NOT LISTED FOR SALE

1601-1603 Centre St Newton, MA 02461

Newton Highlands Neighborhood

Estimated Value: $1,665,000

5 Beds
4 Baths
3,407 Sq Ft
$489/Sq Ft Est. Value

Last Sold October 18, 2018

Last sale price $1,300,000 $382 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $10,552/month

9 Days on Market

Highlights

  • Wood Flooring
  • 3-minute walk to Newton Highlands Station
  • Porch
  • Mason Rice Elementary School Rated A+

About This Home

As of October 2018

This two family property is centrally located in sought after Newton Highlands on a 13,065 lot. The first floor unit has two bedrooms and one full bathroom plus a spacious living room and separate dining room plus kitchen. The second unit is comprised of two floors consisting of three bedrooms, two full bathrooms, separate living and dining room and kitchen. The property also has a garage sited at the rear and plus there is space for additional parking. There are separate heating systems for the units. Both units are currently empty and the property can be delivered vacant. Convenient to shops, restaurants and the D line of the T in both Newton Highlands and Newton Centre.

Last Agent to Sell the Property

Bell | Whitman Group

Compass Listed on: 08/28/2018

Compass

Last Buyer's Agent

Xiang Li

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,957

Year Built

  • Built in 1910

Lot Details

  • 0.3

Parking

  • 1 Car Garage

Flooring

  • Wood
  • Vinyl

Additional Features

  • Porch
  • Year Round Access
  • Basement

Listing and Financial Details

  • Assessor Parcel Number S:52 B:037 L:0014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,957

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Renovated Since
  • List Price Per Sq Ft: 395.95
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Fireplaces: 3
  • Flooring: Wood, Vinyl
  • Total Flrs: 3
  • Total Frplcs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Fbh: 3
  • Total Hbh: 1
  • No Rooms: 13
  • Basement: Y
  • Main Lo: AN2383
  • Main So: BB5522
  • Estimated Sq Ft: 3407.00

Exterior Features

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

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4
  • Garage Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Highway Access, Public School, T-Station

Schools

  • Elementary School: Mason Rice
  • Middle School: Brown
  • High School: Newton South

Lot Info

  • Assessments: 937400.00
  • Acre: 0.30
  • Lot Size: 13086.00
  • Page: 7
  • Parcel Number: S:52 B:037 L:0014
  • Zoning: MR1
  • Lot Description: Level

Multi Family

  • APOD Available: Yes
  • Heat Units: 2
  • Total Levels: 3
  • Total Rms: 13
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 10143.00
  • Assessor Parcel Number: 695025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2018
Closed on
Oct 18, 2018
Sold by
22 Shepherd Park Rt
Bought by
Liu Jinyan and Li Jing
Seller's Agent
Bell | Whitman Group
Compass
Buyer's Agent
Xiang Li
Keller Williams Realty
List Price
$1,349,000
Sold Price
$1,300,000
Premium/Discount to List
-$49,000
-3.63%
Current Estimated Value
$1,665,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$365,000
Original Mortgage
$975,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 18, 2003
Sold by
Coughlin Olivanne and Caliga Linda B
Bought by
22 Shepard Park Rt and Ashrafzadeh Mohammad T

Purchase Details

Closed on
Nov 6, 1997
Sold by
Nathanson Ft and Robinson Roberta
Bought by
Caliga Linda B and Coughlin Olivanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Liu Jinyan $1,300,000 --
22 Shepard Park Rt $800,000 --
Caliga Linda B $495,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Jinyan $933,000
Closed Liu Jinyan $950,000
Closed Liu Jinyan $975,000
Previous Owner Caliga Lida B $553,000
Previous Owner Nathanson Ft $100,000
Previous Owner Nathanson Ft $25,000
Previous Owner Nathanson Ft $420,000
Previous Owner Nathanson Ft $396,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2018 10/18/18 Sold $1,300,000 -3.6% $382 / Sq Ft
09/06/2018 09/06/18 Pending -- -- --
08/28/2018 08/28/18 For Sale $1,349,000 -- $396 / 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 $15,957 $1,628,300 $889,900 $738,400
2024 $15,430 $1,580,900 $864,000 $716,900
2023 $14,735 $1,447,400 $707,600 $739,800
2022 $14,099 $1,340,200 $655,200 $685,000
2021 $13,229 $1,229,500 $601,100 $628,400
2020 $12,836 $1,229,500 $601,100 $628,400
2019 $10,085 $965,100 $561,800 $403,300
2018 $10,143 $937,400 $524,400 $413,000
2017 $9,563 $860,000 $481,100 $378,900
2016 $8,979 $789,000 $441,400 $347,600
2015 $8,561 $737,400 $412,500 $324,900
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Bell | Whitman Group

    Compass

    (617) 755-7923

    1 in this area

    111 Total Sales

    Bell | Whitman Group
    Section Image
  • Xiang Li

    Buyer's Agent in 2018

    Xiang Li

    Keller Williams Realty

    (617) 519-1495

    24 Total Sales

    Xiang Li
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72385295

MLS Property Information Network (MLS PIN)

APN: NEWT-000052-000037-000014

Massachusetts Middlesex County Newton 02461 Newton Highlands

1601-1603 Centre St, Newton, MA

This home is located at 1601-1603 Centre St, Newton, MA 02461 since 28 August 2018 and is currently priced at $1,665,000, approximately $488 per square foot. This property was built in 1910. 1601-1603 Centre St is a home located in Middlesex County with nearby schools including Mason Rice Elementary School, Charles E Brown Middle School, and Newton South High School.

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