NOT LISTED FOR SALE

Estimated Value: $764,000 - $1,078,000

5 Beds
4 Baths
2,743 Sq Ft
$315/Sq Ft Est. Value

Last Sold May 22, 2015

Last sale price $405,250 $148 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $5,272/month

107 Days on Market

Highlights

  • Marina
  • Spa
  • Deck
  • Medical Services
  • Waterfront
  • 5-minute walk to L Street Field

About This Home

As of May 2015

Beautifully updated 2 family home in pristine condition and steps to the best part of the beach! This period home has original woodwork, hardwood floors, fireplaced living room, gorgeous wood stairwell and front door, moldings and built-ins. Main house has newer kitchen and master bath with Jacuzzi and surround sound. Office space off the master. Plenty of closets! Legal apartment has 2 bedrooms, 2 baths with Jacuzzi and nice kitchen. Newer Roof. Tenant currently in smaller unit...will be leaving end of Feb.. Larger unit empty and ready for immediate occupancy. This is a terrific investment property or has an ideal floor plan for owner-occupancy. Really nice property.

Last Agent to Sell the Property

Gail Petersen Bell

Compass Listed on: 12/26/2014

Compass

Last Buyer's Agent

Gail Petersen Bell

Compass Listed on: 12/26/2014

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,406

Year Built

  • Built in 1920

Lot Details

  • 4,792 Sq Ft Lot
  • Waterfront
  • Corner Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,743 Sq Ft Home
  • Property has 2 Levels
  • Wood Burning Fireplace
  • Washer

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Basement

  • Walk-Out Basement
  • Partial Basement
  • Interior Basement Entry

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Spa
  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Lillian Jacobs Elementary School
  • Memorial Middle School
  • Hull High School

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating Available
  • 220 Volts
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,200
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:00017 P:00144,1042896

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina

Building Details

  • Insurance Expense $3,800
  • Water Sewer Expense $1,975
  • Operating Expense $11,554
  • Net Operating Income $19,646

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,406

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Buyer Agency: 2.25
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors)
  • Interior Amenities: Unit 1(Crown Molding,Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace Features: Unit 1(Fireplace - Wood burning)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer), Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Partial, Walk-Out Access, Interior Entry
  • Living Area: 2743
  • Spa Features: Unit 1 Jacuzzi/Whirlpool Soaking Tub, Unit 2 Jacuzzi/Whirlpool Soaking Tub
  • Spa YN: Yes
  • Stories Total: 3
  • MAIN LO: A95424
  • LIST PRICE PER Sq Ft: 145.46
  • PRICE PER Sq Ft: 147.74
  • MAIN SO: A95424

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch, Deck, Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas)
  • Cooling Y N: No
  • Electric: 220 Volts, Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, House of Worship, Marina, Public School, Other
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1975

Lot Info

  • Parcel Number: M:00017 P:00144,1042896
  • Zoning: SFA
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • LOT SIZE: 5000
  • PAGE: 19

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 5406
  • Tax Book Number: 40260

Multi Family

  • Gross Income: 31200
  • Insurance Expense: 3800
  • Net Operating Income: 19646
  • Number Of Units Total: 2
  • Operating Expense: 11554
  • Total Actual Rent: 3200
  • LEVELS 1: 2
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Hull High
  • Elementary School: Lillian Jacobs
  • Middle Or Junior School: Memorial Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2014
Closed on
May 22, 2015
Sold by
Chambers Carlton A and Perkins Reuben
Bought by
Perkins Rueben
Seller's Agent
Gail Petersen Bell
Compass
Buyer's Agent
Gail Petersen Bell
Compass
List Price
$419,000
Sold Price
$405,250
Premium/Discount to List
-$13,750
-3.28%
Current Estimated Value
$864,920

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,670
Avg. Annual Appreciation
6.27%
Original Mortgage
$395,700
Outstanding Balance
$309,856
Interest Rate
3.66%
Mortgage Type
FHA
Estimated Equity
$445,201

Purchase Details

Closed on
Aug 26, 2011
Sold by
Fnma
Bought by
Chambers Carlton A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2010
Sold by
Dasilva Roberto Q and Jp Morgan Chase Bk
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 23, 2003
Sold by
Dasilva Michele S Schul and Dasilva Michele S
Bought by
Dasilva Roberto Q

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 13, 2002
Sold by
Ford Paul C
Bought by
Dasilva Roberto Q and Dasilva M S
Source: Public Records

Range of Values:

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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
Perkins Rueben $405,250 --
Chambers Carlton A $265,000 --
Federal National Mortgage Association $324,181 --
Dasilva Roberto Q -- --
Dasilva Roberto Q $417,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perkins Reuben S $32,002
Open Perkins Rueben $395,700
Previous Owner Chambers Carlton A $60,000
Previous Owner Chambers Carlton A $212,000
Previous Owner Ford Christopher C $97,800
Previous Owner Ford Christopher C $336,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2015 05/22/15 Sold $405,250 -3.3% $148 / Sq Ft
04/22/2015 04/22/15 Pending -- -- --
12/26/2014 12/26/14 For Sale $419,000 -- $153 / 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 $6,709 $599,000 $338,000 $261,000
2024 $6,347 $544,800 $312,000 $232,800
2023 $5,800 $476,600 $260,000 $216,600
2022 $5,615 $447,800 $247,000 $200,800
2021 $5,865 $462,500 $247,000 $215,500
2020 $5,766 $449,800 $247,000 $202,800
2019 $5,434 $416,400 $221,000 $195,400
2018 $33,996 $401,700 $221,000 $180,700
2017 $5,511 $401,700 $221,000 $180,700
2016 $5,415 $401,700 $221,000 $180,700
2015 $5,406 $387,800 $195,000 $192,800
2014 -- $387,800 $195,000 $192,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71778858

MLS Property Information Network (MLS PIN)

APN: HULL-000017-000000-000144