NOT LISTED FOR SALE

212 Derby St Unit 214 West Newton, MA 02465

West Newton Neighborhood

Estimated Value: $1,206,000 - $1,371,779

4 Beds
4 Baths
2,288 Sq Ft
$562/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $1,022,000 $447 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,749/month

5 Days on Market

Highlights

  • Medical Services
  • Deck
  • 2 Fireplaces
  • Franklin Elementary School Rated A
  • Wood Flooring
  • Corner Lot

About This Home

As of March 2022

Investors, Developers, and end users take notice! 212-214 Derby street is a grandfathered 2 family located in an SR3 zone. Situated in West Newton along with some of the best public schools the state has to offer. Top tenant is TAW and bottom tenant is sub letting until June 2022. Looking to get into Newton and all it has to offer? This may be your place! Buyers or Buyers agent to do own due diligence. Offers, if any, are due on Monday January 24th at 6pm. Showings begin Thursday January 20th.

Last Agent to Sell the Property

Craig Brody

Douglas Elliman Real Estate - Park Plaza Listed on: 01/18/2022

Douglas Elliman Real Estate - Park Plaza

Last Buyer's Agent

Haosheng Zhang

Phoenix Real Estate Partners, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,645

Year Built

  • Built in 1925

Lot Details

  • 9,583 Sq Ft Lot
  • Corner Lot

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2,288 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Wood Flooring
  • Unfinished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Schools

  • Franklin Elementary School
  • F A Day Middle School
  • Newton North High School

Additional Features

  • Deck
  • Property is near schools
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $3,600
  • Assessor Parcel Number 689933

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Net Operating Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,645

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1925
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Utility Connections for Gas Range
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bathrooms: 2
  • Total Bathrooms: 4
  • Basement: Walk-Out Access, Unfinished
  • Living Area: 2288
  • Stories Total: 3
  • MAIN LO: AN4282
  • LIST PRICE PER Sq Ft: 414.77
  • PRICE PER Sq Ft: 446.68
  • MAIN SO: AN2591

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School

Lot Info

  • Parcel Number: 689933
  • Zoning: SR3
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Sq Ft: 9583.2
  • Lot Size Units: Acres
  • LOT SIZE: 9626
  • PAGE: 0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7644.88
  • Tax Book Number: 0

Multi Family

  • Gross Income: 43200
  • Net Operating Income: 43200
  • Number Of Units Total: 2
  • Total Actual Rent: 3600
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Newton North
  • Elementary School: Franklin
  • Middle Or Junior School: F A Day Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2022
Closed on
Mar 11, 2022
Sold by
Brockway Rt
Bought by
Zhang Haosheng
Seller's Agent
Craig Brody
Douglas Elliman Real Estate - Park Plaza
Buyer's Agent
Haosheng Zhang
Phoenix Real Estate Partners, LLC
List Price
$949,000
Sold Price
$1,022,000
Premium/Discount to List
$73,000
7.69%
Current Estimated Value
$1,286,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,945
Avg. Annual Appreciation
4.86%
Original Mortgage
$757,500
Outstanding Balance
$709,667
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$498,117

Purchase Details

Closed on
Jan 18, 2017
Sold by
Brockway Kathleen M
Bought by
Brockway Rt

Purchase Details

Closed on
Sep 22, 2004
Sold by
Mcintyre Theresa M
Bought by
Brockway Kathleen M
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Zhang Haosheng $1,010,000 None Available
Brockway Rt -- --
Brockway Kathleen M -- --
Brockway Kathleen M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Haosheng $757,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $1,022,000 +7.7% $447 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $949,000 -- $415 / 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 $10,717 $1,093,600 $644,000 $449,600
2024 $10,362 $1,061,700 $625,200 $436,500
2023 $9,128 $896,700 $494,600 $402,100
2022 $7,645 $726,700 $458,000 $268,700
2021 $7,174 $666,700 $420,200 $246,500
2020 $6,960 $666,700 $420,200 $246,500
2019 $6,511 $623,100 $392,700 $230,400
2018 $6,542 $604,600 $372,000 $232,600
2017 $6,168 $554,700 $341,300 $213,400
2016 $5,791 $508,900 $313,100 $195,800
2015 $5,522 $475,600 $292,600 $183,000
Source: Public Records

Agents Affiliated with this Home

  • Craig Brody

    Seller's Agent in 2022

    Craig Brody

    Douglas Elliman Real Estate - Park Plaza

    (617) 519-1480

    1 in this area

    27 Total Sales

    Craig Brody
    Section Image

  • H

    Buyer's Agent in 2022

    Haosheng Zhang

    Phoenix Real Estate Partners, LLC

    (314) 681-8369

    1 in this area

    13 Total Sales

    Haosheng Zhang
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72934613

MLS Property Information Network (MLS PIN)

APN: NEWT-000034-000034-000001

Massachusetts Middlesex County West Newton 02465 West Newton

212 Derby St Unit 214, West Newton, MA

This home is located at 212 Derby St Unit 214, West Newton, MA 02465 since 18 January 2022 and is currently estimated at $1,286,945, approximately $562 per square foot. This property was built in 1925. 212 Derby St Unit 214 is a home located in Middlesex County with nearby schools including Franklin Elementary School, F.A. Day Middle School, and Newton North High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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