NOT LISTED FOR SALE

Estimated Value: $232,000 - $379,000

4 Beds
2 Baths
1,624 Sq Ft
$175/Sq Ft Est. Value

Last Sold February 19, 2021

Last sale price $173,000 $107 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,071/month

201 Days on Market

Highlights

  • Attic
  • 8 Car Detached Garage
  • Hot Water Circulator
  • No HOA
  • Thermal Windows
  • Baseboard Heating

About This Home

As of February 2021

Fully Rented 4-Units, 2-Residential, 2-Garage. Great Rental History, No Vacancies In The Past 5+ Years. Good Monthly Income. New Roof 2019, New Thermal Windows 2017. A 10% Cap Rate With Good Opportunity For Increase. All Rents Currently Include Utilities And Are Below Market Rate. Hardwood Floors, Enclosed Wrap Around Sun Porch Good Off Street Parking, Full Basement. The 2nd Floor Unit Needs Work. Garage Needs Roof. All Current Tenants Would Like To Stay.

Last Agent to Sell the Property

Robert Arute

Arute Realty Group LLC License #RES.0792276 Listed on: 04/22/2020

Last Buyer's Agent

Alex Hoss

Coldwell Banker Realty License #RES.0808621

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,519

Year Built

  • Built in 1920

Lot Details

  • 0.43 Acre Lot
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Aluminum Siding
  • Masonry Siding
  • Masonry

Interior Spaces

  • 1,624 Sq Ft Home
  • Thermal Windows
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 8 Car Detached Garage
  • Driveway

Schools

  • Stafford High School

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Oil
  • Hot Water Circulator
  • Fuel Tank Located in Basement

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $32,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,519

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 1624
  • Public Record Living Room Sq Ft: 1624
  • Total Sq Ft: 1624
  • Year Built: 1920
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Public Record Gross Sq Ft: 3632
  • Tax Year Updated Dt: 07/13/2020
  • Directions: GPS Friendly
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Full With Hatchway, Unfinished, Concrete Floor, Interior Access
  • Attic: Yes
  • Street Number Modifier: 64

Exterior Features

  • Exterior Siding: Aluminum, Brick
  • Foundation Type: Brick, Masonry
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame, Brick

Garage/Parking

  • Garage Parking Info: Detached Garage
  • Garages Number: 8
  • Driveway Type: Paved, Asphalt

Utilities

  • Heat Type: Baseboard, Hot Water
  • Heat Fuel Type: Oil
  • Fuel Tank Location: In Basement
  • Hot Water Description: 40 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

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

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.4300
  • Lot Description: Level Lot
  • Zoning: LB

Multi Family

  • Gross Annual Income: 32000
  • Net Operating Income: 18000
  • Unit Count: 2
  • Total Multi Family: 9
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 4519
  • Total Assessed Value: 121450
  • Mil Rate Base: 34.930
  • Mil Rate Tax District: 2.280
  • Mil Rate Total: 37.210
  • Assessor Parcel Number: 1643918

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2020
Closed on
Feb 19, 2021
Sold by
Fiore Thomas J and Fiore Wilma
Bought by
Hoss Alex
Seller's Agent
Robert Arute
Arute Realty Group LLC
Buyer's Agent
Alex Hoss
Coldwell Banker Realty
List Price
$189,900
Sold Price
$173,000
Premium/Discount to List
-$16,900
-8.9%
Total Days on Market
201
Current Estimated Value
$283,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,685
Avg. Annual Appreciation
12.25%
Original Mortgage
$242,874
Outstanding Balance
$220,179
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$63,506

Purchase Details

Closed on
Nov 24, 2003
Sold by
Pianciera Peter
Bought by
Fiore Thomas and Fiore Wilma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.25%

Purchase Details

Closed on
Aug 21, 2002
Sold by
Hanley Bernard
Bought by
Panciera Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.25%

Purchase Details

Closed on
Jul 23, 2001
Sold by
Campo Loretta
Bought by
Panciera Peter and Hanley Bernard
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Hoss Alex $173,000 None Available
Fiore Thomas $165,000 --
Panciera Peter $70,000 --
Panciera Peter $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoss Alex $242,874
Previous Owner Panciera Peter $90,000
Previous Owner Panciera Peter $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $173,000 -3.8% $107 / Sq Ft
11/09/2020 11/09/20 Pending -- -- --
08/08/2020 08/08/20 Price Changed $179,900 -5.3% $111 / Sq Ft
04/22/2020 04/22/20 For Sale $189,900 -- $117 / 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
2024 $5,745 $138,880 $19,950 $118,930
2023 $5,457 $138,880 $19,950 $118,930
2022 $5,286 $138,880 $19,950 $118,930
2021 $4,829 $129,780 $19,950 $109,830
2020 $4,519 $121,450 $23,240 $98,210
2019 $4,519 $121,450 $23,240 $98,210
2018 $4,438 $121,450 $23,240 $98,210
2017 $4,395 $121,450 $23,240 $98,210
2016 $4,344 $121,450 $23,240 $98,210
2015 $4,325 $121,450 $23,240 $98,210
2014 $4,281 $121,450 $23,240 $98,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170288903

SmartMLS

APN: STAF-000052-000098