NOT LISTED FOR SALE

Estimated Value: $731,000 - $795,000

12 Beds
3 Baths
6,622 Sq Ft
$114/Sq Ft Est. Value

Last Sold January 05, 2024

Last sale price $705,000 $106 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,965/month

22 Days on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • Coin Laundry
  • Wood Flooring
  • Shops
  • Level Lot

About This Home

As of January 2024

THIS WELL MAINTAINED 3-unit MULTI FAMILY WITH OVER SIZED UNITS HAS BEEN IN THE FAMILY FOR MANY YEARS & IS LOCATED NEARBY CLARK UNIVERSITY CAMPUS WHICH FALLS WITHIN PERIMITTER OF THE CLARK UNIVERSITY PROGRAM FOR OWNERS TO SEND THEIR KIDS TO CLARK FOR FREE TUITION IF THEY OWN & LIVE IN THE DESIGNATED AREAS. EACH UNIT IS APPROXIMATELY 1,600 SF, WHICH CONSISTS OF 3-4BEDROOMS, ONE BATHEROOM, A SPACIOUS KITCHEN, & LIVING AREA. THE BUILDING INCLUDES, SEPARATELY METERED ELECTRIC UNITS *** HEAT & WATER HEATERS ARE ALL SEPARATE FOR EACH UNIT****AMPLE OFF STREET PARKING****REPLACEMENT WINDOWS WITHIN 10 YEARS PERIOD some lost their seal****

Last Listed By

Joy Rapsomanikis

HJRealty Group, LLC Listed on: 10/11/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,082

Year Built

  • Built in 1895

Lot Details

  • 6,421 Sq Ft Lot
  • Level Lot

Home Design

  • 6,622 Sq Ft Home
  • Stone Foundation

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room

Unfinished Basement

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

Parking

  • 8 Car Parking Spaces
  • Driveway
  • Open Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 3 Heating Zones
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $7,200
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 1768236

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Building Details

  • Net Operating Income $86,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,082

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1895
  • Buyer Agency: 2
  • Dual Variable: Yes
  • Transaction Broker: 2
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Carpet,Hardwood, Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 2(Pantry), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range), Unit 3(Range)
  • Total Bedrooms: 12
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Unit 1 Laundry Room
  • Basement: Full, Interior Entry, Unfinished
  • Living Area: 6622
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AC0355
  • LIST PRICE PER Sq Ft: 109.48
  • PRICE PER Sq Ft: 106.46
  • MAIN SO: AN5186

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Gas), Unit 3(Gas)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Laundromat, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1768236
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6421
  • Lot Size Units: Acres
  • PAGE: 256
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8082
  • Tax Book Number: 68192

Multi Family

  • Gross Income: 86400
  • Net Operating Income: 86400
  • Number Of Units Total: 3
  • Total Actual Rent: 7200
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2024
Sold by
Desai Rishikesh and Dabholkar Ganesh
Bought by
Ekdant 7West Rlty Soln Ll
Total Days on Market
22
Current Estimated Value
$757,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$555,000
Outstanding Balance
$552,553
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$205,298

Purchase Details

Listed on
Oct 11, 2023
Closed on
Jan 5, 2024
Sold by
Desai Rishikesh and Dabholkar Ganesh
Bought by
Ekdant 7West Rlty Soln Ll
Seller's Agent
Joy Rapsomanikis
HJRealty Group, LLC
Buyer's Agent
Dariusz Zywina
Red Spade Realty LLC
List Price
$725,000
Sold Price
$705,000
Premium/Discount to List
-$20,000
-2.76%
Views
33

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.59%
Original Mortgage
$528,700
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 1990
Sold by
Lam Binh B
Bought by
Lam Ngoc B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
10.39%
Mortgage Type
Purchase Money Mortgage

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
Ekdant 7West Rlty Soln Ll -- None Available
Desai Rishikesh -- None Available
Desai Rishikesh -- None Available
Ekdant 7West Rlty Soln Ll -- None Available
Ekdant 7West Rlty Soln Ll -- None Available
Ekdant 7West Rlty Soln Ll -- None Available
Lam Ngoc B $45,000 --
Lam Ngoc B $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dabholkar Ganesh $555,000
Previous Owner Desai Rishikesh $528,700
Previous Owner Dang Kevin X $390,000
Previous Owner Lam Ngoc B $109,800
Previous Owner Lam Lan $140,000
Previous Owner Lam Ngoc B $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2024 01/05/24 Sold $705,000 -2.8% $106 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $725,000 -- $109 / 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 $9,164 $694,800 $92,900 $601,900
2024 $8,430 $613,100 $92,900 $520,200
2023 $8,082 $563,600 $80,800 $482,800
2022 $7,032 $462,300 $64,600 $397,700
2021 $6,551 $402,400 $51,700 $350,700
2020 $6,037 $355,100 $51,300 $303,800
2019 $5,350 $297,200 $44,800 $252,400
2018 $5,221 $276,100 $44,800 $231,300
2017 $4,888 $254,300 $44,800 $209,500
2016 $4,676 $226,900 $32,400 $194,500
2015 $4,554 $226,900 $32,400 $194,500
2014 $4,434 $226,900 $32,400 $194,500
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73168778

MLS Property Information Network (MLS PIN)

APN: WORC-000006-000040-000036