NOT LISTED FOR SALE

Estimated Value: $747,495 - $914,000

4 Beds
2 Baths
2,250 Sq Ft
$361/Sq Ft Est. Value

Last Sold May 05, 2020

Last sale price $625,000 $278 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,952/month

6 Days on Market

About This Home

As of May 2020

This two family home is situated on a quiet dead end street Just a short walk to Broadway which has shopping, dining and City Hall. All this home needs is some TLC to make it the family home you have been looking for with some added income from the 2nd unit. It could also be a great opportunity for an investor looking to put in some sweat equity to maximize rental income from the 2 separate units.

Last Agent to Sell the Property

George Colella

Trusted Source Realty Group Listed on: 02/06/2020

Last Buyer's Agent

Dante Spadoni

Keller Williams Realty License #456016340

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,268

Year Built

  • Built in 1920

Lot Details

  • 6,098

Additional Features

  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,268

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Commission: 2.00
  • Other Agent: 2.00
  • Seller Agency: 2.00
  • Sub-Agency Relationship Offered: Yes
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 248.84
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 5
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN0389
  • Main So: AN4339
  • Estimated Sq Ft: 2250.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Vinyl
  • Foundation: Concrete Block

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 5

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Solar PV - 3rd Party Owned
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, House of Worship, Private School, Public School, T-Station

Lot Info

  • Assessments: 506800.00
  • Acre: 0.14
  • Lot Size: 6000.00
  • Page: 275
  • Zoning: RB
  • Lot Description: Paved Drive, Level

Multi Family

  • Total Levels: 2
  • Total Rent: 1500
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 5706.00
  • Assessor Parcel Number: 1372017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2020
Closed on
Apr 29, 2020
Sold by
Marion L Wright Ret 2019
Bought by
Patel Hardik and Patel Nilamben R
Seller's Agent
George Colella
Trusted Source Realty Group
Buyer's Agent
Dante Spadoni
Keller Williams Realty
List Price
$559,900
Sold Price
$625,000
Premium/Discount to List
$65,100
11.63%
Current Estimated Value
$812,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,874
Avg. Annual Appreciation
4.58%
Original Mortgage
$604,140
Outstanding Balance
$540,014
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$252,370

Purchase Details

Closed on
Aug 7, 2019
Sold by
Wright Marian L
Bought by
Marian L Wright Ret 2019 and Wright

Purchase Details

Closed on
Sep 20, 2017
Sold by
Depietro Wayne S
Bought by
Wright Marian L and Depietro Wayne S

Purchase Details

Closed on
Mar 4, 2009
Sold by
Wright Marian L
Bought by
Wright Marian L and Depietro Wayne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5.14%

Purchase Details

Closed on
Nov 9, 2006
Sold by
Wright Marian L and Depietro Wayne S
Bought by
Wright Marian L

Purchase Details

Closed on
Jun 2, 1998
Sold by
Rocco John J
Bought by
Depietro Wayne S and Wright Marian L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,900
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Patel Hardik $625,000 None Available
Marian L Wright Ret 2019 -- --
Marian L Wright Ret 2019 -- --
Marian L Wright Ret 2019 -- --
Wright Marian L -- --
Wright Marian L -- --
Wright Marian L -- --
Wright Marian L -- --
Wright Marian L -- --
Wright Marian L -- --
Wright Marian L -- --
Depietro Wayne S $161,000 --
Depietro Wayne S $161,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Hardik $604,140
Closed Patel Hardik $604,140
Previous Owner Wright Marian L $220,000
Previous Owner John J Rocco Rt $144,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2020 05/05/20 Sold $625,000 +11.6% $278 / Sq Ft
02/12/2020 02/12/20 Pending -- -- --
02/06/2020 02/06/20 For Sale $559,900 -- $249 / 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 $6,268 $691,100 $290,600 $400,500
2024 $6,176 $677,900 $274,500 $403,400
2023 $5,858 $616,000 $229,300 $386,700
2022 $5,875 $564,900 $218,000 $346,900
2021 $5,753 $520,200 $201,800 $318,400
2020 $5,707 $506,800 $201,800 $305,000
2019 $5,476 $452,200 $184,100 $268,100
2018 $5,477 $422,600 $166,300 $256,300
2017 $5,245 $374,900 $145,300 $229,600
2016 $4,407 $305,000 $132,400 $172,600
2015 $4,514 $305,000 $132,400 $172,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72616604

MLS Property Information Network (MLS PIN)

APN: REVE-000015-000223-000007E