NOT LISTED FOR SALE

Estimated Value: $979,000 - $1,316,000

10 Beds
4 Baths
5,346 Sq Ft
$228/Sq Ft Est. Value

Last Sold August 23, 2021

Last sale price $1,150,000 $215 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,626/month

10 Days on Market

Highlights

  • 0.22 Acre Lot
  • 2 Car Garage
  • 2-minute walk to Morton Street

About This Home

As of August 2021

Investors and First time homebuyers take notice of this rare opportunity. This is not your typical 3 family home. Come see this massive 3 family home full of potential sitting on a large lot near commuter rail, stores and highway. This home boasts 3 large bedrooms on the 1st and 2nd floor floor with living room, dining room and eat in kitchen. The 3rd floor consists of 4 large bedrooms, living room and eat in kitchen. With a partially finished basement that consists of a full bathroom and room this home is just waiting for your touches. With off-street parking and a garage the possibilities here are endless. You don't want to miss this one!

Last Agent to Sell the Property

Brian Worrell

Greater Investments Listed on: 06/01/2021

Co-Listed By

Clinika Wilkins

Greater Investments

Last Buyer's Agent

Brian Worrell

Greater Investments Listed on: 06/01/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,049

Year Built

  • Built in 1910

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • 2 Car Garage
  • Shared Driveway
  • Open Parking

Home Design

  • Stone Foundation

Interior Spaces

  • 5,346 Sq Ft Home
  • Property has 1 Level
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 4 Full Bathrooms

Community Details

  • 3 Units
  • Net Operating Income $42,000

Listing and Financial Details

  • Total Actual Rent $9,300
  • Assessor Parcel Number 1358736

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,049

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1910
  • Buyer Agency: 2.0
  • Buyer Agency Type: %
  • Transaction Broker: 1.0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 10
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full, Partially Finished
  • Living Area: 5346
  • Stories Total: 3
  • MAIN LO: NB4350
  • LIST PRICE PER Sq Ft: 187.06
  • PRICE PER Sq Ft: 215.11
  • MAIN SO: NB4350

Exterior Features

  • Foundation Details: Stone
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Shared Driveway
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: 1358736
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Sq Ft: 9583.2
  • Lot Size Units: Acres
  • LOT SIZE: 9710
  • PAGE: 237

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7048.8
  • Tax Book Number: 58926

Multi Family

  • Gross Income: 42000
  • Net Operating Income: 42000
  • Number Of Units Total: 3
  • Total Actual Rent: 9300
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 1
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Aug 20, 2021
Sold by
Grant Cornelia S Est
Bought by
Staram Rose
Seller's Agent
Brian Worrell
Greater Investments
Buyer's Agent
Brian Worrell
Greater Investments
List Price
$1,000,000
Sold Price
$1,150,000
Premium/Discount to List
$150,000
15%
Current Estimated Value
$1,217,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,999
Avg. Annual Appreciation
3.50%
Original Mortgage
$862,500
Outstanding Balance
$794,362
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$526,084

Purchase Details

Closed on
Jan 19, 2019
Sold by
Grant Steadman L Est
Bought by
Grant Cornelia S and Alexander Lois A

Purchase Details

Closed on
Jan 31, 2018
Sold by
Grant Cornelia S
Bought by
Grant Steadman L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,895
Interest Rate
3.94%
Mortgage Type
Unknown

Purchase Details

Closed on
May 27, 2015
Sold by
Grant Steadman L Est
Bought by
Grant Cornelia S
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
Staram Rose $1,150,000 None Available
Grant Cornelia S -- --
Grant Steadman L -- --
Grant Cornelia S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Staram Rose $862,500
Previous Owner Grant Cornelia S $14,895
Previous Owner Grant Cornelia S $180,000
Previous Owner Grant Steadman L $100,000
Previous Owner Grant Steadman L $32,500
Previous Owner Grant Steadman L $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2021 08/23/21 Sold $1,150,000 +15.0% $215 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $1,000,000 -- $187 / 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 $12,033 $1,039,100 $329,000 $710,100
2024 $11,121 $1,020,300 $317,900 $702,400
2023 $10,242 $953,600 $297,100 $656,500
2022 $9,352 $859,600 $270,100 $589,500
2021 $9,172 $859,600 $270,100 $589,500
2020 $7,049 $667,500 $280,300 $387,200
2019 $6,418 $608,900 $219,500 $389,400
2018 $5,696 $543,500 $219,500 $324,000
2017 $5,642 $532,800 $219,500 $313,300
2016 $5,328 $484,400 $219,500 $264,900
2015 $5,597 $462,200 $167,100 $295,100
2014 -- $406,400 $167,100 $239,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72840039

MLS Property Information Network (MLS PIN)

APN: MATT-000000-000014-004035