NOT LISTED FOR SALE

Estimated Value: $721,000 - $893,178

4 Beds
2.5 Baths
2,076 Sq Ft
$374/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $450,000 $217 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $4,697/month

118 Days on Market

Highlights

  • Water Views
  • Formal Dining Room
  • Tandem Parking
  • Property is near public transit
  • 5 Car Detached Garage
  • Baseboard Heating

About This Home

As of June 2020

Accepted Offer as of 2/3/2020. This is your chance to have it all on City Island, waterview and a 2 family on a large 50 x 100 property. Beautiful location, next to yacht club and the 2nd house from the water with beach at the end of the street. Every room has a view! Estate sale that needs updating. Home is a duplex with 2 bedrooms upstairs. Main floor has large living room and dining with galley kitchen and small office with gorgeous views. House is well elevated from waterline which can reduce or eliminate the need for flood insurance. LARGE wrap around deck on main floor and small deck from the master bedroom. The apartment is a large 2 bedroom that has sunny picture windows in living rm and bedroom, dining and large kitchen. Large 2 car garage with storage and an additional 400sf storage shed. This house PREDATES CO requirement, built in 1925 and did not have flood insurance due to its elevation. Additional Information: Amenities:Storage,ParkingFeatures:2 Car Detached,

Last Agent to Sell the Property

Janie Blanks

eXp Realty License #10301211295 Listed on: 11/09/2019

eXp Realty

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,823

Year Built

  • Built in 1925

Lot Details

  • 5,001

Home Design

  • Duplex
  • Tri-Level Property
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • Formal Dining Room
  • Water Views
  • Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 5 Car Detached Garage
  • Tandem Parking
  • Driveway

Schools

  • Contact Agent Elementary And Middle School
  • Contact Agent High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Gas Water Heater

Additional Features

  • 5,001 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 05626-0080

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,823

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Property Condition: Estimated
  • Levels: Tri-Level
  • Year Built: 1925
  • ResoBuildingAreaSource: PublicRecords
  • CurrentPrice: 450000.00
  • ListPrice_By_OriginalListPrice: 0.93220
  • ListPrice_By_LotSizeAcres: 4790940.7666
  • CurrentPrice_By_BuildingAreaTotal: 216.76301
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Interior Amenities: Formal Dining
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Finished, Partially Finished, Walk-Out Access
  • Total Bedrooms: 4
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Frame, Vinyl Siding
  • View: Water
  • Waterfront: No

Garage/Parking

  • Total Parking Spaces: 5
  • Parking Description: Detached, Driveway, Tandem

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard, Natural Gas, Radiant
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Middle School: Contact Agent

Lot Info

  • Lot Size Acres: 0.1148
  • Lot Size Sq Ft: 5001
  • Lot Features: Near Public Transit, Views
  • Parcel Number: 05626-0080
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 6823
  • Tax Year: 2019

MLS Schools

  • Elementary School: Contact Agent
  • High School: Contact Agent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2019
Closed on
Jun 12, 2020
Sold by
Bave Trustee Patricia A
Bought by
Mazzella Karen C and Mazzella Paul
Seller's Agent
Janie Blanks
eXp Realty
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$590,000
Sold Price
$450,000
Premium/Discount to List
-$140,000
-23.73%
Current Estimated Value
$771,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,492
Avg. Annual Appreciation
10.30%
Original Mortgage
$382,500
Outstanding Balance
$339,057
Interest Rate
3.2%
Mortgage Type
Unknown
Estimated Equity
$436,488

Purchase Details

Closed on
Mar 28, 2012
Sold by
Otto Ingelind
Bought by
Ingelind Otto Revocable Trust U/A Dtd 0 and Ingelind Otto, Trustee
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
Mazzella Karen C $450,000 --
Ingelind Otto Revocable Trust U/A Dtd 0 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mazzella Karen C $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2024 12/11/24 Off Market $450,000 -- --
06/12/2020 06/12/20 Sold $450,000 -18.2% $217 / Sq Ft
03/06/2020 03/06/20 Pending -- -- --
02/01/2020 02/01/20 Price Changed $550,000 -6.8% $265 / Sq Ft
11/09/2019 11/09/19 For Sale $590,000 -- $284 / Sq Ft
Source: OneKey® MLS

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 $7,861 $41,485 $11,439 $30,046
2024 $7,861 $39,139 $10,291 $28,848
2023 $7,499 $36,924 $11,226 $25,698
2022 $6,954 $50,700 $14,940 $35,760
2021 $7,331 $41,160 $14,940 $26,220
2020 $7,318 $40,620 $14,940 $25,680
2019 $6,164 $39,240 $14,940 $24,300
2018 $5,613 $30,770 $13,609 $17,161
2017 $5,237 $29,030 $12,463 $16,567
2016 $3,441 $29,030 $12,862 $16,168
2015 $1,873 $28,809 $15,114 $13,695
2014 $1,873 $27,180 $13,639 $13,541
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H5119055

OneKey® MLS

APN: 05626-0080