NOT LISTED FOR SALE
11 Beds
6.5 Baths
5,676 Sq Ft
4,192 Sq Ft Lot

Sale Details

Date Sold: September 22, 2022

Last sale price $760,000 $134 Per Sq Ft

69 Days on Market

Highlights

  • Property is near public transit and schools
  • Jogging Path
  • Park
  • Corner Lot
  • Cooling Available
  • Shops

About This Home

As of September 2022

De-Leaded 5 Unit Apartment building. Upgraded Kitchens with recess lighting and newer heating systems. Great tenants 7.5% Cap rate with plenty of upside to 10+ cap rate short term. ALL TAW except 1 lease to August 2022

Last Agent to Sell the Property

John Magazzu

Charlesgate Realty Group LLC Listed on: 01/14/2022

Last Buyer's Agent

Manoel Neto

LAER Realty Partners

LAER Realty Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,817

Year Built

  • Built in 1925

Lot Details

  • 4,192 Sq Ft Lot
  • Corner Lot
  • Level Lot
  • Cleared Lot

Home Design

  • 5,676 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Bedrooms and Bathrooms

  • 11 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Dirt Floor

Parking

  • 5 Car Parking Spaces
  • Off-Street Parking
  • Assigned Parking

Utilities

  • Cooling Available
  • 5 Heating Zones
  • Heating Available
  • Separate Meters
  • Gas Water Heater

Additional Features

  • Washer and Dryer Hookup
  • Bulkhead
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $4,200
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Tax Lot 0067
  • Assessor Parcel Number 4208352

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Building Details

  • Electric Expense $840
  • Insurance Expense $7,213
  • Water Sewer Expense $2,064
  • Operating Expense $11,617
  • Net Operating Income $54,383

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,817

Year Built

Built in 1925

Lot Details

4,192 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Side by Side
  • Year Built: 1925
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Unit 1(undefined), Unit 2(Hardwood Floors), Unit 4(Wood Flooring)
  • Interior Amenities: Unit 1(Storage,Bathroom With Tub), Unit 2(Upgraded Countertops), Unit 3(Storage), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen,Office/Den)
  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 11
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7
  • Laundry Features: Unit 1(Washer & Dryer Hookup)
  • Basement: Full, Bulkhead, Dirt Floor, Concrete, Unfinished
  • Living Area: 5676
  • Stories Total: 7
  • MAIN LO: AN2612
  • MAIN SO: AN1199

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Assigned
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC), Unit 4(Window AC)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas), Unit 4(Hot Water Baseboard,Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 5
  • HEAT ZONES: 5
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, House of Worship, Public School, T-Station, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Fee Information

  • Water Sewer Expenses: 2064

Lot Info

  • Parcel Number: 4208352
  • Zoning: AE
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Cleared, Level
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4192
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6817.21
  • Tax Block: 0000
  • Tax Lot: 0067

Multi Family

  • Electric Expense: 840
  • Insurance Expense: 7213
  • Net Operating Income: 54383
  • Number Of Units Total: 5
  • Operating Expense: 11617
  • Total Actual Rent: 4200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
Sep 21, 2022
Sold by
Bought by
Seller's Agent
John Magazzu
Charlesgate Realty Group LLC
Buyer's Agent
Manoel Neto
LAER Realty Partners
List Price
$725,000
Sold Price
$760,000
Premium/Discount to List
$35,000
4.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
0.0522%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 18, 2006
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$760,000 None Available
$150,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $147,000
Open $570,000
Previous Owner $285,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/22/2022 09/22/22 Sold $760,000 +4.8% $134 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $725,000 0.0% $128 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $725,000 -- $128 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $8,183 $929,900 $105,400 $824,500
2024 $7,713 $833,800 $110,800 $723,000
2023 $8,078 $795,100 $106,900 $688,200
2022 $7,571 $661,800 $100,800 $561,000
2021 $6,817 $555,600 $100,800 $454,800
2020 $6,695 $538,600 $84,000 $454,600
2019 $6,664 $487,100 $62,500 $424,600
2018 $6,160 $430,200 $56,600 $373,600
2017 $5,703 $371,800 $53,700 $318,100
2016 $5,107 $329,300 $41,900 $287,400
2015 $4,872 $322,200 $41,900 $280,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72933953

MLS Property Information Network (MLS PIN)
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