NOT LISTED FOR SALE

11 Wallace Rd Rockport, MA 01966

Estimated Value: $1,322,000 - $1,481,376

7 Beds
5 Baths
4,244 Sq Ft
$328/Sq Ft Est. Value

Last Sold April 01, 2020

Last sale price $872,500 $206 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $8,411/month

4 Days on Market

Highlights

  • Ocean View
  • Patio
  • Storage Shed
  • Wood Flooring

About This Home

As of April 2020

Location! An absolutely amazing opportunity to invest in this turnkey, bright and oversized side-by-side two family within seconds to the beach and Bearskin Neck. This property, listed below assessed value, could be a savvy townhouse condo conversion in which most of the work has been done plus the luxuries of having separate utilities, privacy & outdoor space with some views of the ocean. Unit 1 lives like a single family home and features a sparkling updated kitchen with stainless appliances, island and granite counters. A new bathroom in 2018, sunroom, fireplace and patio are just some of the highlights. Unit 2 features a remodeled kitchen with granite counters, 3 bedrooms and 2.5 bathrooms with great light especially on the second floor bedrooms. Other property updates include hardie plank siding, new hardwood floors, new carpeting, new bathrooms, 50 year roof and plumbing. Schedule a showing asap as this "ocean close" gem will not last long!

Last Agent to Sell the Property

The Lush Group

Compass Listed on: 01/31/2020

Compass

Last Buyer's Agent

Kelly Errico

Errico Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,953

Year Built

  • Built in 1950

Lot Details

  • Year Round Access

Interior Spaces

  • Decorative Lighting
  • Ocean Views
  • Basement

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Outdoor Features

  • Patio
  • Storage Shed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,953

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 214.40
  • Comp Based On: Net Sale Price
  • Year Built: 1950
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1950

Interior Features

  • Fireplaces: 2
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Total Flrs: 2
  • Total Frplcs: 2
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Fbh: 4
  • Total Hbh: 1
  • No Rooms: 14
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN2383
  • Main So: BB5823
  • Estimated Sq Ft: 4244.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Waterview Features: Ocean
  • Waterview Flag: Yes
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Fiber Cement Siding
  • Exterior Features: Patio, Storage Shed, Decorative Lighting
  • Foundation: Poured Concrete, Concrete Block

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 6

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling Zones: 2
  • Heat Zones: 3
  • Utility Connections: for Electric Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Cooling Units: 1

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Stables, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station

Schools

  • Elementary School: Rockport
  • Middle School: Rockport
  • High School: Rockport

Lot Info

  • Assessments: 919700.00
  • Acre: 0.40
  • Lot Size: 17276.00
  • Page: 366
  • Zoning: RA
  • Lot Description: Corner, Paved Drive, Cleared, Gentle Slope, Level, Scenic View(s)

Multi Family

  • Heat Units: 2
  • Total Levels: 4
  • Total Rms: 15
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Side by Side

Tax Info

  • Taxes: 9288.97
  • Assessor Parcel Number: 2119713

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2003
Sold by
Orourke Marcia F
Bought by
11 Wallace Rd Rt
Current Estimated Value
$1,391,594
Source: Public Records

Range of Values:

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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
11 Wallace Rd Rt $728,750 --
11 Wallace Rd Rt $728,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Errico Eric W $698,000
Closed Errico Eric W $698,000
Closed 11 Wallace Rd Rt $623,000
Closed 11 Wallace Rd Rt $215,000
Closed 11 Wallace Rd Rt $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2020 04/01/20 Sold $872,500 -4.1% $206 / Sq Ft
02/04/2020 02/04/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $909,900 -- $214 / 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 $9,953 $1,136,200 $495,900 $640,300
2024 $9,233 $1,096,500 $484,600 $611,900
2023 $8,969 $951,100 $405,700 $545,400
2022 $8,088 $823,600 $375,600 $448,000
2021 $8,139 $835,600 $357,800 $477,800
2020 $9,289 $919,700 $402,600 $517,100
2019 $8,594 $871,600 $395,800 $475,800
2018 $8,427 $833,500 $369,400 $464,100
2017 $8,116 $719,500 $335,000 $384,500
2016 $8,119 $721,700 $337,200 $384,500
2015 $7,811 $710,100 $325,600 $384,500
2014 $7,851 $696,600 $302,400 $394,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72613947

MLS Property Information Network (MLS PIN)

APN: ROCK-000022-000000-000184