NOT LISTED FOR SALE

16 Reed Ave Everett, MA 02149

Glendale Neighborhood

Estimated Value: $718,866 - $788,000

4 Beds
2 Baths
1,629 Sq Ft
$466/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $660,000 $405 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,587/month

4 Days on Market

Highlights

  • Property is near public transit
  • Heating Available
  • 5-minute walk to Glendale Park

About This Home

As of May 2022

Good looking 2 family with big storage barn in up and coming Everett. the upstairs apartment has 3 bedrooms on 2 levels and a spacious 1 bedroom on the 1st floor. Bus stop at the corner, schools and shopping just minutes away!

Last Agent to Sell the Property

Philip Terban

Century 21 North East Listed on: 03/30/2022

Century 21 North East

Last Buyer's Agent

Silvia Monteiro

Dell Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,458

Year Built

  • Built in 1900

Lot Details

  • 4,792

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,629 Sq Ft Home
  • Property has 2 Levels
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Utilities

  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • 4,792 Sq Ft Lot
  • Property is near public transit

Community Details

  • 2 Units
  • Net Operating Income $45,000

Listing and Financial Details

  • Total Actual Rent $3,750
  • Assessor Parcel Number M:M0 B:02 L:000035,484147

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,458

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher), Unit 2(Range), Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • Living Area: 1629
  • Stories Total: 3
  • MAIN LO: AN4339
  • MAIN SO: AN1378

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Heating: Unit 1(Hot Water Radiators,Gas), Unit 2(Hot Water Radiators,Gas)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation

Lot Info

  • Parcel Number: M:M0 B:02 L:000035,484147
  • Zoning: DD
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • LOT SIZE: 5001

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5458

Multi Family

  • Net Operating Income: 45000
  • Number Of Units Total: 2
  • Total Actual Rent: 3750
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
May 19, 2022
Sold by
Ep & Sp Holdings Inc
Bought by
Bispo Renato C
Seller's Agent
Philip Terban
Century 21 North East
Buyer's Agent
Silvia Monteiro
Dell Realty Inc.
List Price
$670,000
Sold Price
$660,000
Premium/Discount to List
-$10,000
-1.49%
Current Estimated Value
$760,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,157
Avg. Annual Appreciation
3.96%
Original Mortgage
$495,000
Outstanding Balance
$466,463
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$292,254

Purchase Details

Closed on
Jul 11, 2019
Sold by
Pires Edward C and Pires Susan A
Bought by
Ep & Sp Holdings Inc

Purchase Details

Closed on
Mar 10, 2016
Sold by
Ep Sp Holdings Inc
Bought by
Pires Susan A and Pires Edward C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,100
Interest Rate
3.68%

Purchase Details

Closed on
Jan 27, 2016
Sold by
Ep & Sp Holdings Inc
Bought by
Pires Edward C and Pires Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,100
Interest Rate
3.68%

Purchase Details

Closed on
Apr 7, 2009
Sold by
Pires Edward C and Pires Susan A
Bought by
Ep & Sp Holdings Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2009
Sold by
Ep & Sp Holdings Inc
Bought by
Pires Edward C and Pires Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2007
Sold by
Pires Edward C and Pires Susan A
Bought by
Ep & Sp Holdings Inc

Purchase Details

Closed on
Feb 29, 2000
Sold by
Mazzeo Robert J and Mazzeo Theresa S
Bought by
Pires Edward C and Pires Susan A
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
Bispo Renato C $660,000 None Available
Ep & Sp Holdings Inc -- --
Pires Susan A -- --
Pires Edward C -- --
Ep & Sp Holdings Inc -- --
Ep&Sp Holdings Inc -- --
Pires Edward C -- --
Pires Edward C -- --
Ep & Sp Holdings Inc -- --
Ep&Sp Holdings Inc -- --
Pires Edward C $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bispo Renato C $495,000
Previous Owner Pires Edward C $275,100
Previous Owner Pires Edward C --
Previous Owner Pires Edward C $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2022 05/19/22 Sold $660,000 -1.5% $405 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $670,000 -- $411 / 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 $7,247 $636,300 $270,000 $366,300
2024 $6,624 $578,000 $240,000 $338,000
2023 $6,369 $540,700 $220,000 $320,700
2022 $5,458 $526,800 $210,000 $316,800
2021 $4,871 $493,500 $188,000 $305,500
2020 $5,146 $483,600 $188,000 $295,600
2019 $5,270 $425,700 $179,000 $246,700
2018 $5,183 $376,100 $156,000 $220,100
2017 $4,608 $319,100 $120,000 $199,100
2016 $4,332 $299,800 $120,000 $179,800
2015 $4,114 $281,600 $112,800 $168,800
Source: Public Records

Agents Affiliated with this Home

  • Philip Terban

    Seller's Agent in 2022

    Philip Terban

    Century 21 North East

    (781) 864-4414

    8 in this area

    30 Total Sales

    Philip Terban
    Section Image
  • Silvia Monteiro

    Buyer's Agent in 2022

    Silvia Monteiro

    Dell Realty Inc.

    (617) 682-2351

    3 in this area

    70 Total Sales

    Silvia Monteiro
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72959526

MLS Property Information Network (MLS PIN)

APN: EVER-000000-M000002-000035

Massachusetts Middlesex County Everett 02149 Glendale

16 Reed Ave, Everett, MA

Not Listed for Sale

MultiFamily

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