NOT LISTED FOR SALE

489 Washington St Woburn, MA 01801

Mishawum Neighborhood

Estimated Value: $794,190 - $895,000

6 Beds
2 Baths
2,000 Sq Ft
$423/Sq Ft Est. Value

Last Sold August 02, 2023

Last sale price $775,000 $388 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $5,095/month

5 Days on Market

Highlights

  • Property is near public transit
  • Corner Lot
  • Park
  • Joshua Eaton Elementary School Rated A-
  • Enclosed Patio or Porch
  • Shops

About This Home

As of August 2023

Great opportunity to own a 2 family home in a convenient location in Woburn close to the new mall that offers shopping and plenty of restaurants, close to highways and commuter rail. Sitting on a corner lot offering easy access to driveway and plenty of parking. 1st floor unit has a kitchen, 3 bedrooms, living room and also features an enclosed porch for your summer enjoyment. 2nd floor offers 3 bedrooms, kitchen and a living room. Newer roof. Shared laundry on the first floor in common area.Updates include roof 2016, new hot water tank for 1 unit, newer paint throughout inside and out. Separate utilities. Both units in good condition no interior photos to respect tenants privacy. 2nd floor tenant at will - 1st floor lease up August 31st. Open House Saturday from 2 to 4.

Last Agent to Sell the Property

Paula Fico

FICO Realty Group Listed on: 06/07/2023

Last Buyer's Agent

Domenica Giordano

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,389

Year Built

  • Built in 1882

Lot Details

  • 0.36 Acre Lot
  • Corner Lot

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,000 Sq Ft Home
  • Property has 1 Level
  • Basement Fills Entire Space Under The House
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Enclosed Patio or Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 2 Heating Zones
  • Baseboard Heating
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,750
  • Assessor Parcel Number 905183

Community Details

Recreation

  • Park

Additional Features

  • 2 Units
  • Shops
  • Net Operating Income $45,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,389

Year Built

Built in 1882

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1882
  • Buyer Agency: 2.0
  • Transaction Broker: 1.0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Unit 1(Range,Dishwasher,Refrigerator), Gas Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full
  • Living Area: 2000
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN1233
  • LIST PRICE PER Sq Ft: 364.5
  • PRICE PER Sq Ft: 387.5
  • MAIN SO: AN4339

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard, Unit 2(Hot Water Baseboard,Gas)
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Highway Access, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 905183
  • Zoning: R-1
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.36
  • Lot Size Area: 0.36
  • Lot Size Sq Ft: 15605
  • Lot Size Units: Acres
  • PAGE: 227
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4389
  • Tax Book Number: 67716

Multi Family

  • Gross Income: 45000
  • Net Operating Income: 45000
  • Number Of Units Total: 2
  • Total Actual Rent: 3750
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2016
Sold by
489 Washington Street and Heinstrom
Bought by
Heritage Builders Inc
Current Estimated Value
$846,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,037,500
Interest Rate
3.54%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 3, 2000
Sold by
Medeiros Joseph R
Bought by
489 Washington St T and Heinstrom

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8.1%
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
Heritage Builders Inc $800,000 --
Heritage Builders Inc $800,000 --
489 Washington St T $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banker Aaron $620,000
Closed Banker Aaron $620,000
Closed Heritage Builders Inc $1,037,500
Previous Owner Heinstrom Wayne C $292,000
Previous Owner 489 Washington St T $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2023 08/02/23 Sold $775,000 +6.3% $388 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
06/11/2023 06/11/23 For Sale $729,000 0.0% $365 / Sq Ft
06/11/2023 06/11/23 Off Market $729,000 -- --
06/07/2023 06/07/23 For Sale $729,000 -- $365 / 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 $5,816 $681,000 $310,200 $370,800
2024 $4,365 $541,600 $295,500 $246,100
2023 $4,389 $504,500 $268,700 $235,800
2022 $4,146 $443,900 $233,900 $210,000
2021 $4,039 $432,900 $222,900 $210,000
2020 $3,735 $400,800 $222,900 $177,900
2019 $6,680 $367,100 $212,400 $154,700
2018 $3,396 $343,400 $195,100 $148,300
2017 $6,691 $315,000 $189,900 $125,100
2016 $2,942 $292,700 $177,900 $114,800
2015 $2,862 $281,400 $166,600 $114,800
2014 $2,847 $272,700 $166,600 $106,100
Source: Public Records

Agents Affiliated with this Home

  • Paula Fico

    Seller's Agent in 2023

    Paula Fico

    FICO Realty Group

    (617) 851-3241

    2 in this area

    39 Total Sales

    Paula Fico
    Section Image
  • Domenica Giordano

    Buyer's Agent in 2023

    Domenica Giordano

    Century 21 North East

    (781) 608-3004

    1 in this area

    130 Total Sales

    Domenica Giordano
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73121441

MLS Property Information Network (MLS PIN)

APN: WOBU-000021-000010-000001

Massachusetts Middlesex County Woburn 01801 Mishawum

489 Washington St, Woburn, MA

This home is located at 489 Washington St, Woburn, MA 01801 since 07 June 2023 and is currently estimated at $846,048, approximately $423 per square foot. This property was built in 1882. 489 Washington St is a home located in Middlesex County with nearby schools including Joshua Eaton Elementary School, Walter S. Parker Middle School, and Reading Memorial High School.

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.

MLS Property Information Network (MLS PIN) 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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