NOT LISTED FOR SALE

14 Varnum St Arlington, MA 02474

East Arlington Neighborhood

Estimated Value: $1,457,000 - $1,624,000

7 Beds
3 Baths
3,429 Sq Ft
$454/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $1,300,000 $379 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $9,633/month

21 Days on Market

About This Home

As of December 2021

Rare opportunity to purchase 3 3-family homes! To be sold as a package with 75 Mystic Street (MLS 72907717) & 77-79 Mystic Street (MLS 72907718) with asking price of $3,595,000. Well maintained multi-family home is situated in the heart of vibrant East Arlington, close to top-rated restaurants and shops w/ easy access to multiple modes of transportation including Mass. Ave. bus routes into Cambridge & Somerville, Red Line to Boston and the Bikeway. This 16-room, 7-bed, 3-bath home consists of 3 tenanted units. The main level is a 2-bed, 2-bath unit w/ front porch and back deck. The second level is a 3-bed, 1-bath unit w/ front and back decks. The third level is a 2-bed, 1-bath unit w/ back deck. Period details include stained glass windows, hardwood floors, beautiful moldings and high ceilings throughout. Units have in-unit laundry. There is a large driveway with plenty of off-street parking. So much value in a single location, this is a rare opportunity to make a solid investment

Last Agent to Sell the Property

Steve McKenna

Gibson Sotheby's International Realty Listed on: 10/13/2021

Gibson Sotheby's International Realty

Last Buyer's Agent

Steve McKenna

Gibson Sotheby's International Realty Listed on: 10/13/2021

Gibson Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,579

Year Built

  • 1912

Lot Details

  • 4,792

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,579

Year Built

1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Directions: Mass Ave to Varnum St
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1912

Interior Features

  • Appliances: Unit 1(Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer), Unit 3(Range,Dishwasher,Microwave,Refrigerator,Washer,Dryer)
  • Has Basement: Full
  • Total Bathrooms: 3
  • MAIN LO: BB5918
  • LIST PRICE PER Sq Ft: 400.99
  • PRICE PER Sq Ft: 379.12
  • MAIN SO: BB5918
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace: No
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Stories: 3

Exterior Features

  • Roof: Shingle
  • Foundation Details: Block
  • Construction Type: Frame
  • Disclosures: See Attached Lead Paint Info. To The Best Of The Sellers Knowledge The Visible Knob And Tube In The Basement Is Disconnected And Left In Place
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street
  • Open Parking: Yes
  • Total Parking Spaces: 5

Utilities

  • Electric: Circuit Breakers
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access

Schools

  • Elementary School: Hardy
  • High School: Ahs
  • Middle Or Junior School: Ottoson

Lot Info

  • LOT SIZE: 4812
  • PAGE: 157
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 4791.6
  • Zoning: R2

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2
  • Annual Gross Income: 82200
  • Property Net Operating Income: 82200
  • Number Of Units Total: 3
  • Total Actual Rent: 6850

Tax Info

  • Tax Annual Amount: 13314
  • Tax Book Number: 1198
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 18, 1995
Sold by
Rossi Guerino J and Rossi Alice H
Bought by
14 Varnum Street Nt and Kennedy
Current Estimated Value
$1,556,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7.7%
Mortgage Type
Purchase Money Mortgage
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
14 Varnum Street Nt $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 14 Varnum Street Nt $150,000
Closed 14 Varnum Street Nt $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $1,300,000 -5.5% $379 / Sq Ft
11/04/2021 11/04/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $1,375,000 -- $401 / 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 $14,579 $1,353,700 $586,900 $766,800
2024 $13,315 $1,257,300 $558,700 $698,600
2023 $13,610 $1,214,100 $468,400 $745,700
2022 $13,598 $1,190,700 $451,500 $739,200
2021 $13,134 $1,158,200 $451,500 $706,700
2020 $12,809 $1,158,100 $451,500 $706,600
2019 $11,182 $993,100 $479,700 $513,400
2018 $10,472 $863,300 $349,900 $513,400
2017 $9,006 $717,000 $304,800 $412,200
2016 $8,599 $671,800 $259,600 $412,200
2015 $8,434 $622,400 $254,000 $368,400
Source: Public Records

Agents Affiliated with this Home

  • Steve McKenna

    Seller's Agent in 2021

    Steve McKenna

    Gibson Sotheby's International Realty

    (781) 645-0505

    43 in this area

    523 Total Sales

    Steve McKenna
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72907714

MLS Property Information Network (MLS PIN)

APN: ARLI-000003-000005-000033

Massachusetts Middlesex County Arlington 02474 East Arlington

14 Varnum St, Arlington, MA

This home is located at 14 Varnum St, Arlington, MA 02474 since 13 October 2021 and is currently estimated at $1,556,911, approximately $454 per square foot. This property was built in 1912. 14 Varnum St is a home located in Middlesex County with nearby schools including Hardy Elementary School, Ottoson Middle School, and Arlington High School.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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