NOT LISTED FOR SALE

Estimated Value: $613,693 - $713,000

2 Beds
2 Baths
1,515 Sq Ft
$433/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $459,000 $303 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,109/month

7 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • 2-minute walk to Tri- Community Greenway

About This Home

As of January 2020

INCREDIBLE OPPORTUNITY for an investor looking for great rental income or for the buyer that wants to owner occupy while earning rental income. Well maintained 2 FAMILY in excellent Stoneham location. Separate utilities (except water) and separate entrances. Unit 1 boasts a spacious sun drenched living room with coffered ceiling and custom built ins. Generous eat in kitchen has plenty of cabinet space, chair rail and crown molding. The large bedroom has beautiful hardwood floors and plenty of natural sunlight. Unit 2 also has a spacious eat in kitchen with plenty of cabinet space, chair rail and crown molding as well as a large living room and bedroom. Ample closets and plenty of storage as well as a bonus room upstairs makes this unit very desirable. Located less than a 1/2 mile from Stoneham Center and it's wonderful shops and restaurants, this home is a commuters dream, close to both 93 and 128. Don't miss this rare opportunity to own a great investment property.

Last Agent to Sell the Property

Janice Sullivan

LAER Realty Partners Listed on: 12/19/2019

LAER Realty Partners

Co-Listed By

Robyn Magenheim

LAER Realty Partners

Last Buyer's Agent

Matthew Czepiel

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,434

Year Built

  • Built in 1900

Lot Details

  • Year Round Access
  • Fenced Yard

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:13 B:000 L:16

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,434

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 302.97
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Flooring: Tile, Vinyl, Hardwood, Wood Laminate
  • Total Flrs: 3
  • No Bedrooms: 2
  • Total Brs: 2
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 6
  • Basement: Y
  • Basement Features: Full, Interior Access
  • Main Lo: AN1199
  • Main So: AN2314
  • Estimated Sq Ft: 1515.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Fenced Yard
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, Public School

Schools

  • High School: Stoneham HS

Lot Info

  • Assessments: 428800.00
  • Acre: 0.06
  • Lot Size: 2820.00
  • Page: 385
  • Parcel Number: M:13 B:000 L:16
  • Zoning: RB
  • Lot Description: Paved Drive, Fenced/Enclosed, Level

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rent: 2200
  • Total Rms: 6
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 4811.00
  • Assessor Parcel Number: 770089

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2019
Closed on
Jan 28, 2020
Sold by
Mlf Properties Inc
Bought by
Cheng Jonathan
Seller's Agent
Janice Sullivan
LAER Realty Partners
Buyer's Agent
Matthew Czepiel
Lamacchia Realty, Inc.
List Price
$459,000
Sold Price
$459,000
Current Estimated Value
$656,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,173
Avg. Annual Appreciation
7.02%
Original Mortgage
$367,200
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2004
Sold by
Lapiana Michele A
Bought by
Mlf Prop Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.32%

Purchase Details

Closed on
Dec 10, 1999
Sold by
Herrick Janice M
Bought by
Lapiana Michele A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage
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
Cheng Jonathan $459,000 None Available
Mlf Prop Inc -- --
Lapiana Michele A $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Jonathan $60,000
Open Cheng Jonathan $390,000
Closed Cheng Jonathan $367,200
Previous Owner Mlf Props Inc $185,000
Previous Owner Lapiana Michele A $100,000
Previous Owner Martinez Kurt D $216,000
Previous Owner Martinez Kurt D $220,000
Previous Owner Debruyn Janice $215,000
Previous Owner Debruyn Janice $175,500
Previous Owner Debruyn Janice $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2020 01/31/20 Sold $459,000 0.0% $303 / Sq Ft
12/26/2019 12/26/19 Pending -- -- --
12/19/2019 12/19/19 For Sale $459,000 -- $303 / 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 $5,434 $531,200 $296,200 $235,000
2024 $5,378 $507,800 $272,800 $235,000
2023 $5,263 $474,100 $249,400 $224,700
2022 $4,639 $445,600 $226,000 $219,600
2021 $5,037 $465,500 $221,500 $244,000
2020 $5,104 $473,000 $204,000 $269,000
2019 $4,811 $428,800 $205,500 $223,300
2018 $4,596 $392,500 $172,600 $219,900
2017 $4,182 $337,500 $149,700 $187,800
2016 $4,274 $336,500 $149,700 $186,800
2015 $4,036 $311,400 $135,400 $176,000
2014 $3,568 $264,500 $114,000 $150,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72601688

MLS Property Information Network (MLS PIN)

APN: STON-000013-000000-000016