NOT LISTED FOR SALE

57 Bridge St Unit 59 Newton, MA 02458

Nonantum Neighborhood

Estimated Value: $1,163,000 - $1,384,000

4 Beds
2 Baths
2,392 Sq Ft
$530/Sq Ft Est. Value

Last Sold June 13, 2017

Last sale price $870,000 $364 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $7,947/month

22 Days on Market

About This Home

As of June 2017

Prime investment or owner-occupied two-family, in desirable Newton location. This is a fantastic opportunity to realize great long-term, stable rental income, with low operating expenses, or to supplement your income as an owner-occupied investor. Good condition, with roof installed in October 2016, second-floor kitchen in December 2016, first-floor kitchen in 2010, and newer water heaters. Each unit features an eat-in kitchen, living room open to the dining room, wood-burning fireplaces, original natural woodwork, pantries, newer kitchens and baths, basement storage, garage parking, and good sunlight. The second unit has a bonus office/den, and a full set of stairs leading to an additional 600 sqft of nicely finished, unheated space that is part of Unit 59, perfect for a family/play room. In close proximity to shops, restaurants, grocery, public transportation, this is an unbeatable property at a great price. Current rent is below market. 6% cap rate at list price, with market rents.

Last Listed By

Brenda vanderMerwe

Hammond Residential Real Estate Listed on: 03/22/2017

Hammond Residential Real Estate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,604

Year Built

1916

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Shared Drive, Level
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Insc: 1200
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1916

Interior Features

  • Has Basement: Yes
  • Fireplaces: 2
  • Number of Rooms: 12
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, House of Worship, Private School, Public School
  • Electric: Circuit Breakers, Individually Metered
  • Flooring: Tile, Vinyl, Wall to Wall Carpet, Hardwood
  • Basement: Full, Walk Out, Interior Access, Concrete Floor, Unfinished Basement
  • Full Bathrooms: 2
  • Total Levels: 3
  • Main Lo: K95001
  • Main So: K95001
  • Estimated Sq Ft: 2392.00

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch, Balcony, Garden Area
  • Foundation: Concrete Block

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Schools

  • Elementary School: Lincoln-Eliot
  • Middle School: Bigelow
  • High School: North

Lot Info

  • Assessor Parcel Number: S:14 B:002 L:0019
  • Zoning: MR1
  • Acre: 0.13
  • Lot Size: 5573.00

Multi Family

  • APOD Available: Yes
  • Heat Units: 2
  • Total Bedrooms: 4
  • Total Fireplaces: 2
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 3
  • Total Rms: 11
  • Total Rent_1: 1900
  • Multi Family Type: 2 Family - 2 Units Up/Down

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2017
Closed on
Jun 13, 2017
Sold by
Zhao Zhihong
Bought by
Wang Xin H and Chen Xiu H
Seller's Agent
Brenda vanderMerwe
Hammond Residential Real Estate
Buyer's Agent
Brenda vanderMerwe
Hammond Residential Real Estate
List Price
$899,000
Sold Price
$870,000
Premium/Discount to List
-$29,000
-3.23%
Total Days on Market
22
Current Estimated Value
$1,267,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,748
Avg. Annual Appreciation
4.85%
Original Mortgage
$600,000
Outstanding Balance
$507,488
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$760,138

Purchase Details

Closed on
Apr 1, 2010
Sold by
Kwan Nerine W and Kwan Adrien W
Bought by
Zhao Zhihong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2000
Sold by
James Farina Rt and Farina Tr John A
Bought by
Kwan Nerine W and Kwan Adrien W

Range of Values:

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

Similar Homes in the area

  • 158 Adams St, Newton, MA 02458

    $1,350,000

    • 3 Beds
    • 3.5 Baths
    • 3,045 Sq Ft
    • 158 Adams St
    • Newton, MA

    Wow! Fantastic 4 unit investment property situated on a corner lot in desirable Newton neighborhood. This BU2 zoned property consists of three spacious one bedroom residential units and one commercial space. Two of the three apartments are currently rented. The 3rd apartment is freshly painted and ready for a new tenant. The commercial space has a long term tenant that runs a catering business.

    Demeo Realty Group Coldwell Banker Realty - Newton

    Section Image
  • 484 Watertown St, Newtonville, MA 02460

    $1,275,000

    • 5 Beds
    • 3.5 Baths
    • 3,323 Sq Ft
    • 484 Watertown St
    • Newtonville, MA

    Gorgeous Newtonville home with tons of options! Currently configured as a multi-family (a separate entrance off the back porch leads to a charming studio apartment up one flight of stairs with full kitchen and bathroom), this is the perfect home for multi-generational living, income-generation, or it could be turned back into a single family home as it once was. The rest of the property is

    Rachel Lieberman Berkshire Hathaway HomeServices Commonwealth Real Estate

    Section Image
  • 8 Bonwood St Unit 10, Newtonville, MA 02460

    $1,359,900

    • 4 Beds
    • 2 Baths
    • 2,740 Sq Ft
    • 8 Bonwood St
    • Unit 10
    • Newtonville, MA

    This fantastic two-family home in the heart of Newton! Situated on a spacious 0.13-acre lot, this well-maintained property offers an exceptional opportunity for owner-occupants, investors, or multi-generational living. Each unit features a practical layout with generous natural light, private entrances, and dedicated parking spaces. Located on a quiet cul-de-sac, yet just minutes from top-rated

