NOT LISTED FOR SALE

24 Water St Natick, MA 01760

Estimated Value: $788,000 - $886,070

3 Beds
2 Baths
1,901 Sq Ft
$441/Sq Ft Est. Value

Last Sold July 13, 2023

Last sale price $700,000 $368 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,074/month

3 Days on Market

Highlights

  • Community Stables
  • Wood Flooring
  • Shops
  • Natick High School Rated A
  • Jogging Path
  • Property is near schools

About This Home

As of July 2023

Exceptional value and location in the Village of South Natick is the setting for this 2-family property!! Great opportunity for a 1st time homeowner/investor. Lots of ++++'s - separate driveways, separate utilities including gas hot air furnaces, gas hot water and separate laundry appliances. The 2nd floor unit is 2 levels with a finished loft space with cathedral ceilings. Attached shed and barn give you options to create more living space. Large fenced in yard. All this and so many area amenities such as Elm Bank, Charles River and the village shops and eateries. Easy access to downtown Natick and Wellesley and the rural Natick, Wellesley and Sherborn Farms. Come to the first open house on Saturday, June 3rd, between 1 and 2:30pm. Ask agent for Expense Sheet.

Last Agent to Sell the Property

Mary Ann Figoni

Centre Realty Group Listed on: 06/02/2023

Centre Realty Group

Co-Listed By

Rob Silverman

Centre Realty Group

Last Buyer's Agent

Kate Duggan

Bostonia Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,265

Year Built

  • Built in 1890

Lot Details

  • 5,741 Sq Ft Lot
  • Fenced

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,901 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Location

  • Property is near schools

Schools

  • Memorial Elementary School
  • Kennedy Middle School
  • Natick High School

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating Available
  • Separate Meters
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,600
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:00000064 P:00000071,675790

Community Details

Overview

  • 2 Units
  • Near Conservation Area

Amenities

  • Shops

Recreation

  • Community Stables
  • Jogging Path

Building Details

  • Insurance Expense $2,000
  • Operating Expense $2,000
  • Net Operating Income $40,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,265

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1890
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Carpet,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors,Wall to Wall Carpet)
  • Interior Amenities: Unit 2(Cathedral/Vaulted Ceilings), Unit 1 Rooms(Kitchen,Living RM/Dining RM Combo,Office/Den), Unit 2 Rooms(Kitchen,Living RM/Dining RM Combo,Loft)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Washer,Dryer), Unit 2(Range,Refrigerator,Washer,Dryer), Gas Water Heater, Utility Connections for Electric Oven
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Unfinished
  • Living Area: 1901
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: BB5200
  • MAIN SO: AN1006

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Oven
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Electric Baseboard,Gas)
  • Cooling Y N: No
  • Electric: Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Shopping, Walk/Jog Trails, Stable(s), Conservation Area, House of Worship, University
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:00000064 P:00000071,675790
  • Zoning: RSA
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5741
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8265

Multi Family

  • Insurance Expense: 2000
  • Net Operating Income: 40800
  • Number Of Units Total: 2
  • Operating Expense: 2000
  • Total Actual Rent: 3600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: N

MLS Schools

  • High School: Natick
  • Elementary School: Memorial
  • Middle Or Junior School: Kennedy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Jul 12, 2023
Sold by
Hava David L and Hava Michaela M
Bought by
Nye Erin and Nye Caitlin
Seller's Agent
Mary Ann Figoni
Centre Realty Group
Buyer's Agent
Kate Duggan
Bostonia Properties
List Price
$680,000
Sold Price
$700,000
Premium/Discount to List
$20,000
2.94%
Views
59
Current Estimated Value
$839,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,018
Avg. Annual Appreciation
7.48%
Original Mortgage
$514,800
Outstanding Balance
$500,465
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$338,553

Purchase Details

Closed on
Mar 19, 2004
Sold by
Mcgovern James R
Bought by
Hava David L and Hava Michaela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,400
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
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
Nye Erin $700,000 None Available
Hava David L $393,000 --
Hava David L $393,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nye Erin $514,800
Previous Owner Hava David L $314,400
Previous Owner Hava David L $80,000
Previous Owner Hava David L $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2023 07/13/23 Sold $700,000 +2.9% $368 / Sq Ft
06/06/2023 06/06/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $680,000 0.0% $358 / Sq Ft
06/04/2023 06/04/23 Off Market $680,000 -- --
06/02/2023 06/02/23 For Sale $680,000 -- $358 / 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 $8,762 $732,600 $402,100 $330,500
2024 $8,429 $687,500 $379,700 $307,800
2023 $8,265 $653,900 $357,400 $296,500
2022 $7,965 $597,100 $326,100 $271,000
2021 $7,652 $562,200 $308,200 $254,000
2020 $6,428 $536,900 $294,900 $242,000
2019 $5,823 $536,900 $294,900 $242,000
2018 $6,555 $502,300 $281,400 $220,900
2017 $7,129 $458,400 $264,900 $193,500
2016 $6,007 $442,700 $250,900 $191,800
2015 $5,896 $426,600 $250,900 $175,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73119365

MLS Property Information Network (MLS PIN)

APN: NATI-000064-000000-000071