NOT LISTED FOR SALE

Estimated Value: $2,224,000 - $2,629,340

9 Beds
3 Baths
3,562 Sq Ft
$661/Sq Ft Est. Value

Last Sold June 25, 2021

Last sale price $2,100,000 $590 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $13,954/month

5 Days on Market

Highlights

  • Ocean View
  • Fenced Yard
  • Enclosed Patio or Porch
  • Wood Flooring

About This Home

As of June 2021

Incredible City Point free standing 3 Family - steps to beach! Great opportunity for an owner occupied or investor. All units are laid out the same with a small difference on units 1 and 3; the screened porch has been opened to create large dining area in both units. Full 3 season room remains in unit 2. All apartments have updated kitchens and shower stall baths. There is hardwood floors throughout and tile in kitchen and bathrooms. Each unit has 3 spacious bedrooms with good size closets. Units 1 & 3 have in-unit laundry, coin-op in basement for unit 2. 3 Utica boilers, FHW/Gas heat, 3 newer hot water tanks. Excellent tenant history. House is in great shape and has been maintained over the years and has lots of its original charm with modern updates. Extra bonus includes huge back yard and water views from 3rd floor!! Current rents are below market. All leases through 8/31/2021. Showings start after Tuesday, April 20th.

Last Agent to Sell the Property

Paula Maher

Capital Residential Group, LLC Listed on: 04/17/2021

Last Buyer's Agent

Liping Huang

Peter Gee Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • Year Round Access
  • Fenced Yard

Additional Features

  • Ocean Views
  • Wood Flooring
  • Enclosed Patio or Porch
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.50
  • Year Built Description: Actual
  • List Price Per Sq Ft: 589.56
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1890
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1890

Interior Features

  • Flooring: Wood
  • Total Flrs: 6
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AC1408
  • Main So: BB5124
  • Estimated Sq Ft: 3562.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Waterview Features: Ocean
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Shingles
  • Exterior Features: Porch - Enclosed, Fenced Yard
  • Foundation: Brick, Granite

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Sewage District: BWS
  • Heat Zones: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Tennis Court, Park, Walk/Jog Trails, Bike Path

Lot Info

  • Assessments: 1476600.00
  • Acre: 0.08
  • Lot Size: 3387.00
  • Page: 000
  • Zoning: res
  • Lot Description: Cleared, Level

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 9875
  • Total Rms: 18
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 15902.00
  • Assessor Parcel Number: 1411029
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2021
Closed on
Jun 25, 2021
Sold by
Kiely Paul J and Kiely Nicola M
Bought by
Zhu Andrew X and Qiu Wendy W
Seller's Agent
Paula Maher
Capital Residential Group, LLC
Buyer's Agent
Liping Huang
Peter Gee Associates
List Price
$2,100,000
Sold Price
$2,100,000
Current Estimated Value
$2,355,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,335
Avg. Annual Appreciation
2.53%
Original Mortgage
$1,365,000
Outstanding Balance
$1,256,157
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,099,178

Purchase Details

Closed on
Nov 23, 2001
Sold by
Griganavicius Anna Est
Bought by
Kiely Paul J and Kiely Nicola M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zhu Andrew X $2,100,000 None Available
Kiely Paul J $532,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Andrew X $1,365,000
Previous Owner Kiely Paul J $497,000
Previous Owner Kiely Paul J $100,000
Previous Owner Kiely Paul J $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2021 06/25/21 Sold $2,100,000 0.0% $590 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
04/17/2021 04/17/21 For Sale $2,100,000 -- $590 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $20,687 $1,786,400 $617,300 $1,169,100
2024 $18,756 $1,720,700 $375,500 $1,345,200
2023 $17,434 $1,623,300 $354,200 $1,269,100
2022 $16,065 $1,476,600 $322,000 $1,154,600
2021 $15,755 $1,476,600 $322,000 $1,154,600
2020 $14,877 $1,408,800 $304,800 $1,104,000
2019 $14,146 $1,342,100 $229,000 $1,113,100
2018 $13,400 $1,278,600 $229,000 $1,049,600
2017 $12,890 $1,217,200 $229,000 $988,200
2016 $11,642 $1,058,400 $229,000 $829,400
2015 $11,483 $948,200 $240,300 $707,900
2014 $10,145 $806,400 $240,300 $566,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72816536

MLS Property Information Network (MLS PIN)

APN: SBOS-000000-000007-002595