NOT LISTED FOR SALE

261 Pearl St Unit 263 Newton, MA 02458

Nonantum Neighborhood

Estimated Value: $1,320,000 - $1,584,076

5 Beds
3 Baths
2,883 Sq Ft
$496/Sq Ft Est. Value

Last Sold February 13, 2020

Last sale price $1,050,000 $364 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $8,899/month

6 Days on Market

Highlights

  • Wood Flooring
  • Enclosed patio or porch
  • 3-minute walk to Stearns Park
  • Lincoln-Eliot Elementary School Rated A

About This Home

As of February 2020

THREE FAMILY HOME IN NEWTON. GREAT FIND FOR INVESTORS, DEVELOPERS OR OWNER OCCUPIED WITH RENTAL INCOME. Located in the Nonantum section of Newton, this 3 family is ready for you to take occupancy immediately. It is in “move in condition.”  Each of the 3 units have forced hot air/ central air. The first and second floor units have 2 bedrooms, 1 bath, living room, dining room, kitchen, each unit has a separate washer and dryer located in the basement. The second floor unit also has an enclosed porch. The third floor unit is a 1 bedroom, 1 bath, living room, kitchen with a washer and dryer located in the basement. Each unit has its own private basement for storage. Currently the second and third floor units are vacant. The first floor unit is presently leased. There is off-street parking for 3 cars. Just a quick walk to the bus stop and the express bus to Boston. Close to the Mass Pike both East and West. Walking distance to restaurants, shopping and more.

Last Agent to Sell the Property

Nancy Coppola

Earle Coppola Real Estate LLC Listed on: 01/09/2020

Co-Listed By

Robert Earle Coppola

Earle Coppola Real Estate LLC

Last Buyer's Agent

Kennedy Lynch Gold Team

Hammond Residential Real Estate

Hammond Residential Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,180

Year Built

  • Built in 1910

Lot Details

  • 4,792

Flooring

  • Wood
  • Wall to Wall Carpet

Additional Features

  • Enclosed patio or porch
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number S:11 B:016 L:0011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,180

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 381.20
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Flooring: Wall to Wall Carpet, Hardwood
  • Total Flrs: 6
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 10
  • Basement: Y
  • Main Lo: AN3855
  • Main So: K95001
  • Estimated Sq Ft: 2883.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street, Tandem
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling Zones: 3
  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Cooling Units: 3

Schools

  • Elementary School: Lincoln Elliot
  • Middle School: Bigelow
  • High School: Newton North

Lot Info

  • Assessments: 629100.00
  • Acre: 0.11
  • Lot Size: 4695.00
  • Page: 479
  • Parcel Number: S:11 B:016 L:0011
  • Zoning: MR2
  • Lot Description: Paved Drive

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 1800
  • Total Rms: 14
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 6574.00
  • Assessor Parcel Number: 682205

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2020
Closed on
Jan 3, 2020
Sold by
Kjrj Rt
Bought by
Rsr Amg Llc
Seller's Agent
Nancy Coppola
Earle Coppola Real Estate LLC
Buyer's Agent
Kennedy Lynch Gold Team
Hammond Residential Real Estate
List Price
$1,099,000
Sold Price
$1,050,000
Premium/Discount to List
-$49,000
-4.46%
Current Estimated Value
$1,430,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,019
Avg. Annual Appreciation
5.94%

Purchase Details

Closed on
May 7, 2014
Sold by
Incorvati Ft
Bought by
Kjrj Rt

Purchase Details

Closed on
Sep 17, 2008
Sold by
Incorvati Victor
Bought by
Incorvati Ft

Purchase Details

Closed on
Feb 12, 2004
Sold by
Incorvati Robert
Bought by
Incorvati Victor
Source: Public Records

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Range of Values:

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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
Rsr Amg Llc $1,050,000 None Available
Kjrj Rt -- --
Incorvati Ft -- --
Incorvati Victor -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rsr Amg Llc $675,000
Previous Owner Incorvati Victor $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2020 02/13/20 Sold $1,050,000 -4.5% $364 / Sq Ft
01/15/2020 01/15/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $1,099,000 -- $381 / 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 $11,180 $1,140,800 $647,500 $493,300
2024 $10,810 $1,107,600 $628,600 $479,000
2023 $10,277 $1,009,500 $486,300 $523,200
2022 $9,833 $934,700 $450,300 $484,400
2021 $9,243 $859,000 $413,100 $445,900
2020 $7,027 $673,100 $375,600 $297,500
2019 $6,574 $629,100 $351,000 $278,100
2018 $6,508 $601,500 $326,200 $275,300
2017 $6,136 $551,800 $299,300 $252,500
2016 $5,761 $506,200 $274,600 $231,600
2015 $5,493 $473,100 $256,600 $216,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72606473

MLS Property Information Network (MLS PIN)

APN: NEWT-000011-000016-000011