M
Seller's Agent in 2016
Mike Brasco
Century 21 Shawmut Properties
3 Total Sales
271 Newton St Waltham, MA 02453
South Side NeighborhoodEstimated Value: $1,181,524
4
Beds
4
Baths
2,980
Sq Ft
$396/Sq Ft
Est. Value
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!
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
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
Mike Brasco
Century 21 Shawmut Properties
Buyer's Agent
James Brasco III
William Raveis R.E. & Home Services
List Price
$649,900
Sold Price
$665,000
Premium/Discount to List
$15,100
2.32%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516,524
Avg. Annual Appreciation
6.56%
Original Mortgage
$491,250
Outstanding Balance
$232,719
Interest Rate
3.42%
Mortgage Type
Commercial
Estimated Equity
$948,805
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 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
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
-
Mike Brasco
-
James Brasco III
Buyer's Agent in 2016
James Brasco III
William Raveis R.E. & Home Services
(617) 519-1517
82 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72067789
APN: WALT-000070-000018-000008
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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