NOT LISTED FOR SALE

Estimated Value: $629,000

9 Beds
3 Baths
3,204 Sq Ft
$196/Sq Ft Est. Value

Last Sold March 06, 2023

Last sale price $450,000 $140 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,078/month

21 Days on Market

Highlights

  • Covered Deck
  • Porch
  • Baseboard Heating

About This Home

As of March 2023

442-446 Carroll Avenue is a cash flow investors dream! This 3,200+ sqft, 3-unit property is fully leased and priced to sell. Marketed at 10.7% capitalization rate, this asset is producing $5,175/month in gross income and has been stabilized and renovated. The property has parking for 4+ cars in the rear lot, the roof is 4 years old and all apartments have a rear decks and front porches. The units are all in great condition with renovated kitchens and bathes. See agent remarks for showing times and logistics. *MULTIPLE OFFERS - HIGHEST AND BEST OFFERS DUE BY SUNDAY 1/15/23 AT 10:00 PM. SELLER WILL MAKE A DECISION MONDAY MORNING*

Last Agent to Sell the Property

Michael Barbaro

Huntsman,Meade & Partners Comp License #REB.0789149 Listed on: 12/27/2022

Huntsman,Meade & Partners Comp

Last Buyer's Agent

Santiago Jaraba

Whitestone Real Estate Group License #REB.0795615

Whitestone Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,134

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot

Home Design

  • 3,204 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • 4 Parking Spaces
  • Parking Deck

Outdoor Features

  • Covered Deck
  • Porch

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Community Details

  • 3 Units
  • Gross Income $62,100

Listing and Financial Details

  • Assessor Parcel Number 13836

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,134

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Neighborhood: N/A
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3204
  • Total Sq Ft: 3204
  • Year Built: 1900
  • New Construction: No/Resale
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5085
  • Directions: GPS Friendly
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 3204
  • Street Type: Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement Description: Full, Unfinished, Storage
  • Attic: No
  • Street Number Modifier: 442-446

Exterior Features

  • Exterior Features: Covered Deck, Deck, Porch
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Total Parking Spaces: 4
  • Garage And Parking: Paved, Driveway, Off Street Parking

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Non Applicable
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.09
  • Lot Description: N/A
  • Flood Zone: No
  • Zoning: ORG
  • Parcel #: 13836

Multi Family

  • Gross Annual Income: 62100
  • Net Operating Income: 48316
  • Total Number Of Units: 3
  • Unit Count: 3

Tax Info

  • Property Tax: 7134
  • Total Assessed Value: 164180
  • Mil Rate Total: 43.45

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2022
Sold by
Jd United Properties Llc
Bought by
Gb United Properties Llc
Current Estimated Value
$629,000

Purchase Details

Closed on
Jun 6, 2019
Sold by
424 Carroll Ave Llc
Bought by
Jd United Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2017
Sold by
Benchmark Municipal Ta
Bought by
424 Carrol Ave Llc

Purchase Details

Closed on
Jun 25, 2012
Sold by
Bridgeport Realty Grp
Bought by
Black Diamond Group Ll

Purchase Details

Closed on
Dec 16, 2008
Sold by
Cannavo Joseph and Cannavo Leonard
Bought by
Branca Realty Llc

Purchase Details

Closed on
Nov 10, 2008
Sold by
Wells Fargo Bk
Bought by
Bridgeport Realty Grp

Purchase Details

Closed on
Oct 25, 2005
Sold by
Nabi Momin
Bought by
Bakaul Abdul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
7.5%

Purchase Details

Closed on
Aug 5, 2003
Sold by
Grabowski Jeffrey
Bought by
Nabi Momin

Purchase Details

Closed on
Apr 22, 1997
Sold by
A Realty Management
Bought by
Grabowski Craig J

Purchase Details

Closed on
May 4, 1990
Sold by
Grabowski Barbara
Bought by
Fluellen James
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
Gb United Properties Llc -- None Available
Jd United Properties Llc $170,000 --
Jd United Properties Llc $170,000 --
424 Carrol Ave Llc $100,000 --
424 Carrol Ave Llc $100,000 --
Black Diamond Group Ll -- --
Black Diamond Group Ll -- --
Branca Realty Llc $175,000 --
Branca Realty Llc $175,000 --
Bridgeport Realty Grp $100,000 --
Bridgeport Realty Grp $100,000 --
Bakaul Abdul $310,000 --
Bakaul Abdul $310,000 --
Nabi Momin $150,000 --
Nabi Momin $150,000 --
Grabowski Craig J $95,000 --
Grabowski Craig J $95,000 --
Fluellen James $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jd United Properties Llc $213,750
Previous Owner Jd United Properties Llc $168,750
Previous Owner Fluellen James $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/06/2023 03/06/23 Sold $450,000 0.0% $140 / Sq Ft
01/17/2023 01/17/23 Pending -- -- --
12/27/2022 12/27/22 For Sale $449,900 -- $140 / 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 $7,244 $166,730 $30,650 $136,080
2024 $7,244 $166,730 $30,650 $136,080
2023 $7,134 $164,180 $30,650 $133,530
2022 $7,134 $164,180 $30,650 $133,530
2021 $7,134 $164,180 $30,650 $133,530
2020 $6,902 $127,830 $17,150 $110,680
2019 $6,902 $127,830 $17,150 $110,680
2018 $6,950 $127,830 $17,150 $110,680
2017 $6,950 $127,830 $17,150 $110,680
2016 $6,950 $127,830 $17,150 $110,680
2015 $7,745 $183,540 $29,390 $154,150
2014 $7,745 $183,540 $29,390 $154,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170541898

SmartMLS

APN: BRID-000634-000001A