NOT LISTED FOR SALE
6 Beds
5 Baths
3,591 Sq Ft
8,999 Sq Ft Lot

Sale Details

Date Sold: October 7, 2022

Last sale price $1,400,000 $390 Per Sq Ft

7 Days on Market

Highlights

  • Medical Services
  • Property is near golf course and public transit
  • Park
  • Winthrop Elementary School Rated A
  • Corner Lot
  • Shops

About This Home

As of October 2022

Don't miss your chance to own this large 5-unit investment property. E Emerson Street is located just steps to the Melrose-Wakefield Hospital. This property consists of four (1) bedroom units and one (2) bedroom unit. Conveniently located to Rte 1, I-93, and Wyoming Hill MBTA Station.

Last Agent to Sell the Property

Herrick Lutts Realty Partners

Herrick Lutts Realty Partners Listed on: 08/08/2022

Co-Listed By

Nick Zolotas

Herrick Lutts Realty Partners

Last Buyer's Agent

Nick Keramaris

Nicholas G. Keramaris

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,401

Year Built

  • Built in 1900

Lot Details

  • 8,999 Sq Ft Lot
  • Corner Lot

Home Design

  • 3,591 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near golf course and public transit

Utilities

  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Total Actual Rent $3,480
  • Assessor Parcel Number M:0D8 P:0000069,654987

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Net Operating Income $59,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,401

Year Built

Built in 1900

Lot Details

8,999 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1900
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Unfinished
  • Living Area: 3591
  • Stories Total: 9
  • MAIN LO: AN6507
  • MAIN SO: AC2444

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Electric: 200+ Amp Service
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, T-Station

Lot Info

  • Parcel Number: M:0D8 P:0000069,654987
  • Zoning: URA
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 8999
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9401

Multi Family

  • Net Operating Income: 59160
  • Number Of Units Total: 5
  • Total Actual Rent: 3480
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2022
Closed on
Oct 7, 2022
Sold by
Bought by
Seller's Agent
Herrick Lutts Realty Partners
Herrick Lutts Realty Partners
Buyer's Agent
Nick Keramaris
Nicholas G. Keramaris
List Price
$1,295,000
Sold Price
$1,400,000
Premium/Discount to List
$105,000
8.11%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$906,500
Interest Rate
0.0555%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 14, 2005
Sold by
Bought by

Purchase Details

Closed on
Jun 18, 1974
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,400,000 None Available
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $906,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/07/2022 10/07/22 Sold $1,400,000 +8.1% $390 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $1,295,000 -- $361 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $135 $1,361,500 $465,300 $896,200
2024 $13,240 $1,333,300 $437,100 $896,200
2023 $9,268 $889,400 $423,000 $466,400
2022 $9,401 $889,400 $423,000 $466,400
2021 $8,816 $805,100 $394,800 $410,300
2020 $8,299 $751,000 $352,500 $398,500
2019 $7,725 $714,600 $325,700 $388,900
2018 $7,463 $658,700 $296,100 $362,600
2017 $7,465 $632,600 $282,000 $350,600
2016 $7,408 $600,800 $275,000 $325,800
2015 $7,189 $554,700 $246,700 $308,000
2014 $6,992 $526,500 $218,500 $308,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73022495

MLS Property Information Network (MLS PIN)
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