NOT LISTED FOR SALE

Estimated Value: $457,000 - $639,000

7 Beds
3 Baths
1,510 Sq Ft
$350/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $395,000 $262 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,244/month

6 Days on Market

About This Home

As of August 2023

Spacious two unit property located near Clark University, perfect for an investor looking for academic rentals or owner occupant. The first floor has 4 bedrooms and 2 bathrooms with laundry area. The second floor has 2 bedrooms and one bathroom, the kitchen also has a combination washer/dryer. Large paved driveway for 4 +/- cars. Seller believes that the property is located in the University Park Partnership area, buyer should check with Clark University to confirm if in area and what is included. Both floors are leased until May 2024. Appliances included Stoves (2), Dishwashers (2), Refrigerators (2), Washer, Dryer, Combination Washer/Dryer .Property is leased until May 2024.

Last Agent to Sell the Property

Vanessa Valery

George Russell Realty, LLC Listed on: 07/21/2023

Last Buyer's Agent

Otis Tat

Excelsior Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,363

Year Built

  • Built in 1890

Lot Details

  • 5,368

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,510 Sq Ft Home
  • Property has 1 Level
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Additional Features

  • Enclosed Patio or Porch
  • 5,368 Sq Ft Lot
  • 110 Volts

Listing and Financial Details

  • Total Actual Rent $2,925
  • Assessor Parcel Number M:06 B:039 L:00037,1768163

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $2,400
  • Insurance Expense $1,626
  • Water Sewer Expense $1,000
  • Operating Expense $10,929
  • Net Operating Income $24,171

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,363

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1890
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Refrigerator,Washer / Dryer Combo)
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Unit 1 Laundry Room
  • Living Area: 1510
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: K01294
  • MAIN SO: AN6125

Exterior Features

  • Exterior Features: Porch - Enclosed
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Electric: 110 Volts
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1000

Lot Info

  • Parcel Number: M:06 B:039 L:00037,1768163
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5368
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5363

Multi Family

  • Electric Expense: 2400
  • Insurance Expense: 1626
  • Net Operating Income: 24171
  • Number Of Units Total: 2
  • Operating Expense: 10929
  • Total Actual Rent: 2925
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2016
Closed on
Oct 6, 2016
Sold by
Hampton Properties Llc
Bought by
Kmw Enterprises Llc
Seller's Agent
Jason Saphire
Saphire Hospitality, Inc.
Buyer's Agent
David Ingalls
George Russell Realty, LLC
List Price
$289,000
Sold Price
$280,000
Premium/Discount to List
-$9,000
-3.11%
Current Estimated Value
$528,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,351
Avg. Annual Appreciation
7.16%

Purchase Details

Closed on
Nov 23, 2009
Sold by
Oppong Regina
Bought by
Hampton Prop Llc

Purchase Details

Closed on
Nov 23, 2004
Sold by
Cortelek Diane
Bought by
Oppong Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kmw Enterprises Llc $280,000 --
Hampton Prop Llc $53,000 --
Oppong Regina $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oppong Regina $204,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2023 08/31/23 Sold $395,000 -9.6% $262 / Sq Ft
07/28/2023 07/28/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $437,000 +56.1% $289 / Sq Ft
10/06/2016 10/06/16 Sold $280,000 -3.1% $185 / Sq Ft View Prior Sale
09/19/2016 09/19/16 Pending -- -- --
09/07/2016 09/07/16 For Sale $289,000 -- $191 / 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 $5,680 $430,600 $84,300 $346,300
2024 $5,720 $416,000 $84,300 $331,700
2023 $5,363 $374,000 $73,300 $300,700
2022 $5,216 $342,900 $58,600 $284,300
2021 $4,326 $265,700 $46,900 $218,800
2020 $4,043 $237,800 $46,600 $191,200
2019 $4,165 $231,400 $40,700 $190,700
2018 $4,066 $215,000 $40,700 $174,300
2017 $3,844 $200,000 $40,700 $159,300
2016 $3,483 $169,000 $29,600 $139,400
2015 $3,392 $169,000 $29,600 $139,400
2014 $3,302 $169,000 $29,600 $139,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73139191

MLS Property Information Network (MLS PIN)

APN: WORC-000006-000039-000037