NOT LISTED FOR SALE

Estimated Value: $344,000 - $424,000

9 Beds
3 Baths
4,149 Sq Ft
$91/Sq Ft Est. Value

Last Sold March 17, 2023

Last sale price $315,000 $76 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,430/month

58 Days on Market

Highlights

  • Porch
  • Heating Available
  • 2-minute walk to Lincoln Park

About This Home

As of March 2023

ATTENTION INVESTORS - great opportunity to own this large legal 3 unit investment property. The building is fully occupied and will be sold with tenants in place. Tenants pay all of their own utilities except water/sewer. There are laundry hookups in each unit. Each unit is the same size - 6 rooms, 3 bedrooms, 1 bath each unit. Note - the first floor unit is utilizing one of the bedrooms as a laundry room. There is a paved driveway and off street parking for all tenants. 2 hot water heaters are less than 4 years old and the second floor water heater was changed less than a year ago. Flat roof. All tenants are on month-to-month rental agreements with no security deposit in place. Longer term tenants = a bit below market rents, but good payment history. The seller never occupied the property. MLS information might not be accurate. Buyers and Buyer's Agent are to verify all information and perform their own due diligence. Tenants have recording devices throughout the property.

Last Agent to Sell the Property

Danielle Santos

eXp Realty Listed on: 10/31/2022

eXp Realty

Last Buyer's Agent

Zuleika Rivera

Berkshire Hathaway Home Service New England Properties

Berkshire Hathaway Home Service New England Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,446

Year Built

  • Built in 1900

Lot Details

  • 4,647 Sq Ft Lot
  • Street terminates at a dead end

Home Design

  • Brick Foundation

Interior Spaces

  • 4,149 Sq Ft Home
  • Insulated Windows
  • Washer

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Basement

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

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • Rain Gutters
  • Porch

Utilities

  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,300
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 2500692

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,446

Year Built

Built in 1900

Lot Details

4,647 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen,Family Room)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Washer,Dryer), Unit 2(Range), Unit 3(Range), Gas Water Heater
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Interior Entry
  • Living Area: 4149
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AN0475
  • MAIN SO: AN5468

Exterior Features

  • Exterior Features: Rain Gutters
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public, Dead End
  • Road Surface Type: Paved
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Electric Baseboard,Gas,Space Heater), Unit 2(Electric Baseboard,Gas,Space Heater), Unit 3(Electric Baseboard,Gas,Space Heater)
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 2500692
  • Zoning: 4
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4647
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4446

Multi Family

  • Net Operating Income: 14400
  • Number Of Units Total: 3
  • Total Actual Rent: 3300
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 3
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
Mar 16, 2023
Sold by
21 Alvord Ave Llc
Bought by
Weber Erick C and Weber Annamay A
Seller's Agent
Danielle Santos
eXp Realty
Buyer's Agent
Zuleika Rivera
Berkshire Hathaway Home Service New England Properties
List Price
$335,000
Sold Price
$315,000
Premium/Discount to List
-$20,000
-5.97%
Views
151
Current Estimated Value
$378,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,686
Avg. Annual Appreciation
6.31%
Original Mortgage
$236,250
Outstanding Balance
$228,240
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$150,446

Purchase Details

Listed on
Aug 5, 2021
Closed on
Nov 16, 2021
Sold by
Ward Kirby A
Bought by
21 Alvord Ave Llc
Seller's Agent
Leslie Brunelle
NRG Real Estate Services, Inc.
Buyer's Agent
Danielle Santos
eXp Realty
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.46%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Weber Erick C $315,000 None Available
21 Alvord Ave Llc $265,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weber Erick C $236,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/17/2023 03/17/23 Sold $315,000 -6.0% $76 / Sq Ft
12/29/2022 12/29/22 Pending -- -- --
12/27/2022 12/27/22 For Sale $335,000 0.0% $81 / Sq Ft
12/14/2022 12/14/22 Pending -- -- --
11/03/2022 11/03/22 For Sale $335,000 +6.3% $81 / Sq Ft
10/31/2022 10/31/22 Off Market $315,000 -- --
10/31/2022 10/31/22 For Sale $335,000 +26.4% $81 / Sq Ft
12/03/2021 12/03/21 Sold $265,000 0.0% $64 / Sq Ft View Prior Sale
11/04/2021 11/04/21 Off Market $265,000 -- --
10/25/2021 10/25/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $275,000 -- $66 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $5,259 $346,900 $67,200 $279,700
2024 $4,868 $329,800 $65,900 $263,900
2023 $4,493 $296,600 $59,900 $236,700
2022 $4,446 $261,700 $52,100 $209,600
2021 $4,159 $236,200 $44,700 $191,500
2020 $3,883 $222,400 $44,700 $177,700
2019 $3,833 $213,400 $44,700 $168,700
2018 $3,744 $204,500 $42,600 $161,900
2017 $3,341 $193,000 $40,200 $152,800
2016 $3,314 $196,000 $40,200 $155,800
2015 $3,098 $176,600 $40,200 $136,400
2014 $1,549 $176,600 $40,200 $136,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73053484

MLS Property Information Network (MLS PIN)

APN: CHIC-000126-000000-000032

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