NOT LISTED FOR SALE

Estimated Value: $732,000 - $802,000

4 Beds
2 Baths
2,236 Sq Ft
$345/Sq Ft Est. Value

Last Sold May 03, 2024

Last sale price $780,000 $349 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $4,995/month

13 Days on Market

Highlights

  • Property is near public transit
  • Porch
  • Living Room
  • Wood Flooring
  • Cooling System Mounted In Outer Wall Opening
  • Fenced

About This Home

As of May 2024

Welcome to 2 MECHANIC ST in SAXONVILLE!This 2-unit Family home, with finished basement , presents a lucrative investment opportunity. Boasting 5 bedrooms and 2 bathrooms across two units, this property is ideal for owner occupancy or portfolio expansion.Conveniently located near retail shops and recreational facilities, this home offers both convenience and potential.Buyers and agents are encouraged to conduct thorough due diligence.Please respect the privacy of the tenants and refrain from walking the property individually. Group showings are available.Don't miss out on this promising investment opportunity!Property is being sold AS IS condition. Buyers and Buyer's agent to verify all information. Seller reserves the right to accept an offer at anytime.

Last Agent to Sell the Property

Rita Silva-Martins

eXp Realty Listed on: 03/25/2024

eXp Realty

Last Buyer's Agent

Nasser Muzaaya

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,297

Year Built

  • Built in 1900

Lot Details

  • 4,051 Sq Ft Lot
  • Fenced

Parking

  • 3 Car Parking Spaces

Home Design

  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2,236 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Living Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Washer and Gas Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

  • Choice Elementary And Middle School
  • Framingham High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • 110 Volts

Additional Features

  • Porch
  • Property is near public transit

Community Details

  • 2 Units
  • Net Operating Income $55,200

Listing and Financial Details

  • Total Actual Rent $5,500
  • Rent includes unit 1(water hot water), unit 2(water hot water)
  • Assessor Parcel Number M:050 B:33 L:4460 U:000,496280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,297

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood
  • Interior Amenities: Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Dishwasher
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Basement: Full
  • Living Area: 2236
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AC0342
  • LIST PRICE PER Sq Ft: 335.42
  • PRICE PER Sq Ft: 348.84
  • MAIN SO: AC0342

Exterior Features

  • Fencing: Fenced/Enclosed
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Dryer, Washer Hookup, Varies per Unit
  • Cooling: Wall Unit(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Electric: 110 Volts
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Rent Includes: Unit 1(Water,Hot Water), Unit 2(Water,Hot Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:050 B:33 L:4460 U:000,496280
  • Zoning: R-1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 4051
  • Lot Size Units: Acres
  • PAGE: 85
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7297
  • Tax Book Number: 67558

Multi Family

  • Gross Income: 66000
  • Net Operating Income: 55200
  • Number Of Units Total: 2
  • Total Actual Rent: 5500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Framingham High
  • Elementary School: Choice
  • Middle Or Junior School: Choice

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2018
Sold by
A & R Brothers Constr Ll
Bought by
Cardoso-Dacruz Sabrina and Dacruz Rafael M
Total Days on Market
13
Current Estimated Value
$771,283

Purchase Details

Closed on
Feb 11, 2016
Sold by
Lopez Adrovando P and Deutsche Bk Natl T Co
Bought by
Deutsche Bk Natl T Co

Purchase Details

Closed on
Jul 30, 2003
Sold by
Lopez Adrovando P
Bought by
Lopez Adrovando P and Hernandez Alda

Purchase Details

Closed on
Feb 27, 2003
Sold by
Gordon Lane P
Bought by
Lopez Adrovando P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,952
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 1997
Sold by
Lecours Reginald R
Bought by
Tokyo Rt and Gordon
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
Cardoso-Dacruz Sabrina -- --
Cardoso-Dacruz Sabrina -- --
Cardoso-Dacruz Sabrina -- --
Deutsche Bk Natl T Co $844,286 --
Deutsche Bk Natl T Co $844,286 --
Deutsche Bk Natl T Co $844,286 --
Lopez Adrovando P -- --
Lopez Adrovando P -- --
Lopez Adrovando P $337,000 --
Lopez Adrovando P $337,000 --
Tokyo Rt $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nakirya Catherine $702,000
Closed Nakirya Catherine $702,000
Previous Owner A $185,000
Previous Owner Lopez Adrovando P $430,000
Previous Owner Lopez Adrovando P $366,300
Previous Owner Lopez Adrovando P $324,952
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $780,000 +4.0% $349 / Sq Ft
04/08/2024 04/08/24 Pending -- -- --
03/25/2024 03/25/24 For Sale $750,000 -- $335 / 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 $7,983 $668,600 $255,100 $413,500
2024 $7,297 $585,600 $227,700 $357,900
2023 $7,066 $539,800 $203,200 $336,600
2022 $7,013 $510,400 $184,400 $326,000
2021 $6,557 $466,700 $177,300 $289,400
2020 $6,247 $417,000 $161,100 $255,900
2019 $5,771 $375,200 $161,100 $214,100
2018 $5,688 $348,500 $155,100 $193,400
2017 $5,324 $318,600 $150,500 $168,100
2016 $5,303 $305,100 $150,500 $154,600
2015 $5,241 $294,100 $146,400 $147,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73215991

MLS Property Information Network (MLS PIN)

APN: FRAM-000050-000033-004460