NOT LISTED FOR SALE

Estimated Value: $2,231,800 - $2,998,000

9 Beds
3 Baths
4,665 Sq Ft
$542/Sq Ft Est. Value

Last Sold August 24, 2018

Last sale price $2,000,000 $429 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $15,306/month

52 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • 2-minute walk to Medal Of Honor Park
  • Wood Flooring
  • Porch

About This Home

As of August 2018

City Point free standing 3 family! Huge building with nearly 4700 sf of living area and sits across from independence Park on M Street. Units 2 &3 are currently rented (TAW) with unit 1 vacant and ready for new owner!! Each spacious unit has an eat in kitchen with large pantry, formal dining room and bow front living room which has beautiful park views. There are 3 large bedrooms and 2 walk in closets. All 3 units have front and rears decks with units 2 and 3 having city views, and unit 3 having some water views. All units have some original charm including hardwood flooring, pocket doors, built in hutches and more. Great for an owner or investor!! Steps to trendy East Broadway shops and restaurants. A must see!! “The property is being sold ‘AS IS' to settle an estate. Buyer shall perform its own due diligence. Seller makes no representations as to the condition of the property.”

Last Agent to Sell the Property

Paula Maher

Capital Residential Group, LLC Listed on: 06/12/2018

Last Buyer's Agent

Aranson & Associates

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 3,049

Flooring

  • Wood
  • Tile
  • Vinyl

Outdoor Features

  • Deck
  • Porch

Additional Features

  • Fenced Yard
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 503.73
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1915
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1915

Interior Features

  • Flooring: Wood, Tile, Vinyl
  • Total Flrs: 6
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 18
  • Basement: Y
  • Basement Features: Full, Walk Out
  • Main Lo: AC1408
  • Main So: AN2383
  • Estimated Sq Ft: 4665.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Shingles
  • Exterior Features: Porch, Deck - Wood, Fenced Yard
  • Foundation: Granite

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park

Lot Info

  • Assessments: 1197100.00
  • Acre: 0.07
  • Lot Size: 2903.00
  • Page: 00
  • Zoning: Res
  • Lot Description: Fenced/Enclosed

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 4800
  • Total Rms: 18
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 12660.00
  • Assessor Parcel Number: 1333930

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2025
Sold by
Hermitage Prop Mgmt Llc and 178 L Street Llc
Bought by
Srp 57 M Street Llc
Current Estimated Value
$2,530,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,525,000
Outstanding Balance
$1,518,374
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,011,826

Purchase Details

Closed on
May 6, 2025
Sold by
Hermitage Prop Mgmt Llc
Bought by
Hermitage Prop Mgmt Llc and 178 L Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,525,000
Outstanding Balance
$1,518,374
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,011,826

Purchase Details

Listed on
Jun 12, 2018
Closed on
Sep 14, 2018
Sold by
Mcnamara Brendan T and Mcnamara Jacquelyn S
Bought by
Hermitage Property Mgm
Seller's Agent
Paula Maher
Capital Residential Group, LLC
Buyer's Agent
Aranson & Associates
Compass
List Price
$2,349,900
Sold Price
$2,000,000
Premium/Discount to List
-$349,900
-14.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.19%
Original Mortgage
$1,500,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 12, 2018
Closed on
Aug 24, 2018
Sold by
Bowen John J Est and Glynn
Bought by
Mcnamara Brendan T and Mcnamara Jacquelyn S
Seller's Agent
Paula Maher
Capital Residential Group, LLC
Buyer's Agent
Aranson & Associates
Compass
List Price
$2,349,900
Sold Price
$2,000,000
Premium/Discount to List
-$349,900
-14.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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
Srp 57 M Street Llc $2,300,000 None Available
Srp 57 M Street Llc $2,300,000 None Available
Hermitage Prop Mgmt Llc -- None Available
Hermitage Prop Mgmt Llc -- None Available
Hermitage Property Mgm -- --
Hermitage Property Mgm -- --
Mcnamara Brendan T $2,000,000 --
Mcnamara Brendan T $2,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srp 57 M Street Llc $1,525,000
Closed Srp 57 M Street Llc $1,525,000
Previous Owner Mcnamara Brendan T $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2018 08/24/18 Sold $2,000,000 -14.9% $429 / Sq Ft
08/03/2018 08/03/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $2,349,900 -- $504 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $27,249 $2,353,100 $703,800 $1,649,300
2024 $23,881 $2,190,900 $398,000 $1,792,900
2023 $21,787 $2,028,600 $368,500 $1,660,100
2022 $20,065 $1,844,200 $335,000 $1,509,200
2021 $19,678 $1,844,200 $335,000 $1,509,200
2020 $14,880 $1,409,100 $353,200 $1,055,900
2019 $13,505 $1,281,300 $248,400 $1,032,900
2018 $12,546 $1,197,100 $248,400 $948,700
2017 $12,068 $1,139,600 $248,400 $891,200
2016 $10,901 $991,000 $248,400 $742,600
2015 $9,952 $821,800 $212,400 $609,400
2014 $9,757 $775,600 $212,400 $563,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72344258

MLS Property Information Network (MLS PIN)

APN: SBOS-000000-000006-003550

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