NOT LISTED FOR SALE

Estimated Value: $417,126

10 Beds
3 Baths
6,575 Sq Ft
$63/Sq Ft Est. Value

Last Sold December 05, 2018

Last sale price $235,000 $36 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,068/month

42 Days on Market

Highlights

  • Attic
  • No HOA
  • Baseboard Heating
  • Corner Lot

About This Home

As of December 2018

Very unique, large corner property located close to East Main Street's shopping and restaurants! Corner unit is a grocery store with tenant desiring to stay. There are 2 separate entrances for the residential units. All large apartments with additional rooms in the third level. Potential to create additional apartments. Large room sizes. Excellent investment opportunity awaits. Great proximity to Steele Pointe Redevelopment, I-95 and Stratford town line.

Last Listed By

Sal Spadaccino

Gower-Spadaccino Asset Management, LLC License #REB.0754529 Listed on: 09/07/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,384

Year Built

  • Built in 1903

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot
  • Level Lot

Home Design

  • 6,575 Sq Ft Home
  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 3 Full Bathrooms

Attic

  • Storage In Attic
  • Partially Finished Attic

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Exterior Lighting

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,384

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Neighborhood: East Side
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Sq Ft Est Heated Above Grade: 6575
  • Public Record Living Room Sq Ft: 6575
  • Total Sq Ft: 6575
  • Year Built: 1903
  • Property Sub Type: 4 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: Unknown
  • Radon Mitigation Water Ynu: Unknown
  • Public Record Gross Sq Ft: 9738
  • Directions: Boston Avenue to Noble
  • Special Features: None

Interior Features

  • Total Bedrooms: 10
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Attic Description: Partially Finished, Storage Space
  • Basement Description: Full, Unfinished, Interior Access
  • Attic: Yes
  • Street Number Modifier: 818

Exterior Features

  • Exterior Features: Lighting
  • Exterior Siding: Vinyl Siding
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Off Street Parking, Parking Lot

Utilities

  • Heat Type: Baseboard
  • Heat Fuel Type: Electric, Natural Gas, Oil
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Electric, Natural Gas
  • 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
  • Intermediate School: Per Board of Ed

Lot Info

  • Acres: 0.1400
  • Lot Description: Corner Lot, Level Lot
  • Zoning: res/ci

Multi Family

  • Unit Count: 4
  • Total Multi Family: 17
  • Total Num Of Units: 4

Tax Info

  • Tax Year: July 2018-June 2019
  • Property Tax: 10384
  • Total Assessed Value: 190980
  • Mil Rate Base: 54.370
  • Mil Rate Total: 54.370
  • Assessor Parcel Number: 24034

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

Closed on
Feb 24, 2017
Sold by
Rahaman Salim
Bought by
Bank Of America Na
Total Days on Market
42
Current Estimated Value
$417,126

Purchase Details

Closed on
Dec 3, 2003
Sold by
Citiwide Properties Ll
Bought by
Rahaman Salim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,447
Interest Rate
6.03%
Mortgage Type
Commercial

Purchase Details

Closed on
May 7, 2002
Sold by
Gordils Melvin
Bought by
Citywide Prop Llc

Purchase Details

Closed on
Jun 28, 2001
Sold by
Nieves Hector
Bought by
Gordlis Melvin

Range of Values:

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Average Value
Not Available
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
Bank Of America Na -- --
Bank Of America Na -- --
Rahaman Salim $252,500 --
Rahaman Salim $252,500 --
Citywide Prop Llc $135,000 --
Citywide Prop Llc $135,000 --
Gordlis Melvin $45,000 --
Gordlis Melvin $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gordlis Melvin $145,000
Previous Owner Gordlis Melvin $243,447
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2018 12/05/18 Sold $235,000 +62.2% $36 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
10/05/2018 10/05/18 For Sale $144,900 0.0% $22 / Sq Ft
10/04/2018 10/04/18 Price Changed $144,900 -4.7% $22 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
09/07/2018 09/07/18 For Sale $152,000 -- $23 / 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
2024 $8,794 $202,400 $88,360 $114,040
2023 $8,794 $202,400 $88,360 $114,040
2022 $8,794 $202,400 $88,360 $114,040
2021 $8,794 $202,400 $88,360 $114,040
2020 $10,311 $190,980 $50,660 $140,320
2019 $10,311 $190,980 $50,660 $140,320
2018 $10,384 $190,980 $50,660 $140,320
2017 $10,384 $190,980 $50,660 $140,320
2016 $10,384 $190,980 $50,660 $140,320
2015 $9,065 $214,820 $57,890 $156,930
2014 $9,065 $214,820 $57,890 $156,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 170122687

SmartMLS

APN: BRID-001613-000004