NOT LISTED FOR SALE

Estimated Value: $341,833 - $403,000

6 Beds
3 Baths
2,820 Sq Ft
$130/Sq Ft Est. Value

Last Sold November 18, 2021

Last sale price $230,000 $82 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,632/month

53 Days on Market

Highlights

  • Finished Attic
  • No HOA
  • 3-minute walk to Bassett Street Community Garden
  • Attic
  • Level Lot

About This Home

As of November 2021

Great opportunity for investor or owner-occupant. Be this building's next recipient of approx. $39,000 Gross Annual Receipts with potential for more.
This lovely 2 family house has a 3rd floor and has had many updates in the last few years including but not limited to heating system, hot water heaters, piping, etc. Albertus Magnus College just steps away and a 5 min drive to College Woods East Rock Park. Tenants will also have access to off-street parking and public transportation. As Is

Last Agent to Sell the Property

Jodi Overton

A1 Prestige Realty Group LLC License #REB.0792775 Listed on: 09/01/2021

Last Buyer's Agent

Erin Connelly

Coldwell Banker Realty License #RES.0799239

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,494

Year Built

  • Built in 1900

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Parking

  • Driveway

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,820 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Finished Attic

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,494

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: Newhallville
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2820
  • Public Record Living Room Sq Ft: 2820
  • Total Sq Ft: 2820
  • Year Built: 1900
  • Remarks Public Addendum: Conventional and Cash only. Will not qualify for FHA.
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 4686
  • Directions: Winchester Ave to Read St
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Finished
  • Basement Description: Full
  • Attic: Yes
  • Street Number Modifier: 20

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway

Utilities

  • Cooling System: Window Unit
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1100
  • Lot Description: Level Lot
  • Zoning: RM1

Multi Family

  • Unit Count: 3
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 4494
  • Total Assessed Value: 102410
  • Mil Rate Base: 43.880
  • Mil Rate Total: 43.880
  • Assessor Parcel Number: 1249163

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
May 26, 2023
Sold by
Ramnarain Shashi
Bought by
20 Read St Llc
Total Days on Market
53
Current Estimated Value
$367,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,000
Outstanding Balance
$228,599
Interest Rate
6.43%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$139,359

Purchase Details

Listed on
Sep 1, 2021
Closed on
Nov 18, 2021
Sold by
20-22 Read St Llc
Bought by
Ramnarain Shashi
Seller's Agent
Jodi Overton
A1 Prestige Realty Group LLC
Buyer's Agent
Erin Connelly
Coldwell Banker Realty
List Price
$279,000
Sold Price
$230,000
Premium/Discount to List
-$49,000
-17.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.15%

Purchase Details

Listed on
Aug 25, 2017
Closed on
Dec 28, 2017
Sold by
Escourse Tamikque
Bought by
2-22 Read St Llc
Seller's Agent
Michelle Mateo
Kaerus Property Group, LLC
Buyer's Agent
Lori Manigo
Manigo Realty Group
List Price
$105,000
Sold Price
$97,200
Premium/Discount to List
-$7,800
-7.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.76%

Purchase Details

Listed on
Aug 25, 2017
Closed on
Nov 6, 2017
Sold by
Department Of Housing & Urban Dev
Bought by
Escourse Tamikque
Seller's Agent
Michelle Mateo
Kaerus Property Group, LLC
Buyer's Agent
Lori Manigo
Manigo Realty Group
List Price
$105,000
Sold Price
$97,200
Premium/Discount to List
-$7,800
-7.43%

Purchase Details

Closed on
Aug 10, 2017
Sold by
Jp Morgan Chase Bank N
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
Jan 22, 2014
Sold by
Johnson Victoria A and Metlife Home Loans
Bought by
Metlife Home Loans
Source: Public Records

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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
20 Read St Llc -- None Available
20 Read St Llc -- None Available
Ramnarain Shashi $230,000 None Available
Ramnarain Shashi $230,000 None Available
2-22 Read St Llc -- --
2-22 Read St Llc -- --
Escourse Tamikque $97,200 --
Escourse Tamikque $97,200 --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Metlife Home Loans -- --
Metlife Home Loans -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 20 Read St Llc $231,000
Closed 20 Read St Llc $231,000
Previous Owner Johnson Victoria A $221,683
Previous Owner Johnson Victoria A $218,407
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2021 11/18/21 Sold $230,000 -11.2% $82 / Sq Ft
10/24/2021 10/24/21 Pending -- -- --
09/30/2021 09/30/21 Price Changed $259,000 -7.2% $92 / Sq Ft
09/01/2021 09/01/21 For Sale $279,000 +187.0% $99 / Sq Ft
11/03/2017 11/03/17 Sold $97,200 -7.4% $25 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
09/21/2017 09/21/17 For Sale $105,000 0.0% $27 / Sq Ft
09/19/2017 09/19/17 Pending -- -- --
09/15/2017 09/15/17 For Sale $105,000 0.0% $27 / Sq Ft
09/07/2017 09/07/17 Pending -- -- --
08/25/2017 08/25/17 For Sale $105,000 -- $27 / 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 $6,891 $178,990 $32,620 $146,370
2023 $6,658 $178,990 $32,620 $146,370
2022 $7,115 $178,990 $32,620 $146,370
2021 $4,494 $102,410 $26,110 $76,300
2020 $4,494 $102,410 $26,110 $76,300
2019 $4,402 $102,410 $26,110 $76,300
2018 $4,717 $109,760 $26,110 $83,650
2017 $4,246 $109,760 $26,110 $83,650
2016 $3,272 $78,750 $11,620 $67,130
2015 $3,272 $78,750 $11,620 $67,130
2014 $3,272 $78,750 $11,620 $67,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170434064

SmartMLS

APN: NHVN-000253-000507-001700