NOT LISTED FOR SALE

Estimated Value: $1,610,000 - $1,914,749

6 Beds
3 Baths
3,580 Sq Ft
$486/Sq Ft Est. Value

Last Sold September 25, 2018

Last sale price $1,200,000 $335 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $10,844/month

7 Days on Market

About This Home

As of September 2018

Impeccable turnkey INVESTMENT THREE-FAMILY property in desirable commuter location. This fully RENTED opportunity has three separate 2 bedroom units full of character combined with modern updates. Since 2013, the property has been improved with HIGH EFFICIENCY heating systems, brand new ELECTRICAL, conversion from oil to gas, BRAND NEW garage, updated bathroom fixtures, replacement WINDOWS and UPDATED KITCHENS. Coin-operated laundry in the basement and so much more. Located one block from the bus to Harvard Square, 0.5 miles to the Express Bus to Boston and a short drive to the Mass Pike and Storrow Drive - this is a commuter's dream. In evolving Watertown, this property is a short distance to the Arsenal Yards development and their restaurants, grocery store and entertainment options. Don't miss out on this incredible INVESTMENT opportunity.

Last Agent to Sell the Property

The Madden Team

Keller Williams Realty Boston Northwest Listed on: 08/01/2018

Keller Williams Realty Boston Northwest

Last Buyer's Agent

Albert Bouchie

Advisors Commercial

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,708

Year Built

  • Built in 1900

Lot Details

  • 5,227

Parking

  • 2 Car Garage

Additional Features

  • Wood Flooring
  • Enclosed Patio or Porch
  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:1012 B:0003 L:0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,708

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 332.40
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Fireplaces: 2
  • Flooring: Wood
  • Total Flrs: 6
  • Total Frplcs: 2
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Full, Walk Out, Concrete Floor
  • Main Lo: AN4870
  • Main So: K95001
  • Estimated Sq Ft: 3580.00

Exterior Features

  • Roof Material: Slate
  • Exterior: Stucco
  • Exterior Features: Porch, Porch - Enclosed
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Assigned, Paved Driveway
  • Parking Spaces: 6
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 220 Volts, Circuit Breakers, 100 Amps
  • Sewage District: MWRA
  • Cooling Zones: 1
  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven
  • Cooling Units: 1

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
  • App Common: Washer, Dryer
  • Hea Common: Gas

Schools

  • Elementary School: Hosmer
  • Middle School: Watertown
  • High School: Watertown

Lot Info

  • Assessments: 971600.00
  • Lot: 0000
  • Acre: 0.12
  • Lot Size: 5288.00
  • Page: 176
  • Parcel Number: M:1012 B:0003 L:0000
  • Zoning: SC
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • APOD Available: Yes
  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 6550
  • Total Rms: 15
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 13087.00
  • Assessor Parcel Number: 852784

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Sep 25, 2018
Sold by
Kadis Realty 2 Inc
Bought by
White Joseph P
Seller's Agent
The Madden Team
Keller Williams Realty Boston Northwest
Buyer's Agent
Albert Bouchie
Advisors Commercial
List Price
$1,190,000
Sold Price
$1,200,000
Premium/Discount to List
$10,000
0.84%
Current Estimated Value
$1,741,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$541,437
Avg. Annual Appreciation
3.40%
Original Mortgage
$840,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Listed on
Feb 28, 2013
Closed on
Apr 30, 2013
Sold by
Sadrabadi Mehdi A
Bought by
Kadis Realty 2 Inc
Seller's Agent
Al Abbaspour
Realty Executives
Buyer's Agent
Miro Fitkova
Fitkova Realty Group
List Price
$749,000
Sold Price
$775,000
Premium/Discount to List
$26,000
3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.42%
Original Mortgage
$425,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2012
Closed on
Dec 14, 2012
Sold by
Joyce Ft
Bought by
Sadrabadi Mehdi A
Seller's Agent
Paul Winters
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Al Abbaspour
Realty Executives
List Price
$729,000
Sold Price
$640,000
Premium/Discount to List
-$89,000
-12.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
65.48%

Purchase Details

Closed on
Nov 19, 2007
Sold by
Joyce Eileen M and Joyce George H
Bought by
Joyce Tr Eileen M and Joyce George H
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
White Joseph P $1,200,000 --
Kadis Realty 2 Inc $775,000 --
Kadis Realty 2 Inc $775,000 --
Sadrabadi Mehdi A $640,000 --
Joyce Tr Eileen M -- --
Joyce Tr Eileen M -- --
Joyce Tr Eileen M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open White Joseph P $825,000
Closed White Joseph P $840,000
Closed White Joseph P $840,000
Previous Owner Kadis Realty Ii Inc $390,000
Previous Owner Kadis Realty 2 Inc $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2018 09/25/18 Sold $1,200,000 +0.8% $335 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $1,190,000 +53.5% $332 / Sq Ft
04/30/2013 04/30/13 Sold $775,000 +3.5% $216 / Sq Ft
03/31/2013 03/31/13 Pending -- -- --
02/28/2013 02/28/13 For Sale $749,000 +17.0% $209 / Sq Ft
12/14/2012 12/14/12 Sold $640,000 -12.2% $179 / Sq Ft
11/14/2012 11/14/12 Pending -- -- --
09/20/2012 09/20/12 For Sale $729,000 -- $204 / 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 $15,708 $1,344,900 $471,500 $873,400
2024 $15,590 $1,332,500 $471,100 $861,400
2023 $17,685 $1,302,300 $455,900 $846,400
2022 $16,274 $1,228,200 $410,300 $817,900
2021 $14,575 $1,189,800 $402,700 $787,100
2020 $14,180 $1,168,000 $387,500 $780,500
2019 $13,850 $1,075,300 $372,300 $703,000
2018 $13,087 $971,600 $330,500 $641,100
2017 $12,098 $871,000 $330,500 $540,500
2016 $11,390 $832,600 $296,300 $536,300
2015 $10,081 $670,700 $281,100 $389,600
2014 $8,227 $549,900 $281,100 $268,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72371798

MLS Property Information Network (MLS PIN)

APN: WATE-001012-000003