NOT LISTED FOR SALE

20 Wells Ave Watertown, MA 02472

East Watertown Neighborhood

Estimated Value: $1,047,000 - $1,366,000

4 Beds
3 Baths
3,135 Sq Ft
$389/Sq Ft Est. Value

Sale Details

Date Sold: August 16, 2023

Last sale price $1,210,000 $386 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,645 / mo

6 Days on Market

Highlights

  • Deck
  • Laundry Room
  • Fenced
  • Tandem Parking
  • 1 Car Garage
  • 3-minute walk to Watertown Linear Park

About This Home

As of August 2023

Location. Location. Location. Attention investors and buyers looking to build equity. Nestled in a prime location in the eastside of Watertown; steps from Deluxe diner, Arsenal Yards, and transportation. This multi family home has two IMPRESSIVE units combined for over 3000+ square feet of versatile living space. Unit 1 has 2 bedrooms and 2 baths -The main level has an updated kitchen with granite countertops/stainless steel appliances. It also boasts a BRAND NEW modern bathroom. The lower level features a spacious family room/gym, bath, laundry and an additional room suitable for use as a bedroom, office, or workshop. Enjoy the benefits of an amazing fenced-in backyard and garage. The 2nd floor unit showcases a 1+ bedroom, living room, kitchen and a BREATHTAKING large private deck. Whether you are in investor looking for great rental income or a buyer looking for a place to call home with ability to pay off your mortgage-this home is not to be missed.

Last Agent to Sell the Property

Claire Kotzampaltiris

Maloney Properties LLC Listed on: 06/15/2023

Last Buyer's Agent

Mahnaz Zeinali

JnC Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,064

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 4,121 Sq Ft Lot
  • Fenced

Parking

  • 1 Car Garage
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Block Foundation

Interior Spaces

  • 3,135 Sq Ft Home
  • Property has 2 Levels
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Outdoor Features

  • Deck
  • Rain Gutters

Community Details

  • 2 Units
  • Net Operating Income $119,988

Listing and Financial Details

  • Total Actual Rent $6,000
  • Assessor Parcel Number M:1241 B:0045D L:0000,855272

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,064

Year Built

Built in 1920 | Remodeled

Lot Details

4,121 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Property Condition: Unit 1 Remodeled
  • Year Built: 1920
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors)
  • Interior Amenities: Unit 1(Storage,Crown Molding,Stone/Granite/Solid Counters,Upgraded Cabinets,Upgraded Countertops,Bathroom with Shower Stall,Bathroom With Tub & Shower,Open Floor Plan,Slider), Unit 2(Ceiling Fans,Storage,Bathroom with Shower Stall), Unit 1 Rooms(Living Room,Dining Room,Family Room,Mudroom,Other (See Remarks)), Unit 2 Rooms(Living Room)
  • Fireplace YN: No
  • Appliances: Unit 2(Range,Microwave,Refrigerator)
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Unit 1 Laundry Room, Unit 1(Washer Hookup,Dryer Hookup)
  • Basement: Full, Interior Entry, Sump Pump
  • Living Area: 3135
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: BB3875
  • MAIN SO: AN5439

Exterior Features

  • Exterior Features: Rain Gutters, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Fencing: Fenced
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Roof, Deck - Wood
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 2

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:1241 B:0045D L:0000,855272
  • Zoning: T
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 4121
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11064

Multi Family

  • Net Operating Income: 119988
  • Number Of Units Total: 2
  • Total Actual Rent: 6000
  • LEVELS 1: 2
  • Basement Included Sq Ft: Yes
  • LEASE 2: N
  • LEASE 1: N

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
Aug 16, 2023
Sold by
Bought by
Seller's Agent
Claire Kotzampaltiris
Maloney Properties LLC
Buyer's Agent
Mahnaz Zeinali
JnC Real Estate LLC
List Price
$1,200,000
Sold Price
$1,210,000
Premium/Discount to List
$10,000
0.83%
Views
72
Current Estimated Value
$1,220,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,360
Avg. Annual Appreciation
0.30%
Original Mortgage
$1,060,000
Outstanding Balance
$1,029,523
Interest Rate
6.81%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$190,837

Purchase Details

Closed on
Oct 21, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,210,000 None Available
$335,000 --
$335,000 --
$335,000 --
$335,000 --
$400,000 --
$400,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,060,000
Closed $1,060,000
Previous Owner $268,000
Previous Owner $320,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/16/2023 08/16/23 Sold $1,210,000 +0.8% $386 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $1,200,000 -- $383 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,402 $1,061,800 $460,100 $601,700
2024 $9,746 $833,000 $446,600 $386,400
2023 $11,064 $814,700 $432,200 $382,500
2022 $10,225 $771,700 $389,000 $382,700
2021 $9,223 $752,900 $381,800 $371,100
2020 $8,884 $731,800 $367,400 $364,400
2019 $8,402 $652,300 $352,900 $299,400
2018 $7,852 $582,900 $313,300 $269,600
2017 $8,096 $582,900 $313,300 $269,600
2016 $7,531 $550,500 $280,900 $269,600
2015 $7,159 $476,300 $266,500 $209,800
2014 $7,125 $476,300 $266,500 $209,800
Source: Public Records

Agents Affiliated with this Home

  • Claire Kotzampaltiris

    Seller's Agent in 2023

    Claire Kotzampaltiris

    Maloney Properties LLC

    (781) 974-2463

    4 in this area

    57 Total Sales

    Claire Kotzampaltiris
    Section Image
  • Mahnaz Zeinali

    Buyer's Agent in 2023

    Mahnaz Zeinali

    JnC Real Estate LLC

    (617) 817-8656

    2 in this area

    48 Total Sales

    Mahnaz Zeinali
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73125614

MLS Property Information Network (MLS PIN)

APN: WATE-001241-000045D

Massachusetts Middlesex County Watertown 02472 East Watertown

20 Wells Ave, Watertown, MA

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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