NOT LISTED FOR SALE

Estimated Value: $1,207,000 - $1,414,000

6 Beds
4 Baths
2,565 Sq Ft
$512/Sq Ft Est. Value

Last Sold June 16, 2016

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

Est. 102% increase in value since last sale

Current estimated payment $8,256/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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2001
Sold by
Paiva Marcia L
Bought by
Paiva Michael and Paiva Lisa
Total Days on Market
64
Current Estimated Value
$1,312,685

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

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Range of Values:

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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
Paiva Michael $318,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Joe $910,000
Closed Zhu Joe $910,000
Closed Paiva Lisa $468,000
Closed Paiva Lisa $460,000
Closed Paiva Lisa $80,000
Closed Paiva Lisa $339,300
Closed Paiva Michael $60,000
Closed Paiva Michael $273,000
Closed Paiua Marcia L $255,000
Previous Owner Paiua Marcia L $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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