NOT LISTED FOR SALE

Estimated Value: $1,039,000 - $1,193,000

5 Beds
3 Baths
2,817 Sq Ft
$396/Sq Ft Est. Value

Last Sold January 07, 2014

Last sale price $549,999 $195 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $7,045/month

102 Days on Market

Highlights

  • Medical Services
  • Spa
  • Property is near public transit
  • Merrymount Elementary School Rated A-
  • Waterfront
  • Post and Beam

About This Home

As of January 2014

Wollaston Locale! Multifamily Home Situated Near Central Middle, Walking Distance To Wollaston or Quincy Center T and Bus Line, Nearby Amenities Include Park, Beach, Retails And Restaurants. Updated Units Feature Renovated Kitchens, Insulated Windows, Hardwood Floors Throughout, Recessed Lights, Updated Bathrooms, Spacious Living/Dining Areas, Good Size Bedrooms, And Finished Loft. Property Also Boosts Newer Furnaces, Updated Electrical, Newer Roof, Renovated Private Sun-porches, Two Car-Garage, And Functional Floor Plans. A Terrific Opportunity To Own It As An Owner-Occupy Or Investment Property. View It To Embrace!

Last Agent to Sell the Property

calvin law

LAER Realty Partners Listed on: 09/23/2013

LAER Realty Partners

Last Buyer's Agent

Move 2 Boston Group

William Raveis R.E. & Home Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,232

Year Built

  • Built in 1926 | Remodeled

Lot Details

  • 6,534 Sq Ft Lot
  • Waterfront
  • Street terminates at a dead end
  • Fenced
  • Level Lot
  • Cleared Lot
  • Garden

Parking

  • 2 Car Garage
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Manufactured Home on a slab
  • Post and Beam
  • Stone Foundation
  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Stone

Interior Spaces

  • 2,817 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Window Screens
  • Screened Porch
  • Storage
  • Attic Ventilator
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Home Security

  • Storm Windows
  • Storm Doors

Eco-Friendly Details

  • Energy-Efficient Thermostat

Outdoor Features

  • Spa
  • Water Access
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Wollaston Elementary School
  • Central Middle School
  • North Quincy High School

Utilities

  • Cooling Available
  • 2 Heating Zones
  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,100
  • Rent includes unit 1(water other (see remarks)), unit 2(water other (see remarks))
  • Legal Lot and Block 3 / 13
  • Assessor Parcel Number 187551

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Building Details

  • Operating Expense $7,932
  • Net Operating Income $5,268

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,232

Year Built

Built in 1926 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled
  • Year Built: 1926
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Carpet,Laminate,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors,Stone/Ceramic Tile Floor)
  • Interior Amenities: Storage, Unit 1(Ceiling Fans,Pantry,Lead Certification Available,Crown Molding,Stone/Granite/Solid Counters,Upgraded Cabinets,Bathroom With Tub,Open Floor Plan), Unit 2(Ceiling Fans,Pantry,Lead Certification Available,Storage,Crown Molding,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub,Open Floor Plan), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Office/Den,Sunroom,Other (See Remarks)), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Family Room,Loft,Office/Den,Sunroom)
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Disposal), Unit 2(Range,Refrigerator), Gas Water Heater,Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Gas Dryer, Utility Connections for Electric Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Laundry Room, Washer Hookup
  • Basement: Full, Walk-Out Access, Interior Entry, Slab
  • Living Area: 2817
  • Spa Features: Unit 2 Jacuzzi/Whirlpool Soaking Tub
  • Spa YN: Yes
  • Stories Total: 3
  • Window Features: Insulated Windows, Storm Window(s), Screens
  • MAIN LO: BB2685
  • LIST PRICE PER Sq Ft: 201.99
  • PRICE PER Sq Ft: 195.24
  • MAIN SO: M59500

Exterior Features

  • Exterior Features: Rain Gutters, Garden
  • Construction Materials: Frame, Stone, Post & Beam
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone, Slab
  • Patio And Porch Features: Enclosed, Screened
  • Road Frontage Type: Public, Dead End
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Beach Access, Ocean, Direct Access, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem, Paved
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Gas Dryer, for Electric Dryer, Washer Hookup
  • Cooling: Unit 2(Window AC)
  • Heating: Unit 1(Hot Water Radiators,Gas,Individual,Unit Control,Wall Unit), Unit 2(Hot Water Radiators,Gas,Individual,Unit Control,Wall Unit)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public, Individual Meter
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, House of Worship, Private School, Public School, T-Station, University, Sidewalks
  • Rent Includes: Unit 1(Water,Other (See Remarks)), Unit 2(Water,Other (See Remarks))

Lot Info

  • Parcel Number: 187551
  • Zoning: RESC
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6534
  • Lot Size Units: Acres
  • LOT SIZE: 6575
  • PAGE: 452

Green Features

  • Green Energy Efficient: Attic Vent Elec., Thermostat

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 6232
  • Tax Block: 13
  • Tax Book Number: 9944
  • Tax Lot: 3
  • Tax Map Number: 5079

Multi Family

  • Gross Income: 13200
  • Net Operating Income: 5268
  • Number Of Units Total: 2
  • Operating Expense: 7932
  • Total Actual Rent: 1100
  • LEVELS 1: 1
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: North Quincy
  • Elementary School: Wollaston
  • Middle Or Junior School: Central Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2013
Closed on
Jan 7, 2014
Sold by
Kim Lam Lt
Bought by
Diep Mui
Seller's Agent
calvin law
LAER Realty Partners
Buyer's Agent
Move 2 Boston Group
William Raveis R.E. & Home Services
List Price
$569,000
Sold Price
$549,999
Premium/Discount to List
-$19,001
-3.34%
Current Estimated Value
$1,116,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$566,845
Avg. Annual Appreciation
5.65%
Original Mortgage
$300,000
Outstanding Balance
$228,530
Interest Rate
4.24%
Mortgage Type
New Conventional
Estimated Equity
$813,475

Purchase Details

Closed on
Oct 15, 2004
Sold by
Lam Fu Wing and Lam Kim
Bought by
Kim Lam Lt and Lam Kim

Purchase Details

Closed on
Jun 22, 1993
Sold by
Fennessy John and Fennessy Ellen
Bought by
Lam Fu W and Lam Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,700
Interest Rate
7.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Diep Mui $549,999 --
Kim Lam Lt -- --
Lam Fu W $181,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fennessy John $300,000
Previous Owner Lam Fu W $200,000
Previous Owner Fennessy John $126,700
Previous Owner Fennessy John $67,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2014 01/07/14 Sold $549,999 -3.3% $195 / Sq Ft
12/08/2013 12/08/13 Pending -- -- --
09/23/2013 09/23/13 For Sale $569,000 -- $202 / 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 $11,514 $998,600 $363,300 $635,300
2024 $11,037 $979,300 $363,300 $616,000
2023 $10,491 $942,600 $345,900 $596,700
2022 $10,170 $848,900 $276,700 $572,200
2021 $10,355 $853,000 $276,700 $576,300
2020 $9,761 $785,300 $276,700 $508,600
2019 $9,269 $738,600 $258,700 $479,900
2018 $8,623 $646,400 $235,100 $411,300
2017 $8,846 $624,300 $235,100 $389,200
2016 $7,823 $544,800 $213,800 $331,000
2015 $7,412 $507,700 $194,400 $313,300
2014 $6,324 $425,600 $185,100 $240,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71587216

MLS Property Information Network (MLS PIN)

APN: QUIN-005079-000013-000003