NOT LISTED FOR SALE

Estimated Value: $1,616,000 - $2,018,691

4 Beds
2.5 Baths
3,492 Sq Ft
$502/Sq Ft Est. Value

Last Sold February 06, 2015

Last sale price $1,110,000 $318 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $10,367/month

18 Days on Market

Highlights

  • Medical Services
  • Waterfront
  • Property is near public transit
  • Zervas Elementary School Rated A
  • Deck
  • 5-minute walk to Hyde Playground

About This Home

As of February 2015

Grande Dame side-by-side two-family in same family for 57 yrs. in sought after Newton Highlands neighborhood abutting town land. High ceilings, beautiful woodwork & tile fireplace surrounds. Each unit has formal living room, dining room & kitchen on 1st flrs (unit #39 also has 1/2 bath w/laundry). 2nd flrs have 2 bedrooms plus a den/nursery. 3rd flrs have unheated open area & room plus 1 heated room. Separate driveways, 2-car detached garage, full basement. Rare opportunity for investment or convert to single family or 2 condos. Property on septic system, Title V in hand. Easy access to Newton Highlands village, Crystal Lake, green line, Rt.9, etc. Interior photos of side #41 (prior tenant). Side # 41 leased until 8/31/2015 w/option to renew until 4/30/16. Option must be exercised by 6/30/15. Side #41 avail. by appt. for 2nd showings.

Last Agent to Sell the Property

Jane Collinson

Advisors Living - Wellesley Listed on: 12/11/2014

Advisors Living - Wellesley

Last Buyer's Agent

Jane Collinson

Advisors Living - Wellesley Listed on: 12/11/2014

Advisors Living - Wellesley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,000

Year Built

  • Built in 1895

Lot Details

  • 0.34 Acre Lot
  • Waterfront
  • Near Conservation Area
  • Wooded Lot

Parking

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

Home Design

  • Duplex
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 3,492 Sq Ft Home
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Insulated Windows
  • Storm Windows
  • Dishwasher
  • Washer

Flooring

  • Plywood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Deck
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Mason Rice Elementary School
  • Brown Middle School
  • Newton South High School

Utilities

  • Heating Available
  • Separate Meters
  • Natural Gas Connected
  • Gas Water Heater
  • Private Sewer

Listing and Financial Details

  • Total Actual Rent $1,800
  • Rent includes unit 1(none other (see remarks)), unit 2(water)
  • Assessor Parcel Number 696637

Community Details

Overview

  • 2 Units
  • Property has 3 Levels

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path

Building Details

  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,000

Year Built

Built in 1895

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Side by Side
  • Year Built: 1895
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 2.5
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Flooring: Wood,Plywood,Tile,Vinyl,Varies Per Unit,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors,Wood Flooring)
  • Interior Amenities: Unit 1(Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Office/Den,Other (See Remarks)), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Office/Den,Other (See Remarks))
  • Fireplace Features: Unit 1(Fireplace - Wood burning), Unit 2(Fireplace - Wood burning)
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Refrigerator,Washer,Dryer), Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Basement: Full, Interior Entry, Concrete
  • Living Area: 3492
  • Stories Total: 6
  • Window Features: Insulated Windows, Storm Window(s)
  • MAIN LO: an6181
  • LIST PRICE PER Sq Ft: 300.4
  • PRICE PER Sq Ft: 317.87
  • MAIN SO: an6181

Exterior Features

  • Exterior Features: Rain Gutters
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Lake/Pond, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved, Unpaved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Private Sewer
  • Utilities: for Gas Range
  • Heating: Unit 1(Central Heat,Forced Air,Gas), Unit 2(Central Heat,Forced Air,Oil)
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, Public School, T-Station, Sidewalks
  • Rent Includes: Unit 1(None,Other (See Remarks)), Unit 2(Water)

Lot Info

  • Parcel Number: 696637
  • Zoning: SR2
  • Farm Land Area Units: Square Feet
  • Lot Features: Wooded
  • Lot Size Acres: 0.34
  • Lot Size Area: 0.34
  • Lot Size Sq Ft: 14810.4
  • Lot Size Units: Acres
  • LOT SIZE: 15000
  • PAGE: 178

Green Features

  • Green Energy Efficient: Varies per Unit

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 10000
  • Tax Book Number: 41888

Multi Family

  • Gross Income: 21600
  • Net Operating Income: 21600
  • Number Of Units Total: 2
  • Total Actual Rent: 1800
  • LEVELS 1: 3
  • LEVELS 2: 3
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

MLS Schools

  • High School: Newton South
  • Elementary School: Mason Rice
  • Middle Or Junior School: Brown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2021
Sold by
3941 Terrace Ave Llc
Bought by
3941 Green Terrace Ave Nt
Current Estimated Value
$1,647,020

Purchase Details

Closed on
Oct 14, 2020
Sold by
3941 Terrace Ave Llc
Bought by
Saich Anthony J and Gentry Junko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,106,250
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2020
Sold by
Ocean Realty Partners Llc
Bought by
3941 Terrace Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,170,000
Interest Rate
3.74%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 11, 2014
Closed on
Feb 6, 2015
Sold by
39-41 Terrace Avenue R and 41 Terrace R
Bought by
Ocean Realty Partners
Seller's Agent
Jane Collinson
Advisors Living - Wellesley
Buyer's Agent
Jane Collinson
Advisors Living - Wellesley
List Price
$1,049,000
Sold Price
$1,110,000
Premium/Discount to List
$61,000
5.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.66%
Original Mortgage
$1,107,000
Interest Rate
3.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2004
Sold by
Treize Irma A
Bought by
39-41 Terrace Avenue R and Treize Irma A
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
3941 Green Terrace Ave Nt -- None Available
Saich Anthony J $1,475,000 None Available
3941 Terrace Ave Llc $2,010,000 None Available
Ocean Realty Partners $1,110,000 --
39-41 Terrace Avenue R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 3941 Ter Ave Llc $0
Previous Owner Saich Anthony J $1,106,250
Previous Owner 3941 Terrace Ave Llc $2,170,000
Previous Owner Hse 116 Baxter Rd Bch $1,310,000
Previous Owner Ocean Realty Partners $950,000
Previous Owner Ocean Realty Partners $950,000
Previous Owner Ocean Realty Partners $300,000
Previous Owner Ocean Realty Partners $1,360,000
Previous Owner Ocean Realty Partners $550,000
Previous Owner Ocean Realty Partners $1,107,000
Previous Owner Treize Arturs $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2015 02/06/15 Sold $1,110,000 +5.8% $318 / Sq Ft
01/07/2015 01/07/15 Pending -- -- --
12/11/2014 12/11/14 For Sale $1,049,000 -- $300 / 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 $15,254 $1,556,500 $0 $1,556,500
2024 $14,749 $1,511,200 $0 $1,511,200
2023 $15,002 $1,473,700 $0 $1,473,700
2022 $14,765 $1,403,500 $0 $1,403,500
2021 $19,494 $1,811,700 $643,100 $1,168,600
2020 $18,914 $1,811,700 $643,100 $1,168,600
2019 $16,994 $1,626,200 $601,000 $1,025,200
2018 $13,293 $1,228,600 $562,500 $666,100
2017 $12,534 $1,127,200 $516,100 $611,100
2016 $10,488 $921,600 $473,500 $448,100
2015 $10,000 $861,300 $442,500 $418,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71776171

MLS Property Information Network (MLS PIN)

APN: NEWT-000054-000030-000016