NOT LISTED FOR SALE

Estimated Value: $583,865 - $676,000

5 Beds
2 Baths
2,214 Sq Ft
$294/Sq Ft Est. Value

Last Sold January 29, 2020

Last sale price $404,000 $182 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,836/month

37 Days on Market

About This Home

As of January 2020

$20K price reduction in this amazing property. Nothing to do but just move in! This renovated 2 family located within close proximity to the commuter rail and shopping is ideal for both an investor and owner-occupant! Unit 1 is currently rented M2M at $1,600, and the bi-level second unit is owner occupied! Both feature modern bathrooms and eat in kitchens with modern cabinetry & dishwashers, and great layout throughout the home. Front-facing, sunsplashed living rooms. New roof & New Windows, Completely updated: low maintenance vinyl siding, electric, kitchens, bathrooms, gas furnaces, flooring. Seller has also made myriad upgrades since he bought it. Laundry hook-ups and extra storage in basement. This is a cash cow with very little ongoing maintenance required and robust rental history. Elevation certificate in hand!!!!!!!

Last Agent to Sell the Property

Zuleem Garcia

exp Realty Listed on: 09/25/2019

Last Buyer's Agent

Michelle Fermin

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 3,049

Additional Features

  • Wood Flooring
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 184.73
  • Comp Based On: Net Sale Price
  • Year Built: 1890
  • Lead Paint: Certified Treated
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1890

Interior Features

  • Flooring: Wood
  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Full, Walk Out, Interior Access, Bulkhead, Concrete Floor, Unfinished Basement
  • Main Lo: G95022
  • Main So: AN4339
  • Estimated Sq Ft: 2214.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 110 Volts
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station

Lot Info

  • Assessments: 297900.00
  • Acre: 0.07
  • Lot Size: 3200.00
  • Page: 310
  • Zoning: Res
  • Lot Description: Paved Drive, Fenced/Enclosed, Level

Green Features

  • Energy Features: Insulated Windows, Insulated Doors, Prog. Thermostat

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rent: 1600
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 4075.20
  • Assessor Parcel Number: 4208946

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2019
Closed on
Jan 29, 2020
Sold by
Lima Ortiz
Bought by
Cepeda Fernando
Seller's Agent
Zuleem Garcia
exp Realty
Buyer's Agent
Michelle Fermin
Century 21 North East
List Price
$429,900
Sold Price
$404,000
Premium/Discount to List
-$25,900
-6.02%
Current Estimated Value
$651,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,716
Avg. Annual Appreciation
8.50%
Original Mortgage
$396,682
Outstanding Balance
$351,900
Interest Rate
3.7%
Mortgage Type
FHA
Estimated Equity
$299,816

Purchase Details

Listed on
Sep 23, 2016
Closed on
Jan 12, 2017
Sold by
Chenelle Rt
Bought by
Ortiz-Lima Luis S
Seller's Agent
Jose Martinez
Realty ONE Group Nest
Buyer's Agent
Yanelys Martinez
LAER Realty Partners
List Price
$259,900
Sold Price
$260,000
Premium/Discount to List
$100
0.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.55%
Original Mortgage
$255,290
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 31, 2009
Sold by
Consumer Solution Reo
Bought by
Chenelle Rt and Chenelle Gerald

Purchase Details

Closed on
Mar 7, 2008
Sold by
Jaquez Jose R
Bought by
Consumer Solution Reo

Purchase Details

Closed on
Jun 16, 2006
Sold by
Escotto Deyanira R
Bought by
Jaquez Jose R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,100
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2004
Sold by
Escotto Deyanira and Montero Juan
Bought by
Escotto Deyanira R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,300
Interest Rate
5.88%

Purchase Details

Closed on
Apr 29, 2004
Sold by
Montero Juan
Bought by
Montero Juan and Escotto Deyanira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,300
Interest Rate
5.88%

Purchase Details

Closed on
Dec 14, 1998
Sold by
Montero Juan
Bought by
Cabrera Xiomara

Purchase Details

Closed on
Feb 4, 1997
Sold by
Whalen Rose
Bought by
Montero Juan

Purchase Details

Closed on
May 28, 1993
Sold by
Fnma
Bought by
Hart Edmund W

Purchase Details

Closed on
Nov 27, 1990
Sold by
Chasse Christinia M
Bought by
Chasse Sylvain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
10.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cepeda Fernando $404,000 None Available
Ortiz-Lima Luis S $260,000 --
Chenelle Rt $82,500 --
Consumer Solution Reo $240,125 --
Jaquez Jose R $349,000 --
Escotto Deyanira R -- --
Montero Juan -- --
Cabrera Xiomara $2,000 --
Montero Juan $40,000 --
Hart Edmund W $4,200 --
Chasse Sylvain $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cepeda Fernando $396,682
Previous Owner Ortiz-Lima Luis S $255,290
Previous Owner Jaquez Jose R $314,100
Previous Owner Escotto Deyanira R $204,300
Previous Owner Chasse Sylvain $15,000
Previous Owner Chasse Sylvain $11,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/29/2020 01/29/20 Sold $404,000 -1.2% $182 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
10/10/2019 10/10/19 Price Changed $409,000 -4.9% $185 / Sq Ft
09/25/2019 09/25/19 For Sale $429,900 +65.3% $194 / Sq Ft
01/11/2017 01/11/17 Sold $260,000 +2.0% $117 / Sq Ft View Prior Sale
10/18/2016 10/18/16 Pending -- -- --
10/12/2016 10/12/16 Price Changed $254,900 -1.9% $115 / Sq Ft
09/23/2016 09/23/16 For Sale $259,900 -- $117 / 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 $4,890 $555,700 $97,500 $458,200
2024 $4,613 $498,700 $102,400 $396,300
2023 $4,780 $470,500 $98,900 $371,600
2022 $4,317 $377,400 $93,200 $284,200
2021 $4,417 $360,000 $93,200 $266,800
2020 $4,272 $343,700 $77,700 $266,000
2019 $4,075 $297,900 $57,800 $240,100
2018 $3,732 $260,600 $52,300 $208,300
2017 $3,438 $224,100 $49,600 $174,500
2016 $3,556 $229,300 $38,700 $190,600
2015 $3,284 $217,200 $38,700 $178,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72571109

MLS Property Information Network (MLS PIN)

APN: LAWR-000170-000000-000120