NOT LISTED FOR SALE

Estimated Value: $1,375,000 - $2,159,602

11 Beds
3 Baths
3,906 Sq Ft
$465/Sq Ft Est. Value

Last Sold April 08, 2024

Last sale price $2,150,000 $550 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $10,928/month

46 Days on Market

Highlights

  • Golf Course Community
  • Deck
  • Wood Flooring
  • Medical Services
  • Property is near public transit
  • 2-minute walk to Rainbow Playground

About This Home

As of April 2024

DEAL ALERT! 6.5+ CAP! Renewals already underway at higher rents! Brand new renovation, turn key, investment grade, condo quality 3 family, ready to make you income for many years to come! Upgrades include new electrical, plumbing, HVAC, windows, kitchen and baths, interior finishes and the list goes on and on. Each unit is spacious and well laid out. Unit #1 has 3 bedrooms and units #2 and #3 have 4 bedrooms each. The kitchen's feature white shaker cabinetry, quartz countertops, tile backsplashes and stainless steel appliances. The bathrooms are beautifully tiled, and there are hardwood floors throughout. Added perks include bay windows, central A/C, front porches and rear decks, in unit-laundry and 1 car parking, all in a convenient JP location. Excellent 1031 exchange candidate. Financials attached.

Last Agent to Sell the Property

The Residential Group

William Raveis R.E. & Home Services Listed on: 01/07/2024

William Raveis R.E. & Home Services

Last Buyer's Agent

Benjamin Snow

Coldwell Banker Realty - Boston

Coldwell Banker Realty - Boston

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,151

Year Built

  • Built in 1930

Lot Details

  • 3,564 Sq Ft Lot
  • Near Conservation Area

Home Design

  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 3,906 Sq Ft Home
  • Crown Molding
  • Insulated Windows
  • Living Room
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • 3 Cooling Zones
  • 3 Heating Zones
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $13,020
  • Rent includes unit 1(none), unit 2(none), unit 3(none)
  • Assessor Parcel Number 1350689

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Operating Expense $18,838
  • Net Operating Income $137,402

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,151

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1930
  • Buyer Agency: 2.0
  • Transaction Broker: 2.0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Crown Molding, Stone/Granite/Solid Counters, Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 11
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 3906
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: M59500
  • LIST PRICE PER Sq Ft: 550.44
  • PRICE PER Sq Ft: 550.44
  • MAIN SO: AN6181

Exterior Features

  • Exterior Features: Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Private School, Public School, T-Station
  • Rent Includes: Unit 1(None), Unit 2(None), Unit 3(None)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1350689
  • Zoning: 3F-4000
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3564
  • Lot Size Units: Acres
  • PAGE: 314
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11151.24
  • Tax Book Number: 67676

Multi Family

  • Gross Income: 156240
  • Net Operating Income: 137402
  • Number Of Units Total: 3
  • Operating Expense: 18838
  • Total Actual Rent: 13020
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 3
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2024
Sold by
Shamsi Rizwan
Bought by
Shamsi Uzma N
Current Estimated Value
$1,814,901

Purchase Details

Closed on
Sep 3, 2024
Sold by
Hashmi Uzma N and Shamsi Rizwan
Bought by
Shamsi Rizwan

Purchase Details

Closed on
Aug 29, 2023
Sold by
A Llc Llc
Bought by
Meatus Llc

Purchase Details

Closed on
May 20, 2022
Sold by
Belton Fannie M Est and Belton
Bought by
A Llc Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,545,000
Interest Rate
4.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2007
Sold by
Belton T T and Belton B
Bought by
Belton Fannie M
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Shamsi Uzma N -- None Available
Shamsi Uzma N -- None Available
Shamsi Rizwan -- None Available
Shamsi Rizwan -- None Available
Meatus Llc -- None Available
Meatus Llc -- None Available
A Llc Llc $1,100,000 None Available
A Llc Llc $1,100,000 None Available
Belton Fannie M -- --
Belton Fannie M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner A Llc Llc $1,545,000
Previous Owner Belton Fannie M $85,000
Previous Owner Belton Fannie M $40,000
Previous Owner Belton Fannie M $20,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2024 04/08/24 Sold $2,150,000 0.0% $550 / Sq Ft
02/23/2024 02/23/24 Pending -- -- --
02/08/2024 02/08/24 Price Changed $2,150,000 -1.1% $550 / Sq Ft
01/17/2024 01/17/24 Price Changed $2,175,000 -3.3% $557 / Sq Ft
01/07/2024 01/07/24 For Sale $2,250,000 -- $576 / 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 $16,918 $1,461,000 $409,500 $1,051,500
2024 $11,216 $1,029,000 $279,400 $749,600
2023 $11,051 $1,029,000 $279,400 $749,600
2022 $10,363 $952,500 $258,600 $693,900
2021 $9,498 $890,200 $241,700 $648,500
2020 $9,360 $886,400 $260,400 $626,000
2019 $8,495 $806,000 $174,900 $631,100
2018 $7,680 $732,800 $174,900 $557,900
2017 $7,250 $684,600 $174,900 $509,700
2016 $6,548 $595,300 $174,900 $420,400
2015 $5,854 $483,400 $134,500 $348,900
2014 $5,289 $420,400 $134,500 $285,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73191420

MLS Property Information Network (MLS PIN)

APN: JAMA-000000-000011-001524