NOT LISTED FOR SALE

Estimated Value: $1,181,000 - $2,148,000

4 Beds
2 Baths
2,901 Sq Ft
$508/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $960,000 $331 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $9,686/month

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • Brackett Elementary School Rated A
  • Property is near public transit
  • 3-minute walk to Cutter School Park

About This Home

As of September 2022

TWO-FAMILY IN NEED OF RENOVATION! This 2-unit building needs major repairs. The basement is unfinished and shared. The 1st floor features a 2 bed, 1 bath unit with fireplace & private deck. The 2nd floor has exclusive use of the unfinished attic, a fireplace and deck. 2-Car garage in the back.

Last Agent to Sell the Property

Monte Marrocco

Coldwell Banker Realty - Lexington Listed on: 07/18/2022

Coldwell Banker Realty - Lexington

Last Buyer's Agent

Monte Marrocco

Coldwell Banker Realty - Lexington Listed on: 07/18/2022

Coldwell Banker Realty - Lexington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,309

Year Built

  • Built in 1925

Lot Details

  • 5,963 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

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

Interior Spaces

  • 2,901 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Insulated Windows
  • Insulated Doors
  • Wood Flooring
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 2 Heating Zones
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 327906

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,309

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1925
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen,Office/Den), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Office/Den)
  • Door Features: Insulated Doors
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Unfinished
  • Living Area: 2901
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 344.36
  • PRICE PER Sq Ft: 330.92
  • MAIN SO: AN6181

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter, Block
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • 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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 327906
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 5963
  • Lot Size Units: Acres
  • PAGE: 308
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 11309
  • Tax Book Number: 8866

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2022
Closed on
Sep 16, 2022
Sold by
Matevosian Araxy D Est and Aharonian
Bought by
19 Menotomy Rd Llc
Seller's Agent
Monte Marrocco
Coldwell Banker Realty - Lexington
Buyer's Agent
Monte Marrocco
Coldwell Banker Realty - Lexington
List Price
$999,000
Sold Price
$960,000
Premium/Discount to List
-$39,000
-3.9%
Total Days on Market
0
Current Estimated Value
$1,473,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$513,353
Avg. Annual Appreciation
16.99%
Original Mortgage
$1,194,540
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage
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
19 Menotomy Rd Llc $960,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fuchs Mae I $1,600,000
Closed Steely Rachel E $400,000
Closed 19 Menotomy Rd Llc $1,194,540
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $960,000 -3.9% $331 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $999,000 -- $344 / 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 $17,361 $1,612,000 $598,900 $1,013,100
2024 $11,157 $1,053,500 $574,900 $478,600
2023 $11,422 $1,018,900 $503,000 $515,900
2022 $11,309 $990,300 $479,100 $511,200
2021 $10,967 $967,100 $479,100 $488,000
2020 $10,698 $967,300 $479,100 $488,200
2019 $9,324 $828,100 $449,100 $379,000
2018 $9,101 $750,300 $371,300 $379,000
2017 $8,754 $697,000 $341,400 $355,600
2016 $8,538 $667,000 $311,400 $355,600
2015 $8,438 $622,700 $305,400 $317,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73013772

MLS Property Information Network (MLS PIN)

APN: ARLI-000128-000002-000006