Seller's Agent in 2021
Currier, Lane & Young
Compass
(617) 871-9190
10 in this area
518 Total Sales
25 Park Rd Unit 27 Belmont, MA 02478
Cushing Square NeighborhoodEstimated Value: $1,262,000 - $1,778,436
6
Beds
3
Baths
3,694
Sq Ft
$392/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- Tankless Water Heater
- Roger Wellington Elementary School Rated A
- Fenced Yard
- Garden
About This Home
As of February 2021Income generating three-unit building w/adjacent parking lot delivered vacant at the confluence of Belmont, Cambridge, and Watertown. This property consists of THREE two-bedroom/one-bathroom units. Each unit has high ceilings, a front facing living room and generous dining room with a built-in hutch, pocket doors, large pantries, and amazing natural light. Hardwood floors throughout, with updated bathroom in unit 2 and refinished floors in units 2 and 3. Unique lot with ample parking to the side of the building. Current owner rented additional parking spaces to neighbors. Rent all three units or maintain one as the owner’s unit while the other two rental units earn monthly income. Lots of upside potential as layouts are easily configured to allow for 3 bedroom units and there is plenty of parking to support it. Close to many locally-owned shops on Belmont Street; buses to Harvard Square and Commuter Rail; and many parks, including Grove Street Playground and Fresh Pond Reservoir.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,853
Year Built
- Built in 1900
Lot Details
- Fenced Yard
- Garden
Outdoor Features
- Deck
- Rain Gutters
Additional Features
- Wood Flooring
- Tankless Water Heater
- Basement
Listing and Financial Details
- Assessor Parcel Number M:02 P:000016 S:
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 1, 1979
Bought by
Connolly Brendan E
Current Estimated Value
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Connolly Brendan E | $30,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/04/2021 02/04/21 | Sold | $1,294,000 | +7.9% | $350 / Sq Ft |
| 10/28/2020 10/28/20 | Pending | -- | -- | -- |
| 10/22/2020 10/22/20 | For Sale | $1,199,000 | -- | $325 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $14,853 | $1,304,000 | $583,000 | $721,000 |
| 2024 | $14,573 | $1,380,000 | $800,000 | $580,000 |
| 2023 | $14,353 | $1,277,000 | $754,000 | $523,000 |
| 2022 | $13,190 | $1,141,000 | $690,000 | $451,000 |
| 2021 | $12,452 | $1,079,000 | $683,000 | $396,000 |
| 2020 | $11,088 | $1,008,000 | $551,000 | $457,000 |
| 2019 | $9,826 | $842,000 | $447,000 | $395,000 |
| 2018 | $9,428 | $776,000 | $387,000 | $389,000 |
| 2017 | $8,908 | $702,000 | $320,000 | $382,000 |
| 2016 | $8,792 | $700,000 | $320,000 | $380,000 |
| 2015 | $8,114 | $629,000 | $285,000 | $344,000 |
Source: Public Records
Agents Affiliated with this Home
-
Currier, Lane & Young
-
Spencer Lane
Seller Co-Listing Agent in 2021
Spencer Lane
Compass
(617) 872-0030
1 in this area
47 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72747097
APN: BELM-000002-000016
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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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