NOT LISTED FOR SALE

Estimated Value: $1,695,000 - $4,130,000

8 Beds
3 Baths
3,258 Sq Ft
$846/Sq Ft Est. Value

Last Sold December 01, 2020

Last sale price $1,425,000 $437 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $16,981/month

8 Days on Market

About This Home

As of December 2020

Unique opportunity to own this prime City Point location detached 3 family property with rear lot. This multi family is ready for owner occupant or prime development opportunity. Short walk to beach and Broadway. Amazing opportunity for investors or contractors.

Last Agent to Sell the Property

Shiela Trathagen

Bridgestone Properties, LLC Listed on: 09/21/2020

Last Buyer's Agent

John Federico, Jr.

Grove Property Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 3,920

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 460.41
  • Comp Based On: Net Sale Price
  • Year Built: 1912
  • Lead Paint: Unknown
  • Levels: 4
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1912

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 8
  • Total Brs: 8
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Full
  • Main Lo: BB8195
  • Main So: NB1092
  • Estimated Sq Ft: 3258.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Walk/Jog Trails, Private School, Public School

Lot Info

  • Assessments: 1009300.00
  • Acre: 0.09
  • Lot Size: 3875.00
  • Page: 999
  • Zoning: RES

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 6000
  • Total Rms: 17
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 10658.21
  • Assessor Parcel Number: 1414122
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2025
Sold by
701 East Second St Llc
Bought by
Harborside Rt and Roy
Current Estimated Value
$2,756,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,001
Outstanding Balance
$998,264
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$1,757,931

Purchase Details

Closed on
Oct 19, 2021
Sold by
67 Wheatland Llc and Jpom Investment 4 Llc
Bought by
701 East Second St Llc

Purchase Details

Listed on
Sep 21, 2020
Closed on
Nov 27, 2020
Sold by
Peabody Susan R
Bought by
Jbm Sb Venture Llc
Seller's Agent
Shiela Trathagen
Bridgestone Properties, LLC
Buyer's Agent
John Federico, Jr.
Grove Property Group
List Price
$1,500,000
Sold Price
$1,425,000
Premium/Discount to List
-$75,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.87%
Original Mortgage
$1,140,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 1992
Sold by
Murphy William D
Bought by
Fhlmc
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
Harborside Rt $4,025,000 --
Harborside Rt $4,025,000 --
701 East Second St Llc $1,950,000 None Available
701 East Second St Llc $1,950,000 None Available
67 Wheatland Llc -- None Available
67 Wheatland Llc -- None Available
Jbm Sb Venture Llc $1,425,000 None Available
Jbm Sb Venture Llc $1,425,000 None Available
Fhlmc $129,172 --
Fhlmc $129,172 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harborside Rt $1,000,001
Closed Harborside Rt $1,000,001
Previous Owner Jbm Sb Venture Llc $1,140,000
Previous Owner Fhlmc $100,000
Previous Owner Fhlmc $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2020 12/01/20 Sold $1,425,000 -5.0% $437 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $1,500,000 -- $460 / 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 $30,482 $2,632,300 $594,800 $2,037,500
2024 $27,336 $2,507,900 $399,000 $2,108,900
2023 $11,277 $1,050,000 $184,800 $865,200
2022 $10,826 $995,000 $336,000 $659,000
2021 $11,381 $1,066,600 $320,000 $746,600
2020 $10,658 $1,009,300 $327,300 $682,000
2019 $9,672 $917,600 $245,700 $671,900
2018 $9,339 $891,100 $245,700 $645,400
2017 $8,988 $848,700 $245,700 $603,000
2016 $8,335 $757,700 $245,700 $512,000
2015 $8,346 $689,200 $268,500 $420,700
2014 $7,515 $597,400 $268,500 $328,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72729746

MLS Property Information Network (MLS PIN)

APN: SBOS-000000-000006-003575