NOT LISTED FOR SALE

Estimated Value: $734,000 - $828,000

3 Beds
1 Bath
1,307 Sq Ft
1926 Built

Last Sold June 03, 2016

Last sale price $489,000 $374 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,828/month

8 Days on Market

About This Home

As of June 2016

This roomy condo really does have it all! Renovated in 2005, this 7 room 3-bedroom 2nd floor home has all the bells and whistles, with the added bonus of a fantastic location. This 1920's home maintains the detail of this classic architecture: high ceilings, hardwood floors, built-in dining room hutch, and gumwood molding. The tasteful renovation modernized the kitchen and bath, added central air, and installed vinyl Harvey windows throughout. The walk-up attic with high ceilings is great for storage or future expansion. Garage parking, 7-year old boiler, 11-year old roof, pet friendly, private rear deck, Brackett School district. At less than a mile from both the Arlington Heights and Arlington Center business districts, 16 School Street has a “very walkable” 78 walk score. MBTA bus routes, just steps away on Mass. Ave., go to either Harvard Square or Alewife. This is terrific condo and a wonderful place to call home! Come see!

Last Agent to Sell the Property

Judy Weinberg

Leading Edge Real Estate Listed on: 03/31/2016

Leading Edge Real Estate

Last Buyer's Agent

Spencer Lane

Compass

Compass

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,925

Year Built

1926

Lot Details

0

Listing Details

  • Unit Level: 2
  • Unit Placement: Upper
  • Property Type: Condominium/Co-Op
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1926

Interior Features

  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Has Basement: Yes
  • Number of Rooms: 7
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Hardwood
  • Bedroom 2: Second Floor, 12X11
  • Bedroom 3: Second Floor, 10X8
  • Bathroom #1: Second Floor
  • Kitchen: Second Floor, 12X10
  • Laundry Room: Basement
  • Living Room: Second Floor, 15X13
  • Master Bedroom: Second Floor, 14X12
  • Master Bedroom Description: Flooring - Hardwood
  • Dining Room: Second Floor, 12X11
  • Oth1 Room Name: Sun Room
  • Oth1 Dimen: 13X8
  • Oth1 Dscrp: Flooring - Hardwood
  • Oth1 Level: Second Floor
  • No Living Levels: 1

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Shingles, Wood
  • Exterior Unit Features: Deck

Garage/Parking

  • Garage Parking: Detached
  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Steam, Gas
  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Dryer
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: 16-18 School St Condominiums
  • Association Fee Includes: Water, Sewer, Master Insurance, Exterior Maintenance, Landscaping
  • Management: Owner Association
  • Pets Allowed: Yes
  • No Units: 2
  • Unit Building: 16

Fee Information

  • Fee Interval: Monthly

Schools

  • Elementary School: Brackett
  • Middle School: Ottoson
  • High School: Arlington High

Lot Info

  • Assessor Parcel Number: M:128.A B:0002 L:0016
  • Zoning: R2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2016
Closed on
Jun 3, 2016
Sold by
Lazrus Robin
Bought by
Hoang-Dang Lan T and Puncher Curtis L
Seller's Agent
Judy Weinberg
Leading Edge Real Estate
Buyer's Agent
Spencer Lane
Compass
List Price
$489,000
Sold Price
$489,000
Current Estimated Value
$780,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$291,169
Avg. Annual Appreciation
4.72%
Original Mortgage
$391,200
Outstanding Balance
$311,580
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$436,336

Purchase Details

Closed on
Aug 3, 2007
Sold by
Lyons Kenneth J and Lyons Molly S
Bought by
Lazrus Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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
Hoang-Dang Lan T $489,000 --
Lazrus Robin $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoang-Dang Lan T $391,200
Previous Owner Lazrus Robin J $293,700
Previous Owner Lazrus Robin $308,000
Previous Owner Lazrus Robin $296,000
Previous Owner Lazrus Robin $14,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2016 06/03/16 Sold $489,000 0.0% $374 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $489,000 -- $374 / 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 $6,925 $643,000 $0 $643,000
2024 $6,526 $616,200 $0 $616,200
2023 $6,674 $595,400 $0 $595,400
2022 $6,606 $578,500 $0 $578,500
2021 $6,369 $561,600 $0 $561,600
2020 $6,118 $553,200 $0 $553,200
2019 $5,946 $528,100 $0 $528,100
2018 $5,663 $466,900 $0 $466,900
2017 $5,344 $425,500 $0 $425,500
2016 $5,046 $394,200 $0 $394,200
2015 $4,934 $364,100 $0 $364,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71980327

MLS Property Information Network (MLS PIN)

APN: ARLI-000128A-000002-000016