NOT LISTED FOR SALE

Estimated Value: $724,000 - $775,000

9 Beds
3 Baths
3,536 Sq Ft
$213/Sq Ft Est. Value

Last Sold July 05, 2022

Last sale price $650,000 $184 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,637/month

3 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Jogging Path
  • Medical Services
  • Wood Flooring
  • Balcony

About This Home

As of July 2022

***Multiple Offers: Please submit final offers by 5pm 4/10/22 for consideration***Beautifully updated three unit in sought after Indian Lake area* Spacious three bedroom units* Remodeled eat-in kitchens with new cabinets and tiled floors* Renovated bathrooms with ceramic tile* Hardwoods* New FHA heating systems in 2015* New Siding and windows in 2015* Updated Electric 2015* 2 new Water Heaters* new stove in unit 3* Great rental income with potential for increases* Excellent location with quick access to schools, shopping, and major routes* Walk to Indian Lake Beach

Last Agent to Sell the Property

David Stead

RE/MAX Partners Listed on: 04/06/2022

RE/MAX Partners

Last Buyer's Agent

Mark Balestracci

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,943

Year Built

  • Built in 1920

Lot Details

  • 5,077 Sq Ft Lot
  • Gentle Sloping Lot

Parking

  • Open Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,536 Sq Ft Home
  • Insulated Windows
  • Window Screens
  • Insulated Doors
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Balcony
  • Patio
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,375
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:13 B:014 L:00015,1775158

Community Details

Overview

  • 3 Units
  • Near Conservation Area
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Electric Expense $179
  • Insurance Expense $3,982
  • Water Sewer Expense $1,992
  • Operating Expense $10,434
  • Net Operating Income $31,266

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,943

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1920
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile,Varies Per Unit,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors,Stone/Ceramic Tile Floor), Unit 3(Tile Floor,Hardwood Floors,Wood Flooring,Stone/Ceramic Tile Floor)
  • Interior Amenities: Unit 1(Pantry,High Speed Internet Hookup,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower,Open Floor Plan,Internet Available - Broadband), Unit 2(Pantry,High Speed Internet Hookup,Upgraded Cabinets,Bathroom With Tub & Shower,Open Floor Plan,Internet Available - Broadband), Unit 3(Upgraded Cabinets,Walk-In Closet,Bathroom With Tub & Shower,Open Floor Plan,Internet Available - Broadband), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater,Tank Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Unit 1 Laundry Room
  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Living Area: 3536
  • Stories Total: 6
  • Window Features: Insulated Windows, Screens
  • MAIN LO: K01272
  • MAIN SO: AN2314

Exterior Features

  • Exterior Features: Balcony, Rain Gutters, Unit 2 Balcony/Deck, Unit 3 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Lake/Pond, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas), Unit 3(Forced Air,Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1992

Lot Info

  • Parcel Number: M:13 B:014 L:00015,1775158
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5077
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6943.36

Multi Family

  • Electric Expense: 179
  • Insurance Expense: 3982
  • Net Operating Income: 31266
  • Number Of Units Total: 3
  • Operating Expense: 10434
  • Total Actual Rent: 4375
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2016
Sold by
Tomen Rt
Bought by
Blackstone Equities Ll
Current Estimated Value
$741,104
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Blackstone Equities Ll $45,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/05/2022 07/05/22 Sold $650,000 +4.0% $184 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $625,000 +363.0% $177 / Sq Ft
02/28/2014 02/28/14 Sold $135,000 -10.0% $39 / Sq Ft View Prior Sale
01/29/2014 01/29/14 Pending -- -- --
12/16/2013 12/16/13 For Sale $150,000 -- $43 / 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 $9,051 $686,200 $98,600 $587,600
2024 $8,335 $606,200 $98,600 $507,600
2023 $7,985 $556,800 $85,800 $471,000
2022 $6,939 $456,200 $68,600 $387,600
2021 $6,116 $375,700 $54,900 $320,800
2020 $4,439 $261,100 $54,900 $206,200
2019 $4,433 $246,300 $49,400 $196,900
2018 $4,344 $229,700 $49,400 $180,300
2017 $4,088 $212,700 $49,400 $163,300
2016 $3,881 $188,300 $36,700 $151,600
2015 $3,779 $188,300 $36,700 $151,600
2014 $2,689 $137,600 $36,700 $100,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72963018

MLS Property Information Network (MLS PIN)

APN: WORC-000013-000014-000015