NOT LISTED FOR SALE

23 Wright St Stoneham, MA 02180

Nobility Hill Neighborhood

Estimated Value: $704,000 - $826,000

4 Beds
2.5 Baths
1,480 Sq Ft
$514/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $700,000 $473 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,457/month

4 Days on Market

Highlights

  • Golf Course Community
  • Wood Flooring
  • Enclosed Patio or Porch
  • Property is near public transit
  • Balcony
  • Park

About This Home

As of June 2022

This move-in-ready well maintained Nobility Hill two-family home is perfect for buyers who are searching for an opportunity to own an income-producing multifamily property. 23 Wright Street is perfect for owner-occupants or an investor that is looking for a turn-key investment. The home offers a private large fenced-in backyard and quick access to Main Street and all its amenities in Stoneham Square. There is no need for a car to explore your neighborhood as there are restaurants, a hardware store, and the Stoneham Theatre nearby. Do you need to commute north or into Boston? No problem 23 Wright Street offers immediate highway access to routes 93/95 as well as public transportation. Many updates include a newer roof (approx. 3 yrs. old), an updated gas heating system for unit#2, and upgraded electrical panels for both units. Do not miss this opportunity for investment or income to reduce your monthly mortgage. Possible expansion opportunities

Last Agent to Sell the Property

John Dean

Engel & Volkers Boston Listed on: 04/28/2022

Engel & Volkers Boston

Last Buyer's Agent

Deborah Carberry

RE/MAX Partners

RE/MAX Partners

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,424

Year Built

  • Built in 1900

Lot Details

  • 5,663 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 1,480 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Washer

Parking

  • 3 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Enclosed Patio or Porch

Location

  • Property is near public transit

Schools

  • South Elementary School
  • Central Middle School
  • Stoneham High School

Utilities

  • No Cooling
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $3,500
  • Tax Lot 434
  • Assessor Parcel Number M:18 B:000 L:434,772320

Community Details

Recreation

  • Golf Course Community
  • Park

Additional Features

  • 2 Units
  • Shops
  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,424

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Tile,Hardwood, Unit 1(undefined), Unit 2(Wood Flooring,Stone/Ceramic Tile Floor)
  • Interior Amenities: Unit 1(Ceiling Fans,Storage,Stone/Granite/Solid Counters,Bathroom With Tub), Unit 2(Pantry,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen,Mudroom), Unit 2 Rooms(Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer)
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
  • Basement: Full
  • Living Area: 1480
  • Stories Total: 3
  • MAIN LO: AN2593
  • MAIN SO: G62134

Exterior Features

  • Exterior Features: Balcony
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 2(Gas)
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Highway Access
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:18 B:000 L:434,772320
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5662.8
  • Lot Size Units: Acres
  • LOT SIZE: 5841

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5424
  • Tax Block: 000
  • Tax Lot: 434

Multi Family

  • Net Operating Income: 21600
  • Number Of Units Total: 2
  • Total Actual Rent: 3500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: N

MLS Schools

  • High School: Stoneham High
  • Elementary School: South School
  • Middle Or Junior School: Central

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2000
Sold by
Mclaughlin Josephine J
Bought by
Frost Michael J and Frost Rosemary G
Current Estimated Value
$760,888
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Frost Michael J $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frost Michael J $77,000
Open Frost Michael J $224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2022 06/10/22 Sold $700,000 +10.2% $473 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
04/28/2022 04/28/22 For Sale $635,000 -- $429 / 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 $6,217 $607,700 $340,500 $267,200
2024 $6,152 $580,900 $313,600 $267,300
2023 $6,081 $547,800 $286,700 $261,100
2022 $5,424 $521,000 $259,900 $261,100
2021 $5,441 $502,900 $241,900 $261,000
2020 $5,257 $487,200 $227,600 $259,600
2019 $4,797 $427,500 $220,000 $207,500
2018 $4,354 $371,800 $192,600 $179,200
2017 $3,983 $321,500 $175,100 $146,400
2016 $4,070 $320,500 $175,100 $145,400
2015 $4,095 $316,000 $158,400 $157,600
2014 $3,855 $285,800 $133,400 $152,400
Source: Public Records

Agents Affiliated with this Home

  • John Dean

    Seller's Agent in 2022

    John Dean

    Engel & Volkers Boston

    (203) 305-0445

    1 in this area

    62 Total Sales

    John Dean
    Section Image
  • Deborah Carberry

    Buyer's Agent in 2022

    Deborah Carberry

    The Carroll Team

    (978) 697-1558

    1 in this area

    27 Total Sales

    Deborah Carberry
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72973383

MLS Property Information Network (MLS PIN)

APN: STON-000018-000000-000434

Massachusetts Middlesex County Stoneham 02180 Nobility Hill

23 Wright St, Stoneham, MA

Not Listed for Sale

MultiFamily

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