NOT LISTED FOR SALE

Estimated Value: $767,000 - $1,249,000

7 Beds
4 Baths
4,258 Sq Ft
$234/Sq Ft Est. Value

Last Sold October 01, 2020

Last sale price $675,000 $159 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,123/month

96 Days on Market

Highlights

  • Beach Front
  • No HOA
  • Awning
  • Deck
  • Patio
  • Property is near a bus stop

About This Home

As of October 2020

UNIQUE OPPORTUNITY TO OWN A DIRECT WATERFRONT MULTIFAMILY HOME! Located in the highly sought after Morris Cove area, enjoy unobstructed ocean views from both unit levels and the most incredible summer sunsets! Ideal for rental/investment opportunities or optional with a separate in-law apartment. The grassy level lot with built-in sprinkler system is ideal for hosting and entertaining while a private stair leads you straight down to the beach! An outdoor full bathroom is perfect for freshening up after a day in the sand or out on the ocean!
Main level unit features 3 bedrooms, 2 full bathrooms, full eat-in kitchen, spacious living and same level laundry. The second unit is both the 2nd and 3rd floor which includes 3 bedrooms, 2 full baths with Jacuzzi tubs, laundry, and a stunning renovated kitchen with Carrara marble back splash, quartzite counters, and stainless steel appliances. Enjoy sprawling seaside views and bobbing sailboats through expansive glass sliders and step out onto a large deck inclusive of an automatic awning. A separate master suite on the 3rd floor features large pool-like spa, walk in closet & and ample space for “work-at-home” opportunities. Large driveway for off street parking, gas heat, central air, and a new roof. Enjoyed by the same owner since it was built, it’s a year round vacation home waiting for you! Ask about the exciting beach improvements planned for Fall 2020! Co-Agent related to Owner.

Last Agent to Sell the Property

Drew Peterson

Coldwell Banker Realty License #REB.0758835 Listed on: 06/11/2020

Coldwell Banker Realty

Co-Listed By

Emilia Ferri

Coldwell Banker Realty License #RES.0795054

Last Buyer's Agent

Dawn Ciappetta

William Raveis Real Estate License #REB.0119780

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,853

Year Built

  • Built in 1990

Lot Details

  • 7,405 Sq Ft Lot
  • Beach Front
  • Stone Wall
  • Level Lot
  • Sprinkler System

Home Design

  • Concrete Foundation
  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 4,258 Sq Ft Home
  • Awning
  • Water Views

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Basement

  • Basement Hatchway
  • Shared Basement
  • Basement Storage

Parking

  • Parking Deck
  • Private Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Location

  • Flood Zone Lot
  • Property is near a bus stop

Utilities

  • Central Air
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • 60+ Gallon Tank

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,853

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Neighborhood: Morris Cove
  • Property Type: Multi-Family For Sale
  • Style: Units on different Floors
  • Sq Ft Est Heated Above Grade: 4258
  • Public Record Living Room Sq Ft: 4258
  • Total Sq Ft: 4258
  • Year Built: 1990
  • Nearby Amenities: Health Club, Library, Medical Facilities, Park, Playground/Tot Lot, Walk to Bus Lines
  • Remarks Public Addendum: javascript:__doPostBack('m_lbSubmit','')
  • Property Sub Type: 2 Family
  • Direct Waterfront: Yes
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 6657
  • Tax Year Updated Dt: 07/13/2020
  • Directions: EXIT 50 I-95 at second light to TOWNSEND GO TO END TILL WATERVIEW AFTER PARK.
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Description: Shared Basement, Hatchway Access, Storage
  • Laundry Room Info: All Units Have Hook-Ups
  • Attic: No
  • Street Number Modifier: 78

Exterior Features

  • Exterior Features: Awnings, Deck, Patio, Sidewalk, Stone Wall, Underground Sprinkler
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete, Stone
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Direct Waterfront, Ocean Frontage, Access, Beach
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Paved, Driveway, Off Street Parking
  • Driveway Type: Private, Paved, Asphalt

Utilities

  • Cooling System: Central Air
  • Heat Type: Gas on Gas
  • Heat Fuel Type: Natural Gas
  • Hot Water Description: 100 Gallon Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: Per Board of Ed
  • Middle School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.1700
  • Lot Description: Water View, Level Lot
  • Elevation Certificate: Yes
  • Flood Zone: Yes
  • Zoning: RS2

Multi Family

  • Unit Count: 2
  • Total Multi Family: 11
  • Total Num Of Units: 2

Tax Info

  • Tax Year: July 2020-June 2021
  • Property Tax: 18853
  • Total Assessed Value: 429660
  • Mil Rate Base: 43.880
  • Mil Rate Total: 43.880
  • Assessor Parcel Number: 1236017

MLS Schools

  • Elementary School: Per Board of Ed
  • Middle Jr High School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2020
Closed on
Sep 30, 2020
Sold by
Fairview Ave Real Est Llc
Bought by
Ishchuk Stanislan A and Ishchuk Sarah M
Seller's Agent
Drew Peterson
Coldwell Banker Realty
Buyer's Agent
Dawn Ciappetta
William Raveis Real Estate
List Price
$689,500
Sold Price
$675,000
Premium/Discount to List
-$14,500
-2.1%
Current Estimated Value
$996,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,779
Avg. Annual Appreciation
8.33%
Original Mortgage
$536,000
Outstanding Balance
$478,893
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$517,886

Purchase Details

Closed on
Jun 14, 2012
Sold by
Ferri Emelio
Bought by
Fairview Avenue Re Llc
Source: Public Records

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
Ishchuk Stanislan A $670,000 None Available
Fairview Avenue Re Llc -- --
Fairview Avenue Re Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ishchuk Stanislan A $536,000
Previous Owner Ferri Emilio $249,000
Previous Owner Ferri Emilio $118,000
Previous Owner Ferri Emilio $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2020 10/01/20 Sold $675,000 -2.1% $159 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $689,500 -- $162 / Sq Ft
Source: SmartMLS

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 $20,304 $515,340 $210,280 $305,060
2024 $19,841 $515,340 $210,280 $305,060
2023 $19,171 $515,340 $210,280 $305,060
2022 $20,485 $515,340 $210,280 $305,060
2021 $18,853 $429,660 $136,500 $293,160
2020 $18,853 $429,660 $136,500 $293,160
2019 $18,467 $429,660 $136,500 $293,160
2018 $18,467 $429,660 $136,500 $293,160
2017 $16,619 $429,660 $136,500 $293,160
2016 $15,889 $382,410 $133,490 $248,920
2015 $15,889 $382,410 $133,490 $248,920
2014 $15,889 $382,410 $133,490 $248,920
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170302630

SmartMLS

APN: NHVN-000032-000871-000100