NOT LISTED FOR SALE

Estimated Value: $615,109

7 Beds
4 Baths
900 Sq Ft
$683/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $418,000 $464 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,302/month

134 Days on Market

About This Home

As of January 2020

North Plainfield 4-unit located in the Marybrook subdivision. All units have updated kitchens with maple cabinets and ceramic tile floor, Anderson windows, 2 car parking per unit, newer asphalt parking lot and drive,large front and back yard, Coin operated laundry. Great opportunity to own a positive cash flow property!

Last Agent to Sell the Property

Anuj Arora

john greene, Realtor License #471005524 Listed on: 08/01/2019

john greene, Realtor

Last Buyer's Agent

Puneet Kapoor

Keller Williams Infinity License #475172758

Keller Williams Infinity

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,428

Lot Details

  • Lot Dimensions are 91x170

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • Heating System Uses Steam
  • Lake Michigan Water

Community Details

Overview

  • 4 Units
  • Marybrook Subdivision

Building Details

  • Gross Income $46,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,428

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: Marybrook
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • Room: 4

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 434500
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned, Driveway
  • ParkingTotal: 8
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Steam
  • Water Source: Lake Michigan

Schools

  • Middle/Junior School District: 202

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 91X170
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes
  • TenantPays: Electric

Multi Family

  • GrossIncome: 46620
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 8428
  • Tax Year: 2018
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2019
Closed on
Jan 24, 2020
Sold by
Krishna Il Investment Group Llc
Bought by
Kim Richard
Seller's Agent
Anuj Arora
john greene, Realtor
Buyer's Agent
Puneet Kapoor
Keller Williams Infinity
List Price
$450,000
Sold Price
$418,000
Premium/Discount to List
-$32,000
-7.11%
Total Days on Market
134
Current Estimated Value
$615,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,109
Avg. Annual Appreciation
7.43%
Original Mortgage
$313,500
Outstanding Balance
$283,099
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$332,010

Purchase Details

Closed on
Jun 26, 2017
Sold by
Morris Patrick J and Morris Michele R
Bought by
Krishna Il Investment Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
4.79%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 12, 2006
Sold by
Morris Michele R and Morris Self Declarat Michele R
Bought by
Morris Patrick J and Morris Michele R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2003
Sold by
Morris Michele R
Bought by
Morris Michele R and Morris Self Declarat Michele R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2001
Sold by
First Midwest Trust Company Natl Assn
Bought by
Migliorini Michele R and Migliorini Self Decl Michele R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,600
Interest Rate
7.06%
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
Kim Richard $418,000 First American Title
Krishna Il Investment Group Llc $425,000 Attorney
Morris Patrick J -- First American Title
Morris Michele R -- --
Morris Michele R -- Ticor Title
Migliorini Michele R $262,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Richard $313,500
Previous Owner Krishna Il Investment Group Llc $318,750
Previous Owner Morris Patrick J $189,900
Previous Owner Morris Patrick J $300,000
Previous Owner Morris Michele R $195,000
Previous Owner Migliorini Michele R $209,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2020 01/24/20 Sold $418,000 -3.8% $464 / Sq Ft
12/13/2019 12/13/19 Pending -- -- --
11/14/2019 11/14/19 Price Changed $434,500 -1.1% $483 / Sq Ft
11/01/2019 11/01/19 Price Changed $439,500 -2.3% $488 / Sq Ft
09/03/2019 09/03/19 For Sale $450,000 0.0% $500 / Sq Ft
08/08/2019 08/08/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $450,000 0.0% $500 / Sq Ft
04/01/2018 04/01/18 Rented $1,050 0.0% --
03/21/2018 03/21/18 Price Changed $1,050 -4.5% $1 / Sq Ft
03/08/2018 03/08/18 For Rent $1,100 +12.8% --
08/29/2016 08/29/16 Rented $975 0.0% --
08/02/2016 08/02/16 For Rent $975 -- --
Source: Midwest Real Estate Data (MRED)

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 $12,456 $168,950 $14,000 $154,950
2022 $8,848 $109,000 $14,000 $95,000
2021 $8,974 $109,000 $14,000 $95,000
2020 $9,119 $109,000 $14,000 $95,000
2019 $9,258 $109,000 $14,000 $95,000
2018 $8,428 $97,223 $14,000 $83,223
2017 $8,133 $91,720 $14,000 $77,720
2016 $8,343 $91,720 $14,000 $77,720
2015 $8,790 $91,720 $14,000 $77,720
2014 $8,790 $91,720 $14,000 $77,720
2013 $8,790 $91,720 $14,000 $77,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10470465

Midwest Real Estate Data (MRED)

APN: 06-03-04-407-011