NOT LISTED FOR SALE

Estimated Value: $1,509,256

10 Beds
8 Baths
5,775 Sq Ft
$261/Sq Ft Est. Value

Last Sold September 21, 2023

Last sale price $1,950,000 $338 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $7,907/month

90 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Shops
  • Property is near public transit
  • Corner Lot
  • Storm Doors

About This Home

As of September 2023

192-196 Elm Street, a three story eight (8) unit mixed-use building is located on the corner of Calhoun Avenue and Elm Street in the hot market of Everett, Massachusetts. The property boasts a total of 8,541 gross square footage and 5,757 of living area. The property features five (5) residential apartments and three (3) commercial units. The apartment unit-mix consists of one (1) studio, three (3) two-bedroom apartments, one (1) three-bedroom apartment. All residential units have recently undergone renovations in the kitchens, bathrooms, floors, paint, lighting as well as upgraded electrical with sub-panels in the units. The roof was completed three years ago, newly vinyl siding, and one (1) off-street parking spot. All tenants are responsible for their own individually metered heat, hot water, and electric.

Last Agent to Sell the Property

Sara Pouladian

North Shore Realty Advisors Listed on: 02/14/2023

Co-Listed By

Dan Pouladian

North Shore Realty Advisors

Last Buyer's Agent

ZAHIDUL ISLAM

Cameron Prestige, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,800

Year Built

  • Built in 1910

Lot Details

  • 4,805 Sq Ft Lot
  • Corner Lot

Home Design

  • Brick Foundation
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 5,775 Sq Ft Home
  • Insulated Windows
  • Storm Doors
  • Unfinished Basement

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms

Parking

  • 1 Car Parking Space
  • Off-Street Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 100 Amp Service
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $15,500
  • Assessor Parcel Number 485500

Community Details

Overview

  • 8 Units
  • Property has 2 Levels

Amenities

  • Shops
  • Coin Laundry

Building Details

  • Electric Expense $540
  • Insurance Expense $4,500
  • Water Sewer Expense $4,243
  • Operating Expense $36,070
  • Net Operating Income $141,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,800

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1910
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Tile,Vinyl
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections Varies per Unit
  • Total Bedrooms: 10
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bathrooms: 8
  • Basement: Unfinished
  • Living Area: 5775
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AN7007
  • MAIN SO: AN4281

Exterior Features

  • Exterior Features: Deck - Wood
  • Construction Materials: Frame
  • Foundation Details: Block, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle, Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, Varies per Unit
  • Electric: Circuit Breakers, 100 Amp Service
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Laundromat, Highway Access, Public School
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 4243

Lot Info

  • Parcel Number: 485500
  • Zoning: BD
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.11
  • Lot Size Sq Ft: 4805
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Varies per Unit

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 18800

Multi Family

  • Electric Expense: 540
  • Insurance Expense: 4500
  • Net Operating Income: 141200
  • Number Of Units Total: 8
  • Operating Expense: 36070
  • Total Actual Rent: 15500
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2020
Sold by
Teresa Rt
Bought by
192-196 Elm Street Llc
Current Estimated Value
$1,509,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Outstanding Balance
$744,138
Interest Rate
3.4%
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
192-196 Elm Street Llc $1,050,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 192-196 Elm Street Llc $840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2023 09/21/23 Sold $1,950,000 -6.9% $338 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
04/10/2023 04/10/23 Price Changed $2,095,000 -0.2% $363 / Sq Ft
02/14/2023 02/14/23 For Sale $2,100,000 -- $364 / 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 -- $1,373,600 $250,500 $1,123,100
2024 -- $1,144,900 $228,200 $916,700
2023 $0 $1,094,400 $218,300 $876,100
2022 $0 $1,059,400 $193,500 $865,900
2021 $0 $1,048,100 $186,500 $861,600
2020 $16,526 $913,900 $186,500 $727,400
2019 $13,702 $830,800 $177,600 $653,200
2018 $0 $695,500 $154,800 $540,700
2017 -- $628,600 $138,900 $489,700
2016 -- $581,200 $124,000 $457,200
2015 -- $560,100 $111,900 $448,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73078838

MLS Property Information Network (MLS PIN)

APN: EVER-000000-N000003-000073