NOT LISTED FOR SALE

Estimated Value: $434,000 - $552,000

6 Beds
2.5 Baths
2,500 Sq Ft
$198/Sq Ft Est. Value

Last Sold May 11, 2017

Last sale price $136,149 $54 Per Sq Ft

Est. 264% increase in value since last sale

Current estimated payment $3,148/month

669 Days on Market

Highlights

  • Wood Flooring
  • Radiant Heating System
  • 4-minute walk to Rose Larisa Memorial Park
  • 2 Car Detached Garage

About This Home

As of May 2017

1880 Multifamily home offers a combined 8 bed, 2 bath, with approximately 2425 square feet of living space plus a full basement, and a detached garage. Located in close proximity to restaurants, parks, schools, shopping, public transportation, and ot

Last Agent to Sell the Property

Stephen Sibiga

Ojo Home LLC License #REB.0018219 Listed on: 06/11/2015

Last Buyer's Agent

Ken Ascoli

Century 21 Topsail Realty License #RES.0040572

Century 21 Topsail Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 9,600 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 2,500 Sq Ft Home
  • 2-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • No Cooling
  • Radiant Heating System
  • 100 Amp Service
  • Oil Water Heater

Community Details

  • 2 Units
  • Riverside Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 22MAPLEAVEPRO

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.2204
  • Subdivision Name: RIVERSIDE
  • Above Grade Finished Sq Ft: 2500.0
  • Garage Yn: Yes
  • New Construction: No
  • Year Built: 1880
  • Special Features: 5120

Interior Features

  • Number Of Buildings: 1
  • Appliances: Oil Water Heater
  • Has Basement: Full, Unfinished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Hardwood, Other
  • Living Area: 2500.0
  • Stories: 2
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Construction Type: Other
  • Foundation Details: See Remarks

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Other, Radiant
  • Heating Yn: Yes
  • Electric: 100 Amp Service, Circuit Breakers
  • Utilities: Sewer Available, Water Available

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 9600.0
  • Parcel #: 22MAPLEAVEPRO
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3892.0
  • Tax Lot: 3
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2015
Closed on
May 22, 2017
Sold by
Us Bank Na
Bought by
Smith Craig T
Seller's Agent
Stephen Sibiga
Ojo Home LLC
Buyer's Agent
Ken Ascoli
Century 21 Topsail Realty
List Price
$110,240
Sold Price
$136,149
Premium/Discount to List
$25,909
23.5%
Current Estimated Value
$495,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,269
Avg. Annual Appreciation
16.04%
Original Mortgage
$108,919
Outstanding Balance
$90,580
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$404,838

Purchase Details

Closed on
Oct 13, 2005
Sold by
Merlino Lawrence F and Merlino Brenda
Bought by
Costa Robert and Costa Norma A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,800
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 9, 2000
Sold by
Marsella Henry C and Marsella Jr C
Bought by
Merlino Lawrence F and Merlino Brenda
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

Date Buyer Sale Price Title Company
Smith Craig T $136,149 --
Smith Craig T $136,149 --
Costa Robert $269,000 --
Costa Robert $269,000 --
Merlino Lawrence F $115,000 --
Merlino Lawrence F $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Craig T $108,919
Closed Merlino Lawrence F $108,919
Previous Owner Merlino Lawrence F $304,000
Previous Owner Merlino Lawrence F $214,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2017 05/11/17 Sold $136,149 +23.5% $54 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
06/11/2015 06/11/15 For Sale $110,240 -- $44 / Sq Ft
Source: State-Wide MLS

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 $6,693 $512,100 $100,200 $411,900
2024 $5,499 $358,700 $83,500 $275,200
2023 $5,294 $358,700 $83,500 $275,200
2022 $5,166 $236,300 $58,900 $177,400
2021 $5,080 $236,300 $55,700 $180,600
2020 $4,865 $236,300 $55,700 $180,600
2019 $4,731 $236,300 $55,700 $180,600
2018 $4,553 $199,000 $56,100 $142,900
2017 $3,476 $155,400 $56,100 $99,300
2016 $3,459 $155,400 $56,100 $99,300
2015 $3,892 $169,600 $57,100 $112,500
2014 $3,892 $169,600 $57,100 $112,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1099241

State-Wide MLS

APN: EPRO-000312-000022-000003