NOT LISTED FOR SALE

Estimated Value: $703,250 - $788,000

7 Beds
3 Baths
3,119 Sq Ft
$242/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $620,000 $199 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,725/month

4 Days on Market

About This Home

As of March 2022

Great opportunity for an investor with a 9.6% cap rate!!! This spacious two family features original woodwork, moldings and hardwood floors.The first floor features 3 ample sized bedrooms, full bath, kitchen with pantry and living room. Second floor features 4 bedrooms townhouse style unit, living room with hardwood and upgraded kitchen, hardwood flooring, skylights, wet bar, and 2 full baths. Fully occupied building, tenants pay separate utilities, and will convey with the property. Located in a convenient location close to UML with easy access to downtown, shopping, schools, restaurants, etc. Property being sold as-is.

Last Agent to Sell the Property

Paul Dunton

RE/MAX Triumph Realty Listed on: 06/17/2021

RE/MAX Triumph Realty

Co-Listed By

Brianna Masse

RE/MAX Triumph Realty

Last Buyer's Agent

Rosemary Galindo

MP Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,120

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation

Interior Spaces

  • 3,119 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Open Parking

Community Details

  • 2 Units
  • Net Operating Income $56,400

Listing and Financial Details

  • Total Actual Rent $4,700
  • Assessor Parcel Number 3177925

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,120

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Dishwasher,Refrigerator)
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Unfinished
  • Living Area: 3119
  • Stories Total: 3
  • MAIN LO: AN4580
  • LIST PRICE PER Sq Ft: 188.17
  • PRICE PER Sq Ft: 198.78
  • MAIN SO: AN1199

Exterior Features

  • Foundation Details: Stone
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: 3177925
  • Zoning: S2002
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4356
  • Lot Size Units: Acres
  • LOT SIZE: 4401
  • PAGE: 76

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5120.18
  • Tax Book Number: 32612

Multi Family

  • Gross Income: 56400
  • Net Operating Income: 56400
  • Number Of Units Total: 2
  • Total Actual Rent: 4700
  • LEVELS 1: 1
  • LEVELS 2: 2
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Mar 18, 2022
Sold by
Alhumdulillah Ret
Bought by
Valdes Luis
Seller's Agent
Paul Dunton
RE/MAX Triumph Realty
Buyer's Agent
Rosemary Galindo
MP Realty Group
List Price
$586,900
Sold Price
$620,000
Premium/Discount to List
$33,100
5.64%
Current Estimated Value
$755,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,063
Avg. Annual Appreciation
4.13%
Original Mortgage
$496,000
Outstanding Balance
$468,634
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$243,654

Purchase Details

Closed on
May 2, 2019
Sold by
Patel Mohammed and Patel Jaima
Bought by
Alhumdulillah Ret and Patel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
4.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Oct 11, 2018
Closed on
Nov 26, 2018
Sold by
Marzeoti Kyle
Bought by
Patel Mohammad and Patel Jaima
Seller's Agent
Tyler Lecao
BA Property & Lifestyle Advisors
Buyer's Agent
Paul Dunton
RE/MAX Triumph Realty
List Price
$448,800
Sold Price
$460,000
Premium/Discount to List
$11,200
2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.71%
Original Mortgage
$345,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 15, 2012
Closed on
Dec 11, 2012
Sold by
Giguere David and Giguere Lisa
Bought by
Marzeoti Kyle
Seller's Agent
Listing Group
Lamacchia Realty, Inc.
Buyer's Agent
Rachel Masse
AA Premier Properties, LLC
List Price
$209,000
Sold Price
$225,000
Premium/Discount to List
$16,000
7.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.73%
Original Mortgage
$220,924
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2005
Sold by
Sheehan Michael J and Sheehan Tara
Bought by
Giguere David and Giguere Lisa

Purchase Details

Closed on
Sep 27, 1996
Sold by
Gendreau Stephen
Bought by
Sheehan Michael J

Purchase Details

Closed on
Aug 13, 1993
Sold by
Sheehan Virginia A
Bought by
Gendreau Stephen
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
Valdes Luis $620,000 None Available
Alhumdulillah Ret -- --
Alhumdulillah Ret -- --
Patel Mohammad $460,000 --
Marzeoti Kyle $225,000 --
Giguere David $350,000 --
Giguere David $350,000 --
Giguere David $350,000 --
Sheehan Michael J $111,000 --
Sheehan Michael J $111,000 --
Gendreau Stephen $80,000 --
Gendreau Stephen $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valdes Luis $496,000
Closed Valdes Luis $496,000
Previous Owner Alhumdulillah Ret $345,000
Previous Owner Patel Mohammad $345,000
Previous Owner Marzeoti Kyle $213,500
Previous Owner Marzeoti Kyle $220,924
Previous Owner Gendreau Stephen $340,195
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $620,000 +5.6% $199 / Sq Ft
06/21/2021 06/21/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $586,900 +27.6% $188 / Sq Ft
11/30/2018 11/30/18 Sold $460,000 +2.5% $147 / Sq Ft
10/30/2018 10/30/18 Pending -- -- --
10/19/2018 10/19/18 For Sale $448,800 0.0% $144 / Sq Ft
10/17/2018 10/17/18 Pending -- -- --
10/11/2018 10/11/18 For Sale $448,800 +99.5% $144 / Sq Ft
12/11/2012 12/11/12 Sold $225,000 +7.7% $72 / Sq Ft
11/11/2012 11/11/12 Pending -- -- --
08/15/2012 08/15/12 For Sale $209,000 -- $67 / 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 $7,330 $638,500 $129,800 $508,700
2024 $6,604 $554,500 $104,700 $449,800
2023 $6,086 $490,000 $85,500 $404,500
2022 $5,518 $434,800 $75,700 $359,100
2021 $5,120 $380,400 $65,800 $314,600
2020 $5,015 $375,400 $85,200 $290,200
2019 $4,517 $321,700 $74,800 $246,900
2018 $3,937 $292,300 $71,200 $221,100
2017 $3,946 $264,500 $64,700 $199,800
2016 $3,984 $262,800 $63,000 $199,800
2015 $3,632 $234,600 $60,300 $174,300
2013 $3,211 $213,900 $66,600 $147,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72851766

MLS Property Information Network (MLS PIN)

APN: LOWE-000082-002090-000060