NOT LISTED FOR SALE

Estimated Value: $830,000 - $928,000

15 Beds
6 Baths
4,143 Sq Ft
$210/Sq Ft Est. Value

Last Sold November 25, 2016

Last sale price $525,000 $127 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,506/month

7 Days on Market

About This Home

As of November 2016

Massive three-family located right around the corner from Clark University. This property needs nothing, as it was fully renovated - including plumbing, electrical, mechanicals, kitchens and baths, and all cosmetics - in 2009. Each unit has five bedrooms and two full bathrooms, with laundry in each unit. It has a strong student rental history without vacancy. There is ample paved off-street parking behind the building. Building is fully tenanted through May 2017 with renewals pending.

Last Agent to Sell the Property

Jason Saphire

Saphire Hospitality, Inc. Listed on: 10/12/2016

Last Buyer's Agent

Vahan Ambartsumyan

StartPoint Realty License #165104375

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,974

Year Built

1890

Lot Details

0

Listing Details

  • Lot Description: Level
  • Property Type: Multi-family
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Interior Features

  • Fireplaces: 3
  • Has Basement: Yes
  • Fireplaces: 3
  • Number of Rooms: 21
  • Electric: 110 Volts, Circuit Breakers
  • Flooring: Wood
  • Basement: Full, Interior Access, Bulkhead
  • Total Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed, Gutters
  • Foundation: Poured Concrete

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Zoning: RG-5

Multi Family

  • APOD Available: Yes
  • Appliances Common: Range, Dishwasher, Disposal, Refrigerator, Freezer, Washer, Dryer, Vent Hood
  • Cooling Common: None
  • Heating Common: Hot Water Baseboard, Gas
  • Heat Units: 3
  • Interior Features Common: Ceiling Fans, Balcony/Deck, Hardwood Floors, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Intercom
  • Common Room: Living Room, Kitchen, Laundry
  • Total Bedrooms: 15
  • Total Fireplaces: 3
  • Total Floors: 6
  • Total Full Baths: 6
  • Total Levels: 3
  • Total Rms: 21
  • Total Rent_1: 6300

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2017
Sold by
Marcarian Davtyan Ft
Bought by
27 Florence Llc
Current Estimated Value
$872,000

Purchase Details

Listed on
Oct 12, 2016
Closed on
Nov 25, 2016
Sold by
Hampton Properties Llc
Bought by
Marcarian Davtyan Ft
Seller's Agent
Jason Saphire
Saphire Hospitality, Inc.
Buyer's Agent
Vahan Ambartsumyan
StartPoint Realty
List Price
$550,000
Sold Price
$525,000
Premium/Discount to List
-$25,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%

Purchase Details

Closed on
Nov 6, 2009
Sold by
Enyim Kwame and Wilson Julia Y
Bought by
Hampton Prop Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2000
Sold by
Disbrow Marcia
Bought by
Enyim Kwame and Wilson Julia Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,434
Interest Rate
8.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 1999
Sold by
Goshgarian Ft
Bought by
Disbrow Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
27 Florence Llc -- --
Marcarian Davtyan Ft $525,000 --
Hampton Prop Llc $81,000 --
Enyim Kwame $118,000 --
Disbrow Marcia $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Disbrow Marcia $624,000
Previous Owner Hampton Prop Llc $175,000
Previous Owner Disbrow Marcia $117,434
Previous Owner Disbrow Marcia $76,000
Previous Owner Disbrow Marcia $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2016 11/25/16 Sold $525,000 -4.5% $127 / Sq Ft
10/19/2016 10/19/16 Pending -- -- --
10/12/2016 10/12/16 For Sale $550,000 -- $133 / 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 $10,974 $832,000 $97,600 $734,400
2024 $10,086 $733,500 $97,600 $635,900
2023 $9,690 $675,700 $84,900 $590,800
2022 $8,458 $556,100 $67,900 $488,200
2021 $8,153 $500,800 $54,300 $446,500
2020 $7,511 $441,800 $53,900 $387,900
2019 $7,247 $402,600 $47,100 $355,500
2018 $7,065 $373,600 $47,100 $326,500
2017 $4,868 $253,300 $47,100 $206,200
2016 $4,641 $225,200 $33,300 $191,900
2015 $4,520 $225,200 $33,300 $191,900
2014 $4,400 $225,200 $33,300 $191,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72080551

MLS Property Information Network (MLS PIN)

APN: WORC-000006-000039-000077