NOT LISTED FOR SALE

Estimated Value: $1,048,000 - $1,139,000

4 Beds
2 Baths
2,190 Sq Ft
$500/Sq Ft Est. Value

Last Sold September 25, 2023

Last sale price $837,500 $382 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $7,506/month

33 Days on Market

Highlights

  • Cape Cod Architecture
  • Property is near public transit
  • Main Floor Bedroom
  • Pelham Memorial High School Rated A+
  • Wood Flooring
  • Porch

About This Home

As of September 2023

This charming 2-family home offers an incredible opportunity for homeowners and investors alike. With two spacious 2-bedroom, 1-bath units, this property offers versatility and potential. Currently, the first floor is occupied by a stable, long-term tenant, providing a reliable source of income from day one. The recently renovated second floor unit is vacant, allowing for immediate occupancy or the possibility of renting it out for additional rental income. The house can also be converted back into a single-family home creating a spacious 4 bedroom/2 bath home. Recent exterior upgrades include a brand-new roof, chimney, and front porch. Inside, there is a new boiler, new hot water heater and new coin operated washer/dryer. In addition, there is parking for 3+ cars. Perfectly situated close to Julianne's Playground and the new Hutchinson elementary school, you are a short walk to the train station and downtown shops and restaurants.

Last Agent to Sell the Property

Kristin Bischof

Julia B Fee Sothebys Int. Rlty License #10301215090 Listed on: 07/14/2023

Julia B Fee Sothebys Int. Rlty

Last Buyer's Agent

Miriam Soto

RE/MAX Top License #30SO0828290

RE/MAX Top

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,745

Year Built

  • Built in 1922

Lot Details

  • 6,970 Sq Ft Lot
  • No Common Walls

Home Design

  • Cape Cod Architecture
  • Frame Construction

Interior Spaces

  • 2,190 Sq Ft Home
  • Wood Flooring
  • Eat-In Kitchen
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Driveway

Schools

  • Hutchinson Elementary School
  • Pelham Middle School
  • Pelham Memorial High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System

Additional Features

  • Porch
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas, heat, water
  • Assessor Parcel Number 4403-158-084-00002-000-0006

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,745

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Cape Cod
  • Property SubType: Multi Family
  • Year Built: 1922
  • Village: Pelham
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: First Floor Bedroom, Eat-in Kitchen
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Basement: Unfinished
  • Total Bedrooms: 4
  • Living Area: 2190
  • SquareFootage: 2190.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Shingle Siding
  • Patio and Porch Features: Porch

Garage/Parking

  • Total Parking Spaces: 3
  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Window Unit(s)
  • Cooling: Yes
  • Heating: Electric, Natural Gas, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: Gas Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Pelham Middle School

Lot Info

  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 6970
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 4403-158-084-00002-000-0006
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Heat, Water

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 2
  • Separate Gas Meters: 2
  • NumberOf2Bedrooms: 2

Tax Info

  • Tax Annual Amount: 18745
  • Tax Map Number: 4403-158-084-00002-000-0006
  • IncludedInTaxes: Sewer,Trash

MLS Schools

  • Elementary School: Hutchinson School
  • High School: Pelham Memorial High School
  • Middle School District: Pelham

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Sep 25, 2023
Sold by
Sj Pelham Realty Llc
Bought by
Oconnor Jeremy Michael and Malek Gina Lynn
Seller's Agent
Kristin Bischof
Julia B Fee Sothebys Int. Rlty
Buyer's Agent
Miriam Soto
RE/MAX Top
List Price
$850,000
Sold Price
$837,500
Premium/Discount to List
-$12,500
-1.47%
Views
238
Current Estimated Value
$1,095,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,041
Avg. Annual Appreciation
9.09%
Original Mortgage
$670,000
Outstanding Balance
$657,695
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$336,448

Purchase Details

Closed on
Jul 14, 2017
Sold by
Triple Zzz Realty Inc
Bought by
Kraus John and Kraus Susan

Purchase Details

Closed on
Nov 10, 2016
Sold by
Sasson Robert and Sasson Jacqueline
Bought by
Triple Zzz Realty Inc
Source: Public Records

Range of Values:

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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
Oconnor Jeremy Michael $837,500 Westcor Land Title Insurance C
Kraus John $620,000 First American
Triple Zzz Realty Inc $580,000 Judicial Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oconnor Jeremy Michael $670,000
Previous Owner Sj Pelham Realty Llc $250,000
Previous Owner Signorile Christine M $219,849
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2023 09/25/23 Sold $837,500 -1.5% $382 / Sq Ft
08/17/2023 08/17/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $850,000 -- $388 / Sq Ft
Source: OneKey® 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 $20,045 $899,000 $248,000 $651,000
2023 $18,917 $710,000 $165,000 $545,000
2022 $18,745 $669,500 $165,000 $504,500
2021 $18,654 $620,000 $165,000 $455,000
2020 $18,536 $620,000 $165,000 $455,000
2019 $22,386 $620,000 $165,000 $455,000
2018 $12,166 $580,000 $165,000 $415,000
2017 $0 $557,000 $165,000 $392,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6258433

OneKey® MLS

APN: 554403 158.84-2-6