NOT LISTED FOR SALE

Estimated Value: $1,239,000 - $1,465,701

6 Beds
2 Baths
2,893 Sq Ft
$464/Sq Ft Est. Value

Last Sold August 12, 2022

Last sale price $1,250,000 $432 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,160/month

5 Days on Market

Highlights

  • Scenic Views
  • Property is near public transit
  • Tennis Courts
  • Thompson School Rated A
  • Corner Lot
  • Jogging Path

About This Home

As of August 2022

Fall in love! Soak in the Mystic Lake views from this gracious and solid two-family home with slate roof located just outside the center of town. These well-appointed units retain some traditional features, with built-in china cabinets, high ceilings, and eat-in kitchens. The owner’s unit has plenty of space for everyone, including a finished 3rd floor, offering 2 more bedrooms and a versatile ‘hang-out’ area with two closets for extra storage. A large foyer currently serves as office space with access to the front porch for an evening of relaxation (again, taking in the ‘vacation-like’ views). Additional highlights include a nicely landscaped border of perennial plants and bushes and a private patio in back. Both units have ample rear porches overlooking a beautiful tree lined street. Boilers have been updated and there are replacement windows throughout. So much to offer at your fingertips in this location, (area amenities list attached.) An exceptional offering - a must see!

Last Agent to Sell the Property

Emily Forshay Crowley

Senne Listed on: 06/09/2022

Senne

Co-Listed By

Julie Horvath-d'Amico

Coldwell Banker Realty - Lexington

Last Buyer's Agent

Konstantinos Grapsas

Engel & Volkers Boston

Engel & Volkers Boston

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,138

Year Built

  • Built in 1914

Lot Details

  • 3,202 Sq Ft Lot
  • Corner Lot

Parking

  • 1 Car Garage
  • Off-Street Parking

Home Design

  • Block Foundation
  • Frame Construction
  • Slate Roof

Interior Spaces

  • 2,893 Sq Ft Home
  • Property has 1 Level
  • Wood Burning Fireplace
  • Insulated Windows
  • Scenic Vista Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Thompson Elem. Elementary School
  • Ottoson Middle School
  • Arlington High School

Utilities

  • 2 Heating Zones
  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,825
  • Rent includes unit 1(water)
  • Legal Lot and Block 0001 / 0005
  • Assessor Parcel Number 322037

Community Details

Recreation

  • Tennis Courts
  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Shops
  • Net Operating Income $21,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,138

Year Built

Built in 1914

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1914
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Pantry,Upgraded Countertops,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Office/Den,Other (See Remarks))
  • Fireplace Features: Unit 2(Fireplace - Wood burning)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Unit 1(Dishwasher), Unit 2(Dishwasher), Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Living Area: 2893
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN6753
  • MAIN SO: AN2593

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Slate
  • View: Scenic View(s)
  • View YN: Yes
  • Waterfront Features: Beach Front, Lake/Pond, 1 to 2 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Heating: Unit 1(Steam,Gas), Unit 2(Steam,Gas)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Highway Access, Private School, Public School, University
  • Rent Includes: Unit 1(Water)

Lot Info

  • Parcel Number: 322037
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3202
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10138
  • Tax Block: 0005
  • Tax Lot: 0001

Multi Family

  • Net Operating Income: 21900
  • Number Of Units Total: 2
  • Total Actual Rent: 1825
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • High School: Arlington High
  • Elementary School: Thompson Elem.
  • Middle Or Junior School: Ottoson Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2019
Sold by
Keiselbach Michael A and Keiselbach Jean M
Bought by
Keiselbach Ft and Keiselbach
Current Estimated Value
$1,343,175

Purchase Details

Closed on
Oct 2, 1998
Sold by
Dewees Dennis P and Dewees Rosemary C
Bought by
Keiselbach Michael A and Keiselbach Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
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
Keiselbach Ft -- --
Keiselbach Michael A $315,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Keiselbach Michael A $438,000
Previous Owner Keiselbach Michael A $440,000
Previous Owner Keiselbach Michael A $283,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2022 08/12/22 Sold $1,250,000 0.0% $432 / Sq Ft
06/15/2022 06/15/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $1,250,000 -- $432 / 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 $13,139 $1,220,000 $536,600 $683,400
2024 $11,913 $1,124,900 $510,800 $614,100
2023 $10,174 $907,600 $428,300 $479,300
2022 $10,139 $887,800 $412,800 $475,000
2021 $9,822 $866,100 $412,800 $453,300
2020 $9,578 $866,000 $412,800 $453,200
2019 $8,911 $791,400 $438,600 $352,800
2018 $8,160 $672,700 $319,900 $352,800
2017 $7,654 $609,400 $278,600 $330,800
2016 $7,273 $568,200 $237,400 $330,800
2015 $7,137 $526,700 $232,200 $294,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72995474

MLS Property Information Network (MLS PIN)

APN: ARLI-000048-000005-000001