NOT LISTED FOR SALE

Estimated Value: $1,260,000 - $1,506,000

0.18 Acre
$7,475,594 Price per Acre
7,841 Sq Ft Lot

Last Sold November 16, 2015

Last sale price $735,000 $438 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $8,278/month

406 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Level Lot
  • Peirce Elementary School Rated A+
  • Shops
  • 5-minute walk to Richard McGrath Park

About This Lot

As of November 2015

This is a development opportunity. There is currently a single family home on this site which was built in 1900. The property is zoned as MR1 and the current structure is a tear down. The seller applied for a demolition permit and we have a Newton Historical Commission Demoliton Review Decision which states that there is a delay of demolition in effect until 12/26/15. Buyers must do their own due diligence before submitting offers on this property. Please allow up to 72 hours for a response on any offer. This is also listed as a Single Family MLS#71740611.

Last Agent to Sell the Property

Judy Oriel

Coldwell Banker Realty - Newton Listed on: 09/09/2014

Coldwell Banker Realty - Newton

Last Buyer's Agent

Michael Quinn

Realty Associates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,002

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot
  • Property is zoned MR1

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Pierce/Williams Elementary School
  • Day Middle School
  • Newton North High School

Utilities

  • Electricity To Lot Line

Community Details

  • Medical Services
  • Shops

Listing and Financial Details

  • Assessor Parcel Number 688589

Property Details

Property Type

Land

Est. Annual Taxes

$5,002

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 2.5
  • Transaction Broker Type: %
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • MAIN LO: an6181
  • MAIN SO: BB8099

Exterior Features

  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront YN: No

Utilities

  • Sewer: Public Sewer
  • Gas: On-Site
  • Electric: On-Site
  • Electricity On Property: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Public School, T-Station, Sidewalks

Lot Info

  • Parcel Number: 688589
  • Zoning: MR1
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 7840.799999
  • Lot Size Units: Acres
  • LOT SIZE: 7824
  • PAGE: 18

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 5002
  • Tax Book Number: 1089

MLS Schools

  • High School: Newton North
  • Elementary School: Pierce/Williams
  • Middle Or Junior School: Day

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2017
Sold by
Kane Built Inc
Bought by
Armour Lt
Current Estimated Value
$1,345,607

Purchase Details

Closed on
Jan 11, 2017
Sold by
Kane Built Inc
Bought by
Saini Joginder P and Saini Catherine C

Purchase Details

Listed on
Sep 9, 2014
Closed on
Nov 16, 2015
Sold by
Perry Hollis J and Perry-Ragsdale Mary
Bought by
Kane Built Inc
Seller's Agent
Judy Oriel
Coldwell Banker Realty - Newton
Buyer's Agent
Michael Quinn
Realty Associates
List Price
$949,000
Sold Price
$735,000
Premium/Discount to List
-$214,000
-22.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$1,388,000
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage
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
Armour Lt $865,000 --
Saini Joginder P $853,125 --
Kane Built Inc $735,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saini Catherine C $450,000
Previous Owner Kane Built Inc $1,388,000
Previous Owner Perry Hollis J $143,000
Previous Owner Perry Hollis J $130,000
Previous Owner Perry Hollis J $5,145
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2015 11/16/15 Sold $735,000 -22.6% $438 / Sq Ft
10/17/2015 10/17/15 Pending -- -- --
09/09/2014 09/09/14 For Sale $949,000 -- $565 / 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 $10,157 $1,036,400 $0 $1,036,400
2024 $9,821 $1,006,200 $0 $1,006,200
2023 $9,561 $939,200 $0 $939,200
2022 $9,410 $894,500 $0 $894,500
2021 $4,564 $843,900 $0 $843,900
2020 $8,810 $843,900 $0 $843,900
2019 $4,183 $819,300 $0 $819,300
2018 $18,636 $1,722,400 $512,400 $1,210,000
2017 $4,177 $666,600 $470,100 $196,500
2016 $5,246 $461,000 $435,800 $25,200
2015 $5,002 $430,800 $407,300 $23,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71740612

MLS Property Information Network (MLS PIN)

APN: NEWT-000033-000006-000050