NOT LISTED FOR SALE

Estimated Value: $390,000 - $512,000

6 Beds
2 Baths
2,080 Sq Ft
$223/Sq Ft Est. Value

Last Sold July 10, 2014

Last sale price $135,000 $65 Per Sq Ft

Est. 244% increase in value since last sale

Current estimated payment $2,792/month

Highlights

  • Central Heating and Cooling System
  • Carpet
  • Property has 1 Level

About This Home

As of July 2014

All brick duplex in great shape. Unit A remodeled in 2013. Unit B remodeled in March 2014. New carpet & paint throughout. Unit B HVAC replaced in 2012, new fridge in March. New hot water heater in unit A. Excellent cash flow!!! Almost 9.5% Cap Rate

Last Agent to Sell the Property

Jonathan Melcher

Benchmark Realty, LLC Brokerage Phone: 6153053910 License #326654 Listed on: 03/26/2014

Benchmark Realty, LLC

Last Buyer's Agent

Kassandra Green

Parks Compass License #291248

Parks Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,245

Year Built

  • Built in 1995

Lot Details

  • 8,712

Home Design

  • Duplex
  • Brick Exterior Construction

Interior Spaces

  • 2,080 Sq Ft Home
  • Property has 1 Level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Schools

  • Chadwell Elementary School
  • Gra-Mar Middle School
  • Maplewood Comp High School

Additional Features

  • Lot Dimensions are 45 x 200
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $1,600
  • Assessor Parcel Number 06008007200

Community Details

Overview

  • 2 Units
  • Lindsey Subdivision

Building Details

  • Operating Expense $1
  • Gross Income $19,200
  • Net Operating Income $19,199

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,245

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1995
  • Inclusions: APPLN
  • Unit Levels: One
  • Building Stories: 1
  • Structure Type: Duplex
  • Year Built Details: EXIST
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Assessor
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • Total Bedrooms: 6
  • Above Grade Finished Sq Ft: 2080
  • Building Area Units: Square Feet
  • Living Area: 2080
  • Living Area Units: Square Feet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Construction Type: Brick
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available, Sewer Available

Lot Info

  • Zoning: Duplex
  • Lot Size: 45 X 200
  • Lot Size Units: Acres
  • Parcel #: 06008007200
  • Property Attached Yn: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Gross Income: 19200
  • Above Grade Finished Area Units: Square Feet
  • Property Net Operating Income: 19199
  • Number Of Units Total: 2
  • Annual Operating Expense: 1
  • Total Actual Rent: 1600

Tax Info

  • Tax Annual Amount: 2245

MLS Schools

  • Elementary School: Chadwell Elementary
  • High School: Maplewood Comp High School
  • Middle Or Junior School: Gra-Mar Middle School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2014
Closed on
Jul 10, 2014
Sold by
Avery Charles H and Avery Elizabeth Ann
Bought by
Allen Mark S and Allen Wendy A
Seller's Agent
Jonathan Melcher
Benchmark Realty, LLC
Buyer's Agent
Kassandra Green
Parks Compass
List Price
$559,000
Sold Price
$135,000
Premium/Discount to List
-$424,000
-75.85%
Current Estimated Value
$463,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,824
Avg. Annual Appreciation
11.48%
Original Mortgage
$101,250
Outstanding Balance
$55,206
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$408,618

Purchase Details

Closed on
Dec 8, 2004
Sold by
Phillips Clyde Lawrence and Phillips Rebecca
Bought by
Avery Charles H and Avery Elizabeth Ann

Purchase Details

Closed on
May 12, 1995
Sold by
Aponte Paul and Watson Jack
Bought by
Avery Charles H

Purchase Details

Closed on
May 24, 1994
Sold by
Mellon Bank
Bought by
Aponte Paul and Watson Jack
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
Allen Mark S $135,000 Rudy Title & Escrow Llc
Avery Charles H $55,000 --
Avery Charles H $100,000 --
Aponte Paul $6,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Mark S $101,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2016 12/01/16 Off Market $135,000 -- --
10/20/2016 10/20/16 Price Changed $525,000 -3.3% $252 / Sq Ft
09/30/2016 09/30/16 Price Changed $543,000 -1.1% $261 / Sq Ft
08/30/2016 08/30/16 Price Changed $549,000 -1.1% $264 / Sq Ft
08/05/2016 08/05/16 Price Changed $555,000 -0.7% $267 / Sq Ft
07/22/2016 07/22/16 For Sale $559,000 +314.1% $269 / Sq Ft
07/10/2014 07/10/14 Sold $135,000 -- $65 / Sq Ft
Source: Realtracs

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 $4,178 $128,400 $16,200 $112,200
2023 $4,178 $128,400 $16,200 $112,200
2022 $4,178 $128,400 $16,200 $112,200
2021 $4,222 $128,400 $16,200 $112,200
2020 $2,754 $65,240 $12,000 $53,240
2019 $2,058 $65,240 $12,000 $53,240
2018 $2,058 $65,240 $12,000 $53,240
2017 $2,058 $65,240 $12,000 $53,240
2016 $2,245 $49,720 $6,480 $43,240
2015 $2,245 $49,720 $6,480 $43,240
2014 $2,245 $49,720 $6,480 $43,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realtracs

MLS Number: 1527064

Realtracs

APN: 060-08-0-072