NOT LISTED FOR SALE

Estimated Value: $1,053,919 - $1,124,000

8 Beds
3 Baths
2,787 Sq Ft
$388/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $1,011,000 $363 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,939/month

4 Days on Market

Highlights

  • Granite Flooring
  • Heating Available
  • 4-minute walk to Avalon Beach
  • Porch

About This Home

As of May 2022

This recently renovated 3-family is perfect for an investor or owner-occupant. All units have newer kitchens and bathrooms as well as refinished floors. All units are currently occupied and tenants are on leases and would like to stay. Unit 1: 12/31/22, Unit 2: 11/30/22 unit 3: 5/31/22. Located close to 3A, and with a bus stop at the end of the street, it's a perfect location for commuters. The quiet residential side street has minimal traffic but is still close to shopping and restaurants. Units 1 and 2 have front porches. There is off-street parking and shared coin-op laundry in the basement.

Last Listed By

Amy Slate

Real Broker MA, LLC Listed on: 03/24/2022

Real Broker MA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,458

Year Built

  • Built in 1910

Lot Details

  • 3,049

Interior Spaces

  • 2,787 Sq Ft Home
  • Granite Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Open Parking

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating Available

Additional Features

  • Porch
  • 3,049 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $6,000
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:2068 B:21 L:2,179147

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Electric Expense $605
  • Water Sewer Expense $647
  • Operating Expense $2,319
  • Net Operating Income $72,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,458

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1910
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 2787
  • Stories Total: 6
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 351.27
  • PRICE PER Sq Ft: 362.76
  • MAIN SO: A50901

Exterior Features

  • Foundation Details: Granite
  • Patio And Porch Features: Porch
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Oil), Unit 2(Gas), Unit 3(Gas)
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Fee Information

  • Water Sewer Expenses: 647

Lot Info

  • Parcel Number: M:2068 B:21 L:2,179147
  • Zoning: BUSB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • LOT SIZE: 3243
  • PAGE: 551

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8458
  • Tax Book Number: 36193

Multi Family

  • Electric Expense: 605
  • Gross Income: 72000
  • Net Operating Income: 72000
  • Number Of Units Total: 3
  • Operating Expense: 2319
  • Total Actual Rent: 6000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2018
Closed on
Aug 2, 2018
Sold by
71 Cleverly Court Rt
Bought by
Gonzalez Sebastian B
Seller's Agent
Ken Huang
Central Real Estate
Buyer's Agent
Resco Homes
Gibson Sotheby's International Realty
List Price
$709,900
Sold Price
$685,000
Premium/Discount to List
-$24,900
-3.51%
Total Days on Market
4
Current Estimated Value
$1,081,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,230
Avg. Annual Appreciation
6.99%

Purchase Details

Closed on
Dec 15, 2016
Sold by
Huang James and Mai Yuan L
Bought by
71 Cleverly Court Rt

Purchase Details

Listed on
Jun 17, 2016
Closed on
Sep 1, 2016
Sold by
Jts Cleverly Court Inc
Bought by
Huang James and Mai Yuan L
Seller's Agent
Christine Stonis
Stone-River Realty
Buyer's Agent
Annie Huang
Central Real Estate
List Price
$649,000
Sold Price
$600,000
Premium/Discount to List
-$49,000
-7.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%
Original Mortgage
$450,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2005
Sold by
Cleverly Court T
Bought by
Jts Cleverly Court Inc

Purchase Details

Closed on
Mar 1, 2001
Sold by
Bates Ft
Bought by
Cleverly Ct T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 1992
Sold by
Community Finance Co
Bought by
Bates Ft

Purchase Details

Closed on
Aug 17, 1989
Sold by
Brennan Donald C
Bought by
Brennan Donald C

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
9.93%
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
Gonzalez Sebastian B $685,000 --
71 Cleverly Court Rt -- --
Huang James $600,000 --
Jts Cleverly Court Inc $380,000 --
Cleverly Ct T $150,000 --
Bates Ft $105,000 --
Brennan Donald C $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nym Realty Llc $400,000
Previous Owner Huang James $450,000
Previous Owner Peters Patricia M $195,000
Previous Owner Brennan Donald C $130,000
Previous Owner Brennan Donald C $130,000
Previous Owner Brennan Donald C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $1,011,000 +3.3% $363 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $979,000 +42.9% $351 / Sq Ft
08/02/2018 08/02/18 Sold $685,000 -3.5% $246 / Sq Ft
06/14/2018 06/14/18 Pending -- -- --
06/08/2018 06/08/18 For Sale $709,900 +18.3% $255 / Sq Ft
09/01/2016 09/01/16 Sold $600,000 -7.6% $214 / Sq Ft
08/27/2016 08/27/16 Pending -- -- --
08/19/2016 08/19/16 Price Changed $649,000 0.0% $232 / Sq Ft
08/19/2016 08/19/16 For Sale $649,000 +8.3% $232 / Sq Ft
06/22/2016 06/22/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $599,000 -- $214 / 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 $11,336 $983,200 $242,500 $740,700
2024 $10,422 $924,800 $231,000 $693,800
2023 $8,494 $763,200 $210,000 $553,200
2022 $8,458 $706,000 $190,900 $515,100
2021 $8,186 $674,300 $190,900 $483,400
2020 $8,021 $645,300 $180,100 $465,200
2019 $7,231 $576,200 $166,800 $409,400
2018 $7,128 $534,300 $151,600 $382,700
2017 $7,265 $512,700 $144,400 $368,300
2016 $6,518 $453,900 $131,200 $322,700
2015 $6,123 $419,400 $123,800 $295,600
2014 $5,564 $374,400 $123,800 $250,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72956816

MLS Property Information Network (MLS PIN)

APN: QUIN-002068-000021-000002