NOT LISTED FOR SALE
6 Beds
3 Baths
4,233 Sq Ft
3,049 Sq Ft Lot

Last Sold July 30, 2018

Last sale price $699,000 $165 Per Sq Ft

56 Days on Market

About This Home

As of July 2018

Amazing opportunity to own this East Lynn mixed use building. Sale will include building, business, and all equipment. Fantastic visibility and traffic count for this well known building. First floor commercial space is currently being used as sandwich, butcher, and prepared foods store. Retail store is approximately 1,500 SF. Second and third floor apartments are both 3 beds, 1 bath. Building is vinyl sided, replacement windows throughout, updated utilities, apartments have been updated.Building has a full basement. Apartments are renting for a total of $3,200 per month. Schedule an appointment to see this fantastic opportunity today!

Last Agent to Sell the Property

Andrew Chapman

Four Points Real Estate, LLC Listed on: 04/04/2018

Last Buyer's Agent

Hector Cocar

Skylimit Real Estate LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 3,049

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:097 B:416 L:001

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 170.09
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Fbh: 2
  • Total Hbh: 1
  • No Rooms: 12
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AC0295
  • Main So: AC0756
  • Estimated Sq Ft: 4233.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Foundation: Fieldstone

Garage/Parking

  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessments: 411000.00
  • Acre: 0.07
  • Lot Size: 3073.00
  • Page: 444
  • Parcel Number: M:097 B:416 L:001
  • Zoning: R1
  • Lot Description: Corner

Multi Family

  • APOD Available: Yes
  • Total Levels: 3
  • Total Rent: 3200
  • Total Rms: 10
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 6226.65
  • Assessor Parcel Number: 1997393

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2018
Closed on
Jul 30, 2018
Sold by
Luckys Sons Llc
Bought by
Giorgio Albert and Giorgio Maryann
Seller's Agent
Andrew Chapman
Four Points Real Estate, LLC
Buyer's Agent
Hector Cocar
Skylimit Real Estate LLC
List Price
$749,998
Sold Price
$699,000
Premium/Discount to List
-$50,998
-6.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,340,000
Outstanding Balance
$1,161,470
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 16, 2006
Sold by
Mackey Timothy J
Bought by
Luckys Sons Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
6.23%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 18, 1995
Sold by
Zito Patricia M
Bought by
Mackey Rt and Mackey
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Giorgio Albert $699,000 --
Luckys Sons Llc $500,000 --
Luckys Sons Llc $500,000 --
Mackey Rt $104,000 --
Mackey Rt $104,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Giorgio Albert $1,340,000
Previous Owner Mackey Rt $125,000
Previous Owner Mackey Rt $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2018 07/30/18 Sold $699,000 -2.9% $165 / Sq Ft
05/30/2018 05/30/18 Pending -- -- --
05/01/2018 05/01/18 Price Changed $719,998 -4.0% $170 / Sq Ft
04/04/2018 04/04/18 For Sale $749,998 -- $177 / 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 -- $964,500 $208,500 $756,000
2024 -- $880,500 $198,000 $682,500
2023 $0 $821,800 $178,500 $643,300
2022 $0 $702,700 $157,400 $545,300
2021 $0 $683,100 $157,400 $525,700
2020 $0 $556,800 $152,200 $404,600
2019 $0 $415,200 $131,100 $284,100
2018 $0 $411,000 $120,800 $290,200
2017 $0 $401,500 $120,800 $280,700
2016 -- $386,100 $116,200 $269,900
2015 -- $361,500 $116,200 $245,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72303123

MLS Property Information Network (MLS PIN)

APN: LYNN-000097-000416-000001