NOT LISTED FOR SALE

Estimated Value: $992,000 - $1,152,000

5 Beds
2 Baths
2,930 Sq Ft
$355/Sq Ft Est. Value

Last Sold December 06, 2024

Last sale price $953,000 $325 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,466/month

6 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • 2 Fireplaces
  • Deck
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of December 2024

Excellent opportunity to own a well-maintained, separately metered (except water) 2-family home on a quiet street with off-street parking. The 1st-floor unit features 2 bedrooms, 1 bath, Kitchen, sunroom, living room, dining room, and two decks. The 2nd-floor unit offers 3 bedrooms, 1 bath, newer kitchen, sunroom, living room, dining room and two decks over two floors. The attic space allows for future expansion. Both units have access to laundry in the basement and are occupied by long-term tenants.Both leases are currently under market rent. Conveniently located near Cushing Square, Belmont, and Watertown Square, with easy access to the T for commuting into the city. This property presents a great opportunity to own a solid investment in a desirable neighborhood, with room for future growth. Owner has made updates over the years, see update list attached.

Last Agent to Sell the Property

Cody Rogers

Coldwell Banker Realty - Andovers/Readings Regional Listed on: 10/23/2024

Coldwell Banker Realty - Andovers/Readings Regional

Last Buyer's Agent

Hao Wang

Dreamega International Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,507

Year Built

  • Built in 1920

Lot Details

  • 5,053 Sq Ft Lot
  • Stone Wall

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,930 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Window Screens
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Unfinished Basement
  • Block Basement Construction

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 5 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System

Listing and Financial Details

  • Total Actual Rent $4,155
  • Assessor Parcel Number M:0420 B:0019 L:0152

Community Details

Overview

  • 2 Units
  • Near Conservation Area

Recreation

  • Golf Course Community
  • Bike Trail

Additional Features

  • Shops
  • Net Operating Income $49,860

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,507

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1920
  • Buyer Agency Type: %
  • Year Built Details: Renovated Since
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Living Room, Dining Room, Kitchen, Sunroom
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Range, Dishwasher, Refrigerator, Microwave
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Concrete, Unfinished
  • Living Area: 2930
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Screens
  • MAIN LO: AN6181
  • MAIN SO: AN3355

Exterior Features

  • Exterior Features: Rain Gutters, Stone Wall
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Driveway
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Heating: Hot Water, Natural Gas
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Golf, Bike Path, Conservation Area, Highway Access, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0420 B:0019 L:0152
  • Zoning: T
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5053
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10507

Multi Family

  • Net Operating Income: 49860
  • Number Of Units Total: 2
  • Total Actual Rent: 4155
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2022
Sold by
Beal Linda R
Bought by
Peter C Beal Jr Lt and Beal
Current Estimated Value
$1,038,769

Purchase Details

Closed on
Mar 11, 2008
Sold by
Beal Linda R and Beal Peter C
Bought by
Beal Linda R

Purchase Details

Closed on
Aug 23, 1993
Sold by
Emerton Alvin D
Bought by
Beal Peter C and Beal Linda R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,950
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Peter C Beal Jr Lt -- None Available
Peter C Beal Jr Lt -- None Available
Beal Linda R -- --
Beal Linda R -- --
Beal Linda R -- --
Beal Peter C $175,500 --
Beal Peter C $175,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beal Peter C $188,000
Previous Owner Beal Peter C $157,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2024 12/06/24 Sold $953,000 +2.6% $325 / Sq Ft
10/29/2024 10/29/24 Pending -- -- --
10/23/2024 10/23/24 For Sale $929,000 -- $317 / 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 $12,216 $1,045,900 $520,900 $525,000
2024 $10,507 $898,000 $507,000 $391,000
2023 $11,835 $871,500 $484,900 $386,600
2022 $11,008 $830,800 $440,900 $389,900
2021 $9,834 $802,800 $426,200 $376,600
2020 $9,473 $780,300 $411,500 $368,800
2019 $16,030 $717,100 $411,500 $305,600
2018 $8,866 $658,200 $382,100 $276,100
2017 $8,478 $610,400 $334,300 $276,100
2016 $8,100 $592,100 $316,000 $276,100
2015 $7,312 $486,500 $279,200 $207,300
2014 $7,003 $468,100 $260,800 $207,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73305302

MLS Property Information Network (MLS PIN)

APN: WATE-000420-000019-000152