NOT LISTED FOR SALE

522 Hingham St Unit 524 Rockland, MA 02370

Estimated Value: $579,132 - $877,000

4 Beds
4 Baths
1,872 Sq Ft
$370/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $636,000 $340 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,285/month

5 Days on Market

About This Home

As of February 2022

Here is your opportunity to own a fantastic side by side with solid rental history minutes from Route 3, shops, restaurants, and downtown Rockland! Each unit boasts two bedrooms, one full bathroom. All bedrooms and the living room feature wall to wall carpeting. Each kitchen offers an open floor plan with plenty of space for dining. The backyard is fenced off with a division for each unit to have their own space. Separate driveways, and two separate entrances make renting easy. Current rents are under market. Don't miss out and attend the open house.

Last Agent to Sell the Property

Korey Welch

Boom Realty Listed on: 11/11/2021

Last Buyer's Agent

Vanessa Nixon

Nixon Homes LTD

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,361

Year Built

  • 1969

Lot Details

  • 0.38

Interior Spaces

  • Property has 2 Levels

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,361

Year Built

1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Side by Side
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Use GPS.
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1969

Interior Features

  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Electric Water Heater
  • Has Basement: Full
  • Total Bathrooms: 4
  • MAIN LO: AC1416
  • LIST PRICE PER Sq Ft: 319.98
  • PRICE PER Sq Ft: 339.74
  • MAIN SO: AN4864
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace: No
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Stories: 4

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Disclosures: Lead Paint Attached To Listing. Each Unit Will Also Be Listed For Sale As Individual Condos For $299k. Offers If Any Due Tuesday 11/16 By 5pm.
  • Lot Features: Level
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 8

Utilities

  • Cooling: Unit 1(None)
  • Heating: Unit 1(Electric Baseboard), Unit 2(Electric Baseboard)
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Unit 1(Water), Unit 2(Water)

Lot Info

  • LOT SIZE: 16727
  • PAGE: 172
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 16552.8
  • Zoning: RESIDE

Multi Family

  • LEVELS 1: 2
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1
  • Annual Gross Income: 32400
  • Property Net Operating Income: 32400
  • Number Of Units Total: 2
  • Total Actual Rent: 2700

Tax Info

  • Tax Annual Amount: 6051
  • Tax Book Number: 12266
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Feb 3, 2022
Sold by
Muha Christopher J and Muha Deann M
Bought by
Silva-Fernandes Erik
Seller's Agent
Korey Welch
Boom Realty
Buyer's Agent
Vanessa Nixon
Nixon Homes LTD
List Price
$599,000
Sold Price
$636,000
Premium/Discount to List
$37,000
6.18%
Current Estimated Value
$692,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,033
Avg. Annual Appreciation
2.31%
Original Mortgage
$616,340
Outstanding Balance
$571,622
Interest Rate
3.45%
Mortgage Type
FHA
Estimated Equity
$120,411
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Silva-Fernandes Erik $644,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Silva-Fernandes Erik $616,340
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2022 02/04/22 Sold $636,000 +6.2% $340 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $599,000 -- $320 / 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 $7,361 $538,500 $219,000 $319,500
2024 $7,203 $512,300 $206,600 $305,700
2023 $6,782 $445,600 $179,500 $266,100
2022 $6,439 $384,400 $156,100 $228,300
2021 $6,051 $350,200 $141,900 $208,300
2020 $5,889 $336,500 $135,200 $201,300
2019 $5,528 $308,500 $128,700 $179,800
2018 $5,264 $288,900 $128,700 $160,200
2017 $5,075 $274,600 $128,700 $145,900
2016 $4,887 $264,300 $123,800 $140,500
2015 $4,668 $245,300 $115,700 $129,600
2014 $4,413 $240,600 $113,500 $127,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72918857

MLS Property Information Network (MLS PIN)

APN: ROCK-000020-000000-000023