NOT LISTED FOR SALE

18 Iona Ave Dracut, MA 01826

Estimated Value: $603,493 - $730,000

6 Beds
2 Baths
2,645 Sq Ft
$257/Sq Ft Est. Value

Last Sold September 13, 2021

Last sale price $550,000 $208 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,293/month

6 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • Park
  • Medical Services
  • Jogging Path
  • Laundry Room

About This Home

As of September 2021

This ultra Rare Property awaits you! Two Family with a 2 Car garage is almost Paradise.Well maintained 2 family located just a stone throw away from the Greenmont Elementary School.This property has been in the same family for years!Both units offer 5 Rooms 3 bedroom 1 bath with washer and dryer in the unit & all utilities are separate .This spacious 2 family is close to all area amenities shopping, hiking, parks, schools & more.Carefree Vinyl siding, 2 car garage. Beautiful yard for those family cookouts where memories are made and dreams really do come true.This property will be sold with the tenants .......See you Sunday, July 11 at the Open House 2:30 to 4:30

Last Agent to Sell the Property

Renee Boyle

Renee L. Boyle Real Estate Listed on: 07/07/2021

Last Buyer's Agent

Christian Caraballo

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,246

Year Built

  • Built in 1928

Lot Details

  • 0.32 Acre Lot
  • Near Conservation Area
  • Street terminates at a dead end
  • Level Lot
  • Cleared Lot

Parking

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

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,645 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Basement Fills Entire Space Under The House
  • Storm Doors

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Schools

  • Dracut Elementary And Middle School
  • Dracut High School

Utilities

  • Separate Meters
  • 100 Amp Service
  • Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Deck
  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $2,550
  • Rent includes unit 1(water)
  • Assessor Parcel Number M:50 B:77 L:2,3513688

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Net Operating Income $30,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,246

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1928
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Carpet,Varies Per Unit,Laminate, Unit 1(undefined)
  • Interior Amenities: Unit 1(Ceiling Fans,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen)
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Unit 1(Range), Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections Varies per Unit
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room
  • Basement: Full
  • Living Area: 2645
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN5898
  • LIST PRICE PER Sq Ft: 189.04
  • PRICE PER Sq Ft: 207.94
  • MAIN SO: G95022

Exterior Features

  • Exterior Features: Varies per Unit
  • Construction Materials: Frame
  • Foundation Details: Other
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public, Dead End
  • 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, Driveway, Paved
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, Washer Hookup, Varies per Unit
  • Electric: 100 Amp Service, Individually Metered
  • Water Source: Public
  • HEAT UNITS: 2

Condo/Co-op/Association

  • Community Features: Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Public School
  • Rent Includes: Unit 1(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:50 B:77 L:2,3513688
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Gentle Sloping, Level
  • Lot Size Acres: 0.32
  • Lot Size Area: 0.32
  • Lot Size Sq Ft: 13939.2
  • Lot Size Units: Acres
  • LOT SIZE: 14040
  • PAGE: 192

Green Features

  • Green Energy Efficient: Thermostat, Varies per Unit

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5246
  • Tax Book Number: 3295

Multi Family

  • Gross Income: 30600
  • Net Operating Income: 30600
  • Number Of Units Total: 2
  • Total Actual Rent: 2550
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Dracut
  • Elementary School: Dracut
  • Middle Or Junior School: Dracut

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2021
Closed on
Sep 9, 2021
Sold by
April Denise M and April Richard J
Bought by
Pinguil-Pinguil Segundo F
Seller's Agent
Renee Boyle
Renee L. Boyle Real Estate
Buyer's Agent
Christian Caraballo
Keller Williams Realty
List Price
$500,000
Sold Price
$550,000
Premium/Discount to List
$50,000
10%
Total Days on Market
6
Current Estimated Value
$680,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,373
Avg. Annual Appreciation
5.26%
Original Mortgage
$467,500
Outstanding Balance
$430,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$235,221
Source: Public Records

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Range of Values:

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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
Pinguil-Pinguil Segundo F $550,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pinguil-Pinguil Segundo F $467,500
Previous Owner April Richard J $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2021 09/13/21 Sold $550,000 +10.0% $208 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $500,000 -- $189 / 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 $5,817 $574,800 $197,900 $376,900
2024 $5,578 $533,800 $188,400 $345,400
2023 $5,877 $507,500 $163,800 $343,700
2022 $5,531 $450,000 $148,900 $301,100
2021 $5,246 $403,200 $135,300 $267,900
2020 $5,013 $375,500 $131,400 $244,100
2019 $4,638 $337,300 $125,100 $212,200
2018 $4,480 $316,800 $125,100 $191,700
2017 $4,150 $316,800 $125,100 $191,700
2016 $4,100 $276,300 $120,300 $156,000
2015 $4,125 $276,300 $120,300 $156,000
2014 $3,782 $261,000 $120,300 $140,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72861876

MLS Property Information Network (MLS PIN)

APN: DRAC-000050-000077-000002