NOT LISTED FOR SALE

114 Tolman St Unit 116 West Newton, MA 02465

West Newton Neighborhood

Estimated Value: $1,172,000 - $1,299,595

2 Beds
1 Bath
875 Sq Ft
$1,404/Sq Ft Est. Value

Last Sold January 28, 2021

Last sale price $894,000 $1,022 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $7,294/month

Highlights

  • Property is near public transit
  • No HOA
  • Shops
  • Franklin Elementary School Rated A
  • Screened Porch
  • 5-minute walk to Jack Koutoujian Playground

About This Home

As of August 2023

Great opportunity to rent in one of the best neighborhoods in Massachusetts. Desirable well maintained two-family home located on a quiet side street in a sought after West Newton neighborhood. Unit offers two bedrooms, one full bath, an eat-in kitchen, a living room, Free washer/dryer in basement and a private back porch, 2 parking spaces and private back yard. Enjoy the convenience of living in Newton with shops, restaurants, movie theater, and top-rated schools. Easy access to Boston by transit or mass pike.Move in costs = 1st month, last month, security deposit and broker fee($2,700 x 4 = $10,800).

Last Agent to Rent the Property

Adriano Varano

Keller Williams Realty Listed on: 06/17/2023

Keller Williams Realty

Co-Listed By

Massimo Zeppa

Keller Williams Realty

Last Renter's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,900

Year Built

  • Built in 1920

Lot Details

  • 6,750

Parking

  • 2 Car Parking Spaces

Home Design

  • Apartment
  • Entry on the 2nd floor

Interior Spaces

  • 875 Sq Ft Home
  • Screened Porch
  • Laundry in Basement

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Franklin Elementary School
  • F.A. Day Middle School
  • Newton North High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Additional Features

  • 6,750 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Security Deposit $2,700
  • Property Available on 7/1/23
  • Rent includes water, sewer, trash collection, snow removal, gardener, laundry facilities, parking
  • 12 Month Lease Term
  • Assessor Parcel Number 692501

Community Details

Overview

  • No Home Owners Association

Amenities

  • Common Area
  • Shops
  • Laundry Facilities

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,900

Year Built

Built in 1920

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2023-07-01
  • Lease Term: Term of Rental(12)
  • Available Now: No
  • Deposit Required: Yes
  • FIRST MON REQD: Yes
  • INSURANCE REQD: No
  • LAST MON REQD: Yes
  • REFERENCES REQD: Yes
  • SEC DEPOSIT: 2700

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Apartment
  • Year Built: 1920
  • Entry Level: 2
  • Year Built Details: Actual
  • CoOp Comp: 50/50
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: Owner
  • Special Features: None

Interior Features

  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator,Washer,Dryer
  • Total Bedrooms: 2
  • Room Bedroom2 Level: Second
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Room Master Bedroom Level: Second
  • Bathroom 1 Level: Second
  • Room Dining Room Level: Second
  • Room Kitchen Level: Second
  • Laundry Features: In Basement, In Building
  • Room Living Room Level: Second
  • Living Area: 875
  • Spa YN: No
  • MAIN LO: BB3351
  • MAIN SO: H11111

Exterior Features

  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed, Screened
  • Waterfront YN: No

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • Heating: Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Shopping
  • Rent Includes: Water, Sewer, Trash Collection, Snow Removal, Gardener, Laundry Facilities, Parking
  • Senior Community YN: No

Lot Info

  • Parcel Number: 692501
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 6750
  • Lot Size Units: Acres
  • Property Attached YN: Yes
  • OUTDOOR SPACE AVAILABLE: Yes - Common
  • ResoLotSizeUnits: Acres

Multi Family

  • Basement Included Sq Ft: No

MLS Schools

  • High School: Newton North
  • Elementary School: Franklin
  • Middle Or Junior School: F.A. Day

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Jan 19, 2021
Sold by
Landry Francis J and Landry Imelda Y
Bought by
Trident Real Estate Llc
Seller's Agent
Margaret Szerlip
Compass
Buyer's Agent
Adriano Varano
Keller Williams Realty
List Price
$849,000
Sold Price
$894,000
Premium/Discount to List
$45,000
5.3%
Current Estimated Value
$1,228,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$334,649
Avg. Annual Appreciation
6.78%
Original Mortgage
$341,180
Outstanding Balance
$304,290
Interest Rate
2.67%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$924,359
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Trident Real Estate Llc $894,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trident Real Estate Llc $341,180
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2023 08/08/23 Rented $2,650 -1.9% --
07/25/2023 07/25/23 Price Changed $2,700 -3.6% $3 / Sq Ft
07/14/2023 07/14/23 Price Changed $2,800 +7.7% $3 / Sq Ft
06/17/2023 06/17/23 For Rent $2,600 0.0% --
01/28/2021 01/28/21 Sold $894,000 +5.3% $519 / Sq Ft View Prior Sale
12/10/2020 12/10/20 Pending -- -- --
12/09/2020 12/09/20 For Sale $849,000 -- $493 / 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 $9,900 $1,010,200 $763,200 $247,000
2024 $9,573 $980,800 $741,000 $239,800
2023 $9,249 $908,500 $593,200 $315,300
2022 $8,849 $841,200 $549,300 $291,900
2021 $7,548 $701,500 $458,100 $243,400
2020 $7,324 $701,500 $458,100 $243,400
2019 $6,851 $655,600 $428,100 $227,500
2018 $6,862 $634,200 $405,200 $229,000
2017 $6,470 $581,800 $371,700 $210,100
2016 $6,075 $533,800 $341,000 $192,800
2015 $5,792 $498,900 $318,700 $180,200
Source: Public Records

Agents Affiliated with this Home

  • Adriano Varano

    Landlord's Agent in 2023

    Adriano Varano

    Keller Williams Realty

    (339) 222-0871

    2 in this area

    332 Total Sales

    Adriano Varano
    Section Image

  • M

    Landlord's Co-Listing Agent in 2023

    Massimo Zeppa

    Keller Williams Realty

    (781) 530-6483

    8 Total Sales

    Massimo Zeppa
    Section Image

  • N

    Tenant's Agent in 2023

    Non Member

    Non Member Office

  • Margaret Szerlip

    Seller's Agent in 2021

    Margaret Szerlip

    Compass

    (617) 921-6860

    3 in this area

    90 Total Sales

    Margaret Szerlip
    Section Image
  • Crystal Paolini

    Seller Co-Listing Agent in 2021

    Crystal Paolini

    Coldwell Banker Realty - Newton

    (857) 231-0349

    4 in this area

    37 Total Sales

    Crystal Paolini
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73126273

MLS Property Information Network (MLS PIN)

APN: NEWT-000044-000011-000018

Massachusetts Middlesex County Newton 02465 West Newton

114 Tolman St Unit 116, Newton, MA

Not Listed for Sale

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