NOT LISTED FOR SALE

Estimated Value: $705,000 - $836,000

5 Beds
2 Baths
2,844 Sq Ft
$269/Sq Ft Est. Value

Last Sold August 22, 2019

Last sale price $500,000 $176 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,905/month

6 Days on Market

Highlights

  • Ocean View
  • Fenced Yard
  • Storage Shed
  • Wood Flooring

About This Home

As of August 2019

Corner Lot 2 Family Home right near the Ocean in Palmer Point! Unit 1 offers 2 Bedrooms, Full Bathroom, Formal Dining Room, Kitchen, and Living Room. Unit 2's Kitchen offers plenty of cabinet space and bay window provides lots of natural light. Formal Dining Room - Great for Entertaining! Living Room, 3 Bedrooms, 1 Full Bathroom and Family Room complete the unit! Exterior features include Fully Fenced in yard with storage shed and 1 Car Paved Driveway. A little TLC will restore this gem to its full potential! Close to Forest River Park, Shopping, Restaurants, Beaches and Much More! Don't Wait, Come See This One Today!!

Last Listed By

Alexander Montalto

Lamacchia Realty, Inc., Listed on: 06/05/2019

Lamacchia Realty, Inc.,

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,559

Year Built

  • Built in 1890

Lot Details

  • Year Round Access
  • Fenced Yard

Interior Spaces

  • Window Screens
  • Ocean Views
  • Basement

Flooring

  • Wood
  • Vinyl

Outdoor Features

  • Storage Shed
  • Rain Gutters

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:33 L:0619

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,559

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Year Built Description: Actual
  • List Price Per Sq Ft: 174.05
  • Comp Based On: Net Sale Price
  • Year Built: 1890
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1890

Interior Features

  • Flooring: Vinyl, Hardwood
  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 12
  • Basement: Y
  • Basement Features: Full, Interior Access, Concrete Floor, Unfinished Basement
  • Main Lo: AN2314
  • Main So: C95098
  • Estimated Sq Ft: 2844.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Waterview Features: Ocean
  • Waterview Flag: Yes
  • Construction: Post & Beam
  • Exterior: Shingles, Brick
  • Exterior Features: Gutters, Storage Shed, Screens, Fenced Yard
  • Foundation: Fieldstone, Brick
  • Foundation Size: 0000

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, Marina, T-Station, University

Lot Info

  • Assessments: 433100.00
  • Lot: 0619
  • Acre: 0.08
  • Lot Size: 3485.00
  • Page: 329
  • Parcel Number: M:33 L:0619
  • Zoning: R1
  • Lot Description: Corner, Fenced/Enclosed, Gentle Slope, Level

Green Features

  • Energy Features: Storm Doors

Multi Family

  • Total Levels: 3
  • Total Rent: 1200
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 6540.00
  • Assessor Parcel Number: 2135241

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2019
Closed on
Aug 14, 2019
Sold by
Leblanc Michael J
Bought by
Miza Marsild
Seller's Agent
Alexander Montalto
Lamacchia Realty, Inc.,
Buyer's Agent
Salvatore Dimercurio
Keller Williams Realty Evolution
List Price
$495,000
Sold Price
$500,000
Premium/Discount to List
$5,000
1.01%
Total Days on Market
6
Current Estimated Value
$765,970

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,970
Avg. Annual Appreciation
7.89%
Original Mortgage
$400,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2004
Sold by
Brennan Daniel J and Brennan Karen T
Bought by
Leblanc Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 13, 1998
Sold by
Dragon Lisa Anne
Bought by
Brennan Karen T and Brennan Daniel J

Purchase Details

Closed on
Feb 26, 1993
Sold by
Stubbs Frank and Stubbs Kathleen G
Bought by
Dragon Lisa Anne

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
Miza Marsild $500,000 --
Leblanc Michael J $455,000 --
Brennan Karen T $202,000 --
Dragon Lisa Anne $164,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miza Marsild $450,000
Closed Miza Marsild $400,000
Previous Owner Stubbs Frank $364,000
Previous Owner Stubbs Frank $91,000
Previous Owner Stubbs Frank $29,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2019 08/22/19 Sold $500,000 +1.0% $176 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
06/05/2019 06/05/19 For Sale $495,000 -- $174 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $7,559 $666,600 $218,000 $448,600
2024 $7,134 $613,900 $207,200 $406,700
2023 $6,893 $551,000 $191,300 $359,700
2022 $7,113 $536,800 $184,900 $351,900
2021 $6,737 $488,200 $172,100 $316,100
2020 $6,614 $457,700 $162,600 $295,100
2019 $6,540 $433,100 $154,300 $278,800
2018 $6,043 $392,900 $146,600 $246,300
2017 $5,610 $353,700 $123,700 $230,000
2016 $5,452 $347,900 $117,900 $230,000
2015 $5,284 $322,000 $108,400 $213,600
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 72512851

MLS Property Information Network (MLS PIN)

APN: SALE-000033-000000-000619