NOT LISTED FOR SALE

Estimated Value: $939,000 - $1,115,000

8 Beds
3 Baths
3,800 Sq Ft
$262/Sq Ft Est. Value

Last Sold November 16, 2021

Last sale price $860,500 $226 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $6,275/month

2 Days on Market

About This Home

As of November 2021

Welcome to 332 shirley street, the perfect owner occupied multi-family or investment property. Head into your front door and into Unit 1, featuring 2 levels, 5 beds, 2 full bathrooms, and 2 sets of appliances for the perfect extended stay or large families. High ceilings, large rooms, and hardwoods span thru Unit 1, all while keeping a large kitchen and formal dining room spacious. Head upstairs where you will find an identical lay out to the first floor, another 3 bedrooms, large kitchen & and formal dining, with a pantry converted into in unit laundry. Each unit features front and rear decks, great to enjoy the sun or the ocean breeze. Parking is off street and accessed thru a deeded right of way on Pearl. Property has been well maintained over the years and primarily owner occupied in both units.

Last Listed By

The Reference Group

Reference Real Estate Listed on: 09/29/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,144

Year Built

  • 1925

Lot Details

  • 3,920

Additional Features

  • Property has 1 Level
  • 2 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,144

Year Built

1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • Directions: Shirley street to 332. To access rear parking lot come thru Pearl on deeded right of way.
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1925

Interior Features

  • Appliances: Unit 1(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Gas Water Heater, Utility Connections for Gas Range
  • Has Basement: Full, Finished, Interior Entry
  • Total Bathrooms: 3
  • MAIN LO: AN4847
  • LIST PRICE PER Sq Ft: 210.5
  • PRICE PER Sq Ft: 226.45
  • MAIN SO: AN5450
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Wood,Vinyl, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors)
  • Interior Amenities: Unit 1(Lead Certification Available,Bathroom with Shower Stall), Unit 2(Lead Certification Available,Storage,Bathroom with Shower Stall,Internet Available - Broadband), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Family Room,Mudroom), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Stories: 3
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Rubber
  • Exterior Features: Unit 1 Balcony/Deck
  • Foundation Details: Concrete Perimeter
  • Construction Type: Frame, Stone
  • Disclosures: Property Requires Flood Insurance, Policy Transferable Grandfathered Into Flood Zone X, Current Policy Is $860/Year. Subject To The Seller Securing Suitable Housing, A Property Is Under Contract With P&S. Prefered Closing Mid Nov, With 2-3 Day Lease Back For Move If Possible.
  • Exclusions: Owners / Tenant Belongings, See Attached Paperwork If Any.
  • Fencing: Fenced
  • Home Warranty: No
  • Lot Features: Other
  • Patio And Porch Features: Porch, Deck
  • Waterfront Features: Beach Front, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Deeded
  • Open Parking: Yes
  • Total Parking Spaces: 3

Utilities

  • Cooling: Unit 1(Window AC)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas)
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating Yn: Yes
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Water Source: Public

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, Public School, T-Station
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community: No

Fee Information

  • Annual Water Sewer Expense: 2500

Schools

  • High School: Winthrop High
  • Middle Or Junior School: Winthrop

Lot Info

  • LOT SIZE: 3881
  • PAGE: 80
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 3920.399999
  • Zoning: R

Multi Family

  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2
  • Electric Expense: 1200
  • Annual Gross Income: 78000
  • Insurance Expense: 2500
  • Property Net Operating Income: 61300
  • Number Of Units Total: 2
  • Annual Operating Expense: 16600
  • Total Actual Rent: 6500

Tax Info

  • Tax Annual Amount: 7362
  • Tax Book Number: 54371
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Nov 15, 2021
Sold by
Shannon Martin L and Shannon Daniel M
Bought by
Okpoebo Ikechukwu
Seller's Agent
The Reference Group
Reference Real Estate
Buyer's Agent
Chuks Okoli
Next Horizon Realty
List Price
$799,900
Sold Price
$860,500
Premium/Discount to List
$60,600
7.58%
Total Days on Market
2
Current Estimated Value
$994,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,973
Avg. Annual Appreciation
2.21%
Original Mortgage
$788,002
Outstanding Balance
$732,766
Interest Rate
3.01%
Mortgage Type
FHA
Estimated Equity
$196,066

Purchase Details

Closed on
Apr 28, 2015
Sold by
Ceruolo Llc
Bought by
Shannon Martin L and Shannon Daniel M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,957
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 15, 2007
Sold by
Ceruolo Richard A
Bought by
Ceruolo Llc

Purchase Details

Closed on
Oct 6, 2006
Sold by
Winter Janet A
Bought by
Ceruolo Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage

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
Okpoebo Ikechukwu $860,500 None Available
Shannon Martin L $440,000 --
Ceruolo Llc -- --
Ceruolo Richard A $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okpoebo Ikechukwu $788,002
Previous Owner Shannon Daniel M $405,000
Previous Owner Shannon Daniel M $401,500
Previous Owner Shannon Martin L $435,957
Previous Owner Ceruolo Richard A $320,000
Previous Owner Ceruolo Richard A $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2021 11/16/21 Sold $860,500 +7.6% $226 / Sq Ft
10/02/2021 10/02/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $799,900 -- $211 / 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 $9,144 $886,000 $326,900 $559,100
2024 $8,304 $796,900 $314,200 $482,700
2023 $8,977 $839,000 $287,600 $551,400
2022 $7,530 $640,300 $256,900 $383,400
2021 $7,362 $580,600 $229,300 $351,300
2020 $7,172 $568,300 $229,300 $339,000
2019 $7,059 $535,600 $211,400 $324,200
2018 $6,879 $485,800 $181,400 $304,400
2017 $6,371 $442,100 $160,800 $281,300
2016 $6,045 $393,300 $139,800 $253,500
2015 $5,041 $351,500 $135,800 $215,700
2014 -- $312,200 $126,300 $185,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72901779

MLS Property Information Network (MLS PIN)

APN: WINT-000039-000000-000024