NOT LISTED FOR SALE

Estimated Value: $1,662,545

3 Beds
2 Baths
1,992 Sq Ft
$835/Sq Ft Est. Value

Last Sold January 17, 2020

Last sale price $1,075,000 $540 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $9,868/month

343 Days on Market

About This Home

As of January 2020

Great investment or restaurant opportunity. Block has many established businesses and popular restaurants as well as several new emerging ones. Right now the recently renovated restaurant (equipment not included) seats 40 people. The upstairs apartment is spacious and sunny and has two large bedrooms and a smaller room too. It has also undergone extensive renovations. In the heart of Jeffries Point, this property sits on an 1,164 s.f. lot. The restaurant and apartment are each approximately 1,000 s.f. Current rents are lower than current market value. No tenants have leases.

Last Agent to Sell the Property

Anthony Giacalone

Tony's Realty Listed on: 05/27/2018

Last Buyer's Agent

Anthony Giacalone

Tony's Realty Listed on: 05/27/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,123

Year Built

  • Built in 1930

Lot Details

  • 1,307

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number W:01 P:04889 S:000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,123

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 627.51
  • Comp Based On: Net Sale Price
  • Year Built: 1930
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 3
  • Total Brs: 3
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 6
  • Basement: Y
  • Main Lo: BB9775
  • Main So: BB9775
  • Estimated Sq Ft: 1992.00

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessments: 418000.00
  • Acre: 0.03
  • Lot Size: 1164.00
  • Page: 26
  • Parcel Number: W:01 P:04889 S:000
  • Zoning: mixed use

Multi Family

  • Total Levels: 2
  • Total Rent: 3650
  • Total Rms: 7
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 4380.64
  • Assessor Parcel Number: 1329825

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2021
Sold by
329 Sumner Llc
Bought by
Eb Portfolio Hldg 2021 2
Current Estimated Value
$1,662,545

Purchase Details

Listed on
May 27, 2018
Closed on
Dec 23, 2019
Sold by
Benson Cassandra and Wells Mary A
Bought by
329 Sumner Llc
Seller's Agent
Anthony Giacalone
Tony's Realty
Buyer's Agent
Anthony Giacalone
Tony's Realty
List Price
$1,250,000
Sold Price
$1,075,000
Premium/Discount to List
-$175,000
-14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.99%
Original Mortgage
$950,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2007
Sold by
Depasquale Ronald A and Depasquale Ronald
Bought by
Benson Cassandra and Wells Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
6.27%
Mortgage Type
Commercial
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
Eb Portfolio Hldg 2021 2 -- None Available
Eb Portfolio Hldg 2021 2 -- None Available
329 Sumner Llc $1,075,000 None Available
Benson Cassandra $330,000 --
Benson Cassandra $330,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eb Portfolio Hldg 2021 $2,000,000
Previous Owner 329 Sumner Llc $950,000
Previous Owner 3 Old Dogs Llc $650,000
Previous Owner Benson Cassandra $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $1,075,000 -14.0% $540 / Sq Ft
05/05/2019 05/05/19 Pending -- -- --
09/28/2018 09/28/18 For Sale $1,250,000 +16.3% $628 / Sq Ft
09/27/2018 09/27/18 Off Market $1,075,000 -- --
05/27/2018 05/27/18 For Sale $1,250,000 -- $628 / 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 $12,123 $467,000 $108,900 $358,100
2024 -- $492,100 $108,900 $383,200
2023 $0 $498,700 $108,900 $389,800
2022 $0 $455,300 $108,900 $346,400
2021 $0 $479,800 $104,200 $375,600
2020 $0 $461,100 $104,200 $356,900
2019 $0 $453,000 $104,200 $348,800
2018 $0 $418,000 $96,400 $321,600
2017 $0 $388,000 $88,700 $299,300
2016 -- $330,000 $82,400 $247,600
2015 -- $288,500 $71,600 $216,900
2014 -- $260,500 $62,200 $198,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72334259

MLS Property Information Network (MLS PIN)

APN: EBOS-000000-000001-004889