Seller's Agent in 2021
Steve Yang
eXp Realty
(617) 872-1878
1 in this area
18 Total Sales
36-38 Saco St Newton, MA 02464
Newton Upper Falls NeighborhoodEstimated Value: $1,314,000 - $1,585,000
7
Beds
5
Baths
2,876
Sq Ft
$507/Sq Ft
Est. Value
Highlights
- Property is near public transit
- Tennis Courts
- Patio
- Countryside Elementary School Rated A
- Cooling Available
- Park
About This Home
As of August 2021A rare opportunity to own a brick Two-Family+ In-Law property in Newton. The building has been used and taxed as a three family. Needs some updates, but it is in very good condition with a great potential. All 3 units are currently rented. 2 larger units have 1.5 baths and separate laundry rooms. All new appliances and new carpet. Convenient location with quick access to I-95, Rt.9 and the Needham Street, Chestnut Hill shopping areas and the N2 Innovation District which is right around the corner! It's about 1 mile away from Green T stop. Lead-free compliance in hands! This property can be purchased with the next door Two Family 35-35R Butts St. as a package deal.(see MLS#72784641)
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,732
Year Built
- Built in 1950
Lot Details
- 5,227 Sq Ft Lot
- Near Conservation Area
- Level Lot
Home Design
- Manufactured Home on a slab
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 2,876 Sq Ft Home
- Property has 1 Level
- Carpet
- Washer
Kitchen
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 7 Bedrooms
Parking
- 3 Car Parking Spaces
- Off-Street Parking
- Deeded Parking
Schools
- Countryside Elementary School
- Brown Middle School
- South High School
Utilities
- Cooling Available
- Heating Available
- 110 Volts
- Electric Water Heater
Additional Features
- Patio
- Property is near public transit
Listing and Financial Details
- Total Actual Rent $5,945
- Rent includes unit 1(water), unit 2(water)
- Assessor Parcel Number 694255
Community Details
Recreation
- Tennis Courts
- Park
Building Details
- Insurance Expense $2,500
- Water Sewer Expense $1,200
- Operating Expense $3,700
- Net Operating Income $67,640
Additional Features
- 3 Units
- Shops
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 11, 2021
Closed on
Sep 1, 2021
Sold by
Defazio Alfred S
Bought by
Zhao Jeanie J and Li Kawai
Seller's Agent
Steve Yang
eXp Realty
Buyer's Agent
Jeanie Zhao
Denkar Realty Group
List Price
$1,250,000
Sold Price
$1,190,000
Premium/Discount to List
-$60,000
-4.8%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,347
Avg. Annual Appreciation
5.00%
Original Mortgage
$890,000
Outstanding Balance
$808,625
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$643,056
Purchase Details
Closed on
Jan 15, 2019
Sold by
Slifka Donna M and Defazio Domenic M
Bought by
Defazio Alfred S
Purchase Details
Closed on
Oct 26, 2018
Sold by
Defazio Alfred S
Bought by
Slifka Donna M and Defazio Domenic M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhao Jeanie J | $1,190,000 | None Available | |
| Zhao Jeanie J | $1,190,000 | None Available | |
| Defazio Alfred S | $902,500 | None Available | |
| Defazio Alfred S | $902,500 | None Available | |
| Slifka Donna M | -- | -- | |
| Slifka Donna M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zhao Jeanie J | $890,000 | |
| Closed | Zhao Jeanie J | $890,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2021 08/31/21 | Sold | $1,190,000 | -4.8% | $414 / Sq Ft |
| 07/03/2021 07/03/21 | Pending | -- | -- | -- |
| 03/12/2021 03/12/21 | For Sale | $1,250,000 | 0.0% | $435 / Sq Ft |
| 03/09/2021 03/09/21 | Pending | -- | -- | -- |
| 02/23/2021 02/23/21 | Price Changed | $1,250,000 | -7.4% | $435 / Sq Ft |
| 02/10/2021 02/10/21 | For Sale | $1,350,000 | -- | $469 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $12,130 | $1,237,800 | $744,000 | $493,800 |
| 2024 | $11,729 | $1,201,700 | $722,300 | $479,400 |
| 2023 | $11,083 | $1,088,700 | $564,500 | $524,200 |
| 2022 | $9,067 | $861,900 | $522,700 | $339,200 |
| 2021 | $8,508 | $790,700 | $479,500 | $311,200 |
| 2020 | $6,732 | $644,800 | $479,500 | $165,300 |
| 2019 | $6,297 | $602,600 | $448,100 | $154,500 |
| 2018 | $6,214 | $574,300 | $417,300 | $157,000 |
| 2017 | $5,859 | $526,900 | $382,800 | $144,100 |
| 2016 | $5,501 | $483,400 | $351,200 | $132,200 |
| 2015 | $5,245 | $451,800 | $328,200 | $123,600 |
Source: Public Records
Agents Affiliated with this Home
-
Steve Yang
-
Jeanie Zhao
J
Buyer's Agent in 2021
Jeanie Zhao
Denkar Realty Group
(617) 792-7871
1 in this area
4 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72784634
APN: NEWT-000051-000046-000007A
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