NOT LISTED FOR SALE

Estimated Value: $1,325,000 - $1,645,138

5 Beds
3 Baths
3,079 Sq Ft
$485/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $1,289,000 $419 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $9,405/month

3 Days on Market

About This Home

As of November 2021

Perfectly located in the highly coveted Payson Park neighborhood, this spacious and meticulously maintained 2-family home offers great potential as either owner occupied or investment opportunities. The first floor unit 1 features a sunny living room with fireplace, dining room with gorgeous chandelier and built-in cabinet, a full bath and two spacious bedrooms. The expansive upper unit has 3 bedrooms and 2 full baths spread over 2 floors, with a bonus family room on the top level. Recent updates include 2016 third floor hardwood floor, 2017 whole house insulation, 2018 roof, and 2021 backyard patio. Mini-split ductless AC in unit 2, beautiful original woodworks, spacious front and back porches, huge driveway with a two-car garage, charming fenced backyard, excellent proximity to parks and shops, and the bus to Harvard square. Unit 1 is leased through 8/31st 2022 for $2500. Unit 2 used to be owner occupied and is currently vacant and deleaded.

Last Agent to Sell the Property

Wei Wenny Fu

Phoenix Real Estate Listed on: 10/06/2021

Last Buyer's Agent

Petrone-Hunter Realty Group

Coldwell Banker Realty - Wellesley

Coldwell Banker Realty - Wellesley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,149

Year Built

  • 1900

Lot Details

  • 6,098

Parking

  • 2

Additional Features

  • Property has 1 Level
  • 2 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,149

Year Built

1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Belmont St to School St
  • Garage Yn: Yes
  • Road Frontage Type: Public
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Unit 1(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Dryer
  • Has Basement: Full
  • Fireplace Features: Unit 1(Fireplace - Wood burning), Unit 2(Fireplace - Wood burning)
  • Total Bathrooms: 3
  • MAIN LO: AC1405
  • LIST PRICE PER Sq Ft: 415.39
  • PRICE PER Sq Ft: 418.64
  • MAIN SO: AN6181
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Tile,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans,Pantry,Storage), Unit 2(Ceiling Fans,Pantry,Lead Certification Available,Storage), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Stories: 3
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle
  • Exterior Features: Garden, Unit 1 Balcony/Deck
  • Foundation Details: Other
  • Construction Type: Frame
  • Disclosures: Unit 1 Leased Until 8/31/2022, Rented For $2500. Unit 2 Is Vacant. Steam And Electric Heating For The Third Floor. Separate Set Of Washer And Dryer For Each Unit In The Basement.
  • Fencing: Fenced
  • Patio And Porch Features: Porch, Deck
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Paved
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 8

Utilities

  • Cooling: Unit 2(Wall AC,Ductless Mini-Split System)
  • Heating: Unit 1(Steam,Gas), Unit 2(Steam,Gas,Electric)
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Dryer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Public School, T-Station, University

Schools

  • High School: Belmont High

Lot Info

  • LOT SIZE: 5911
  • PAGE: 336
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 6098.4
  • Zoning: R

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2
  • Annual Gross Income: 30000
  • Property Net Operating Income: 30000
  • Number Of Units Total: 2
  • Total Actual Rent: 2500

Tax Info

  • Tax Annual Amount: 10974.54
  • Tax Book Number: 67934
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2022
Sold by
Gooding Elizabeth A and Pekar Kevin J
Bought by
Pekar Alexandra M and Gooding Elizabeth A
Total Days on Market
3
Current Estimated Value
$1,494,535

Purchase Details

Listed on
Oct 6, 2021
Closed on
Nov 22, 2021
Sold by
Huang Ft
Bought by
Pekar Alexandra M and Gooding Elizabeth A
Seller's Agent
Wei Wenny Fu
Phoenix Real Estate
Buyer's Agent
Petrone-Hunter Realty Group
Coldwell Banker Realty - Wellesley
List Price
$1,279,000
Sold Price
$1,289,000
Premium/Discount to List
$10,000
0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.52%
Original Mortgage
$927,500
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2020
Sold by
Huang Junjye and Huang Waan J
Bought by
Huang Ft

Purchase Details

Listed on
Jul 20, 2016
Closed on
Aug 31, 2016
Sold by
533 School Street Llc
Bought by
Huang Junjye and Huang Waanjeng
Seller's Agent
Mohammad Nooronzi
Bayside Realty
Buyer's Agent
Mohammad Nooronzi
Bayside Realty
List Price
$849,000
Sold Price
$905,000
Premium/Discount to List
$56,000
6.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Original Mortgage
$520,000
Interest Rate
3.45%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 7, 2013
Sold by
Noorouzi Mohammad and Noorouzi Michelle
Bought by
533 School Street Llc

Purchase Details

Closed on
Sep 9, 1998
Sold by
Carlo Peter A and Carlo Cheryl A
Bought by
Noorouzi Mohammad and Noorouzi Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,650
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Pekar Alexandra M -- None Available
Pekar Alexandra M $1,289,000 None Available
Huang Ft -- None Available
Huang Junjye $905,000 --
533 School Street Llc -- --
Noorouzi Mohammad $325,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pekar Alexandra M $927,500
Previous Owner Huang Junjye $520,000
Previous Owner Noorouzi Mohammad $235,000
Previous Owner Noorouri Mohammad $109,500
Previous Owner Noorouri Mohammad $280,000
Previous Owner Noorouzi Mohammad $280,000
Previous Owner Noorouzi Mohammad $290,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2021 11/22/21 Sold $1,289,000 +0.8% $419 / Sq Ft
10/10/2021 10/10/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $1,279,000 +41.3% $415 / Sq Ft
08/31/2016 08/31/16 Sold $905,000 +0.7% $283 / Sq Ft
07/28/2016 07/28/16 Pending -- -- --
07/23/2016 07/23/16 Price Changed $899,000 +99900.0% $281 / Sq Ft
07/23/2016 07/23/16 Price Changed $899 -99.9% $0 / Sq Ft
07/20/2016 07/20/16 For Sale $849,000 -- $265 / 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 $15,149 $1,330,000 $703,000 $627,000
2024 $13,084 $1,239,000 $815,000 $424,000
2023 $13,443 $1,196,000 $769,000 $427,000
2022 $12,046 $1,042,000 $703,000 $339,000
2021 $10,975 $951,000 $696,000 $255,000
2020 $11,319 $1,029,000 $715,000 $314,000
2019 $9,990 $856,000 $525,000 $331,000
2018 $10,255 $844,000 $477,000 $367,000
2017 $9,809 $773,000 $438,000 $335,000
2016 $9,671 $770,000 $438,000 $332,000
2015 $8,101 $628,000 $344,000 $284,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72904926

MLS Property Information Network (MLS PIN)

APN: BELM-000003-000014