$980,000
SOLD AUG 26, 2024

506 East St East Weymouth, MA 02189

5 Beds
2 Baths
3,107 Sq Ft
0.79 Acres

Recently Sold

$315 Per Sq Ft

6% Above List Price

6 Days on Market

Highlights

  • Marina
  • Barn or Stable
  • 0.79 Acre Lot
  • Golf Course Community
  • Medical Services
  • Open Floorplan

About This Home

As of August 2024

Nearly new construction! Gutted to the studs and fully renovated in 2023, this beautifully finished 2-family home needs nothing! The 3-bedroom ground floor unit welcomes you with a flexible foyer leading into the massive wide open kitchen and dining area. Through the adjacent living room you will find a large bedroom and the separate bathroom, and oversized laundry and storage rooms. Two additional bedrooms off of the kitchen area complete the first level. Upstairs you’ll find a similar layout with one less bedroom. New hardwood floors and recessed lighting throughout. Gleaming quartz countertops, shaker cabinets and stainless appliances. Perfect for those looking for the elusive in-law apartment for loved ones. Or move into one unit and rent out the other! The home also features a large detached barn with endless potential. Conveniently located near Jackson Square, commuter line, schools, parks, shopping, dining. Don’t miss this one!

Last Agent to Sell the Property

Mike Rivers

Compass Listed on: 06/18/2024

Compass

Co-Listed By

Nick Rivers

Compass

Last Buyer's Agent

Skambas Realty Group

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,569

Year Built

  • Built in 1868

Lot Details

  • 0.79 Acre Lot
  • Near Conservation Area
  • Gentle Sloping Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,107 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Living Room
  • Home Office
  • Storage
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • <<tubWithShowerToken>>

Laundry

  • Dryer
  • Washer

Parking

  • 10 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Lawrence Pingre Elementary School
  • Abigail Adams Middle School
  • Weymouth High School

Utilities

  • Forced Air Heating and Cooling System
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Separate Meters
  • 200+ Amp Service
  • High Speed Internet

Additional Features

  • Energy-Efficient Thermostat
  • Barn or Stable

Listing and Financial Details

  • Total Actual Rent $6,000
  • Rent includes unit 1(water other (see remarks)), unit 2(water other (see remarks))
  • Assessor Parcel Number 274017

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops

Recreation

  • Marina
  • Golf Course Community
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Electric Expense $685
  • Insurance Expense $3,468
  • Water Sewer Expense $1,337
  • Operating Expense $5,490
  • Net Operating Income $57,865

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,569

Year Built

Built in 1868

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1868
  • Buyer Agency: 2.5
  • Transaction Broker: 0
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Hardwood, Stone/Ceramic Tile
  • Interior Amenities: Storage, Stone/Granite/Solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Open Floorplan, Remodeled, Walk-Up Attic, Walk-In Closet(s), Living Room, Kitchen, Laundry Room, Office/Den
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Basement: Full, Unfinished
  • Living Area: 3107
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 297.71
  • PRICE PER Sq Ft: 315.42
  • MAIN SO: AN2383

Exterior Features

  • Exterior Features: Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Other Structures: Barn/Stable
  • Patio And Porch Features: Porch, Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Bay, River, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Cooling: Central Air, Individual
  • Heating: Forced Air, Natural Gas, Individual
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 2
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, Marina, Private School, Public School, T-Station
  • Rent Includes: Unit 1(Water,Other (See Remarks)), Unit 2(Water,Other (See Remarks))
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1337

Lot Info

  • Parcel Number: 274017
  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.79
  • Lot Size Area: 0.79
  • Lot Size Sq Ft: 34412
  • Lot Size Units: Acres
  • PAGE: 588
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8569
  • Tax Book Number: 10987

Multi Family

  • Electric Expense: 685
  • Gross Income: 72000
  • Insurance Expense: 3468
  • Net Operating Income: 57865
  • Number Of Units Total: 2
  • Operating Expense: 5490
  • Total Actual Rent: 6000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 2
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Weymouth High
  • Elementary School: Lawrence Pingre
  • Middle Or Junior School: Abigail Adams

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $630,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2024 08/26/24 Sold $980,000 +5.9% $315 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
06/18/2024 06/18/24 For Sale $925,000 -- $298 / 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 $9,321 $922,900 $218,900 $704,000
2024 $8,569 $834,400 $208,500 $625,900
2023 $6,959 $665,900 $193,100 $472,800
2022 $6,743 $588,400 $178,800 $409,600
2021 $6,799 $579,100 $178,800 $400,300
2020 $6,598 $553,500 $178,800 $374,700
2019 $6,329 $522,200 $162,900 $359,300
2018 $5,806 $464,500 $155,200 $309,300
2017 $5,524 $431,200 $147,800 $283,400
2016 $5,179 $404,600 $142,200 $262,400
2015 $4,932 $382,300 $142,200 $240,100
2014 $4,860 $365,400 $132,300 $233,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73253932

MLS Property Information Network (MLS PIN)

APN: WEYM-000019-000172-000001