NOT LISTED FOR SALE

26 Fairmount Way Hull, MA 02045

Estimated Value: $599,000 - $650,000

3 Beds
2 Baths
1,588 Sq Ft
$392/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $500,000 $315 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,947/month

84 Days on Market

About This Home

As of January 2022

LOCATION, LOCATION, LOCATION! Don’t miss the opportunity to own this well maintained 2 Family property with a solid rental history, sitting on Sagamore Hill above the flood zone, and only 5-minute walk to Nantasket Beach, local stores & restaurants. Buy for great income with high quality tenants OR turn this into your new beach home after the leases expire on August 31st, 2022. Tenants pay for their own electricity, internet and sanitation. Owner(s) pay for water & sewage, and gas for Unit B tenant only. New electric heat (Unit A), new counters (Unit A & B), new dishwasher and dryer (Unit B). All appliances are included.

Last Listed By

An Phan

eXp Realty License #449598171 Listed on: 09/15/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,957

Year Built

  • 1920

Lot Details

  • 3,485

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,957

Year Built

1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • Directions: George Washington Blvd to end, left on Bay, right on Fairmount Way
  • Garage Yn: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Actual,Renovated Since
  • Special Features: None
  • Year Built: 1920

Interior Features

  • Appliances: Unit 1(Range,Refrigerator,Washer / Dryer Combo), Unit 2(Range,Dishwasher,Refrigerator,Washer,Dryer), Gas Water Heater
  • Has Basement: Partial
  • Total Bathrooms: 2
  • MAIN LO: AC0342
  • LIST PRICE PER Sq Ft: 365.24
  • PRICE PER Sq Ft: 314.86
  • MAIN SO: AN6181
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Wood,Tile,Vinyl,Hardwood,Pine, Unit 1(undefined), Unit 2(Hardwood Floors,Wood Flooring)
  • Interior Amenities: Other (See Remarks), Unit 1(High Speed Internet Hookup,Upgraded Cabinets,Bathroom with Shower Stall), Unit 2(Pantry,High Speed Internet Hookup,Upgraded Cabinets,Walk-In Closet,Bathroom with Shower Stall,Open Floor Plan), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen,Mudroom)
  • Stories: 3

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters, Garden, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Foundation Details: Concrete Perimeter
  • View: City
  • Construction Type: Frame
  • Disclosures: New Roof 2012boiler Rep Laced 2008new Hot Water Heater 2015new Appliances Unit #2 (2nd Floor)refrigerator 2016washer & Dryer 2014gas Range 2014
  • Lot Features: Gentle Sloping
  • Patio And Porch Features: Porch, Deck - Wood
  • Waterfront Features: Beach Front, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 3

Utilities

  • Heating: Unit 1(Electric Baseboard), Unit 2(Oil,Unit Control)
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Unit 1(Water), Unit 2(Water)

Fee Information

  • Annual Water Sewer Expense: 3835

Schools

  • Elementary School: Lillian Jacobs
  • High School: Hull High
  • Middle Or Junior School: Memorial Middle

Lot Info

  • LOT SIZE: 3600
  • PAGE: 118
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 3484.8
  • Zoning: SFA

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2
  • Annual Gross Income: 37380
  • Insurance Expense: 2358
  • Property Net Operating Income: 30353
  • Number Of Units Total: 2
  • Annual Operating Expense: 7027
  • Total Actual Rent: 3115

Tax Info

  • Tax Annual Amount: 5024
  • Tax Book Number: 48908
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2007
Sold by
Kroon Christopher S
Bought by
Kroon Christopher S and Kroon Meredith R
Total Days on Market
84
Current Estimated Value
$622,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
6.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2004
Sold by
Sheehey Mark E and Sheehey Donna L
Bought by
Kroon Christopher S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,125
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2002
Sold by
Fairmount Way Rt and Pflaumer
Bought by
Sheehey Mark E

Purchase Details

Closed on
May 26, 1995
Sold by
Iag Fed Cu
Bought by
Fairmount Way Rt and Pflaumer

Purchase Details

Closed on
Jan 26, 1995
Sold by
Apostolu George J
Bought by
Iag Fcu

Purchase Details

Closed on
Sep 24, 1990
Sold by
Apostolu George J
Bought by
Gilbert Nancy J

Range of Values:

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Average Value
Not Available
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
Kroon Christopher S -- --
Kroon Christopher S $327,500 --
Sheehey Mark E $231,500 --
Fairmount Way Rt $61,000 --
Iag Fcu $35,000 --
Iag Fcu $35,000 --
Gilbert Nancy J $45,000 --
Gilbert Nancy J $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pikoulas Thanace $75,000
Open Pikoulas Thanace $375,000
Closed Balan Laura $175,000
Closed Gilbert Nancy J $292,000
Previous Owner Gilbert Nancy J $311,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $500,000 -13.8% $315 / Sq Ft
12/09/2021 12/09/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $580,000 +54.7% $365 / Sq Ft
09/08/2017 09/08/17 Sold $375,000 +1.6% $236 / Sq Ft
08/09/2017 08/09/17 Pending -- -- --
07/20/2017 07/20/17 For Sale $369,000 +20.2% $232 / Sq Ft
09/30/2013 09/30/13 Sold $307,000 -6.7% $193 / Sq Ft
08/31/2013 08/31/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $329,000 -- $207 / 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 $5,957 $531,900 $202,600 $329,300
2024 $5,785 $496,600 $196,000 $300,600
2023 $5,809 $477,300 $183,000 $294,300
2022 $5,617 $447,900 $169,900 $278,000
2021 $5,024 $396,200 $136,600 $259,600
2020 $4,614 $359,900 $136,600 $223,300
2019 $4,440 $340,200 $130,700 $209,500
2018 $3,861 $287,700 $130,700 $157,000
2017 $3,791 $276,300 $130,700 $145,600
2016 $3,725 $276,300 $130,700 $145,600
2015 $3,562 $255,500 $109,900 $145,600
2014 $3,563 $256,900 $109,900 $147,000
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 72895511

MLS Property Information Network (MLS PIN)

APN: HULL-000035-000000-000053