NOT LISTED FOR SALE

Estimated Value: $453,967 - $485,000

8 Beds
3 Baths
3,937 Sq Ft
$119/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $450,000 $114 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,351/month

272 Days on Market

Highlights

  • Property is near public transit
  • Balcony
  • Public Transportation
  • Attic
  • Porch
  • Private Driveway

About This Home

As of June 2024

Are you tired of being outbid?? An amazing opportunity to owner occupy this 3 family and create dream space. Purchase Price of $470k and ARV of $495k depending on the finishes you choose. This property has much of it's original charm with stained glass window, solid 6 panel wood doors, 2nd floor balcony, beautiful staircases and woodwork. This 3 unit asset is 3937 SF & has tenant paid utilities. This asset has no arrears. Unit 1 has 3 bedrooms/1 bathroom and is rented for $1535 with lease expiration of 10/31/23. Unit 2 has 3 bedrooms/1 bathroom and is ready for occupancy. Unit 3 has 2 bedrooms/1 bathroom and is rented for $1200 to a long-term tenant of 7 years that is currently M2M. This home is great for someone looking to reap the benefits of sweat equity doing the work themselves, handy persons, OR eligible for a 203 k Rehab Loan, Fix & Hold Loan OR the Home Run Program. AGENTS PLEASE READ AGENT to AGENT REMARKS! Properties to be Sold As-Is, Where-Is. Inspections for Informational Purposes Only

Last Agent to Sell the Property

Lisa Cozzi

Century 21 AllPoints Realty License #REB.0789668 Listed on: 06/09/2023

Century 21 AllPoints Realty

Co-Listed By

Chantal Lallier

Century 21 AllPoints Realty License #RES.0824820

Last Buyer's Agent

Matthew Egan

Regency Real Estate, LLC License #REB.0795086

Regency Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,895

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,937 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Car Garage
  • Private Driveway

Outdoor Features

  • Balcony
  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Oil Water Heater

Community Details

  • 3 Units
  • Public Transportation
  • Gross Income $53,820

Listing and Financial Details

  • Assessor Parcel Number 1257862

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,895

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3937
  • Total Sq Ft: 3937
  • Year Built: 1900
  • New Construction: No/Resale
  • Nearby Amenities: Medical Facilities, Playground/Tot Lot, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 6322
  • Directions: GPS friendly
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 3937
  • Spec Assoc Asses: No
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: Full
  • Attic: Yes
  • Street Number Modifier: 208

Exterior Features

  • Exterior Features: Balcony, Gutters, Lighting, Porch, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Driveway Type: Private
  • Garage And Parking: Detached Garage, Driveway, Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Natural Gas, Oil
  • Water Source: Public Water Connected, Public Water In Street
  • Sewer: Public Sewer Connected, Public Sewer In Street

Schools

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

Lot Info

  • Acres: 0.15
  • Lot Description: Level Lot
  • Zoning: RM1
  • Parcel #: 1257862

Multi Family

  • Gross Annual Income: 53820
  • Net Operating Income: 35144
  • Total Number Of Units: 3
  • Unit Count: 3

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 8895
  • Total Assessed Value: 239120
  • Mil Rate Total: 37.2

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
Jun 9, 2023
Closed on
Jun 28, 2024
Sold by
Ocean 60 Llc
Bought by
Offutt Adam
Seller's Agent
Lisa Cozzi
Century 21 AllPoints Realty
Buyer's Agent
Matthew Egan
Regency Real Estate, LLC
List Price
$540,000
Sold Price
$450,000
Premium/Discount to List
-$90,000
-16.67%
Views
377
Current Estimated Value
$467,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,742
Avg. Annual Appreciation
3.75%
Original Mortgage
$427,500
Outstanding Balance
$424,284
Interest Rate
7.02%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$43,458

Purchase Details

Closed on
Mar 28, 2016
Sold by
56-58 Avon Street Llp
Bought by
Adama Real Est Hld Llc

Purchase Details

Closed on
Jan 26, 2009
Sold by
Wells Fargo Bank Na
Bought by
56-58 Avon Street Llc

Purchase Details

Closed on
Sep 28, 1998
Sold by
Gold Joshua C
Bought by
Perry Mattie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,178
Interest Rate
6.87%
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 Buyer Sale Price Title Company
Offutt Adam $450,000 None Available
Adama Real Est Hld Llc -- --
56-58 Avon Street Llc $150,000 --
Perry Mattie R $118,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Offutt Adam $427,500
Previous Owner Perry Mattie R $107,500
Previous Owner Perry Mattie R $117,178
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $450,000 -4.3% $114 / Sq Ft
03/07/2024 03/07/24 Pending -- -- --
01/30/2024 01/30/24 Price Changed $470,000 -1.1% $119 / Sq Ft
12/01/2023 12/01/23 Price Changed $475,000 -1.0% $121 / Sq Ft
10/13/2023 10/13/23 Price Changed $480,000 -3.0% $122 / Sq Ft
09/08/2023 09/08/23 Price Changed $495,000 -4.8% $126 / Sq Ft
07/18/2023 07/18/23 Price Changed $520,000 -3.7% $132 / Sq Ft
06/09/2023 06/09/23 For Sale $540,000 -- $137 / 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 $9,206 $239,120 $48,720 $190,400
2023 $8,895 $239,120 $48,720 $190,400
2022 $9,505 $239,120 $48,720 $190,400
2021 $6,976 $158,970 $42,000 $116,970
2020 $6,976 $158,970 $42,000 $116,970
2019 $6,833 $158,970 $42,000 $116,970
2018 $6,833 $158,970 $42,000 $116,970
2017 $6,149 $158,970 $42,000 $116,970
2016 $5,264 $126,700 $32,970 $93,730
2015 $5,264 $126,700 $32,970 $93,730
2014 $5,264 $126,700 $32,970 $93,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170576041

SmartMLS

APN: NHVN-000351-001109-000200