$820,000
SOLD SEP 25, 2024
4 Beds
2 Baths
1,884 Sq Ft
3,870 Sq Ft Lot

Recently Sold

$435 Per Sq Ft

4% Above List Price

7 Days on Market

Highlights

  • Golf Course Community
  • Open Floorplan
  • Wood Flooring
  • Medical Services
  • Property is near public transit
  • 2-minute walk to Avalon Beach

About This Home

As of September 2024

Lawn Avenue is the second street from Avalon Beach, close to Marina for boating enthusiasts, and next to Avalon Park - perfect for relaxation and recreation. Conveniently located near public transportation with easy access to the city. This two-family home features a front and back yard, a shared driveway with ample parking. The first floor offers an open living and dining area, two bedrooms with spacious closets, an updated kitchen with stainless steel appliances, and a modern bathroom. The second unit can function as two bedrooms and an office or can be converted into three bedrooms, also featuring updated kitchen and bathroom.Both units have enclosed back porches. The large basement with high ceilings presents endless possibilities. Recent updates include the roof, windows, siding, heating system, and hot water tanks. No flood insurance needed. Great opportunity for an investor or owner occupant living in one of the units and getting rent from the other one.

Last Agent to Sell the Property

Ilya Cobi

William Raveis R. E. & Home Services Listed on: 08/05/2024

William Raveis R. E. & Home Services

Last Buyer's Agent

Rose Hall

Blue Ocean Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,917

Year Built

  • Built in 1918

Lot Details

  • 3,870 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,884 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Living Room
  • Dining Room
  • Home Office
  • Sun or Florida Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Unfinished Basement

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

Parking

  • 2 Car Parking Spaces
  • Tandem Parking
  • Shared Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Walking Distance to Water
  • Bulkhead
  • Enclosed Patio or Porch
  • Shed

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Forced Air Heating System
  • 2 Heating Zones
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $2,350
  • Rent includes unit 1(water)
  • Assessor Parcel Number M:2003A B:10 L:2410

Community Details

Recreation

  • Golf Course Community

Additional Features

  • 2 Units
  • Medical Services
  • Net Operating Income $16,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,917

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1918
  • Buyer Agency: 2
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Laminate
  • Interior Amenities: Upgraded Cabinets, Upgraded Countertops, Open Floorplan, Remodeled, Bathroom With Tub, Living Room, Dining Room, Kitchen, Sunroom, Office/Den
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Interior Entry, Bulkhead, Concrete, Unfinished
  • Living Area: 1884
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: M59500
  • LIST PRICE PER Sq Ft: 419.32
  • PRICE PER Sq Ft: 435.24
  • MAIN SO: AN2056

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Other Structures: Shed(s)
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, Walk to, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Shared Driveway, Off Street, Tandem, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Golf, Medical Facility, Highway Access, House of Worship, Public School, T-Station
  • Rent Includes: Unit 1(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:2003A B:10 L:2410
  • Zoning: RESB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3870
  • Lot Size Units: Acres
  • PAGE: 225
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7917
  • Tax Book Number: 40249

Multi Family

  • Gross Income: 16800
  • Net Operating Income: 16800
  • Number Of Units Total: 2
  • Total Actual Rent: 2350
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2022
Sold by
Wilmington Svgs Fund Soc
Bought by
Chege Maureen
Current Estimated Value
$874,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,498
Interest Rate
3.05%
Mortgage Type
FHA

Purchase Details

Closed on
May 8, 2019
Sold by
Ring Darren M and Wilmington Svgs Fund Soc
Bought by
Wilmington Svgs Fund Soc

Purchase Details

Closed on
Sep 5, 2014
Sold by
Ring Darren and Ring Vicki A
Bought by
Ring Vicki A

Purchase Details

Closed on
Oct 31, 1994
Sold by
Montouri Mary
Bought by
Ring Darren M and Ring Vicki A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,391
Interest Rate
8.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $739,900 None Available
Foreclosure Deed $410,200 --
Foreclosure Deed $410,200 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Deed $135,000 --
Deed $135,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $615,000 Purchase Money Mortgage
Closed $615,000 Purchase Money Mortgage
Closed $726,498 FHA
Previous Owner $268,000 No Value Available
Previous Owner $13,391 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2024 09/25/24 Sold $820,000 +3.8% $435 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
08/05/2024 08/05/24 For Sale $790,000 -- $419 / 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 $8,394 $728,000 $251,900 $476,100
2024 $7,917 $702,500 $239,900 $462,600
2023 $7,576 $680,700 $218,100 $462,600
2022 $7,577 $632,500 $198,200 $434,300
2021 $6,140 $505,800 $198,200 $307,600
2020 $6,148 $494,600 $187,000 $307,600
2019 $5,399 $430,200 $173,100 $257,100
2018 $5,345 $400,700 $157,400 $243,300
2017 $5,511 $388,900 $149,900 $239,000
2016 $5,020 $349,600 $136,300 $213,300
2015 $4,824 $330,400 $128,600 $201,800
2014 $4,188 $281,800 $128,600 $153,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73273573

MLS Property Information Network (MLS PIN)

APN: QUIN-002003A-000010-002410