NOT LISTED FOR SALE

Estimated Value: $291,000 - $410,000

4 Beds
2 Baths
2,000 Sq Ft
$171/Sq Ft Est. Value

Last Sold July 31, 2017

Last sale price $130,000 $65 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $2,453/month

44 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Thermal Windows
  • Attic
  • No HOA
  • Enclosed Patio or Porch

About This Home

As of July 2017

Well maintained 2 family located on a corner lot in a great commuter location with easy access to Routes 8 and 84 and public transportation. Every couple of years the sellers did something to improve the property including the installation of thermopane windows with full screens, easy care vinyl siding, an updated kitchen on the first floor and the updating of both baths. When they updated the electrical to 200 amp service, the sellers added additional leads to make expansion of the electrical system easier. The 2nd floor natural gas furnace was just replaced this year while the 2 natural gas hot water heaters and the 1st floor natural gas furnace were replaced within the last 5 years. Insulation was added in the first floor kitchen, both baths, and the back bedroom on the 2nd floor. The front porch and sidewalks were rebuilt in 2016. The oil tanks were emptied and left so the new owner can sell them if they want. New stainless steel chimney liner was recently installed. The gutters are 4" diameter for increased water flow. There is a common front door and hallway but each unit has their own entrance and their own enclosed back porch. There is a shared laundry room in the basement, but there is a washer /dryer hook up that was capped in the 2nd floor apartment. Cute yard with carport. Stated rents are higher than Actual rents which were under market because they were rented to family members. CHFA and FHA no problem. Make an appointment today to see this great property.

Last Agent to Sell the Property

Ruth Zeiss

William Raveis Real Estate License #RES.0789147 Listed on: 03/29/2017

William Raveis Real Estate

Last Buyer's Agent

Terri O'Brien

DCK Realty and Design License #REB.0790682

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,232

Year Built

  • Built in 1924

Lot Details

  • 6,098 Sq Ft Lot
  • Corner Lot

Home Design

  • Vinyl Siding

Interior Spaces

  • 2 Full Bathrooms
  • 2,000 Sq Ft Home
  • 2-Story Property
  • Thermal Windows
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Shared Basement

Parking

  • 4 Parking Spaces
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • Property is near a bus stop

Schools

  • Pboe Elementary School
  • Pboe High School

Utilities

  • Radiator
  • Heating System Uses Natural Gas
  • Heating System Uses Oil Above Ground
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,232

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Style: Units on different Floors
  • Public Record Living Room Sq Ft: 2000
  • Total Sq Ft: 2000
  • Year Built: 1924
  • Nearby Amenities: Commuter Bus, Public Rec Facilities, Public Trash Pickup, Walk to Bus Lines
  • Property Sub Type: 2 Family
  • Direct Waterfront: No
  • Radon Mitigation Air Ynu: No
  • Radon Mitigation Water Ynu: No
  • Directions: Corner of Chester and Middlesex
  • Special Features: None
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Attic Description: Access Via Hatch
  • Basement Description: Concrete Floor, Full With Walk-Out, Shared Basement, Unfinished, Walk-out
  • Interior Amenities: Cable - Pre-wired
  • Laundry Room Info: Basement Hook-Up(s)
  • Attic: Yes
  • Stories Number Of: 2
  • Street Number Modifier: 92

Exterior Features

  • Exterior Features: Porch-Enclosed, Porch
  • Exterior Siding: Vinyl Siding
  • Swimming Pool: No

Garage/Parking

  • Garage Parking Info: Off Street Parking
  • Driveway Type: Asphalt
  • Total Parking Spaces: 4

Utilities

  • Heat Type: Radiator
  • Heat Fuel Type: Natural Gas
  • Fuel Tank Location: Above Ground
  • Hot Water Description: Natural Gas
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School: PBOE
  • High School: PBOE

Green Features

  • Energy Features: Thermopane Windows

Lot Info

  • Acres: 0.1400
  • Lot Description: Corner Lot

Rental Info

  • Landlord Responsibility: Water
  • Lease Purchase: No

Multi Family

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

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 5232
  • Total Assessed Value: 86900
  • Mil Rate Total: 60.210
  • Assessor Parcel Number: 1368266

MLS Schools

  • Elementary School: PBOE
  • High School: PBOE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2017
Closed on
Aug 2, 2017
Sold by
Tuttle Joanne
Bought by
Meraku Enea and Meraku Festim
Seller's Agent
Ruth Zeiss
William Raveis Real Estate
Buyer's Agent
Terri O'Brien
DCK Realty and Design
List Price
$150,000
Sold Price
$130,000
Premium/Discount to List
-$20,000
-13.33%
Current Estimated Value
$341,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,805
Avg. Annual Appreciation
12.48%
Original Mortgage
$127,645
Outstanding Balance
$106,337
Interest Rate
3.9%
Mortgage Type
FHA
Estimated Equity
$235,468

Purchase Details

Closed on
Sep 6, 1988
Sold by
Vinhais Jose
Bought by
Cantino Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
10.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 1987
Sold by
Coleman Rachel
Bought by
Vinhais Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
8.97%
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
Meraku Enea $130,000 --
Cantino Paul $145,000 --
Vinhais Jose $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vinhais Jose $127,645
Previous Owner Vinhais Jose $116,000
Previous Owner Vinhais Jose $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2017 07/31/17 Sold $130,000 -7.1% $65 / Sq Ft
04/17/2017 04/17/17 Price Changed $140,000 -6.7% $70 / Sq Ft
03/29/2017 03/29/17 For Sale $150,000 -- $75 / 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 $7,683 $170,800 $17,500 $153,300
2024 $8,444 $170,800 $17,500 $153,300
2023 $9,256 $170,800 $17,500 $153,300
2022 $5,273 $87,570 $17,500 $70,070
2021 $5,273 $87,570 $17,500 $70,070
2020 $5,273 $87,570 $17,500 $70,070
2019 $5,273 $87,570 $17,500 $70,070
2018 $5,273 $87,570 $17,500 $70,070
2017 $5,232 $86,900 $17,500 $69,400
2016 $5,232 $86,900 $17,500 $69,400
2015 $5,059 $86,900 $17,500 $69,400
2014 $5,059 $86,900 $17,500 $69,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: SmartMLS

MLS Number: W10207448

SmartMLS

APN: WATE-000099-000969-000025