NOT LISTED FOR SALE

Estimated Value: $341,116 - $515,000

9 Beds
3 Baths
3,090 Sq Ft
$137/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $197,000 $64 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,883/month

14 Days on Market

Highlights

  • No HOA
  • Level Lot
  • 2-minute walk to Frances Veitch Memorial Field
  • Baseboard Heating

About This Home

As of December 2018

Come and see this great investment property. This legal 3 family home is located on a quiet one way street. The entire home was completely remodeled in 2009. New Everything in all units and all new mechanicals. This is a perfect home for a new or seasoned investor. First floor, Second floor and basement are available for viewing. Third floor can be arranged with acceptable offer. Owner willing to make pre-negotiated improvements. Qualified for FHA.

Last Agent to Sell the Property

Michael Robinson

RE/MAX Showcase License #RES.0806797 Listed on: 11/12/2018

RE/MAX Showcase

Last Buyer's Agent

Michael Robinson

RE/MAX Showcase License #RES.0806797 Listed on: 11/12/2018

RE/MAX Showcase

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,814

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Flat Roof Shape
  • Concrete Foundation
  • Block Foundation
  • Frame Construction
  • Flat Tile Roof
  • Vinyl Siding

Interior Spaces

  • 3,090 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $42,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,814

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3090
  • Public Record Living Room Sq Ft: 3090
  • Total Sq Ft: 3090
  • Year Built: 1900
  • Nearby Amenities: Basketball Court, Medical Facilities
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 4200
  • Directions: Sherman Ave to West Ivy
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full
  • Attic: No
  • Street Number Modifier: 273

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block, Concrete
  • Roof Information: Flat
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Heat Type: Baseboard, Gas on Gas
  • 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
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.0900
  • Lot Description: Level Lot
  • Zoning: RM2

Multi Family

  • Gross Annual Income: 42600
  • Unit Count: 3
  • Total Multi Family: 15
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 4814
  • Total Assessed Value: 112000
  • Mil Rate Base: 42.980
  • Mil Rate Total: 42.980
  • Assessor Parcel Number: 1255887

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2021
Sold by
Sorkin Zusman
Bought by
Yozu Llc
Current Estimated Value
$424,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Outstanding Balance
$172,269
Interest Rate
2.6%
Mortgage Type
Balloon
Estimated Equity
$233,769

Purchase Details

Listed on
Nov 12, 2018
Closed on
Dec 20, 2018
Sold by
Bd Property Holdings Llc
Bought by
Sorkin Zusman
Seller's Agent
Michael Robinson
RE/MAX Showcase
Buyer's Agent
Michael Robinson
RE/MAX Showcase
List Price
$219,900
Sold Price
$197,000
Premium/Discount to List
-$22,900
-10.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.49%

Purchase Details

Closed on
Dec 21, 2016
Sold by
Eastman Ben
Bought by
Bd Property Holdings L

Purchase Details

Closed on
Jan 25, 2010
Sold by
Eastman Ben
Bought by
Eastman Ben and Candelora Dave

Purchase Details

Closed on
Dec 16, 2009
Sold by
Aurora Loan Services L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 27, 2006
Sold by
Asmar Marshall
Bought by
Hutchison Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,400
Interest Rate
6.29%
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
Yozu Llc -- None Available
Sorkin Zusman $197,000 --
Bd Property Holdings L -- --
Eastman Ben -- --
Eastman Ben $60,250 --
Federal National Mortgage Association -- --
Aurora Loan Services L -- --
Hutchison Ronald $272,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sorkin Zusman $192,500
Previous Owner Sorkin Zusman B $134,400
Previous Owner Eastman Ben $610,000
Previous Owner Eastman Ben $95,000
Previous Owner Hutchison Ronald $258,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold $197,000 -10.4% $64 / Sq Ft
11/26/2018 11/26/18 Pending -- -- --
11/12/2018 11/12/18 For Sale $219,900 -- $71 / 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 $7,535 $191,240 $31,920 $159,320
2024 $7,363 $191,240 $31,920 $159,320
2023 $7,114 $191,240 $31,920 $159,320
2022 $7,602 $191,240 $31,920 $159,320
2021 $4,915 $112,000 $25,550 $86,450
2020 $4,915 $112,000 $25,550 $86,450
2019 $4,814 $112,000 $25,550 $86,450
2018 $4,814 $112,000 $25,550 $86,450
2017 $4,332 $112,000 $25,550 $86,450
2016 $3,351 $80,640 $11,340 $69,300
2015 $3,351 $80,640 $11,340 $69,300
2014 $3,351 $80,640 $11,340 $69,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170143341

SmartMLS

APN: NHVN-000324-000477-003300