NOT LISTED FOR SALE

1 Riverbank Rd North Weymouth, MA 02191

Estimated Value: $826,000 - $1,055,335

6 Beds
4 Baths
2,576 Sq Ft
$364/Sq Ft Est. Value

Last Sold July 26, 2016

Last sale price $560,500 $218 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,924/month

14 Days on Market

About This Home

As of July 2016

Once in a lifetime opportunity! Direct waterfront duplex with a dock on the Fore River with no flood Insurance required! Keep your boat in your backyard and watch the sunsets from this one of a kind property. Current owners have 3 boat moorings and a floating dock permitted by the harbormaster. The house is a side by side duplex with vinyl siding and 10 year young architectural shingle roof. Both sides have new high efficiencey gas forced hot water heating systems, updated kitchens, 2 full baths in each unit (one on each floor on both sides), full walkout basements, and enclosed porches. Its all set on a 1/4 acre corner lot with a detached 2 car garage. Harwood floors throughout and recent composite decks complete this package. This house would be perfect for an investment, owner occupied, in-law, or making it a single family home, it's just that nice!

Last Agent to Sell the Property

Jay Gallagher

Success! Real Estate License #455021566 Listed on: 04/20/2016

Success! Real Estate

Last Buyer's Agent

Jodi Beckman

BMTF Partnership

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,819

Year Built

1918

Lot Details

0

Listing Details

  • Lot Description: Corner, Scenic View(s)
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1918

Interior Features

  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Number of Rooms: 14
  • Electric: 220 Volts
  • Energy: Insulated Windows
  • Flooring: Wood, Wall to Wall Carpet
  • Basement: Full, Walk Out, Interior Access, Concrete Floor
  • Total Levels: 4

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Waterfront Property: Yes
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed, Deck
  • Foundation: Poured Concrete, Slab
  • Beach: Ocean, River, Access, Direct Access, Frontage
  • Waterfront: Bay, Dock/Mooring, Frontage, Direct Access, Navigable, Private
  • Waterview Flag: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street, Stone/Gravel
  • Parking Spaces: 4

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas, Tankless
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup, Icemaker Connection
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:06 B:070 L:013
  • Zoning: WF1

Multi Family

  • Heat Units: 2
  • Total Bedrooms: 6
  • Total Fireplaces: 2
  • Total Floors: 2
  • Total Full Baths: 4
  • Total Levels: 2
  • Total Rms: 14
  • Total Rent_1: 4300
  • Waterview: Bay, Dock/Mooring, Private

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2017
Sold by
1 & 3 Riverbank Road Ret
Bought by
Ramsahai Lillian L and Ramsahai Ryan C
Current Estimated Value
$937,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,214
Outstanding Balance
$489,056
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$425,882

Purchase Details

Listed on
Apr 20, 2016
Closed on
Jul 27, 2016
Sold by
Gallagher 3Rd John K and Cash William P
Bought by
1 & 3 Riverbank Road Rt
Seller's Agent
Jay Gallagher
Success! Real Estate
Buyer's Agent
Jodi Beckman
BMTF Partnership
List Price
$599,000
Sold Price
$560,500
Premium/Discount to List
-$38,500
-6.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%
Original Mortgage
$579,090
Interest Rate
3.54%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 1, 2006
Sold by
Burke Patricia M
Bought by
Gallagher John K and Cash William P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$503,500
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ramsahai Lillian L $589,900 --
1 & 3 Riverbank Road Rt $560,500 --
Gallagher John K $530,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramsahai Lillian L $579,214
Previous Owner 1 & 3 Riverbank Road Rt $579,090
Previous Owner Gallagher John K $503,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2016 07/26/16 Sold $560,500 -6.4% $218 / Sq Ft
05/04/2016 05/04/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $599,000 -- $233 / 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 $9,819 $972,200 $310,400 $661,800
2024 $9,520 $927,000 $295,700 $631,300
2023 $9,267 $886,800 $273,800 $613,000
2022 $8,992 $784,600 $253,500 $531,100
2021 $8,009 $682,200 $253,500 $428,700
2020 $7,758 $650,800 $253,500 $397,300
2019 $7,573 $624,800 $243,800 $381,000
2018 $6,719 $537,500 $232,100 $305,400
2017 $5,830 $455,100 $199,000 $256,100
2016 $5,428 $424,100 $177,200 $246,900
2015 $5,201 $403,200 $177,200 $226,000
2014 $5,276 $396,700 $178,100 $218,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71994486

MLS Property Information Network (MLS PIN)

APN: WEYM-000006-000070-000013