NOT LISTED FOR SALE

Estimated Value: $514,168 - $713,000

5 Beds
2 Baths
1,906 Sq Ft
$320/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $525,000 $275 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,523/month

19 Days on Market

Highlights

  • Deck
  • Corner Lot
  • Cooling Available
  • Property is near public transit
  • Mud Room
  • Laundry Room

About This Home

As of April 2023

ATTENTION INVESTORS!!! Start your portfolio with 57 Cedar Street, a recently renovated Two-Family Home! Here is your opportunity for an investment property or owner-occupant investment. Live in one unit and benefit from the rental income, or rent both units. Either way there is nothing to do! Unit one offers an updated kitchen with granite countertops, tiled backsplash, newer stainless steel appliances, living room and updated tiled bath. Unit two contains two levels; the first level consists of 1 bedroom, living room, updated eat in kitchen with quartz countertops, tiled backsplash which leads to newer deck, newer stainless steel appliances, and updated, tiled bath; the second level consists of two bedrooms. Separate utilities, laundry hookup in basement, fully renovated in 2021. Property will be delivered vacant.

Last Agent to Sell the Property

George Dimis

PD Properties Listed on: 02/08/2023

Last Buyer's Agent

Alexander Sanchez

Douglas Elliman Real Estate - The Sarkis Team

Douglas Elliman Real Estate - The Sarkis Team

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,503

Year Built

  • Built in 1900

Lot Details

  • 1,742 Sq Ft Lot
  • Corner Lot

Home Design

  • Duplex
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,906 Sq Ft Home
  • Property has 1 Level
  • Mud Room
  • Range Hood

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Unfinished Basement

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

Outdoor Features

  • Deck
  • Rain Gutters

Location

  • Property is near public transit

Utilities

  • Cooling Available
  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4208658

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,503

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1900
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Mudroom, Unit 1(Stone/Granite/Solid Counters,Upgraded Cabinets,Upgraded Countertops,Bathroom with Shower Stall,Open Floor Plan), Unit 2(Stone/Granite/Solid Counters,Upgraded Countertops,Bathroom with Shower Stall,Open Floor Plan), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 2(Microwave,Refrigerator,Vent Hood,Range - ENERGY STAR), Gas Water Heater,Tankless Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Unit 1 Laundry Room, Unit 1(Washer & Dryer Hookup)
  • Basement: Full, Crawl Space, Interior Entry, Concrete, Unfinished
  • Living Area: 1906
  • Stories Total: 3
  • MAIN LO: AN5143
  • MAIN SO: AN4282

Exterior Features

  • Exterior Features: Rain Gutters, Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Patio And Porch Features: Deck - Wood
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Window AC)
  • Heating: Unit 1(Hot Water Baseboard,Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation

Lot Info

  • Parcel Number: 4208658
  • Zoning: B2
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.04
  • Lot Size Sq Ft: 1742
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4502.91

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2023
Closed on
Apr 7, 2023
Sold by
Charles-Balan Jameel
Bought by
Pelissier Claudette
Seller's Agent
George Dimis
PD Properties
Buyer's Agent
Alexander Sanchez
Douglas Elliman Real Estate - The Sarkis Team
List Price
$549,900
Sold Price
$525,000
Premium/Discount to List
-$24,900
-4.53%
Views
187
Current Estimated Value
$610,792

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,792
Avg. Annual Appreciation
5.62%
Original Mortgage
$472,500
Outstanding Balance
$457,111
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$153,681

Purchase Details

Listed on
Sep 28, 2021
Closed on
Nov 12, 2021
Sold by
Swift Homes Llc
Bought by
Charles-Balan Jameel
Seller's Agent
Joelvi Gonzalez
eXp Realty
Buyer's Agent
George Dimis
PD Properties
List Price
$479,900
Sold Price
$510,000
Premium/Discount to List
$30,100
6.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.09%
Original Mortgage
$500,762
Interest Rate
3.01%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 20, 2020
Sold by
Obi Eugene
Bought by
Swift Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,363
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 2007
Sold by
Deutsche Bank Natl T C and Morgan Stanley Cap 1 I
Bought by
Obi Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2003
Sold by
Villa Mercedes
Bought by
Villa Santo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2002
Sold by
Cortes Petra
Bought by
Villa Mercedes

Purchase Details

Closed on
Mar 26, 1998
Sold by
57 Cedar St Rt
Bought by
Cortes Petra

Purchase Details

Closed on
Dec 24, 1992
Sold by
Federal Home Loan Mortgage Corporation
Bought by
57 Cedar St Rt
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pelissier Claudette $525,000 None Available
Charles-Balan Jameel $510,000 None Available
Swift Homes Llc $180,000 None Available
Obi Eugene $155,000 --
Obi Eugene $155,000 --
Villa Santo $260,000 --
Villa Santo $260,000 --
Villa Mercedes $143,673 --
Cortes Petra $16,000 --
57 Cedar St Rt $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pelissier Claudette $472,500
Previous Owner Charles-Balan Jameel $500,762
Previous Owner Swift Homes Llc $276,363
Previous Owner Obi Eugene $123,500
Previous Owner Obi Eugene $16,000
Previous Owner Villa Santo $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/07/2023 04/07/23 Sold $525,000 -4.5% $275 / Sq Ft
02/28/2023 02/28/23 Pending -- -- --
02/08/2023 02/08/23 For Sale $549,900 +7.8% $289 / Sq Ft
11/12/2021 11/12/21 Sold $510,000 +6.3% $265 / Sq Ft View Prior Sale
10/04/2021 10/04/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $479,900 -- $250 / 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 $4,332 $492,300 $71,300 $421,000
2024 $4,229 $457,200 $75,000 $382,200
2023 $4,503 $443,200 $72,400 $370,800
2022 $3,184 $278,300 $68,200 $210,100
2021 $2,904 $236,700 $68,200 $168,500
2020 $2,800 $225,300 $56,900 $168,400
2019 $2,635 $192,600 $42,200 $150,400
2018 $2,433 $169,900 $38,300 $131,600
2017 $2,284 $148,900 $36,300 $112,600
2016 $2,210 $142,500 $28,300 $114,200
2015 $2,120 $140,200 $28,300 $111,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73077543

MLS Property Information Network (MLS PIN)

APN: LAWR-000168-000000-000029