NOT LISTED FOR SALE

Estimated Value: $308,186 - $549,000

5 Beds
3 Baths
2,600 Sq Ft
$171/Sq Ft Est. Value

Last Sold February 22, 2021

Last sale price $225,000 $87 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,751/month

106 Days on Market

About This Home

As of February 2021

Back on the market due to buyer financing! Contact me today!

Large 3 unit multifamily for sale on a spacious corner lot. Includes newer roof, updated plumbing, clean vinyl siding, newer deck, spacious yard, updated windows, 100 amp electrical PER unit, separate entrances for tenants, and 2 large separate driveways for off-street parking fitting about 3 cars EACH! 3rd floor needs finishing touches including, floors, window trim, and cabinets. Plenty of opportunity here for strong cash flow and a long term investment for the right buyer. Residential Coventry tax rate is $22.24 per thousand (2020). Please note when looking up tax records the home may come up as Lanphear instead of Lamphear. Also the third unit is considered 119 Summit Ave. CASH ONLY. Subject to probate approval. Estate sale. Being sold AS-IS. Inspections for informational purposes only. Priced below market value!!!! Contact me today! BRING YOUR OFFERS, MOTIVATED SELLERS.

Last Agent to Sell the Property

Kevin Peloso

HomeSmart Professionals License #RES.0043399 Listed on: 10/08/2020

HomeSmart Professionals

Last Buyer's Agent

Kevin Peloso

HomeSmart Professionals License #RES.0043399 Listed on: 10/08/2020

HomeSmart Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,075

Year Built

  • Built in 1890

Lot Details

  • 8,276 Sq Ft Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,600 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Walk-Out Basement

Kitchen

  • Oven
  • Range

Flooring

  • Plywood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 6 Parking Spaces
  • No Garage

Utilities

  • No Cooling
  • Heating System Uses Gas
  • 100 Amp Service
  • Gas Water Heater

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 27LAMPHEARSTCVEN

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,075

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.19
  • Above Grade Finished Sq Ft: 2600.0
  • Garage Yn: No
  • New Construction: No
  • Year Built: 1890
  • Special Features: VirtualTour

Interior Features

  • Number Of Buildings: 2
  • Appliances: Dryer, Electric Water Heater, Gas Water Heater, Oven, Range, Refrigerator, Washer
  • Has Basement: None, Unfinished, Walk-Out Access
  • Basement YN: No
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: No
  • Flooring: Carpet, Laminate, Plywood
  • Stories: 2
  • ResoLivingAreaSource: Other

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 6.0

Utilities

  • Laundry Features: Common Area
  • Cooling: None
  • Cooling Y N: No
  • Heating: Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Connected
  • Utilities: Sewer Connected
  • Water Source: Connected

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8276.0
  • Parcel #: 27LAMPHEARSTCVEN
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 5075.0
  • Tax Lot: 28
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Feb 10, 2021
Sold by
Ri & Mtg Finance Co
Bought by
Mochrie George S
Seller's Agent
Kevin Peloso
HomeSmart Professionals
Buyer's Agent
Kevin Peloso
HomeSmart Professionals
List Price
$259,900
Sold Price
$225,000
Premium/Discount to List
-$34,900
-13.43%
Current Estimated Value
$444,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$219,297
Original Mortgage
$180,000
Interest Rate
2.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2014
Sold by
Mochrie George S
Bought by
Mochrie George S

Purchase Details

Closed on
Jul 29, 2011
Sold by
East Park Llc
Bought by
Mochrie George

Purchase Details

Closed on
Sep 16, 2002
Sold by
Bowder Timothy M
Bought by
Mochrie George S
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
Mochrie George S -- None Available
Peloso Kevin $225,000 None Available
Mochrie George S $2,867 --
Mochrie George -- --
Mochrie George S $164,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peloso Kevin $261,338
Closed Peloso Kevin $180,000
Previous Owner Mochrie George S $10,862
Previous Owner Mochrie George S $261,000
Previous Owner Mochrie George S $221,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2021 02/22/21 Sold $225,000 -13.4% $87 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
10/08/2020 10/08/20 For Sale $259,900 -- $100 / Sq Ft
Source: State-Wide 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 $4,845 $305,900 $100,300 $205,600
2023 $4,689 $305,900 $100,300 $205,600
2022 $4,466 $228,200 $88,000 $140,200
2021 $4,427 $228,200 $88,000 $140,200
2020 $5,075 $228,200 $88,000 $140,200
2019 $3,874 $174,200 $64,500 $109,700
2018 $3,764 $174,200 $64,500 $109,700
2017 $3,655 $174,200 $64,500 $109,700
2016 $3,670 $171,400 $47,600 $123,800
2015 $3,570 $171,400 $47,600 $123,800
2014 $3,497 $171,400 $47,600 $123,800
2013 $3,234 $173,300 $48,500 $124,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: State-Wide MLS

MLS Number: 1266971

State-Wide MLS

APN: COVE-000096-000000-000028