186 Commercial St Weymouth, MA 02188
Weymouth Landing Neighborhood
6
Beds
3
Baths
2,568
Sq Ft
0.28
Acres
Highlights
- Medical Services
- Deck
- Wood Flooring
- Waterfront
- Property is near public transit
- 4-minute walk to Webb Park
About This Home
As of March 2022Direct 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.
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,645
Avg. Annual Appreciation
2.25%
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Not Resolvable | $765,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,150,000 | Stand Alone Refi Refinance Of Original Loan |
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
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
53 Total Sales
-
Jing Zheng
J
Buyer's Agent in 2022
Jing Zheng
Keller Williams Realty
(617) 599-3169
2 in this area
127 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72924826
APN: WEYM-000016-000199-000003
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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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