NOT LISTED FOR SALE

Estimated Value: $899,871 - $1,198,000

7 Beds
3 Baths
3,655 Sq Ft
$294/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $960,000 $263 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $6,504/month

102 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Property is near public transit
  • Dedham High School Rated A-
  • Landscaped Professionally
  • Wood Flooring

About This Home

As of July 2022

Welcome to a rare investment find in the heart of Dedham, Oakdale area, close to the READVILLE T-Station.. A legal 2 family with a completely renovated finished basement, meticulous home with many updates. Each unit boasts hardwood floors with an in unit washer/dryer and a water bill of just $70 a month, ample sized bedrooms and storage space. Gas for heating, gas ranges. Central air for just the ground unit. The 3 stall garages & garage loft is additional potential income for storage for non resident tenants. The front walkway and driveway end only, were upgraded with cobblestones and marble trims. The staircases are wide & easy for moving in and out with open space common areas. The fenced backyard has an in-ground shelter, perfect for resident pets, family gatherings and BBQ nights. This property is a rare find, with all the cosmetic updates for each unit and CASH FLOW potential.

Last Agent to Sell the Property

Mary Yazbeck-Saliba

Yazbeck Realty Group LLC Listed on: 02/15/2022

Yazbeck Realty Group LLC

Last Buyer's Agent

Lin Xu

Dream Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,500

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 0.32 Acre Lot
  • Fenced
  • Landscaped Professionally
  • Level Lot
  • Garden

Parking

  • 3 Car Garage
  • Tandem Parking
  • Driveway
  • Open Parking

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,655 Sq Ft Home
  • Property has 2 Levels
  • Screened Porch

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Parquet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Bulkhead
  • Patio
  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Avery Elementary School
  • Dedham Middle School
  • Dedham High School

Utilities

  • No Cooling
  • 1 Cooling Zone
  • 2 Heating Zones
  • Heating Available
  • 200+ Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $6,150
  • Rent includes unit 1(water hot water), unit 2(water hot water)
  • Assessor Parcel Number 71222

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park

Building Details

  • Insurance Expense $3,835
  • Water Sewer Expense $840
  • Operating Expense $7,175
  • Net Operating Income $54,025

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,500

Year Built

Built in 1920 | Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled
  • Year Built: 1920
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual,Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Hardwood,Parquet, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans,Pantry,Storage,High Speed Internet Hookup,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub), Unit 2(Pantry,Storage,Bathroom With Tub), Unit 1 Rooms(Living Room,Kitchen,Family Room,Mudroom,Sunroom), Unit 2 Rooms(Living Room,Kitchen,Mudroom,Sunroom)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room
  • Basement: Full, Finished, Interior Entry, Bulkhead
  • Living Area: 3655
  • Stories Total: 3
  • MAIN LO: BB0125
  • MAIN SO: BB3298

Exterior Features

  • Exterior Features: Rain Gutters, Storage, Professional Landscaping, Garden
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Screened, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking Spaces: 3
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Tandem
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Dryer, Washer Hookup
  • Cooling: Unit 1(Central Air), Unit 2(None)
  • Heating: Unit 1(Gas), Unit 2(Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: MWRA
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
  • Rent Includes: Unit 1(Water,Hot Water), Unit 2(Water,Hot Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 840

Lot Info

  • Parcel Number: 71222
  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.32
  • Lot Size Sq Ft: 13991
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8500.01

Multi Family

  • Insurance Expense: 3835
  • Net Operating Income: 54025
  • Number Of Units Total: 2
  • Operating Expense: 7175
  • Total Actual Rent: 6150
  • LEVELS 1: 2
  • Basement Included Sq Ft: Yes
  • COOLING UNITS: 1
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • High School: Dedham High
  • Elementary School: Avery
  • Middle Or Junior School: Dedham Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2002
Sold by
Ring Kenneth A
Bought by
Chamoun Tony L
Current Estimated Value
$1,075,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Outstanding Balance
$155,017
Interest Rate
6.64%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$920,951
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chamoun Tony L $455,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chamoun Tony L $364,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2022 07/15/22 Sold $960,000 -3.9% $263 / Sq Ft
05/29/2022 05/29/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $999,000 -4.9% $273 / Sq Ft
03/08/2022 03/08/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $1,050,000 -- $287 / 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 $10,333 $818,800 $284,400 $534,400
2024 $9,789 $783,100 $269,300 $513,800
2023 $9,205 $716,900 $239,100 $477,800
2022 $8,621 $645,800 $234,100 $411,700
2021 $8,500 $621,800 $229,000 $392,800
2020 $8,003 $583,300 $218,800 $364,500
2019 $7,533 $532,400 $190,400 $342,000
2018 $7,236 $497,300 $168,000 $329,300
2017 $6,348 $430,100 $157,400 $272,700
2016 $6,122 $395,200 $137,500 $257,700
2015 $5,877 $370,300 $134,500 $235,800
2014 $5,794 $360,300 $131,500 $228,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72942717

MLS Property Information Network (MLS PIN)

APN: DEDH-000130-000000-000031