NOT LISTED FOR SALE

408 E Water St Rockland, MA 02370

Estimated Value: $644,760 - $693,000

5 Beds
3 Baths
2,359 Sq Ft
$283/Sq Ft Est. Value

Last Sold October 24, 2018

Last sale price $404,000 $171 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $4,309/month

8 Days on Market

Highlights

  • Deck
  • Porch
  • Satellite Dish
  • Fenced Yard

About This Home

As of October 2018

Perfect opportunity for investors or owner occupant. This two family home sits on a spacious lot with a fenced in yard and detached garage. Unit one has three spacious bedrooms and two full baths with a large open kitchen and floor plan. Unit two has two bedrooms and one bath and has been well maintained. This home needs a little TLC but is perfect for a buyer looking to gain sweat equity. Don't miss out on this opportunity!! Group showings begin on June 25th.

Last Agent to Sell the Property

Jeffrey Devine

eXp Realty License #449550070 Listed on: 06/20/2018

eXp Realty

Last Buyer's Agent

Tony Falco

Falco Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,213

Year Built

  • Built in 1880

Lot Details

  • 0.27

Parking

  • 2 Car Garage

Outdoor Features

  • Deck
  • Porch

Additional Features

  • Fenced Yard
  • Satellite Dish
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:35 B:0 L:108

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,213

Year Built

Built in 1880

Lot Details

0

Parking

2

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 178.00
  • Comp Based On: Net Sale Price
  • Year Built: 1880
  • Lead Paint: Certified Treated
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1880

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 10
  • Basement: Y
  • Main Lo: AC0342
  • Main So: A98015
  • Estimated Sq Ft: 2359.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Aluminum
  • Exterior Features: Porch, Deck, Fenced Yard, Satellite Dish
  • Foundation: Fieldstone

Garage/Parking

  • Parking Spaces: 6
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heat Zones: 2

Lot Info

  • Assessments: 307200.00
  • Acre: 0.27
  • Lot Size: 11805.00
  • Page: 177
  • Parcel Number: M:35 B:0 L:108
  • Zoning: RESIDE
  • Lot Description: Corner, Paved Drive, Fenced/Enclosed, Level

Multi Family

  • Total Levels: 2
  • Total Rent: 3000
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 5597.00
  • Assessor Parcel Number: 1156295

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2018
Closed on
Oct 24, 2018
Sold by
Crawford-Mccosker Susan E
Bought by
Gallagher Scott C
Seller's Agent
Jeffrey Devine
eXp Realty
Buyer's Agent
Tony Falco
Falco Realty Group
List Price
$419,900
Sold Price
$404,000
Premium/Discount to List
-$15,900
-3.79%
Current Estimated Value
$666,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,690
Avg. Annual Appreciation
8.10%
Original Mortgage
$366,300
Outstanding Balance
$326,379
Interest Rate
4.99%
Mortgage Type
FHA
Estimated Equity
$363,606

Purchase Details

Closed on
May 21, 2012
Sold by
Mccosker Eric and Crawford Susan
Bought by
Crawford-Mccosker Susan E

Purchase Details

Closed on
Jul 25, 2005
Sold by
Succar Chere Ann
Bought by
Mccosker Eric and Crawford Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,500
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2004
Sold by
Steeves Chere Ann and Steeves Chere A
Bought by
Succar Chere Ann and Succar Chere A

Purchase Details

Closed on
Oct 31, 1996
Sold by
Schembari John E
Bought by
Steeves Brian T and Steeves Chere 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
Gallagher Scott C $404,000 --
Crawford-Mccosker Susan E -- --
Crawford-Mccosker Susan E -- --
Mccosker Eric $405,000 --
Mccosker Eric $405,000 --
Succar Chere Ann -- --
Succar Chere Ann -- --
Steeves Brian T $140,000 --
Steeves Brian T $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Scott C $366,300
Closed Steeves Brian T $366,300
Previous Owner Steeves Brian T $364,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2018 10/24/18 Sold $404,000 -3.8% $171 / Sq Ft
06/28/2018 06/28/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $419,900 -- $178 / 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 $8,213 $600,800 $215,500 $385,300
2024 $8,045 $572,200 $203,300 $368,900
2023 $7,846 $515,500 $176,700 $338,800
2022 $7,584 $452,800 $153,600 $299,200
2021 $5,239 $400,300 $139,600 $260,700
2020 $4,897 $381,400 $133,000 $248,400
2019 $6,313 $352,300 $126,700 $225,600
2018 $5,597 $307,200 $126,700 $180,500
2017 $5,380 $291,100 $126,700 $164,400
2016 $5,179 $280,100 $121,800 $158,300
2015 $5,203 $273,400 $113,900 $159,500
2014 $5,064 $276,100 $111,700 $164,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72350354

MLS Property Information Network (MLS PIN)

APN: ROCK-000035-000000-000108