NOT LISTED FOR SALE

Estimated Value: $1,072,953

-- Bed
-- Bath
8,634 Sq Ft
$124/Sq Ft Est. Value

Last Sold September 21, 2015

Last sale price $560,000 $65 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $7,443/month

22 Days on Market

Highlights

  • Corner Lot
  • Accessible Ramps
  • Concrete Flooring
  • No HOA
  • Outdoor Storage
  • Wood Siding

About This Home

As of September 2015

This attractive 8-unit apartment property on .31 acres is an excellent investment opportunity. There are 2 buildings plus a 5-unit storage garage. The main 7 unit building is 6708 s.f. with 1 4BR apt., 2 2BR apts. and 4 1BR apts. This building recently received a brand new roof and siding. The second building is a 1926 s.f. freestanding home with 3+ bedrooms. Tenants pay all utilities which are separately metered. The property has off-street parking for 10+ cars. The property has been owned and operated by a non-profit foundation for the last 15 years. Please contact agent for more detail. Confidentiality agreement is required.

Last Listed By

Joan Veillette

Commercial Property Associates License #REB.0699805 Listed on: 07/28/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,225

Year Built

  • Built in 1900

Lot Details

  • 0.31 Acre Lot
  • Corner Lot

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 8,634 Sq Ft Home
  • 3-Story Property
  • Concrete Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 10 Parking Spaces
  • Varies By Unit
  • Driveway
  • Parking Lot
  • Off-Street Parking

Schools

  • Pboe Elementary School
  • Pboe High School

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Electric Water Heater
  • Fuel Tank Located in Basement
  • Cable TV Available

Additional Features

  • Accessible Ramps
  • Outdoor Storage

Community Details

  • No Home Owners Association
  • 8 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,225

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Total Sq Ft: 8634
  • Year Built: 1900
  • Property Sub Type: 5 Family+
  • Handicap Features: Ramps
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Whalley Avenue; South on the Boulevard; West on Elm Street. Property is at the corner of Hobart & Elm Streets.
  • Special Features: None
  • Stories: 3

Interior Features

  • Basement Description: Concrete Floor, Full With Hatchway, Unfinished
  • Interior Amenities: Cable - Available
  • Laundry Room Location: Lower Level
  • Attic: No
  • Stories Number Of: 3
  • Street Number Modifier: 911

Exterior Features

  • Exterior Features: Sidewalk, Storage Building
  • Exterior Siding: Vinyl Siding, Wood
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Off Street Parking, Parking Lot, Unit Garage
  • Driveway Type: Paved
  • Total Parking Spaces: 10

Utilities

  • Heat Type: Hot Air, Radiant
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: In Basement
  • Hot Water Description: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected
  • Sewer Usage Fee Annual: 3068

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: PBOE
  • High School: PBOE

Lot Info

  • Acres: 0.3100
  • Lot Description: Corner Lot, Fence - Partial, Fence - Privacy

Rental Info

  • Lease Purchase: No

Multi Family

  • Unit Count: 2
  • Total Num Of Units: 8

Tax Info

  • Tax Year: July 2014-June 2015
  • Property Tax: 13225
  • Total Assessed Value: 318290
  • Mil Rate Total: 41.550
  • Assessor Parcel Number: 1258045

MLS Schools

  • Elementary School: PBOE
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2024
Sold by
Alden Elm Del Llc
Bought by
911 Elm Mgmt Llc
Total Days on Market
22
Current Estimated Value
$1,072,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Outstanding Balance
$1,075,539
Interest Rate
7.02%
Mortgage Type
Commercial
Estimated Equity
$8,316

Purchase Details

Closed on
Nov 24, 2015
Sold by
Super Realty Holdings
Bought by
Acrobat Holdings Llc

Purchase Details

Listed on
Jul 28, 2015
Closed on
Sep 22, 2015
Sold by
Fndt Harry Rosen House
Bought by
Super Realty Holdings
Seller's Agent
Joan Veillette
Commercial Property Associates
Buyer's Agent
Sarah Kolman
The Heritage Group, LLC
List Price
$749,000
Sold Price
$560,000
Premium/Discount to List
-$189,000
-25.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.06%

Purchase Details

Closed on
Nov 30, 2000
Sold by
Elm Holding T and Iamele Frank
Bought by
Elm St Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
9%
Mortgage Type
Commercial

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
911 Elm Mgmt Llc $1,080,000 None Available
911 Elm Mgmt Llc $1,080,000 None Available
Acrobat Holdings Llc -- --
Acrobat Holdings Llc -- --
Super Realty Holdings $560,000 --
Super Realty Holdings $560,000 --
Elm St Llc $285,000 --
Elm St Llc $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 911 Elm Mgmt Llc $1,080,000
Closed 911 Elm Mgmt Llc $1,080,000
Previous Owner Elm St Llc $1,313,000
Previous Owner Elm St Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2015 09/21/15 Sold $560,000 -25.2% $65 / Sq Ft
08/22/2015 08/22/15 Pending -- -- --
07/28/2015 07/28/15 For Sale $749,000 -- $87 / 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 $17,240 $447,790 $74,270 $373,520
2023 $16,658 $447,790 $74,270 $373,520
2022 $17,800 $447,790 $74,270 $373,520
2021 $17,308 $394,450 $63,910 $330,540
2020 $17,308 $394,450 $63,910 $330,540
2019 $16,953 $394,450 $63,910 $330,540
2018 $0 $394,450 $63,910 $330,540
2017 $0 $373,450 $63,910 $309,540
2016 -- $322,140 $50,260 $271,880
2015 -- $318,290 $50,260 $268,030
2014 -- $318,290 $50,260 $268,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: N10067293

SmartMLS

APN: NHVN-000352-001129-001601