NOT LISTED FOR SALE

Estimated Value: $299,400 - $432,000

10 Beds
2.5 Baths
3,465 Sq Ft
$106/Sq Ft Est. Value

Last Sold December 27, 2013

Last sale price $90,000 $26 Per Sq Ft

Est. 307% increase in value since last sale

Current estimated payment $2,224/month

25 Days on Market

About This Home

As of December 2013

INVESTORS TAKE NOTICE, This one is simple, BUY THE HOUSE, MAKE MONEY. IT'S THAT EASY! Put cash in your pocket every month! GREAT RENTAL HISTORY 10+ year tenants paying $1700/month combined, on voucher assistance. This 2 family in Forest Park with finished 3rd floor and 2 car garage CERTIFIED DE-LEADED. First floor unit has 6 rooms with 4 bedrooms and 1 bath. 2nd floor unit has 2 bedrooms and 1 bath and an additional 4 bedrooms and half bath on 3rd floor. Separate utilities, tenants pay their own heat and electric. POSITIVE CASH FLOW month after month, this one not only makes sense, it makes dollars!! LETS DO THE MATH!! 30 Year Fixed Mortgage at current rate of 4.16% with 20% down, estimated mortgage payment $434/month. THAT MEANS YOU COULD PUT $1266.00 IN YOUR POCKET MONTHLY!! (THESE ARE ONLY ESTIMATES, CONSULT A LENDER OR PAY CASH AND THE HOUSE PAYS FOR ITSELF IN JUST OVER 4 YEARS)

Last Agent to Sell the Property

Nicholas Graveline

The Graveline Group, LLC Listed on: 10/10/2013

Last Buyer's Agent

Maria Von Hollander

Coldwell Banker Realty - Western MA

Coldwell Banker Realty - Western MA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,156

Year Built

  • Built in 1913

Lot Details

  • 5,663

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Brick Foundation

Interior Spaces

  • 3,465 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 10 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Additional Features

  • 5,663 Sq Ft Lot
  • Gas Water Heater

Community Details

  • 2 Units
  • Net Operating Income $20,400

Listing and Financial Details

  • Total Actual Rent $1,700
  • Assessor Parcel Number S:07730 P:0007,2591801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,156

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1913
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 2.5
  • Basement: Full, Concrete
  • Living Area: 3465
  • Stories Total: 3
  • MAIN LO: an1199
  • LIST PRICE PER Sq Ft: 25.38
  • PRICE PER Sq Ft: 25.97
  • MAIN SO: M05900

Exterior Features

  • Foundation Details: Brick/Mortar
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: S:07730 P:0007,2591801
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5662.8
  • Lot Size Units: Acres
  • LOT SIZE: 5863
  • PAGE: 71

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2156
  • Tax Book Number: 13854

Multi Family

  • Gross Income: 20400
  • Net Operating Income: 20400
  • Number Of Units Total: 2
  • Total Actual Rent: 1700
  • LEVELS 1: 1
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 22, 2003
Sold by
34 Lester Street Rt and Cardaropoli Attilio F
Bought by
Hamilton Ann Marie
Current Estimated Value
$366,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Outstanding Balance
$52,270
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$311,278
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
Hamilton Ann Marie $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Ann Marie $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2013 12/27/13 Sold $90,000 +2.3% $26 / Sq Ft
11/27/2013 11/27/13 Pending -- -- --
10/09/2013 10/09/13 For Sale $87,950 -- $25 / 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 $3,382 $215,700 $30,900 $184,800
2024 $3,021 $188,100 $30,900 $157,200
2023 $2,963 $173,800 $28,100 $145,700
2022 $3,489 $185,400 $26,300 $159,100
2021 $3,015 $159,500 $23,900 $135,600
2020 $2,846 $145,700 $23,900 $121,800
2019 $2,588 $131,500 $23,900 $107,600
2018 $2,578 $131,000 $23,900 $107,100
2017 $2,387 $121,400 $22,400 $99,000
2016 $2,129 $108,300 $22,400 $85,900
2015 $2,148 $109,200 $22,400 $86,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71594941

MLS Property Information Network (MLS PIN)

APN: SPRI-007730-000000-000007