NOT LISTED FOR SALE

16 Oak Hill Rd Unit 18 Waltham, MA 02451

Highlands Neighborhood

Estimated Value: $744,000 - $963,000

3 Beds
2 Baths
1,830 Sq Ft
$488/Sq Ft Est. Value

Last Sold September 08, 2021

Last sale price $765,000 $418 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,390/month

5 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Cooling Available
  • Wood Flooring
  • Tandem Parking
  • Shops

About This Home

As of September 2021

Incredible opportunity to own a well-maintained two-family home in the desirable Highlands neighborhood of Waltham as an investment or owner-occupied home. A lovely porch offers a welcoming entrance to the two units. The first-floor unit offers a living room, dining room, updated kitchen and bath, bedroom and office/den. The second level unit has a similar layout with an additional bedroom and includes a nice front balcony providing additional outdoor space. Filled with character, charm and quality craftsmanship, both units feature all-natural woodwork, hardwood floors, skyline views of Boston, and a large unfinished basement for storage and laundry.This home has had many recent updates including; mini split systems providing heating and central AC, newer windows, gas hot water heaters (2020), updated electrical, insulation, new garage doors and more. Enjoy the convenient location, nearby public transportation, Prospect Hill Park, Brandeis University, Waltham Center, routes 20 and 95.

Last Listed By

Pirani & Wile Group

Advisors Living - Winchester Listed on: 07/15/2021

Advisors Living - Winchester

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,205

Year Built

  • Built in 1930

Lot Details

  • 7,405 Sq Ft Lot
  • Street terminates at a dead end

Parking

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

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,830 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating Available
  • Separate Meters
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Porch
  • Property is near public transit

Community Details

  • 2 Units
  • Shops
  • Net Operating Income $27,600

Listing and Financial Details

  • Total Actual Rent $2,300
  • Assessor Parcel Number M:050 B:039 L:0006,833931

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,205

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1930
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Vinyl, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Storage,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower,Open Floor Plan), Unit 2(Storage,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower,Open Floor Plan), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Office/Den), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Office/Den)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Washer,Dryer), Unit 2(Range,Dishwasher,Disposal,Washer,Dryer), Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Unfinished
  • Living Area: 1830
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN4643
  • LIST PRICE PER Sq Ft: 409.78
  • PRICE PER Sq Ft: 418.03
  • MAIN SO: AN5498

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public, Dead End
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Shared Driveway, Off Street, Tandem
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Unit 1(Ductless Mini-Split System), Unit 2(Ductless Mini-Split System)
  • Heating: Unit 1(Electric,Ductless Mini-Split System), Unit 2(Electric,Ductless Mini-Split System)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping

Lot Info

  • Parcel Number: M:050 B:039 L:0006,833931
  • Zoning: 1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7405.2
  • Lot Size Units: Acres
  • LOT SIZE: 7405
  • PAGE: 432

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7205
  • Tax Book Number: 72140

Multi Family

  • Gross Income: 27600
  • Net Operating Income: 27600
  • Number Of Units Total: 2
  • Total Actual Rent: 2300
  • LEVELS 1: 1
  • COOLING UNITS: 2
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Sep 8, 2021
Sold by
Allen Greogry D and Paull Meleah
Bought by
Prezel-Gamble Karsten and Defeo Anya J
Seller's Agent
Pirani & Wile Group
Advisors Living - Winchester
Buyer's Agent
Candor Realty Group
Four Points Real Estate, LLC
List Price
$749,900
Sold Price
$765,000
Premium/Discount to List
$15,100
2.01%
Total Days on Market
5
Current Estimated Value
$893,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,276
Avg. Annual Appreciation
4.65%
Original Mortgage
$688,500
Outstanding Balance
$634,586
Interest Rate
2.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$269,198

Purchase Details

Closed on
Jan 14, 2019
Sold by
Pilette Yvan P and Ishikawa Takako
Bought by
Allen Gregory D and Paull Meleah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$631,700
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2007
Sold by
Have T and Pilette Marsha J
Bought by
Pilette Yvan P and Ishikawa Takako

Range of Values:

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Average Value
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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
Prezel-Gamble Karsten $765,000 None Available
Allen Gregory D $665,000 None Available
Pilette Yvan P $500,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prezel-Gamble Karsten $688,500
Previous Owner Allen Gregory D $631,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $765,000 +2.0% $418 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $749,900 -- $410 / 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 $7,786 $792,900 $404,000 $388,900
2024 $7,273 $754,500 $404,000 $350,500
2023 $7,259 $703,400 $366,600 $336,800
2022 $7,433 $667,200 $344,100 $323,100
2021 $7,205 $636,500 $314,200 $322,300
2020 $6,772 $566,700 $284,400 $282,300
2019 $6,533 $516,000 $284,400 $231,600
2018 $2,687 $470,200 $263,300 $206,900
2017 $5,606 $446,300 $239,400 $206,900
2016 $5,371 $438,800 $231,900 $206,900
2015 $5,151 $392,300 $216,900 $175,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72866150

MLS Property Information Network (MLS PIN)

APN: WALT-000050-000039-000006