NOT LISTED FOR SALE

371 Cherry St West Newton, MA 02465

West Newton Neighborhood

Estimated Value: $1,328,000 - $1,567,742

4 Beds
2.5 Baths
3,113 Sq Ft
$467/Sq Ft Est. Value

Last Sold September 06, 2023

Last sale price $1,250,000 $402 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,100/month

48 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • 1 Fireplace
  • Franklin Elementary School Rated A
  • Wood Flooring
  • 3-minute walk to West Newton Commons

About This Home

As of September 2023

Check out this amazing investment property located in the heart of West Newton. This two-family home has been recently updated with new kitchen(s) & bathroom(s). Unit 1 consists of 2 bedrooms plus a bonus room, along with 1.5 bathrooms. Unit 2 has 2 bedrooms, 1 full bathroom, in unit laundry, a bonus room, balcony, & the potential to add a spiral staircase, which would lead up to the third floor with partially (currently unheated) finished attic space. Each unit has private access to the common unfinished basement that offers an enormous amount of storage space or potential to finish. More than enough off-street parking located in the back of the property. Outdoor stone patio is ideal for entertaining & shed included with the sale. In close proximity to West Newton Square, purple line, commuter rail, express bus(s), public schools, highway access, & more!

Last Agent to Sell the Property

Leah & Maureen Realty Group

RE/MAX Preferred Properties Listed on: 03/07/2023

RE/MAX Preferred Properties

Last Buyer's Agent

Leah & Maureen Realty Group

RE/MAX Preferred Properties Listed on: 03/07/2023

RE/MAX Preferred Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,989

Year Built

  • Built in 1880

Lot Details

  • 8,810

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,113 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Washer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Walk-Out Basement
  • Block Basement Construction

Parking

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

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Burr Elementary School
  • F.A Day Middle School
  • North High School

Utilities

  • Cooling Available
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating Available
  • 200+ Amp Service
  • Natural Gas Connected

Additional Features

  • Patio
  • 8,810 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $5,400
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number 688891

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Tennis Courts
  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Net Operating Income $32,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,989

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1880
  • Buyer Agency: 2.5
  • Dual Variable: Yes
  • Transaction Broker: 0
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Wood,Tile,Carpet
  • Interior Amenities: Unit 2(Pantry), Unit 1 Rooms(Living Room,Kitchen,Office/Den), Unit 2 Rooms(Living Room,Kitchen,Office/Den)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Microwave,Refrigerator), Unit 2(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Utility Connections for Gas Range, Utility Connections for Gas Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Laundry Features: Washer Hookup
  • Basement: Walk-Out Access, Concrete
  • Living Area: 3113
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN4103
  • LIST PRICE PER Sq Ft: 446.19
  • PRICE PER Sq Ft: 401.54
  • MAIN SO: AN4103

Exterior Features

  • Exterior Features: Patio,Balcony,Gutters,Professional Landscaping,Garden Area
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter, Block
  • Home Warranty YN: No
  • Patio And Porch Features: Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Dryer, Washer Hookup
  • Cooling: Unit 1(Central Air), Unit 2(Central Air)
  • Heating: Unit 1(Forced Air), Unit 2(Forced Air,Gas)
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 2
  • Hot Water: Natural Gas

Condo/Co-op/Association

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

Lot Info

  • Parcel Number: 688891
  • Zoning: MR1
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8810
  • Lot Size Units: Acres
  • PAGE: 377
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10989.1
  • Tax Book Number: 41316

Multi Family

  • Gross Income: 32400
  • Net Operating Income: 32400
  • Number Of Units Total: 2
  • Total Actual Rent: 5400
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • COOLING UNITS: 2
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: North
  • Elementary School: Burr
  • Middle Or Junior School: F.A Day

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2023 09/06/23 Sold $1,250,000 -10.0% $402 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/12/2023 04/12/23 Price Changed $1,389,000 -2.8% $446 / Sq Ft
03/07/2023 03/07/23 For Sale $1,429,000 -- $459 / 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 $11,695 $1,193,400 $680,000 $513,400
2024 $11,308 $1,158,600 $660,200 $498,400
2023 $10,880 $1,068,800 $533,200 $535,600
2022 $10,411 $989,600 $493,700 $495,900
2021 $9,769 $907,900 $452,900 $455,000
2020 $9,478 $907,900 $452,900 $455,000
2019 $8,867 $848,500 $423,300 $425,200
2018 $8,974 $829,400 $399,800 $429,600
2017 $8,461 $760,900 $366,800 $394,100
2016 $7,771 $682,900 $336,500 $346,400
2015 $7,410 $638,200 $314,500 $323,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73084970

MLS Property Information Network (MLS PIN)

APN: NEWT-000033-000024-000016

Massachusetts Middlesex County West Newton 02465 West Newton

371 Cherry St, West Newton, MA

This home is located at 371 Cherry St, West Newton, MA 02465 since 07 March 2023 and is currently estimated at $1,454,436, approximately $467 per square foot. This property was built in 1880. 371 Cherry St is a home located in Middlesex County with nearby schools including Franklin Elementary School, C.C. Burr, and F.A. Day Middle School.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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