NOT LISTED FOR SALE

Estimated Value: $427,000 - $517,000

5 Beds
2 Baths
2,396 Sq Ft
$190/Sq Ft Est. Value

Last Sold September 20, 2022

Last sale price $385,000 $161 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,999/month

39 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Corner Lot
  • Deck
  • Wood Flooring
  • Enclosed Patio or Porch

About This Home

As of September 2022

Live in the air-conditioned VACANT first-floor apartment. Are you looking for a dependable, low-effort revenue stream? This immaculate, nicely updated 2-unit income property is about as maintenance-free as can be! Sitting on an oversized, flat lot, this highly efficient 3/2 investment sits in a lovely residentially-zoned location. Second-floor unit is leased at fair market rent for 12 more months (through 6/2023). Everything is done and ready for you, including new windows, all modern updated kitchens and bathrooms! New flooring, including fresh shiny hardwoods throughout - even porches and stair hallways. Turn the key and add this revenue stream to your portfolio.

Last Agent to Sell the Property

Donna Molet

Keller Williams Realty North Central Listed on: 06/29/2022

Keller Williams Realty North Central

Last Buyer's Agent

Fallah Razzak

Lock and Key Realty Inc.

Lock and Key Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,428

Year Built

  • Built in 1910

Lot Details

  • 0.45 Acre Lot
  • Street terminates at a dead end
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,396 Sq Ft Home
  • Property has 1 Level
  • Insulated Doors
  • Storm Doors
  • Washer and Electric Dryer Hookup

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

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

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Streiber Mem Elementary School
  • Fairview Middle School
  • Comprehensive High School

Utilities

  • Cooling Available
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,000
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:0772 P:00026,2513528

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Building Details

  • Insurance Expense $1,765
  • Water Sewer Expense $1,200
  • Operating Expense $3,465
  • Net Operating Income $32,535

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,428

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1910
  • Buyer Agency: 2.0
  • Buyer Agency Type: %
  • Transaction Broker: 1.0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors)
  • Interior Amenities: Unit 1(Upgraded Cabinets,Bathroom With Tub & Shower), Unit 2(Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Door Features: Insulated Doors, Storm Door(s)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Microwave,Refrigerator), Unit 2(Range,Microwave,Refrigerator), Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup
  • Basement: Full, Concrete
  • Living Area: 2396
  • Stories Total: 3
  • MAIN LO: K95580
  • LIST PRICE PER Sq Ft: 152.34
  • PRICE PER Sq Ft: 160.68
  • MAIN SO: M39600

Exterior Features

  • Exterior Features: Rain Gutters, Varies per Unit, Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed, Deck - Roof, Deck - Composite
  • Road Frontage Type: Public, Dead End
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(Central Air), Unit 2(Central Air)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1200

Lot Info

  • Parcel Number: M:0772 P:00026,2513528
  • Zoning: 7
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.45
  • Lot Size Area: 0.45
  • Lot Size Sq Ft: 19495
  • Lot Size Units: Acres
  • PAGE: 246
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5428
  • Tax Book Number: 22024

Multi Family

  • Gross Income: 36000
  • Insurance Expense: 1765
  • Net Operating Income: 32535
  • Number Of Units Total: 2
  • Operating Expense: 3465
  • Total Actual Rent: 3000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 2
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Comprehensive
  • Elementary School: Streiber Mem
  • Middle Or Junior School: Fairview Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2017
Closed on
Jan 12, 2018
Sold by
Kosciolek Michal and Kosciolek Janusz
Bought by
Desousa Steven R and Desousa Felicia L
Seller's Agent
Andrzej Jamroga
Keller Williams Realty
Buyer's Agent
John Glynn
Real Broker MA, LLC
List Price
$299,000
Sold Price
$270,000
Premium/Discount to List
-$29,000
-9.7%
Current Estimated Value
$454,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,304
Avg. Annual Appreciation
6.53%
Original Mortgage
$198,750
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 27, 2015
Closed on
Apr 24, 2015
Sold by
Mac Freddie
Bought by
Kosciolek Michal and Kosciolek Janusz
Seller's Agent
Alyssa Rhodes
Landmark, REALTORS®
Buyer's Agent
Andrzej Jamroga
Keller Williams Realty
List Price
$89,900
Sold Price
$101,000
Premium/Discount to List
$11,100
12.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.36%
Original Mortgage
$80,800
Interest Rate
3.86%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Desousa Steven R $270,000 --
Kosciolek Michal $101,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mohammed Mohammed J J $378,026
Closed Desousa Steven R $198,750
Previous Owner Kosciolek Michal $80,800
Previous Owner Chartier Joseph B $104,150
Previous Owner Chartier Joseph B $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2022 09/20/22 Sold $385,000 +5.5% $161 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
08/06/2022 08/06/22 For Sale $365,000 0.0% $152 / Sq Ft
07/23/2022 07/23/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $365,000 0.0% $152 / Sq Ft
07/12/2022 07/12/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $365,000 +35.2% $152 / Sq Ft
01/12/2018 01/12/18 Sold $270,000 -9.7% $113 / Sq Ft
12/12/2017 12/12/17 Pending -- -- --
09/06/2017 09/06/17 For Sale $299,000 +196.0% $125 / Sq Ft
04/23/2015 04/23/15 Sold $101,000 +12.3% $42 / Sq Ft
03/27/2015 03/27/15 For Sale $89,900 -- $38 / 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 $6,293 $415,100 $116,100 $299,000
2024 $5,953 $403,300 $113,900 $289,400
2023 $5,556 $366,700 $103,600 $263,100
2022 $5,428 $319,500 $90,000 $229,500
2021 $5,146 $292,200 $81,900 $210,300
2020 $4,891 $280,100 $84,100 $196,000
2019 $3,711 $206,600 $84,100 $122,500
2018 $3,616 $197,500 $80,000 $117,500
2017 $3,467 $200,300 $73,300 $127,000
2016 $3,333 $197,100 $73,300 $123,800
2015 $3,282 $187,100 $73,300 $113,800
2014 -- $187,100 $73,300 $113,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73005337

MLS Property Information Network (MLS PIN)

APN: CHIC-000772-000000-000026