NOT LISTED FOR SALE

Estimated Value: $242,000 - $285,000

4 Beds
2.5 Baths
1,135 Sq Ft
$227/Sq Ft Est. Value

Last Sold November 17, 2017

Last sale price $105,000 $93 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $1,700/month

52 Days on Market

Highlights

  • Deck
  • Thermal Windows
  • Smart Appliances
  • No HOA
  • Porch
  • 1-minute walk to Williams Memorial Park

About This Home

As of November 2017

ALL NEW HOPE HOUSE! FIRST TIME HOME BUYERS ONLY! 100% redone to include roof, deck, boilers, washers and dryers, insulation, drywall, siding, plumbing, electrical, floors, ceramic tile, General Woodcraft kitchens, stainless steel appliances, all new kitchen and bath fixtures! No corners were cut and quality products were used throughout. The apartment on the first level can be rented for $300 per month. Income cannot exceed the following: Family of 1 - $32,100, Family of 2 - $36,700, Family of 3 - $41,300. Family of 4 - $45,850. The rental apartment also has deed restrictions to the tenant occupying the apartment which income cannot exceed family of 1 - $19,250, family of 2 - $22,000. Rent can be increased 3% per year. These deed restrictions run with the property for 50 years. Price is non-negotiable. Income must be verified with tax returns and pay stubs.

Last Listed By

Kathleen Prater

RE/MAX Realty Group License #RES.0786370 Listed on: 08/29/2017

RE/MAX Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,766

Year Built

  • Built in 1883

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding
  • Stucco Exterior

Interior Spaces

  • Ceiling Fan
  • Thermal Windows
  • Apartment Living Space in Basement
  • Smart Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Smart Lights or Controls
  • Smart Thermostat

Parking

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

Outdoor Features

  • Deck
  • Porch

Schools

  • New London High School

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas

Additional Features

  • Modified Wall Outlets
  • Energy-Efficient Lighting

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $3,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,766

Year Built

Built in 1883

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 935
  • Public Record Living Room Sq Ft: 935
  • Sq Ft Est Heated Below Grade: 200
  • Total Sq Ft: 1135
  • Year Built: 1883
  • New Construction: Completed/Never Occupied
  • Remarks Public Addendum: Must verify income with tax returns for 2 years and 4 current pay stubs with any qualified offers. Grass is being seeded and the last of the contractor clean up will be completed very soon.
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Encumbrances Restrictions: Renting
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 2110
  • Directions: Truman Street to Belden Court. Take a left at the end of Belden Court. 3rd house down on the left.
  • Special Features: None

Interior Features

  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement Description: Apartment
  • Laundry Room Location: Each unit - new washer and dryer
  • Laundry Room Info: Washer/Dryer All Units
  • Attic: No
  • Home Automation: Appliances, Electric Outlet(s), Lighting, Thermostat(s)
  • Street Number Modifier: 66

Exterior Features

  • Exterior Features: Deck, Porch
  • Exterior Siding: Vinyl Siding, Stucco
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Off Street Parking
  • Driveway Type: Asphalt

Utilities

  • Cooling System: Ceiling Fans
  • Heat Type: Baseboard
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: Domestic
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • High School: New London

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.0700
  • Lot Description: Level Lot
  • Elevation Certificate: No
  • Flood Zone: No
  • Zoning: X500

Multi Family

  • Gross Annual Income: 3600
  • Unit Count: 2
  • Total Multi Family: 8
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2017-June 2018
  • Property Tax: 1766
  • Total Assessed Value: 39900
  • Mil Rate Base: 44.260
  • Mil Rate Total: 44.260
  • Assessor Parcel Number: 1999586

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: New London

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2017
Closed on
Oct 31, 2017
Sold by
Hope Inc
Bought by
Pastor Augusto I
Seller's Agent
Kathleen Prater
RE/MAX Realty Group
Buyer's Agent
Mario Stephens
RE/MAX Legends
List Price
$105,000
Sold Price
$105,000
Total Days on Market
52
Current Estimated Value
$257,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,621
Original Mortgage
$103,098
Outstanding Balance
$87,037
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 12, 2014
Sold by
Hernandez Jorge P and Hernandez Louise P
Bought by
Hope Inc

Range of Values:

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Average Value
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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
Pastor Augusto I $105,000 --
Hope Inc $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Jorge P $103,098
Previous Owner Hernandez Jorge P $54,212
Previous Owner Hernandez Jorge P $32,479
Previous Owner Hernandez Jorge P $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2017 11/17/17 Sold $105,000 0.0% $93 / Sq Ft
10/20/2017 10/20/17 Pending -- -- --
08/29/2017 08/29/17 For Sale $105,000 -- $93 / 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 $3,099 $112,700 $31,200 $81,500
2023 $2,432 $65,310 $13,090 $52,220
2022 $2,437 $65,310 $13,090 $52,220
2021 $2,479 $65,310 $13,090 $52,220
2020 $2,494 $65,310 $13,090 $52,220
2019 $2,606 $65,310 $13,090 $52,220
2018 $2,694 $61,600 $16,660 $44,940
2017 $1,766 $39,900 $16,660 $23,240
2016 $1,614 $39,900 $16,660 $23,240
2015 $1,941 $49,140 $16,660 $32,480
2014 $1,684 $49,140 $16,660 $32,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170009567

SmartMLS

APN: NLON-000025-000134-000002