NOT LISTED FOR SALE

186 Commercial St Weymouth, MA 02188

Weymouth Landing Neighborhood

Estimated Value: $805,000 - $903,183

6 Beds
3 Baths
2,568 Sq Ft
$328/Sq Ft Est. Value

Last Sold March 02, 2022

Last sale price $765,000 $298 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,149/month

18 Days on Market

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • Waterfront
  • Property is near public transit
  • 4-minute walk to Webb Park

About This Home

As of March 2022

Direct Waterfront Property! This 3 family property with direct frontage on the Fore River is only steps to the newly revamped Weymouth Landing and the Weymouth Landing/East Braintree Commuter Rail. Perfect for investors, developers, owner occupants. From sun up to sun down, the views are breathtaking. Some recent updates include a brand new roof and new kitchen in apartment # 1. Still a little TLC needed but will be well worth the effort. Properties like this rarely become available. Rents are well below market, long term excellent tenants. Currently one unit vacant and two units are tenant at will.

Last Agent to Sell the Property

Joseph Clancy Jr.

Tullish & Clancy Listed on: 12/02/2021

Last Buyer's Agent

Jing Zheng

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,559

Year Built

  • Built in 1940

Lot Details

  • 0.28 Acre Lot
  • Waterfront

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,568 Sq Ft Home
  • Property has 1 Level
  • Partial Basement

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $2,175
  • Assessor Parcel Number M:16 B:199 L:003,272846

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Additional Features

  • 3 Units
  • Net Operating Income $26,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,559

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1940
  • Buyer Agency: 2.0
  • Buyer Agency Type: %
  • Transaction Broker: 2.0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Wood,Tile,Carpet
  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Partial
  • Living Area: 2568
  • Stories Total: 4
  • MAIN LO: AN5704
  • LIST PRICE PER Sq Ft: 272.55
  • PRICE PER Sq Ft: 297.9
  • MAIN SO: BB6013

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter, Block
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Shingle, Rubber
  • Waterfront Features: Waterfront, River, Frontage
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Private School, Public School, T-Station

Lot Info

  • Parcel Number: M:16 B:199 L:003,272846
  • Zoning: PF2
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Size Sq Ft: 12196.8
  • Lot Size Units: Acres
  • LOT SIZE: 12368
  • PAGE: 464

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5559
  • Tax Book Number: 21601

Multi Family

  • Gross Income: 26100
  • Net Operating Income: 26100
  • Number Of Units Total: 3
  • Total Actual Rent: 2175
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 2
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2021
Closed on
Mar 1, 2022
Sold by
Tullis Family Lp
Bought by
Wang Yurong
Seller's Agent
Joseph Clancy Jr.
Tullish & Clancy
Buyer's Agent
Jing Zheng
Keller Williams Realty
List Price
$699,900
Sold Price
$765,000
Premium/Discount to List
$65,100
9.3%
Current Estimated Value
$841,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,296
Avg. Annual Appreciation
2.19%
Source: Public Records

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
Wang Yurong $765,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tullish Family Lp $1,150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2022 03/02/22 Sold $765,000 +9.3% $298 / Sq Ft
12/21/2021 12/21/21 Pending -- -- --
12/02/2021 12/02/21 For Sale $699,900 -- $273 / 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 $6,776 $670,900 $252,100 $418,800
2024 $6,565 $639,200 $240,100 $399,100
2023 $6,654 $636,700 $250,100 $386,600
2022 $5,745 $501,300 $180,200 $321,100
2021 $5,559 $473,500 $180,200 $293,300
2020 $5,376 $451,000 $180,200 $270,800
2019 $5,243 $432,600 $173,200 $259,400
2018 $4,945 $395,600 $165,000 $230,600
2017 $4,700 $366,900 $157,100 $209,800
2016 $4,296 $335,600 $151,100 $184,500
2015 $4,119 $319,300 $151,100 $168,200
2014 $3,945 $296,600 $140,600 $156,000
Source: Public Records

Agents Affiliated with this Home

  • Joseph Clancy Jr.

    Seller's Agent in 2022

    Joseph Clancy Jr.

    Tullish & Clancy

    (617) 308-1483

    2 in this area

    52 Total Sales

    Joseph Clancy Jr.
    Section Image

  • J

    Buyer's Agent in 2022

    Jing Zheng

    Keller Williams Realty

    (617) 599-3169

    2 in this area

    130 Total Sales

    Jing Zheng
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72924826

MLS Property Information Network (MLS PIN)

APN: WEYM-000016-000199-000003

Massachusetts Norfolk County Weymouth 02188 Weymouth Landing

186 Commercial St, Weymouth, MA

This home is located at 186 Commercial St, Weymouth, MA 02188 since 02 December 2021 and is currently estimated at $841,296, approximately $327 per square foot. This property was built in 1940. 186 Commercial St is a home located in Norfolk County with nearby schools including Frederick C Murphy, Abigail Adams Middle School, and Weymouth Middle School Chapman.

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.

MLS Property Information Network (MLS PIN) 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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