NOT LISTED FOR SALE

12 Marshall St Watertown, MA 02472

Estimated Value: $1,525,000 - $1,818,232

7 Beds
5 Baths
4,480 Sq Ft
$372/Sq Ft Est. Value

Last Sold July 03, 2024

Last sale price $1,695,000 $378 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $10,395/month

18 Days on Market

Highlights

  • Open Floorplan
  • Property is near public transit
  • Upgraded Countertops
  • Deck
  • Wood Flooring
  • Jogging Path

About This Home

As of July 2024

Are you seeking a fully-renovated, multifamily home in Watertown’s Historic District? Look no further! Centrally situated in a highly desirable area near Watertown Square just moments from Arsenal Yards shopping & dining, this rarely available three-unit property captivates with a beautifully refreshed exterior and interior. Explore the newly renovated property to discover one 4BR/3BA unit, one 2BR/1BA & 1BR/1BA units.Each apartment features an openly flowing floorplan, hard-wood flooring, abundant natural light, a spacious living room, an uber-chic full bathroom with premium finishes, an in-unit laundry with W/D, and an ultra-stylish kitchen with stainless-steel appliances and quartz countertops. Other features include two driveways, six available parking including 2 garage spaces, built-ins, and quick access to nearby attractions.Whether a seasoned investor or a savvy homebuyer, this newly-remodeled, three-family offers both tremendous cashflow potential and multiple exit strategies

Last Agent to Sell the Property

Timur Abdurakhmonov

Northeastern Realty Group Listed on: 04/20/2024

Last Buyer's Agent

David Hayes

Coldwell Banker Realty - Lexington

Coldwell Banker Realty - Lexington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,678

Year Built

  • Built in 1880

Lot Details

  • 4,691 Sq Ft Lot

Parking

  • 2 Car Garage
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Slate Roof
  • Rubber Roof
  • Stone

Interior Spaces

  • 4,480 Sq Ft Home
  • Open Floorplan
  • Living Room
  • Dining Room
  • Storage
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Outdoor Features

  • Bulkhead
  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Baseboard Heating
  • 100 Amp Service

Listing and Financial Details

  • Total Actual Rent $9,700
  • Rent includes unit 1(water hot water), unit 2(water hot water), unit 3(water hot water)

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Recreation

  • Jogging Path

Additional Features

  • Shops
  • Net Operating Income $116,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,678

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1880
  • Buyer Agency: 2.5
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Hardwood, Wood
  • Interior Amenities: Storage, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Open Floorplan, Walk-In Closet(s), Bathroom With Tub & Shower, Remodeled, Living Room, Dining Room, Kitchen, Laundry Room
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Freezer, Washer, Dryer
  • Total Bedrooms: 7
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full, Partial, Finished, Partially Finished, Bulkhead, Unfinished
  • Living Area: 4480
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN7970
  • LIST PRICE PER Sq Ft: 390.4
  • PRICE PER Sq Ft: 378.35
  • MAIN SO: AN6181

Exterior Features

  • Construction Materials: Frame, Stone
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Roof: Slate, Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Natural Gas, Unit Control
  • Cooling Y N: Yes
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Highway Access, Public School, T-Station
  • Rent Includes: Unit 1(Water,Hot Water), Unit 2(Water,Hot Water), Unit 3(Water,Hot Water)
  • Senior Community YN: No

Lot Info

  • Zoning: CB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4691
  • Lot Size Units: Acres
  • PAGE: 6
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11678.5
  • Tax Book Number: 7212

Multi Family

  • Gross Income: 116400
  • Net Operating Income: 116400
  • Number Of Units Total: 3
  • Total Actual Rent: 9700
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEVELS 2: 2
  • LEVELS 3: 3
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2018
Sold by
Gogos James and Gogos Christine E
Bought by
Timur Oripova Surayyokhon and Timur Abdurakhmonov
Current Estimated Value
$1,667,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 1991
Sold by
Sumter Fifteen Corp
Bought by
Gogos James and Gogos Christine E
Source: Public Records

Range of Values:

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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
Timur Oripova Surayyokhon $995,000 None Available
Gogos James $160,000 --
Gogos James $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lim Stanley Y $1,181,000
Closed Li Chen $1,186,350
Closed Oripova Surayyakhon $595,000
Closed Oripova Surayyokhon $600,000
Previous Owner Gogos James $350,000
Previous Owner Gogos Christine E $325,000
Previous Owner Gogos James $107,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2024 07/03/24 Sold $1,695,000 -3.1% $378 / Sq Ft
05/09/2024 05/09/24 Pending -- -- --
04/20/2024 04/20/24 For Sale $1,749,000 0.0% $390 / Sq Ft
01/18/2023 01/18/23 Rented $4,200 -6.7% --
01/08/2023 01/08/23 Under Contract -- -- --
10/27/2022 10/27/22 For Rent $4,500 -- --
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 $15,213 $1,302,500 $591,500 $711,000
2024 $14,694 $1,255,900 $600,300 $655,600
2023 $16,182 $1,191,600 $562,800 $628,800
2022 $14,990 $1,131,300 $517,700 $613,600
2021 $13,105 $1,069,800 $480,200 $589,600
2020 $12,150 $1,000,800 $480,200 $520,600
2019 $12,380 $961,200 $480,200 $481,000
2018 $12,419 $922,000 $480,200 $441,800
2017 $11,669 $840,100 $465,200 $374,900
2016 $10,839 $792,300 $420,200 $372,100
2015 $9,821 $653,400 $378,900 $274,500
2014 $9,550 $638,400 $363,900 $274,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73220578

MLS Property Information Network (MLS PIN)

APN: WATE-001010-000014