NOT LISTED FOR SALE

577-579 Commonwealth Ave Newton, MA 02459

Newton Centre Neighborhood

Estimated Value: $1,803,000 - $2,508,000

5 Beds
3 Baths
3,652 Sq Ft
$565/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $1,872,000 $513 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $12,992/month

226 Days on Market

Highlights

  • Deck
  • Property is near public transit
  • 2 Fireplaces
  • Ward Elementary School Rated A+
  • Wood Flooring
  • Balcony

About This Home

As of May 2022

Investors and owner ocupants check this location which is the classic Commonwealth Avenue's carriage lane for this multi-family brick home. Here is your turnkey ready property which has been meticulously renovated. The home offers gleaming hardwood floors, beautiful built-in cabinetry, and a state of the art kitchens with the open floor plan on the first floor, which is ideal for entertaining and today's life style. All of the windows, heating, insulation, plumbing, and electrical have been updated. There is a 2-car detached garage, and a private backyard with a large deck. Both units have designated basement rooms with potential for an office or exercise room, plus laundry hook-ups. Upstairs unit consists of 3 bedrooms, 1 bathroom with living room and dining room. Downstairs unit offers 2 bedrooms, 2 full bathroom, and a walk in closet along with a gas fireplace in the livingroom. Don’t miss an opportunity to own this pristine multi-family close to buses and Newton Centre "T".

Last Agent to Sell the Property

Cheryl Cremens

Coldwell Banker Realty - Newton Listed on: 08/10/2021

Coldwell Banker Realty - Newton

Last Buyer's Agent

Tania Wu

Boston Luxury Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,496

Year Built

  • Built in 1918 | Remodeled

Lot Details

  • 9,583 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 3,652 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Gas Fireplace
  • Insulated Windows
  • Basement Fills Entire Space Under The House
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Home Security System
  • Intercom

Outdoor Features

  • Balcony
  • Deck
  • Rain Gutters

Location

  • Property is near public transit

Schools

  • Ward Elementary School
  • Bigelow Middle School
  • North High School

Utilities

  • Cooling Available
  • 2 Cooling Zones
  • 2 Heating Zones
  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 703832

Community Details

Recreation

  • Park

Additional Features

  • 2 Units
  • Shops

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,496

Year Built

Built in 1918 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled
  • Year Built: 1918
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 2.5
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Tile,Carpet,Hardwood, Unit 1(undefined), Unit 2(Wall to Wall Carpet)
  • Interior Amenities: Unit 1(Ceiling Fans,Stone/Granite/Solid Counters,Upgraded Cabinets,Upgraded Countertops,Walk-In Closet,Open Floor Plan,Internet Available - Unknown), Unit 2(Upgraded Cabinets,Upgraded Countertops,Internet Available - Unknown), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace Features: Unit 1(Fireplace - Natural Gas)
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Gas Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup, Unit 1(Washer & Dryer Hookup)
  • Basement: Full
  • Living Area: 3652
  • Other Equipment: Unit 1 Intercom
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 547.37
  • PRICE PER Sq Ft: 512.6
  • MAIN SO: AN2383

Exterior Features

  • Exterior Features: Balcony, Rain Gutters, Other, Unit 1 Balcony/Deck
  • Construction Materials: Brick, Stone
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup
  • Cooling: Unit 1(Central Air), Unit 2(Central Air)
  • Heating: Unit 1(Central Heat,Gas), Unit 2(Steam,Gas)
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Unit 1 Security System
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Highway Access

Lot Info

  • Parcel Number: 703832
  • Zoning: MR1
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Sq Ft: 9583.2
  • Lot Size Units: Acres
  • LOT SIZE: 9750
  • PAGE: 394

Tax Info

  • Tax Year: 1921
  • Tax Annual Amount: 16496.1
  • Tax Book Number: 63157

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • COOLING UNITS: 2
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: North
  • Elementary School: Ward
  • Middle Or Junior School: Bigelow

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2014
Sold by
Furman Ft
Bought by
Bearfield Maribeth N and Bearfield Gary R
Total Days on Market
226
Current Estimated Value
$2,063,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,500
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Bearfield Maribeth N $1,215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bearfield Maribeth N $860,000
Closed Bearfield Maribeth N $850,500
Previous Owner Furman Ft $350,000
Previous Owner Furman Ft $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $1,872,000 -10.9% $513 / Sq Ft
03/24/2022 03/24/22 Pending -- -- --
02/25/2022 02/25/22 For Sale -- -- --
02/10/2022 02/10/22 Pending -- -- --
12/23/2021 12/23/21 For Sale -- -- --
10/29/2021 10/29/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $2,100,000 -- $575 / 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 $18,462 $1,883,900 $1,100,800 $783,100
2024 $17,851 $1,829,000 $1,068,700 $760,300
2023 $17,747 $1,743,300 $865,500 $877,800
2022 $16,981 $1,614,200 $801,400 $812,800
2021 $15,934 $1,480,900 $735,200 $745,700
2020 $15,461 $1,480,900 $735,200 $745,700
2019 $14,463 $1,384,000 $687,100 $696,900
2018 $14,568 $1,346,400 $645,900 $700,500
2017 $13,735 $1,235,200 $592,600 $642,600
2016 $12,896 $1,133,200 $543,700 $589,500
2015 $11,620 $1,000,900 $508,100 $492,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72876278

MLS Property Information Network (MLS PIN)

APN: NEWT-000073-000048-000014