Jeffrey Wagner
Lamacchia Realty, Inc
(781) 737-7856
167 Total Sales
1 in City Center
$235,000 Price
22 Cedar St Taunton, MA 02780
City Center Neighborhood
13
Beds
5
Baths
5,458
Sq Ft
6,534
Sq Ft Lot
Highlights
- Medical Services
- Deck
- Wood Flooring
- City View
- Property is near public transit and schools
- Porch
About This Home
As of September 2022PROFITABLE income property with "potential for greater income" by bringing the rents up to market rate. Building will be fully rented and cash flowing. Low to no yard maintenance provides a cost savings. Five of the five units are TAW leaving room for increased revenue. Eight (8) SECURITY cameras on site with DVR stored in utility room in secured basement. Great down town neighborhood is currently being revitalized by Taunton's "Business Improvement District" initiative adding value to the area at no cost to you. rubber roof 2009, Area in Basement for coin-op laundry (current machines to convey with property and are non functioning). Average annual gross income is $96,000, Vacancy allowance of 6% ($5,760) with a current NOI of $74,900 and a cap rate of 8.86%, Building has Full Letter of Lead compliance and will be attached to MLS. New windows, New vinyl exterior, new doors (interior and exterior) installed in 2019, Five new direct vent / High efficiency combo systems 2020
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,253
Year Built
- Built in 1900
Lot Details
- 6,534 Sq Ft Lot
- Level Lot
Home Design
- Stone Foundation
- Frame Construction
- Rubber Roof
Interior Spaces
- 5,458 Sq Ft Home
- Insulated Windows
- Insulated Doors
- City Views
- Basement Fills Entire Space Under The House
- Storm Doors
Flooring
- Wood
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 13 Bedrooms
- 5 Full Bathrooms
Parking
- 5 Car Parking Spaces
- Off-Street Parking
Outdoor Features
- Deck
- Porch
Location
- Property is near public transit and schools
Utilities
- 100 Amp Service
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $8,000
- Assessor Parcel Number M:66 L:88 U:,2971119
Community Details
Overview
- 5 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
Building Details
- Net Operating Income $96,000
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 6, 2022
Closed on
Sep 28, 2022
Sold by
Melo Tony S
Bought by
Seller's Agent
Tony Melo
Trident Realty Group
Buyer's Agent
David Lenger
eXp Realty LLC
List Price
$845,000
Sold Price
$845,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$633,750
Outstanding Balance
$596,951
Interest Rate
5.13%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 15, 2019
Sold by
Melo Properties Llc
Bought by
Sousa-Melo Tony
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,915
Interest Rate
4.4%
Mortgage Type
Undefined Multiple Amounts
Purchase Details
Closed on
May 25, 2007
Sold by
Glikberg Slava
Bought by
Melo Prop Llc
Purchase Details
Closed on
Oct 5, 2001
Sold by
Ssj Rt and Elliott
Bought by
Glikberg Slava
Purchase Details
Closed on
Oct 28, 1999
Sold by
22 Cedar Street Rt and Myers
Bought by
Ssj Rt and Elliot
Home Values in the Area
Average Home Value in this Area
Agents Specializing in City Center, MA
-
Jeffrey Wagner
-
Brian Balestracci
Brian Balestracci
Milestone Realty, Inc.
(774) 713-8941
128 Total Sales
2 in City Center
$510K - $660K Price Range
-
Lia Carminati
Lia Carminati
Be Live in Realty
(617) 500-6025
59 Total Sales
1 in City Center
$440,000 Price
-
Jose Duce Rocher
JD
Jose Duce Rocher
Century 21 Limitless
(781) 633-6951
153 Total Sales
1 in City Center
$577,000 Price
-
Nogueira Realty Team
Nogueira Realty Team
Responds QuicklyRE/MAX Real Estate Center
(774) 504-2664
110 Total Sales
7 in City Center
$310K - $560K Price Range
-
Bill Thompson
Bill Thompson
Keller Williams Realty
(508) 501-9429
203 Total Sales
4 in City Center
$300K - $635K Price Range
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 |
|---|---|---|---|
| $845,000 | None Available | ||
| Sousa-Melo Tony | -- | -- | |
| Melo Prop Llc | $345,500 | -- | |
| Glikberg Slava | $220,000 | -- | |
| Ssj Rt | $165,000 | -- |
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 | $633,750 | ||
| Previous Owner | Melo Tony S | $583,915 | |
| Previous Owner | Glikberg Slava | $301,875 |
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 |
|---|---|---|---|---|
| 09/28/2022 09/28/22 | Sold | $845,000 | 0.0% | $155 / Sq Ft |
| 09/12/2022 09/12/22 | Pending | -- | -- | -- |
| 07/19/2022 07/19/22 | Off Market | $845,000 | -- | -- |
| 06/06/2022 06/06/22 | For Sale | $845,000 | -- | $155 / 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 | $9,246 | $845,200 | $103,100 | $742,100 |
| 2024 | $9,298 | $830,900 | $117,200 | $713,700 |
| 2023 | $6,615 | $549,000 | $93,800 | $455,200 |
| 2022 | $7,253 | $550,300 | $78,100 | $472,200 |
| 2021 | $6,612 | $465,600 | $71,000 | $394,600 |
| 2020 | $5,684 | $382,500 | $71,000 | $311,500 |
| 2019 | $5,409 | $343,200 | $71,000 | $272,200 |
| 2018 | $5,359 | $335,400 | $70,600 | $264,800 |
| 2017 | $5,445 | $346,600 | $67,000 | $279,600 |
| 2016 | $4,999 | $318,800 | $65,000 | $253,800 |
| 2015 | $4,544 | $302,700 | $66,000 | $236,700 |
| 2014 | $4,522 | $309,500 | $62,600 | $246,900 |
Source: Public Records
Agents Affiliated with this Home
-
Tony Melo
Seller's Agent in 2022
Tony Melo
Trident Realty Group
(508) 369-9755
2 in this area
17 Total Sales
-
David Lenger
Buyer's Agent in 2022
David Lenger
eXp Realty LLC
(508) 272-7478
1 in this area
23 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72993041
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.
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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