NOT LISTED FOR SALE

Estimated Value: $1,162,000 - $1,305,084

5 Beds
2 Baths
2,330 Sq Ft
$530/Sq Ft Est. Value

Last Sold July 30, 2014

Last sale price $650,000 $279 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $7,786/month

47 Days on Market

About This Home

As of July 2014

Fabulous opportunity for both owner-occupants and investors! Solid two family home featuring hardwood floors throughout, new roof (2013), rebuilt back porches (2010), updated windows and baths. First floor unit offers 5 rooms, 2 bedrooms and 1 bath. Second and third floor unit boasts 8 rooms, 3/4 bedrooms and 1 bath. Wonderful double width driveway and two car garage for plenty of parking. Steps to Town Field. Walk to public transportation and Butler elementary school. Property to be delivered vacant.

Last Agent to Sell the Property

Terry Falcone McCarthy

Coldwell Banker Realty - Belmont Listed on: 05/14/2014

Coldwell Banker Realty - Belmont

Last Buyer's Agent

Stephen Cafferky

People's Choice Realty & Management

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,618

Year Built

1928

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1928

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 13
  • Amenities: Public Transportation, Shopping, Swimming Pool, Park, Public School
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Tile, Hardwood
  • Basement: Full

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Aluminum, Vinyl
  • Exterior Features: Porch - Enclosed, Gutters
  • Foundation: Concrete Block

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Heat Zones: 3
  • Utility Connections: for Gas Range

Schools

  • Elementary School: Butler
  • Middle School: Chenery
  • High School: Belmont High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2014
Closed on
Jul 30, 2014
Sold by
206 and 208 Beech R
Bought by
Eldridge Cortney and Eldridge Daniel
Seller's Agent
Terry Falcone McCarthy
Coldwell Banker Realty - Belmont
Buyer's Agent
Stephen Cafferky
People's Choice Realty & Management
List Price
$625,000
Sold Price
$650,000
Premium/Discount to List
$25,000
4%
Current Estimated Value
$1,245,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$595,282
Avg. Annual Appreciation
5.24%
Original Mortgage
$520,000
Interest Rate
4.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2011
Sold by
Forand Donald J
Bought by
206-208 Beech Street R and Bonfiglio John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.83%

Purchase Details

Closed on
Dec 16, 2010
Sold by
Nnielsen-Forand Mary Rita
Bought by
Forand Donald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.83%

Purchase Details

Closed on
Feb 14, 1992
Sold by
Frassica Tr Eugenia M
Bought by
Bonfiglio John J and Nielsen Theodore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
8.18%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Eldridge Cortney $650,000 --
206-208 Beech Street R -- --
Forand Donald J -- --
Bonfiglio John J $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eldridge Daniel $447,500
Closed Eldridge Daniel $515,000
Closed Eldridge Cortney $520,000
Previous Owner Bonfiglio John J $100,000
Previous Owner Nielsen Theodore F $100,000
Previous Owner Bonfiglio John J $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2014 07/30/14 Sold $650,000 +4.0% $279 / Sq Ft
06/30/2014 06/30/14 Pending -- -- --
05/14/2014 05/14/14 For Sale $625,000 -- $268 / 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 $11,618 $1,020,000 $514,000 $506,000
2024 $10,824 $1,025,000 $681,000 $344,000
2023 $10,745 $956,000 $642,000 $314,000
2022 $10,103 $874,000 $588,000 $286,000
2021 $9,867 $855,000 $650,000 $205,000
2020 $8,547 $777,000 $543,000 $234,000
2019 $8,344 $715,000 $421,000 $294,000
2018 $8,226 $677,000 $383,000 $294,000
2017 $8,185 $645,000 $351,000 $294,000
2016 $7,423 $591,000 $312,000 $279,000
2015 $6,618 $513,000 $285,000 $228,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71680579

MLS Property Information Network (MLS PIN)

APN: BELM-000029-000007