Seller's Agent in 2021
Jen Conley
Coldwell Banker Realty - Westwood
(508) 265-3824
4 in this area
56 Total Sales
486 Washington St Norwood, MA 02062
Norwood Centre NeighborhoodEstimated Value: $1,317,279
7
Beds
5
Baths
4,297
Sq Ft
$307/Sq Ft
Est. Value
Highlights
- Deck
- 5-minute walk to Norwood Depot
- Wood Flooring
- Norwood High School Rated A-
About This Home
As of May 2021Fantastic Investment opportunity to own this multi-family home with commercial space. First time for sale in almost 80 years! This well maintained and cared for property has been family owned since the 1940's. Main house has up to 3 rental units or 2 rentals + first floor commercial space. BONUS: additional commercial building in rear with over 1300 sq ft, currenlty leased as dance studio. Updates include all replacement windows, roof approx 10 years, on demand hot water 2015, central A/C added for 1st floor only. Utilize the first floor with over 1600sq ft including full kitchen for a multitude of business uses or rental unit. So much charm including beautiful original mahogany staircase with fireplace as you enter, built-ins, millwork. Reconfigure other units with so many possibilities to generate income right now! Off street parking for 6 cars. Commuter rail, shopping, and all that downtown Norwood has to offer! SHOWINGS BEGIN THIS WEEKEND. CALL FOR APPT. PREAPPROVED BUYERS ONLY
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $0
Year Built
- Built in 1891
Lot Details
- 8,276
Flooring
- Wood
- Wall to Wall Carpet
- Tile
- Vinyl
Additional Features
- Deck
- Oil Water Heater
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 3, 2021
Closed on
May 13, 2021
Sold by
Sjs Rt
Bought by
Kdk Properties Llc
Seller's Agent
Jen Conley
Coldwell Banker Realty - Westwood
Buyer's Agent
Jen Conley
Coldwell Banker Realty - Westwood
List Price
$949,000
Sold Price
$1,000,000
Premium/Discount to List
$51,000
5.37%
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
$317,279
Avg. Annual Appreciation
6.40%
Original Mortgage
$750,000
Outstanding Balance
$679,687
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$637,592
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kdk Properties Llc | $1,000,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kdk Properties Llc | $750,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/13/2021 05/13/21 | Sold | $1,000,000 | +5.4% | $233 / Sq Ft |
| 02/09/2021 02/09/21 | Pending | -- | -- | -- |
| 02/03/2021 02/03/21 | For Sale | $949,000 | -- | $221 / 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 | $0 | $1,046,900 | $211,600 | $835,300 |
| 2024 | -- | $1,010,900 | $211,600 | $799,300 |
| 2023 | $0 | $1,005,100 | $192,400 | $812,700 |
| 2022 | $0 | $692,900 | $174,900 | $518,000 |
| 2021 | $0 | $638,800 | $174,900 | $463,900 |
| 2020 | $0 | $614,600 | $174,900 | $439,700 |
| 2019 | $0 | $597,900 | $174,900 | $423,000 |
| 2018 | $0 | $531,000 | $174,900 | $356,100 |
| 2017 | $0 | $531,000 | $174,900 | $356,100 |
| 2016 | -- | $531,000 | $174,900 | $356,100 |
| 2015 | $3,725 | $510,500 | $168,900 | $341,600 |
| 2014 | $3,725 | $541,800 | $160,900 | $380,900 |
Source: Public Records
Agents Affiliated with this Home
-
Jen Conley
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72780131
APN: NORW-000001-000001-000009
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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