$950,000
SOLD NOV 22, 2024
6 Beds
3.5 Baths
3,293 Sq Ft
10,450 Sq Ft Lot

Recently Sold

$288 Per Sq Ft

3% Below List Price

56 Days on Market

About This Home

As of November 2024

Discover this exceptional multi-family property, featuring two spacious, townhouse-style units in pristine move-in condition! Each unit offers a well-appointed kitchen, a comfortable living room, and a dedicated dining area. The first unit boasts two full bathrooms and a private patio accessible through the rear door, while the second unit includes 1.5 bathrooms and an expansive deck with scenic views of the generous yard. Ample off-street parking is available via the driveway, and both units come fully equipped with modern appliances, including a range, dishwasher, microwave, refrigerator, washer, and dryer. Located in a prime Wakefield location near Downtown, this property is just minutes from Lake Quannapowitt and public transportation. It's a perfect opportunity for investors or homeowners looking to generate additional income.

Last Agent to Sell the Property

ZhiChao Chen

Space Realty Listed on: 09/05/2024

Last Buyer's Agent

Toshivv Kumar

Stuart St James, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,051

Year Built

  • Built in 1900

Lot Details

  • 10,450 Sq Ft Lot

Home Design

  • Stone Foundation

Interior Spaces

  • 3,293 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Community Details

  • 2 Units
  • Net Operating Income $66,000

Listing and Financial Details

  • Total Actual Rent $5,500
  • Assessor Parcel Number M:000017 B:0037 P:000170

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,051

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bathrooms: 3.5
  • Basement: Full
  • Living Area: 3293
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: AN7192
  • LIST PRICE PER Sq Ft: 297.3
  • PRICE PER Sq Ft: 288.49
  • MAIN SO: AC1022

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront Features: Beach Front, Lake/Pond, 1 to 2 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:000017 B:0037 P:000170
  • Zoning: GR
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Sq Ft: 10450
  • Lot Size Units: Acres
  • PAGE: 70
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10051
  • Tax Book Number: 79489

Multi Family

  • Gross Income: 66000
  • Net Operating Income: 66000
  • Number Of Units Total: 2
  • Total Actual Rent: 5500
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 23, 2001
Sold by
Mitchell Scott and Mitchell Kristen
Bought by
Mitchell Mark and Mitchell Susan M
Current Estimated Value
$996,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 2, 1987
Sold by
Mueller Donald N
Bought by
Mitchell Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
9.59%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Deed $75,000 --
Deed $168,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $712,500 Purchase Money Mortgage
Closed $712,500 Purchase Money Mortgage
Closed $501,000 Purchase Money Mortgage
Closed $211,000 No Value Available
Closed $50,000 No Value Available
Closed $230,000 No Value Available
Closed $230,000 No Value Available
Closed $200,000 Purchase Money Mortgage
Previous Owner $130,000 No Value Available
Previous Owner $143,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Sold $950,000 -3.0% $288 / Sq Ft
10/31/2024 10/31/24 Pending -- -- --
09/05/2024 09/05/24 For Sale $979,000 +17.2% $297 / Sq Ft
01/06/2022 01/06/22 Sold $835,000 +11.3% $254 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $750,000 -- $228 / 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 $10,198 $898,500 $391,100 $507,400
2024 $10,051 $893,400 $388,900 $504,500
2023 $10,267 $875,300 $354,600 $520,700
2022 $9,830 $797,900 $323,000 $474,900
2021 $9,261 $727,500 $301,100 $426,400
2020 $8,685 $680,100 $281,400 $398,700
2019 $8,297 $646,700 $267,600 $379,100
2018 $7,726 $596,600 $246,800 $349,800
2017 $7,266 $557,600 $230,700 $326,900
2016 $6,833 $506,500 $218,200 $288,300
2015 $6,387 $473,800 $203,900 $269,900
2014 $5,826 $455,900 $196,100 $259,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73286042

MLS Property Information Network (MLS PIN)

APN: WAKE-000017-000037-000170