NOT LISTED FOR SALE

Estimated Value: $719,000 - $804,000

4 Beds
2 Baths
3,025 Sq Ft
$250/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $436,000 $144 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $4,792/month

30 Days on Market

Highlights

  • Deck
  • Patio
  • Forced Air Zoned Heating and Cooling System
  • 1 Fireplace
  • Tankless Water Heater
  • Level Lot

About This Home

As of January 2021

Excellent investment opportunity - Great Location - Minutes from the beach. Two - 2 bedroom one bath units - each with kitchen, dining room and living room 2nd floor unit has a fireplace and balcony and the first floor unit has a patio. Each unit also has a washer and dryer. Total Rent for both units from 2020 to June 2021 is $30,600. Total Rent for both units from 2021 to 2022 will be $33,200. First floor unit lease expires on 06/30/2022Second floor lease expires on 06/30/2021Current rent for first floor unit is $1400.00 per month and Current rent for second floor unit is $1150.00 per month Roof replaced in 2011 and new heating and cooling in 2nd floor in 2011

Last Agent to Sell the Property

Sharon Clark

D'Amico & McConnell Realtors License #0569625 Listed on: 10/12/2020

Last Buyer's Agent

Sharon Clark

D'Amico & McConnell Realtors License #0569625 Listed on: 10/12/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,724

Year Built

  • Built in 1953

Lot Details

  • Level Lot

Parking

  • Paved Parking

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 2-Story Property
  • 1 Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Schools

  • Wall Intermediate

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for hot water, snow removal, heat, gas, electricity
  • The owner pays for water, sewer
  • Assessor Parcel Number 5200206000000006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,724

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • ResoLotFeatures: Level
  • Subdivision Name: None
  • Year Built: 1953
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • ExteriorPatio: Yes
  • Location Middle School: Wall Intermediate
  • Cooling Central Air: Yes
  • Roof Shingled: Yes
  • WaterSewer Public Water: Yes
  • General Property Info # Fireplaces: 1.0
  • ExteriorDeck: Yes
  • Unit 1 AC Unit: Yes
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 AC Unit2: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dryer2: Yes
  • Roof Rubber Roll: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Stories: 2
  • Basement:Slab: Yes
  • Appliances:Water Heater - Tankless: Yes

Exterior Features

  • Roof: Shingle, Rubber
  • Waterfront: No
  • Exterior Features: Deck, Patio

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: Paved
  • General Property Info:Garage: No
  • Parking:Paved2: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Wall Intermediate

Lot Info

  • Parcel #: 5200206000000006

Rental Info

  • Tenant Pays: See Remarks, Hot Water, Snow Removal, Heat, Gas, Electricity
  • Owner Pays: Water, Sewer

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7724.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Jan 29, 2021
Sold by
Miller Arthur F
Bought by
3279 Kennedy Boulevard Llc
Seller's Agent
Sharon Clark
D'Amico & McConnell Realtors
Buyer's Agent
Sharon Clark
D'Amico & McConnell Realtors
List Price
$469,000
Sold Price
$436,000
Premium/Discount to List
-$33,000
-7.04%
Current Estimated Value
$757,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,059
Avg. Annual Appreciation
13.33%

Purchase Details

Closed on
Jul 31, 2009
Sold by
Miller Raymond M and Miller Eugene S
Bought by
Miller Arthur F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 23, 2009
Sold by
Miller Arthur F and Miller Arthur F
Bought by
Miller Raymond M and Miller Eugene S

Purchase Details

Closed on
Oct 4, 1996
Sold by
Hall Thomas
Bought by
Miller Arthur and Miller Jean
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
3279 Kennedy Boulevard Llc $440,000 Surety Ttl Agcy Coastal Regi
Miller Arthur F $185,000 None Available
Miller Raymond M -- None Available
Miller Arthur $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Arthur F $180,000
Previous Owner Miller Arthur F $265,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $436,000 -7.0% $144 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $469,000 -- $155 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $8,385 $395,900 $112,500 $283,400
2024 $8,187 $395,900 $112,500 $283,400
2023 $8,187 $395,900 $112,500 $283,400
2022 $7,584 $395,900 $112,500 $283,400
2021 $7,584 $395,900 $112,500 $283,400
2020 $7,827 $395,900 $112,500 $283,400
2019 $7,724 $395,900 $112,500 $283,400
2018 $7,657 $395,900 $112,500 $283,400
2017 $7,506 $395,900 $112,500 $283,400
2016 $7,368 $395,900 $112,500 $283,400
2015 $7,881 $265,800 $48,200 $217,600
2014 $7,602 $262,600 $45,000 $217,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22034908

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 52-00206-0000-00006