NOT LISTED FOR SALE

3-5 Quincy St Arlington, MA 02476

Arlington Heights Neighborhood

Estimated Value: $1,175,000 - $1,217,000

6 Beds
5 Baths
2,542 Sq Ft
$471/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $1,040,000 $409 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $7,098/month

5 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • Tennis Courts
  • Brackett Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to Cutter School Park

About This Home

As of December 2023

Welcome to a remarkable investment or owner-occupied prospect in Arlington! This 2-family property is an outstanding opportunity, with both units offering substantial features and potential. The first unit features 3 bedrooms and 2 bathrooms, including an ensuite primary bedroom and hardwood floors. The second level boasts 3 bedrooms and 3 bathrooms, featuring a primary ensuite and hardwood floors throughout. A notable highlight is the walk-up attic, boasting finished living space perfect for a home office or family room, complete with yet another bathroom. Conveniently situated near Mass Ave, this property provides effortless access to major bus routes leading to Cambridge and Alewife Station. Additionally, the proximity to the Minute Man Bike Path offers an inviting prospect for outdoor enthusiasts. The surrounding area offers a diverse array of restaurants, ensuring a vibrant and convenient lifestyle for potential tenants or homeowners. Book you appointment today

Last Agent to Sell the Property

Joselin Malkhasian

Lamacchia Realty, Inc. Listed on: 11/01/2023

Lamacchia Realty, Inc.

Last Buyer's Agent

George Sarkis

Douglas Elliman Real Estate - The Sarkis Team

Douglas Elliman Real Estate - The Sarkis Team

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,373

Year Built

  • Built in 1927

Lot Details

  • 3,877

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,542 Sq Ft Home
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Deck
  • 3,877 Sq Ft Lot
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number M:148.0 B:0003 L:0004,329462

Community Details

Overview

  • 2 Units
  • Property has 1 Level

Amenities

  • Shops

Recreation

  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,373

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1927
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 8

Interior Features

  • Flooring: Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Family Room,Office/Den)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator)
  • Total Bedrooms: 6
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full, Unfinished
  • Living Area: 2542
  • Spa YN: No
  • Stories Total: 8
  • MAIN LO: AN2314
  • MAIN SO: AN4282

Exterior Features

  • Exterior Features: Deck
  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Gas), Unit 2(Gas)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Bike Path, House of Worship, Private School, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:148.0 B:0003 L:0004,329462
  • Zoning: B4
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3877
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9373

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2017
Sold by
Chan Choon-Weng and Luong Hanh
Bought by
A Chan & H Luong Ret and Chan
Current Estimated Value
$1,197,239

Purchase Details

Closed on
Nov 24, 2009
Sold by
Orourke Patricia M
Bought by
Tan Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
4.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 14, 2009
Sold by
Orourke James M
Bought by
Orourke Patricia M

Purchase Details

Closed on
Apr 21, 2004
Sold by
Orourke James M
Bought by
Orourke James M and Orourke Patricia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
A Chan & H Luong Ret -- --
Tan Hong $460,000 --
Tan Hong $460,000 --
Orourke Patricia M -- --
Orourke James M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tan Hong $345,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2023 12/20/23 Sold $1,040,000 +15.6% $409 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $899,900 +68.8% $354 / Sq Ft
06/04/2012 06/04/12 Sold $533,000 -11.0% $197 / Sq Ft View Prior Sale
05/05/2012 05/05/12 Pending -- -- --
10/08/2011 10/08/11 For Sale $599,000 -- $222 / 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 $9,832 $912,900 $448,700 $464,200
2024 $9,060 $855,500 $424,600 $430,900
2023 $9,373 $836,100 $371,500 $464,600
2022 $9,113 $798,000 $337,700 $460,300
2021 $8,807 $776,600 $337,700 $438,900
2020 $8,591 $776,800 $337,700 $439,100
2019 $7,626 $677,300 $337,700 $339,600
2018 $7,695 $634,400 $299,100 $335,300
2017 $7,095 $564,900 $250,900 $314,000
2016 $7,231 $564,900 $250,900 $314,000
2015 $6,722 $496,100 $217,100 $279,000
Source: Public Records

Agents Affiliated with this Home

  • Joselin Malkhasian

    Seller's Agent in 2023

    Joselin Malkhasian

    Lamacchia Realty, Inc.

    (781) 316-5279

    5 in this area

    195 Total Sales

    Joselin Malkhasian
    Section Image
  • George Sarkis

    Buyer's Agent in 2023

    George Sarkis

    Douglas Elliman Real Estate - The Sarkis Team

    (781) 603-8702

    2 in this area

    650 Total Sales

    George Sarkis
    Section Image
  • Steve Yang

    Seller's Agent in 2012

    Steve Yang

    eXp Realty

    (617) 872-1878

    17 Total Sales

    Steve Yang
    Section Image

  • M

    Buyer's Agent in 2012

    Melinda Johnson

    William Raveis R.E. & Home Services

    1 Total Sale

    Melinda Johnson
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73176284

MLS Property Information Network (MLS PIN)

APN: ARLI-000148-000003-000004

Massachusetts Middlesex County Arlington 02476 Arlington Heights

3-5 Quincy St, Arlington, MA

Not Listed for Sale

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