NOT LISTED FOR SALE

Estimated Value: $170,928 - $424,000

11 Beds
3 Baths
3,846 Sq Ft
$69/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $120,000 $31 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,777/month

47 Days on Market

Highlights

  • Property is near public transit
  • No HOA
  • Public Transportation
  • Attic
  • Porch
  • Baseboard Heating

About This Home

As of May 2021

Handyman Special! Bring your contractors! More photos to come!! Brand new 30 year roof!! Massive, almost 4,000 Square feet building. Legal 3 unit. Low taxes. Potential monthly income of $3500! The third and second floor are completely gutted. Electrical and plumbing are good to go! This multi family home has 4 bedrooms and 1 full bathroom on the first floor unit and second floor unit. 3rd Floor unit has 3 bedrooms and one full bathroom. Each unit is approximately 1200 -1300 Square feet. Each unit has a porch on each floor. First floor has a tenant, do not disturb. Property will be delivered vacant with no tenants. FHA 203(k), Conventional, and Hard Money OK.

Last Agent to Sell the Property

David White

OwnerEntry.com License #REB.0792976 Listed on: 03/16/2021

Last Buyer's Agent

Melba Turner

Equity Realty Group, LLC License #RES.0803318

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,733

Year Built

  • Built in 1914

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 3,846 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Breezeway
  • Porch

Location

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

Utilities

  • Baseboard Heating
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,733

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Neighborhood: Downtown
  • Property Type: Multi-Family For Sale
  • Sq Ft Est Heated Above Grade: 3846
  • Public Record Living Room Sq Ft: 3846
  • Total Sq Ft: 3846
  • Year Built: 1914
  • Nearby Amenities: Public Transportation, Walk to Bus Lines
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Directions: GPS to 403 Willow Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 11
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Pull-Down Stairs
  • Basement Description: Full
  • Attic: Yes
  • Street Number Modifier: 403

Exterior Features

  • Exterior Features: Breezeway, Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block, Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: On Street Parking

Utilities

  • Heat Type: Baseboard, Gas on Gas
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1600
  • Lot Description: N/A
  • Zoning: RM

Multi Family

  • Unit Count: 3
  • Total Multi Family: 17
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 2733
  • Total Assessed Value: 45390
  • Mil Rate Base: 60.210
  • Mil Rate Total: 60.210
  • Assessor Parcel Number: 1375191

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
May 12, 2021
Sold by
403 Willow Llc
Bought by
Munoz Luis A
Seller's Agent
David White
OwnerEntry.com
Buyer's Agent
Melba Turner
Equity Realty Group, LLC
List Price
$160,000
Sold Price
$120,000
Premium/Discount to List
-$40,000
-25%
Current Estimated Value
$264,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,482
Avg. Annual Appreciation
20.28%

Purchase Details

Listed on
Aug 8, 2020
Closed on
Oct 21, 2020
Sold by
Mullins Joseph C
Bought by
Parikh Shrint and Patel Satyam
Seller's Agent
Marsha Lowe
Dave Jones Realty, LLC
Buyer's Agent
Marsha Lowe
Dave Jones Realty, LLC
List Price
$139,900
Sold Price
$129,900
Premium/Discount to List
-$10,000
-7.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.57%
Original Mortgage
$97,425
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2014
Sold by
Velezis Nicholas M and Velezis Tina
Bought by
Mullins Joseph C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
4.14%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Munoz Luis A $120,000 None Available
Parikh Shrint $129,900 None Available
Mullins Joseph C $105,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munoz Luis A $250,000
Previous Owner Parikh Shrint $97,425
Previous Owner Velezis Tina $104,000
Previous Owner Velezis Tina $129,239
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $120,000 -7.7% $31 / Sq Ft
05/02/2021 05/02/21 Pending -- -- --
04/14/2021 04/14/21 Price Changed $130,000 -7.1% $34 / Sq Ft
04/06/2021 04/06/21 Price Changed $140,000 -6.7% $36 / Sq Ft
03/29/2021 03/29/21 Price Changed $150,000 -3.2% $39 / Sq Ft
03/26/2021 03/26/21 Price Changed $155,000 -3.1% $40 / Sq Ft
03/16/2021 03/16/21 For Sale $160,000 +23.2% $42 / Sq Ft
10/15/2020 10/15/20 Sold $129,900 -13.3% $34 / Sq Ft
10/13/2020 10/13/20 Pending -- -- --
08/13/2020 08/13/20 Price Changed $149,900 +7.1% $39 / Sq Ft
08/08/2020 08/08/20 For Sale $139,900 -- $36 / 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 $4,018 $89,320 $7,770 $81,550
2024 $4,416 $89,320 $7,770 $81,550
2023 $4,840 $89,320 $7,770 $81,550
2022 $2,733 $45,390 $7,800 $37,590
2021 $2,733 $45,390 $7,800 $37,590
2020 $2,733 $45,390 $7,800 $37,590
2019 $2,733 $45,390 $7,800 $37,590
2018 $2,733 $45,390 $7,800 $37,590
2017 $1,880 $31,220 $7,800 $23,420
2016 $1,880 $31,220 $7,800 $23,420
2015 $1,818 $31,220 $7,800 $23,420
2014 $1,818 $31,220 $7,800 $23,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170381048

SmartMLS

APN: WATE-000197-000737-000036