A
Seller's Agent in 2021
Alexander Fishman
Panorama Realty, Inc.
181 Winslow Ave Unit 183 Norwood, MA 02062
Norwood Centre NeighborhoodEstimated Value: $988,000 - $1,225,759
6
Beds
3
Baths
3,006
Sq Ft
$372/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Property is near public transit
- Corner Lot
- Norwood High School Rated A-
- Wood Flooring
- 2-minute walk to Veterans Park
About This Home
As of September 2021OPEN HOUSE CANCELLED FOR SUNDAY, AUGUST 8TH! Fantastic investment opportunity in Norwood for immediate cash flow - priced to sell fast! Beautiful owner occupied 3-family extensively renovated a little over 3 years ago situated on large corner lot. This gorgeous home includes 3 spacious separately metered two bedroom apartments - unit #1 is rented for $1850 through May 31st 2022 (owner has not increased rent in 3 years), unit #2 is rented for $1850 through May 31st 2022 (owner has only increased rent $50 in 3 years), and unit #3 is owner-occupied and should rent for approximately $2000/month. Substantially renovated in 2018 with new plumbing, electrical, and HVAC systems. Additional upgrades include new kitchens, bathrooms, interior and exterior paint, refinished hardwood floor throughout, and laundry in each unit. Detached two car garage painted and re-roofed a year ago. Clean and dry basement with plenty of storage space.
Last Agent to Sell the Property
Alexander Fishman
Panorama Realty, Inc. Listed on: 08/03/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,850
Year Built
- Built in 1922
Lot Details
- 10,019 Sq Ft Lot
- Corner Lot
Parking
- 2 Car Garage
- Tandem Parking
- Shared Driveway
- Open Parking
- Off-Street Parking
Home Design
- 3,006 Sq Ft Home
- Stone Foundation
- Frame Construction
- Shingle Roof
Kitchen
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Washer
Outdoor Features
- Patio
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Cooling Available
- Heating Available
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $5,700
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number 156169
Community Details
Overview
- 3 Units
- Property has 1 Level
Amenities
- Shops
- Coin Laundry
Recreation
- Golf Course Community
- Tennis Courts
- Community Pool
- Park
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $150
- Insurance Expense $2,458
- Water Sewer Expense $1,200
- Operating Expense $3,658
- Net Operating Income $64,742
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 3, 2021
Closed on
Sep 24, 2021
Sold by
Fishman Alexander and Fishman Marina
Bought by
Shimoff Aaron R and Shimoff Sarah
Seller's Agent
Alexander Fishman
Panorama Realty, Inc.
Buyer's Agent
Sarah Reddick Shimoff
Compass
List Price
$899,000
Sold Price
$1,000,000
Premium/Discount to List
$101,000
11.23%
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
$119,440
Avg. Annual Appreciation
2.79%
Original Mortgage
$750,000
Outstanding Balance
$682,444
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$436,996
Purchase Details
Closed on
Oct 10, 2018
Sold by
Jm Construction & Design
Bought by
Fishman Alexander and Fishman Marina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 24, 2017
Closed on
Nov 13, 2017
Sold by
Paul Fitzpatrick Irt
Bought by
Jm Construction and Jm Design
Seller's Agent
Diane Marcoux
Coldwell Banker Realty - Wellesley
Buyer's Agent
Marina Fishman
Panorama Realty, Inc.
List Price
$539,000
Sold Price
$475,000
Premium/Discount to List
-$64,000
-11.87%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.37%
Original Mortgage
$547,500
Interest Rate
3.83%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 26, 2008
Sold by
Fitzpatrick Ruth A
Bought by
Fitzpatrick Paul
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shimoff Aaron R | $1,000,000 | None Available | |
| Fishman Alexander | -- | -- | |
| Jm Construction | $475,000 | -- | |
| Fitzpatrick Paul | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shimoff Aaron R | $750,000 | |
| Previous Owner | Fishman Alexander | $525,000 | |
| Previous Owner | Jm Construction | $547,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/24/2021 09/24/21 | Sold | $1,000,000 | +11.2% | $333 / Sq Ft | |
| 08/07/2021 08/07/21 | Pending | -- | -- | -- | |
| 08/03/2021 08/03/21 | For Sale | $899,000 | +89.3% | $299 / Sq Ft | |
| 11/13/2017 11/13/17 | Sold | $475,000 | -11.9% | $200 / Sq Ft | View Prior Sale |
| 09/10/2017 09/10/17 | Pending | -- | -- | -- | |
| 08/24/2017 08/24/17 | For Sale | $539,000 | -- | $227 / 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 | $96 | $908,000 | $273,000 | $635,000 |
| 2024 | $8,742 | $835,000 | $273,000 | $562,000 |
| 2023 | $7,972 | $772,500 | $237,400 | $535,100 |
| 2022 | $6,790 | $631,600 | $215,800 | $415,800 |
| 2021 | $6,794 | $599,100 | $208,000 | $391,100 |
| 2020 | $6,180 | $554,300 | $208,000 | $346,300 |
| 2019 | $5,661 | $519,800 | $198,100 | $321,700 |
| 2018 | $4,901 | $441,900 | $188,700 | $253,200 |
| 2017 | $4,762 | $427,100 | $188,700 | $238,400 |
| 2016 | $4,504 | $405,000 | $188,700 | $216,300 |
| 2015 | $3,875 | $337,800 | $180,100 | $157,700 |
| 2014 | $3,804 | $328,500 | $163,400 | $165,100 |
Source: Public Records
Agents Affiliated with this Home
-
-
Sarah Reddick Shimoff
Buyer's Agent in 2021
Sarah Reddick Shimoff
Compass
(617) 501-3015
1 in this area
49 Total Sales
-
Diane Marcoux
D
Seller's Agent in 2017
Diane Marcoux
Coldwell Banker Realty - Wellesley
(781) 489-3477
18 Total Sales
-
Marina Fishman
M
Buyer's Agent in 2017
Marina Fishman
Panorama Realty, Inc.
10 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72875281
APN: NORW-000003-000013-000001
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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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