NOT LISTED FOR SALE

Estimated Value: $2,357,250

31 Beds
6 Baths
7,533 Sq Ft
$313/Sq Ft Est. Value

Sale Details

Date Sold: February 12, 2019

Last sale price $1,499,000 $199 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $14,355 / mo

1 Day on Market

About This Home

As of February 2019

This is a great turn key opportunity! Fully rented 31 unit SRO in excellent condition. Close to public transportation and airport, with in walking distance to grocery store. Showing via appointments only.

Last Agent to Sell the Property

David Adams

Olde Towne Real Estate Co. Listed on: 02/07/2019

Last Buyer's Agent

Guy Contaldi

RE/MAX Andrew Realty Services

RE/MAX Andrew Realty Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1884

Lot Details

  • 5,227

Flooring

  • Wood
  • Tile

Utilities

  • Natural Gas Water Heater

Property Details

Home Type

Multi-Family

Year Built

Built in 1884

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: Multi-family
  • Commission: 2.00
  • Seller Agency: 2.00
  • Sub-Agency Relationship Offered: Yes
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 198.99
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1884
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1884

Interior Features

  • Flooring: Wood, Tile
  • No Bedrooms: 31
  • Total Brs: 31
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Fbh: 4
  • Total Hbh: 2
  • No Rooms: 3
  • Main Lo: AN2428
  • Main So: K95001
  • Estimated Sq Ft: 7533.00

Exterior Features

  • Foundation: Fieldstone

Garage/Parking

  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 110 Volts
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Dryer

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access

Lot Info

  • Assessments: 801000.00
  • Acre: 0.12
  • Lot Size: 5425.00
  • Page: 999
  • Zoning: 99
  • Lot Description: Corner

Multi Family

  • Total Rent: 18740
  • Total Rms: 31
  • No Units: 31
  • Mf Type: 5+ Family - Rooming House

Tax Info

  • Taxes: 12142.00
  • Assessor Parcel Number: 2007689

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2019
Closed on
Feb 12, 2019
Sold by
Brown Julie
Bought by
J & A Dasilva Ventures Llc
Seller's Agent
David Adams
Olde Towne Real Estate Co.
Buyer's Agent
Guy Contaldi
RE/MAX Andrew Realty Services
List Price
$1,499,000
Sold Price
$1,499,000
Current Estimated Value
$2,357,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$858,250
Avg. Annual Appreciation
6.45%
Original Mortgage
$1,124,250
Outstanding Balance
$974,331
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,382,919

Purchase Details

Listed on
Feb 7, 2019
Closed on
Feb 6, 2019
Sold by
41 Light Street Llc
Bought by
Brown Julie
Seller's Agent
David Adams
Olde Towne Real Estate Co.
Buyer's Agent
Guy Contaldi
RE/MAX Andrew Realty Services
List Price
$1,499,000
Sold Price
$1,499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,124,250
Outstanding Balance
$974,331
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,382,919

Purchase Details

Closed on
Feb 1, 2007
Sold by
41 Light Street Rt and Targete
Bought by
41 Light Street Llc

Purchase Details

Closed on
Mar 14, 2003
Sold by
May Two Llc
Bought by
41 Light St Rt

Purchase Details

Closed on
Jan 7, 2003
Sold by
Mayo Group Llc
Bought by
Mayo Two Llc

Purchase Details

Closed on
Jun 13, 2002
Sold by
Range Rt and Polansky
Bought by
Mayo Group Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
J & A Dasilva Ventures Llc -- --
J & A Dasilva Ventures Llc -- --
J & A Dasilva Ventures Llc -- --
Brown Julie $1,499,000 --
Brown Julie R $1,499,000 --
41 Light Street Llc -- --
41 Light Street Llc -- --
41 Light St Rt $600,000 --
41 Light St Rt $600,000 --
Mayo Two Llc -- --
Mayo Two Llc -- --
Mayo Group Llc $400,000 --
Mayo Group Llc $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Julie R $1,124,250
Closed Brown Julie $1,124,250
Previous Owner Mayo Group Llc $800,000
Previous Owner Mayo Group Llc $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2019 02/12/19 Sold $1,499,000 0.0% $199 / Sq Ft
02/08/2019 02/08/19 Pending -- -- --
02/07/2019 02/07/19 For Sale $1,499,000 -- $199 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $22,280 $2,150,600 $728,000 $1,422,600
2024 $21,789 $2,069,200 $672,000 $1,397,200
2023 $20,052 $1,798,400 $672,000 $1,126,400
2022 $19,140 $1,539,800 $588,000 $951,800
2021 $16,595 $1,273,600 $336,000 $937,600
2020 $16,101 $1,201,600 $336,000 $865,600
2019 $12,999 $909,000 $224,000 $685,000
2018 $12,141 $801,400 $224,000 $577,400
2017 $11,856 $760,000 $224,000 $536,000
2016 $11,108 $686,500 $224,000 $462,500
2015 $9,765 $583,000 $196,000 $387,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72450997

MLS Property Information Network (MLS PIN)

APN: LYNN-000036-000792-000010

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