NOT LISTED FOR SALE

Estimated Value: $1,833,000 - $2,271,000

8 Beds
4.5 Baths
4,026 Sq Ft
$507/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $1,918,000 $476 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $12,804/month

6 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Tennis Courts
  • Bowen School Rated A
  • Property is near public transit
  • Jogging Path

About This Home

As of June 2023

Opportunity knocks! This wonderful Newton Centre 3 family home has been in the same family for 73 years! The owners unit (175 Cypress) is a three level town home style consisting of a spacious living room, formal dining room, updated eat in kitchen, four family size bedrooms and two full baths. There is also a partially finished lower level with so much potential. The two rental units (173 Cypress) each consist of a sun filled living room, large eat-in kitchen, two good size bedrooms, a bonus room and in unit laundry. This home has been lovingly maintained and updated throughout the years. It sits on large 13,566 sq ft lot, with plenty of parking. Steps to Bowen elementary school, a short walk to Newton Centre T station, restaurants and shops. The current tenants will be out by end of June. This is a must see!

Last Listed By

Demeo Realty Group

Coldwell Banker Realty - Newton Listed on: 05/03/2023

Coldwell Banker Realty - Newton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,829

Year Built

  • Built in 1900

Lot Details

  • 0.31 Acre Lot
  • Near Conservation Area

Parking

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

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,026 Sq Ft Home
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Bowen Elementary School
  • Brown Middle School
  • South High School

Listing and Financial Details

  • Assessor Parcel Number 701424

Community Details

Overview

  • 3 Units
  • Property has 3 Levels

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,829

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2.5
  • Transaction Broker: 2
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 5

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bathrooms: 4.5
  • Basement: Full, Partially Finished
  • Living Area: 4026
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 496.75
  • PRICE PER Sq Ft: 476.4
  • MAIN SO: AN6181

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • 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, Off Street
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers
  • Water Source: Public
  • HEAT UNITS: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 701424
  • Zoning: SR3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.31
  • Lot Size Area: 0.31
  • Lot Size Sq Ft: 13566
  • Lot Size Units: Acres
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 17829
  • Tax Book Number: 0

Multi Family

  • Number Of Units Total: 3
  • LEVELS 1: 3
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 2
  • FLRS 2: 1

MLS Schools

  • High School: South
  • Elementary School: Bowen
  • Middle Or Junior School: Brown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2014
Sold by
Erba Diana A and Erba Richard A
Bought by
Richard L Erba Obra 93 and Erba
Total Days on Market
6
Current Estimated Value
$2,040,002

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
Richard L Erba Obra 93 -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demeo Thomas $1,534,400
Closed Richard L Erba Obra T $346,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $1,918,000 -4.1% $476 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
05/03/2023 05/03/23 For Sale $1,999,900 -- $497 / 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 $17,282 $1,763,500 $1,014,300 $749,200
2024 $18,832 $1,929,500 $984,800 $944,700
2023 $17,829 $1,751,400 $793,600 $957,800
2022 $17,060 $1,621,700 $734,800 $886,900
2021 $16,009 $1,487,800 $674,100 $813,700
2020 $15,533 $1,487,800 $674,100 $813,700
2019 $14,531 $1,390,500 $630,000 $760,500
2018 $14,457 $1,336,100 $583,200 $752,900
2017 $13,631 $1,225,800 $535,000 $690,800
2016 $12,616 $1,108,600 $490,800 $617,800
2015 $11,770 $1,013,800 $458,700 $555,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73106871

MLS Property Information Network (MLS PIN)

APN: NEWT-000065-000015-000014