NOT LISTED FOR SALE

Estimated Value: $1,006,000 - $1,240,000

4 Beds
2 Baths
2,404 Sq Ft
$477/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $1,025,000 $426 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,342/month

34 Days on Market

About This Home

As of December 2021

Welcome to 17-19 Sterling Street! This meticulously maintained two family home is located on a quiet one-way street in close proximity to Davis Square. These "condo-quality" units are spacious, bright and each unit has their own newer systems. The top floor unit has updated stainless steel appliances and granite countertops, while both units feature hardwood floors throughout. Each unit features a private sunroom, while the top floor contains an additional at home office space. The properties prime location offers easy access to grocery stores, parks, and public transportation. This two family is perfect for investors looking to easily acquire a new property, as leases are currently in place.

Last Listed By

Rodrigo Serrano

Leading Edge Real Estate Listed on: 09/14/2021

Leading Edge Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,101

Year Built

  • 1920

Lot Details

  • 3,049

Additional Features

  • Property has 1 Level
  • 2 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,101

Year Built

1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • Directions: Head north on North St. and left onto Sterling St. Located on one-way st. off of Alewife Brook Pkwy.
  • Garage Yn: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Appliances: Unit 1(Range,Wall Oven,Dishwasher,Disposal,Microwave,Refrigerator,Freezer,Vent Hood), Oil Water Heater, Utility Connections for Gas Range, Utility Connections Varies per Unit
  • Has Basement: Full, Unfinished
  • Total Bathrooms: 2
  • MAIN LO: AN4643
  • LIST PRICE PER Sq Ft: 436.77
  • PRICE PER Sq Ft: 426.37
  • MAIN SO: BB5522
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Wood,Tile,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors)
  • Interior Amenities: Other (See Remarks), Unit 1(Crown Molding,High Speed Internet Hookup,Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Crown Molding,High Speed Internet Hookup,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Sunroom), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Office/Den,Sunroom)
  • Stories: 3

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters, Garden
  • Foundation Details: Block
  • Construction Type: Frame
  • Fencing: Fenced
  • Patio And Porch Features: Porch, Patio
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Tandem, Paved
  • Open Parking: Yes
  • Total Parking Spaces: 2

Utilities

  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Oil), Unit 2(Oil)
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: for Gas Range, Varies per Unit
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Laundromat, House of Worship, Public School, T-Station, University
  • HOA Rent Includes: Unit 1(None), Unit 2(None)

Schools

  • Elementary School: Eliot-Pearson
  • High School: Matignon
  • Middle Or Junior School: Gibbs

Lot Info

  • LOT SIZE: 3182
  • PAGE: 549
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 3049.2
  • Zoning: RA

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2
  • Annual Gross Income: 57000
  • Property Net Operating Income: 57000
  • Number Of Units Total: 2
  • Total Actual Rent: 4750

Tax Info

  • Tax Annual Amount: 9121.07
  • Tax Block: E
  • Tax Book Number: 58962
  • Tax Lot: 25
  • Tax Map Number: 3
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Dec 3, 2021
Sold by
Garron John and Marley Lauren
Bought by
Shen Kaiyu and Liang Xiaoyu
Seller's Agent
Rodrigo Serrano
Leading Edge Real Estate
Buyer's Agent
Dan Li
Keller Williams Realty
Sold Price
$1,025,000
Total Days on Market
34
Current Estimated Value
$1,146,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,403
Avg. Annual Appreciation
3.27%
Original Mortgage
$820,000
Outstanding Balance
$761,701
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$384,702

Purchase Details

Closed on
Apr 25, 2012
Sold by
Sterling Rt
Bought by
Garron John and Marley Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,705
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 3, 2008
Sold by
Piazza Elena
Bought by
Sterling Rt and Piazza Elena

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
Shen Kaiyu $1,025,000 None Available
Garron John $485,000 --
Sterling Rt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shen Kaiyu $820,000
Previous Owner Garron John $650,000
Previous Owner Garron John $425,000
Previous Owner Garron John $452,000
Previous Owner Garron John $472,705
Previous Owner Piazza Elena R $100,000
Previous Owner Piazza Elena $50,000
Previous Owner Piazza Elena $5,000
Previous Owner Piazza Elena $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $1,025,000 -2.4% $426 / Sq Ft
10/19/2021 10/19/21 Pending -- -- --
10/14/2021 10/14/21 For Sale -- -- --
10/06/2021 10/06/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $1,050,000 -- $437 / 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 $11,101 $1,017,500 $539,000 $478,500
2024 $10,440 $992,400 $539,000 $453,400
2023 $10,183 $984,800 $539,000 $445,800
2022 $9,381 $921,500 $513,300 $408,200
2021 $9,121 $895,100 $509,500 $385,600
2020 $8,959 $887,900 $509,900 $378,000
2019 $8,387 $779,500 $464,200 $315,300
2018 $8,161 $721,600 $422,000 $299,600
2017 $7,845 $672,200 $398,100 $274,100
2016 $8,073 $644,300 $355,500 $288,800
2015 $7,717 $612,000 $328,300 $283,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72894574

MLS Property Information Network (MLS PIN)

APN: SOME-000003-E000000-000025