NOT LISTED FOR SALE

Estimated Value: $539,000 - $613,000

5 Beds
3 Baths
2,851 Sq Ft
$201/Sq Ft Est. Value

Last Sold January 07, 2022

Last sale price $385,000 $135 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,639/month

8 Days on Market

About This Home

As of January 2022

A great value for the savvy investor. Three family home in a great location is producing income income with potential for more. Well maintained home has high efficiency heating system, aluminum siding, low maintenance yard and off-street parking for two cars. Excellent East Side location close to downtown, services and easy highway access. Immaculate first floor one-bedroom unit has washer/dryer hook-up and private storage room. Second floor two bedroom unit has private porch and storage room. Third floor two-bedroom is occupied by current owners who have made many improvements to the property. The numbers work for investors - add another tenant for increased revenue OR be an owner-occupant and let the tenants pay your mortgage. Seize the opportunity!

Last Agent to Sell the Property

Cynthia Coughlin

Duston Leddy Real Estate License #055168 Listed on: 11/16/2021

Last Buyer's Agent

Nick Gray

Gray Property Group, LLC License #074306

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,132

Year Built

  • Built in 1901

Lot Details

  • 2,396 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Stone Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 3 Full Bathrooms
  • 2,851 Sq Ft Home
  • 3-Story Property
  • Unfinished Basement
  • Interior Basement Entry

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Paved Parking
  • On-Street Parking
  • Parking Permit Required

Utilities

  • Hot Water Heating System
  • Heating System Uses Oil
  • Gas Available at Street
  • Oil Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Rose bush in backyard
  • Tax Lot 7

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,132

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Multi-Family
  • Directions: Bridge Street to Malvern Street to East High Street
  • Flood Zone: Unknown
  • Assessment Amount: 331500
  • Assessment Year: 2021
  • Construction: Existing
  • Items Excluded: Rose bush in backyard
  • Total Stories: 3
  • Price Per Sq Ft: 135.04
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 3822
  • Sq Ft - Apx Total Finished: 2851
  • Year Built: 1901
  • Remarks Public: A great value for the savvy investor. Three family home in a great location is producing income income with potential for more. Well maintained home has high efficiency heating system, aluminum siding, low maintenance yard and off-street parking for two cars. Excellent East Side location close to downtown, services and easy highway access. Immaculate first floor one-bedroom unit has washer/dryer hook-up and private storage room. Second floor two bedroom unit has private porch and storage room. Third floor two-bedroom is occupied by current owners who have made many improvements to the property. The numbers work for investors - add another tenant for increased revenue OR be an owner-occupant and let the tenants pay your mortgage. Seize the opportunity!
  • List Agent: 16136
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Unfinished
  • Sq Ft - Apx Finished AG: 2851
  • Sq Ft - Apx Unfinished BG: 971

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Aluminum
  • Foundation: Granite
  • Road Frontage: TBD
  • Roads: Paved, Public
  • Roof: Shingle - Asphalt

Garage/Parking

  • Parking: Driveway, On Street, Parking Spaces 2, Permit Required

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Public
  • Water: Public
  • Water Heater: Oil
  • Heating Fuel: Oil
  • Heating: Hot Water
  • Total Heat Units: 1
  • Total Ranges: 3
  • Total Refrigerators: 3
  • Total Water Heaters: 1
  • Utilities: Cable, Gas - At Street, Internet - Cable

Lot Info

  • Map: 409
  • Lot: 7
  • Lot Sq Ft: 2396
  • Lot Acres: 0.055
  • Lot Description: City Lot
  • Surveyed: Unknown
  • Zoning: R-3
  • Deed Book: 9142
  • Deed Page: 813
  • Deed Recorded Type: Warranty

Multi Family

  • Total Full Baths: 3
  • Total Units: 3
  • Total1 Bedroom Units: 1
  • Total2 Bedroom Units: 2

Tax Info

  • Tax Gross Amount: 5131.75
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2021
Closed on
Jan 7, 2022
Sold by
Crow Shyann A
Bought by
Gilani Fahad
Seller's Agent
Cynthia Coughlin
Duston Leddy Real Estate
Buyer's Agent
Nick Gray
Gray Property Group, LLC
List Price
$350,000
Sold Price
$385,000
Premium/Discount to List
$35,000
10%
Current Estimated Value
$572,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,924
Avg. Annual Appreciation
11.34%
Original Mortgage
$288,750
Outstanding Balance
$267,238
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$303,829

Purchase Details

Listed on
Aug 14, 2018
Closed on
Jan 25, 2019
Sold by
Cronin Noreen A
Bought by
Crow Shyann A
Seller's Agent
Frank Rosano
Pierre Peloquin Realty
Buyer's Agent
Tal Hagbi
RE/MAX Synergy
List Price
$239,900
Sold Price
$239,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.46%
Original Mortgage
$232,707
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 17, 1983
Bought by
Cronin Mary E
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
Gilani Fahad $425,000 None Available
Crow Shyann A $237,000 --
Cronin Mary E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilani Fahad $288,750
Previous Owner Crow Shyann A $232,707
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $385,000 +10.0% $135 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
11/16/2021 11/16/21 For Sale $350,000 +45.9% $123 / Sq Ft
01/30/2019 01/30/19 Sold $239,900 0.0% $84 / Sq Ft
01/09/2019 01/09/19 Pending -- -- --
09/30/2018 09/30/18 Price Changed $239,900 -4.0% $84 / Sq Ft
08/15/2018 08/15/18 Price Changed $249,900 +4.2% $88 / Sq Ft
08/14/2018 08/14/18 For Sale $239,900 -- $84 / Sq Ft
Source: PrimeMLS

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 $6,491 $331,500 $78,000 $253,500
2023 $6,252 $331,500 $78,000 $253,500
2022 $6,047 $331,500 $78,000 $253,500
2021 $5,861 $331,500 $78,000 $253,500
2020 $5,132 $208,100 $56,700 $151,400
2019 $5,061 $208,100 $56,700 $151,400
2018 $4,855 $207,400 $56,700 $150,700
2017 $7,182 $207,400 $56,700 $150,700
2016 $4,799 $207,400 $56,700 $150,700
2015 $4,765 $203,300 $56,700 $146,600
2014 $4,778 $203,300 $56,700 $146,600
2013 $4,609 $203,300 $56,700 $146,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4890802

PrimeMLS

APN: MNCH-000409-000000-000007