NOT LISTED FOR SALE

Estimated Value: $511,000 - $590,362

8 Beds
3 Baths
2,754 Sq Ft
$204/Sq Ft Est. Value

Last Sold February 08, 2024

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

Est. 7% increase in value since last sale

Current estimated payment $3,600/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 Agent to Sell the Property

Sharon Ridley

StartPoint Realty Listed on: 08/10/2023

StartPoint Realty

Last Buyer's Agent

Brian Allen

Property Investors & Advisors, LLC

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
Current Estimated Value
$562,591

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
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
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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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73146948

MLS Property Information Network (MLS PIN)

APN: WORC-000005-000039-000006