NOT LISTED FOR SALE

56 Summit St Unit 1 Arlington, MA 02474

Arlington Heights Neighborhood

Estimated Value: $1,134,000 - $1,361,000

2 Beds
1 Bath
1,200 Sq Ft
$1,081/Sq Ft Est. Value

About This Home

As of November 2015

Beautiful two bedrooms with an office. Gorgeous hardwood floors throughout on this wonderful first floor. A sprawling space, complete with living room, dining room, office, kitchen, and two large bedrooms. There is even an enclosed porch along with storage in the basement and washer/dryer access. Two car off street parking. Property is on a quiet almost dead end like street. Very close to McClennan Park which is an excellent recreation area. Summer st. leads right to access to the bike path, and Arlington Center. Excellent landlord that will consider pets, depending on the breed. This will be ready for December 15th as it will be getting a new coat of paint, hardwoods refinished, and freshened up!

Last Agent to Rent the Property

Rion Manita

Confidant Real Estate Services Listed on: 11/03/2015

Last Renter's Agent

Rion Manita

Confidant Real Estate Services Listed on: 11/03/2015

Property Details

Home Type

Other

Est. Annual Taxes

$11,780

Year Built

1929

Lot Details

0

Rental Info

  • First Month Req: Yes
  • Insurance Required: Yes
  • Last Month Req: Yes
  • Lead Paint: Unknown
  • Pets Allowed: Yes
  • References Req: Yes
  • Rental Terms: Lease, Tenant at Will
  • Rent Includes: Water, Sewerage Disposal, Refuse Removal, Snow Removal, Grounds Maintenance, Extra Storage, Laundry Facilities
  • Term Of Rental: 8/18
  • Unit In Building: 1
  • Unit Level: 1

Listing Details

  • Property Class: Rental
  • Special Features: None
  • Year Built (Public Record): 1929

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Has Basement: Yes
  • Number of Rooms: 6
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University

Exterior Features

  • Exterior Features: Porch - Enclosed, Garden Area

Garage/Parking

  • Parking Spaces: 2

Utilities

  • Heating: Gas, Hot Water Radiators

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2013
Sold by
Gould Karen
Bought by
Malatesta John and Malatesta Brenda
Current Estimated Value
$1,297,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,900
Outstanding Balance
$333,805
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$963,575

Purchase Details

Closed on
Sep 17, 1997
Sold by
Gould Marion
Bought by
Malatesta John and Malatesta Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,200
Interest Rate
7.38%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Malatesta John -- --
Malatesta John $314,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malatesta John $445,900
Previous Owner Malatesta John $350,000
Previous Owner Malatesta John $251,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2015 11/18/15 Rented $1,750 -2.5% --
11/03/2015 11/03/15 For Rent $1,795 -- --
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 $11,780 $1,093,800 $444,100 $649,700
2024 $10,905 $1,029,700 $427,400 $602,300
2023 $11,721 $1,045,600 $399,700 $645,900
2022 $11,748 $1,028,700 $388,600 $640,100
2021 $11,338 $999,800 $388,600 $611,200
2020 $11,059 $999,900 $388,600 $611,300
2019 $9,342 $829,700 $383,000 $446,700
2018 $8,987 $740,900 $294,200 $446,700
2017 $8,748 $696,500 $277,500 $419,000
2016 $8,631 $674,300 $255,300 $419,000
2015 $8,293 $612,000 $238,700 $373,300
Source: Public Records

Agents Affiliated with this Home

  • R

    Landlord's Agent in 2015

    Rion Manita

    Confidant Real Estate Services

    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71927140

MLS Property Information Network (MLS PIN)

APN: ARLI-000084-000005-000002

Massachusetts Middlesex County Arlington 02474 Arlington Heights

56 Summit St Unit 1, Arlington, MA

Not Listed for Sale

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.

Nearby Homes