Seller's Agent in 2019
Batya & Alex Team
William Raveis R.E. & Home Services
(617) 360-1991
2 in this area
74 Total Sales
197 Walnut St Newtonville, MA 02460
Newtonville NeighborhoodEstimated Value: $1,711,053 - $2,088,000
7
Beds
4
Baths
3,649
Sq Ft
$523/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Patio
- 4-minute walk to Lowell Park
- Horace Mann Elementary School Rated A
About This Home
As of July 2019Unique opportunity to own a gorgeous RENOVATED Victorian multi family in the heart of Newtonville right by the Washington Place and 28 Austin Street developments. Steps to the commuter rail, express bus to downtown Boston, Mass Pike, supermarkets, restaurants, coffee shops and many more. Walking distance schools. New systems include gas heating and central AC throughout the home with irrigation system, newer roof, gorgeous paved driveway and expansive stone patio. Sun soaked living and dining rom and newly renovated beautiful eat in kitchens w/ granite countertops and all stainless steel appliances and updated bathrooms. New electrical/ recessed lighting and 2 wood burning working fireplaces. The area has a great value increase potential because of the new condo developments. INVESTORS! There is attractive condo conversion potential and attractive rental opportunity. Cap rate is about 5%. Both units are fully tenanted below market rates. $100,000 + annual income easy to achieve.
Last Agent to Sell the Property
William Raveis R.E. & Home Services Listed on: 05/08/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,528
Year Built
- Built in 1880
Lot Details
- 10,019
Flooring
- Wood
- Tile
Additional Features
- Patio
- Year Round Access
- Natural Gas Water Heater
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2019
Closed on
Jun 10, 2019
Sold by
Deutsch Sarah
Bought by
Chen Feiya
Seller's Agent
Batya & Alex Team
William Raveis R.E. & Home Services
Buyer's Agent
Patrick Yuan
Dreamega International Realty LLC
List Price
$1,649,000
Sold Price
$1,600,000
Premium/Discount to List
-$49,000
-2.97%
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
$313,582
Avg. Annual Appreciation
2.73%
Original Mortgage
$600,000
Interest Rate
3.82%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 1, 2003
Sold by
Escalante Josephine D
Bought by
Deutsch Sarah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,100
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 8, 1999
Sold by
Priore Rt and Lupriorie Leonard
Bought by
Escalante Josephine D and Fulton Jack
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Feiya | $1,600,000 | -- | |
| Deutsch Sarah | $709,450 | -- | |
| Escalante Josephine D | $457,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Dewane Madeline | $1,300,000 | |
| Closed | Chen Feiya | $600,000 | |
| Previous Owner | Deutsch Sarah | $413,100 | |
| Previous Owner | Escalante Josephine D | $350,000 | |
| Closed | Escalante Josephine D | $15,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2019 07/19/19 | Sold | $1,600,000 | -3.0% | $438 / Sq Ft |
| 05/29/2019 05/29/19 | Pending | -- | -- | -- |
| 05/08/2019 05/08/19 | For Sale | $1,649,000 | -- | $452 / 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 | $17,528 | $1,788,600 | $803,000 | $985,600 |
| 2024 | $16,948 | $1,736,500 | $779,600 | $956,900 |
| 2023 | $15,607 | $1,533,100 | $604,200 | $928,900 |
| 2022 | $14,933 | $1,419,500 | $559,400 | $860,100 |
| 2021 | $14,013 | $1,302,300 | $513,200 | $789,100 |
| 2020 | $11,447 | $1,096,500 | $488,800 | $607,700 |
| 2019 | $10,709 | $1,024,800 | $456,800 | $568,000 |
| 2018 | $10,855 | $1,003,200 | $430,200 | $573,000 |
| 2017 | $10,235 | $920,400 | $394,700 | $525,700 |
| 2016 | $9,609 | $844,400 | $362,100 | $482,300 |
| 2015 | $9,163 | $789,200 | $338,400 | $450,800 |
Source: Public Records
Agents Affiliated with this Home
-
-
P
Buyer's Agent in 2019
Patrick Yuan
Dreamega International Realty LLC
40 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72496459
APN: NEWT-000021-000028-000004
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