NOT LISTED FOR SALE

Estimated Value: $1,766,000 - $1,896,683

5 Beds
2 Baths
2,632 Sq Ft
$686/Sq Ft Est. Value

Last Sold January 18, 2024

Last sale price $1,680,000 $638 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $11,391/month

4 Days on Market

Highlights

  • 2 Fireplaces
  • Screened Porch
  • Laundry Room
  • William H. Lincoln School Rated A+
  • Cooling Available
  • 4-minute walk to Harry Downes Playground and Field

About This Home

As of January 2024

Welcome to a well-maintained 2-family with a walk-up open third-floor attic and an open basement with walk-out street access. The first-floor unit is a 2 bedroom 1 bath with a living room, dining room, and in-unit laundry hook-up. The second-floor unit is a 3 bedroom 1 bath with a living room, dining room, and in-unit laundry. Both units feature fireplaces in the living room. The property has a 2-car garage and additional parking for 4-6 more cars. The heating source for both units is oil, and cooking is gas. Total gross square footage (basement and attic included) is approx 5200 sqft. The second-floor unit is rented with a lease in place till 6/30/24 at a rent of 3400/mon. The parking spaces generate 550/mon. The first-floor unit is now vacant and we project a value of 2500/mon for it. The development potential for this property is very strong. There is precedent on the street to expand the footprint, grow to a 3-family, or incorporate attic and basement space into the living area

Last Listed By

Karl Olsen

Carlson & Company, LLC Listed on: 11/09/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,690

Year Built

  • Built in 1917

Lot Details

  • 6,673 Sq Ft Lot

Parking

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

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,632 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Screened Porch
  • Walk-Out Basement
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Schools

  • Lincoln Elementary School
  • BHS High School

Utilities

  • Cooling Available
  • 2 Heating Zones
  • Heating Available

Community Details

  • 2 Units
  • Net Operating Income $70,800

Listing and Financial Details

  • Total Actual Rent $6,450
  • Assessor Parcel Number B:301 L:0019 S:0000,40560

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,690

Year Built

Built in 1917

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1917
  • Buyer Agency: 2.5
  • Transaction Broker: 1.0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen,Sunroom)
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Unit 1 Laundry Room
  • Basement: Walk-Out Access
  • Living Area: 2632
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN7618
  • LIST PRICE PER Sq Ft: 645.9
  • PRICE PER Sq Ft: 638.3
  • MAIN SO: H11111

Exterior Features

  • Exterior Features: Porch - Enclosed,Porch - Screened
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed, Screened
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Window AC)
  • Heating: Unit 1(Oil)
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Hot Water: Oil

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: B:301 L:0019 S:0000,40560
  • Zoning: M10
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6673
  • Lot Size Units: Acres
  • PAGE: 227
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 17690
  • Tax Book Number: 8783

Multi Family

  • Gross Income: 70800
  • Net Operating Income: 70800
  • Number Of Units Total: 2
  • Total Actual Rent: 6450
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Bhs
  • Elementary School: Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2017
Sold by
Amendola Alfred F and Amendola Arthur G
Bought by
Amendola Ft 1 and Amendola
Total Days on Market
4
Current Estimated Value
$1,805,921

Purchase Details

Closed on
Oct 1, 2012
Sold by
Amendola Doris
Bought by
Amendola Ft and Amendola

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
Amendola Ft 1 -- --
Amendola Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Jie $1,008,000
Previous Owner Amendola Doris B $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2024 01/18/24 Sold $1,680,000 -1.2% $638 / Sq Ft
11/14/2023 11/14/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $1,700,000 -- $646 / 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 $16,547 $1,676,500 $1,045,100 $631,400
2024 $18,517 $1,895,300 $1,004,800 $890,500
2023 $17,690 $1,774,300 $865,600 $908,700
2022 $17,218 $1,689,700 $824,300 $865,400
2021 $15,922 $1,624,700 $792,600 $832,100
2020 $14,964 $1,583,500 $720,500 $863,000
2019 $14,131 $1,508,100 $686,200 $821,900
2018 $13,095 $1,384,300 $600,500 $783,800
2017 $12,664 $1,281,800 $566,500 $715,300
2016 $12,141 $1,165,200 $529,400 $635,800
2015 $11,313 $1,059,300 $494,800 $564,500
2014 $11,072 $972,100 $449,800 $522,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73179144

MLS Property Information Network (MLS PIN)

APN: BROO-000301-000019