NOT LISTED FOR SALE

Estimated Value: $391,256

11 Beds
3 Baths
7,408 Sq Ft
$53/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $215,000 $29 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $2,449/month

144 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Storm Windows
  • Canyon Crest Academy Rated A+
  • No HOA
  • Zoned Heating

About This Home

As of May 2017

Outstanding and rare opportunity to own this high cash flowing investment property which is being offered at a favorable 10 cap or better! The property consisting of an eight (8) licensed rooming house. All rooms are located on the second and third floor and paid on a per weekly basis. There is also a large 3 bedroom apartment located on the main floor which has a yearly lease and paid each month. The first floor apartment has its own separate oil furnace (tenant pays all utilities), this apartment could be perfect for an owner occupied situation. Most tenants are all long term and steady occupants that makes for an ease of operation. Seller has owned and operated this property for over 15 years and is only selling as he has moved out of state. All reasonable offers will be considered. The property is in good condition and certainly worth a look!

Last Agent to Sell the Property

John Vercelli

Berkshire Hathaway NE Prop. License #REB.0757025 Listed on: 10/06/2016

Berkshire Hathaway NE Prop.

Last Buyer's Agent

John Vercelli

Berkshire Hathaway NE Prop. License #REB.0757025 Listed on: 10/06/2016

Berkshire Hathaway NE Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,123

Year Built

  • Built in 1895

Lot Details

  • 10,860 Sq Ft Lot
  • Level Lot

Home Design

  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 3 Full Bathrooms
  • 7,408 Sq Ft Home
  • 3-Story Property
  • Basement Fills Entire Space Under The House
  • Storm Windows

Parking

  • 10 Parking Spaces
  • Parking Deck
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near shops
  • Property is near a bus stop

Schools

  • Pboe Elementary School
  • Pboe High School

Utilities

  • Zoned Heating
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Oil Water Heater
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 9 Units

Building Details

  • Gross Income $101,520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,123

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Neighborhood: West End
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Total Sq Ft: 7408
  • Year Built: 1895
  • Nearby Amenities: Commuter Bus, Shopping/Mall, Public Trash Pickup, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Directions: Farmington Ave to Kenyon Street.
  • Special Features: None
  • Stories: 3

Interior Features

  • Full Bathrooms: 3
  • Basement Description: Full
  • Laundry Room Location: Lower Level
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: No
  • Stories Number Of: 3

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Aluminum, Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Assigned Parking, Off Street Parking, Paved
  • Driveway Type: Asphalt, Paved
  • Total Parking Spaces: 10

Utilities

  • Heat Type: Hot Air, Zoned
  • Heat Fuel Type: Natural Gas, Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: Natural Gas, Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Green Features

  • Energy Features: Storm Windows

Lot Info

  • Acres: 0.2493
  • Lot Description: Level Lot

Rental Info

  • Landlord Responsibility: Electricity, Grounds Maintenance, Heat, Hot Water, Insurance, Maintenance/Repairs, Property Management, Real Estate Taxes, Sewer, Snow Removal, Trash Service, Water
  • Lease Purchase: No

Multi Family

  • Gross Annual Income: 101520
  • Unit Count: 10
  • Total Num Of Units: 9

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 5123
  • Assessor Parcel Number: 599338

MLS Schools

  • Elementary School: PBOE
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2016
Closed on
Apr 4, 2017
Sold by
62-64 Kenyon Street Ll
Bought by
Kenyon Llc
Seller's Agent
John Vercelli
Berkshire Hathaway NE Prop.
Buyer's Agent
John Vercelli
Berkshire Hathaway NE Prop.
List Price
$395,000
Sold Price
$215,000
Premium/Discount to List
-$180,000
-45.57%
Current Estimated Value
$391,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,256
Avg. Annual Appreciation
7.33%
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
Kenyon Llc $215,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2017 05/31/17 Sold $215,000 -45.6% $29 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
10/06/2016 10/06/16 For Sale $395,000 -- $53 / 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 $18,765 $272,160 $57,750 $214,410
2024 $18,765 $272,160 $57,750 $214,410
2023 $18,765 $272,160 $57,750 $214,410
2022 $18,765 $272,160 $57,750 $214,410
2021 $13,001 $175,000 $57,750 $117,250
2020 $13,001 $175,000 $57,750 $117,250
2019 $6,500 $87,500 $28,875 $58,625
2018 $7,146 $96,184 $27,901 $68,283
2016 $5,513 $74,212 $25,188 $49,024
2015 $5,251 $70,687 $23,992 $46,695
2014 $5,123 $68,959 $23,406 $45,553
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: G10174374

SmartMLS

APN: HTFD-000133-000310-000062