NOT LISTED FOR SALE

Estimated Value: $676,105 - $807,000

4 Beds
2 Baths
2,098 Sq Ft
$354/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $495,000 $236 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,790/month

157 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • 2 Car Detached Garage
  • Attic
  • Screened Porch
  • 4-minute walk to Jackie Robinson Park

About This Home

As of March 2021

Attention Investors and homeowners!!! Great investment opportunity in highly sought after westside rental neighborhood. 2 Units-2Bed/1Ba Each -Up/down. Some recent updates. Freshly painted, cleaned and all new locks - ready to rent or move in. Brand new stainless steel refrigerators in both units. 2015 some flooring, kitchen, bathroom updates. New natural gas heating system in 1st floor in 2015, new hot water heater 2nd floor in 2016. Plenty of room to park in the back. There is a detached 2 car garage, was rented before for $300/month. All heating and hot water converted to natural gas making the property very economic for energy bills.

Last Agent to Sell the Property

Andres Torriente

Transamerican Realty LLC License #RES.0813766 Listed on: 09/28/2020

Last Buyer's Agent

Arbis Faustin

Faustin Realty Group License #REB.0758860

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,687

Year Built

  • Built in 1930

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 2,098 Sq Ft Home
  • Screened Porch
  • Walkup Attic
  • Smart Thermostat
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Radiator
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Public Transportation
  • Gross Income $49,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,687

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Neighborhood: West Side
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2098
  • Public Record Living Room Sq Ft: 2098
  • Total Sq Ft: 2098
  • Year Built: 1930
  • Nearby Amenities: Basketball Court, Medical Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 3612
  • Directions: On I-95 Take exit 6 towards West Ave. Merge onto Grenhart Rd. Turn Rt onto West Ave.Turn Rt onto W Main St.Turn Lf onto Fairfield Ave.Turn Rt onto Hazel St.
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Unfinished
  • Attic: Yes
  • Home Automation: Thermostat(s)
  • Street Number Modifier: 25

Exterior Features

  • Exterior Features: Porch-Enclosed, Porch-Screened
  • Exterior Siding: Vinyl Siding, Aluminum
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Detached Garage, Paved, Driveway
  • Garages Number: 2
  • Driveway Type: Shared

Utilities

  • Heat Type: Hot Air, Hot Water, Radiator
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Per Board of Ed
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1100
  • Lot Description: N/A
  • Flood Zone: No
  • Zoning: RMF

Multi Family

  • Gross Annual Income: 49200
  • Net Operating Income: 44200
  • Unit Count: 2
  • Total Multi Family: 12
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 7687
  • Total Assessed Value: 291740
  • Mil Rate Base: 25.330
  • Mil Rate Tax District: 1.020
  • Mil Rate Total: 26.350
  • Assessor Parcel Number: 314846

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2020
Closed on
Mar 15, 2021
Sold by
Pervez Ralhan
Bought by
Antoine Eugene
Seller's Agent
Andres Torriente
Transamerican Realty LLC
Buyer's Agent
Arbis Faustin
Faustin Realty Group
List Price
$539,000
Sold Price
$495,000
Premium/Discount to List
-$44,000
-8.16%
Current Estimated Value
$742,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,526
Avg. Annual Appreciation
9.02%
Original Mortgage
$486,034
Outstanding Balance
$438,655
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$290,178

Purchase Details

Closed on
Jan 16, 2015
Sold by
Khan Mohammad S
Bought by
Pervez Raihan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2005
Sold by
Browndoud Katie
Bought by
Khan Mohammad S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,280
Interest Rate
5.9%
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
Antoine Eugene $495,000 None Available
Antoine Eugene $495,000 None Available
Pervez Raihan $260,000 --
Pervez Raihan $260,000 --
Khan Mohammad S $427,850 --
Khan Mohammad S $427,850 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Antoine Eugene $486,034
Closed Antoine Eugene $486,034
Previous Owner Pervez Raihan $234,000
Previous Owner Khan Mohammad S $520,000
Previous Owner Khan Mohammad S $342,280
Previous Owner Khan Mohammad S $85,570
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $495,000 -0.8% $236 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
11/04/2020 11/04/20 Price Changed $499,000 -5.7% $238 / Sq Ft
10/17/2020 10/17/20 Price Changed $529,000 -1.9% $252 / Sq Ft
09/28/2020 09/28/20 For Sale $539,000 -- $257 / Sq Ft
Source: SmartMLS

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 $9,302 $388,900 $170,590 $218,310
2024 $9,085 $388,900 $170,590 $218,310
2023 $9,816 $388,900 $170,590 $218,310
2022 $7,927 $291,740 $123,620 $168,120
2021 $7,859 $291,740 $123,620 $168,120
2020 $7,687 $291,740 $123,620 $168,120
2019 $7,687 $291,740 $123,620 $168,120
2018 $7,448 $291,740 $123,620 $168,120
2017 $6,015 $223,690 $91,560 $132,130
2016 $5,843 $223,690 $91,560 $132,130
2015 $5,688 $223,690 $91,560 $132,130
2014 $5,545 $223,690 $91,560 $132,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170339840

SmartMLS

APN: STAM-000000-000000-002513