NOT LISTED FOR SALE

Estimated Value: $495,000 - $604,000

7 Beds
2 Baths
3,208 Sq Ft
$171/Sq Ft Est. Value

Last Sold March 09, 2020

Last sale price $350,000 $109 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $3,716/month

4 Days on Market

About This Home

As of March 2020

Looking for a very spacious two family home in a nice neighborhood? Look no further! This home is the perfect investment for your portfolio or ideal for those looking to have one tenant paying almost all of their mortgage! The first floor unit has been recently renovated featuring gorgeous laminated and hardwood flooring throughout. All the bedrooms are very spacious, full bath with custom tile work, high ceilings and freshly painted! The second floor unit is huge! With 3 bedrooms on the second floor and a completely finished attic, this is the perfect space for a large family. If you are an investor, this is a great opportunity as each unit is rented for $1,600 each. All utilities are separated with very good tenants in place. Plenty of parking and located on a dead-end street! OPEN HOUSE 02/02/20 FROM 1PM-3PM. NO SHOWINGS AFTER THAT.

Last Listed By

Albert Silva

Albert Invest Realty Group License #065956 Listed on: 01/29/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,307

Year Built

  • Built in 1890

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2.5-Story Property
  • Unfinished Basement
  • Interior Basement Entry
  • Stove

Utilities

  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Separate Meters
  • 100 Amp Service
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 00227

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Gross Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,307

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Exit #7 TO HENRY BURKE HWY TO END, 2ND SET LIGHTS TURN R ONTO CONCORD ST. 1 MILE ON LEFT CORTLAND ONTO T OLLES, LINDEN IS 3RD ST ON L
  • Construction: Existing
  • Total Stories: 2.5
  • Price Per Sq Ft: 109.1
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 4513
  • Sq Ft - Apx Total Finished: 3208
  • Year Built: 1890
  • Remarks Public: Looking for a very spacious two family home in a nice neighborhood? Look no further! This home is the perfect investment for your portfolio or ideal for those looking to have one tenant paying almost all of their mortgage! The first floor unit has been recently renovated featuring gorgeous laminated and hardwood flooring throughout. All the bedrooms are very spacious, full bath with custom tile work, high ceilings and freshly painted! The second floor unit is huge! With 3 bedrooms on the second floor and a completely finished attic, this is the perfect space for a large family. If you are an investor, this is a great opportunity as each unit is rented for $1,600 each. All utilities are separated with very good tenants in place. Plenty of parking and located on a dead-end street!
  • List Agent: 25743
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 3208
  • Sq Ft - Apx Unfinished BG: 1305

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Vinyl Siding
  • Foundation: Granite, Stone
  • Road Frontage: TBD
  • Roads: Dead End, Paved
  • Roof: Shingle - Asphalt

Utilities

  • Electric: 100 Amp
  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Heating Fuel: Electric, Gas - Natural
  • Heating: Electric, Gas Heater, Stove - Gas
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Gas Meters: 2
  • Total Heat Units: 2
  • Total Ranges: 2
  • Total Refrigerators: 2
  • Total Water Heaters: 2
  • Trash: Curbside
  • Utilities: Cable, Internet - Cable

Lot Info

  • Map: 45
  • Lot: 00227
  • Lot Sq Ft: 7405
  • Lot Acres: 0.17
  • Lot Description: Level
  • Surveyed: Unknown
  • Zoning: RC
  • Deed Book: 8816
  • Deed Page: 2014
  • Deed Recorded Type: Warranty

Multi Family

  • Gross Income: 38400
  • Total Full Baths: 2
  • Total Units: 2
  • Total3 Plus Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 5307
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2020
Closed on
Mar 6, 2020
Sold by
Dias Paulo D
Bought by
Shah Mukta
Seller's Agent
Albert Silva
Albert Invest Realty Group
Buyer's Agent
Amy Gorman
Bean Group / Nashua
List Price
$324,900
Sold Price
$350,000
Premium/Discount to List
$25,100
7.73%
Total Days on Market
4
Current Estimated Value
$549,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,000
Avg. Annual Appreciation
9.02%
Original Mortgage
$262,500
Outstanding Balance
$235,371
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$313,629

Purchase Details

Closed on
Dec 18, 2015
Sold by
Smith Lisa
Bought by
Dias Paulo D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,196
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 20, 2011
Sold by
Piques Carlos
Bought by
Bank New York Mellon T

Purchase Details

Closed on
Oct 23, 2006
Sold by
Falardeau Daniel R and Falardeau Joann A
Bought by
Piques Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Shah Mukta $350,000 None Available
Dias Paulo D $210,000 --
Dias Paulo D $210,000 --
Dias Paulo D $210,000 --
Bank New York Mellon T $150,000 --
Bank New York Mellon T $150,000 --
Piques Carlos $260,000 --
Piques Carlos $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Mukta $262,500
Previous Owner Dias Paulo D $206,196
Previous Owner Piques Carlos $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2020 03/09/20 Sold $350,000 +7.7% $109 / Sq Ft
02/02/2020 02/02/20 Pending -- -- --
01/29/2020 01/29/20 For Sale $324,900 -- $101 / Sq Ft
Source: PrimeMLS

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
2023 $7,719 $423,400 $103,100 $320,300
2022 $7,651 $423,400 $103,100 $320,300
2021 $5,865 $252,600 $68,800 $183,800
2020 $5,657 $250,200 $68,800 $181,400
2019 $5,444 $250,200 $68,800 $181,400
2018 $5,307 $250,200 $68,800 $181,400
2017 $5,558 $215,500 $77,600 $137,900
2016 $5,403 $215,500 $77,600 $137,900
2015 $5,338 $217,600 $79,700 $137,900
2014 -- $217,600 $79,700 $137,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4791905

PrimeMLS

APN: NASH-000045-000000-000227