NOT LISTED FOR SALE

157 Nahant Rd Nahant, MA 01908

Estimated Value: $937,226

2 Beds
5 Baths
2,873 Sq Ft
$326/Sq Ft Est. Value

Last Sold May 16, 2016

Last sale price $500,000 $174 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $5,504/month

173 Days on Market

About This Home

As of May 2016

Endless possibilities for this versatile property. Building is across from ocean affording expansive oceanviews. Two commercial spaces(subject to permitted uses) has an additional structure in rear of building.. Three rental units with oceanviews. More than ample parking 6 cars, behind building , with a raised grass and tree area as well.Plot plan and deed on request. This property is a diamond in the rough, the ocean views are fantastic and a beautiful sandy beach is across the street. Property is in flood plain Three rental units include heat,hw and trash..Restrictions apply

Last Agent to Sell the Property

Karen Canty

Nahant Associates, Inc. Listed on: 10/09/2015

Last Buyer's Agent

Andy Mass

Mass Realty Properties

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,068

Year Built

1885

Lot Details

0

Listing Details

  • Lot Description: Flood Plain, Scenic View(s)
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Insc: 5496
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1885

Interior Features

  • Has Basement: No
  • Number of Rooms: 13
  • Amenities: Public Transportation, Tennis Court, Park, Walk/Jog Trails, Golf Course, House of Worship, Public School
  • Electric: 110 Volts, 220 Volts, Fuses, Circuit Breakers
  • Energy: Storm Windows
  • Flooring: Wood
  • Total Levels: 4

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Frontage: 50.00
  • Waterfront Property: Yes
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed, Deck
  • Foundation: Concrete Block
  • Beach: Ocean
  • Beach Ownership: Public
  • Waterfront: Ocean, Walk to
  • Waterview Flag: Yes

Garage/Parking

  • Parking: Common, Stone/Gravel
  • Parking Spaces: 5

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: mwra

Condo/Co-op/Association

  • Total Units: 5

Lot Info

  • Zoning: res/comm

Multi Family

  • Foundation: 49X57
  • Heat Units: 2
  • Total Bedrooms: 2
  • Total Floors: 9
  • Total Full Baths: 3
  • Total Half Baths: 2
  • Total Levels: 3
  • Total Rms: 12
  • Total Rent_1: 1850
  • Waterview: Ocean, Walk to

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2015
Closed on
May 16, 2016
Sold by
Nahant Road Realty Llc
Bought by
Sdv Rt and Viviano
Seller's Agent
Karen Canty
Nahant Associates, Inc.
Buyer's Agent
Andy Mass
Mass Realty Properties
List Price
$575,000
Sold Price
$500,000
Premium/Discount to List
-$75,000
-13.04%
Current Estimated Value
$937,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,226
Avg. Annual Appreciation
6.79%
Original Mortgage
$375,000
Outstanding Balance
$297,401
Interest Rate
3.71%
Mortgage Type
Commercial
Estimated Equity
$639,825

Purchase Details

Closed on
May 23, 2006
Sold by
157 Nahant Road Rt and Bongiorno
Bought by
Nahant Road Realty Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sdv Rt $500,000 --
Nahant Road Realty Llc -- --
Nahant Road Realty Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sdv Rt $375,000
Closed Nahant Road Realty Llc $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2016 05/16/16 Sold $500,000 -13.0% $174 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $575,000 0.0% $200 / Sq Ft
01/05/2016 01/05/16 Pending -- -- --
10/09/2015 10/09/15 For Sale $575,000 -- $200 / 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 $7,068 $772,500 $499,900 $272,600
2024 $6,752 $744,400 $478,600 $265,800
2023 $6,220 $684,300 $468,000 $216,300
2022 $5,741 $586,400 $436,100 $150,300
2021 $5,809 $552,700 $404,200 $148,500
2020 $6,019 $548,700 $404,200 $144,500
2019 $5,986 $548,700 $404,200 $144,500
2018 $5,624 $548,700 $404,200 $144,500
2017 $5,695 $543,900 $404,200 $139,700
2016 $7,550 $717,700 $457,300 $260,400
2015 $7,525 $689,100 $424,900 $264,200
2014 $7,173 $650,300 $386,100 $264,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71917336

MLS Property Information Network (MLS PIN)

APN: NAHA-000016-000000-000050