NOT LISTED FOR SALE

Estimated Value: $391,000 - $574,000

6 Beds
2 Baths
3,490 Sq Ft
$137/Sq Ft Est. Value

Last Sold November 04, 2016

Last sale price $80,000 $23 Per Sq Ft

Est. 499% increase in value since last sale

Current estimated payment $3,216/month

76 Days on Market

Highlights

  • Property is near public transit
  • Attic
  • Community Playground
  • Finished Attic
  • 2 Car Detached Garage
  • Park

About This Home

As of November 2016

Great opportunity for a well maintained two family. This property has a new roof, new sewer line, updated bath, and first floor has a newer Kitchen. Both tenants are in place so just come and collect on your investment. Garage is being sold As-is which is in need of some paint and garage doors. Investor make note that we have multiple properties in the area in which we can create a multiple property package with 554-556 Carroll Avenue or 245-247 Bunnell Street. Contact Co-Agent for more details regarding Investor package

Last Agent to Sell the Property

Paul Ferreira

RE/MAX Right Choice License #RES.0756087 Listed on: 07/15/2016

RE/MAX Right Choice

Co-Listed By

Steven Ferreira

RE/MAX Right Choice License #RES.0761900

Last Buyer's Agent

Paul Ferreira

RE/MAX Right Choice License #RES.0756087 Listed on: 07/15/2016

RE/MAX Right Choice

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1913

Lot Details

  • 4,792

Parking

  • 2 Car Detached Garage

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Stone Frame
  • Asphalt Shingled Roof
  • Concrete Siding
  • Vinyl Siding
  • Stone

Interior Spaces

  • 3,490 Sq Ft Home
  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Finished Attic

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 4,792 Sq Ft Lot
  • Property is near public transit
  • Heating System Uses Natural Gas

Community Details

Recreation

  • Community Playground
  • Park

Additional Features

  • 2 Units
  • Public Transportation
  • Gross Income $25,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Sq Ft Est Heated Above Grade: 3490
  • Public Record Living Room Sq Ft: 3490
  • Total Sq Ft: 3490
  • Year Built: 1913
  • Nearby Amenities: Park, Playground/Tot Lot, Public Transportation
  • Association Amenities: Park, Playground/Tot Lot
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 5546
  • Directions: 495-497 Wilmot Avenue
  • Special Features: None

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Finished, Heated
  • Basement Description: Full, Unfinished
  • Attic: Yes
  • Street Number Modifier: 495

Exterior Features

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

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 2

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Hot Air
  • Heat Fuel Type: 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: 0.1100
  • Lot Description: Fence - Chain Link
  • Zoning: ORS

Multi Family

  • Gross Annual Income: 25200
  • Net Operating Income: 15702
  • Unit Count: 2
  • Total Multi Family: 12
  • Total Num Of Units: 2
  • Total Unit Count: 2

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 7008
  • Total Assessed Value: 128900
  • Mil Rate Base: 54.370
  • Mil Rate Total: 54.370
  • Assessor Parcel Number: 14550

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
Jul 15, 2016
Closed on
Nov 2, 2016
Sold by
Sachem Capital Realty
Bought by
Rodin Russell
Seller's Agent
Paul Ferreira
RE/MAX Right Choice
Buyer's Agent
Paul Ferreira
RE/MAX Right Choice
List Price
$159,000
Sold Price
$80,000
Premium/Discount to List
-$79,000
-49.69%
Current Estimated Value
$478,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$398,927
Avg. Annual Appreciation
21.33%

Purchase Details

Closed on
Aug 24, 2016
Sold by
Johnson Tom
Bought by
Sachem Capital Realty

Purchase Details

Closed on
Aug 13, 2015
Sold by
Us Bank Na
Bought by
Johnson Tom

Purchase Details

Closed on
Mar 11, 2014
Sold by
Us Bank Na
Bought by
Wells Fargo Home Mortg

Purchase Details

Closed on
Feb 26, 2014
Sold by
Diaz Marvn
Bought by
Us Bank Na

Purchase Details

Closed on
Sep 23, 1996
Sold by
Chung Arpet E
Bought by
Diaz Marvin L

Purchase Details

Closed on
Jun 21, 1991
Sold by
Green Nellie and Green Avery
Bought by
Chung Arpet and Diaz Marvin
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
Rodin Russell $80,000 --
Rodin Russell $80,000 --
Sachem Capital Realty -- --
Sachem Capital Realty -- --
Johnson Tom $58,000 --
Johnson Tom $58,000 --
Wells Fargo Home Mortg -- --
Wells Fargo Home Mortg -- --
Us Bank Na -- --
Us Bank Na -- --
Diaz Marvin L $27,600 --
Diaz Marvin L $27,600 --
Chung Arpet $109,000 --
Chung Arpet $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Arpet $87,500
Previous Owner Chung Arpet $166,520
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2016 11/04/16 Sold $80,000 -49.7% $23 / Sq Ft
10/05/2016 10/05/16 Pending -- -- --
07/15/2016 07/15/16 For Sale $159,000 -- $46 / 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 $7,270 $167,330 $32,670 $134,660
2024 $7,270 $167,330 $32,670 $134,660
2023 $7,270 $167,330 $32,670 $134,660
2022 $7,270 $167,330 $32,670 $134,660
2021 $7,270 $167,330 $32,670 $134,660
2020 $6,959 $128,900 $18,270 $110,630
2019 $6,959 $128,900 $18,270 $110,630
2018 $7,008 $128,900 $18,270 $110,630
2017 $7,008 $128,900 $18,270 $110,630
2016 $7,008 $128,900 $18,270 $110,630
2015 $8,001 $189,600 $31,330 $158,270
2014 $8,001 $189,600 $31,330 $158,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99153678

SmartMLS

APN: BRID-000710-000023