NOT LISTED FOR SALE

3 Strathmore Rd Brookline, MA 02445

Cleveland Circle Neighborhood

Estimated Value: $2,954,000 - $3,865,883

8 Beds
3 Baths
5,118 Sq Ft
$676/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $2,762,500 $540 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $21,131/month

11 Days on Market

Highlights

  • Wood Flooring
  • 2-minute walk to Englewood Avenue Station
  • 2-minute walk to Jean B. Waldstein Playground
  • John D. Runkle School Rated A

About This Home

As of October 2020

3 Strathmore Rd represents a rare and unparalleled value-add investment opportunity on one of Brookline's most picturesque tree lined streets. The 3-story brick apartment building consists of 5,118 sqft of living space and is 100% leased through summer 2021 w/gross income of over $114,000/yr. The location offers easy access to the C & D, Green line trains, multiple universities and the Longwood Medical Area, as well as Waldstein Park and the many conveniences of Cleveland Cir and Washington Sq, including trendy shops and restaurants along Beacon St. The building consists of one 2 bed 1 bath apartment and two 3 bed one bath apartments, each with eat-in-kitchen, formal dining & living rooms w/decorative fireplaces and bonus office room. The large basement has high ceilings, common laundry and there are up to 6 parking spaces located at the rear of the property. The gas boiler was replaced around 2008, the roof around the mid 90's and the electrical was updated in the mid-late 90's.

Last Agent to Sell the Property

Adam Umina

Metro Realty Corp. Listed on: 09/08/2020

Co-Listed By

Mark Pearlstein

Metro Realty Corp.

Last Buyer's Agent

Mike Foley

Fenway Property Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,321

Year Built

  • Built in 1900

Lot Details

  • 3,485

Additional Features

  • Wood Flooring
  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number B:235 L:0003 S:0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,321

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 537.32
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Fireplaces: 3
  • Flooring: Wood
  • Total Flrs: 6
  • Total Frplcs: 3
  • No Bedrooms: 8
  • Total Brs: 8
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 20
  • Basement: Y
  • Basement Features: Interior Access
  • Main Lo: BB1465
  • Main So: AN5918
  • Estimated Sq Ft: 5118.00

Exterior Features

  • Construction: Frame, Brick
  • Roof Material: Rubber
  • Exterior: Brick
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 6

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Bike Path, Highway Access, House of Worship, Public School, T-Station, University
  • Hea Common: Central Heat, Gas

Lot Info

  • Assessments: 2079000.00
  • Acre: 0.08
  • Lot Size: 3576.00
  • Page: 113
  • Parcel Number: B:235 L:0003 S:0000
  • Zoning: M15
  • Lot Description: Paved Drive

Multi Family

  • Heat Units: 1
  • Total Levels: 3
  • Total Rent: 9505
  • Total Rms: 16
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 19647.00
  • Assessor Parcel Number: 38531
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Oct 16, 2020
Sold by
Fay Rt
Bought by
3 Strathmore Rd Llc
Seller's Agent
Adam Umina
Metro Realty Corp.
Buyer's Agent
Mike Foley
Fenway Property Advisors
List Price
$2,750,000
Sold Price
$2,762,500
Premium/Discount to List
$12,500
0.45%
Current Estimated Value
$3,458,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$696,461
Avg. Annual Appreciation
3.63%
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
3 Strathmore Rd Llc $2,762,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2020 10/23/20 Sold $2,762,500 +0.5% $540 / Sq Ft
09/19/2020 09/19/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $2,750,000 -- $537 / 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 $24,321 $2,464,100 $1,122,100 $1,342,000
2024 $24,350 $2,492,300 $1,079,000 $1,413,300
2023 $23,134 $2,320,400 $891,400 $1,429,000
2022 $22,520 $2,210,000 $849,000 $1,361,000
2021 $20,824 $2,124,900 $816,300 $1,308,600
2020 $19,647 $2,079,000 $742,100 $1,336,900
2019 $18,553 $1,980,000 $706,800 $1,273,200
2018 $16,915 $1,788,100 $556,900 $1,231,200
2017 $16,357 $1,655,600 $525,400 $1,130,200
2016 $15,683 $1,505,100 $491,000 $1,014,100
2015 $14,167 $1,326,500 $417,100 $909,400
2014 $14,368 $1,261,500 $379,100 $882,400
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Adam Umina

    Metro Realty Corp.

    Section Image

  • M

    Seller Co-Listing Agent in 2020

    Mark Pearlstein

    Metro Realty Corp.

    Section Image

  • M

    Buyer's Agent in 2020

    Mike Foley

    Fenway Property Advisors

    (617) 947-2133

    1 in this area

    11 Total Sales

    Mike Foley
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72722327

MLS Property Information Network (MLS PIN)

APN: BROO-000235-000003

Massachusetts Norfolk County Brookline 02445 Cleveland Circle

3 Strathmore Rd, Brookline, MA

This home is located at 3 Strathmore Rd, Brookline, MA 02445 since 08 September 2020 and is currently estimated at $3,458,961, approximately $675 per square foot. This property was built in 1900. 3 Strathmore Rd is a home located in Norfolk County with nearby schools including John D. Runkle School, Brookline High School, and Torah Academy.

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.

MLS Property Information Network (MLS PIN) 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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