NOT LISTED FOR SALE

Estimated Value: $692,053 - $943,000

12 Beds
3 Baths
3,966 Sq Ft
$205/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $432,000 $109 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $4,975/month

110 Days on Market

About This Home

As of November 2018

Completely renovated (just shy of a full gut rehab) within the last year, numerous updates include all new wiring and electric panels, all new plumbing, all new heating units and all new hot water heaters, all new appliances, flooring and paint. Very turnkey property, solid and needs nothing. Full Lead Compliant Certs in hand. Must see! Three uncommonly big four bedroom units make up this 4000 sq ft building. Great cash cow income property set in a desirable location on a corner lot is also good for an owner occupant with lowered costs offset by other rental units. This building is mechanically all new. Property has a terrific rental history. Eligible for housing voucher tenants. Pictures do not do it justice, so much value for the price! Option to continue to use current property manager for seamless transition.

Last Agent to Sell the Property

Jack Mahoney

RE/MAX Bentley's Listed on: 06/21/2018

RE/MAX Bentley's

Last Buyer's Agent

Johan Lopez

Home Shop Properties, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,844

Year Built

  • Built in 1900

Lot Details

  • 2,178

Interior Spaces

  • Window Screens
  • Vinyl Flooring
  • Basement

Outdoor Features

  • Porch

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:0147 B:0000 L:0021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,844

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Insc: 2000
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 107.14
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Certified Treated
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Flooring: Vinyl
  • Total Flrs: 6
  • No Bedrooms: 12
  • Total Brs: 12
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 18
  • Basement: Y
  • Basement Features: Full, Interior Access, Unfinished Basement
  • Main Lo: C95006
  • Main So: AC0594
  • Estimated Sq Ft: 3966.00

Exterior Features

  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Vinyl
  • Exterior Features: Porch, Screens
  • Foundation: Fieldstone, Brick

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 180
  • Electric Features: Circuit Breakers, 100 Amps, Individually Metered
  • Heat Zones: 3
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

Schools

  • High School: Lawrence

Lot Info

  • Assessments: 270200.00
  • Lot: 21
  • Acre: 0.05
  • Lot Size: 2090.00
  • Page: 177
  • Parcel Number: M:0147 B:0000 L:0021
  • Zoning: Res 3 Fami
  • Lot Description: Corner, Level

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Multi Family

  • APOD Available: Yes
  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 4000
  • Total Rms: 18
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 3869.00
  • Assessor Parcel Number: 4207181

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2018
Closed on
Nov 16, 2018
Sold by
Penniman Olli
Bought by
Colon-Jimenez Jose A
Seller's Agent
Jack Mahoney
RE/MAX Bentley's
Buyer's Agent
Johan Lopez
Home Shop Properties, Inc.
List Price
$469,900
Sold Price
$432,000
Premium/Discount to List
-$37,900
-8.07%
Current Estimated Value
$812,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,763
Avg. Annual Appreciation
9.97%
Original Mortgage
$424,175
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 17, 2018
Sold by
Penniman Daniel and Penniman Olli
Bought by
Penniman Olli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2016
Sold by
Wells Fargo Bank Na Tr
Bought by
Penniman Daniel and Penniman Olli

Purchase Details

Closed on
Dec 4, 2015
Sold by
Gonzalez Giselle and Wells Fargo Bank Na Tr
Bought by
Wells Fargo Bank Na Tr

Purchase Details

Closed on
May 2, 2005
Sold by
Williams Michael T
Bought by
Gonzalez Giselle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2004
Sold by
Nowhab Llc
Bought by
Williams Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,500
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 1992
Sold by
Charest Daniel
Bought by
Blanchard Forrest S

Purchase Details

Closed on
Dec 13, 1990
Sold by
Khoury Thomas M
Bought by
Charest Daniel F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
10.07%
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
Colon-Jimenez Jose A $432,000 --
Penniman Olli -- --
Penniman Daniel $195,000 --
Wells Fargo Bank Na Tr $185,000 --
Gonzalez Giselle $385,000 --
Williams Michael T $370,000 --
Blanchard Forrest S $5,000 --
Charest Daniel F $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colon-Jimenez Jose A $428,005
Closed Colon-Jimenez Jose A $424,175
Previous Owner Penniman Olli $200,000
Previous Owner Gonzalez Giselle $385,000
Previous Owner Williams Michael T $351,500
Previous Owner Charest Daniel F $43,000
Previous Owner Charest Daniel F $12,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $432,000 +1.7% $109 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
09/13/2018 09/13/18 Price Changed $424,900 -3.4% $107 / Sq Ft
09/07/2018 09/07/18 Price Changed $439,900 -2.2% $111 / Sq Ft
08/30/2018 08/30/18 Price Changed $449,900 -2.2% $113 / Sq Ft
08/05/2018 08/05/18 Price Changed $459,900 -2.1% $116 / Sq Ft
06/21/2018 06/21/18 For Sale $469,900 -- $118 / 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 $5,844 $664,100 $86,400 $577,700
2024 $5,485 $593,000 $90,700 $502,300
2023 $5,621 $553,200 $87,600 $465,600
2022 $5,276 $461,200 $82,600 $378,600
2021 $4,991 $406,800 $82,600 $324,200
2020 $4,640 $373,300 $68,800 $304,500
2019 $4,457 $325,800 $51,100 $274,700
2018 $3,869 $270,200 $46,300 $223,900
2017 $3,611 $235,400 $43,900 $191,500
2016 $4,909 $316,500 $34,300 $282,200
2015 $4,701 $310,900 $34,300 $276,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72350545

MLS Property Information Network (MLS PIN)

APN: LAWR-000147-000000-000021