NOT LISTED FOR SALE

Estimated Value: $482,000 - $692,000

8 Beds
3 Baths
3,866 Sq Ft
$158/Sq Ft Est. Value

Last Sold September 07, 2022

Last sale price $430,000 $111 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,200/month

63 Days on Market

Highlights

  • Attic
  • No HOA
  • Hot Water Heating System
  • Corner Lot
  • Hot Water Circulator
  • Wood Siding

About This Home

As of September 2022

Welcome to 452 Summit Street! This HUGE 3 family is the perfect investment opportunity and is located close to shops, restaurants, and all major highways, making it a perfect location for commuters. Rents have been below market value-first floor could be 1,800, second 2,500. The first two units boast THREE bedrooms along with a living room, dining room, eat-in kitchen, and full bathroom. The third unit is also spacious and has two bedrooms. Each unit has their own gas meter, hot water heater, and furnace. There is a huge basement that provides storage space and a paved driveway for off-street parking. Tenants in place are month to month. PROPERTY IS BEING SOLD AS-IS and most likely won't qualify for FHA - cash and conventional/203k loans only.

Last Listed By

Jennifer Henry

Keller Williams Prestige Prop. License #RES.0768502 Listed on: 06/03/2022

Keller Williams Prestige Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,324

Year Built

  • Built in 1918

Lot Details

  • 5,227 Sq Ft Lot
  • Corner Lot

Home Design

  • Concrete Foundation
  • Asphalt Shingled Roof
  • Wood Siding
  • Concrete Siding

Interior Spaces

  • 3,866 Sq Ft Home
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • Driveway
  • Paved Parking
  • Off-Street Parking

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Community Details

  • No Home Owners Association
  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,324

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Neighborhood: North End
  • Property Type: Multi-Family For Sale
  • Style: 3updown - Unit(s) per Floor
  • Sq Ft Est Heated Above Grade: 3866
  • Public Record Living Room Sq Ft: 3866
  • Total Sq Ft: 3866
  • Year Built: 1918
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 6016
  • Tax Year Updated Dt: 07/13/2022
  • Directions: Main Street to Summit Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement Description: Full
  • Attic: Yes
  • Street Number Modifier: 452

Exterior Features

  • Exterior Siding: Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Concrete

Garage/Parking

  • Garage Parking Info: Paved, Driveway, Off Street Parking
  • Driveway Type: Paved

Utilities

  • Heat Type: Hot Water
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Acres: 0.1200
  • Lot Description: Corner Lot
  • Zoning: RA

Multi Family

  • Unit Count: 3
  • Total Multi Family: 16
  • Total Num Of Units: 3

Tax Info

  • Tax Year: July 2022-June 2023
  • Property Tax: 9324
  • Total Assessed Value: 214598
  • Mil Rate Base: 43.450
  • Mil Rate Total: 43.450
  • Assessor Parcel Number: 36102

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Sep 6, 2022
Sold by
Schroeter Robert B
Bought by
Shaw Xavian T
Seller's Agent
Jennifer Henry
Keller Williams Prestige Prop.
Buyer's Agent
Momodou Savage
Door to Door Real Estate
List Price
$455,000
Sold Price
$430,000
Premium/Discount to List
-$25,000
-5.49%
Total Days on Market
63
Views
59
Current Estimated Value
$610,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,667
Avg. Annual Appreciation
13.82%
Original Mortgage
$447,700
Outstanding Balance
$430,838
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$179,829

Purchase Details

Closed on
Nov 18, 1999
Sold by
Napiello Barry
Bought by
Schroeter Robert B and Schroeter Hyacinth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,100
Interest Rate
7.76%

Purchase Details

Closed on
Oct 2, 1995
Sold by
Nicolia Frank and Pezzella Donna
Bought by
Napiello Barry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
7.89%
Mortgage Type
Unknown

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
Shaw Xavian T $430,000 None Available
Shaw Xavian T $430,000 None Available
Schroeter Robert B $178,000 --
Schroeter Robert B $178,000 --
Napiello Barry $142,000 --
Napiello Barry $142,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaw Xavian T $447,700
Closed Shaw Xavian T $447,700
Previous Owner Napiello Barry $197,000
Previous Owner Napiello Barry $169,100
Previous Owner Napiello Barry $134,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2022 09/07/22 Sold $430,000 -5.5% $111 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $455,000 0.0% $118 / Sq Ft
09/01/2016 09/01/16 Rented $1,450 0.0% --
08/17/2016 08/17/16 For Rent $1,450 -- --
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
2024 $9,387 $216,038 $63,358 $152,680
2023 $9,387 $216,038 $63,358 $152,680
2022 $9,324 $214,598 $63,358 $151,240
2021 $9,324 $214,598 $63,358 $151,240
2020 $8,835 $163,640 $38,420 $125,220
2019 $8,835 $163,640 $38,420 $125,220
2018 $8,897 $163,640 $38,420 $125,220
2017 $8,897 $163,640 $38,420 $125,220
2016 $8,897 $163,640 $38,420 $125,220
2015 $8,674 $205,550 $38,700 $166,850
2014 $8,674 $205,550 $38,700 $166,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170489736

SmartMLS

APN: BRID-002406-000008