Seller's Agent in 2019
Lisa Lee
Coldwell Banker Realty - Lexington
(857) 294-9760
7 Total Sales
48 Massachusetts Ave Unit 50 Arlington, MA 02474
East Arlington NeighborhoodEstimated Value: $1,167,000 - $1,353,589
4
Beds
2
Baths
2,200
Sq Ft
$575/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Hardy Elementary School Rated A
- 4-minute walk to Waldo Park
About This Home
As of April 2019OPEN HOUSE CANCELED!! OFFER HAS BEEN ACCEPTED. Fantastic two family in highly desirable East Arlington location. Vacant property with amazing opportunity for Business, potential condo conversion, rental property or flip with 2 car detached-garage and 8 off parking. Gas and Electricity separately metered. Steps away from Bus Station, walkable distance from Alewife. Close to Route 2, Minuteman Bikeway, schools, parks, shops, restaurants and more. First floor has 4 offices, 1 living room, 1 full bath and had been used by meditation center more than 10 years. Second floor has living room, dining room, 3 bedrooms, 1 full bath and big kitchen. Full bathroom in huge basement which had been leased with the first floor.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,851
Year Built
- Built in 1923
Lot Details
- 4,792
Parking
- 2 Car Garage
Additional Features
- Wood Flooring
- Natural Gas Water Heater
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 12, 2019
Closed on
Mar 21, 2019
Sold by
Jung Mi-Young
Bought by
Fan Shun
Seller's Agent
Lisa Lee
Coldwell Banker Realty - Lexington
Buyer's Agent
Lisa Lee
Coldwell Banker Realty - Lexington
List Price
$825,000
Sold Price
$875,000
Premium/Discount to List
$50,000
6.06%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,147
Avg. Annual Appreciation
6.00%
Purchase Details
Closed on
Feb 29, 2008
Sold by
Resour Weichert Reloca
Bought by
Jung Mi-Young
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Fan Shun | $875,000 | -- | |
| Jung Mi-Young | $508,000 | -- | |
| Resour Weichert Reloca | $508,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Wang Jing Wai | $495,000 | |
| Previous Owner | Jung Mi-Young | $260,000 | |
| Previous Owner | Loccisano Vincent P | $30,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/04/2019 04/04/19 | Sold | $875,000 | +6.1% | $398 / Sq Ft |
| 03/15/2019 03/15/19 | Pending | -- | -- | -- |
| 03/12/2019 03/12/19 | For Sale | $825,000 | -- | $375 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $10,851 | $1,007,500 | $532,600 | $474,900 |
| 2024 | $10,022 | $946,400 | $507,000 | $439,400 |
| 2023 | $10,036 | $895,300 | $425,100 | $470,200 |
| 2022 | $10,002 | $875,800 | $409,700 | $466,100 |
| 2021 | $9,698 | $855,200 | $409,700 | $445,500 |
| 2020 | $9,460 | $855,300 | $409,700 | $445,600 |
| 2019 | $9,126 | $810,500 | $435,300 | $375,200 |
| 2018 | $7,294 | $705,600 | $317,500 | $388,100 |
| 2017 | $8,050 | $640,900 | $276,500 | $364,400 |
| 2016 | $7,680 | $600,000 | $235,600 | $364,400 |
| 2015 | $7,532 | $555,900 | $230,400 | $325,500 |
Source: Public Records
Agents Affiliated with this Home
-
Lisa Lee
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72464063
APN: ARLI-000001-000003-000003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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