NOT LISTED FOR SALE

510 Union St South Weymouth, MA 02190

Estimated Value: $619,000 - $719,000

4 Beds
2 Baths
1,624 Sq Ft
$408/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $600,000 $369 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,030/month

6 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Shops
  • Property is near public transit
  • Jogging Path
  • Garden

About This Home

As of June 2023

Offers if any due by 7pm on 5-1-2023. A spacious multi-family home in a desirable neighborhood of South Weymouth. A great investment opportunity for those seeking rental income or for extended families. The property offers a large backyard and a private driveway with ample parking. The home is located in a peaceful residential neighborhood just minutes from shopping, dining, and entertainment options. It is conveniently situated near major highways and public transportation, making it easy to commute to Boston and other surrounding areas. Close to Columbian Square and South Shore Hospital. First floor unit will be delivered vacant making it ideal for owner occupant. The second floor tenancy is a TAW.

Last Agent to Sell the Property

Mike Mahoney

Real Broker MA, LLC Listed on: 04/25/2023

Real Broker MA, LLC

Last Buyer's Agent

The Ciavattieri Group

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,047

Year Built

  • Built in 1850

Lot Details

  • 8,700 Sq Ft Lot
  • Fenced
  • Garden

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,624 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Storm Doors
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

  • 4 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Deck
  • Outdoor Storage

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Weymouth Elementary School
  • Maria Chapman Middle School
  • Weymouth High School

Utilities

  • 2 Heating Zones
  • Heating Available
  • Separate Meters
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,300
  • Legal Lot and Block 2 / 605
  • Assessor Parcel Number M:55 B:605 L:002,285845

Community Details

Recreation

  • Jogging Path

Building Details

  • Insurance Expense $1,600
  • Water Sewer Expense $1,300
  • Operating Expense $2,900
  • Net Operating Income $36,700

Additional Features

  • 2 Units
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,047

Year Built

Built in 1850

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1850
  • Buyer Agency: 2.5
  • Transaction Broker: 2.0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Unit 1(undefined)
  • Interior Amenities: Unit 1(Ceiling Fans,Pantry,Bathroom With Tub), Unit 1 Rooms(Living Room,Kitchen,Sunroom)
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Microwave,Refrigerator), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Interior Entry, Bulkhead, Concrete, Unfinished
  • Living Area: 1624
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN4866
  • LIST PRICE PER Sq Ft: 356.53
  • PRICE PER Sq Ft: 369.46
  • MAIN SO: BB6013

Exterior Features

  • Exterior Features: Storage, Garden, Unit 1 Balcony/Deck
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Other
  • Utilities: for Gas Range, for Electric Range
  • Heating: Unit 1(Central Heat,Hot Water Baseboard,Gas)
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: WPW
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Public School, T-Station
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1300

Lot Info

  • Parcel Number: M:55 B:605 L:002,285845
  • Zoning: R-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Sq Ft: 8700
  • Lot Size Units: Acres
  • PAGE: 425
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5047
  • Tax Block: 605
  • Tax Book Number: 32550
  • Tax Lot: 2
  • Tax Map Number: 55

Multi Family

  • Gross Income: 39600
  • Insurance Expense: 1600
  • Net Operating Income: 36700
  • Number Of Units Total: 2
  • Operating Expense: 2900
  • Total Actual Rent: 3300
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Weymouth Hs
  • Elementary School: Weymouth
  • Middle Or Junior School: Maria Chapman

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 9, 2014
Sold by
Ristuccia Richard P
Bought by
Ristuccia Sandra J
Current Estimated Value
$663,230
Source: Public Records

Range of Values:

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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
Ristuccia Sandra J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonet Angel $121,268
Closed Bonet Angel $16,918
Open Bonet Angel $589,132
Closed Kennedy Rental Props I $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $600,000 +3.6% $369 / Sq Ft
05/02/2023 05/02/23 Pending -- -- --
04/25/2023 04/25/23 For Sale $579,000 +96.3% $357 / Sq Ft
09/15/2014 09/15/14 Sold $295,000 -10.6% $182 / Sq Ft
08/16/2014 08/16/14 Pending -- -- --
07/23/2014 07/23/14 For Sale $329,900 -- $203 / 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 $5,329 $527,600 $202,200 $325,400
2024 $5,162 $502,600 $192,600 $310,000
2023 $5,181 $495,800 $196,200 $299,600
2022 $5,047 $440,400 $181,700 $258,700
2021 $4,486 $382,100 $181,700 $200,400
2020 $4,286 $359,600 $181,700 $177,900
2019 $4,183 $345,100 $174,700 $170,400
2018 $3,808 $304,600 $158,800 $145,800
2017 $3,643 $284,400 $151,300 $133,100
2016 $3,430 $268,000 $145,400 $122,600
2015 $3,317 $257,100 $145,400 $111,700
2014 $3,497 $262,900 $154,700 $108,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73102729

MLS Property Information Network (MLS PIN)

APN: WEYM-000055-000605-000002