NOT LISTED FOR SALE

46-48 Grove St Weymouth, MA 02189

Estimated Value: $622,106 - $799,000

4 Beds
2 Baths
2,136 Sq Ft
$340/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $609,000 $285 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,600/month

48 Days on Market

Highlights

  • Granite Flooring
  • Porch
  • Heating Available
  • Property is near public transit
  • Level Lot

About This Home

As of October 2022

East Weymouth close to Jackson Square and minutes to Hingham, shopping and plenty of recreational activities. You are going to love this income generating property. Now is the time for you to seize an opportunity that rarely presents itself. A multi-family home in a neighborhood largely comprised of single family homes. Set yourself up for success and have a tenant pay half of your mortgage. You can walk to the East Weymouth commuter rail station on the Greenbush Line. Close to plenty of shopping, access routes and the highway. You are going to love this duplex style side by side two family. It lays out like a single family. Perfect for an owner occupant. Parking is plentiful and units have washer and dryers. Current tenants have been in the property for 6 years. De-lead certificates are a huge bonus for landlords. In the last 6 months, the avg. 2 bedroom apartment in Weymouth rented for $2200/mo.

Last Agent to Sell the Property

Mike Mahoney

Real Broker MA, LLC Listed on: 06/06/2022

Real Broker MA, LLC

Last Buyer's Agent

Eugene Clark

C&M Signature Property Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,598

Year Built

  • Built in 1888

Lot Details

  • 10,205 Sq Ft Lot
  • Property fronts an easement
  • Level Lot

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,136 Sq Ft Home
  • Property has 2 Levels
  • Granite Flooring
  • Washer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Schools

  • Weymouth Middle School
  • Weymouth High School

Utilities

  • 2 Heating Zones
  • Heating Available
  • Gas Water Heater

Additional Features

  • Porch
  • Property is near public transit

Community Details

  • 2 Units
  • Net Operating Income $39,000

Listing and Financial Details

  • Total Actual Rent $3,250
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:23 B:313 L:005,276143

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,598

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Side by Side
  • Year Built: 1888
  • Buyer Agency: 2.0
  • Dual Variable: Yes
  • Transaction Broker: 2.0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Washer,Dryer), Unit 2(Range,Refrigerator), Gas Water Heater
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Living Area: 2136
  • Stories Total: 4
  • MAIN LO: BB0870
  • LIST PRICE PER Sq Ft: 292.13
  • PRICE PER Sq Ft: 285.11
  • MAIN SO: AC0770

Exterior Features

  • Exterior Features: Unit 1 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Granite
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Bay, Unknown To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Driveway
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Central Heat,Gas), Unit 2(Central Heat,Gas)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Rent Includes: Unit 1(Water), Unit 2(Water)

Lot Info

  • Parcel Number: M:23 B:313 L:005,276143
  • Zoning: R-2
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements, Level
  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 10205
  • Lot Size Units: Acres
  • PAGE: 251
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5598
  • Tax Book Number: 33362

Multi Family

  • Gross Income: 39000
  • Net Operating Income: 39000
  • Number Of Units Total: 2
  • Total Actual Rent: 3250
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

MLS Schools

  • High School: Weymouth Hs
  • Middle Or Junior School: Weymouth Ms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2015
Sold by
Oriordan Virginia M and Oriordan Ryan P
Bought by
Dkm Properties Llc
Total Days on Market
48
Current Estimated Value
$725,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2008
Sold by
Barry Properties Llc
Bought by
Oriordan Patrick J and Oriordan Ryan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2004
Sold by
Skellett Barry W
Bought by
Barry Properties Llc

Purchase Details

Closed on
Mar 19, 1990
Sold by
Tose Jonathan M
Bought by
Skellett Barry W

Purchase Details

Closed on
Jul 10, 1987
Sold by
Lockary Stephen
Bought by
Tose Jonathan M
Source: Public Records

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Range of Values:

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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
Dkm Properties Llc $340,500 --
Oriordan Patrick J $315,000 --
Barry Properties Llc -- --
Skellett Barry W $180,000 --
Tose Jonathan M $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Murray Brandon J $578,957
Closed Dkm Properties Llc $255,000
Previous Owner Oriordan Ryan P $235,000
Previous Owner Oriordan Patrick J $235,000
Previous Owner Tose Jonathan M $20,000
Previous Owner Tose Jonathan M $145,000
Previous Owner Tose Jonathan M $147,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $609,000 -2.4% $285 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
06/06/2022 06/06/22 For Sale $624,000 -- $292 / 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 $6,327 $626,400 $205,700 $420,700
2024 $6,128 $596,700 $195,900 $400,800
2023 $5,776 $552,700 $181,400 $371,300
2022 $5,598 $488,500 $168,000 $320,500
2021 $5,177 $441,000 $168,000 $273,000
2020 $4,971 $417,000 $168,000 $249,000
2019 $4,847 $399,900 $161,500 $238,400
2018 $4,470 $357,600 $153,800 $203,800
2017 $4,259 $332,500 $146,500 $186,000
2016 $3,997 $312,300 $140,900 $171,400
2015 $3,830 $296,900 $140,900 $156,000
2014 $3,788 $284,800 $131,100 $153,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72992703

MLS Property Information Network (MLS PIN)

APN: WEYM-000023-000313-000005