NOT LISTED FOR SALE

Estimated Value: $1,698,000 - $2,050,128

9 Beds
6 Baths
3,612 Sq Ft
$529/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $1,792,000 $496 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $12,174/month

12 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Storm Windows
  • Property is near public transit
  • Jogging Path
  • Tandem Parking

About This Home

As of August 2021

11 Harvard Terrace is a truly Strong and Stunning Triple Decker Investment property. This Turn-key opportunity offers three remarkable units with separate utilities 3-bedroom/2 bathroom that take up 3,612 sqft. of living area. Current income $8,500 per month. The interior and exterior have been well-maintained with recent upgrades including all new back porches, rewiring all apartments up to code. Siding is #1 red cedar. Roofing is commercial quality rubber membrane. Each unit has top quality Harvey windows, dishwashers, two full baths, extra storage in the basement. Parking for three cars in tandem.

Last Agent to Sell the Property

Nelson Otuechere

NCO Realty Group Inc. Listed on: 05/18/2021

Last Buyer's Agent

Anthony Coppola

Coldwell Banker Realty - Waltham

Coldwell Banker Realty - Waltham

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,784

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot
  • Street terminates at a dead end
  • Gentle Sloping Lot

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 3,612 Sq Ft Home
  • Insulated Windows
  • Wood Flooring
  • Storm Windows

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Open Parking

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $8,350
  • Assessor Parcel Number 1208417

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Building Details

  • Net Operating Income $100,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,784

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Hardwood
  • Fireplace YN: No
  • Total Bedrooms: 9
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Living Area: 3612
  • Stories Total: 6
  • Window Features: Insulated Windows, Storm Window(s)
  • MAIN LO: AN6051
  • LIST PRICE PER Sq Ft: 502.49
  • PRICE PER Sq Ft: 496.12
  • MAIN SO: AN6181

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Road Frontage Type: Public, Dead End
  • Road Surface Type: Paved
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Tandem
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University, Other

Lot Info

  • Parcel Number: 1208417
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping, Other
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • LOT SIZE: 3231
  • PAGE: 0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 13783.97
  • Tax Book Number: 0

Multi Family

  • Gross Income: 100200
  • Net Operating Income: 100200
  • Number Of Units Total: 3
  • Total Actual Rent: 8350
  • LEVELS 1: 1
  • COOLING UNITS: 3
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Aug 31, 2021
Sold by
Smith Linda G
Bought by
Paicopoulos George
Seller's Agent
Nelson Otuechere
NCO Realty Group Inc.
Buyer's Agent
Anthony Coppola
Coldwell Banker Realty - Waltham
List Price
$1,815,000
Sold Price
$1,792,000
Premium/Discount to List
-$23,000
-1.27%
Current Estimated Value
$1,916,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,332
Avg. Annual Appreciation
1.63%
Original Mortgage
$848,500
Outstanding Balance
$780,438
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,130,094
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 Buyer Sale Price Title Company
Paicopoulos George $1,792,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paicopoulos George $848,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $1,792,000 -1.3% $496 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
05/17/2021 05/17/21 For Sale $1,815,000 -- $502 / 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 $20,180 $1,742,700 $629,100 $1,113,600
2024 $17,827 $1,635,500 $390,800 $1,244,700
2023 $16,896 $1,573,200 $375,900 $1,197,300
2022 $15,556 $1,429,800 $361,400 $1,068,400
2021 $14,957 $1,401,800 $354,300 $1,047,500
2020 $13,784 $1,305,300 $346,500 $958,800
2019 $13,103 $1,243,200 $257,600 $985,600
2018 $12,408 $1,184,000 $257,600 $926,400
2017 $11,320 $1,068,900 $257,600 $811,300
2016 $10,315 $937,700 $257,600 $680,100
2015 $9,320 $769,600 $163,900 $605,700
2014 $8,382 $666,300 $163,900 $502,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72833022

MLS Property Information Network (MLS PIN)

APN: ALLS-000000-000021-000724