NOT LISTED FOR SALE

207 River St Unit 209 West Newton, MA 02465

West Newton Neighborhood

Estimated Value: $1,459,000 - $1,607,000

8 Beds
4 Baths
3,632 Sq Ft
$426/Sq Ft Est. Value

Last Sold October 30, 2014

Last sale price $688,000 $189 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $9,601/month

54 Days on Market

About This Home

As of October 2014

Let your kids excel in great Newton schools while you are generating rental income! Unique mixed use investment grade property. Legal two-family with one commercial space. Great rental opportunity, space for your home business or potential condo conversion? This home consists of two residential units and one commercial space. First residential unit includes: living room, kitchen, 3 bedrooms on first floor, full bath and office, plus two bedrooms on second floor with full bathroom. Second residential unit includes: kitchen, living, three bedrooms and full bath. Commercial/business space is located on street level. Nice grassy back yard and lot's of parking!! Corner lot in a family neighborhood off River Street in West Newton. Easy strolling distance to Franklin School, shops, town amenities, many busses, including express to Downtown.

Last Listed By

Katya Pitts

Leading Edge Real Estate Listed on: 08/07/2014

Leading Edge Real Estate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,297

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 17
  • Amenities: Public Transportation, Shopping, Park, Highway Access, House of Worship, Public School, T-Station, University
  • Electric: Fuses, Circuit Breakers
  • Flooring: Wood, Tile, Vinyl
  • Basement: Partial

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles, Rubber
  • Construction: Frame
  • Exterior: Vinyl
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 7

Utilities

  • Hot Water: Natural Gas, Electric

Schools

  • Elementary School: Franklin
  • Middle School: Day
  • High School: Newton North

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2014
Closed on
Oct 30, 2014
Sold by
Asha Nambudripad Raman and Asha Naomi
Bought by
Cai Amy W
Seller's Agent
Katya Pitts
Leading Edge Real Estate
Buyer's Agent
Holly Almgren
Coldwell Banker Realty - Cambridge
List Price
$665,000
Sold Price
$688,000
Premium/Discount to List
$23,000
3.46%
Total Days on Market
54
Current Estimated Value
$1,546,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$858,879
Avg. Annual Appreciation
8.15%
Original Mortgage
$481,600
Interest Rate
4.21%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 1994
Sold by
Mary R Scichilone Rt
Bought by
Asha Nambudripad Raman and Asha Naomi

Purchase Details

Closed on
Feb 18, 1994
Sold by
Scichilone Domenic C
Bought by
Scichilone Joseph F and Schichilone Giuseppe F

Purchase Details

Closed on
Aug 17, 1993
Sold by
Schichilone Philip R
Bought by
Scichilone Joseph F

Purchase Details

Closed on
Aug 5, 1993
Sold by
Scichilone Philip R
Bought by
Scichilone Joseph F and Scichilone Giuseppe F

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
Cai Amy W $688,000 --
Asha Nambudripad Raman $150,000 --
Scichilone Joseph F $10,000 --
Scichilone Joseph F $10,000 --
Scichilone Joseph F $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cai Amy W $470,000
Closed Cai Amy W $481,600
Previous Owner Scichilone Joseph F $65,000
Previous Owner Hamburdripad Raman $140,000
Previous Owner Scichilone Joseph F $155,300
Previous Owner Scichilone Joseph F $160,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2014 10/30/14 Sold $688,000 +3.5% $189 / Sq Ft
09/30/2014 09/30/14 Pending -- -- --
08/07/2014 08/07/14 For Sale $665,000 -- $183 / 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 $12,297 $1,254,800 $643,600 $611,200
2024 $11,891 $1,218,300 $624,900 $593,400
2023 $11,598 $1,139,300 $669,300 $470,000
2022 $11,098 $1,054,900 $619,700 $435,200
2021 $10,414 $967,800 $568,500 $399,300
2020 $10,104 $967,800 $568,500 $399,300
2019 $9,452 $904,500 $531,300 $373,200
2018 $0 $991,700 $406,300 $585,400
2017 -- $935,600 $383,300 $552,300
2016 -- $673,600 $358,200 $315,400
2015 -- $608,800 $334,800 $274,000
Source: Public Records

Agents Affiliated with this Home

  • Katya Pitts

    Seller's Agent in 2014

    Katya Pitts

    Leading Edge Real Estate

    (617) 335-8552

    45 Total Sales

    Katya Pitts
    Section Image
  • Holly Almgren

    Buyer's Agent in 2014

    Holly Almgren

    Coldwell Banker Realty - Cambridge

    (617) 413-6980

    20 Total Sales

    Holly Almgren
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71726097

MLS Property Information Network (MLS PIN)

APN: NEWT-000033-000039-000014

Massachusetts Middlesex County West Newton 02465 West Newton

207 River St Unit 209, West Newton, MA

Homes for Sale in West Newton, MA

This home is located at 207 River St Unit 209, West Newton, MA 02465 since 07 August 2014 and is currently estimated at $1,546,879, approximately $425 per square foot. This property was built in 1900. 207 River St Unit 209 is a home located in Middlesex County with nearby schools including C.C. Burr, Franklin Elementary School, and F.A. Day Middle School.

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