NOT LISTED FOR SALE

Estimated Value: $1,122,000 - $1,362,000

8 Beds
3 Baths
3,109 Sq Ft
$406/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $960,000 $309 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $7,725/month

8 Days on Market

Highlights

  • Deck
  • 2 Fireplaces
  • Park
  • Property is near public transit
  • Enclosed patio or porch
  • Shops

About This Home

As of March 2023

Great opportunity to own a large Multi Family home on an oversized lot in a prime location of East Watertown. Steps away from Mt Auburn St and the brand new Hosmer Elementary school. First floor includes 3 bedrooms, 1 full bathroom, large kitchen and open living/dining room areas. Second floor includes an updated kitchen with granite countertops & tiled floors. Large dining & living room along with a bonus room that could be used as an office. 2 large bedrooms & one full bath on second floor. Third floor offers 3 spacious bedrooms & one full bathroom. Hardwood floors & trim have been well maintained. Laundry hookups available in the basement. Ample parking available with a 2 car garage along with a large private backyard. Easy access to public transportation and the new Arsenal Yard project. All showings will be at Open Houses Saturday 1/28 & Sunday 1/29 from 11am-12:30pm

Last Agent to Sell the Property

Dan Loprete

Realty Executives Listed on: 01/26/2023

Realty Executives

Last Buyer's Agent

Ari Koufos

Realty Executives

Realty Executives

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,666

Year Built

  • Built in 1920

Lot Details

  • 7,784 Sq Ft Lot

Parking

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

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,109 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Enclosed patio or porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Hosmer Elementary School
  • WMS Middle School
  • WHS High School

Utilities

  • 2 Heating Zones
  • Heating Available
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $5,440
  • Rent includes unit 1(water), unit 2(water)

Community Details

Recreation

  • Park

Additional Features

  • 2 Units
  • Shops
  • Net Operating Income $65,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,666

Year Built

Built in 1920

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Buyer Agency: 2
  • Transaction Broker: 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

  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Dishwasher,Refrigerator), Gas Water Heater
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 3109
  • Stories Total: 3
  • MAIN LO: BB2353
  • LIST PRICE PER Sq Ft: 337.41
  • PRICE PER Sq Ft: 308.78
  • MAIN SO: BB2353

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block
  • Patio And Porch Features: Porch, Enclosed, Deck - Wood
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: 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: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Hot Water Radiators,Gas), Unit 2(Hot Water Baseboard,Gas)
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water)

Lot Info

  • Zoning: T
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 7784
  • Lot Size Units: Acres
  • PAGE: 47
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 11666
  • Tax Book Number: 1332

Multi Family

  • Gross Income: 65280
  • Net Operating Income: 65280
  • Number Of Units Total: 2
  • Total Actual Rent: 5440
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Whs
  • Elementary School: Hosmer
  • Middle Or Junior School: Wms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2024
Sold by
Tziavas Aristades and Tziavas Roubina
Bought by
Tziavas Rlty Group I Llc
Total Days on Market
8
Current Estimated Value
$1,263,469

Purchase Details

Closed on
Jan 18, 2007
Sold by
Driscoll Barbara E and Driscoll William G
Bought by
Marlborough William Ll

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
6.24%
Source: Public Records

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Range of Values:

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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
Tziavas Rlty Group I Llc -- None Available
Tziavas Rlty Group I Llc -- None Available
Marlborough William Ll -- --
Marlborough William Ll -- --
Marlborough William Ll -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tziavas Aristades $720,000
Previous Owner Driscoll Barbara E $1,500,000
Previous Owner Driscoll Barara E $4,950,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $960,000 -8.5% $309 / Sq Ft
02/04/2023 02/04/23 Pending -- -- --
01/26/2023 01/26/23 For Sale $1,049,000 -- $337 / 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 $12,235 $1,047,500 $550,900 $496,600
2024 $11,174 $955,000 $536,100 $418,900
2023 $12,589 $927,000 $512,700 $414,300
2022 $11,667 $880,500 $466,100 $414,400
2021 $10,428 $851,300 $450,600 $400,700
2020 $10,048 $827,700 $435,100 $392,600
2019 $9,826 $762,900 $435,100 $327,800
2018 $9,430 $700,100 $404,000 $296,100
2017 $9,023 $649,600 $353,500 $296,100
2016 $8,621 $630,200 $334,100 $296,100
2015 $7,707 $512,800 $295,200 $217,600
2014 $7,381 $493,400 $275,800 $217,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73073708

MLS Property Information Network (MLS PIN)

APN: WATE-001025-000033-000273