NOT LISTED FOR SALE

Estimated Value: $797,000 - $919,564

6 Beds
3 Baths
2,603 Sq Ft
$331/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $600,000 $231 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,221/month

19 Days on Market

About This Home

As of June 2020

Turn-key property with $35K+ annual income for this gem of a 3-family located on a side street just off of Walnut St. Nicely maintained, clean, with hardwood floors and many updates including stainless steel appliances in the owner occupied 1st floor. Total gross income noted is from just the rental income of the 2nd and 3rd units. First floor will be delivered vacant; TAW 2nd and 3rd floor units. Plenty of privacy with, 3 levels of outside space on the pressurized and stained wooden deck. Separate utilities, newer hot water heaters and heating systems, full walk-out basement. Units 2 & 3 are already Section 8 approved. Showings to qualified buyers by appointment with 24 hour notice.

Last Agent to Sell the Property

Kimberly O'Donnell

NextHome North Shore Realty Listed on: 03/22/2020

NextHome North Shore Realty

Last Buyer's Agent

Kimberly O'Donnell

NextHome North Shore Realty Listed on: 03/22/2020

NextHome North Shore Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,916

Year Built

  • Built in 1910

Lot Details

  • 2,178

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Additional Features

  • Deck
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:054 B:211 L:034

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,916

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 245.87
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Flooring: Tile, Vinyl, Wall to Wall Carpet, Hardwood
  • Total Flrs: 6
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 12
  • Basement: Y
  • Basement Features: Full, Walk Out
  • Main Lo: AN5516
  • Main So: AN5516
  • Estimated Sq Ft: 2603.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Deck - Wood
  • Foundation: Brick

Garage/Parking

  • Parking Feature: Tandem, On Street Permit
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Dryer, Washer Hookup

Lot Info

  • Assessments: 460900.00
  • Acre: 0.05
  • Lot Size: 2142.00
  • Page: 152
  • Parcel Number: M:054 B:211 L:034
  • Zoning: R2
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 3000
  • Total Rms: 12
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 6591.00
  • Assessor Parcel Number: 1991623

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2020
Closed on
Jun 12, 2020
Sold by
Painchaud Robert A
Bought by
Roman Ft
Seller's Agent
Kimberly O'Donnell
NextHome North Shore Realty
Buyer's Agent
Kimberly O'Donnell
NextHome North Shore Realty
List Price
$640,000
Sold Price
$600,000
Premium/Discount to List
-$40,000
-6.25%
Current Estimated Value
$860,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,391
Avg. Annual Appreciation
7.14%
Original Mortgage
$450,000
Outstanding Balance
$400,648
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$463,576

Purchase Details

Closed on
Nov 4, 2010
Sold by
Barnes Jason
Bought by
Painchaud Robert A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,611
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 3, 2010
Sold by
Bac Home Loans Svcng L
Bought by
Barnes Jason

Purchase Details

Closed on
Jan 23, 2009
Sold by
Pimentel Aurora and Countrywide Home Loans
Bought by
Countrywide Home Loans

Purchase Details

Closed on
Dec 1, 2006
Sold by
Zaiter Carmen R and Valdez Franklin
Bought by
Pimentel Aurora

Purchase Details

Closed on
Jun 29, 2001
Sold by
55 Cedar St Rt
Bought by
Zaiter Carmen R and Valdez Franklin
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
Roman Ft $600,000 None Available
Painchaud Robert A $255,000 --
Painchaud Robert A $255,000 --
Barnes Jason $167,000 --
Barnes Jason $167,000 --
Countrywide Home Loans $300,000 --
Countrywide Home Loans $300,000 --
Pimentel Aurora $495,000 --
Pimentel Aurora $495,000 --
Zaiter Carmen R $215,000 --
Zaiter Carmen R $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roman Ft $450,000
Closed Roman Ft $450,000
Previous Owner Zaiter Carmen R $251,611
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $600,000 -6.3% $231 / Sq Ft
04/10/2020 04/10/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $640,000 0.0% $246 / Sq Ft
04/04/2020 04/04/20 Pending -- -- --
03/22/2020 03/22/20 For Sale $640,000 -- $246 / 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 $7,916 $764,100 $179,600 $584,500
2024 $7,865 $746,900 $168,700 $578,200
2023 $7,598 $681,400 $163,500 $517,900
2022 $7,661 $616,300 $151,500 $464,800
2021 $7,427 $570,000 $145,400 $424,600
2020 $6,965 $519,800 $128,200 $391,600
2019 $6,591 $460,900 $104,900 $356,000
2018 $5,934 $391,700 $87,200 $304,500
2017 $5,678 $364,000 $73,900 $290,100
2016 $5,278 $326,200 $65,900 $260,300
2015 $4,785 $285,700 $61,500 $224,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72636639

MLS Property Information Network (MLS PIN)

APN: LYNN-000054-000211-000034