NOT LISTED FOR SALE

Estimated Value: $655,234 - $796,000

5 Beds
3 Baths
2,469 Sq Ft
$289/Sq Ft Est. Value

Last Sold July 20, 2021

Last sale price $590,000 $239 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,647/month

165 Days on Market

Highlights

  • City View
  • No HOA
  • Walking Distance to Water
  • Attic
  • Balcony
  • Porch

About This Home

As of July 2021

Great Investment Opportunity! Two family within walking distance to Beach. 1Flr-has 2 Full Bath & Eat In Kitchen. Bedrooms are currently 3, however buyer can remove the wall from one of them to make a bigger Bedroom. Living Room is currently used as a Bedroom and has a door to the Master suite which leads to the front entrance. 2Flr has Full Bath, Eat In Kitchen, Living Room (currently used as a Bedroom) plus 2 additional Bedrooms. The house has an expansive Attic space. Finished Walkout Basement with Full Bath, two additional rooms plus mechanical room. (Public Record with 4 Bedrooms 2 Full Baths.) 1st Floor has gas cooking & gas heat. 2nd Floor has gas cooking & elec. heat. Tenant pays for their own utilities. Big Parking Lot with Plenty of off street parking. Great location in near Cove Island, beaches, Cummings Park and Chelsea Piers! Must see to appreciate.

Last Agent to Sell the Property

Irene Cheung

BHGRE Shore & Country License #RES.0800750 Listed on: 01/15/2021

BHGRE Shore & Country

Last Buyer's Agent

Irene Cheung

BHGRE Shore & Country License #RES.0800750 Listed on: 01/15/2021

BHGRE Shore & Country

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,100

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • City Views
  • Storage In Attic

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Apartment Living Space in Basement

Parking

  • Private Driveway
  • Parking Lot

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Porch

Schools

  • Toquam Magnet Elementary School
  • Rippowam Middle School
  • Westhill High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,100

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Neighborhood: Cove
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1722
  • Public Record Living Room Sq Ft: 1722
  • Sq Ft Est Heated Below Grade: 747
  • Total Sq Ft: 2469
  • Year Built: 1920
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 2811
  • Directions: Off Cove Rd, (Goodwill, Shop Rite, Frederick St, Soundview Ave, Van Buskirk Ave )
  • Special Features: None

Interior Features

  • Total Bedrooms: 5
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Storage Space
  • Basement Description: Partially Finished, Walk-out, Apartment
  • Attic: Yes
  • Street Number Modifier: 37

Exterior Features

  • Exterior Features: Balcony, Porch
  • Exterior Siding: Vinyl Siding, Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Walk to Water
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Parking Lot
  • Driveway Type: Private

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard, Gas on Gas
  • Heat Fuel Type: Electric, Natural Gas
  • Fuel Tank Location: In Basement
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Toquam Magnet
  • Middle School: Rippowam
  • High School: Westhill

Lot Info

  • Acres: 0.1100
  • Lot Description: City Views
  • Zoning: R5

Multi Family

  • Unit Count: 2
  • Total Multi Family: 9
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 7100
  • Total Assessed Value: 269440
  • Mil Rate Base: 25.330
  • Mil Rate Tax District: 1.020
  • Mil Rate Total: 26.350
  • Assessor Parcel Number: 326230

MLS Schools

  • Elementary School: Toquam Magnet
  • Middle Jr High School: Rippowam
  • High School: Westhill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2021
Closed on
Jul 20, 2021
Sold by
Lee Pearly W and Lee Wee C
Bought by
Yang Ming F
Seller's Agent
Irene Cheung
BHGRE Shore & Country
Buyer's Agent
Irene Cheung
BHGRE Shore & Country
List Price
$599,000
Sold Price
$590,000
Premium/Discount to List
-$9,000
-1.5%
Current Estimated Value
$720,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,750
Avg. Annual Appreciation
6.05%
Original Mortgage
$390,000
Outstanding Balance
$356,311
Interest Rate
2.93%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$393,035

Purchase Details

Closed on
Oct 31, 1995
Sold by
Conte Guiseppe and Conte Velia
Bought by
Lee Wee Chun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Yang Ming F $590,000 None Available
Yang Ming F $590,000 None Available
Lee Wee Chun $192,500 --
Lee Wee Chun $192,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Ming F $390,000
Closed Yang Ming F $390,000
Previous Owner Lee Wee Chun $468,000
Previous Owner Lee Wee Chun $455,000
Previous Owner Lee Wee Chun $280,200
Previous Owner Lee Wee Chun $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2021 07/20/21 Sold $590,000 -1.5% $239 / Sq Ft
06/29/2021 06/29/21 Pending -- -- --
06/29/2021 06/29/21 For Sale $599,000 +1.5% $243 / Sq Ft
01/23/2021 01/23/21 Off Market $590,000 -- --
01/15/2021 01/15/21 For Sale $599,000 -- $243 / 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 $8,412 $351,680 $178,550 $173,130
2024 $8,215 $351,680 $178,550 $173,130
2023 $8,876 $351,680 $178,550 $173,130
2022 $7,321 $269,440 $129,400 $140,040
2021 $7,259 $269,440 $129,400 $140,040
2020 $7,100 $269,440 $129,400 $140,040
2019 $7,100 $269,440 $129,400 $140,040
2018 $6,879 $269,440 $129,400 $140,040
2017 $5,461 $203,090 $101,270 $101,820
2016 $5,305 $203,090 $101,270 $101,820
2015 $5,165 $203,090 $101,270 $101,820
2014 $5,035 $203,090 $101,270 $101,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170365318

SmartMLS

APN: STAM-000001-000000-005384