Seller's Agent in 2021
Edward Lyon
Preservation Properties
(617) 527-3700
2 in this area
70 Total Sales
18 Payne Rd Unit 20 Newton Highlands, MA 02461
Newton Highlands NeighborhoodEstimated Value: $1,092,000 - $1,302,446
4
Beds
2
Baths
2,002
Sq Ft
$582/Sq Ft
Est. Value
About This Home
As of December 2021Rare Payne Road Brick Side by Side Duplex in Newton Highlands with 2 car gar. Perfectly suited for easy up & down townhouse style living for owner occupants or for investors seeking good rent income. One kitchen has white Shaker cabs, updated counters and appliances. The other kitchen looks similar with original cabinets painted white. Each unit features a private front entry with a coat closet off the large living room, a wide archway into a separate dining room, and a cute sun-deck off the kitchen. Upstairs are both bedrooms and full bath. Lower level contains approx 500sf of semi finished yet easily upgradable space per unit. Nice piece of land with good sun. Ended way within walking distance to the green line, Highlands shops, eateries & Crystal Lake. These little townhouse style two families offer ease of ownership, great income, flexibility & great location - all for under $1M. Hard to find in Newton, particularly in the Highlands.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,682
Year Built
- 1948
Lot Details
- 7,841
Parking
- 2
Additional Features
- Property has 2 Levels
- 2 Heating Zones
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 5, 2021
Closed on
Dec 22, 2021
Sold by
Stump Mervin E
Bought by
Mo Realty Llc
Seller's Agent
Edward Lyon
Preservation Properties
Buyer's Agent
Jeet Shahani
Compass
List Price
$949,000
Sold Price
$955,000
Premium/Discount to List
$6,000
0.63%
Total Days on Market
0
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$210,612
Avg. Annual Appreciation
6.09%
Original Mortgage
$906,250
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mo Realty Llc | $955,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Whereas Mo Reality Llc | $716,250 | |
| Closed | Mo Realty Llc | $906,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/22/2021 12/22/21 | Sold | $955,000 | +0.6% | $477 / Sq Ft |
| 11/09/2021 11/09/21 | Pending | -- | -- | -- |
| 11/09/2021 11/09/21 | For Sale | $949,000 | -- | $474 / 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 | $9,682 | $988,000 | $780,300 | $207,700 |
| 2024 | $9,362 | $959,200 | $757,600 | $201,600 |
| 2023 | $9,071 | $891,100 | $609,200 | $281,900 |
| 2022 | $8,680 | $825,100 | $564,100 | $261,000 |
| 2021 | $8,145 | $757,000 | $517,500 | $239,500 |
| 2020 | $7,903 | $757,000 | $517,500 | $239,500 |
| 2019 | $7,393 | $707,500 | $483,600 | $223,900 |
| 2018 | $7,314 | $676,000 | $454,100 | $221,900 |
| 2017 | $6,897 | $620,200 | $416,600 | $203,600 |
| 2016 | $6,475 | $569,000 | $382,200 | $186,800 |
| 2015 | $6,174 | $531,800 | $357,200 | $174,600 |
Source: Public Records
Agents Affiliated with this Home
-
Edward Lyon
-
Jeet Shahani
Buyer's Agent in 2021
Jeet Shahani
Compass
(617) 216-1492
1 in this area
10 Total Sales
Map
Similar Home in the area
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72918053
APN: NEWT-000052-000029-000004
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