NOT LISTED FOR SALE

Estimated Value: $1,048,000 - $1,154,460

4 Beds
2 Baths
2,100 Sq Ft
$518/Sq Ft Est. Value

Last Sold November 09, 2021

Last sale price $830,000 $395 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $6,859/month

33 Days on Market

About This Home

As of November 2021

Super opportunity to own a 5/5 Two Family on a quiet side street. The home has one of the larger lots in West Watertown with 7200 square feet of land with a fenced in yard. Each unit features Two Bedrooms, Formal Living Rooms and Dining Rooms, Kitchens with Fridge & Gas Stove, and Baths with Tub and Shower. Hardwood Floors Throughout. Each unit has its own separate entrance. Front Porches. Back Porches that were rebuilt in 2013, 2011 roof and driveway. Separate Utilities for each unit, Basement storage with 2 separate washer and dryers. Fenced in yard. The Property has Incredible Potential for an Investor, Developer, or Owner Occupant. Two car Garage with additional 4 car parking. Close proximity to Watertown Square, Transportation, Shops, Restaurants, & Area Amenities. Property can be delivered vacant.

Last Agent to Sell the Property

Brian Shore

Agency Realty Listed on: 08/27/2021

Last Buyer's Agent

Mike DelRose

Coldwell Banker Realty - Belmont

Coldwell Banker Realty - Belmont

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,272

Year Built

  • 1939

Lot Details

  • 7,405

Parking

  • 2

Additional Features

  • Property has 1 Level
  • 2 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,272

Year Built

1939

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Olcott Street is off of 551 Main Street or 94 Highland Ave.
  • Garage Yn: Yes
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1939

Interior Features

  • Appliances: Unit 1(Range,Disposal,Refrigerator), Unit 2(Range,Refrigerator), Gas Water Heater,Tank Water Heater, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Has Basement: Partial, Walk-Out Access, Concrete
  • Total Bathrooms: 2
  • MAIN LO: B91290
  • LIST PRICE PER Sq Ft: 416.67
  • PRICE PER Sq Ft: 395.24
  • MAIN SO: AN4119
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: Storm Door(s)
  • Fireplace: No
  • Flooring: Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans,Storage,Bathroom With Tub & Shower,Internet Available - Unknown), Unit 2(Ceiling Fans,Storage,Bathroom With Tub & Shower,Internet Available - Unknown), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Stories: 3
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle
  • Exterior Features: Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Foundation Details: Block
  • Construction Type: Frame
  • Disclosures: Probable Asbestos In The Basement, Original Heating Systems, 2011 Roof And Driveway. 2013 Rebuilt Back Porches. Shared Driveway.
  • Fencing: Fenced/Enclosed, Fenced
  • Home Warranty: No
  • Patio And Porch Features: Porch, Enclosed
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Shared Driveway, Off Street, Guest, Paved
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Central Heat,Steam,Oil,Individual), Unit 2(Steam,Oil,Individual)
  • SEWAGE DISTRICT: mwra
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • Cooling Y N: No
  • Electric: Circuit Breakers, 60 Amps/Less, Individually Metered
  • Heating Yn: Yes
  • Laundry Features: Laundry Room, Washer Hookup
  • Sewer: Public Sewer
  • Utilities: for Gas Oven, for Electric Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community: No

Lot Info

  • LOT SIZE: 7200
  • PAGE: 70
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 7405.2
  • Zoning: T

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2
  • Annual Gross Income: 40800
  • Property Net Operating Income: 40800
  • Number Of Units Total: 2
  • Total Actual Rent: 3400

Tax Info

  • Tax Annual Amount: 9254
  • Tax Block: 0015
  • Tax Book Number: 24050
  • Tax Lot: 0238
  • Tax Map Number: 0606
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Nov 4, 2021
Sold by
Pavlan Linda J
Bought by
Morrissey Brendan A
Seller's Agent
Brian Shore
Agency Realty
Buyer's Agent
Mike DelRose
Coldwell Banker Realty - Belmont
Sold Price
$830,000
Current Estimated Value
$1,088,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,615
Avg. Annual Appreciation
7.38%
Original Mortgage
$622,500
Outstanding Balance
$571,963
Interest Rate
2.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$516,652

Purchase Details

Closed on
Dec 16, 1993
Sold by
Morrissey Josephine and Clancy Elena M
Bought by
Pavlan Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
7.03%
Mortgage Type
Purchase Money Mortgage
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
Morrissey Brendan A $830,000 None Available
Pavlan Linda J $184,000 --
Pavlan Linda J $184,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morrissey Brendan A $622,500
Closed Morrissey Brendan A $622,500
Previous Owner Pavlan Linda J $250,000
Previous Owner Pavlan Linda J $147,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2021 11/09/21 Sold $830,000 -5.1% $395 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/29/2021 09/29/21 For Sale -- -- --
09/05/2021 09/05/21 Pending -- -- --
08/27/2021 08/27/21 For Sale $875,000 -- $417 / 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 $11,272 $965,100 $544,600 $420,500
2024 $10,333 $883,200 $529,800 $353,400
2023 $11,198 $824,600 $506,800 $317,800
2022 $10,350 $781,100 $460,700 $320,400
2021 $9,254 $755,400 $445,400 $310,000
2020 $8,910 $733,900 $430,000 $303,900
2019 $8,779 $681,600 $430,000 $251,600
2018 $8,463 $628,300 $399,300 $229,000
2017 $8,034 $578,400 $349,400 $229,000
2016 $7,650 $559,200 $330,200 $229,000
2015 $7,019 $467,000 $291,800 $175,200
2014 $6,699 $447,800 $272,600 $175,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72887269

MLS Property Information Network (MLS PIN)

APN: WATE-000606-000015-000238