NOT LISTED FOR SALE

Estimated Value: $1,259,121 - $1,551,000

5 Beds
5 Baths
4,400 Sq Ft
$321/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $1,320,000 $300 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,628/month

43 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Patio
  • Daniel Butler School Rated A+
  • Jogging Path
  • Shops

About This Home

As of December 2022

This is your opportunity to own an oversized and well-built 3 unit, 14 room, 5 bed, 5 bath multi-family home perfectly situated in bustling Watertown on the Belmont line. Well maintained w/ separate utilities, large rooms, and ample storage. The lower-level unit is an appealing 1 bed, 1 bath w/ a large bedroom, full bath, and laundry in unit. 1st floor has an open floor plan living room/dining room and large eat-in kitchen. The primary bedroom has a 3/4 primary bath. The 2nd floor unit w/ the same layout has cathedral ceilings in the living room/dining room. Primary bed w/ 3/4 primary bath. Upper units both have 150 sq ft storage rooms in lower-level w/ laundry. Roof is about 10 years old, three young water heaters, and replacement windows. Private backyard space w/ patio and 4 unencumbered parking spaces. Income producing asset w/ an impeccable rental history and limited maintenance. Walk to express bus, commuter rail, shops, supermarket, Waverley Sq. Minutes to Cambridge and Boston.

Last Agent to Sell the Property

Bob Airasian

Coldwell Banker Realty - Belmont Listed on: 10/26/2022

Coldwell Banker Realty - Belmont

Last Buyer's Agent

Chaimaa Boulal

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,640

Year Built

  • Built in 1972

Lot Details

  • 4,890 Sq Ft Lot
  • Near Conservation Area

Home Design

  • Triplex
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,400 Sq Ft Home
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Schools

  • Lowell Elementary School
  • WMS Middle School
  • WHS High School

Utilities

  • 3 Heating Zones
  • 100 Amp Service
  • Gas Water Heater

Additional Features

  • Patio
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $5,000
  • Assessor Parcel Number M:0519 B:0010 L:0008

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $60,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,640

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1972
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 5
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full, Partially Finished
  • Living Area: 4400
  • Stories Total: 6
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 340.68
  • PRICE PER Sq Ft: 300
  • MAIN SO: AN7396

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Assigned, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Electric: Circuit Breakers, 100 Amp Service
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area

Lot Info

  • Parcel Number: M:0519 B:0010 L:0008
  • Zoning: T
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4890
  • Lot Size Units: Acres
  • PAGE: 426
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7640
  • Tax Book Number: 13274

Multi Family

  • Gross Income: 60000
  • Net Operating Income: 60000
  • Number Of Units Total: 3
  • Total Actual Rent: 5000
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: Whs
  • Elementary School: Lowell
  • Middle Or Junior School: Wms

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Angjeli Anastas $858,000
Closed Carbone Guy A $250,000
Closed Carbone Guy A $240,000
Closed Carbone Guy A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2022 12/15/22 Sold $1,320,000 -11.9% $300 / Sq Ft
12/09/2022 12/09/22 Pending -- -- --
11/07/2022 11/07/22 Price Changed $1,499,000 -3.2% $341 / Sq Ft
10/26/2022 10/26/22 For Sale $1,549,000 -- $352 / 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 $11,174 $981,000 $211,000 $770,000
2024 $8,849 $838,000 $279,000 $559,000
2023 $8,587 $764,000 $263,000 $501,000
2022 $7,316 $708,000 $241,000 $467,000
2021 $7,316 $634,000 $267,000 $367,000
2020 $6,985 $635,000 $223,000 $412,000
2019 $4,528 $388,000 $164,000 $224,000
2018 $4,520 $372,000 $149,000 $223,000
2017 $4,543 $358,000 $136,000 $222,000
2016 $4,270 $340,000 $121,000 $219,000
2015 $3,870 $300,000 $111,000 $189,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73052152

MLS Property Information Network (MLS PIN)

APN: BELM-000028-000017