NOT LISTED FOR SALE

Estimated Value: $2,232,000 - $2,699,571

12 Beds
6 Baths
4,473 Sq Ft
$566/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $2,410,000 $539 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $15,835/month

6 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Jogging Path
  • William H. Lincoln School Rated A+
  • Wood Flooring
  • 2-minute walk to Clark Park

About This Home

As of May 2022

Extensively renovated and remodeled in 2020, this three-family building offers an excellent investment opportunity in a prestigious Brookline neighborhood. This turn-key property features all new electrical, heating and AC systems. Each unit offers the modern day conveniences of new appliances, recessed lighting, in-unit laundry and central air. The thoughtfully designed floor plans are ideal for entertaining with open living/kitchen and spacious, private front and back porches. A truly ideal income property with sunny, south-facing, 4 bedrooms, 2 baths and generously-proportioned rooms. A spacious unfinished attic and driveway parking for three cars complete this rare offering. This sought-after location offers close proximity to Brookline Village and Longwood Medical Center, MBTA stops, as well as walking distance to Olmsted Park.

Last Agent to Sell the Property

Beth Damon

Donnelly + Co. Listed on: 03/09/2022

Last Buyer's Agent

Carole Miller

Centre Realty Group

Centre Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,478

Year Built

  • Built in 1912

Lot Details

  • 4,356

Home Design

  • 4,473 Sq Ft Home
  • Triplex
  • Stone Foundation
  • Frame Construction

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Home Security

  • Storm Windows
  • Storm Doors

Parking

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

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Lincoln Elementary And Middle School
  • Brookline High School

Utilities

  • 3 Cooling Zones
  • 3 Heating Zones
  • Separate Meters
  • Gas Water Heater

Additional Features

  • Porch
  • 4,356 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $10,700
  • Assessor Parcel Number 3187400,41085

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $124,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,478

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1912
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Tile
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 12
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Living Area: 4473
  • Stories Total: 6
  • Window Features: Storm Window(s)
  • MAIN LO: AN3373
  • LIST PRICE PER Sq Ft: 558.69
  • PRICE PER Sq Ft: 538.79
  • MAIN SO: BB5200

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Electric: Individually Metered
  • Water Source: Public
  • HEAT ZONES: 3
  • COOLING ZONES: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, Private School, Public School, T-Station, University

Lot Info

  • Parcel Number: 3187400,41085
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4356
  • Lot Size Units: Acres
  • LOT SIZE: 4473
  • PAGE: 414

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 24478
  • Tax Book Number: 364116

Multi Family

  • Gross Income: 124800
  • Net Operating Income: 124800
  • Number Of Units Total: 3
  • Total Actual Rent: 10700
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: Brookline High
  • Elementary School: Lincoln
  • Middle Or Junior School: Lincoln

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2023
Sold by
Kwok Sui F and Lin Yong H
Bought by
A & Y Investment Llc
Total Days on Market
6
Current Estimated Value
$2,533,893

Purchase Details

Listed on
Aug 17, 2018
Closed on
Nov 6, 2018
Sold by
261 Walnut Street Rt and Meza
Bought by
261 Walnut Street Nt and Mcdevitt
Seller's Agent
Christian Iantosca Team
Arborview Realty Inc.
Buyer's Agent
Christian Iantosca Team
Arborview Realty Inc.
List Price
$1,550,000
Sold Price
$1,780,000
Premium/Discount to List
$230,000
14.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.66%

Purchase Details

Closed on
Mar 9, 2017
Sold by
Meza Frank
Bought by
261 Walnut Street Rt and Meza

Purchase Details

Closed on
Jun 13, 2013
Sold by
261 Walnut Street Rt and Meza
Bought by
Meza Frank

Purchase Details

Closed on
Aug 1, 2007
Sold by
Pappastergion Ft 1 and Pappastergion-Valentin
Bought by
261 Walnut Street Rt and Williams
Source: Public Records

Range of Values:

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Average Value
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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
A & Y Investment Llc -- None Available
261 Walnut Street Nt $1,780,000 --
261 Walnut Street Rt -- --
Meza Frank -- --
261 Walnut Street Rt $1,050,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kwok Sui F $1,446,000
Previous Owner Meza Frank G $602,800
Previous Owner Pappastergion-Valentin D $250,000
Previous Owner Pappastergion John E $90,000
Previous Owner Pappastergion John E $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2022 05/23/22 Sold $2,410,000 -3.6% $539 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $2,499,000 +40.4% $559 / Sq Ft
11/06/2018 11/06/18 Sold $1,780,000 +14.8% $398 / Sq Ft
08/24/2018 08/24/18 Pending -- -- --
08/17/2018 08/17/18 For Sale $1,550,000 -- $347 / 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 $24,330 $2,465,000 $930,400 $1,534,600
2024 $24,516 $2,509,300 $894,600 $1,614,700
2023 $26,174 $2,625,300 $775,300 $1,850,000
2022 $25,478 $2,500,300 $738,400 $1,761,900
2021 $16,912 $1,725,700 $710,000 $1,015,700
2020 $15,930 $1,685,700 $645,400 $1,040,300
2019 $15,044 $1,605,500 $614,700 $990,800
2018 $14,205 $1,501,600 $531,400 $970,200
2017 $13,736 $1,390,300 $501,200 $889,100
2016 $13,170 $1,263,900 $468,400 $795,500
2015 $12,271 $1,149,000 $437,800 $711,200
2014 $12,323 $1,081,900 $398,000 $683,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72950870

MLS Property Information Network (MLS PIN)

APN: BROO-000318-000074