NOT LISTED FOR SALE

Estimated Value: $1,330,000 - $1,516,174

6 Beds
3 Baths
2,915 Sq Ft
$496/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $1,350,000 $463 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,887/month

4 Days on Market

About This Home

As of February 2022

Well maintained brick two family available in excellent Belmont location just steps to the Cambridge line! Excellent opportunity for an owner occupant or investor, this sizable property features 14 rooms total with hardwood floors throughout, great natural lighting & gas heating/cooking. 1st floor unit features recently updated full bath & stainless steel appliances in kitchen. Spacious 2nd floor unit, 8 rooms spanning over two levels, offers high ceilings & fresh paint throughout. Other recent updates include brand new hot water heaters, updated electrical, newly paved driveway & property is lead compliant! Both units feature exclusive rear decks that have been recently painted, a bonus room that is ideal for a home office & separate laundry hookups along with ample basement storage. Ideally situated just 0.4 miles from the Cambridge line, less than 1 mile to the commuter rail into Boston and only steps to the bus line into Harvard Square, this location is perfect for commuters.

Last Agent to Sell the Property

Mike DelRose

Coldwell Banker Realty - Belmont Listed on: 01/20/2022

Coldwell Banker Realty - Belmont

Co-Listed By

Bobby McShane

Coldwell Banker Realty - Belmont

Last Buyer's Agent

Ying Chen

Redfin Corp.

Redfin Corp.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,739

Year Built

  • 1928

Lot Details

  • 4,792

Additional Features

  • Property has 1 Level
  • 2 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,739

Year Built

1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Watson Road to Clyde Street OR Concord Ave to Becket Road to Clyde Street.
  • Garage Yn: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1928

Interior Features

  • Appliances: Unit 1(Range,Dishwasher,Microwave,Refrigerator), Unit 2(Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer), Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Has Basement: Full, Sump Pump, Unfinished
  • Fireplace Features: Unit 1(Fireplace - Wood burning), Unit 2(Fireplace - Wood burning)
  • Total Bathrooms: 2.5
  • MAIN LO: AN4119
  • LIST PRICE PER Sq Ft: 411.32
  • PRICE PER Sq Ft: 463.12
  • MAIN SO: NB3534
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Wood,Tile, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans,Lead Certification Available,Cedar Closet,Bathroom With Tub), Unit 2(Ceiling Fans,Lead Certification Available,Bathroom With Tub), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Office/Den), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Office/Den)
  • Stories: 3

Exterior Features

  • Roof: Shingle
  • Exterior Features: Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Foundation Details: Block
  • Disclosures: 1st Floor Unit Is Currently Rented For $2, 600 And Is Taw. Contact Superintendent's Office For Elementary School Placement.
  • Patio And Porch Features: Deck
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Paved
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Heating: Unit 1(Steam,Gas), Unit 2(Steam,Gas)
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Highway Access, Public School
  • HOA Rent Includes: Unit 1(Water)

Schools

  • High School: Belmont High
  • Middle Or Junior School: Chenery

Lot Info

  • LOT SIZE: 4860
  • PAGE: 401
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 4791.6
  • Zoning: RES

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2
  • Annual Gross Income: 31200
  • Property Net Operating Income: 31200
  • Number Of Units Total: 2
  • Total Actual Rent: 2600

Tax Info

  • Tax Annual Amount: 12278.56
  • Tax Book Number: 24736
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Feb 24, 2022
Sold by
Kasparian Charles V
Bought by
Shi Lei
Seller's Agent
Mike DelRose
Coldwell Banker Realty - Belmont
Buyer's Agent
Ying Chen
Redfin Corp.
List Price
$1,199,000
Sold Price
$1,350,000
Premium/Discount to List
$151,000
12.59%
Current Estimated Value
$1,444,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,544
Avg. Annual Appreciation
1.88%
Original Mortgage
$939,000
Outstanding Balance
$873,591
Interest Rate
3.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$570,953

Purchase Details

Closed on
Dec 13, 2021
Sold by
Kasparian Charles V
Bought by
Kasparian Charles V

Purchase Details

Closed on
Dec 9, 2021
Sold by
Kasparian Charles V
Bought by
Kasparian Craig C

Purchase Details

Closed on
Jul 28, 1994
Sold by
Yu Lily
Bought by
Kasparian Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shi Lei $1,350,000 None Available
Kasparian Charles V -- None Available
Kasparian Craig C -- None Available
Kasparian Charles $262,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shi Lei $939,000
Previous Owner Kasparian Charles $181,000
Previous Owner Kasparian Charles $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2022 02/24/22 Sold $1,350,000 +12.6% $463 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $1,199,000 -- $411 / 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 $14,739 $1,294,000 $732,000 $562,000
2024 $13,496 $1,278,000 $913,000 $365,000
2023 $13,072 $1,163,000 $796,000 $367,000
2022 $12,600 $1,090,000 $748,000 $342,000
2021 $12,279 $1,064,000 $780,000 $284,000
2020 $11,858 $1,078,000 $764,000 $314,000
2019 $10,491 $899,000 $568,000 $331,000
2018 $10,291 $847,000 $516,000 $331,000
2017 $10,215 $805,000 $474,000 $331,000
2016 $10,073 $802,000 $474,000 $328,000
2015 $8,733 $677,000 $394,000 $283,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72935408

MLS Property Information Network (MLS PIN)

APN: BELM-000020-000010