NOT LISTED FOR SALE

Estimated Value: $347,000 - $399,000

6 Beds
3 Baths
2,560 Sq Ft
$147/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $215,000 $84 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $2,437/month

12 Days on Market

Highlights

  • Attic
  • Thermal Windows
  • Ceiling Fan
  • No HOA
  • Porch
  • Baseboard Heating

About This Home

As of May 2020

Extensively renovated low maintenance 3-family home. All units are fully renovated and have 2 bedrooms with one full bath. The living room in Apt. 1 and Apt. 2 are also being used as bedrooms so that there are 3 bedrooms in Apt. 1 and 2. Tenants pay separate heat, electrical and hot water. All apartments have electric heat and hot water. Off-street parking in large rear yard can be available via private driveway. Currently all units are rented and the property has an excellent rental history. The annual net operating income over is $19,900.

Last Agent to Sell the Property

Thomas Sheldon

Signature Properties of NewEng License #RES.0759468 Listed on: 02/24/2020

Last Buyer's Agent

Jennifer Sobiech

RE/MAX Legends License #RES.0801510

RE/MAX Legends

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,664

Year Built

  • Built in 1893

Lot Details

  • 5,227 Sq Ft Lot
  • Sloped Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,560 Sq Ft Home
  • Ceiling Fan
  • Thermal Windows
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • Gravel Driveway
  • Off-Street Parking
  • Unassigned Parking

Outdoor Features

  • Rain Gutters
  • Porch

Schools

  • Dover Jackson Middle School
  • New London High School

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $29,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,664

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Neighborhood: Town Hill
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 2560
  • Public Record Living Room Sq Ft: 2560
  • Total Sq Ft: 2560
  • Year Built: 1893
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 3991
  • Directions: Coleman St to Redden Ave to Summer St.
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Full With Walk-Out, Concrete Floor
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Street Number Modifier: 39

Exterior Features

  • Exterior Features: Gutters, Porch, Sidewalk
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Unassigned Parking, Driveway, Off Street Parking
  • Driveway Type: Gravel

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Usage Fee Annual: 600

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Dover Jackson
  • High School: New London

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.1200
  • Lot Description: Sloping Lot
  • Zoning: R-2

Multi Family

  • Gross Annual Income: 29700
  • Net Operating Income: 19976
  • Unit Count: 3
  • Total Multi Family: 14
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2019-June 2020
  • Property Tax: 4664
  • Total Assessed Value: 116900
  • Mil Rate Base: 39.900
  • Mil Rate Total: 39.900
  • Assessor Parcel Number: 1999485

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Dover Jackson
  • High School: New London

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2020
Closed on
May 14, 2020
Sold by
Kallen Jeremy
Bought by
Jimenez Guzman
Seller's Agent
Thomas Sheldon
Signature Properties of NewEng
Buyer's Agent
Jennifer Sobiech
RE/MAX Legends
List Price
$199,900
Sold Price
$215,000
Premium/Discount to List
$15,100
7.55%
Current Estimated Value
$376,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,770
Avg. Annual Appreciation
9.91%
Original Mortgage
$211,105
Outstanding Balance
$187,885
Interest Rate
3.3%
Mortgage Type
FHA
Estimated Equity
$167,906

Purchase Details

Closed on
Apr 16, 2010
Sold by
Indymac Bk
Bought by
Kallen Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,855
Interest Rate
4.97%

Purchase Details

Closed on
Jan 10, 2007
Sold by
Montero Carmen
Bought by
Christopoolas Daniel

Purchase Details

Closed on
Jul 6, 2001
Sold by
Rivera Betsbeth
Bought by
Montero Carmen

Purchase Details

Closed on
May 21, 1999
Sold by
Imc Mtg Co
Bought by
Rivera Betsabeth and Rivera Dodimin
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
Jimenez Guzman $215,000 None Available
Guzman-Jimenez Carlos J $215,000 None Available
Kallen Jeremy $57,140 --
Kallen Jeremy $57,140 --
Christopoolas Daniel $295,000 --
Christopoolas Daniel $295,000 --
Montero Carmen $150,000 --
Montero Carmen $150,000 --
Rivera Betsabeth $22,000 --
Rivera Betsabeth $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guzman-Jimenez Carlos J $44,292
Open Guzman-Jimenez Carlos J $211,105
Closed Guzman-Jimenez Carlos J $211,105
Previous Owner Donihee Bernard J $145,600
Previous Owner Donihee Bernard J $42,855
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $215,000 +7.6% $84 / Sq Ft
04/28/2020 04/28/20 Price Changed $199,900 0.0% $78 / Sq Ft
04/28/2020 04/28/20 For Sale $199,900 0.0% $78 / Sq Ft
03/07/2020 03/07/20 Pending -- -- --
03/01/2020 03/01/20 For Sale $199,900 -7.0% $78 / Sq Ft
02/26/2020 02/26/20 Off Market $215,000 -- --
02/25/2020 02/25/20 For Sale $199,900 -7.0% $78 / Sq Ft
02/24/2020 02/24/20 Off Market $215,000 -- --
02/24/2020 02/24/20 For Sale $199,900 -- $78 / 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 $5,144 $189,100 $40,100 $149,000
2024 $5,200 $189,100 $40,100 $149,000
2023 $4,353 $116,900 $32,060 $84,840
2022 $4,362 $116,900 $32,060 $84,840
2021 $4,436 $116,900 $32,060 $84,840
2020 $4,464 $116,900 $32,060 $84,840
2019 $4,664 $116,900 $32,060 $84,840
2018 $3,763 $86,030 $30,870 $55,160
2017 $3,808 $86,030 $30,870 $55,160
2016 $3,481 $86,030 $30,870 $55,160
2015 $3,397 $86,030 $30,870 $55,160
2014 $2,948 $86,030 $30,870 $55,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170274068

SmartMLS

APN: NLON-000025-000125-000020