NOT LISTED FOR SALE

Estimated Value: $977,000 - $1,092,000

7 Beds
7 Baths
3,616 Sq Ft
$282/Sq Ft Est. Value

Last Sold November 23, 2016

Last sale price $680,000 $188 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $6,682/month

154 Days on Market

Highlights

  • Spa
  • Patio
  • Wood Siding
  • Attic
  • Baseboard Heating

About This Home

As of November 2016

Unique two family house in Cove area. Excellent opportunity to invest in Cove area. This property has two parking lot, which can accommodate six cars. Each unit 1 and 2 offers three bedrooms, 2.5 bathrooms, living room and Eat in Kitchen. Unit 1 has a full finish basement with space for office and playroom. The Laundry room for unit 1 and 2 are located in the basement. Unit 3 has a living room, a full bathroom, and bedroom. Unit 3 has all the hook up to install the washer and dryer, electric range and a kitchen sink. Property is selling "AS-IS" condition.

Last Agent to Sell the Property

Maximiliano Dominguez

Keller Williams Realty Prtnrs. License #RES.0766018 Listed on: 04/05/2016

Keller Williams Realty Prtnrs.

Last Buyer's Agent

Amir Badr

Signature Realty License #REB.0758650

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,841

Year Built

  • Built in 1983

Lot Details

  • 7,405

Home Design

  • Concrete Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Masonry Siding
  • Vinyl Siding

Interior Spaces

  • 3,616 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Pull Down Stairs to Attic

Bedrooms and Bathrooms

  • 7 Bedrooms

Parking

  • Paved Parking
  • Parking Lot

Pool

  • Spa
  • Outdoor Pool

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Additional Features

  • Patio
  • 7,405 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: 2 Chalendiers from unit B

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,841

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Neighborhood: Cove
  • Property Type: Multi-Family For Sale
  • Potential Short Sale: No
  • Sq Ft Est Heated Above Grade: 3616
  • Public Record Living Room Sq Ft: 3616
  • Total Sq Ft: 3616
  • Year Built: 1983
  • Remarks Public Addendum: For more information call listing agent.
  • Property Sub Type: 2 Family
  • Exclusions: 2 Chalendiers from unit B
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Public Record Gross Sq Ft: 5924
  • Directions: Seaside Ave to Webb Ave
  • Special Features: None

Interior Features

  • Total Bedrooms: 7
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • Half Bathrooms: 2
  • Attic Description: Pull-Down Stairs
  • Basement Description: Fully Finished, Full
  • Attic: Yes
  • Street Number Modifier: 45

Exterior Features

  • Exterior Features: Hot Tub, Patio
  • Exterior Siding: Brick, Vinyl Siding, Wood
  • Foundation Type: Concrete
  • Roof Information: Asphalt Shingle
  • Swimming Pool: Yes
  • Construction Description: Frame

Garage/Parking

  • Garage Parking Info: Assigned Parking, Parking Lot, Paved

Utilities

  • Cooling System: Window Unit
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.1700
  • Lot Description: Fence - Privacy
  • Zoning: R5

Multi Family

  • Unit Count: 3
  • Total Multi Family: 21
  • Total Num Of Units: 3
  • Total Unit Count: 3

Tax Info

  • Tax Year: July 2016-June 2017
  • Property Tax: 8841
  • Total Assessed Value: 338460
  • Mil Rate Base: 24.820
  • Mil Rate Tax District: 1.300
  • Mil Rate Total: 24.820
  • Assessor Parcel Number: 330847

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2016
Closed on
Nov 29, 2016
Sold by
Vega John F
Bought by
Nouh Maisam K and Nouh Batol K
Seller's Agent
Maximiliano Dominguez
Keller Williams Realty Prtnrs.
Buyer's Agent
Amir Badr
Signature Realty
List Price
$720,000
Sold Price
$680,000
Premium/Discount to List
-$40,000
-5.56%
Current Estimated Value
$1,018,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,505
Avg. Annual Appreciation
4.98%
Original Mortgage
$667,683
Outstanding Balance
$544,766
Interest Rate
4.08%
Mortgage Type
FHA
Estimated Equity
$496,816

Purchase Details

Closed on
Jul 8, 1997
Sold by
Papallo Georgio and Papallo Stella
Bought by
Vega Juan F and Vega Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,700
Interest Rate
8.88%
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
Nouh Maisam K $680,000 --
Nouh Maisam K $680,000 --
Vega Juan F $383,000 --
Vega Juan F $383,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nouh Maisam K $667,683
Closed Nouh Maisam K $667,683
Previous Owner Papallo Georgio $370,500
Previous Owner Papallo Georgio $344,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2016 11/23/16 Sold $680,000 -5.6% $188 / Sq Ft
10/24/2016 10/24/16 Pending -- -- --
04/05/2016 04/05/16 For Sale $720,000 -- $199 / 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 $13,732 $574,090 $212,760 $361,330
2024 $13,411 $574,090 $212,760 $361,330
2023 $14,490 $574,090 $212,760 $361,330
2022 $11,755 $432,650 $154,200 $278,450
2021 $11,656 $432,650 $154,200 $278,450
2020 $11,400 $432,650 $154,200 $278,450
2019 $11,310 $429,230 $154,200 $275,030
2018 $10,958 $429,230 $154,200 $275,030
2017 $8,918 $331,640 $126,380 $205,260
2016 $8,841 $338,460 $126,380 $212,080
2015 $8,607 $338,460 $126,380 $212,080
2014 $8,390 $338,460 $126,380 $212,080
Source: Public Records

Agents Affiliated with this Home

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Source: SmartMLS

MLS Number: 99140461

SmartMLS

APN: STAM-000002-000000-000571