NOT LISTED FOR SALE

54 Savin Ave Norwood, MA 02062

South Norwood Neighborhood

Estimated Value: $941,000 - $1,112,234

5 Beds
3 Baths
2,520 Sq Ft
$412/Sq Ft Est. Value

Last Sold May 20, 2022

Last sale price $989,000 $392 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,652/month

5 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Level Lot
  • Norwood High School Rated A-
  • Cooling Available
  • Heating Available

About This Home

As of May 2022

Extensively renovated 3-family home in mint condition and ready for immediate move-in. This fantastic investment opportunity features two 2-bedroom apartments, which should each rent out quickly at $2100, and one 1-bedroom apartment easily rentable for $1600. Renovations include all brand-new and separately metered electrical, plumbing, and HVAC systems. Freshly painted inside and out, these lovely apartments have great layouts, plenty of natural light, and refinished hardwood floors throughout. All units have beautiful brand-new kitchens with gorgeous cabinets, countertops and backsplash tile and are equipped with never before used stainless steel appliances. Stunning bathrooms with gorgeous fixtures and tilework. Central heating plus air-conditioning and laundry in each unit. Additional improvements include a newly paved driveway large enough to accommodate 6 cars, an impressive iron spiral staircase, and much more. Terrific location on quiet street near Norwood center.

Last Agent to Sell the Property

Alexander Fishman

Panorama Realty, Inc. Listed on: 03/23/2022

Last Buyer's Agent

Skambas Realty Group

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $84

Year Built

  • Built in 1903 | Remodeled

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,520 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Washer

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • Porch

Utilities

  • Cooling Available
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $5,800
  • Assessor Parcel Number 156014

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $69,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$84

Year Built

Built in 1903 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled, Unit 3 Remodeled
  • Year Built: 1903
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 0%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Amenities: Other, Other (See Remarks), Unit 1(Stone/Granite/Solid Counters,Upgraded Cabinets,Upgraded Countertops,Programmable Thermostat), Unit 2(Stone/Granite/Solid Counters,Upgraded Cabinets,Upgraded Countertops,Programmable Thermostat), Unit 3(Upgraded Cabinets,Upgraded Countertops), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Other, Unit 1(Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer,Washer,Dryer), Unit 2(Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer,Washer,Dryer), Unit 3(Range,Dishwasher,Disposal,Refrigerator,Freezer,Washer / Dryer Combo), Gas Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 2520
  • Stories Total: 6
  • MAIN LO: AN0635
  • LIST PRICE PER Sq Ft: 388.49
  • PRICE PER Sq Ft: 392.46
  • MAIN SO: AN2383

Exterior Features

  • Exterior Features: Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Other, Unit 1(Central Air), Unit 2(Central Air), Unit 3(Central Air,Ductless Mini-Split System)
  • Heating: Other, Unit 1(Central Heat,Forced Air,Gas), Unit 2(Central Heat,Forced Air,Gas), Unit 3(Central Heat,Electric,Ductless Mini-Split System)
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Lot Info

  • Parcel Number: 156014
  • Zoning: GR
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7405.2
  • Lot Size Units: Acres
  • LOT SIZE: 7405
  • PAGE: 1

Tax Info

  • Tax Year: 2022
  • Tax Book Number: 1

Multi Family

  • Gross Income: 69600
  • Net Operating Income: 69600
  • Number Of Units Total: 3
  • Total Actual Rent: 5800
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2021
Closed on
Mar 30, 2021
Sold by
Hering Susan C
Bought by
Jm Const & Design Llc
Seller's Agent
Mike Mahoney
RTN Realty Advisors LLC.
Buyer's Agent
Marina Fishman
Panorama Realty, Inc.
List Price
$499,900
Sold Price
$500,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$1,038,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$538,059
Avg. Annual Appreciation
18.25%
Original Mortgage
$500,000
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Jm Const & Design Llc $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarras Haralampos $692,300
Closed Jm Const & Design Llc $500,000
Previous Owner Hering Susan C $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2022 05/20/22 Sold $989,000 +1.0% $392 / Sq Ft
03/29/2022 03/29/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $979,000 +95.8% $388 / Sq Ft
03/30/2021 03/30/21 Sold $500,000 0.0% $249 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
02/17/2021 02/17/21 For Sale $499,900 -- $249 / 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 $84 $801,100 $267,500 $533,600
2024 $7,700 $735,400 $267,500 $467,900
2023 $4,945 $479,200 $232,600 $246,600
2022 $4,925 $458,100 $211,500 $246,600
2021 $4,957 $437,100 $203,700 $233,400
2020 $4,573 $410,100 $203,700 $206,400
2019 $4,163 $382,300 $194,000 $188,300
2018 $3,994 $360,100 $184,700 $175,400
2017 $3,900 $349,800 $184,700 $165,100
2016 $3,719 $334,400 $184,700 $149,700
2015 $3,266 $284,700 $176,300 $108,400
2014 $3,167 $273,500 $159,900 $113,600
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Alexander Fishman

    Panorama Realty, Inc.

    Section Image

  • S

    Buyer's Agent in 2022

    Skambas Realty Group

    Compass

    (978) 551-0767

    1 in this area

    185 Total Sales

    Skambas Realty Group
    Section Image

  • M

    Seller's Agent in 2021

    Mike Mahoney

    RTN Realty Advisors LLC.

    Section Image

  • M

    Buyer's Agent in 2021

    Marina Fishman

    Panorama Realty, Inc.

    1 in this area

    10 Total Sales

    Marina Fishman
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72956568

MLS Property Information Network (MLS PIN)

APN: NORW-000003-000005-000011

Massachusetts Norfolk County Norwood 02062 South Norwood

54 Savin Ave, Norwood, MA

This home is located at 54 Savin Ave, Norwood, MA 02062 since 23 March 2022 and is currently estimated at $1,038,059, approximately $411 per square foot. This property was built in 1903. 54 Savin Ave is a home located in Norfolk County with nearby schools including Norwood High School, Norwood Montessori School, and St Catherine Of Siena School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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