NOT LISTED FOR SALE

Estimated Value: $819,000 - $882,000

7 Beds
5 Baths
3,525 Sq Ft
$239/Sq Ft Est. Value

Sale Details

Date Sold: October 12, 2022

Last sale price $730,000 $207 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,173 / mo

48 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Heating Available
  • Wood Flooring
  • Level Lot

About This Home

As of October 2022

Don't miss your chance to take a look at this recently updated 3 family, close proximity to downtown, with off street parking for each tenant. The two lower level units are large three bedroom, two baths each and the upper floor is an open concept updated one bed with plenty of natural light. With off street parking, a beautiful yard and being so close to grocery stores, the bus stop, pharmacies and restaurants, these units will always be in high demand. That together with the separated utilities, very low maintenance and updated units bringing in high rent, this building can bring the investor solid cashflow.

Last Agent to Sell the Property

Patrick Hermans

J. Borstell Real Estate, Inc. Listed on: 06/06/2022

Last Buyer's Agent

Peter Herzig

Lamacchia Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,140

Year Built

  • Built in 1850 | Remodeled

Lot Details

  • 6,839 Sq Ft Lot
  • Level Lot

Home Design

  • 3,525 Sq Ft Home
  • Stone Foundation
  • Shingle Roof

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • Heating Available
  • Gas Water Heater

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $5,300
  • Legal Lot and Block 6 / 42
  • Assessor Parcel Number 1921788

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Electric Expense $850
  • Insurance Expense $2,296
  • Water Sewer Expense $2,000
  • Operating Expense $5,146
  • Net Operating Income $63,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,140

Year Built

Built in 1850 | Remodeled

Lot Details

6,839 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled, Unit 3 Remodeled
  • Year Built: 1850
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Vinyl, Unit 1(undefined)
  • Interior Amenities: Unit 1(Pantry,Walk-In Closet), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Office/Den), Unit 3 Rooms(Kitchen,Living RM/Dining RM Combo)
  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 7
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Living Area: 3525
  • Stories Total: 6
  • MAIN LO: G80038
  • MAIN SO: C95006

Exterior Features

  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Hot Water Baseboard)
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation

Fee Information

  • Water Sewer Expenses: 2000

Lot Info

  • Parcel Number: 1921788
  • Zoning: RM105
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6839
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5140.15
  • Tax Block: 42
  • Tax Lot: 6

Multi Family

  • Electric Expense: 850
  • Insurance Expense: 2296
  • Net Operating Income: 63600
  • Number Of Units Total: 3
  • Operating Expense: 5146
  • Total Actual Rent: 5300
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2019
Sold by
24 Park Street Rt
Bought by
Webster South Pleasant
Current Estimated Value
$843,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,240,000
Outstanding Balance
$1,081,286
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
-$237,842

Purchase Details

Closed on
Feb 17, 2011
Sold by
Giordano 2Nd Lawrence and Giordano Mary E
Bought by
24 Park Street Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
4.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2006
Sold by
Leone David A
Bought by
Giordano 2Nd Lawrence F and Giordano Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2002
Sold by
Wood Stephen E and Wood Catherine M
Bought by
Leone David A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Webster South Pleasant $309,900 None Available
24 Park Street Rt $170,000 --
Giordano 2Nd Lawrence F $355,000 --
Leone David A $321,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Webster South Pleasant $1,240,000
Previous Owner 24 Park Street Rt $157,500
Previous Owner 24 Park Street Rt $146,250
Previous Owner Leone David A $319,500
Previous Owner Leone David A $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2022 10/12/22 Sold $730,000 +2.1% $207 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/09/2022 07/09/22 For Sale $715,000 0.0% $203 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/06/2022 06/06/22 For Sale $715,000 -- $203 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $8,368 $781,300 $161,200 $620,100
2024 $7,353 $691,100 $153,500 $537,600
2023 $5,518 $494,900 $153,500 $341,400
2022 $5,140 $404,100 $141,300 $262,800
2021 $4,867 $362,100 $125,900 $236,200
2020 $5,217 $383,600 $119,800 $263,800
2019 $4,846 $347,400 $104,400 $243,000
2018 $4,359 $305,700 $98,300 $207,400
2017 $3,858 $257,400 $84,400 $173,000
2016 $3,302 $215,000 $64,500 $150,500
2015 $3,088 $201,200 $64,500 $136,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72992838

MLS Property Information Network (MLS PIN)

APN: HAVE-000205-000042-000006

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