NOT LISTED FOR SALE

Estimated Value: $301,263 - $432,000

8 Beds
2 Baths
2,496 Sq Ft
$150/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $285,000 $114 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,478/month

18 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Private Driveway
  • No HOA
  • Public Transportation
  • 5-minute walk to Hilltop Playground

About This Home

As of August 2023

Incredible 2-unit townhome style investment opportunity in the heart of the vibrant Amity neighborhood. The Asset has 2, 4 bedroom/1 bathroom units with 1,248 SF each. The tenants pay utilities. The units are renting for $1,895 each. The in-place Cap Rate is 11%. Strong proven cash flow accompanied by long-term tenants!

Last Agent to Sell the Property

Lisa Cozzi

Century 21 AllPoints Realty License #REB.0789668 Listed on: 05/12/2023

Century 21 AllPoints Realty

Co-Listed By

Maddy Ceruti

Century 21 AllPoints Realty License #RES.0813001

Last Buyer's Agent

Noor Ahmed

RE/MAX Heritage License #RES.0817472

RE/MAX Heritage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,984

Year Built

  • Built in 1940

Lot Details

  • 8,712 Sq Ft Lot
  • Level Lot

Home Design

  • 2,496 Sq Ft Home
  • Side-by-Side
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • Private Driveway
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Utilities

  • Heating System Uses Oil
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Additional Features

  • Public Transportation
  • Gross Income $45,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,984

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 2496
  • Public Record Living Room Sq Ft: 2496
  • Total Sq Ft: 2496
  • Year Built: 1940
  • Nearby Amenities: Park, Public Transportation, Shopping/Mall, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 3804
  • Tax Year Updated Dt: 07/03/2023
  • Directions: GPS friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement Description: Full, Unfinished, Storage
  • Attic: No
  • Street Number Modifier: 56

Exterior Features

  • Exterior Features: Gutters, Lighting, Porch
  • Exterior Siding: Aluminum
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Driveway, Off Street Parking
  • Driveway Type: Private

Utilities

  • Heat Type: Hot Air
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Water Source: Public Water Connected, Public Water In Street
  • Sewer: Public Sewer Connected, Public Sewer In Street

Condo/Co-op/Association

  • HOA: No
  • Special Association Assessment Y: No

Schools

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

Lot Info

  • Acres: 0.2000
  • Lot Description: Level Lot
  • Zoning: RM1

Multi Family

  • Gross Annual Income: 45480
  • Net Operating Income: 32987
  • Unit Count: 2
  • Total Multi Family: 12
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 4984
  • Total Assessed Value: 133980
  • Mil Rate Base: 37.200
  • Mil Rate Total: 37.200
  • Assessor Parcel Number: 2466878

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
May 12, 2023
Closed on
Aug 1, 2023
Sold by
Ocean 30 Delaware Llc
Bought by
Hussein Raid
Seller's Agent
Lisa Cozzi
Century 21 AllPoints Realty
Buyer's Agent
Noor Ahmed
RE/MAX Heritage
List Price
$285,000
Sold Price
$285,000
Views
131
Current Estimated Value
$374,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,066
Avg. Annual Appreciation
14.04%
Original Mortgage
$228,000
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 2018
Sold by
Shemesh Llc
Bought by
Ocean 3 Delaware Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,250
Interest Rate
3.95%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Dec 17, 2008
Sold by
Asset Holdings Llc
Bought by
Shemesh Llc

Purchase Details

Closed on
Jan 29, 2007
Sold by
Villano Mary Lou and Burlock Adrian
Bought by
Rivera Evelyn and Natal Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,550
Interest Rate
9.99%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hussein Raid $285,000 None Available
Ocean 3 Delaware Llc -- --
Shemesh Llc $156,000 --
Solo Investments Llc $100,600 --
Rivera Evelyn $249,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hussein Raid $349,300
Closed Hussein Raid $228,000
Previous Owner Rivera Evelyn $950,250
Previous Owner Rivera Evelyn $236,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $285,000 0.0% $114 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $285,000 0.0% $114 / Sq Ft
05/21/2023 05/21/23 Pending -- -- --
05/12/2023 05/12/23 For Sale $285,000 -- $114 / 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 $5,279 $133,980 $40,740 $93,240
2024 $5,158 $133,980 $40,740 $93,240
2023 $4,984 $133,980 $40,740 $93,240
2022 $5,326 $133,980 $40,740 $93,240
2021 $3,542 $80,710 $32,550 $48,160
2020 $3,542 $80,710 $32,550 $48,160
2019 $3,469 $80,710 $32,550 $48,160
2018 $3,469 $80,710 $32,550 $48,160
2017 $3,122 $80,710 $32,550 $48,160
2016 $2,655 $63,910 $23,240 $40,670
2015 $2,655 $63,910 $23,240 $40,670
2014 $2,655 $63,910 $23,240 $40,670
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: SmartMLS

MLS Number: 170569303

SmartMLS

APN: NHVN-000423-001185-002300