NOT LISTED FOR SALE

Estimated Value: $1,608,000 - $1,697,000

7 Beds
2 Baths
3,557 Sq Ft
$465/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $1,565,000 $440 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $10,477/month

16 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Enclosed Patio or Porch
  • Roger Wellington Elementary School Rated A
  • 2 Fireplaces
  • Storm Windows

About This Home

As of July 2024

Spacious Two Family located in one of Belmont's finest neighborhoods Payson Park. This elegant 3600 sq ft Brick Two family is just steps away to Cushing Square & a short stroll to Belmont Center. First floor unit offers a large living room with fireplace, formal dining room built in hutch, 3 generous size bedrooms, Eat-in kitchen with direct access to a nice backyard. Second floor has 2 levels with inviting living room with fireplace & beamed ceilings, formal dining room with hutch, bonus sunroom/office leading to a 3 season porch. 2nd level boasts 3 bedrooms with bonus 4th bedroom on third level.

Last Agent to Sell the Property

Ari Koufos

Realty Executives Listed on: 05/08/2024

Realty Executives

Last Buyer's Agent

Dan Loprete

Realty Executives

Realty Executives

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,829

Year Built

  • Built in 1936

Lot Details

  • 7,086

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,557 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Insulated Windows
  • Wood Flooring
  • Storm Windows
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • Enclosed Patio or Porch
  • 7,086 Sq Ft Lot
  • 2 Heating Zones

Community Details

  • 2 Units
  • Shops
  • Net Operating Income $24,000

Listing and Financial Details

  • Total Actual Rent $2,000
  • Assessor Parcel Number M:05 P:000090 S:,356366

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,829

Year Built

Built in 1936

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1936
  • Buyer Agency: 2.0
  • Transaction Broker: 2.0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Total Bedrooms: 7
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup
  • Basement: Full, Walk-Out Access, Interior Entry
  • Living Area: 3557
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Insulated Windows, Storm Window(s)
  • MAIN LO: BB2353
  • LIST PRICE PER Sq Ft: 449.82
  • PRICE PER Sq Ft: 439.98
  • MAIN SO: BB2353

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Gas Dryer, for Electric Dryer
  • Electric: Circuit Breakers
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • Hot Water: Natural Gas, Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:05 P:000090 S:,356366
  • Zoning: SC
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 7086
  • Lot Size Units: Acres
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 15829
  • Tax Book Number: 0

Multi Family

  • Gross Income: 24000
  • Net Operating Income: 24000
  • Number Of Units Total: 2
  • Total Actual Rent: 2000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Jul 19, 2024
Sold by
Lucia Ricchio T and Lucia Digiovine
Bought by
Bezjian Richard D
Seller's Agent
Ari Koufos
Realty Executives
Buyer's Agent
Dan Loprete
Realty Executives
List Price
$1,599,999
Sold Price
$1,565,000
Premium/Discount to List
-$34,999
-2.19%
Views
17
Current Estimated Value
$1,653,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,124
Avg. Annual Appreciation
3.01%
Original Mortgage
$930,000
Outstanding Balance
$923,763
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$694,068

Purchase Details

Closed on
Jul 2, 2015
Sold by
Ricchio Lucia
Bought by
Lucia Pantalone T and Lucia Ricchio

Purchase Details

Closed on
Jan 7, 2015
Sold by
Joseph D Ricchio T D and Joseph Pantalone
Bought by
Pantalone Lucia

Purchase Details

Closed on
Oct 10, 2003
Sold by
Ricchio Joseph
Bought by
Joseph D Ricchio T D and Joseph Ricchio
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
Bezjian Richard D $1,565,000 None Available
Bezjian Richard D $1,565,000 None Available
Lucia Pantalone T -- --
Lucia Pantalone T -- --
Pantalone Lucia -- --
Pantalone Lucia -- --
Joseph D Ricchio T D -- --
Joseph D Ricchio T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bezjian Richard D $930,000
Closed Bezjian Richard D $930,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $1,565,000 -2.2% $440 / Sq Ft
05/25/2024 05/25/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $1,599,999 -- $450 / 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 $17,848 $1,567,000 $804,000 $763,000
2024 $15,829 $1,499,000 $903,000 $596,000
2023 $15,039 $1,338,000 $851,000 $487,000
2022 $14,252 $1,302,000 $822,000 $480,000
2021 $14,252 $1,235,000 $814,000 $421,000
2020 $13,871 $1,261,000 $840,000 $421,000
2019 $12,078 $1,035,000 $666,000 $369,000
2018 $13,001 $1,070,000 $605,000 $465,000
2017 $12,880 $1,015,000 $555,000 $460,000
2016 $12,711 $1,012,000 $555,000 $457,000
2015 -- $877,000 $433,000 $444,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73234983

MLS Property Information Network (MLS PIN)

APN: BELM-000005-000090