NOT LISTED FOR SALE

Estimated Value: $566,000 - $616,000

6 Beds
4 Baths
2,288 Sq Ft
$263/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $495,000 $216 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,853/month

6 Days on Market

About This Home

As of October 2021

Somerset- This is the Two Family you always wanted. Rebuilt in 1994. This home has two town house units. The owners apartment has 6 rooms 3 bedrooms 1.5 baths. Applianced kitchen the dining area has sliders to a patio. The rental unit has 7 rooms 3 bedrooms, 1.5 baths, Open an airy kitchen with waterviews from the dining room. nicely sized living room. Finished lower level with family room. Central A/C in owners unit and the second floor of the other apartment. Vinyl sided. The roof is around 7 years old. Very close to Pierce Beach. Off street parking. Shed. Please read offer submission instructions.

Last Agent to Sell the Property

Christopher Migneault

Migneault REALTORS® Listed on: 07/29/2021

Last Buyer's Agent

joanne fatahi

Universal Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,823

Year Built

  • 1994

Lot Details

  • 7,405

Interior Spaces

  • Property has 2 Levels

Utilities

  • 2 Cooling Zones
  • 2 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,823

Year Built

1994

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Please use Mapquest
  • Garage Yn: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1994

Interior Features

  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer
  • Has Basement: Full, Partially Finished, Concrete
  • Total Bathrooms: 3
  • MAIN LO: FR0050
  • LIST PRICE PER Sq Ft: 181.38
  • PRICE PER Sq Ft: 216.35
  • MAIN SO: NB2983
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Vinyl,Carpet,Varies Per Unit
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Family Room)
  • Stories: 5

Exterior Features

  • Roof: Shingle
  • Foundation Details: Concrete Perimeter
  • Construction Type: Frame
  • Disclosures: Subject To First Right Of Refusal By An Interested Party
  • Lot Features: Corner Lot
  • Patio And Porch Features: Patio
  • Waterfront Features: Beach Front, River, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Paved Drive, Off Street
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Cooling: Unit 1(Central Air), Unit 2(Central Air,Other (See Remarks))
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas)
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 2
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Dryer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Unit 2(Water)

Schools

  • Elementary School: North
  • High School: Sbrhs
  • Middle Or Junior School: Somerset Middle

Lot Info

  • LOT SIZE: 7405
  • PAGE: 185
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 7405.2
  • Zoning: R2

Multi Family

  • LEVELS 1: 2
  • COOLING UNITS: 2
  • LEVELS 2: 3
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1
  • Annual Gross Income: 12000
  • Property Net Operating Income: 12000
  • Number Of Units Total: 2
  • Total Actual Rent: 1000

Tax Info

  • Tax Annual Amount: 5201
  • Tax Book Number: 2888
  • Tax Lot: 132
  • Tax Map Number: D2
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Oct 15, 2021
Sold by
Gasper Norbert S
Bought by
Issa Kinan
Seller's Agent
Christopher Migneault
Migneault REALTORS®
Buyer's Agent
joanne fatahi
Universal Realty
List Price
$415,000
Sold Price
$495,000
Premium/Discount to List
$80,000
19.28%
Current Estimated Value
$602,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,732
Avg. Annual Appreciation
4.44%
Original Mortgage
$396,000
Outstanding Balance
$363,458
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$221,851

Purchase Details

Closed on
Nov 29, 1994
Sold by
Rs Demelo Constr Co Ic
Bought by
Gaspar N0rbert S and Gaspar Julianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,600
Interest Rate
8.91%
Mortgage Type
Purchase Money Mortgage
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
Issa Kinan $495,000 None Available
Gaspar N0rbert S $147,000 --
Gaspar N0rbert S $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Issa Kinan $125,000
Open Issa Kinan $396,000
Closed Issa Kinan $396,000
Previous Owner Gaspar Norbert S $100,000
Previous Owner Gaspar N0rbert S $130,000
Previous Owner Gaspar N0rbert S $139,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2021 10/15/21 Sold $495,000 +19.3% $216 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $415,000 -- $181 / 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 $6,823 $513,000 $177,100 $335,900
2024 $6,128 $479,100 $177,100 $302,000
2023 $5,359 $422,600 $153,800 $268,800
2022 $5,158 $388,100 $132,400 $255,700
2021 $5,201 $354,300 $119,400 $234,900
2020 $5,193 $341,200 $119,700 $221,500
2019 $5,818 $318,800 $119,700 $199,100
2018 $4,694 $301,100 $113,600 $187,500
2017 $4,976 $286,000 $108,300 $177,700
2016 $5,008 $286,000 $108,300 $177,700
2015 $4,589 $264,500 $103,500 $161,000
2014 $6,356 $263,200 $100,500 $162,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72873417

MLS Property Information Network (MLS PIN)

APN: SOME-000002D-000000-000132