NOT LISTED FOR SALE
8 Beds
6 Baths
2,855 Sq Ft
5,663 Sq Ft Lot

Sale Details

Date Sold: October 13, 2016

Last sale price $530,000 $186 Per Sq Ft

73 Days on Market

About This Home

As of October 2016

Six unit multi-family on the corner of Blynman Ave and Centennial Ave located just 1/4 mile from Stacey Boulevard and Stage Fort Park. Two 2-bedroom units and four 1-bedroom units. 100% leased with NOI over $40,000. New asphalt shingle roof 2014 and newer heating system. Storage shed and off-street parking at rear of property. This property can also be purchased as part of a portfolio of multi-family properties. Ask agent for details.

Last Agent to Sell the Property

Fred Newton

Sovereign Realty Advisors, LLC Listed on: 06/19/2016

Last Buyer's Agent

AJ Migonis

Vadala Real Estate

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Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Lot Description: Corner, Paved Drive
  • Property Type: Multi-family
  • Lead Paint: Unknown
  • Insc: 3948
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 12
  • Amenities: Public Transportation, Shopping, Park, Laundromat
  • Electric: 110 Volts, Circuit Breakers
  • Flooring: Wall to Wall Carpet, Laminate
  • Basement: Crawl
  • Total Levels: 5

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Masonite
  • Exterior Features: Storage Shed
  • Foundation: Granite
  • Beach: Ocean
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Hot Water: Oil
  • Utility Connections: for Gas Range, for Gas Oven
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 240
  • Sewer: 2014

Condo/Co-op/Association

  • Total Units: 6

Lot Info

  • Zoning: R5

Multi Family

  • Expenses Year End: 06/14
  • Foundation: 36x32
  • Total Bedrooms: 8
  • Total Floors: 14
  • Total Full Baths: 6
  • Total Levels: 4
  • Total Rms: 16
  • Total Rent_1: 5150

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2016
Closed on
Oct 14, 2016
Sold by
Gloucester Collection
Bought by
Seller's Agent
Fred Newton
Sovereign Realty Advisors, LLC
Buyer's Agent
AJ Migonis
Vadala Real Estate
List Price
$555,000
Sold Price
$530,000
Premium/Discount to List
-$25,000
-4.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,000
Interest Rate
3.46%
Mortgage Type
Commercial

Purchase Details

Listed on
Jun 3, 2013
Closed on
Oct 2, 2013
Sold by
C J Mccarthy Rt and Mccarthy
Bought by
Kelly Shawn and Kelly Jacquelin A
Seller's Agent
Bruce Bain
Pinnacle Fine Homes & Investments
Buyer's Agent
Chris Viegaard
Churchill Properties
List Price
$379,999
Sold Price
$300,000
Premium/Discount to List
-$79,999
-21.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.66%
Original Mortgage
$225,000
Interest Rate
4.61%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 1997
Sold by
Stephens Kevin
Bought by
Cj Mccarthy Rt Two and Mccarthy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,800
Interest Rate
7.85%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$530,000 --
Kelly Shawn $300,000 --
Cj Mccarthy Rt Two $176,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $3,000,000
Closed Migonis Andrew J $530,000
Closed -- $514,000
Previous Owner Gloucester Collection $930,000
Previous Owner -- $225,000
Previous Owner C J Mccarthy Rt $252,500
Previous Owner Cj Mccarthy Rt $295,000
Previous Owner C J Mccarthy Rt $30,000
Previous Owner J Mccarthy T C $450,000
Previous Owner J Mccarthy T C $200,000
Previous Owner C J Mccarthy Rt $180,000
Previous Owner Cj Mccarthy Rt Two $140,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/13/2016 10/13/16 Sold $530,000 -4.5% $186 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
07/11/2016 07/11/16 For Sale $555,000 0.0% $194 / Sq Ft
06/27/2016 06/27/16 Pending -- -- --
06/19/2016 06/19/16 For Sale $555,000 -- $194 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,600 $781,900 $141,300 $640,600
2024 $7,416 $762,200 $134,600 $627,600
2023 $7,643 $721,700 $120,200 $601,500
2022 $6,905 $588,700 $104,500 $484,200
2021 $6,719 $540,100 $95,000 $445,100
2020 $6,209 $503,600 $95,000 $408,600
2019 $5,532 $435,900 $95,000 $340,900
2018 $5,299 $409,800 $95,000 $314,800
2017 $4,603 $349,000 $85,600 $263,400
2016 $4,082 $299,900 $85,500 $214,400
2015 $4,094 $299,900 $85,500 $214,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72025628

MLS Property Information Network (MLS PIN)
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