NOT LISTED FOR SALE

Estimated Value: $509,951 - $742,000

5 Beds
2 Baths
2,411 Sq Ft
$260/Sq Ft Est. Value

Last Sold December 23, 2022

Last sale price $460,000 $191 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,770/month

38 Days on Market

Highlights

  • Property is near public transit and schools
  • Covered Patio or Porch
  • Tankless Water Heater
  • Pine Flooring
  • Laundry Room
  • Shops

About This Home

As of December 2022

Two family updated in 2012. Updates include roof, hot water heaters (2021), Forced Hot Air (FHA/gas) in both units. Exterior needs some TLC. Spacious units, pine wood floors, eat-in kitchens, washer in 1st floor unit, washer/dryer in 2nd floor unit (tenant-owned). Close to train station and easy access to highways. Both tenants are TAW (month to month). First floor may be vacant prior to closing. Exterior work is in process to comply with FHA financing.

Last Agent to Sell the Property

Pam Lebowitz

RE/MAX Partners Listed on: 09/29/2022

RE/MAX Partners

Last Buyer's Agent

Michelle Fermin

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,203

Year Built

  • Built in 1880

Lot Details

  • 3,720 Sq Ft Lot
  • Level Lot

Parking

  • Open Parking

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,411 Sq Ft Home
  • Property has 1 Level

Flooring

  • Pine Flooring
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Bulkhead
  • Covered Patio or Porch

Location

  • Property is near public transit and schools

Utilities

  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • 2 Units
  • Shops
  • Net Operating Income $29,400

Listing and Financial Details

  • Total Actual Rent $2,450
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:0610 B:00490 L:14A,1932947

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,203

Year Built

Built in 1880

Lot Details

3,720 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1880
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Tile,Vinyl,Carpet,Varies Per Unit,Pine, Unit 2(Wood Flooring)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range), Unit 2(Range), Gas Water Heater,Tankless Water Heater, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room
  • Basement: Full, Interior Entry, Bulkhead
  • Living Area: 2411
  • Stories Total: 3
  • MAIN LO: G62134
  • MAIN SO: AN4339

Exterior Features

  • Exterior Features: Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Covered
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Dryer, Washer Hookup, Varies per Unit
  • Heating: Unit 1(Central Heat,Forced Air,Gas,Individual), Unit 2(Forced Air,Gas,Unit Control)
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Highway Access, House of Worship, Public School, T-Station, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water)

Lot Info

  • Parcel Number: M:0610 B:00490 L:14A,1932947
  • Zoning: RU
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.09
  • Lot Size Sq Ft: 3720
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4203

Multi Family

  • Net Operating Income: 29400
  • Number Of Units Total: 2
  • Total Actual Rent: 2450
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2011
Closed on
Jan 13, 2012
Sold by
Bank Of America Na
Bought by
Bannister Dwight
Seller's Agent
Matt McLennan
Century 21 McLennan & Company
Buyer's Agent
Matthew Gillespie
Lexington / Winchester Regional Office
List Price
$87,000
Sold Price
$65,000
Premium/Discount to List
-$22,000
-25.29%
Current Estimated Value
$625,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$560,738
Avg. Annual Appreciation
17.26%
Original Mortgage
$98,400
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 11, 2011
Sold by
Vizard Stefanie and Bank Of America Na
Bought by
Bank Of America Na

Purchase Details

Closed on
Jul 2, 2003
Sold by
Mazzotta Laura M and Gangloff Mildred
Bought by
Vizard Stefanie A

Purchase Details

Closed on
Apr 23, 2003
Sold by
Mazzotta Laura M
Bought by
Gangloff Mildred
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bannister Dwight $65,000 --
Bank Of America Na $73,800 --
Vizard Stefanie A $212,000 --
Gangloff Mildred $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gangloff Mildred $140,000
Closed Gangloff Mildred $98,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/23/2022 12/23/22 Sold $460,000 -3.2% $191 / Sq Ft
11/07/2022 11/07/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $475,000 +630.8% $197 / Sq Ft
01/12/2012 01/12/12 Sold $65,000 -25.3% $28 / Sq Ft View Prior Sale
12/13/2011 12/13/11 Pending -- -- --
09/16/2011 09/16/11 For Sale $87,000 -- $37 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $5,107 $476,800 $133,300 $343,500
2024 $4,721 $443,700 $124,400 $319,300
2023 $4,361 $391,100 $124,400 $266,700
2022 $4,203 $330,400 $114,000 $216,400
2021 $3,918 $291,500 $97,700 $193,800
2020 $3,762 $276,600 $93,300 $183,300
2019 $3,483 $249,700 $81,400 $168,300
2018 $3,330 $233,500 $77,000 $156,500
2017 $2,865 $191,100 $71,100 $120,000
2016 $2,799 $182,200 $62,200 $120,000
2015 $2,622 $170,800 $62,200 $108,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73041389

MLS Property Information Network (MLS PIN)

APN: HAVE-000610-000490-000014A

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