NOT LISTED FOR SALE

16 Forest Ave Natick, MA 01760

Estimated Value: $787,000 - $886,000

4 Beds
2 Baths
2,027 Sq Ft
$409/Sq Ft Est. Value

Last Sold June 08, 2017

Last sale price $490,000 $242 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,024/month

3 Days on Market

About This Home

As of June 2017

Opportunity knocks! This is your chance to own a Two family home in the heart of Natick Center. Rent both units or live in one and rent the other to help with expenses. This home is dated and needs TLC but has tons of potential. Electric and Gas utilities separated. Amazing location just steps from all that Natick Center offers including shops, restaurants, farmer's market, TCAN, Morse Library and commuter rail T-Station. Home being sold "As-Is." Seller's request highest and best offers by 5PM on 4/30.

Last Agent to Sell the Property

Steve Leavey

Keller Williams Realty Listed on: 04/28/2017

Keller Williams Realty

Last Buyer's Agent

Greg Richard

Realty Executives Boston West

Realty Executives Boston West

Property Details

Home Type

Multi-Family

Year Built

1880

Lot Details

0

Listing Details

  • Lot Description: Level
  • Property Type: Multi-family
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation
  • Basement: Full, Unfinished Basement
  • Full Bathrooms: 2
  • Total Levels: 2
  • Main Lo: AN2754
  • Main So: BB5398
  • Estimated Sq Ft: 2027.00

Exterior Features

  • Construction: Frame
  • Exterior Features: Porch
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:00000051 P:00000179
  • Zoning: RSA
  • Acre: 0.11
  • Lot Size: 4661.00

Multi Family

  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 10
  • Multi Family Type: 2 Family - 2 Units Up/Down

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2017
Closed on
Jun 8, 2017
Sold by
Bosselman Rt
Bought by
Nagendra Mithila
Seller's Agent
Steve Leavey
Keller Williams Realty
Buyer's Agent
Greg Richard
Realty Executives Boston West
List Price
$459,900
Sold Price
$490,000
Premium/Discount to List
$30,100
6.54%
Current Estimated Value
$829,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,569
Avg. Annual Appreciation
6.32%
Original Mortgage
$465,500
Outstanding Balance
$383,816
Interest Rate
3.88%
Mortgage Type
FHA
Estimated Equity
$445,753

Purchase Details

Closed on
Feb 17, 2011
Sold by
Bosselman Arthur C and Bosselman Patricia
Bought by
Bosselman Tr Arthur C and Bosselman Patricia G

Purchase Details

Closed on
Jan 28, 2004
Sold by
Foster Patricia F and Foster Randall S
Bought by
Bosselman Arthur C and Bosselman Patricia

Purchase Details

Closed on
Feb 18, 1994
Sold by
Peabody Michael E and Trudeau Barbara O
Bought by
Foster Randall S and Foster Patricia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,360
Interest Rate
7.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nagendra Mithila $490,000 --
Bosselman Tr Arthur C -- --
Bosselman Arthur C $420,000 --
Foster Randall S $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nagendra Mithila $465,500
Previous Owner Foster Randall S $204,750
Previous Owner Foster Randall S $171,360
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2017 06/08/17 Sold $490,000 +6.5% $242 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $459,900 -- $227 / 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 $8,295 $693,600 $389,900 $303,700
2024 $7,976 $650,600 $368,200 $282,400
2023 $7,710 $610,000 $346,500 $263,500
2022 $7,432 $557,100 $316,200 $240,900
2021 $7,143 $524,800 $298,900 $225,900
2020 $6,642 $488,000 $272,900 $215,100
2019 $6,202 $488,000 $272,900 $215,100
2018 $5,713 $437,800 $259,900 $177,900
2017 $4,958 $367,500 $229,600 $137,900
2016 $4,678 $344,700 $215,200 $129,500
2015 $4,802 $347,500 $215,200 $132,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Steve Leavey

    Keller Williams Realty

    (508) 380-9365

    90 in this area

    152 Total Sales

    Steve Leavey
    Section Image
  • Greg Richard

    Buyer's Agent in 2017

    Greg Richard

    Realty Executives

    (508) 341-7528

    10 in this area

    72 Total Sales

    Greg Richard
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72154693

MLS Property Information Network (MLS PIN)

APN: NATI-000051-000000-000179

Massachusetts Middlesex County Natick 01760

16 Forest Ave, Natick, MA

Not Listed for Sale

MultiFamily

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