    Heejeong Joo Blue Ocean Realty, LLC

    Section Image
  • 65-67 Westchester Rd, Newton, MA 02458

    $1,450,000

    • 6 Beds
    • 2 Baths
    • 2,752 Sq Ft
    • 65-67 Westchester Rd
    • Newton, MA

    Prime Investment Opportunity in Newtonville, MA! Located in a sought-after neighborhood, this fully occupied 2-family home offers immediate income with significant upside potential. Each spacious unit features 3 bedrooms and 1 full bath, including a sunroom—ideal for a home office or extra bedroom. The living-dining combo and eat-in kitchens with pantries provide comfortable and functional living

    Diane Basemera Coldwell Banker Realty - Newton

    Section Image
  • 27 Oakwood Rd, Newton, MA 02460

    $1,425,000

    • 5 Beds
    • 2 Baths
    • 2,717 Sq Ft
    • 27 Oakwood Rd
    • Newton, MA

    Fabulous Two Family home with detached two car garage and a separate driveway is located in a coveted Auburndale neighborhood and presents an opportunity for a developer, end user, or investor! This home sits on a quiet, dead end street and has a 1st floor consisting of two bedrooms, one bathroom, a dining room, living room and sunroom. The 2nd floor duplex unit offers the same layout with the

    Janice Lipof Hammond Residential Real Estate

    Section Image
  • 130-132 Nonantum St, Boston, MA 02135

    $1,100,000

    • 5 Beds
    • 2 Baths
    • 2,892 Sq Ft
    • 130-132 Nonantum St
    • Boston, MA

    Beautifully maintained two-family home just steps from Oak Square and within walking distance to buses to Harvard, Kenmore, and express service to downtown Boston. Enjoy convenient access to the Mass Pike, Storrow Drive, and Boston Landing. The sun-filled second floor features 3 Beds, gleaming hardwood floors, in-unit laundry, a charming sun porch—perfect for morning coffee and a good book,

    Norman O'Grady RE/MAX On the Charles

    Section Image
  • 109 Auburn St, Auburndale, MA 02466

    $1,500,000

    • 4 Beds
    • 2 Baths
    • 2,496 Sq Ft
    • 109 Auburn St
    • Auburndale, MA

    Charming 2-Family in vibrant Auburndale Village, is an Investor’s Dream! This beautifully maintained property w/12 spacious rooms & 4 bedrooms has gleaming HW floors, great ceiling height & lovely wood trim throughout. Each 2 bedrm unit has a wonderful sunroom, great as an office or playroom. The spacious fireplace living room flows seamlessly into the dining rm. There are enclosed porches for

    Patricia Bradley Rutledge Properties

    Section Image
  • 168 Elliot St, Newton Upper Falls, MA 02464

    $1,099,900

    • 3 Beds
    • 2 Baths
    • 2,310 Sq Ft
    • 168 Elliot St
    • Newton Upper Falls, MA

    Your opportunity awaits at 166 -168 Elliot Street. Nestled in Newton Upper Falls located just minutes from Boston with easy access to major highways and public transportation. Developers, Investors and Owner Occupants have the chance to make this long-loved home their next investment. The property sits on .14 acres with 2 residences and off-street parking for 4 cars. 166 Elliot is a top floor 3

    Alexandria Cornelio JD Advisors, Inc

    Section Image
See All Homes in Newton

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
Wang Xin H $870,000 --
Zhao Zhihong $500,000 --
Kwan Nerine W $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Xin H $600,000
Previous Owner Zhao Zhihong $441,000
Previous Owner Zhao Zhihong $388,500
Previous Owner Kwan Nerine W $400,000
Previous Owner Zhao Zhihong $400,000
Previous Owner Kwan Nerine W $328,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2017 06/13/17 Sold $870,000 -3.2% $364 / Sq Ft
04/13/2017 04/13/17 Pending -- -- --
03/22/2017 03/22/17 For Sale $899,000 -- $376 / 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 $10,604 $1,082,000 $621,900 $460,100
2024 $10,253 $1,050,500 $603,800 $446,700
2023 $9,644 $947,300 $476,900 $470,400
2022 $9,227 $877,100 $441,600 $435,500
2021 $8,659 $804,700 $405,100 $399,600
2020 $8,401 $804,700 $405,100 $399,600
2019 $7,859 $752,100 $378,600 $373,500
2018 $7,485 $691,800 $355,200 $336,600
2017 $7,058 $634,700 $325,900 $308,800
2016 $6,627 $582,300 $299,000 $283,300
2015 $6,318 $544,200 $279,400 $264,800
Source: Public Records

Agents Affiliated with this Home

  • Brenda vanderMerwe

    Seller's Agent in 2017

    Brenda vanderMerwe

    Hammond Residential Real Estate

    (617) 388-7897

    4 in this area

    137 Total Sales

    Brenda vanderMerwe
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72133946

MLS Property Information Network (MLS PIN)

APN: NEWT-000014-000002-000019

Massachusetts Middlesex County Newton 02458 Nonantum

57 Bridge St Unit 59, Newton, MA

Homes for Sale in Newton, MA

This home is located at 57 Bridge St Unit 59, Newton, MA 02458 since 22 March 2017 and is currently estimated at $1,267,748, approximately $529 per square foot. This property was built in 1916. 57 Bridge St Unit 59 is a home located in Middlesex County with nearby schools including Lincoln-Eliot Elementary School, Bigelow Middle School, and Newton North High 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.

Nearby Homes