| Description: 7069201 | |
| *** BRP Office EXCLUSIVE*** NO COBROKE- Best INVESTMENT!!! Priced BELOW market!!! New Lots Avenue - Fully detached ALL brick 6 over 6 huge rooms & high ceilings - building size 20.5 ft x 55 ft lot size 25 ft x 97.5 ft R6 Zone with additional unused buildable FAR 3,803! Finished basement with full bath & new gas boiler- 2 separate entrances! BRP Office Exclusive! NO COBROKE!!!! We have keys - Fully vacant! Share driveway with private backyard!!! I need a new roof, electrical .... must buy As Is!!! Best deal in Town!!! Call 3475819506 for all showings!!! Tax class 1 Property tax $3,609 Property tax tentative $3,820 Lot Lot sqft 2,438 Lot dimensions 25 ft x 97.5 ft Ground elevation 25 ft Corner lot No Zoning Zoning districts R6 Zoning Building class Two Family Brick (B1) Square feet 2,120 Building dimensions 20.5 ft x 55 ft Buildings on lot 1 Stories 2 Roof height 26 ft Year built 1910 Proximity Freestanding Structure type Old style Construction type Brick Grade C Exterior wall Brick/masonry Exterior condition Average Basement type Full Basement grade Above grade Use Residential units (DOF) 2 Residential sqft 2,120 Average residential unit size 1,060 Certificate(s) of occupancy Floor Area Ratio (FAR) Residential FAR 2.43 Facility FAR 4.8 FAR as built 0.87 Allowed usable floor area 5,924 Usable floor area as built 2,121 Unused FAR 3,803 Community district 5 School district 19 Census tract 1128Closest police station 0.91 Miles Closest fire station 0.22 Miles 1. Tax Bill Property tax bill for 7/1/2022 to 6/30/2023 $3,609 Estimated property tax bill for 7/1/2023 to 6/30/2024 $3,820 2. Key Values in Calculating the Bill Tax class 1 Market value $963,000 Assessed value $57,780 Exemptions granted by city $0 Transitional value $17,770 Transitional exemption value $0 Tax abatements $ Market Value The first step is for the City Assessor to determine the market value of the property. While the term market value would seemingly refer to how much the property would sell for on the open market, in reality the market value established by the City Assessor is almost always substantially lower. 22/23 23/24 Land market value $335,000 $335,000 Building market value + $628,000 + $647,000 Market value = $963,000 = $982,000 The maximum usable floor area is calculated by multiplying the size of the lot by the larger of the residential or commercial FAR. Area of lot in square feet 2,438 FAR x 2.43 Maximum usable floor area of building = 5,924 Available Air Rights by Parcel The building on this lot is smaller than the maximum set by the FAR. Thus it may be possible to add to the building (either more floors or an extension) or it may be possible to sell the air rights to a developer who owns a nearby lot. (Note: other factors may limit what you can do.) Maximum usable floor area 5,924 Usable floor area - 2,121 Unused buildable square feet (air rights) = 3,803 Zoning Designation Residential R6 Closest Train station Pennsylvania Ave & Livonia Ave at SW Corner Station lines 3 Distance (miles) 0.191 Do your Comps same property selling for Call 3475819506 for all appointments: Check out - 966 Alabama Sold in 7/27 /2023 $1,070,000 537 New Jersey sold in 06/21/2023 $1,074,000 673 Van Siclen sold 6/21/2023 $1,373,878 All same 2 family .5 miles away |
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Details: |
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| Families: | 2 | |
| Bedrooms: | 7 | |
| Bathrooms: | 3 | |
| Property Type: | 2 Story | |
| Square Feet: | 2120 | |
| Rooms: | 18 | |
| Outdoor Space: | Deck | |
| Lot Size: | 25 x 97.5 | |
| Built: | 1010 | |
Financials: |
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| Price: | $650,000 | |
| Taxes: | $3,820 | |
