NOT LISTED FOR SALE

Estimated Value: $972,000 - $1,092,438

5 Beds
4 Baths
2,376 Sq Ft
$432/Sq Ft Est. Value

Last Sold August 16, 2022

Last sale price $907,000 $382 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,332/month

30 Days on Market

About This Home

As of August 2022

Newer Construction in Mint Condition, with Terrific Neighborhood Location and Excellent Rental History. Perfect for investor or Owner-Occupied seeking mortgage helper. The first-floor 2 Bed / 2Bath, Unit 1, features private entry, open concept layout, hardwood flooring throughout, with generous sized bedrooms, with Master bedroom served by en-suite full bath. The interior staircase, inside unit 1, leads to a full height basement, offering expansion or storage. The walk-up Level 2 is 3Bed/2Bath, with Master/ensuite. and overlooks the adjacent park/field. Both units are served by Central A/C, Forced Hot-Air Heat, with In-Unit Washer/Dryer. Two driveways, provides ample parking for each unit, and an attached garage bay, can be flexibly used for either unit. Yard in the rear offers usable outdoor space. Unit 2 recently vacated, and freshly painted. Unit 1 is TAW and can be delivered vacant. Terrific location, steps to the schools, and easy access to Rt 1A and public transit.

Last Agent to Sell the Property

Tyler Lecao

BA Property & Lifestyle Advisors Listed on: 06/15/2022

Last Buyer's Agent

David Picardy

Liberty Residential Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,720

Year Built

  • Built in 2016

Lot Details

  • 4,604 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Garage

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2,376 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Community Details

  • 2 Units
  • Net Operating Income $62,400

Listing and Financial Details

  • Total Actual Rent $5,250
  • Assessor Parcel Number M:16 B:250A L:2C,4965980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,720

Year Built

Built in 2016

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 2016
  • Buyer Agency: 2.0
  • Buyer Agency Type: %
  • Transaction Broker: 2.0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Other (See Remarks)
  • Fireplace YN: No
  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full
  • Living Area: 2376
  • Stories Total: 3
  • MAIN LO: AN7401
  • LIST PRICE PER Sq Ft: 384.68
  • PRICE PER Sq Ft: 381.73
  • MAIN SO: AN0224

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: M:16 B:250A L:2C,4965980
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4604
  • Lot Size Units: Acres
  • PAGE: 81
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8720
  • Tax Book Number: 56722

Multi Family

  • Gross Income: 62400
  • Net Operating Income: 62400
  • Number Of Units Total: 2
  • Total Actual Rent: 5250
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2016
Closed on
Sep 6, 2016
Sold by
Pierce Road Llc
Bought by
Carver Shaun and Bei Zheng B
Seller's Agent
Louise Touchette
Coldwell Banker Realty - Lynnfield
Buyer's Agent
Tyler Lecao
BA Property & Lifestyle Advisors
List Price
$649,000
Sold Price
$630,000
Premium/Discount to List
-$19,000
-2.93%
Current Estimated Value
$1,026,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$396,610
Avg. Annual Appreciation
5.83%
Original Mortgage
$618,589
Interest Rate
3.45%
Mortgage Type
FHA
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
Carver Shaun $630,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Michael $407,000
Closed Chan Michael $407,000
Closed Carver Shaun $582,000
Closed Carver Shaun $618,589
Previous Owner Pierce Road Llc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2022 08/16/22 Sold $907,000 -0.8% $382 / Sq Ft
07/16/2022 07/16/22 Pending -- -- --
07/13/2022 07/13/22 Price Changed $914,000 -0.1% $385 / Sq Ft
07/07/2022 07/07/22 Price Changed $915,000 -1.1% $385 / Sq Ft
06/15/2022 06/15/22 For Sale $925,000 +46.8% $389 / Sq Ft
09/01/2016 09/01/16 Sold $630,000 -2.9% $266 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
07/06/2016 07/06/16 For Sale $649,000 -- $274 / 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 $8,988 $991,000 $286,900 $704,100
2024 $8,893 $976,200 $270,900 $705,300
2023 $8,594 $903,700 $226,300 $677,400
2022 $8,720 $838,500 $215,100 $623,400
2021 $8,558 $773,800 $199,200 $574,600
2020 $8,454 $750,800 $199,200 $551,600
2019 $8,109 $669,600 $181,700 $487,900
2018 $8,188 $631,800 $164,100 $467,700
2017 $7,907 $565,200 $143,400 $421,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72997916

MLS Property Information Network (MLS PIN)

APN: REVE-000016-000250A-000002C