NOT LISTED FOR SALE

Estimated Value: $516,000 - $579,000

8 Beds
3 Baths
2,864 Sq Ft
$191/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $490,000 $171 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,523/month

Highlights

  • Property is near public transit
  • Enclosed patio or porch
  • Fenced
  • Wood Flooring
  • Tandem Parking
  • 3-minute walk to University Park

About This Home

As of October 2023

Amazing opportunity to own this meticulously maintained 3 Family. Prime location just minutes from Clark University. 1st & 2nd Floor offers 3 Beds & 1 Full Bath similar layout. 3rd Floor offers 2 beds, 1 full bath. In-building Laundry. Young heating systems (hot water baseboard for 1st & 2nd), Parlor Heater for 3rd Floor. Updated electrical and new gas lines to the property all individually metered. Letters of Compliance for all 3 Units. All tenants are on leases util Spring 2024. Rents below market value. Older roof. Paved driveway with parking for 2-3 cars Tandem. Fenced in yard. Walking distance to Clark University.

Last Agent to Sell the Property

Ascension Realty Group

Excelsior Realty Listed on: 09/12/2023

Co-Listed By

Krystal Nguyen

Excelsior Realty

Last Buyer's Agent

Otis Tat

Excelsior Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,906

Year Built

  • Built in 1894

Lot Details

  • 4,820 Sq Ft Lot
  • Fenced

Home Design

  • 2,864 Sq Ft Home
  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Basement

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

Parking

  • 3 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Enclosed patio or porch
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $3,450
  • Legal Lot and Block 00033 / 005
  • Assessor Parcel Number 5026,1768607

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $41,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,906

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1894
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile,Hardwood
  • Fireplace YN: No
  • Appliances: Utility Connections for Gas Range, Utility Connections for Gas Oven
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Interior Entry, Concrete
  • Living Area: 2864
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN6125
  • LIST PRICE PER Sq Ft: 167.56
  • PRICE PER Sq Ft: 171.09
  • MAIN SO: AN6125

Exterior Features

  • Exterior Features: Porch - Enclosed
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed
  • Foundation Details: Brick/Mortar
  • Frontage Length: 46
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Highway Access, Public School, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: 5026,1768607
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4820
  • Lot Size Units: Acres
  • PAGE: 356
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4906
  • Tax Block: 005
  • Tax Book Number: 18992
  • Tax Lot: 00033
  • Tax Map Number: 07

Multi Family

  • Gross Income: 41400
  • Net Operating Income: 41400
  • Number Of Units Total: 3
  • Total Actual Rent: 3450
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2004
Sold by
Nguyen Huu
Bought by
Nguyen Huu and Nguyen Thanh Thien
Current Estimated Value
$545,475

Purchase Details

Closed on
Jul 14, 1997
Sold by
Goyette David J and Goyette Irene M
Bought by
Danh Xuong V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,125
Interest Rate
7.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 1996
Sold by
Ryan Edward J
Bought by
Goyette David J and Goyette Irene
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
Nguyen Huu -- --
Danh Xuong V $58,000 --
Goyette David J $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goyette David J $51,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $490,000 +2.1% $171 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
09/13/2023 09/13/23 For Sale $479,900 -- $168 / 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 $6,431 $487,600 $52,400 $435,200
2024 $5,361 $389,900 $52,400 $337,500
2023 $4,906 $342,100 $41,500 $300,600
2022 $4,422 $290,700 $33,200 $257,500
2021 $3,544 $217,700 $26,500 $191,200
2020 $3,244 $190,800 $26,500 $164,300
2019 $3,413 $189,600 $25,300 $164,300
2018 $3,453 $182,600 $25,300 $157,300
2017 $3,256 $169,400 $25,300 $144,100
2016 $3,195 $155,000 $17,800 $137,200
2015 $3,111 $155,000 $17,800 $137,200
2014 $3,029 $155,000 $17,800 $137,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73158665

MLS Property Information Network (MLS PIN)

APN: WORC-000007-000005-000033