NOT LISTED FOR SALE

Estimated Value: $277,853 - $614,000

5 Beds
3 Baths
2,801 Sq Ft
$164/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $180,000 $64 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $3,338/month

56 Days on Market

About This Home

As of October 2018

Renovated three unit apartments in excellent condition. 10 CAP. Nets $19,260.

Cash only offer

There is a mortgage of $160,000.00. It has no monthly interest and principal payments and the mortgage amount will be FORGIVEN in full in 2026
as long as the rents do not exceed 30% of adjusted income of a family whose annual income equals 65% of the area median income less the monthly allowance for the utilities.
Utilities and services excluding telephone to be paid by the tenant

Last Listed By

John Zervos

DVB Commercial Realty LLC License #REB.0751147 Listed on: 08/30/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,882

Year Built

  • Built in 1892

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • 2,801 Sq Ft Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Masonry

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 1 Car Garage
  • Off-Street Parking

Utilities

  • Air Source Heat Pump
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,882

Year Built

Built in 1892

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Sq Ft Est Heated Above Grade: 2801
  • Public Record Living Room Sq Ft: 2801
  • Total Sq Ft: 2801
  • Year Built: 1892
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 4833
  • Directions: Head North on state st and turn left on Yale
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full With Walk-Out
  • Laundry Room Info: Coin Op Laundry
  • Attic: No
  • Street Number Modifier: 33

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Masonry
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Garages Number: 1

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 30 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.1700
  • Lot Description: N/A
  • Zoning: RC

Multi Family

  • Unit Count: 3
  • Total Multi Family: 11
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 8882
  • Total Assessed Value: 163360
  • Mil Rate Base: 54.370
  • Mil Rate Total: 54.370
  • Assessor Parcel Number: 18455

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2020
Sold by
Elvir Jose
Bought by
Elvir Jose and Elvir Lesly
Total Days on Market
56
Current Estimated Value
$460,463

Purchase Details

Listed on
Aug 30, 2018
Closed on
Oct 29, 2018
Sold by
Mha Yale St Llc
Bought by
Elvir Jose
Seller's Agent
John Zervos
DVB Commercial Realty LLC
Buyer's Agent
John Zervos
DVB Commercial Realty LLC
List Price
$190,000
Sold Price
$180,000
Premium/Discount to List
-$10,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.42%

Purchase Details

Closed on
Apr 15, 2005
Sold by
Perkins Rudolph
Bought by
Mha Yale Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 10, 1988
Sold by
Williams Walter
Bought by
Sparks James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
10.21%
Mortgage Type
Commercial

Range of Values:

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Average Value
Not Available
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
Elvir Jose -- None Available
Elvir Jose -- None Available
Elvir Jose $180,000 --
Mha Yale Street Llc $175,000 --
Mha Yale Street Llc $175,000 --
Sparks James $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sparks James $110,000
Previous Owner Sparks James $27,800
Previous Owner Sparks James $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $180,000 -5.3% $64 / Sq Ft
08/30/2018 08/30/18 For Sale $190,000 -- $68 / 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 $9,414 $216,660 $53,590 $163,070
2023 $9,414 $216,660 $53,590 $163,070
2022 $9,414 $216,660 $53,590 $163,070
2021 $9,414 $216,660 $53,590 $163,070
2020 $8,820 $163,360 $16,230 $147,130
2019 $8,820 $163,360 $16,230 $147,130
2018 $8,882 $163,360 $16,230 $147,130
2017 $8,882 $163,360 $16,230 $147,130
2016 $8,882 $163,360 $16,230 $147,130
2015 $8,794 $208,400 $24,560 $183,840
2014 $8,794 $208,400 $24,560 $183,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170120548

SmartMLS

APN: BRID-001140-000016