NOT LISTED FOR SALE

Estimated Value: $324,943 - $474,000

5 Beds
2 Baths
2,409 Sq Ft
$176/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $300,500 $125 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,046/month

64 Days on Market

Highlights

  • Beach Access
  • Property is near public transit
  • Bocce Ball Court
  • Deck
  • No HOA
  • Thermal Windows

About This Home

As of April 2021

Pride in ownership is evident in this multi-generational, family owned home. This home has been meticulously maintained & loved through the years & is evident throughout. Whether you're looking to live on one floor and have a tenant subsidize your mortgage or want a turn-key investment property - this is the one! First floor boasts hardwood floors & a spacious living room which is open to the large dining room space. Kitchen presents with white cabinetry & steps into laundry room. Door off kitchen hall leads out to a nice deck & patio overlooking a deep, fully fenced rear yard with garden area & shed. Two large bedrooms & a remodeled full bath complete the first floor. Second floor is a townhouse style unit boasting large living room open to the large dining space, kitchen with oak cabinetry, laundry room, a large bedroom, full bath & 3 season porch & walks up to the third floor with a small office area, family room area & a third bedroom - great space for the new work/school/shop from home world we live in! Full, dry basement offers great storage, in addition to a kitchenette & full bath! The long, paved driveway provides plenty of off street parking! Added features such as beautiful woodwork & high ceilings, freshly painted exterior, new trex covered front porch, replacement windows throughout, & gas utilities! Within walking distance to all major conveniences, restaurants & just 8 blocks to the beach/boardwalk! An incredible value & opportunity not to be missed!

Last Listed By

Regina Sauer

Houlihan Lawrence WD License #RES.0773962 Listed on: 02/08/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,718

Year Built

  • Built in 1930

Lot Details

  • 6,970 Sq Ft Lot
  • Kennel
  • Level Lot

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Ridge Vents on the Roof
  • Wood Siding
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 2,409 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Concrete Flooring
  • Storm Doors

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • Parking Deck
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Walking Distance to Water
  • Deck
  • Shed
  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Zoned Heating
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Recreation

  • Bocce Ball Court

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,718

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2409
  • Public Record Living Room Sq Ft: 2409
  • Total Sq Ft: 2409
  • Year Built: 1930
  • Nearby Amenities: Bocci Court, Commuter Bus, Library, Medical Facilities, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Remarks Public Addendum: Family has occupied both floors at below market rent. First floor to be vacant by end of February. Second floor might stay at a renegotiated market value rent or they might be vacating. Call agent for more details.
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 4496
  • Directions: GPS friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full With Hatchway, Partially Finished, Concrete Floor, Storage
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: No
  • Street Number Modifier: 31

Exterior Features

  • Exterior Features: Deck, Kennel, Porch, Shed
  • Exterior Siding: Vinyl Siding, Wood
  • Foundation Type: Masonry
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights, Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Paved

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard, Zoned
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Green Features

  • Energy Features: Ridge Vents, Storm Doors, Thermopane Windows

Lot Info

  • Acres: 0.1600
  • Lot Description: Level Lot
  • Flood Zone: No
  • Zoning: res

Multi Family

  • Unit Count: 2
  • Total Multi Family: 12
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 6718
  • Total Assessed Value: 139230
  • Mil Rate Base: 36.260
  • Mil Rate Tax District: 11.990
  • Mil Rate Total: 48.250
  • Assessor Parcel Number: 1423645

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2021
Closed on
Apr 16, 2021
Sold by
Bennett Jeffrey F
Bought by
Garcia-Xochihua Cesar and Garcia Marco A
Seller's Agent
Regina Sauer
Houlihan Lawrence WD
Buyer's Agent
Brette Stern
Calcagni Real Estate
List Price
$269,500
Sold Price
$300,500
Premium/Discount to List
$31,000
11.5%
Total Days on Market
64
Current Estimated Value
$423,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,486
Avg. Annual Appreciation
8.97%
Original Mortgage
$240,400
Outstanding Balance
$220,777
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$205,443

Purchase Details

Closed on
Oct 6, 2004
Sold by
Bennett James M and Bennett Kathleen B
Bought by
Bennett Jeffrey F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

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
Garcia-Xochihua Cesar $300,500 None Available
Garcia-Xochihua Cesar $300,500 None Available
Bennett Jeffrey F $255,000 --
Bennett Jeffrey F $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia-Xochihua Cesar $240,400
Closed Garcia-Xochihua Cesar $240,400
Previous Owner Bennett James M $245,000
Previous Owner Bennett James M $204,000
Previous Owner Bennett James M $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $300,500 +11.5% $125 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $269,500 -- $112 / Sq Ft
Source: SmartMLS

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 $8,355 $172,200 $42,840 $129,360
2023 $8,009 $172,200 $42,840 $129,360
2022 $7,852 $172,200 $42,840 $129,360
2021 $7,852 $172,200 $42,840 $129,360
2018 $6,718 $139,230 $34,650 $104,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170370914

SmartMLS

APN: 27 80