Seller's Agent in 2021
Jason Kulik
Horvath & Tremblay
(781) 776-4000
2 in this area
14 Total Sales
18 E Water St Unit 20 Rockland, MA 02370
Estimated Value: $1,118,642
5
Beds
6
Baths
3,657
Sq Ft
$306/Sq Ft
Est. Value
About This Home
As of October 202118 East Water Street is a newly-renovated, three-story mixed-use building with one (1) commercial unit and five (5) residential units, all within 3,657 square feet of livable area on a .08-acre parcel with off-street parking accessed via shared driveway. All common areas and units have been fully renovated and 5 of the 6 units have annual leases in place. Improvements include all new kitchens and bathrooms, new electric and plumbing systems, new mini-split systems for efficient heating and cooling, new windows, restored wood flooring and newer rubber roofs. The property is exceptionally well-located in the heart of downtown Rockland.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,791
Year Built
- Built in 1900
Lot Details
- 3,485 Sq Ft Lot
Home Design
- 3,657 Sq Ft Home
- Frame Construction
- Rubber Roof
Kitchen
- Microwave
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 6 Full Bathrooms
Parking
- 6 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Utilities
- Cooling Available
- Heating Available
- Electric Water Heater
Additional Features
- Unfinished Basement
Listing and Financial Details
- Total Actual Rent $8,525
- Rent includes unit 1(water hot water), unit 2(water hot water), unit 3(water hot water), unit 4(water hot water)
- Assessor Parcel Number 1157524
Community Details
Overview
- 6 Units
- Property has 1 Level
Building Details
- Net Operating Income $87,900
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 31, 2003
Sold by
18-20 East Water St Rt and Quinn
Bought by
East Water St Rt and Brewster
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.05%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 17, 1999
Sold by
Berry Thomas A
Bought by
18-20 East Water St Rt and Quinn Melissa
Purchase Details
Closed on
Mar 9, 1998
Sold by
Dickens Rt and Litchfield
Bought by
Berry Thomas A
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| East Water St Rt | $400,000 | -- | |
| East Water St Rt | $400,000 | -- | |
| 18-20 East Water St Rt | $190,000 | -- | |
| Berry Thomas A | $125,000 | -- | |
| Berry Thomas A | $125,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Berry Thomas A | $353,250 | |
| Closed | Berry Thomas A | $290,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/01/2021 10/01/21 | Sold | $890,000 | -15.2% | $243 / Sq Ft | |
| 07/22/2021 07/22/21 | Pending | -- | -- | -- | |
| 07/19/2021 07/19/21 | For Sale | $1,050,000 | +208.8% | $287 / Sq Ft | |
| 12/01/2020 12/01/20 | Sold | $340,000 | +13.7% | $93 / Sq Ft | View Prior Sale |
| 11/02/2020 11/02/20 | Pending | -- | -- | -- | |
| 10/28/2020 10/28/20 | For Sale | $299,000 | 0.0% | $82 / Sq Ft | |
| 09/21/2020 09/21/20 | Pending | -- | -- | -- | |
| 09/17/2020 09/17/20 | For Sale | $299,000 | -23.8% | $82 / Sq Ft | |
| 04/11/2017 04/11/17 | Sold | $392,500 | -9.7% | $114 / Sq Ft | View Prior Sale |
| 02/04/2017 02/04/17 | Pending | -- | -- | -- | |
| 05/02/2016 05/02/16 | Price Changed | $434,900 | -3.1% | $127 / Sq Ft | |
| 11/28/2015 11/28/15 | For Sale | $449,000 | -- | $131 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $13,056 | $955,100 | $230,500 | $724,600 |
| 2024 | $12,762 | $907,700 | $217,500 | $690,200 |
| 2023 | $12,616 | $828,900 | $189,000 | $639,900 |
| 2022 | $8,472 | $505,800 | $149,400 | $356,400 |
| 2021 | $5,791 | $335,100 | $135,800 | $199,300 |
| 2020 | $6,867 | $392,400 | $129,400 | $263,000 |
| 2019 | $6,738 | $376,000 | $123,200 | $252,800 |
| 2018 | $6,918 | $379,700 | $123,200 | $256,500 |
| 2017 | $6,947 | $375,900 | $123,200 | $252,700 |
| 2016 | $6,773 | $366,300 | $118,500 | $247,800 |
| 2015 | $6,902 | $362,700 | $110,700 | $252,000 |
| 2014 | $6,524 | $355,700 | $108,600 | $247,100 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Kulik
-
Meredith Conrad
Buyer's Agent in 2021
Meredith Conrad
Owlhouse Realty Co.
(315) 200-3999
1 in this area
5 Total Sales
-
D
Seller's Agent in 2020
Dan Lauria
Lauria Real Estate
-
Shepard Long
Buyer's Agent in 2020
Shepard Long
Advocate Realty/Stikeleather Real Estate
(781) 690-3630
3 in this area
101 Total Sales
-
Tom McFarland
Seller's Agent in 2017
Tom McFarland
RE/MAX
(617) 851-0900
86 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72867844
APN: ROCK-000045-000000-000068
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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