NOT LISTED FOR SALE

Estimated Value: $555,000 - $909,000

7 Beds
3 Baths
2,916 Sq Ft
$255/Sq Ft Est. Value

Last Sold June 16, 2016

Last sale price $650,000 $223 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,622/month

20 Days on Market

About This Home

As of June 2016

This two-family Antique Colonial, built circa 1802, is located in the heart of a classically significant historic New England village of prime Precinct 1. A rare investment opportunity with rental income. The first floor unit consists of six rooms, three bedrooms, one full bath, and screened porch. The second floor offers a charming and spacious seven-room unit with wood burning stove on two levels with three bedrooms, one and a half baths, and screened porch. Each unit has its own kitchen, living room, dining room, and driveway parking. There is a shared "Beacon Hill" style garden with deck and a two-car garage. The property is located in the historic neighborhood of Franklin Square, an easy walk to the library, village center with boutique shopping, coffee shops, restaurants, and cinema. Major routes, multiple commuter rail stations to Boston, Providence, and NYC and shopping at Legacy Place or Westwood Station are nearby.

Last Agent to Sell the Property

Hope McDermott

Hope McDermott Real Estate Listed on: 03/08/2016

Last Buyer's Agent

Hope McDermott

Hope McDermott Real Estate Listed on: 03/08/2016

Property Details

Home Type

Multi-Family

Year Built

1802

Lot Details

0

Listing Details

  • Lot Description: Other (See Remarks)
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1802

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 13
  • Amenities: Public Transportation, Shopping
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Storm Windows
  • Flooring: Wood, Vinyl, Wall to Wall Carpet
  • Basement: Full, Interior Access, Dirt Floor, Concrete Floor
  • Total Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles, Rubber
  • Construction: Frame
  • Exterior: Clapboard
  • Exterior Features: Porch - Screened, Deck, Gutters, Garden Area
  • Foundation: Fieldstone

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Dryer, for Electric Dryer
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:0107 L:0084
  • Zoning: SRB

Multi Family

  • Heat Units: 2
  • Total Bedrooms: 7
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Total Levels: 3
  • Total Rms: 13
  • Total Rent_1: 1800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2020
Sold by
Alcala Lisa M and Alcala Helen S
Bought by
Alcala Lisa C
Current Estimated Value
$733,357

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
Outstanding Balance
$352,035
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$392,284

Purchase Details

Closed on
Aug 22, 2019
Sold by
Deutsch Hannah
Bought by
Alcala Lisa C and Alcala Helen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,800
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 8, 2016
Closed on
Jun 16, 2016
Sold by
Smith Deborah K
Bought by
58 School Street Condo
Seller's Agent
Hope McDermott
Hope McDermott Real Estate
Buyer's Agent
Hope McDermott
Hope McDermott Real Estate
List Price
$629,000
Sold Price
$650,000
Premium/Discount to List
$21,000
3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.43%
Original Mortgage
$940,000
Interest Rate
3.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 30, 2013
Sold by
Smith Joseph M and Smith Deborah K
Bought by
Smith Deborah K

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%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 23, 2007
Sold by
Hehir Marcia J and Depace Marcia C
Bought by
Smith Joseph M and Smith Deborah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Alcala Lisa C -- None Available
Alcala Lisa C $626,000 --
58 School Street Condo $650,000 --
Smith Deborah K -- --
Smith Deborah K -- --
Smith Joseph M $540,000 --
Smith Joseph M $540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alcala Lisa C $400,000
Previous Owner Alcala Lisa C $500,800
Previous Owner 58 School Street Condo $940,000
Previous Owner Smith Joseph M $400,000
Previous Owner Smith Joseph M $432,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/16/2016 06/16/16 Sold $650,000 +3.3% $223 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $629,000 -- $216 / 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 $9,497 $752,500 $0 $752,500
2024 $9,049 $723,900 $0 $723,900
2023 $8,650 $673,700 $0 $673,700
2022 $8,493 $636,200 $0 $636,200
2021 $8,503 $622,000 $0 $622,000
2020 $8,388 $611,400 $0 $611,400
2019 $8,595 $607,400 $0 $607,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71968957

MLS Property Information Network (MLS PIN)

APN: 107 84 2