NOT LISTED FOR SALE
7 Beds
5 Baths
4,900 Sq Ft
5,227 Sq Ft Lot

Last Sold November 18, 2013

Last sale price $545,000 $111 Per Sq Ft

147 Days on Market

Highlights

  • Beach Access
  • Porch
  • Baseboard Heating
  • Deck
  • Ceiling Fan
  • Level Lot

About This Home

As of November 2013

Great Investment Opportunity in convenient location. Legal four family with stable tenant history.
Charming Victorian with wrap around porch. All units are leased and most have been recently updated.
Tenants pay Heat/Hot Water/Electric/Gas. Separate meters for each unit. Coin-op washer & dryer on premises.
Very attractive street with new apartment complex and updated single and multifamily residences.
Solid 8.5% return on list price. Best four family on the market!

Last Agent to Sell the Property

Audrey Williams

Weichert Madison and Post License #RES.0782452 Listed on: 05/10/2013

Last Buyer's Agent

Audrey Williams

Weichert Madison and Post License #RES.0782452 Listed on: 05/10/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,634

Year Built

  • Built in 1880

Lot Details

  • 5,227 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Rubber Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement

Parking

  • Parking Deck
  • Paved Parking
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Deck
  • Rain Gutters
  • Porch

Utilities

  • Baseboard Heating

Community Details

  • 4 Units
  • Gross Income $62,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,634

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Sq Ft Est Heated Above Grade: 3356
  • Public Record Living Room Sq Ft: 3356
  • Sq Ft Est Heated Below Grade: 1544
  • Total Sq Ft: 4900
  • Year Built: 1880
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5817
  • Directions: Main Avenue to West Main (across from Continental Manor)
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement Description: Partial, Unfinished, Walk-out
  • Attic: No

Exterior Features

  • Exterior Features: Deck, Gutters, Porch
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Stone
  • Roof Information: Asphalt Shingle, Rubber
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking, On Street Parking, Paved

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1200
  • Lot Description: Level Lot, Fence - Partial, Fence - Chain Link
  • Zoning: D

Multi Family

  • Gross Annual Income: 62700
  • Unit Count: 4
  • Total Multi Family: 18
  • Total Num Of Units: 4
  • Total Unit Count: 4

Tax Info

  • Tax Year: July 2013-June 2014
  • Property Tax: 6634
  • Tax District Amount: 1
  • Assessor Parcel Number: 231700
  • Tax Year Pub Record: 2013

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2013 11/18/13 Sold $545,000 -9.2% $111 / Sq Ft
10/19/2013 10/19/13 Pending -- -- --
05/10/2013 05/10/13 For Sale $599,900 -- $122 / 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 $13,424 $561,690 $79,420 $482,270
2024 $13,225 $561,690 $79,420 $482,270
2023 $7,357 $293,270 $62,410 $230,860
2022 $7,198 $293,270 $62,410 $230,860
2021 $7,030 $293,270 $62,410 $230,860
2020 $7,026 $293,270 $62,410 $230,860
2019 $6,838 $293,270 $62,410 $230,860
2018 $5,287 $198,740 $62,410 $136,330
2017 $5,104 $198,740 $62,410 $136,330
2016 $5,067 $199,160 $62,410 $136,750
2015 $5,042 $198,740 $62,410 $136,330
2014 $4,977 $198,740 $62,410 $136,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99027664

SmartMLS