NOT LISTED FOR SALE

Estimated Value: $1,393,000 - $1,588,000

7 Beds
3 Baths
3,742 Sq Ft
$395/Sq Ft Est. Value

Last Sold June 12, 2024

Last sale price $1,410,000 $377 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $8,829/month

6 Days on Market

Highlights

  • Property is near public transit and schools
  • Home Office
  • Living Room
  • Wood Flooring
  • Covered Patio or Porch
  • 3-minute walk to Watertown Linear Park

About This Home

As of June 2024

Massive, classic triple decker approx. 1200 sq. ft per floor! Updated kitchens and bathrooms . The 2nd and 3rd floor have maintenance free new rear porches. Newer gas forced hot air heating systems, 1st floor has central air. There is a coin operated washer and dryer in the basement and separate storage area in the basement. Apartments 1 and 3 have leases till 8/31/24 and apartment #2 leased till 5/31/2025 (rents are below market). The driveway which accommodates 3+ tandem cars. Conveniently located off Mount Auburn Street close to restaurants, shopping , bus stop, and Cambridge. Very easy to rent !

Last Agent to Sell the Property

Robin Repucci

Compass Listed on: 05/14/2024

Compass

Last Buyer's Agent

Paul Neavyn

Gibson Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,168

Year Built

  • Built in 1917

Lot Details

  • 3,746 Sq Ft Lot
  • Garden

Home Design

  • Block Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 3,742 Sq Ft Home
  • Living Room
  • Dining Room
  • Home Office
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Utilities

  • Central Air
  • 1 Cooling Zone
  • 3 Heating Zones

Additional Features

  • Covered Patio or Porch
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $7,000
  • Rent includes unit 1(water), unit 2(water), unit 3(water)

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Additional Features

  • Shops
  • Net Operating Income $52,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,168

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1917
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood
  • Interior Amenities: Living Room, Kitchen, Office/Den, Dining Room
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator, Microwave
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 3742
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN2383
  • MAIN SO: AN0394

Exterior Features

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

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3746
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11167.8

Multi Family

  • Net Operating Income: 52800
  • Number Of Units Total: 3
  • Total Actual Rent: 7000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 1
  • LEVELS 3: 3
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Jun 4, 2024
Sold by
Grassia Mark A and Grassia Elena
Bought by
4 Adams Street Llc
Seller's Agent
Robin Repucci
Compass
Buyer's Agent
Paul Neavyn
Gibson Sotheby's International Realty
List Price
$1,299,000
Sold Price
$1,410,000
Premium/Discount to List
$111,000
8.55%
Views
15
Current Estimated Value
$1,479,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,088
Avg. Annual Appreciation
3.00%

Purchase Details

Closed on
Jun 18, 2021
Sold by
Grassia Mark A
Bought by
Grassia Mark A and Grassia Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,900,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 25, 2013
Closed on
Jun 24, 2013
Sold by
Judith K Sheytanian Rt and Sheytanian
Bought by
Grassia Mark
Seller's Agent
Ken Sheytanian
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Robin Repucci
Compass
List Price
$759,000
Sold Price
$742,000
Premium/Discount to List
-$17,000
-2.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Original Mortgage
$550,000
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
4 Adams Street Llc $1,410,000 None Available
Grassia Mark A -- None Available
Grassia Mark A -- None Available
Grassia Mark A -- None Available
Grassia Mark $742,000 --
Grassia Mark $742,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grassia Mark A $4,900,000
Previous Owner Grassia Mark $550,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2024 06/12/24 Sold $1,410,000 +8.5% $377 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $1,299,000 +75.1% $347 / Sq Ft
06/24/2013 06/24/13 Sold $742,000 -2.2% $194 / Sq Ft View Prior Sale
05/25/2013 05/25/13 Pending -- -- --
04/25/2013 04/25/13 For Sale $759,000 -- $199 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $13,597 $1,164,100 $455,600 $708,500
2024 $10,949 $935,800 $455,900 $479,900
2023 $12,507 $921,000 $441,100 $479,900
2022 $11,500 $867,900 $397,000 $470,900
2021 $10,323 $842,700 $389,700 $453,000
2020 $10,006 $824,200 $375,000 $449,200
2019 $10,037 $779,300 $360,300 $419,000
2018 $9,469 $703,000 $319,800 $383,200
2017 $8,913 $641,700 $319,800 $321,900
2016 $8,290 $606,000 $286,700 $319,300
2015 $7,544 $501,900 $272,000 $229,900
2014 $7,508 $501,900 $272,000 $229,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73237399

MLS Property Information Network (MLS PIN)

APN: WATE-001225-000025-000006