NOT LISTED FOR SALE

Estimated Value: $516,000 - $583,000

8 Beds
3 Baths
2,754 Sq Ft
$202/Sq Ft Est. Value

Last Sold February 08, 2024

Last sale price $525,000 $191 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,613/month

12 Days on Market

Highlights

  • Tandem Parking
  • Fenced
  • Heating Available

About This Home

As of February 2024

***Investors and owner occupied take notice of this spacious 3 family minutes from Polar Park and major routes like 290,146. Ample off street parking. Current rents are below market rates, so there's great potential to make money. 1st floor has 3 bedrooms and 1 bath with hardwoods under carpets. 2nd floor has 3 bedrooms and 1 bathroom. 3rd floor has 2 bedrooms and 1 bath. All units have laundry in unit. Hot water heaters are less than 5 years old. Property needs some TLC but overall it's a great investment. Seller lives in 1st floor unit.

Last Listed By

Sharon Ridley

StartPoint Realty Listed on: 08/10/2023

StartPoint Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,788

Year Built

  • Built in 1890

Lot Details

  • 4,036 Sq Ft Lot
  • Fenced

Home Design

  • 2,754 Sq Ft Home
  • Triplex
  • Stone Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 4 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • Heating Available
  • Knob And Tube Electrical Wiring
  • 100 Amp Service

Listing and Financial Details

  • Total Actual Rent $2,300
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 1766521

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,788

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1890
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Interior Entry, Unfinished
  • Living Area: 2754
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: H95120
  • LIST PRICE PER Sq Ft: 208.79
  • PRICE PER Sq Ft: 190.63
  • MAIN SO: AN6259

Exterior Features

  • Fencing: Fenced/Enclosed
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Gas), Unit 2(Gas)
  • Electric: 100 Amp Service, Knob & Tube Wiring
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1766521
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 4036
  • Lot Size Units: Acres
  • PAGE: 0205
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5787.62
  • Tax Book Number: 43284

Multi Family

  • Gross Income: 18000
  • Net Operating Income: 18000
  • Number Of Units Total: 3
  • Total Actual Rent: 2300
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2008
Sold by
Ortiz Daniel
Bought by
Ortiz Daniel and Ortiz Maria
Total Days on Market
12
Current Estimated Value
$555,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 1998
Sold by
Abrazinski Richard P and Abrazinski Lawrence J
Bought by
Ortiz Daniel and Ortiz Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,949
Interest Rate
7.08%
Mortgage Type
Purchase Money Mortgage

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
Ortiz Daniel -- --
Ortiz Daniel $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cooley Megan $606,000
Closed Cooley Megan $600,000
Closed Ortiz Daniel $390,000
Previous Owner Ortiz Daniel $150,783
Previous Owner Ortiz Daniel $125,000
Previous Owner Ortiz Daniel $98,000
Previous Owner Ortiz Daniel $73,323
Previous Owner Ortiz Daniel $15,638
Previous Owner Ortiz Daniel $74,949
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2024 02/08/24 Sold $525,000 -8.7% $191 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
08/10/2023 08/10/23 For Sale $575,000 -- $209 / 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 $6,422 $486,900 $70,000 $416,900
2024 $6,248 $454,400 $70,000 $384,400
2023 $5,788 $403,600 $60,900 $342,700
2022 $5,211 $342,600 $48,700 $293,900
2021 $4,301 $264,200 $38,900 $225,300
2020 $4,021 $236,500 $38,700 $197,800
2019 $4,169 $231,600 $33,800 $197,800
2018 $3,752 $198,400 $33,800 $164,600
2017 $3,550 $184,700 $33,800 $150,900
2016 $3,475 $168,600 $24,900 $143,700
2015 $3,384 $168,600 $24,900 $143,700
2014 $3,294 $168,600 $24,900 $143,700
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73146948

MLS Property Information Network (MLS PIN)

APN: WORC-000005-000039-000006