NOT LISTED FOR SALE

Estimated Value: $1,065,000 - $1,358,000

6 Beds
4 Baths
2,565 Sq Ft
$480/Sq Ft Est. Value

Last Sold June 16, 2016

Last sale price $650,000 $253 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $7,340/month

64 Days on Market

About This Home

As of June 2016

Your large Arlington two-family with a finished basement is ready for your investment portfolio, a potential condo conversion, or your new home. Located on the buffer zone for the Brackett-Bishop school districts, you are minutes away from Alewife, Routes 2 and 3, and right off Mass Ave. Use the finished basement for extended family, in-laws, or storage. Bring your own updates and finishing touches to increase the value of the property, and also the rents. Or potentially convert this building into condos for a development deal. The second unit comprises the second and third floors, has four bedrooms and two bathrooms, and features a spacious kitchen with plenty of potential. Four tandem driveway spots will alleviate your parking worries in the winter. Current leases end in June and July. Tenants pay their own utilities. Washer / Dryer in first unit stays. Floors redone and 1st floor furnace replaced in last three years. Elec panels replaced; did not upgrade service.

Last Agent to Sell the Property

Russ Bradchulis

Keller Williams Realty Listed on: 03/10/2016

Keller Williams Realty

Last Buyer's Agent

Wenny and Karen

Phoenix Real Estate Partners, LLC

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,655

Year Built

1922

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Easements
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1922

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 16
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Insulated Windows
  • Flooring: Pine
  • Basement: Full, Finished, Walk Out, Interior Access
  • Total Levels: 4

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Features: Porch - Enclosed
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street, Tandem
  • Parking Spaces: 4

Utilities

  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:127.0 B:0001 L:0014
  • Zoning: R2

Multi Family

  • Total Bedrooms: 6
  • Total Floors: 3
  • Total Full Baths: 4
  • Total Levels: 4
  • Total Rms: 14
  • Total Rent_1: 4050

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2025
Sold by
Zhang Jasmine
Bought by
Zhu Joe and Chen Yao
Current Estimated Value
$1,230,208

Purchase Details

Closed on
Jul 30, 2024
Sold by
Fu Wei and Zhang Jing
Bought by
Zhu Joe and Chen Yao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Mar 10, 2016
Closed on
Jun 16, 2016
Sold by
Paiva Michael and Paiva Lisa
Bought by
Fu Wei and Zhang Jing
Seller's Agent
Russ Bradchulis
Keller Williams Realty
Buyer's Agent
Wenny and Karen
Phoenix Real Estate Partners, LLC
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%

Purchase Details

Closed on
Jun 27, 2001
Sold by
Paiva Marcia L
Bought by
Paiva Michael and Paiva Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Zhu Joe $213,031 --
Zhu Joe $213,031 --
Zhu Joe $1,300,000 None Available
Zhu Joe $1,300,000 None Available
Zhu Joe $1,300,000 None Available
Fu Wei $650,000 --
Fu Wei $650,000 --
Fu Wei $650,000 --
Paiva Michael $318,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zhu Joe $910,000
Previous Owner Paiva Michael $255,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2016 06/16/16 Sold $650,000 -7.0% $253 / Sq Ft
05/13/2016 05/13/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $699,000 0.0% $273 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
04/25/2016 04/25/16 Price Changed $699,000 -5.5% $273 / Sq Ft
03/10/2016 03/10/16 For Sale $740,000 -- $288 / 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 $10,655 $989,300 $472,700 $516,600
2024 $9,799 $925,300 $447,300 $478,000
2023 $10,100 $901,000 $391,400 $509,600
2022 $9,833 $861,000 $355,800 $505,200
2021 $9,512 $838,800 $355,800 $483,000
2020 $9,277 $838,800 $355,800 $483,000
2019 $8,179 $726,400 $355,800 $370,600
2018 $8,309 $685,000 $315,100 $369,900
2017 $7,683 $611,700 $264,300 $347,400
2016 $7,628 $595,900 $264,300 $331,600
2015 $7,103 $524,200 $228,700 $295,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71969873

MLS Property Information Network (MLS PIN)

APN: ARLI-000127-000001-000014