NOT LISTED FOR SALE

Estimated Value: $1,161,000 - $1,265,000

7 Beds
3 Baths
2,944 Sq Ft
$413/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $870,000 $296 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $7,201/month

57 Days on Market

Highlights

  • City View
  • Daniel Butler School Rated A+
  • Wood Flooring

About This Home

As of November 2020

Two family home in super location near Waverly Sq. featuring bay windows, high ceilings, hardwood floors, spacious eat in kitchens, tile baths, off street parking for FIVE CARS. Three spots in rear of house and two along side of house . Walk to shops and restaurants, Belmont theater,Butler Elementary, and bus to Harvard Sq. . Easy drive to route 2. COIN OP WASHER DRYER IN BASEMENT INCLUDED . THIS PROPERTY IS AN EXCELLENT OPPORTUNITY FOR EITHER THE FIRST TIME HOME BUYER OR THE SAVVY INVESTOR OFFERING EXCELLENT POTENTIAL INCOME, TAX DEDUCTIONS, AND LONG TERM GROWTH. PARKING FOR TWO CARS BEHIND THE HOUSE AS WELL AS TWO MORE ALONG SIDE THE HOUSE. SELLER HAS LETTERS OF LEAD PAINT COMPLIANCE FOR BOTH UNITS; SECOND FLOOR UNIT ON TWO LEVELS WOULD CONSIST OF 5-6 BEDROOMS, 2 FULL BATHS WHICH WOULD ACCOMODATE LARGE FAMILIES: Butler school 2 blocks away

Last Agent to Sell the Property

Gary Vrotsos

Coldwell Banker Realty - Cambridge Listed on: 07/20/2020

Coldwell Banker Realty - Cambridge

Co-Listed By

Gary S. Vrotsos

Coldwell Banker Realty - Cambridge

Last Buyer's Agent

Adrian Cheng

Move2Boston Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,009

Year Built

  • Built in 1938

Lot Details

  • 3,049

Flooring

  • Wood
  • Vinyl

Additional Features

  • City Views
  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,009

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Year Built Description: Actual
  • List Price Per Sq Ft: 281.59
  • Comp Based On: Net Sale Price
  • Year Built: 1938
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1938

Interior Features

  • Flooring: Wood, Vinyl
  • Total Flrs: 6
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 13
  • Basement: Y
  • Basement Features: Full, Unfinished Basement
  • Main Lo: AN6181
  • Main So: AN2603
  • Estimated Sq Ft: 2944.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Shingles, Asbestos
  • Exterior Features: City View(s)
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 5

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University

Lot Info

  • Assessments: 845000.00
  • Acre: 0.07
  • Lot Size: 3225.00
  • Page: 235
  • Zoning: res
  • Lot Description: Paved Drive, Shared Drive, City View(s), Level

Green Features

  • Energy Features: Storm Windows

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rent: 3950
  • Total Rms: 13
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 9295.00
  • Assessor Parcel Number: 357778
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
Oct 21, 2020
Sold by
Gallagher Paul J and Gallagher Margaret A
Bought by
Hsu Chunyih
Seller's Agent
Gary Vrotsos
Coldwell Banker Realty - Cambridge
Buyer's Agent
Adrian Cheng
Move2Boston Group, LLC
List Price
$890,000
Sold Price
$870,000
Premium/Discount to List
-$20,000
-2.25%
Current Estimated Value
$1,216,594

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,594
Avg. Annual Appreciation
7.11%
Original Mortgage
$652,500
Outstanding Balance
$579,306
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$637,288

Purchase Details

Closed on
Jul 30, 1993
Sold by
Seder Thomas E and Miller Aram
Bought by
Gallagher Paul J and Grover Margaret
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
Hsu Chunyih $870,000 None Available
Gallagher Paul J $172,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hsu Chunyih $652,500
Previous Owner Gallagher Paul J $50,000
Previous Owner Gallagher Paul J $27,000
Previous Owner Gallagher Paul J $160,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $870,000 +4.9% $296 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
09/10/2020 09/10/20 Price Changed $829,000 -3.5% $282 / Sq Ft
08/22/2020 08/22/20 Price Changed $859,000 -1.3% $292 / Sq Ft
07/29/2020 07/29/20 Price Changed $870,000 -2.2% $296 / Sq Ft
07/20/2020 07/20/20 For Sale $890,000 -- $302 / 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 $9,009 $791,000 $476,000 $315,000
2024 $9,251 $876,000 $630,000 $246,000
2023 $9,161 $815,000 $595,000 $220,000
2022 $9,791 $847,000 $544,000 $303,000
2021 $10,513 $911,000 $602,000 $309,000
2020 $9,295 $845,000 $503,000 $342,000
2019 $8,846 $758,000 $390,000 $368,000
2018 $8,724 $718,000 $354,000 $364,000
2017 $8,705 $686,000 $325,000 $361,000
2016 $8,101 $645,000 $289,000 $356,000
2015 $7,379 $572,000 $264,000 $308,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72694702

MLS Property Information Network (MLS PIN)

APN: BELM-000014-000123