NOT LISTED FOR SALE

Estimated Value: $286,558 - $326,000

7 Beds
2 Baths
2,688 Sq Ft
$113/Sq Ft Est. Value

Last Sold August 22, 2014

Last sale price $160,000 $60 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $2,189/month

99 Days on Market

Highlights

  • 0.62 Acre Lot
  • Corner Lot
  • Hot Water Heating System
  • Full Attic
  • No HOA
  • 3-minute walk to Madison Avenue Park

About This Home

As of August 2014

Large two-family student rental. Incredible numbers, with great cash flow, and addition coin op laundry in basement. High rents with separate utilities. Great location, one block from Madison Ave and one block from Washington Park. Very Good Condition

Last Agent to Sell the Property

Shane Mahar

Field Realty Listed on: 03/10/2014

Last Buyer's Agent

Shane Mahar

Madison Park Real Estate License #10491207239

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,618

Year Built

  • Built in 1915

Lot Details

  • 0.62 Acre Lot
  • Corner Lot

Home Design

  • Duplex
  • Aluminum Siding
  • Asphalt

Interior Spaces

  • 2,688 Sq Ft Home
  • Full Attic

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Insurance Expense $1,498

Listing and Financial Details

  • Legal Lot and Block 54 / 1
  • Assessor Parcel Number 010100 65-1-54

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,618

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1915
  • Directions: Madison Ave to Quail St. Building is one block from Madison Ave and one block to Washington Park
  • Above Grade Finished Sq Ft: 2688.0
  • Financial Details General Taxes: 2386.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 3232.0
  • Special Assessment Description: NONE
  • Lot Size Acres: 0.62
  • New Construction: No
  • Possession Possession Legacy: 5/31/2014
  • Sale Detail Seller Contribution: Yes
  • Insurance Expense Description: Actual
  • Other Income Description: Estimated
  • Rental Income Description: Estimated
  • Income: 3120.0
  • Laundry Features:In Basement: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Total Bedrooms: 7
  • Living Area: 2688.0
  • Full Basement: Yes
  • Attic Features:Walk-Up: Yes
  • Attic Features:Full2: Yes

Exterior Features

  • Roof: Asphalt
  • Construction Type: Aluminum Siding
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Aluminum Siding: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Hot Water, Radiant, Natural Gas
  • Laundry Features: In Basement
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Hot Water: Yes
  • Heating:Radiant: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Corner Lot
  • Parcel #: 010100 65-1-54
  • Lot Size Sq Ft: 27007.2
  • ResoLotSizeUnits: Acres

Multi Family

  • Insurance Expense: 1498.0

Tax Info

  • Tax Annual Amount: 5618.0
  • Tax Block: 1
  • Tax Lot: 54
  • Tax Tract: 65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2018
Sold by
Mahar Alexander J
Bought by
Corallo John J
Current Estimated Value
$302,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,709
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 10, 2014
Closed on
Aug 22, 2014
Sold by
Kober Joseph and Kober Laura
Bought by
Mahar Alexander J
Seller's Agent
Shane Mahar
Field Realty
Buyer's Agent
Shane Mahar
Field Realty
List Price
$187,500
Sold Price
$160,000
Premium/Discount to List
-$27,500
-14.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$158,080
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2005
Sold by
Conti Gerardo
Bought by
Kober Joseph

Purchase Details

Closed on
Jun 26, 2003
Sold by
Conti Antonio
Bought by
Conti Gerardo
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Corallo John J $156,000 None Available
Mahar Alexander J $166,500 None Available
Kober Joseph $155,000 Charles Youngblood
Conti Gerardo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corallo John J $255,500
Closed Corallo John J $116,709
Previous Owner Mahar Alexander J $158,080
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2014 08/22/14 Sold $160,000 -14.7% $60 / Sq Ft
06/16/2014 06/16/14 Pending -- -- --
03/09/2014 03/09/14 For Sale $187,500 -- $70 / Sq Ft
Source: Global 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
2024 $7,063 $274,000 $54,800 $219,200
2023 $6,802 $168,000 $33,600 $134,400
2022 $6,655 $168,000 $33,600 $134,400
2021 $6,641 $168,000 $33,600 $134,400
2020 $6,374 $168,000 $33,600 $134,400
2019 $6,614 $168,000 $33,600 $134,400
2018 $6,840 $168,000 $33,600 $134,400
2017 $8,368 $168,000 $33,600 $134,400
2016 $7,504 $168,000 $33,600 $134,400
2015 $6,244 $166,400 $34,400 $132,000
2014 -- $172,000 $34,400 $137,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201403742

Global MLS

APN: 010100-065-069-0001-054-000-0000