NOT LISTED FOR SALE

Estimated Value: $530,386 - $607,000

4 Beds
2 Baths
1,495 Sq Ft
$383/Sq Ft Est. Value

Last Sold March 19, 2019

Last sale price $285,000 $191 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,790/month

91 Days on Market

Highlights

  • Water Views
  • Forced Air Heating System
  • Wood Siding
  • Deck

About This Home

As of March 2019

Shadow Lake beach Association allows access to beach across from property. Small yearly fee. Front house pictures prior to tenant occupancy.

Last Agent to Sell the Property

Gail Collins-Dellova

Keller Williams Realty Success License #067106 Listed on: 11/12/2018

Keller Williams Realty Success

Last Buyer's Agent

David Heeter

Keller Williams Realty-Metropolitan License #054235

Keller Williams Realty-Metropolitan

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,973

Year Built

  • Built in 1955

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Sloped Up

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2 Full Bathrooms
  • 1.75-Story Property
  • Water Views

Basement

  • Partial Basement
  • Connecting Stairway
  • Interior Basement Entry
  • Crawl Space

Parking

  • 5 Car Parking Spaces
  • Paved Parking

Outdoor Features

  • Deck

Schools

  • North Salem Elementary School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Separate Meters
  • Drilled Well
  • Liquid Propane Gas Water Heater
  • Private Sewer

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Block 4625

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,973

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Status Detail: Closed
  • Style: Detached
  • Directions: Rt 28 to Shadow Lake Rd
  • Flood Zone: Unknown
  • Assessment Amount: 276400
  • Assessment Year: 2018
  • Construction: Existing
  • Total Stories: 1.75
  • Price Per Sq Ft: 310.12
  • Property Class: Multi-Family
  • Sq Ft - Apx Total: 2815
  • Sq Ft - Apx Total Finished: 1495
  • Property Type: Multi-Family
  • Year Built: 1955
  • Remarks Public: Opportunity! Two single family detached homes, located across from Shadow Lake!! Commuter friendly, peaceful location, beautiful North Salem! Updated kitchen, some new carpet & flooring, freshly painted interior. Both units have 2 bedrooms, den/office, kitchen, 1 bath. 2005 renovation - windows, roofs, septic, electricity. Numbers work for the investor! Owner occupant, supplement mortgage with income from 2nd house! Join Shadow Lake Association for a small yearly fee, access to beach across street. Please do not disturb tenant in front house. Desirable North Salem, easy access to route 93. Great commuter location!
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes
  • Basement Access Type: Interior
  • Basement Description: Crawl Space, Partial, Stairs - Interior
  • Sq Ft - Apx Finished AG: 919
  • Sq Ft - Apx Finished BG: 576
  • Sq Ft - Apx Unfinished AG: 1160
  • Sq Ft - Apx Unfinished BG: 160

Exterior Features

  • Construction: Wood Frame
  • Driveway: Paved
  • Exterior: Wood
  • Foundation: Fieldstone
  • Road Frontage: Yes
  • Roads: Public
  • Roof: Shingle
  • Easements: Yes
  • Features Exterior: Deck
  • Water View: Yes

Garage/Parking

  • Parking: Parking Spaces 5

Utilities

  • Electric: Circuit Breaker(s)
  • Sewer: Private
  • Water: Drilled Well
  • Water Heater: Gas - LP/Bottle
  • Heating Fuel: Gas - LP/Bottle
  • Heating: Forced Air
  • Separate Utilities: Yes
  • Total Electric Meters: 2
  • Total Heat Units: 2
  • Total Water Heaters: 2

Schools

  • Elementary School: North Salem Elementary
  • Elementary School: North Salem Elementary

Lot Info

  • Map: 37
  • Lot Sq Ft: 10019
  • Lot Acres: 0.23
  • Lot Description: Water View
  • Surveyed: Unknown
  • Zoning: RUR
  • Deed Book: 4324
  • Deed Page: 2992
  • Deed Recorded Type: Quit Claim

Tax Info

  • Taxes TBD: Unknown
  • Tax Gross Amount: 5973
  • Tax Year: 2018

Multi Family

  • Total Full Baths: 2
  • Total Units: 2
  • Total2 Bedroom Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2018
Closed on
Mar 14, 2019
Sold by
Ryan Timothy
Bought by
Knight Alexander L and Knight Levette L
Seller's Agent
Gail Collins-Dellova
Keller Williams Realty Success
Buyer's Agent
David Heeter
Keller Williams Realty-Metropolitan
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%
Total Days on Market
91
Current Estimated Value
$571,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,847
Avg. Annual Appreciation
10.45%
Original Mortgage
$279,837
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 6, 2004
Sold by
Ingomar Lp
Bought by
Ryan Timothy

Purchase Details

Closed on
May 29, 2002
Sold by
Danley Allan R and Danley Tamara J
Bought by
Wells Fargo Bk
Source: Public Records

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Range of Values:

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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
Knight Alexander L $285,000 --
Ryan Timothy $155,000 --
Wells Fargo Bk $24,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Knight Alexander L $10,769
Open Knight Alexander L $55,399
Open Knight Alexander L $273,898
Closed Knight Alexander L $279,837
Previous Owner Ryan Timothy F $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2019 03/19/19 Sold $285,000 +1.8% $191 / Sq Ft
02/11/2019 02/11/19 Pending -- -- --
01/23/2019 01/23/19 Price Changed $279,900 -3.4% $187 / Sq Ft
12/07/2018 12/07/18 Price Changed $289,900 -3.3% $194 / Sq Ft
11/12/2018 11/12/18 For Sale $299,900 -- $201 / Sq Ft
Source: PrimeMLS

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 $6,963 $395,600 $129,700 $265,900
2023 $6,709 $395,600 $129,700 $265,900
2022 $6,349 $395,600 $129,700 $265,900
2021 $6,322 $395,600 $129,700 $265,900
2020 $6,086 $276,400 $92,700 $183,700
2019 $6,075 $276,400 $92,700 $183,700
2018 $5,973 $276,400 $92,700 $183,700
2017 $5,760 $276,400 $92,700 $183,700
2016 $5,647 $276,400 $92,700 $183,700
2015 $5,187 $242,500 $97,600 $144,900
2014 $5,042 $242,500 $97,600 $144,900
2013 $4,962 $242,500 $97,600 $144,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 4727568

PrimeMLS

APN: SLEM-000037-004625