NOT LISTED FOR SALE

Estimated Value: $912,000 - $1,016,000

7 Beds
2 Baths
2,528 Sq Ft
$378/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $663,000 $262 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $6,017/month

10 Days on Market

Highlights

  • Fenced Yard
  • Patio
  • Wall to Wall Carpet
  • Porch
  • Storage Shed

About This Home

As of November 2019

Looking for a solid Two-Family in Saugus? WELCOME TO 5 JACKSON STREET! This rare 7 bedroom home has been owned, occupied, and lovingly maintained by 1 family for the last 50 YEARS. Over 2,500 square feet of living area, 3 levels, and a substantial amount of parking. Unit #1 offers 3 bedrooms, 1 bathroom, living room and a great eat-in kitchen with tons of cabinets and counter space. Unit #2 is comprised of 2 levels and boasts 4 bedrooms, 1 bathroom, open living and dining room, eat in kitchen, and bonus space. Both kitchens come fully applianced with gas ranges. Vinyl siding, fencing, and railings with composite front stairs and porch. Big ticket items upgraded and maintained consistently. Superior location in the heart of Cliftondale. Bus stop at the end of the street, Route 1 just minutes away, shopping and restaurants nearby, and a 10-15 minute drive into Boston. Perfect home for a large family, owner looking to occupy while receiving immense help w the mortgage, or an investor.

Last Agent to Sell the Property

Ryan Mirisola

Lamacchia Realty, Inc. Listed on: 09/17/2019

Lamacchia Realty, Inc.

Last Buyer's Agent

Nisha Shah

Berkshire Hathaway HomeServices Commonwealth Real Estate

Berkshire Hathaway HomeServices Commonwealth Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,351

Year Built

  • Built in 1895

Lot Details

  • 4,792

Flooring

  • Wall to Wall Carpet
  • Vinyl

Outdoor Features

  • Patio
  • Storage Shed
  • Porch

Additional Features

  • Fenced Yard
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,351

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 257.08
  • Comp Based On: Net Sale Price
  • Year Built: 1895
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1895

Interior Features

  • Flooring: Vinyl, Wall to Wall Carpet
  • Total Flrs: 3
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 12
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN2314
  • Main So: AN4870
  • Estimated Sq Ft: 2528.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Patio, Storage Shed, Fenced Yard
  • Foundation: Poured Concrete, Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 8

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Dryer

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, House of Worship
  • Hea Common: Forced Air, Oil

Lot Info

  • Assessments: 440300.00
  • Acre: 0.11
  • Lot Size: 4704.00
  • Page: 404
  • Lot Description: Paved Drive

Multi Family

  • Total Levels: 3
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 5362.85
  • Assessor Parcel Number: 2152558

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2019
Closed on
Oct 30, 2019
Sold by
Pennellatore Carla J and Pennellatore Joseph
Bought by
Singh Jasvir and Singh Manjit
Seller's Agent
Ryan Mirisola
Lamacchia Realty, Inc.
Buyer's Agent
Nisha Shah
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$649,900
Sold Price
$663,000
Premium/Discount to List
$13,100
2.02%
Current Estimated Value
$956,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,676
Avg. Annual Appreciation
5.96%
Original Mortgage
$497,250
Outstanding Balance
$442,151
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$483,831

Purchase Details

Closed on
Jan 23, 2019
Sold by
Fosmire Dora J Est and Fosmire
Bought by
Pennellatore Carla J and Pennellatore Joseph

Purchase Details

Closed on
Sep 11, 2013
Sold by
Fosmire Robert J and Fosmire Dora J
Bought by
Fosmire Dora J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.51%
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
Singh Jasvir $663,000 --
Pennellatore Carla J -- --
Pennellatore Carla J -- --
Fosmire Dora J -- --
Fosmire Dora J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Jasvir $497,250
Previous Owner Fosmire Robert J $230,000
Previous Owner Fosmire Robert J $113,000
Previous Owner Fosmire Robert J $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2019 11/08/19 Sold $663,000 +2.0% $262 / Sq Ft
09/27/2019 09/27/19 Pending -- -- --
09/17/2019 09/17/19 For Sale $649,900 -- $257 / 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 $9,351 $875,600 $296,500 $579,100
2024 $8,911 $836,700 $279,500 $557,200
2023 $8,516 $756,300 $245,600 $510,700
2022 $7,995 $665,700 $225,300 $440,400
2021 $7,613 $616,900 $195,700 $421,200
2020 $5,906 $495,500 $186,300 $309,200
2019 $5,363 $440,300 $169,400 $270,900
2018 $4,640 $400,700 $164,300 $236,400
2017 $4,412 $366,100 $153,300 $212,800
2016 $3,638 $298,200 $152,500 $145,700
2015 $3,414 $284,000 $145,200 $138,800
2014 $3,460 $298,000 $145,200 $152,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72565922

MLS Property Information Network (MLS PIN)

APN: SAUG-000005F-000005-000006