NOT LISTED FOR SALE

Estimated Value: $934,195 - $996,000

9 Beds
3 Baths
3,978 Sq Ft
$242/Sq Ft Est. Value

Last Sold January 07, 2019

Last sale price $625,000 $157 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,995/month

7 Days on Market

About This Home

As of January 2019

Here is your opportunity to own this solid, well cared for, three family home with easy beach access. This remarkable rental has long-term tenants with great history! The home features 3 large units (on separate levels) with 3 bedrooms, living room, dining room and kitchen on each level. Each kitchen features storage/pantry area and 1 full bath. Home has a full basement for ample storage and some off street parking. Property is a great location for commuters, students and beach-goers with opportunity for major financial return! All this home needs is a little elbow grease and updating to make this unique home shine. Recent updates/improvements include: rubber roof (10 yrs), removal of back porches (5 yrs), 2 new water heaters (1 week) front yard pavement (1 yr), Fence (1yr).

Last Agent to Sell the Property

Annelie Sirois

Century 21 North East Listed on: 11/09/2018

Century 21 North East

Last Buyer's Agent

Ying Chen

Redfin Corp.

Redfin Corp.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,398

Year Built

  • Built in 1905

Lot Details

  • 3,049

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile
  • Vinyl

Additional Features

  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,398

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.50
  • Insc: 1812
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 148.19
  • Comp Based On: Net Sale Price
  • Year Built: 1905
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1905

Interior Features

  • Flooring: Wood, Tile, Vinyl, Wall to Wall Carpet, Varies Per Unit, Laminate, Hardwood
  • Total Flrs: 6
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 18
  • Basement: Y
  • Basement Features: Full, Concrete Floor
  • Main Lo: NB5180
  • Main So: NB3534
  • Estimated Sq Ft: 3978.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Vinyl
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking Feature: Off-Street, Common, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 396
  • Electric Features: Circuit Breakers, 60 Amps/Less, 100 Amps, Common, Individually Metered
  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Park, Private School, Public School

Schools

  • Elementary School: Harrington
  • Middle School: Thurgood
  • High School: English

Lot Info

  • Assessments: 419800.00
  • Acre: 0.07
  • Lot Size: 3255.00
  • Page: 376
  • Zoning: R2
  • Lot Description: Paved Drive

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 4400
  • Total Rms: 18
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 6360.00
  • Assessor Parcel Number: 2002918

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2021
Sold by
Gyawali Dipendra and Joshi Riya
Bought by
Shah Bhavik and Shah Dhwanish P
Current Estimated Value
$958,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Outstanding Balance
$520,985
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$454,720

Purchase Details

Listed on
Nov 9, 2018
Closed on
Dec 27, 2018
Sold by
French Carleen V and French Scott
Bought by
Gyawali Dipendra and Joshi Riay
Seller's Agent
Annelie Sirois
Century 21 North East
Buyer's Agent
Ying Chen
Redfin Corp.
List Price
$589,500
Sold Price
$625,000
Premium/Discount to List
$35,500
6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%
Original Mortgage
$468,750
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2016
Sold by
French Carleen V
Bought by
French Carleen V and French Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,300
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2003
Sold by
D & M Rt
Bought by
Perez Carleen V

Purchase Details

Closed on
Jan 12, 1994
Sold by
Daley John J and Daley Arlene V
Bought by
Richardson David B
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
Shah Bhavik $760,000 None Available
Gyawali Dipendra $625,000 --
French Carleen V -- --
French Carleen V -- --
French Carleen V -- --
Perez Carleen V $390,000 --
Perez Carleen V $390,000 --
Richardson David B $110,000 --
Richardson David B $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Bhavik $570,000
Closed Shah Bhavik $570,000
Previous Owner Gyawali Dipendra $487,500
Previous Owner Gyawali Dipendra $468,750
Previous Owner French Carleen V $314,300
Previous Owner Daley John J $11,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2019 01/07/19 Sold $625,000 +6.0% $157 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
11/09/2018 11/09/18 For Sale $589,500 -- $148 / 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 $8,398 $810,600 $181,700 $628,900
2024 $8,379 $795,700 $173,800 $621,900
2023 $8,249 $739,800 $185,800 $554,000
2022 $7,946 $639,300 $145,100 $494,200
2021 $7,400 $567,900 $118,900 $449,000
2020 $7,156 $534,000 $122,200 $411,800
2019 $6,667 $466,200 $94,400 $371,800
2018 $6,360 $419,800 $106,000 $313,800
2017 $6,056 $388,200 $93,100 $295,100
2016 $5,506 $340,300 $77,700 $262,600
2015 $5,117 $305,500 $82,300 $223,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72422011

MLS Property Information Network (MLS PIN)

APN: LYNN-000094-000603-000010