NOT LISTED FOR SALE

271 Newton St Waltham, MA 02453

South Side Neighborhood

Estimated Value: $1,124,336

4 Beds
4 Baths
2,980 Sq Ft
$377/Sq Ft Est. Value

Last Sold November 10, 2016

Last sale price $665,000 $223 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,234/month

3 Days on Market

About This Home

As of November 2016

**ACT FAST**, property is back on market. This multi-family property presents a new owner with huge upside potential. There are a total of 4 residential units with mixed bed counts and 1 detached free-standing outbuilding for storage or alternate use. With some updating, this is a solid long-term investment opportunity at a bargain price for the smart investor. Great location, off-street parking, easily managed and a terrific basic investment property to own. Income less expenses, this property presents a great ROI and is probably the best investment on the market!

Last Listed By

J. Michael Brasco

Century 21 Shawmut Properties Listed on: 09/14/2016

Century 21 Shawmut Properties

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 14
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School
  • Electric: 110 Volts
  • Energy: Insulated Windows, Storm Windows
  • Flooring: Wood, Tile, Vinyl, Wood Laminate
  • Basement: Full
  • Total Levels: 5

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles, Slate
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch, Fenced Yard
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: Varies per Unit
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 4

Schools

  • Elementary School: Wps
  • Middle School: Wps
  • High School: Wps

Lot Info

  • Zoning: Res

Multi Family

  • Foundation: 0000
  • Heat Units: 3
  • Total Bedrooms: 4
  • Total Floors: 6
  • Total Full Baths: 4
  • Total Levels: 2
  • Total Rms: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2016
Closed on
Nov 10, 2016
Sold by
Gaydos Michael
Bought by
Ren Jian M
Seller's Agent
J. Michael Brasco
Century 21 Shawmut Properties
Buyer's Agent
James Brasco III
Century 21 Shawmut Properties
List Price
$649,900
Sold Price
$665,000
Premium/Discount to List
$15,100
2.32%
Total Days on Market
3
Current Estimated Value
$1,124,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,336
Avg. Annual Appreciation
6.48%
Original Mortgage
$491,250
Outstanding Balance
$246,746
Interest Rate
3.42%
Mortgage Type
Commercial
Estimated Equity
$888,286

Purchase Details

Closed on
Dec 19, 2014
Sold by
Shah Hansa R
Bought by
Gaydos Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
4.02%
Mortgage Type
Commercial

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
Ren Jian M $655,000 --
Gaydos Michael $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ren Jian M $491,250
Previous Owner Gaydos Michael $496,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2016 11/10/16 Sold $665,000 +2.3% $223 / Sq Ft
09/17/2016 09/17/16 Pending -- -- --
09/14/2016 09/14/16 For Sale $649,900 -- $218 / 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 -- $1,255,800 $388,000 $867,800
2024 -- $1,137,300 $336,000 $801,300
2023 $0 $1,040,300 $320,000 $720,300
2022 $0 $991,400 $320,000 $671,400
2021 $0 $980,500 $320,000 $660,500
2020 $0 $840,400 $280,000 $560,400
2019 $0 $649,300 $200,000 $449,300
2018 $0 $625,800 $172,000 $453,800
2017 $0 $533,400 $172,000 $361,400
2016 -- $509,500 $172,000 $337,500
2015 -- $466,200 $128,000 $338,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    J. Michael Brasco

    Century 21 Shawmut Properties

    2 Total Sales

    J. Michael Brasco
    Section Image
  • James Brasco III

    Buyer's Agent in 2016

    James Brasco III

    Century 21 Shawmut Properties

    (617) 519-1517

    83 Total Sales

    James Brasco III
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72067789

MLS Property Information Network (MLS PIN)

APN: WALT-000070-000018-000008

Massachusetts Middlesex County Waltham 02453 South Side

271 Newton St, Waltham, MA

Homes for Sale in Waltham, MA

This home is located at 271 Newton St, Waltham, MA 02453 since 14 September 2016 and is currently estimated at $1,124,336, approximately $377 per square foot. This property was built in 1900. 271 Newton St is a home located in Middlesex County with nearby schools including Henry Whittemore Elementary School, John W. Mcdevitt Middle School, and Waltham Sr High School.

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