NOT LISTED FOR SALE

Estimated Value: $765,763 - $954,000

5 Beds
5 Baths
3,315 Sq Ft
$264/Sq Ft Est. Value

Last Sold December 29, 2017

Last sale price $560,000 $169 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,500/month

18 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Public Transportation
  • Attic
  • Walking Distance to Water
  • Baseboard Heating

About This Home

As of December 2017

Two family home in shippan neighborhood. One unit is 3 levels with 3 bedrooms 2.5 baths with newer flooring, updated bathrooms and master bedroom with private bath. The other unit is 2 levels 2 bedrooms 1.5 baths. Paved off street parking each unit has parking spots. Units have separate utilities and laundry rooms. Full basement ideal for storage, newer siding and roof. Extra over 800 sqft not included. Located walking distance from shippan beach, park, tennis and basketball court.

Last Agent to Sell the Property

Waldde Valdez

Waldde Realty Group License #REB.0792416 Listed on: 08/21/2017

Last Buyer's Agent

Daniel Villacis

Modern Day Real Estate License #REB.0791324

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,101

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Stone Frame
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Stone

Interior Spaces

  • Partial Basement
  • Walkup Attic

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • Driveway
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Walking Distance to Water
  • Property is near public transit

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,101

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: Shippan
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 2247
  • Public Record Living Room Sq Ft: 2247
  • Sq Ft Est Heated Below Grade: 1068
  • Total Sq Ft: 3315
  • Year Built: 1920
  • Nearby Amenities: Basketball Court, Park, Playground/Tot Lot, Public Transportation, Tennis Courts
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 3435
  • Directions: off of cove
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 5.00
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Attic Description: Walk-up
  • Basement Description: Partial
  • Attic: Yes

Exterior Features

  • Exterior Siding: Aluminum
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Stone

Garage/Parking

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

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • 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

Lot Info

  • Acres: 0.1100
  • Lot Description: Level Lot
  • Zoning: R5

Multi Family

  • Unit Count: 2
  • Total Multi Family: 15
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 6101
  • Mil Rate Base: 25.590
  • Mil Rate Tax District: 1.300
  • Assessor Parcel Number: 331886

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
Aug 21, 2017
Closed on
Jan 3, 2018
Sold by
Bhupendra K Verma Lt and Verma
Bought by
Jimenez Wilton and Dejimenez Mercedes G
Seller's Agent
Waldde Valdez
Waldde Realty Group
Buyer's Agent
Daniel Villacis
Modern Day Real Estate
List Price
$599,000
Sold Price
$560,000
Premium/Discount to List
-$39,000
-6.51%
Current Estimated Value
$875,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,691
Avg. Annual Appreciation
5.79%
Original Mortgage
$549,857
Outstanding Balance
$462,692
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$412,999

Purchase Details

Closed on
Dec 20, 2016
Sold by
Verma Gisela and Verma Bhupendra K
Bought by
Verma Lt and Verma

Purchase Details

Closed on
Sep 12, 2002
Sold by
Kumar Sujatha B
Bought by
Verma Gisela E
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
Jimenez Wilton $560,000 --
Jimenez Wilton $560,000 --
Verma Lt -- --
Verma Lt -- --
Verma Gisela E $142,500 --
Verma Gisela E $142,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez Wilton $549,857
Closed Jimenez Wilton $549,857
Previous Owner Verma Gisela E $356,000
Previous Owner Verma Gisela E $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2017 12/29/17 Sold $560,000 -6.5% $169 / Sq Ft
11/20/2017 11/20/17 For Sale $599,000 +7.0% $181 / Sq Ft
10/17/2017 10/17/17 Off Market $560,000 -- --
08/21/2017 08/21/17 For Sale $599,000 0.0% $181 / Sq Ft
01/04/2015 01/04/15 Rented $2,473 -4.9% --
12/05/2014 12/05/14 Under Contract -- -- --
11/24/2014 11/24/14 For Rent $2,600 -- --
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
2025 $10,897 $455,580 $178,550 $277,030
2024 $10,642 $455,580 $178,550 $277,030
2023 $11,499 $455,580 $178,550 $277,030
2022 $9,636 $354,660 $129,400 $225,260
2021 $9,555 $354,660 $129,400 $225,260
2020 $9,345 $354,660 $129,400 $225,260
2019 $9,345 $354,660 $129,400 $225,260
2018 $33,713 $303,970 $129,400 $174,570
2017 $6,101 $226,880 $101,270 $125,610
2016 $5,926 $226,880 $101,270 $125,610
2015 $5,770 $226,880 $101,270 $125,610
2014 $5,624 $226,880 $101,270 $125,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170007503

SmartMLS

APN: STAM-000002-000000-001728