NOT LISTED FOR SALE

Estimated Value: $709,177 - $794,000

4 Beds
2 Baths
2,754 Sq Ft
$270/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $425,000 $154 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,829/month

51 Days on Market

Highlights

  • Beach Front
  • No HOA
  • Baseboard Heating
  • Property is near public transit
  • Public Transportation
  • Level Lot

About This Home

As of February 2018

Nicely located in the heart of cove-shippan 2fam. with a finished basement. It is a short sale: the sale price and the real estate commission are subject to the lienholder(s)' approval.

Last Agent to Sell the Property

Arbis Faustin

Faustin Realty Group License #REB.0758860 Listed on: 09/06/2017

Last Buyer's Agent

Fazel Karim

Guy Bocicaut Real Estate License #RES.796650

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,948

Year Built

  • Built in 1962

Lot Details

  • 3,920 Sq Ft Lot
  • Beach Front
  • Level Lot

Property Views

  • Water
  • City

Home Design

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

Interior Spaces

  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Lot
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near shops

Utilities

  • Radiator
  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Public Transportation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,948

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Neighborhood: Cove
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1836
  • Public Record Living Room Sq Ft: 1836
  • Sq Ft Est Heated Below Grade: 918
  • Total Sq Ft: 2754
  • Year Built: 1962
  • Nearby Amenities: Medical Facilities, Park, Playground/Tot Lot, Public Transportation, Shopping/Mall
  • Remarks Public Addendum: Nicely located in the heart cove-Shippan 2fam. with a finished basement. It is a short: the short sale : the sale price and the real estate commission are subject to the lienholder's approval.
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3421
  • Directions: shippan ave to Hardwell ST.
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full, Fully Finished
  • Attic: No
  • Street Number Modifier: 43

Exterior Features

  • Exterior Siding: Shingle, Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking, Parking Lot

Utilities

  • Heat Type: Baseboard, Hot Air, Radiator
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected, Public Water In Street
  • Sewer: Public Sewer Connected, Public Sewer In Street

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.0900
  • Lot Description: City Views, Water View, Level Lot
  • Zoning: R5

Multi Family

  • Unit Count: 2
  • Total Multi Family: 8
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 5948
  • Total Assessed Value: 221190
  • Mil Rate Base: 25.590
  • Mil Rate Tax District: 1.300
  • Mil Rate Total: 26.890
  • Assessor Parcel Number: 319049

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 13, 2018
Sold by
Kader Abdul
Bought by
Ahmed Jamal and Ali Haider
Current Estimated Value
$746,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$494,000
Outstanding Balance
$429,910
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$313,384

Purchase Details

Listed on
Sep 6, 2017
Closed on
Mar 2, 2018
Sold by
Midy Wesner
Bought by
Kader Abdul
Seller's Agent
Arbis Faustin
Faustin Realty Group
Buyer's Agent
Fazel Karim
Guy Bocicaut Real Estate
List Price
$519,900
Sold Price
$425,000
Premium/Discount to List
-$94,900
-18.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$318,750
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2004
Sold by
Alvarez Jorge and Alvarez Leticia
Bought by
Midy Wesner

Purchase Details

Closed on
Aug 1, 2003
Sold by
Fields T T and Fields F
Bought by
Alvarez Jonge and Alvarez Leticia
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
Ahmed Jamal $520,000 --
Ahmed Jamal $520,000 --
Kader Abdul $425,000 --
Kader Abdul $425,000 --
Midy Wesner $576,800 --
Midy Wesner $576,800 --
Alvarez Jonge $432,600 --
Alvarez Jonge $432,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Jamal $494,000
Closed Ahmed Jamal $494,000
Previous Owner Kader Abdul $318,750
Previous Owner Alvarez Jonge $50,500
Previous Owner Alvarez Jonge $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2018 02/28/18 Sold $425,000 -18.3% $154 / Sq Ft
10/27/2017 10/27/17 Pending -- -- --
09/06/2017 09/06/17 For Sale $519,900 -- $189 / 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 $8,912 $372,560 $165,890 $206,670
2024 $8,703 $372,560 $165,890 $206,670
2023 $9,403 $372,560 $165,890 $206,670
2022 $7,838 $288,470 $130,670 $157,800
2021 $7,771 $288,470 $130,670 $157,800
2020 $7,601 $288,470 $130,670 $157,800
2019 $7,601 $288,470 $130,670 $157,800
2018 $7,421 $290,680 $130,670 $160,010
2017 $5,948 $221,190 $104,520 $116,670
2016 $5,777 $221,190 $104,520 $116,670
2015 $5,625 $221,190 $104,520 $116,670
2014 $5,483 $221,190 $104,520 $116,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170012349

SmartMLS

APN: STAM-000000-000000-007264