NOT LISTED FOR SALE

Estimated Value: $1,016,078 - $1,170,000

7 Beds
4 Baths
3,436 Sq Ft
$317/Sq Ft Est. Value

Last Sold May 09, 2022

Last sale price $795,000 $231 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,862/month

61 Days on Market

Highlights

  • Property is near public transit
  • Finished Attic
  • No HOA
  • Brien Mcmahon High School Rated A-
  • 1 Fireplace
  • Smart Appliances

About This Home

As of May 2022

3-Family property conveniently located in the SONO area. Great investor opportunity- below-market rents- walking distance to train stations and shopping centers, located within close proximity of I-95 and Route 1. This is a fantastic multi-family property. The first unit offers 3br. 2 full baths. The second unit features 1br. 1ba, living room, kitchen, and eat-in kitchen and also has been freshly painted. The 3rd unit offers 3br, 1ba. living room, dining room, and kitchen. This is an extraordinary opportunity for investors or owner-occupants.

Last Agent to Sell the Property

Jonas Thomas

Thomas Real Estate License #REB.0756730 Listed on: 02/09/2022

Last Buyer's Agent

Ann Rosati

William Raveis Real Estate License #RES.0584055

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,288

Year Built

  • Built in 1900

Lot Details

  • 0.28 Acre Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Masonry

Interior Spaces

  • 3,436 Sq Ft Home
  • 1 Fireplace
  • Unfinished Basement
  • Shared Basement
  • Finished Attic
  • Smart Appliances

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Parking

  • Private Driveway
  • Off-Street Parking

Accessible Home Design

  • Multiple Entries or Exits

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Hot Water Heating System
  • Heating System Uses Gas
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Additional Features

  • Public Transportation
  • Gross Income $71,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,288

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: SONO
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 3436
  • Public Record Living Room Sq Ft: 3436
  • Total Sq Ft: 3436
  • Year Built: 1900
  • Nearby Amenities: Commuter Bus, Library, Medical Facilities, Public Pool, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Handicap Features: Multiple Entries/Exits
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 6196
  • Directions: Connecticut Ave ( Route 1) to Cedar Street to # 37 Bayview Ave.
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Fireplaces: 1
  • Attic Description: Finished
  • Basement Description: Shared Basement, Unfinished
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No
  • Home Automation: Appliances
  • Street Number Modifier: 37

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Masonry, Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Private, Paved

Utilities

  • Heat Type: Gas on Gas, Hot Water
  • Heat Fuel Type: Electric
  • Fuel Tank Location: In Basement
  • Hot Water Description: 50 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.2800
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: C

Multi Family

  • Gross Annual Income: 71100
  • Net Operating Income: 48944
  • Unit Count: 3
  • Total Multi Family: 15
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2021-June 2022
  • Property Tax: 9288
  • Total Assessed Value: 387560
  • Mil Rate Base: 20.910
  • Mil Rate Tax District: 3.056
  • Mil Rate Total: 23.966
  • Assessor Parcel Number: 233035

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2022
Closed on
May 6, 2022
Sold by
Crisotomo Carlos and Crisotomo Maria
Bought by
Bbb Investors Llc
Seller's Agent
Jonas Thomas
Thomas Real Estate
Buyer's Agent
Ann Rosati
William Raveis Real Estate
List Price
$779,000
Sold Price
$795,000
Premium/Discount to List
$16,000
2.05%
Current Estimated Value
$1,090,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,270
Avg. Annual Appreciation
9.53%
Original Mortgage
$596,250
Outstanding Balance
$561,985
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$528,285

Purchase Details

Closed on
Nov 22, 2006
Sold by
Dugue Ramon A and Dugue Gloria E
Bought by
Crisotomo Carlos and Crisotomo Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
6.39%

Purchase Details

Closed on
Apr 4, 2000
Sold by
Maxwell Linden
Bought by
Duque Ramon

Purchase Details

Closed on
Dec 22, 1987
Sold by
Huey Deboraah
Bought by
Maxwell Linden
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
Bbb Investors Llc $795,000 None Available
Bbb Investors Llc $795,000 None Available
Crisotomo Carlos $635,000 --
Crisotomo Carlos $635,000 --
Duque Ramon $300,000 --
Duque Ramon $300,000 --
Maxwell Linden $318,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bbb Investors Llc $596,250
Closed Bbb Investors Llc $596,250
Previous Owner Maxwell Linden $508,000
Previous Owner Maxwell Linden $125,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/09/2022 05/09/22 Sold $795,000 +2.1% $231 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
02/09/2022 02/09/22 For Sale $779,000 -- $227 / 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
2025 $13,726 $574,300 $156,240 $418,060
2024 $13,522 $574,300 $156,240 $418,060
2023 $9,722 $387,560 $107,420 $280,140
2022 $9,513 $387,560 $107,420 $280,140
2021 $9,290 $387,560 $107,420 $280,140
2020 $9,284 $387,560 $107,420 $280,140
2019 $9,036 $387,560 $107,420 $280,140
2018 $6,758 $254,010 $96,640 $157,370
2017 $6,523 $254,010 $96,640 $157,370
2016 $6,462 $254,010 $96,640 $157,370
2015 $6,444 $254,010 $96,640 $157,370
2014 $6,361 $254,010 $96,640 $157,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170466120

SmartMLS

APN: NORW-000002-000029-000004