795536 Listed on: 09/18/2024

Last Buyer's Agent

Maria Balarezo

Five Stars Realty License #RES.0796825

Five Stars Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,260

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Masonry Siding
  • Masonry

Interior Spaces

  • 4,088 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 597473

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,260

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 4088
  • Total Sq Ft: 4088
  • Year Built: 1900
  • New Construction: No/Resale
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Directions: Call agent
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 4088
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 10
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 191

Exterior Features

  • Exterior Siding: Brick
  • Foundation Type: Masonry
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Brick

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: None
  • Heat Type: Steam
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Upright Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.16
  • Lot Description: Level Lot
  • Zoning: NX-2
  • Parcel #: 597473

Multi Family

  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2024-June 2025
  • Property Tax: 7260
  • Total Assessed Value: 105289
  • Mil Rate Total: 68.95

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2024
Closed on
Dec 12, 2024
Sold by
Spruill Durand
Bought by
Siguencia Jose L
Seller's Agent
Anthony Velez
VC Property Group, LLC
Buyer's Agent
Maria Balarezo
Five Stars Realty
List Price
$449,999
Sold Price
$425,000
Premium/Discount to List
-$24,999
-5.56%
Views
92
Current Estimated Value
$476,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,389
Avg. Annual Appreciation
-0.84%
Original Mortgage
$318,750
Outstanding Balance
$317,636
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$104,574

Purchase Details

Closed on
Nov 3, 2008
Sold by
Nemdharie Jasodra
Bought by
Spruill Durand

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,480
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2007
Sold by
Department Of Housing & Urban Dev
Bought by
Nemdharie Jasodra
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $425,000 None Available
Warranty Deed $425,000 None Available
Warranty Deed $285,600 --
Warranty Deed $285,600 --
Warranty Deed $120,000 --
Warranty Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $318,750 Purchase Money Mortgage
Closed $318,750 Purchase Money Mortgage
Previous Owner $228,260 No Value Available
Previous Owner $228,480 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2024 12/12/24 Sold $425,000 0.0% $104 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
11/04/2024 11/04/24 Price Changed $425,000 -5.6% $104 / Sq Ft
10/11/2024 10/11/24 For Sale $449,999 0.0% $110 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
09/18/2024 09/18/24 For Sale $449,999 -- $110 / 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
2024 $7,260 $105,289 $5,035 $100,254
2023 $7,260 $105,289 $5,035 $100,254
2022 $7,260 $105,289 $5,035 $100,254
2021 $4,550 $61,250 $6,650 $54,600
2020 $4,550 $61,250 $6,650 $54,600
2019 $4,550 $61,250 $6,650 $54,600
2018 $4,397 $59,185 $6,426 $52,759
2016 $4,247 $57,173 $6,120 $51,053
2015 $4,046 $54,457 $5,829 $48,628
2014 $3,947 $53,126 $5,687 $47,439
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24047458

SmartMLS

APN: HTFD-000250-000562-000154