$505,000
SOLD MAY 31, 2022
5 Beds
2 Baths
4,924 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$103 Per Sq Ft

1% Above List Price

3 Days on Market

Highlights

  • Marina
  • Medical Services
  • Wood Flooring
  • Golf Course Community
  • Property is near public transit
  • Community Pool

About This Home

As of May 2022

Great two family in a friendly neighborhood waiting for its new owner. First front unit is a large 3 bed 1 bath unit with a finished basement with unlimited possibilities. Large living room, eat in kitchen 1st floor master and hardwoods throughout. Freshly painted, refinished hardwoods, new fixtures and move in ready. Second unit is 2 bed 1 bath, freshly painted, hardwood floors and also a partially finished basement ready for further expansion. Large yard, fenced in with patio area and large Storage garage/barn at the rear of the property. Off Street Parking. Great for Owner Occupied/ mortgage helper. Property is subject to a 1031 Exchange. Lead Certs attached to MLS. Long term tenant in rear, wants to stay. Quick Close preferred, but by at least the end of May.

Last Agent to Sell the Property

Spencer Fortwengler

OWN IT Listed on: 04/08/2022

Last Buyer's Agent

Mark Balestracci

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,278

Year Built

  • Built in 1915

Lot Details

  • 10,019 Sq Ft Lot
  • Near Conservation Area
  • Fenced
  • Level Lot

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,924 Sq Ft Home
  • Property has 2 Levels
  • Washer Hookup

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Finished Basement

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

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Storage
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 2 Heating Zones
  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,500
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:34 B:005 L:00008,1792290

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Insurance Expense $1,177
  • Water Sewer Expense $1,520
  • Operating Expense $2,697
  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,278

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1915
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Carpet,Hardwood, Unit 1(undefined)
  • Interior Amenities: Unit 1(Ceiling Fans), Unit 1 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup
  • Basement: Full, Finished, Interior Entry
  • Living Area: 4924
  • Stories Total: 4
  • MAIN LO: AN4402
  • LIST PRICE PER Sq Ft: 101.34
  • PRICE PER Sq Ft: 102.56
  • MAIN SO: AN2314

Exterior Features

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

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, Washer Hookup
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard)
  • Electric: 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1520

Lot Info

  • Parcel Number: M:34 B:005 L:00008,1792290
  • Zoning: RL-7
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 10018.8
  • Lot Size Units: Acres
  • LOT SIZE: 10163
  • PAGE: 80

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5278
  • Tax Book Number: 43372

Multi Family

  • Gross Income: 18000
  • Insurance Expense: 1177
  • Net Operating Income: 18000
  • Number Of Units Total: 2
  • Operating Expense: 2697
  • Total Actual Rent: 1500
  • LEVELS 1: 2
  • Basement Included Sq Ft: Yes
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2008
Sold by
Folta Lydia I and Lamonica Lydia
Bought by
Folta Nestor
Current Estimated Value
$595,643
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $373,750 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2022 07/18/22 Rented $2,300 +15.0% --
07/14/2022 07/14/22 Under Contract -- -- --
06/18/2022 06/18/22 For Rent $2,000 0.0% --
05/31/2022 05/31/22 Sold $505,000 +1.2% $103 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $499,000 -- $101 / 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 $6,898 $523,000 $118,700 $404,300
2024 $6,604 $480,300 $118,700 $361,600
2023 $6,171 $430,300 $103,200 $327,100
2022 $5,953 $391,400 $82,600 $308,800
2021 $5,278 $324,200 $66,100 $258,100
2020 $4,940 $290,600 $66,100 $224,500
2019 $5,101 $283,400 $59,500 $223,900
2018 $4,983 $263,500 $59,500 $204,000
2017 $4,713 $245,200 $59,500 $185,700
2016 $4,643 $225,300 $43,700 $181,600
2015 $4,522 $225,300 $43,700 $181,600
2014 $4,402 $225,300 $43,700 $181,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72964745

MLS Property Information Network (MLS PIN)

APN: WORC-000034-000005-000008