NOT LISTED FOR SALE

Estimated Value: $821,000 - $911,000

2 Beds
1 Bath
943 Sq Ft
1914 Built

Last Sold August 05, 2016

Last sale price $500,000 $530 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,142/month

7 Days on Market

About This Home

As of August 2016

Charming, very well maintained 2 bed 1 bath condo in the ideal East Arlington location. This amazing unit is nestled on highly sought after, tree-lined Magnolia St. which leads to Magnolia park and Thorndike field. 47 Magnolia is southern facing which gives you sunlight throughout the day. You first enter through the inviting mudroom/foyer and notice the great period detail with beautiful mouldings, decorative windows, a claw foot cast iron tub, and gorgeous fir hardwood floors throughout. The eat-in-kitchen has custom built cabinetry, a cast iron sink and an original built-in china cabinet with a pass-through to the dining room. Both bedrooms are good sized with ample closet space. 2 private decks one in front and one in the back. There is one deeded garage spot and one deeded off street spot, as well as deeded storage and W/D in the basement. This condo is centrally located a 10 minute walk to Alewife T through the bike path and steps from the shops and restaurants on Mass Ave

Last Agent to Sell the Property

Emmanuel Paul

Redfin Corp. Listed on: 06/02/2016

Redfin Corp.

Last Buyer's Agent

Nicholas Mescia

Compass

Compass

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,303

Year Built

1914

Lot Details

0

Listing Details

  • Unit Level: 1
  • Unit Placement: Street
  • Property Type: Condominium/Co-Op
  • Lead Paint: Yes
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1914

Interior Features

  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Has Basement: Yes
  • Number of Rooms: 5
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Highway Access, Public School, T-Station
  • Electric: Circuit Breakers, 100 Amps
  • Flooring: Tile, Hardwood
  • Bedroom 2: First Floor
  • Bathroom #1: First Floor
  • Kitchen: First Floor
  • Laundry Room: Basement
  • Living Room: First Floor
  • Master Bedroom: First Floor
  • Master Bedroom Description: Closet, Flooring - Hardwood
  • Dining Room: First Floor
  • Oth1 Room Name: Mud Room
  • Oth1 Dscrp: Closet, Flooring - Hardwood
  • Oth1 Level: First Floor
  • No Living Levels: 1

Exterior Features

  • Roof: Slate
  • Construction: Frame
  • Exterior: Wood
  • Exterior Unit Features: Porch, Deck, Deck - Wood

Garage/Parking

  • Garage Parking: Detached, Deeded
  • Garage Spaces: 1
  • Parking: Off-Street, Deeded
  • Parking Spaces: 1

Utilities

  • Cooling: Window AC
  • Heating: Steam, Gas
  • Cooling Zones: 1
  • Heat Zones: 1
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Condominium Name: 45-47 Magnolia St Condo Trust
  • Association Fee Includes: Water, Sewer, Master Insurance, Reserve Funds, Landscaping
  • Pets Allowed: Yes w/ Restrictions
  • No Units: 2
  • Unit Building: 47

Fee Information

  • Fee Interval: Monthly

Schools

  • Elementary School: Hardy
  • Middle School: Ottoson
  • High School: Arlington

Lot Info

  • Assessor Parcel Number: M:003.A B:0005 L:0047
  • Zoning: R2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2016
Closed on
Aug 5, 2016
Sold by
Hassinger Alex M and Hassinger Alison B
Bought by
Pinault Michel H and Tang-Yu Hai
Seller's Agent
Emmanuel Paul
Redfin Corp.
Buyer's Agent
Nicholas Mescia
Compass
List Price
$449,999
Sold Price
$500,000
Premium/Discount to List
$50,001
11.11%
Current Estimated Value
$855,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,014
Avg. Annual Appreciation
5.99%
Original Mortgage
$400,000
Outstanding Balance
$321,688
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$530,070

Purchase Details

Closed on
May 17, 2013
Sold by
Wyeth Amy G
Bought by
Hassinger Alex M and Hassinger Alison B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$695,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Pinault Michel H $500,000 --
Hassinger Alex M $355,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pinault Michel H $400,000
Previous Owner Hassinger Alex M $695,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2016 08/05/16 Sold $500,000 +11.1% $530 / Sq Ft
06/09/2016 06/09/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $449,999 -- $477 / 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 $7,303 $678,100 $0 $678,100
2024 $7,000 $661,000 $0 $661,000
2023 $7,164 $639,100 $0 $639,100
2022 $7,090 $620,800 $0 $620,800
2021 $6,832 $602,500 $0 $602,500
2020 $6,563 $593,400 $0 $593,400
2019 $6,310 $560,400 $0 $560,400
2018 $6,007 $495,200 $0 $495,200
2017 $5,155 $410,400 $0 $410,400
2016 $4,671 $364,900 $0 $364,900
2015 $4,570 $337,300 $0 $337,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72016315

MLS Property Information Network (MLS PIN)

APN: ARLI-000003A-000005-000047