NOT LISTED FOR SALE

Estimated Value: $1,002,000 - $1,129,508

6 Beds
4 Baths
3,100 Sq Ft
$344/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $730,000 $235 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,762/month

7 Days on Market

About This Home

As of April 2019

Fantastic investment opportunity in a prime Everett location. 16 Argyle Street is a fully-tenanted 3-unit property with tremendous curb appeal. Reliable "at will" tenants are in place with units 1 and 3 already reflecting market rates. Unit one is home to 3 bedrooms and 1.5 baths, along with exclusive access to an additional suite in the basement. Unit 2 is a long-term tenant occupying a 2 bedroom unit. Unit 3 is a one bedroom unit that features a roof deck. Property has separate utilities for all units, gas furnaces (3rd unit is electric baseboard), a private driveway, and rear deck. Also, UNITS 2 AND 3 HAVE LEAD CERTIFICATES.

Last Listed By

Andrew McCaul

Coldwell Banker Realty - Cambridge Listed on: 02/26/2019

Coldwell Banker Realty - Cambridge

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,967

Year Built

  • Built in 1920

Lot Details

  • 3,485

Flooring

  • Wall to Wall Carpet
  • Tile

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:L0 B:01 L:000137

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,967

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 225.77
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1920

Interior Features

  • Flooring: Tile, Wall to Wall Carpet
  • Total Flrs: 6
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Fbh: 3
  • Total Hbh: 1
  • No Rooms: 13
  • Basement: Y
  • Basement Features: Full, Partially Finished
  • Main Lo: AN1982
  • Main So: AC0756
  • Estimated Sq Ft: 3100.00
  • Basement Included Sq Ft: Yes

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heat Zones: 3

Lot Info

  • Assessments: 465600.00
  • Acre: 0.08
  • Lot Size: 3332.00
  • Page: 599
  • Parcel Number: M:L0 B:01 L:000137
  • Zoning: DD
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Heat Units: 3
  • Total Levels: 4
  • Total Rent: 4800
  • Total Rms: 16
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 5764.00
  • Assessor Parcel Number: 482725

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2020
Sold by
Munther J Haddad 2017 Lt
Bought by
Munther-Haddad Andre
Total Days on Market
7
Current Estimated Value
$1,044,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,000
Outstanding Balance
$495,664
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$570,463

Purchase Details

Listed on
Feb 26, 2019
Closed on
Apr 29, 2019
Sold by
Thiel Dorothy L
Bought by
Munther J Haddad 2017 Lt
Seller's Agent
Andrew McCaul
Coldwell Banker Realty - Cambridge
Buyer's Agent
Maria Mastromarino
Cameron Real Estate Group
List Price
$699,900
Sold Price
$730,000
Premium/Discount to List
$30,100
4.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%
Original Mortgage
$547,500
Interest Rate
4.3%
Mortgage Type
New Conventional

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
Munther-Haddad Andre -- None Available
Munther J Haddad 2017 Lt $730,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munther-Haddad Andre $552,000
Previous Owner Munther J Haddad 2017 Lt $547,500
Previous Owner Munther J Haddad 2017 Lt $547,500
Previous Owner Panarese Dorothy L $300,000
Previous Owner Panarese Dorothy L $25,000
Previous Owner Thiel Dorothy L $2,400,000
Previous Owner Thiel Michael S $206,000
Previous Owner Panarese Dorothy L $164,000
Previous Owner Panarese Dorothy L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $730,000 +4.3% $235 / Sq Ft
03/05/2019 03/05/19 Pending -- -- --
02/26/2019 02/26/19 For Sale $699,900 -- $226 / 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 $10,967 $962,900 $245,000 $717,900
2024 $10,166 $887,100 $224,000 $663,100
2023 $10,024 $850,900 $214,700 $636,200
2022 $7,830 $755,800 $196,000 $559,800
2021 $6,985 $707,700 $165,700 $542,000
2020 $7,122 $669,400 $165,700 $503,700
2019 $5,764 $465,600 $154,500 $311,100
2018 $5,500 $399,100 $134,400 $264,700
2017 $4,992 $345,700 $102,700 $243,000
2016 $4,637 $320,900 $102,000 $218,900
2015 $4,304 $294,600 $88,700 $205,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72457129

MLS Property Information Network (MLS PIN)

APN: EVER-000000-L000001-000137