
49 Phillips Ave Norwood, MA 02062
Norwood Centre NeighborhoodHighlights
- Deck
- Property is near public transit
- Balcony
- Norwood High School Rated A-
- Wood Flooring
- Porch
About This Home
As of December 2024Rare opportunity! Don’t miss this exceptional investment in a 3-family property located within walking distance to the commuter rail and town center. This well-maintained property features 3 levels with a total of 15 rooms. The 1st and 2nd-floor units each have 2 bedrooms, a living room, kitchen, and dining room (optional 3rd bedroom or office).The versatile 3rd-floor unit includes 5 rooms and a furnace that’s only 2 years old. Other updates include replacement windows throughout, hot water tanks (3 years), roof and 1st and 2nd flr gas furnaces— completed within the last 10 years. Each unit has separate utilities, and there’s extra storage with 3 laundry hook-ups in the walk-out basement. Enjoy private back decks and a spacious backyard for added value and potential. The property also includes a 2-car detached garage and ample off-street parking. Whether you're an experienced investor or just starting, this property offers significant rental income potential in a desirable area.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,812
Year Built
- Built in 1913
Lot Details
- 0.29 Acre Lot
- Level Lot
Parking
- 2 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,599 Sq Ft Home
- Living Room
- Dining Room
- Unfinished Basement
Kitchen
- Range
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
- Bathtub with Shower
Outdoor Features
- Balcony
- Deck
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Listing and Financial Details
- Total Actual Rent $1,000
- Assessor Parcel Number 156141
Community Details
Overview
- 3 Units
- Property has 1 Level
Recreation
- Park
Building Details
- Net Operating Income $12,000
Ownership History
Purchase Details
Similar Homes in Norwood, MA
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | -- | |
Quit Claim Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $765,000 | Purchase Money Mortgage | |
Closed | $765,000 | Purchase Money Mortgage |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
12/03/2024 12/03/24 | Sold | $1,020,000 | +7.5% | $283 / Sq Ft |
10/08/2024 10/08/24 | Pending | -- | -- | -- |
10/03/2024 10/03/24 | For Sale | $949,000 | -- | $264 / Sq Ft |
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 | $85 | $804,600 | $277,900 | $526,700 |
2024 | $7,813 | $746,200 | $277,900 | $468,300 |
2023 | $7,093 | $687,300 | $241,700 | $445,600 |
2022 | $7,152 | $665,300 | $219,700 | $445,600 |
2021 | $7,178 | $633,000 | $211,800 | $421,200 |
2020 | $6,512 | $584,000 | $211,800 | $372,200 |
2019 | $5,893 | $541,100 | $201,700 | $339,400 |
2018 | $5,635 | $508,100 | $192,100 | $316,000 |
2017 | $5,458 | $489,500 | $192,100 | $297,400 |
2016 | $5,131 | $461,400 | $192,100 | $269,300 |
2015 | $4,333 | $377,800 | $183,300 | $194,500 |
2014 | $4,286 | $370,100 | $166,300 | $203,800 |
Agents Affiliated with this Home
-
Seller's Agent in 2024
Jen Conley
Coldwell Banker Realty - Westwood
(508) 265-3824
4 in this area
56 Total Sales
-
Buyer's Agent in 2024
Karen Peters
Gibson Sotheby's International Realty
(781) 749-8833
1 in this area
36 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73298331

APN: NORW-000003-000010-000022
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