NOT LISTED FOR SALE

Estimated Value: $1,093,000 - $1,334,000

7 Beds
5 Baths
4,050 Sq Ft
$296/Sq Ft Est. Value

Last Sold May 12, 2015

Last sale price $660,000 $163 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $7,833/month

257 Days on Market

Highlights

  • Beach Access
  • Attic
  • Wood Siding
  • Deck
  • 1 Car Garage

About This Home

As of May 2015

Attention all investors fantastic opportunity available for the 1st time in 50 years. Unique opportunity for 2 multi family homes in R-5 zone that can be sold as a package or individually. Each home is meticulously maintained and well cared for over the years. Also includes 3 detached garages w/ 200 amp service and all the utilities have been upgraded as well.

Last Agent to Sell the Property

Peter Rosato

Coldwell Banker Realty License #REB.0755017 Listed on: 07/11/2014

Coldwell Banker Realty

Last Buyer's Agent

Nelly Patric Navarrete

Keller Williams Prestige Prop. License #RES.0780417

Keller Williams Prestige Prop.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,885

Year Built

  • Built in 1967

Lot Details

  • 0.27 Acre Lot
  • Sloped Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Clap Board Siding

Interior Spaces

  • 4,050 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Parking

  • 1 Car Garage
  • Parking Deck
  • Parking Lot

Outdoor Features

  • Beach Access
  • Deck

Schools

  • K.T. Murphy Elementary School
  • Turn Of River Middle School
  • Westhill High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Heating System Uses Oil

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,885

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Neighborhood: Cove
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Sq Ft Est Heated Above Grade: 4050
  • Public Record Living Room Sq Ft: 4050
  • Total Sq Ft: 4050
  • Year Built: 1967
  • Remarks Public Addendum: Subject to Probate Court Approval
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Public Record Gross Sq Ft: 5874
  • Directions: Seaside Ave & Bungalow Park
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Basement Description: Fully Finished, Full
  • Attic: Yes
  • Street Number Modifier: 89

Exterior Features

  • Exterior Features: Deck
  • Exterior Siding: Clapboard, Wood
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights, Seasonal
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Attached Garage, Detached Garage, Parking Lot
  • Garages Number: 1

Utilities

  • Cooling System: Window Unit
  • Heat Fuel Type: Natural Gas, Oil
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: K.T. Murphy
  • Middle School: Turn of River
  • High School: Westhill

Lot Info

  • Acres: 0.2700
  • Lot Description: Sloping Lot, Fence - Partial
  • Zoning: R5

Multi Family

  • Unit Count: 4
  • Total Multi Family: 15
  • Total Num Of Units: 4
  • Total Unit Count: 4

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 9885
  • Total Assessed Value: 398750
  • Mil Rate Total: 24.040
  • Assessor Parcel Number: 314289

MLS Schools

  • Elementary School: K.T. Murphy
  • Middle Jr High School: Turn of River
  • High School: Westhill

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2014
Closed on
May 13, 2015
Sold by
Boccuzzi Pasquale
Bought by
Defino Paul S
Seller's Agent
Peter Rosato
Coldwell Banker Realty
Buyer's Agent
Nelly Patric Navarrete
Keller Williams Prestige Prop.
List Price
$750,000
Sold Price
$660,000
Premium/Discount to List
-$90,000
-12%
Current Estimated Value
$1,199,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$539,392
Avg. Annual Appreciation
5.51%
Original Mortgage
$604,395
Outstanding Balance
$468,453
Interest Rate
3.69%
Mortgage Type
FHA
Estimated Equity
$680,306
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
Defino Paul S $660,000 --
Defino Paul S $660,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Defino Paul S $604,395
Closed Defino Paul S $604,395
Previous Owner Baccuzzi Pasquale $100,000
Previous Owner Baccuzzi Pasquale $359,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2015 05/12/15 Sold $660,000 -12.0% $163 / Sq Ft
04/12/2015 04/12/15 Pending -- -- --
07/11/2014 07/11/14 For Sale $750,000 -- $185 / 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 $16,177 $676,280 $270,980 $405,300
2024 $15,798 $676,280 $270,980 $405,300
2023 $17,069 $676,280 $270,980 $405,300
2022 $13,801 $507,950 $196,370 $311,580
2021 $13,684 $507,950 $196,370 $311,580
2020 $13,384 $507,950 $196,370 $311,580
2019 $13,384 $507,950 $196,370 $311,580
2018 $12,968 $507,950 $196,370 $311,580
2017 $10,722 $398,750 $160,980 $237,770
2016 $10,415 $398,750 $160,980 $237,770
2015 $10,140 $398,750 $160,980 $237,770
2014 $9,885 $398,750 $160,980 $237,770
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: 99072878

SmartMLS

APN: STAM-000000-000000-001878