NOT LISTED FOR SALE

Estimated Value: $657,000 - $693,000

6 Beds
2 Baths
1,969 Sq Ft
$344/Sq Ft Est. Value

Last Sold April 08, 2024

Last sale price $673,000 $342 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,336/month

3 Days on Market

About This Home

As of April 2024

Great opportunity to own this money maker near downtown Mansfield. Cap rate of 7.7%. First showing at Open House Sunday 2/11 12-145pm. First floor shown with accepted offer subject to buyers satisfaction of viewing. Roof and Heat approx 20 years old. Nice yard. Off Street parking.

Last Agent to Sell the Property

Marc Cohen

Marc Cohen Real Estate Listed on: 02/08/2024

Last Buyer's Agent

Anthony Ruggiero

Keller Williams Elite

Keller Williams Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,800

Year Built

  • Built in 1880

Lot Details

  • 8,475 Sq Ft Lot

Home Design

  • Stone Foundation

Interior Spaces

  • 1,969 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Listing and Financial Details

  • Total Actual Rent $5,250
  • Assessor Parcel Number M:021 B:265,2858723

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,800
  • Water Sewer Expense $2,400
  • Operating Expense $4,200
  • Net Operating Income $51,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,800

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1880
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • Living Area: 1969
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: BB5804
  • LIST PRICE PER Sq Ft: 342.81
  • PRICE PER Sq Ft: 341.8
  • MAIN SO: AN4893

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2400

Lot Info

  • Parcel Number: M:021 B:265,2858723
  • Zoning: mf
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.19
  • Lot Size Area: 0.19
  • Lot Size Sq Ft: 8475
  • Lot Size Units: Acres
  • PAGE: 81
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7800
  • Tax Book Number: 13817

Multi Family

  • Gross Income: 63000
  • Insurance Expense: 1800
  • Net Operating Income: 51000
  • Number Of Units Total: 2
  • Operating Expense: 4200
  • Total Actual Rent: 5250
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2025
Sold by
47 Warren Ave Rt and Mcduff
Bought by
Correia Kyle and Mcduff Kristin
Current Estimated Value
$682,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$508,647
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$167,856

Purchase Details

Closed on
Jun 11, 2021
Sold by
Appel Louise
Bought by
Appel James

Purchase Details

Closed on
Jun 28, 2004
Sold by
Macdonald Ian J
Bought by
Appel Louise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2003
Sold by
Johnson Kathleen M and Cain Kathleen A
Bought by
Macdonald Ian and Macdonald Joanne
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
Correia Kyle -- None Available
Correia Kyle -- None Available
Appel James -- None Available
Appel James -- None Available
Appel James -- None Available
Appel Louise $420,000 --
Appel Louise $420,000 --
Macdonald Ian $240,000 --
Macdonald Ian $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Correia Kyle $510,000
Previous Owner Appel Louise $374,000
Previous Owner Appel Louise $378,000
Previous Owner Johnson K M $25,000
Previous Owner Johnson K M $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2024 04/08/24 Sold $673,000 -0.3% $342 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $675,000 -- $343 / 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 $7,780 $590,700 $221,600 $369,100
2024 $7,494 $555,100 $221,600 $333,500
2023 $7,214 $512,000 $221,600 $290,400
2022 $7,318 $482,400 $205,200 $277,200
2021 $6,341 $412,800 $179,500 $233,300
2020 $6,210 $404,300 $171,000 $233,300
2019 $5,440 $357,400 $142,500 $214,900
2018 $4,719 $341,500 $135,800 $205,700
2017 $4,517 $300,700 $131,800 $168,900
2016 $4,111 $266,800 $125,500 $141,300
2015 $3,850 $248,400 $125,500 $122,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73200867

MLS Property Information Network (MLS PIN)

APN: MANS-000021-000000-000265