NOT LISTED FOR SALE

Estimated Value: $501,000 - $523,000

6 Beds
2 Baths
1,391 Sq Ft
$367/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $492,000 $354 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,483/month

3 Days on Market

Highlights

  • 1 Fireplace
  • Central Air
  • Level Lot

About This Home

As of May 2024

INVESTORS SPECIAL**Spacious split-level home boasting 6 bedrooms and 2 full bathrooms, ideally located at the intersection of North End and Lake Forest, just minutes away from Sacred Heart University. Recently renovated kitchen featuring granite countertops, stainless steel appliances, and modern subway tile backsplash. Both bathrooms have been tastefully updated, one on each floor. Enjoy gatherings in the inviting family room, complete with a charming brick fireplace and soaring vaulted ceilings. With newer mechanicals, low-maintenance vinyl siding, and promising income prospects, this property presents an exceptional investment opportunity. Currently leased to Students for $4,500 until 05/2024 with increase set to $4,650 monthly until 05/2025.

Last Agent to Sell the Property

Courtney McManus

The Agency License #REB.0794144 Listed on: 04/09/2024

The Agency

Last Buyer's Agent

Courtney McManus

The Agency License #REB.0794144 Listed on: 04/09/2024

The Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,439

Year Built

  • Built in 1974

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot
  • Property is zoned RA

Home Design

  • Split Level Home
  • Concrete Foundation
  • Asphalt Shingled Roof
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 1,391 Sq Ft Home
  • 1 Fireplace
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 40790

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,439

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Neighborhood: North End
  • Property Type: Single Family For Sale
  • Style: Split Level
  • Sq Ft Est Heated Above Grade: 1391
  • Total Sq Ft: 1391
  • Year Built: 1974
  • New Construction: No/Resale
  • Remarks Public Addendum: Currently leased to Students for $4,500 until 05/2024 with increase set to $4,650 monthly until 05/2025.
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: GPS Friendly
  • Financing Used: Conventional Fixed
  • Living Area Sq Ft Per Public Record: 1391
  • Street Type: Lane
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Fireplaces: 1
  • Basement Description: Full, Partially Finished
  • Appliances: Electric Cooktop, Refrigerator, Dishwasher, Washer, Dryer
  • Laundry Room Info: Lower Level
  • Attic: No
  • Street Number Modifier: 58

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Not Applicable
  • Swimming Pool: No
  • Construction Description: Concrete

Garage/Parking

  • Garage And Parking: None

Utilities

  • Cooling System: Central Air
  • Heat Type: Hot Air
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Other
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

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

Lot Info

  • Acres: 0.17
  • Lot Description: Level Lot
  • Zoning: RA
  • Parcel #: 40790

Tax Info

  • Tax Year: July 2023-June 2024
  • Property Tax: 8439
  • Total Assessed Value: 194220
  • Mil Rate Total: 43.45

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
Apr 9, 2024
Closed on
May 31, 2024
Sold by
58 Village Llc
Bought by
Gavilan Michael and Gavilan Michelle
Seller's Agent
Courtney McManus
The Agency
Buyer's Agent
Courtney McManus
The Agency
List Price
$469,999
Sold Price
$492,000
Premium/Discount to List
$22,001
4.68%
Total Days on Market
3
Views
50
Current Estimated Value
$510,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,538
Avg. Annual Appreciation
2.35%
Original Mortgage
$369,000
Outstanding Balance
$364,743
Interest Rate
7.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$141,976

Purchase Details

Closed on
Aug 8, 2023
Sold by
Callaghan Steven and Piazza Anthony
Bought by
58 Village Llc

Purchase Details

Closed on
May 8, 2023
Sold by
M & M 58 Village Lane Llc
Bought by
Callaghan Steven and Piazza Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,500
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 19, 2021
Closed on
Apr 7, 2021
Sold by
Village Lane 58 Llc
Bought by
Martello John and Montemarano Michael
Seller's Agent
Anthony Fabrizio
Coldwell Banker Realty
Buyer's Agent
Jeffrey Mcternan
Higgins Group Real Estate
List Price
$359,900
Sold Price
$330,000
Premium/Discount to List
-$29,900
-8.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%
Original Mortgage
$247,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2018
Sold by
Dominguez 4Th Manuel and Dominguez Renee
Bought by
Village Lane 58 Llc

Purchase Details

Closed on
Dec 26, 2017
Sold by
58 Village Ln Llc
Bought by
Dominguez Manuel and Dominguez Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,400
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2015
Sold by
Mackay Douglas and Mackay Martha
Bought by
Village Lane Llc

Purchase Details

Closed on
Apr 4, 2011
Sold by
Rweyemamu Theonestina
Bought by
Mackay Douglas R

Purchase Details

Closed on
Aug 2, 2004
Sold by
Aguillon Jose and Aguillo Silvia
Bought by
Rweyemamu Taeonestina

Purchase Details

Closed on
Dec 14, 1996
Sold by
Kwanki Cheng and Zou Ai Gin
Bought by
Sheng Jian Zhong and Zheng Hau Ying
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
Gavilan Michael $492,000 None Available
Gavilan Michael $492,000 None Available
Gavilan Michael $492,000 None Available
58 Village Llc -- None Available
58 Village Llc -- None Available
58 Village Llc -- None Available
Callaghan Steven $410,000 None Available
Callaghan Steven $410,000 None Available
Callaghan Steven $410,000 None Available
Martello John $330,000 None Available
Martello John $330,000 None Available
Martello John $330,000 None Available
Village Lane 58 Llc -- --
Dominguez Manuel $233,000 --
Village Lane Llc -- --
Mackay Douglas R $178,000 --
Rweyemamu Taeonestina $280,000 --
Sheng Jian Zhong $86,000 --
Village Lane 58 Llc -- --
Dominguez Manuel $233,000 --
Village Lane Llc -- --
Mackay Douglas R $178,000 --
Rweyemamu Taeonestina $280,000 --
Sheng Jian Zhong $86,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gavilan Michael $369,000
Closed Gavilan Michael $369,000
Previous Owner Callaghan Steven $348,500
Previous Owner Martello John $247,500
Previous Owner Sheng Jian Zhong $186,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $492,000 +4.7% $354 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
04/09/2024 04/09/24 For Sale $469,999 +42.4% $338 / Sq Ft
04/08/2021 04/08/21 Sold $330,000 -8.3% $237 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $359,900 -- $259 / 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 $8,668 $199,500 $77,900 $121,600
2024 $8,668 $199,500 $77,900 $121,600
2023 $8,439 $194,220 $77,900 $116,320
2022 $8,439 $194,220 $77,900 $116,320
2021 $8,439 $194,220 $77,900 $116,320
2020 $8,713 $161,380 $61,030 $100,350
2019 $8,713 $161,380 $61,030 $100,350
2018 $8,780 $161,490 $61,030 $100,460
2017 $8,780 $161,490 $61,030 $100,460
2016 $8,780 $161,490 $61,030 $100,460
2015 $8,340 $197,620 $66,990 $130,630
2014 $8,340 $197,620 $66,990 $130,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 24007117

SmartMLS

APN: BRID-002647A-000031