NOT LISTED FOR SALE

536 Newman Ave Seekonk, MA 02771

Estimated Value: $512,000 - $662,000

5 Beds
3 Baths
2,800 Sq Ft
$218/Sq Ft Est. Value

Last Sold February 09, 2022

Last sale price $425,000 $152 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $3,800/month

32 Days on Market

About This Home

As of February 2022

Awesome investment opportunity! This property consists of a 2 family with a detached cottage with potential of a third unit. All units are full of character. The first unit has spacious bedrooms, a large deck with sliding doors off the side of the home, a 3 season room and a jacuzzi tub in bathroom. The second unit has gleaming refinished hardwood floors, a bonus room on upper level perfect for storage or office space, and an additional 3 season room. The cottage has a fenced in yard area as well as the entire property offering a large yard for all tenants to enjoy, ample parking spaces, a 3 car garage; which may need work but perfect for storage. This property is in a desirable neighborhood just minutes away to all amenities, schools, recreation and major highways. This will not last. Schedule a showing today! [Must be cash, 203k or conventional loan]

Last Agent to Sell the Property

Kyle Seyboth

Listed on: 10/13/2021

Last Buyer's Agent

Joyce Teixeira

Dream Living Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,201

Year Built

  • 1800

Lot Details

  • 1

Parking

  • 3

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,201

Year Built

1800

Lot Details

0

Parking

3

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: Please use GPS
  • Garage Yn: Yes
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1800

Interior Features

  • Total Bathrooms: 3
  • MAIN LO: AN6126
  • LIST PRICE PER Sq Ft: 160.71
  • PRICE PER Sq Ft: 151.79
  • MAIN SO: AN5185
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Fireplaces: 4
  • Flooring: Wood,Tile,Laminate,Hardwood
  • Stories: 3

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Waterfront: No

Garage/Parking

  • Parking Features: Shared Driveway
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 5

Utilities

  • Sewer: Other
  • Water Source: Public

Lot Info

  • LOT SIZE: 43560
  • PAGE: 0001
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 43560
  • Zoning: res.

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2
  • Annual Gross Income: 17400
  • Property Net Operating Income: 17400
  • Number Of Units Total: 2
  • Total Actual Rent: 1450

Tax Info

  • Tax Annual Amount: 5267
  • Tax Book Number: 1
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Feb 8, 2022
Sold by
Woldron Lisa
Bought by
Tinley Richard D and Tinley Tina M
Seller's Agent
Kyle Seyboth
Buyer's Agent
Joyce Teixeira
Dream Living Realty, LLC
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
Current Estimated Value
$609,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,758
Avg. Annual Appreciation
7.96%
Original Mortgage
$374,000
Outstanding Balance
$350,195
Interest Rate
3.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$205,040

Purchase Details

Closed on
Feb 27, 2021
Sold by
Murphy Lisa
Bought by
Waldron Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,977
Interest Rate
3.1%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 13, 2006
Sold by
Murphy Kyle D and Murphy Lisa
Bought by
Murphy Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 15, 1999
Sold by
Tenglin Lisa C
Bought by
Murphy Kyle and Demelo Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,913
Interest Rate
6.7%
Mortgage Type
Purchase Money Mortgage
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
Tinley Richard D $425,000 None Available
Waldron Lisa -- None Available
Waldron Lisa -- None Available
Murphy Lisa -- --
Murphy Kyle $170,000 --
Murphy Lisa -- --
Murphy Kyle $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tinley Richard D $374,000
Closed Tinley Richard D $374,000
Previous Owner Waldron Lisa $259,977
Previous Owner Murphy Lisa $249,000
Previous Owner Murphy Kyle $169,913
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2022 02/09/22 Sold $425,000 -5.6% $152 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $450,000 -- $161 / 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 $5,201 $421,100 $126,900 $294,200
2024 $5,735 $464,400 $135,900 $328,500
2023 $6,320 $482,100 $147,100 $335,000
2022 $5,758 $431,600 $142,700 $288,900
2021 $5,267 $388,100 $120,800 $267,300
2020 $5,082 $385,900 $120,700 $265,200
2019 $4,954 $379,300 $120,700 $258,600
2018 $4,546 $340,500 $116,300 $224,200
2017 $4,461 $331,400 $116,300 $215,100
2016 $4,413 $329,100 $116,300 $212,800
2015 $4,252 $321,400 $116,300 $205,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72907840

MLS Property Information Network (MLS PIN)

APN: SEEK-000240-000000-000740