427 Crafts St Unit 429 West Newton, MA 02465
West Newton NeighborhoodEstimated Value: $1,300,000 - $1,472,799
4
Beds
3
Baths
2,540
Sq Ft
$539/Sq Ft
Est. Value
Highlights
- Landscaped Professionally
- Deck
- Wood Flooring
- Horace Mann Elementary School Rated A
About This Home
As of October 2020Rare opportunity for owner occupant or investor! Tastefully renovated 2 Family on a large corner lot in very desirable West Newton. Owner occupied 2nd floor unit has beautiful granite kitchen, sun drenched living room, copious amounts of storage. Hardwood floors and recessed lighting throughout, Carrier Central Air, walk up attic. There is a separate oversized office on 1st floor, with ultra modern bathroom, Mitsubishi mini split, deck entrance, or can serve as in-law or suite for long term guests. Unit 1 is lead safe, leased till 5/31/21. Separate heating (oil tanks 2018/2020) and electrical systems 2006, shared laundry. 2 car garage has insulated WIFI remote Garaga doors (2011). Large landscaped backyard is perfect for enjoying Newton’s July 4th fireworks. Steps to park, pool, tennis courts. Easy walk to all schools, shops, restaurants. On express bus route to Boston, near commuter rail, easy access to 90, 95, & 128.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,575
Year Built
- Built in 1949
Lot Details
- Year Round Access
- Landscaped Professionally
Parking
- 2 Car Garage
Flooring
- Wood
- Tile
- Vinyl
Outdoor Features
- Deck
- Rain Gutters
Utilities
- Oil Water Heater
Additional Features
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2020
Closed on
Sep 30, 2020
Sold by
Spiegel William M and Spiegel Irina M
Bought by
Huang Shuran and Wang Wenyu
Seller's Agent
Irina Spiegel
Benoit Real Estate Group ,LLC
Buyer's Agent
The Residential Group
William Raveis R.E. & Home Services
List Price
$998,000
Sold Price
$1,050,000
Premium/Discount to List
$52,000
5.21%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,200
Avg. Annual Appreciation
5.47%
Original Mortgage
$840,000
Outstanding Balance
$753,637
Interest Rate
2.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$597,671
Purchase Details
Closed on
Aug 15, 1997
Sold by
Cedrone Matthew P
Bought by
Spiegel William M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Interest Rate
7.56%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 10, 1996
Sold by
Rosenfield Jennie
Bought by
Cedrone Matthew P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,200
Interest Rate
7.67%
Mortgage Type
Purchase Money Mortgage
Similar Home in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Huang Shuran | $1,050,000 | None Available | |
| Spiegel William M | $278,000 | -- | |
| Cedrone Matthew P | $241,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Huang Shuran | $840,000 | |
| Previous Owner | Spiegel William M | $150,000 | |
| Previous Owner | Cedrone Matthew P | $421,000 | |
| Previous Owner | Cedrone Matthew P | $60,000 | |
| Previous Owner | Spiegel William M | $60,000 | |
| Previous Owner | Spiegel Irina | $460,400 | |
| Previous Owner | Spiegel Irina | $200,000 | |
| Previous Owner | Spiegel William M | $150,000 | |
| Previous Owner | Cedrone Matthew P | $222,400 | |
| Previous Owner | Cedrone Matthew P | $193,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/02/2020 10/02/20 | Sold | $1,050,000 | +5.2% | $413 / Sq Ft |
| 08/20/2020 08/20/20 | Pending | -- | -- | -- |
| 08/16/2020 08/16/20 | For Sale | $998,000 | -- | $393 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $11,575 | $1,181,100 | $718,700 | $462,400 |
| 2024 | $11,192 | $1,146,700 | $697,800 | $448,900 |
| 2023 | $10,714 | $1,052,500 | $565,100 | $487,400 |
| 2022 | $10,252 | $974,500 | $523,200 | $451,300 |
| 2021 | $8,189 | $761,100 | $480,000 | $281,100 |
| 2020 | $7,946 | $761,100 | $480,000 | $281,100 |
| 2019 | $7,318 | $700,300 | $448,600 | $251,700 |
| 2018 | $7,274 | $672,300 | $422,400 | $249,900 |
| 2017 | $6,859 | $616,800 | $387,500 | $229,300 |
| 2016 | $6,440 | $565,900 | $355,500 | $210,400 |
| 2015 | $6,141 | $528,900 | $332,200 | $196,700 |
Source: Public Records
Agents Affiliated with this Home
-
Irina Spiegel
Seller's Agent in 2020
Irina Spiegel
Benoit Real Estate Group ,LLC
(617) 650-0851
1 in this area
74 Total Sales
-
The Residential Group
T
Buyer's Agent in 2020
The Residential Group
William Raveis R.E. & Home Services
(617) 426-8333
1 in this area
281 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72710738
APN: NEWT-000034-000004-000001
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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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