NOT LISTED FOR SALE

62 Algonquin Rd Chestnut Hill, MA 02467

Chestnut Hill Neighborhood

Estimated Value: $1,995,000 - $2,651,000

5 Beds
3 Baths
4,224 Sq Ft
$563/Sq Ft Est. Value

Last Sold May 07, 2013

Last sale price $1,255,000 $297 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $14,180/month

6 Days on Market

About This Home

As of May 2013

Huge 2-family building in Chestnut Hill. Hardwood floors, 2 garage and 4 driveway parking spots. Both units rented through 8/31/14. Group showings Friday, Saturday & Sunday 4/5 - 4/7

Last Agent to Sell the Property

Allen Garzone

Allen Garzone Listed on: 04/01/2013

Last Buyer's Agent

Allen Garzone

Allen Garzone Listed on: 04/01/2013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,457

Year Built

1910

Lot Details

0

Listing Details

  • Lot Description: Sloping
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Number of Rooms: 16

Exterior Features

  • Foundation: Poured Concrete

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2019
Sold by
Allied Mortgage & Services
Bought by
Hsu Chitien and Hsu Jomei
Current Estimated Value
$2,378,650

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
$350,985
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$2,027,665

Purchase Details

Listed on
Apr 1, 2013
Closed on
May 8, 2013
Sold by
Martin John and Martin Marion
Bought by
Yu Eric
Seller's Agent
Allen Garzone
Allen Garzone
Buyer's Agent
Allen Garzone
Allen Garzone
List Price
$1,200,000
Sold Price
$1,255,000
Premium/Discount to List
$55,000
4.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.21%
Original Mortgage
$2,400,000
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 23, 2004
Sold by
Ridick Christopher J
Bought by
Martin John and Martin Marion

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
5.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2002
Sold by
Rubinshtein Michael and Rubinshtein Irina
Bought by
Ridick Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.9%
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
Hsu Chitien $1,700,000 --
Yu Eric $1,255,000 --
Martin John $1,075,000 --
Ridick Christopher J $940,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hsu Chitien $400,000
Previous Owner Yu Eric $2,400,000
Previous Owner Martin John $860,000
Previous Owner Ridick Christopher J $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/07/2013 05/07/13 Sold $1,255,000 +4.6% $297 / Sq Ft
04/07/2013 04/07/13 Pending -- -- --
04/01/2013 04/01/13 For Sale $1,200,000 -- $284 / 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 $20,457 $2,087,400 $1,214,300 $873,100
2024 $19,780 $2,026,600 $1,178,900 $847,700
2023 $19,228 $1,888,800 $942,800 $946,000
2022 $18,398 $1,748,900 $873,000 $875,900
2021 $17,264 $1,604,500 $800,900 $803,600
2020 $16,751 $1,604,500 $800,900 $803,600
2019 $15,670 $1,499,500 $748,500 $751,000
2018 $15,984 $1,477,300 $708,600 $768,700
2017 $15,071 $1,355,300 $650,100 $705,200
2016 $14,150 $1,243,400 $596,400 $647,000
2015 $13,492 $1,162,100 $557,400 $604,700
Source: Public Records

Agents Affiliated with this Home

  • Allen Garzone

    Seller's Agent in 2013

    Allen Garzone

    Allen Garzone

    (617) 546-4711

    3 Total Sales

    Allen Garzone
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71501163

MLS Property Information Network (MLS PIN)

APN: NEWT-000063-000002-000001

Massachusetts Middlesex County Newton 02467 Chestnut Hill

62 Algonquin Rd, Newton, MA

Not Listed for Sale

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