NOT LISTED FOR SALE

Estimated Value: $1,239,000 - $2,497,000

12 Beds
11 Baths
7,650 Sq Ft
$226/Sq Ft Est. Value

Last Sold September 29, 2021

Last sale price $2,125,000 $278 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $9,399/month

7 Days on Market

Highlights

  • 0.23 Acre Lot
  • Wood Flooring
  • Laundry Room
  • Property is near public transit
  • Covered Patio or Porch
  • 4-minute walk to Swan Street Park

About This Home

As of September 2021

Condo Quality, Turn-Key 6 Unit Investment Property. Includes Two Immaculately Cared-For Side-by-Side 3 Family Homes. All The Units Have Updated Systems, Including CENTRAL AC, Gas Forced Hot Air 90+ Efficiency Heating Units & Updated Electrical Systems. Low Maintenance Exterior. Features Include Replaced Porches W/ Composite Decking, Tilt-In Vinyl Windows, Vinyl Siding, Aluminum-Clad Trim & Rubber Roofs. 6 Separate Washers/Dryers In The Basements. 6 Parking Spaces In The Back Via Shared Driveway. Rarely Does An Investment Property In This Condition Become Available. These Stylish Apartments Could Command Higher Rent In The Near Future, As Leases Expire. It's A Great Time To Buy Property In This Neighborhood Just Minutes From The Encore Casino, Exactly 2 Miles Down The Street. ThisIs A Great Opportunity For An Owner-Occupant, Rental Investor, Airbnb Investor, Or Condo Developer.

Last Agent to Sell the Property

Ana Picanco Linnehan

eXp Realty Listed on: 07/30/2021

eXp Realty

Last Buyer's Agent

Laxmi Khanal

StartPoint Realty

StartPoint Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,118

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 10,019 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 7,650 Sq Ft Home
  • Insulated Windows
  • Insulated Doors
  • Storm Doors
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 11 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

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

Outdoor Features

  • Covered Patio or Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Sumner G. Whitt Elementary School
  • Parlin Junior Middle School
  • Everett High School

Utilities

  • Central Air
  • 6 Cooling Zones
  • 6 Heating Zones
  • Heating Available
  • Separate Meters
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $7,140
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:B0 B:06 L:000245

Community Details

Overview

  • 6 Units
  • Property has 3 Levels

Amenities

  • Shops

Building Details

  • Electric Expense $738
  • Insurance Expense $7,540
  • Water Sewer Expense $5,422
  • Operating Expense $13,700
  • Net Operating Income $151,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,118

Year Built

Built in 1900 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Property Condition: Updated/Remodeled, Unit 1 Remodeled, Unit 2 Remodeled
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 15

Interior Features

  • Flooring: Wood,Tile,Carpet,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors), Unit 4(Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans,Lead Certification Available,Storage,Walk-In Closet), Unit 3(Lead Certification Available), Unit 4(Lead Certification Available), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Mudroom), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Door Features: Insulated Doors, Storm Door(s)
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Unit 1(Range,Dishwasher,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Refrigerator,Washer,Dryer), Unit 3(Range,Dishwasher,Refrigerator,Washer,Dryer), Unit 4(Range,Dishwasher,Refrigerator,Washer,Dryer), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
  • Total Bedrooms: 12
  • Full Bathrooms: 11
  • Total Bathrooms: 6
  • Total Bathrooms: 11
  • Laundry Features: Laundry Room, Unit 3 Laundry Room, Unit 4 Laundry Room
  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Living Area: 7650
  • Stories Total: 15
  • Window Features: Insulated Windows
  • MAIN LO: G95022
  • LIST PRICE PER Sq Ft: 287.58
  • PRICE PER Sq Ft: 277.78
  • MAIN SO: AN5454

Exterior Features

  • Exterior Features: Unit 1 Balcony/Deck, Unit 2 Balcony/Deck, Unit 3 Balcony/Deck, Unit 4 Balcony/Deck
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Covered
  • Road Frontage Type: Public
  • Roof: Shingle, Rubber
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Cooling: Central Air, Unit 1(Central Air), Unit 2(Central Air), Unit 3(Central Air), Unit 4(Central Air)
  • Heating: Central,Forced Air,Natural Gas, Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas), Unit 3(Forced Air,Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 6
  • HEAT ZONES: 6
  • COOLING ZONES: 6

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Fee Information

  • Water Sewer Expenses: 5422

Lot Info

  • Parcel Number: M:B0 B:06 L:000245
  • Zoning: 6FAM
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 10018.8
  • Lot Size Units: Acres
  • LOT SIZE: 9919
  • PAGE: 174

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 17117.55
  • Tax Book Number: 72881

Multi Family

  • Electric Expense: 738
  • Gross Income: 165600
  • Insurance Expense: 7540
  • Net Operating Income: 151900
  • Number Of Units Total: 6
  • Operating Expense: 13700
  • Total Actual Rent: 7140
  • LEVELS 1: 3
  • COOLING UNITS: 6
  • LEVELS 4: 3
  • LEVELS 2: 3
  • LEVELS 3: 3
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: Everett High
  • Elementary School: Sumner G. Whitt
  • Middle Or Junior School: Parlin Junior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2021
Closed on
Sep 28, 2021
Sold by
Leins Ft
Bought by
Gyawali Dipendra and Joshi Riya
Seller's Agent
Ana Picanco Linnehan
eXp Realty
Buyer's Agent
Laxmi Khanal
StartPoint Realty
List Price
$2,200,000
Sold Price
$2,125,000
Premium/Discount to List
-$75,000
-3.41%
Current Estimated Value
$1,510,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$614,667
Avg. Annual Appreciation
-5.23%
Original Mortgage
$1,593,750
Outstanding Balance
$1,465,908
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$261,092

Purchase Details

Listed on
May 16, 2019
Closed on
Jun 27, 2019
Sold by
High Rt
Bought by
Leins Ft
Seller's Agent
Justin Green
In Realty
Buyer's Agent
Ana Picanco Linnehan
eXp Realty
List Price
$999,000
Sold Price
$999,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.86%
Original Mortgage
$500,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2011
Sold by
Ingaciola Vincenza M
Bought by
High Rt and Pelletier
Source: Public Records

Range of Values:

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Average Value
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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
Gyawali Dipendra $2,125,000 None Available
Leins Ft $1,950,000 --
High Rt -- --
High Rt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gyawali Dipendra $1,593,750
Closed Gyawali Dipendra $1,593,750
Previous Owner Leins Ft $500,000
Previous Owner High Rt $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2021 09/29/21 Sold $2,125,000 -3.4% $278 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
07/30/2021 07/30/21 For Sale $2,200,000 +120.2% $288 / Sq Ft
07/02/2019 07/02/19 Sold $999,000 0.0% $257 / Sq Ft
05/24/2019 05/24/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $999,000 -- $257 / 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 $13,545 $1,189,200 $272,200 $917,000
2024 $12,480 $1,089,000 $238,500 $850,500
2023 $12,321 $1,045,900 $228,200 $817,700
2022 $10,114 $976,300 $217,800 $758,500
2021 $9,184 $930,500 $195,000 $735,500
2020 $8,808 $827,800 $195,000 $632,800
2019 $9,285 $750,000 $185,600 $564,400
2018 $8,739 $634,200 $161,800 $472,400
2017 $8,306 $575,200 $124,500 $450,700
2016 $7,602 $526,100 $124,500 $401,600
2015 $7,228 $494,700 $116,700 $378,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72873987

MLS Property Information Network (MLS PIN)

APN: EVER-000000-B000006-000244