NOT LISTED FOR SALE

Estimated Value: $503,000 - $634,000

6 Beds
3 Baths
2,400 Sq Ft
$247/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $500,000 $208 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,671/month

5 Days on Market

Highlights

  • Property is near public transit
  • Tennis Courts
  • Jogging Path
  • Community Pool
  • Gazebo
  • Storm Windows

About This Home

As of October 2022

You won't want to miss this very well maintained three-unit property located in the Green Island / Canal district Neighborhood. Perfect for investors or owner occupant. All apartment units have been renovated over the past few years and feature updated kitchens, bathrooms, flooring, and fresh paint throughout. Basement offers plenty of storage space and laundry hook-ups for all apartments. Current tenants have taken good care of their living spaces and it shows. Plenty of off-street parking, which can easily accommodate 6+ vehicles. Centrally located, you are within minutes of Canal District, Polar Park, Crompton Park, public transportation, 290I highway Access and all types of businesses and entertainment amenities nearby.

Last Agent to Sell the Property

Jackson Restrepo

Property Investors & Advisors, LLC Listed on: 07/07/2022

Last Buyer's Agent

Mikeoll Echeverria

Property Investors & Advisors, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,730

Year Built

  • Built in 1890

Lot Details

  • 5,082 Sq Ft Lot
  • Fenced

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • Insulated Windows
  • Tile Flooring
  • Storm Windows

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Gazebo

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • Heating Available
  • 110 Volts
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,800
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Legal Lot and Block 00002 / 025
  • Assessor Parcel Number M:05 B:025 L:00002,1766090

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $45,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,730

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1890
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile, Unit 1(undefined), Unit 2(Tile Floor), Unit 3(Tile Floor)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 3(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Gas Dryer, Utility Connections for Electric Dryer
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Laundry Room, Washer Hookup
  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Living Area: 2400
  • Stories Total: 6
  • Window Features: Insulated Windows, Storm Window(s)
  • MAIN LO: AN6259
  • MAIN SO: AN6259

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone, Brick/Mortar
  • Other Structures: Gazebo
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Gas Dryer, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC)
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
  • Cooling Y N: Yes
  • Electric: 110 Volts
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, House of Worship, Public School, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Lot Info

  • Parcel Number: M:05 B:025 L:00002,1766090
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5082
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Varies per Unit

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4730
  • Tax Block: 025
  • Tax Lot: 00002

Multi Family

  • Net Operating Income: 45600
  • Number Of Units Total: 3
  • Total Actual Rent: 3800
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Oct 14, 2022
Sold by
Nogueira Norberto and Grecchia Greta
Bought by
Chacon Elvin E
Seller's Agent
Jackson Restrepo
Property Investors & Advisors, LLC
Buyer's Agent
Mikeoll Echeverria
Property Investors & Advisors, LLC
List Price
$485,000
Sold Price
$500,000
Premium/Discount to List
$15,000
3.09%
Current Estimated Value
$591,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,604
Avg. Annual Appreciation
5.49%
Original Mortgage
$483,312
Outstanding Balance
$462,616
Interest Rate
5.66%
Mortgage Type
FHA
Estimated Equity
$128,988

Purchase Details

Closed on
Jul 12, 2019
Sold by
Grecchi Greta
Bought by
Grecchi Greta and Nogueira Norberto

Purchase Details

Listed on
Feb 28, 2018
Closed on
Apr 10, 2018
Sold by
20 Perry Avenue Rt and Gilson
Bought by
Grecchi Greta
Seller's Agent
James Black
Real Broker MA, LLC
Buyer's Agent
David Karam
Next Move Realty
List Price
$239,900
Sold Price
$255,000
Premium/Discount to List
$15,100
6.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.61%
Original Mortgage
$250,381
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 2015
Sold by
Gilson Michelle and Gilson Gregory
Bought by
20 Perry Avenue Rt and Gilson

Purchase Details

Closed on
Apr 16, 2015
Sold by
20 Perry Avenue Rt and Gilson
Bought by
Gilson Gregory and Gilson Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2012
Sold by
Gilson Gregory and Gilson Michelle
Bought by
20 Perry Avenue Rt

Purchase Details

Closed on
Apr 28, 2010
Sold by
Stefanow Peter
Bought by
Gilson Gregory and Gilson Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,250
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chacon Elvin E $500,000 None Available
Grecchi Greta -- --
Grecchi Greta $255,000 --
20 Perry Avenue Rt -- --
Gilson Gregory -- --
20 Perry Avenue Rt -- --
20 Perry Avenue Rt -- --
Gilson Gregory $147,000 --
Gilson Gregory $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chacon Elvin E $483,312
Previous Owner Grecchi Greta $250,381
Previous Owner Gilson Gregory $106,000
Previous Owner Gilson Gregory $110,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/14/2022 10/14/22 Sold $500,000 +3.1% $208 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
07/07/2022 07/07/22 For Sale $485,000 +90.2% $202 / Sq Ft
04/10/2018 04/10/18 Sold $255,000 +6.3% $106 / Sq Ft View Prior Sale
03/09/2018 03/09/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $239,900 -- $100 / 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 $6,666 $505,400 $81,900 $423,500
2024 $6,166 $448,400 $81,900 $366,500
2023 $5,431 $378,700 $71,200 $307,500
2022 $4,730 $311,000 $57,000 $254,000
2021 $4,184 $257,000 $45,600 $211,400
2020 $3,891 $228,900 $45,300 $183,600
2019 $3,872 $215,100 $39,500 $175,600
2018 $2,956 $156,300 $39,500 $116,800
2017 $2,797 $145,500 $39,500 $106,000
2016 $2,622 $127,200 $28,600 $98,600
2015 $2,553 $127,200 $28,600 $98,600
2014 $2,485 $127,200 $28,600 $98,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73008213

MLS Property Information Network (MLS PIN)

APN: WORC-000005-000025-000002