NOT LISTED FOR SALE

Estimated Value: $1,207,152 - $1,235,000

9 Beds
3 Baths
4,022 Sq Ft
$304/Sq Ft Est. Value

Last Sold August 22, 2024

Last sale price $1,150,000 $286 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,451/month

5 Days on Market

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • Open Floorplan
  • Property is near public transit
  • Corner Lot

About This Home

As of August 2024

OPEN HOUSES SAT 6/22 AND SUN 6/23, 11AM to 1PM. OFFERS DUE TUESDAY 6/25 BY 11am. Cash cow! Introducing this expansive multi-family house in Everett, featuring three individual units with a total of 9 bedrooms and 3 bathrooms! Each unit, located on its own floor, boasts hardwood floors, bay windows, and each with a full bathroom including a tub. There is also further potential with this property featuring a walk-up attic as a potential future expansion. The property also includes a driveway with tandem parking. Situated on a quiet side street, this home's excellent location situates it close to public transportation, supermarkets, area shopping, and great dining areas. Perfect turnkey rental investment as all units hold current leases, with Unit 1 until September 2024, Unit 2 until November 2024, and Unit 3 until October 2024.

Last Agent to Sell the Property

Rose Hall

Blue Ocean Realty, LLC Listed on: 06/19/2024

Last Buyer's Agent

Brian Flynn

Coldwell Banker Realty - Lexington

Coldwell Banker Realty - Lexington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,533

Year Built

  • Built in 1890

Lot Details

  • 2,679 Sq Ft Lot
  • Corner Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,022 Sq Ft Home
  • Open Floorplan
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Dishwasher
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms
  • Bathtub

Parking

  • 2 Car Parking Spaces
  • Tandem Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Parlin Elementary School
  • Devens Middle School
  • Everett High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Heating System Uses Oil

Listing and Financial Details

  • Total Actual Rent $6,975
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:B0 B:03 L:000155,478649

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $83,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,533

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1890
  • Buyer Agency Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood, Hardwood
  • Interior Amenities: Pantry, Stone/Granite/Solid Counters, Bathroom With Tub, Open Floorplan, Living Room, Dining Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Dishwasher
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 4022
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Box/Bay/Bow Window(s)
  • MAIN LO: AN2056
  • MAIN SO: AN2056

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Tandem
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Oil, Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:B0 B:03 L:000155,478649
  • Zoning: DD
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2679
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11533

Multi Family

  • Net Operating Income: 83700
  • Number Of Units Total: 3
  • Total Actual Rent: 6975
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

MLS Schools

  • High School: Everett Hs
  • Elementary School: Parlin
  • Middle Or Junior School: Devens

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
Nov 30, 2021
Sold by
Carpineto Joseph B and Carpineto Jane F
Bought by
Gu Jingjing and Wang Jue
Seller's Agent
francesca driscoll
Redfin Corp.
Buyer's Agent
Rose Hall
Blue Ocean Realty, LLC
List Price
$925,000
Sold Price
$1,000,000
Premium/Discount to List
$75,000
8.11%
Current Estimated Value
$1,222,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,788
Avg. Annual Appreciation
5.05%
Original Mortgage
$550,000
Outstanding Balance
$511,595
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$711,193

Purchase Details

Closed on
Sep 3, 1999
Sold by
Carpineto A Est and Carpineto
Bought by
Carpineto Joseph B and Carpineto Jane F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gu Jingjing $1,000,000 None Available
Carpineto Joseph B $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gu Jingjing $550,000
Previous Owner Carpineto Joseph B $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2024 08/22/24 Sold $1,150,000 +0.1% $286 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $1,149,000 +14.9% $286 / Sq Ft
11/30/2021 11/30/21 Sold $1,000,000 +8.1% $249 / Sq Ft View Prior Sale
10/05/2021 10/05/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $925,000 -- $230 / 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 $12,528 $1,099,900 $244,900 $855,000
2024 $11,533 $1,006,400 $217,700 $788,700
2023 $11,256 $955,500 $199,600 $755,900
2022 $9,195 $887,500 $190,500 $697,000
2021 $8,338 $844,800 $170,600 $674,200
2020 $8,466 $795,700 $170,600 $625,100
2019 $8,919 $720,400 $162,400 $558,000
2018 $8,377 $607,900 $141,500 $466,400
2017 $7,894 $546,700 $108,900 $437,800
2016 $7,206 $498,700 $108,900 $389,800
2015 $6,818 $466,700 $102,300 $364,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73254276

MLS Property Information Network (MLS PIN)

APN: EVER-000000-B000003-000155