$545,000
SOLD AUG 22, 2025
4 Beds
2 Baths
2,550 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$214 Per Sq Ft

5% Below List Price

27 Days on Market

Highlights

  • Vinyl Plank Flooring
  • Hot Water Heating System
  • Level Lot

About This Home

As of August 2025

Duplex opportunity at 37 Branch St off South Elm. This property has been Recently refurbished and updated. This is an owner occupied quality building or rent out both sides for a total gross income of $41,880. Both unit are 2 plus bedrooms The tax card shows them as 2 bedrooms but functional they could be 3 bedrooms. The floor plan is spacious open floor plan. Level fenced in yard, paved off street parking for four cars per unit. There is a storage shed on premises for extra storage. The tenants pay for there own separate utilities. Call for complete financials. Located on dead end street. It's a very desirable location out of the central city. The building has been Professional managed and well maintained. No same day showing, Prior day notice required to show.

Last Agent to Sell the Property

Rod Clermont

RE/MAX Innovative Properties Brokerage Email: rod@callrod.Realtor License #003251 Listed on: 06/03/2025

RE/MAX Innovative Properties

Last Buyer's Agent

Alan Larrabee

Alan Larrabee Realty Group License #071830

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,646

Year Built

  • Built in 1940

Lot Details

  • 8,276 Sq Ft Lot
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Duplex
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 2 Levels
  • Walk-Out Basement

Flooring

  • Carpet
  • Vinyl Plank

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Hot Water Heating System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 0022
  • Assessor Parcel Number 459

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • Gross Income $41,880
  • Net Operating Income $30,833

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,646

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Directions: 37 Branch; South Elm left off Queen City Ave the left on Baker left on Branch to end, dead end on right
  • Seasonal: No
  • Property Type: Residential Income
  • Year Built: 1940
  • Display On Internet: DSL Available
  • Architectural Style: Duplex
  • ResoLotFeatures: Level
  • Road Frontage Type: Dead End
  • Attribution Contact: rod@callrod.Realtor
  • MLS Status: (20) Closed - Closed
  • Above Grade Finished Sq Ft: 2550.0
  • Unit Levels: Two
  • ResoPropertyCondition: Existing
  • Flood_Zone: Unknown
  • Foreclosed_Or_Bank_Owned_Or_REO: No
  • Pre_Construction: No
  • Basement_Access_Type: Walkout
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater, Water Heater off Boiler
  • Total Bedrooms: 4
  • Flooring: Carpet, Vinyl Plank
  • Basement: Concrete Floor
  • Basement YN: Yes

Exterior Features

  • Driveway: Paved
  • Roof: Asphalt Shingle
  • Easements: Unknown
  • Construction Type: Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

  • Attached Garage: No
  • Parking Features: Parking Spaces 4

Utilities

  • Electric: 100 Amp Service, Circuit Breakers
  • Sewer: Public Sewer
  • Heating: Propane, Oil, Hot Water
  • Cooling: None
  • Trash: Municipal
  • Utilities: Cable
  • Water Source: Public

Lot Info

  • Surveyed: Unknown
  • Zoning: MF 1040
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.0

Multi Family

  • Gross Income: 41880.0
  • Number Of Units Total: 2
  • Net Operating Income: 30833.0
  • Number Of Units Leased: 2
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6646.0
  • Tax Block: 0
  • Tax Lot: 0022
  • Tax Map Number: 459

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2025
Closed on
Aug 22, 2025
Sold by
Ponnaluri Invs Llc
Bought by
Voskov Ilya and Voskov Svetlana
Seller's Agent
Rod Clermont
RE/MAX Innovative Properties
Buyer's Agent
Alan Larrabee
Alan Larrabee Realty Group
List Price
$575,000
Sold Price
$545,000
Premium/Discount to List
-$30,000
-5.22%
Views
511

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.89%
Original Mortgage
$556,717
Outstanding Balance
$556,717
Interest Rate
6.75%
Mortgage Type
VA
Estimated Equity
-$760

Purchase Details

Listed on
Sep 2, 2020
Closed on
Oct 21, 2020
Sold by
Latifi Driton and Latifi Karissa
Bought by
Ponnaluri Murali and Naidoo Le S
Seller's Agent
Aaron Phinney
Keller Williams Realty-Metropolitan
Buyer's Agent
Rod Clermont
RE/MAX Innovative Properties
List Price
$300,000
Sold Price
$312,500
Premium/Discount to List
$12,500
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.18%
Original Mortgage
$234,375
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 8, 2019
Sold by
Latifi Ditron and Latifi Antul
Bought by
Latifi Ditron and Latifi Antul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,618
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 21, 2013
Closed on
May 23, 2013
Sold by
Pelletier Richard P and Gmac Mortgage Llc
Bought by
Fhlmc
Seller's Agent
Richard Dumont
Century 21 Dumont and Assoc.
Buyer's Agent
David Heeter
Keller Williams Realty-Metropolitan
List Price
$199,900
Sold Price
$196,500
Premium/Discount to List
-$3,400
-1.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.85%

Purchase Details

Closed on
Jul 22, 1998
Sold by
Pelletier Albert R and Pelletier Richard P
Bought by
Pelletier Richard P and Pelletier Cynthia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.99%
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 Type Sale Price Title Company
Warranty Deed $545,000 --
Warranty Deed $312,533 None Available
Warranty Deed $312,533 None Available
Quit Claim Deed -- None Available
Foreclosure Deed $157,600 --
Foreclosure Deed $157,600 --
Warranty Deed $20,000 --
Warranty Deed $20,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $556,717 VA
Previous Owner $234,375 New Conventional
Previous Owner $233,618 FHA
Previous Owner $208,000 Unknown
Previous Owner $72,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 Sold $545,000 -3.5% $214 / Sq Ft
07/01/2025 07/01/25 Pending -- -- --
06/23/2025 06/23/25 Price Changed $565,000 -1.7% $222 / Sq Ft
06/03/2025 06/03/25 For Sale $575,000 +84.0% $225 / Sq Ft
10/21/2020 10/21/20 Sold $312,500 +0.8% $123 / Sq Ft
09/07/2020 09/07/20 Pending -- -- --
09/07/2020 09/07/20 Price Changed $310,000 +3.3% $122 / Sq Ft
09/02/2020 09/02/20 For Sale $300,000 +52.7% $118 / Sq Ft
06/18/2013 06/18/13 Sold $196,500 -1.7% $77 / Sq Ft
04/02/2013 04/02/13 Pending -- -- --
02/21/2013 02/21/13 For Sale $199,900 -- $78 / 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 $6,900 $352,400 $100,900 $251,500
2023 $6,646 $352,400 $100,900 $251,500
2022 $6,428 $352,400 $100,900 $251,500
2021 $6,230 $352,400 $100,900 $251,500
2020 $5,142 $208,500 $63,000 $145,500
2019 $5,071 $208,500 $63,000 $145,500
2018 $4,937 $208,500 $63,000 $145,500
2017 $4,862 $208,500 $63,000 $145,500
2016 $4,825 $208,500 $63,000 $145,500
2015 $4,456 $190,100 $59,600 $130,500
2014 $4,467 $190,100 $59,600 $130,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: PrimeMLS

MLS Number: 5044421

PrimeMLS

APN: MNCH-000459-000000-000022