NOT LISTED FOR SALE

Estimated Value: $368,092 - $416,000

2 Beds
1 Bath
1,060 Sq Ft
$327/mo HOA Fee

Last Sold June 30, 2021

Last sale price $275,000 $259 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,669/month

50 Days on Market

About This Home

As of June 2021

GREAT INVESTMENT OPPORTUNITY with excellent rental income and wonderful tenants. Welcome to Magnolia Ridge, an ideal location in Weymouth close to Route 3, Derby Street Shopping, Commuter Rail and South Shore Hospital. This two bedroom unit offers a spacious sunken living room and open concept kitchen and dining rooms and in unit laundry. This first floor unit has sliders to a private deck. Tenant occupied so please allow 24 hours notice for showings.

Last Agent to Sell the Property

Sheila Creahan

Compass Listed on: 03/03/2021

Compass

Co-Listed By

Denise Marshall

Compass

Last Buyer's Agent

Wiss Pierre

Prosperhill Realty, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,197

Year Built

  • Built in 1984

Lot Details

  • Year Round Access

HOA Fees

  • $327 per month

Flooring

  • Wall to Wall Carpet
  • Tile

Utilities

  • Central Air
  • Heat Pump System

Community Details

  • Call for details about the types of pets allowed

Listing and Financial Details

  • Assessor Parcel Number M:38 B:468 L:003117C

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,197

Year Built

Built in 1984

Lot Details

0

HOA Fees

$327 per month

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 278.30
  • Comp Based On: Net Sale Price
  • Year Built: 1984
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: C
  • Unit Level: 1
  • Unit Placement: Ground
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1984

Interior Features

  • Flooring: Tile, Wall to Wall Carpet
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor, Closet, Flooring - Wall to Wall Carpet
  • Bedroom 2: On Level: First Floor, Closet, Flooring - Wall to Wall Carpet, Main Level
  • Full Bathrooms: 1
  • No Rooms: 5
  • Kitchen: On Level: First Floor
  • Laundry: On Level: First Floor
  • Living Room: On Level: First Floor, Balcony / Deck, Main Level, Cable Hookup, Exterior Access, Open Floor Plan, Slider, Sunken
  • No Living Levels: 1
  • Main Lo: AN2383
  • Main So: AN1995
  • Estimated Sq Ft: 1060.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl, Brick
  • Exterior Unit Features: Deck - Wood
  • Pool Description: Inground

Garage/Parking

  • Parking Feature: Off-Street, Common, Guest
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Heating: Heat Pump, Electric
  • Utility Connections: for Electric Range, for Electric Oven

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station
  • HOA Fees: 327.32
  • Association Fee Includes: Water, Sewer, Master Insurance, Swimming Pool, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Clubroom
  • Condo Association: Yes
  • Association Pool: Yes

Association/Amenities

  • Condominium Name: Magnolia Ridge - Arbor Hill

Lot Info

  • Assessments: 222000.00
  • Page: 315
  • Parcel Number: M:38 B:468 L:003117C
  • Zoning: Res

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Taxes: 2646.00
  • Assessor Parcel Number: 280756
  • Tax Year: 2020

Multi Family

  • No Units: 101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
Jun 25, 2021
Sold by
Midnight Tea T
Bought by
Mavi Llc
Seller's Agent
Sheila Creahan
Compass
Buyer's Agent
Wiss Pierre
Prosperhill Realty, Inc.
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%
Current Estimated Value
$394,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,273
Avg. Annual Appreciation
8.47%

Purchase Details

Listed on
Jan 18, 2018
Closed on
Mar 2, 2018
Sold by
Phillips Mark and Mulligan Kristin
Bought by
Midnight Tea T
Seller's Agent
Heather Macbean Guerard
William Raveis R.E. & Home Services
Buyer's Agent
Sheila Creahan
Compass
List Price
$245,000
Sold Price
$234,000
Premium/Discount to List
-$11,000
-4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%
Original Mortgage
$175,500
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 18, 2018
Closed on
Feb 28, 2018
Sold by
Sturgis James
Bought by
Phillips Mark and Mulligan Kristin
Seller's Agent
Heather Macbean Guerard
William Raveis R.E. & Home Services
Buyer's Agent
Sheila Creahan
Compass
List Price
$245,000
Sold Price
$234,000
Premium/Discount to List
-$11,000
-4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2005
Sold by
White Jennifer L and Usher Jennifer
Bought by
Sturgis James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 20, 2002
Sold by
Rose Carter Rt
Bought by
Ussher Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,920
Interest Rate
6.36%
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
Mavi Llc $275,000 None Available
Midnight Tea T -- --
Phillips Mark $234,000 --
Sturgis James $237,000 --
Ussher Jennifer $209,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phillips Mark $175,500
Previous Owner Sturgis James $189,600
Previous Owner Sturgis James $47,400
Previous Owner Ussher Jennifer $167,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2021 06/30/21 Sold $275,000 -6.8% $259 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $295,000 +26.1% $278 / Sq Ft
02/28/2018 02/28/18 Sold $234,000 -4.5% $221 / Sq Ft View Prior Sale
01/19/2018 01/19/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $245,000 -- $231 / 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 $3,197 $316,500 $0 $316,500
2024 $3,109 $302,700 $0 $302,700
2023 $2,903 $277,800 $0 $277,800
2022 $2,870 $250,400 $0 $250,400
2021 $2,724 $232,000 $0 $232,000
2020 $2,646 $222,000 $0 $222,000
2019 $2,472 $204,000 $0 $204,000
2018 $2,274 $181,900 $0 $181,900
2017 $2,229 $174,000 $0 $174,000
2016 $2,102 $164,200 $0 $164,200
2015 $2,001 $155,100 $0 $155,100
2014 $2,264 $170,200 $0 $170,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72792424

MLS Property Information Network (MLS PIN)

APN: WEYM-000038-000468-000003-000117C