NOT LISTED FOR SALE

Estimated Value: $203,000 - $285,000

6 Beds
2 Baths
2,624 Sq Ft
$95/Sq Ft Est. Value

Last Sold January 13, 2022

Last sale price $180,000 $69 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $1,730/month

4 Days on Market

Highlights

  • No HOA
  • Detached Garage
  • Heating System Uses Natural Gas

About This Home

As of January 2022

Large and bright two-family in excellent location for tenant convenience. Right on the bus-line and walking distance to Shoprite and Dunkin' Donuts as well as other amenities. Historically easy to rent out over the last 30+ years. Getting $1,050 for the first floor and only $855 for the second floor unit which will soon be vacant, each a 3BR/1BA unit. Property has off street parking in long driveway and shed available for tenant storage or backyard supplies. Looking at approx. 8.10% cap with conservative fair market rent for upstairs unit. Laundry hookups in basement and large backyard. Available as package with neighboring properties (604 Central, 692 Central & 700 Central, 9 units total).

Last Agent to Sell the Property

Samantha Curry

New Scotland Realty License #10491209794 Listed on: 07/27/2021

Last Buyer's Agent

Nicholas Khachadourian

KW Platform License #10401305182

KW Platform

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,350

Year Built

  • Built in 1910

Lot Details

  • 4,792 Sq Ft Lot

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,624 Sq Ft Home
  • Basement Fills Entire Space Under The House

Parking

  • Detached Garage
  • Open Parking
  • Off-Street Parking

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 55 / 1
  • Assessor Parcel Number 010100 64.28-1-55

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,350

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Year Built: 1910
  • Directions: Right next to Cafe Italia on Central Ave strip
  • Above Grade Finished Sq Ft: 2624.0
  • Architectural Style: Duplex-Over/Under
  • Lot Size Acres: 0.11
  • Lot Size: .11 acres
  • New Construction: No
  • Possession Possession Legacy: at closing
  • Sale Detail Seller Contribution: No
  • Special Features: None

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Living Area: 2624.0
  • Full Basement: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Waterfront: No
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Parking Features: Off Street, Detached
  • Attached Garage: No
  • Open Parking: Yes
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: Yes
  • Parking Features:Detached: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Radiant, Natural Gas
  • Water Source: Public
  • Heating Yn: Yes
  • Heating:Radiant: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 64.28-1-55
  • Lot Size Sq Ft: 4791.6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5350.0
  • Tax Block: 1
  • Tax Lot: 55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2021
Closed on
Jan 13, 2022
Sold by
G Ferracane Property Co Llc
Bought by
Mizhirumbay Manuel B and Mizhirumbay Manuel J
Seller's Agent
Samantha Curry
New Scotland Realty
Buyer's Agent
Nicholas Khachadourian
KW Platform
List Price
$180,000
Sold Price
$180,000
Current Estimated Value
$250,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,498
Avg. Annual Appreciation
8.87%
Original Mortgage
$35,000
Outstanding Balance
$32,238
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$218,260
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mizhirumbay Manuel B $180,000 None Listed On Document
Mizhirumbay Manuel B $215,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mizhirumbay Manuel B $35,000
Closed Mizhirumbay Manuel B $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2022 01/13/22 Sold $180,000 0.0% $69 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/26/2021 07/26/21 For Sale $180,000 -- $69 / Sq Ft
Source: Global MLS

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 $4,927 $186,000 $37,200 $148,800
2023 $5,738 $141,000 $28,200 $112,800
2022 $5,614 $141,000 $28,200 $112,800
2021 $5,602 $141,000 $28,200 $112,800
2020 $5,350 $141,000 $28,200 $112,800
2019 $5,551 $141,000 $28,200 $112,800
2018 $5,362 $141,000 $28,200 $112,800
2017 $3,154 $141,000 $28,200 $112,800
2016 $5,201 $141,000 $28,200 $112,800
2015 $5,296 $144,300 $28,900 $115,400
2014 -- $144,300 $28,900 $115,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202124613

Global MLS

APN: 010100-064-028-0001-055-000-0000