NOT LISTED FOR SALE

Estimated Value: $868,000 - $1,110,560

4 Beds
2 Baths
2,653 Sq Ft
$358/Sq Ft Est. Value

Sale Details

Date Sold: October 11, 2022

Last sale price $754,000 $284 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,138 / mo

8 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Property is near public transit and schools
  • Horace Mann Elementary School Rated A-
  • Landscaped Professionally
  • Wood Flooring

About This Home

As of October 2022

Opportunity awaits the savvy owner-occupant or investor in this conveniently located two-family home with THREE garage spaces that has been lovingly owned by the same family for 60yrs+! The first floor unit has ample space w/ its living room, dining/multi-use space, bedroom, bath, and pantry, as well as access to a spacious sunroom w/ a great cross-breeze. The two-level unit on the second & third floors is a gem - the first level has an updated kitchen, living, dining, den/bedrooms, & full bath, as well as a private sunroom, and addtl bedrooms on the second level. Both units have in-unit laundry, & separate electric, hot water, & heating systems. The house is well-situated on its manicured lot, w/ a long driveway for ample parking, three-car garage, & plenty of private backyard space. Curb appeal w/ a great front porch. Minutes to downtown Melrose & nearby to the commuter rail, Whole Foods, & major highways. With ample opportunity to use or transform the property, this won’t last!

Last Agent to Sell the Property

Andrea Bates

Brad Hutchinson Real Estate Listed on: 08/24/2022

Last Buyer's Agent

Michael Tecci

North Corner Realty License #448554298

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,406

Year Built

  • Built in 1865

Lot Details

  • 11,194 Sq Ft Lot
  • Landscaped Professionally
  • Level Lot
  • Sprinkler System

Parking

  • 3 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,653 Sq Ft Home
  • Property has 1 Level
  • Window Screens
  • Screened Porch
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Outdoor Features

  • Bulkhead
  • Rain Gutters

Location

  • Property is near public transit and schools

Schools

  • Apply Elementary School
  • Mvmms Middle School
  • MHS High School

Utilities

  • Heating Available
  • Separate Meters
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $1,550
  • Assessor Parcel Number M:E11 P:0000009,660116

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • 2 Units
  • Net Operating Income $18,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,406

Year Built

Built in 1865

Lot Details

0.26 Acres

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1865
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Unit 1(undefined), Unit 2(Wood Flooring)
  • Interior Amenities: Unit 1(Ceiling Fans,Pantry,Bathroom With Tub & Shower), Unit 2(Pantry,Stone/Granite/Solid Counters,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Sunroom,Other (See Remarks)), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Office/Den,Other (See Remarks))
  • Fireplace YN: No
  • Appliances: Utility Connections for Gas Range, Utility Connections Varies per Unit
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 1(Washer & Dryer Hookup)
  • Basement: Full, Interior Entry, Bulkhead
  • Living Area: 2653
  • Stories Total: 3
  • Window Features: Screens
  • MAIN LO: B11101
  • MAIN SO: AN4078

Exterior Features

  • Exterior Features: Rain Gutters, Professional Landscaping, Sprinkler System
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Enclosed, Screened
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking Spaces: 3
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, Washer Hookup, Varies per Unit
  • Heating: Unit 1(Hot Water Radiators,Oil), Unit 2(Hot Water Radiators,Gas)
  • Electric: Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: MWRA
  • HEAT UNITS: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station

Lot Info

  • Parcel Number: M:E11 P:0000009,660116
  • Zoning: URA
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.25
  • Lot Size Sq Ft: 11194
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8406

Multi Family

  • Net Operating Income: 18600
  • Number Of Units Total: 2
  • Total Actual Rent: 1550
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: Y

MLS Schools

  • High School: Mhs
  • Elementary School: Apply
  • Middle Or Junior School: Mvmms

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Oct 11, 2022
Sold by
Bought by
Seller's Agent
Andrea Bates
Brad Hutchinson Real Estate
Buyer's Agent
Michael Tecci
North Corner Realty
List Price
$799,900
Sold Price
$754,000
Premium/Discount to List
-$45,900
-5.74%
Views
31
Current Estimated Value
$950,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,890
Avg. Annual Appreciation
6.58%
Original Mortgage
$603,200
Outstanding Balance
$574,534
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$376,356
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$754,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $603,200
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/11/2022 10/11/22 Sold $754,000 -5.7% $284 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $799,900 -- $302 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $82 $825,300 $505,000 $320,300
2024 $7,867 $792,200 $490,600 $301,600
2023 $8,870 $851,200 $476,200 $375,000
2022 $8,406 $795,300 $432,900 $362,400
2021 $7,979 $728,700 $404,000 $324,700
2020 $8,013 $725,200 $404,000 $321,200
2019 $7,259 $671,500 $360,700 $310,800
2018 $6,917 $610,500 $310,200 $300,300
2017 $6,627 $561,600 $288,600 $273,000
2016 $6,536 $530,100 $288,600 $241,500
2015 $6,601 $509,300 $274,200 $235,100
2014 $6,073 $457,300 $245,300 $212,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73029055

MLS Property Information Network (MLS PIN)

APN: MELR-000011E-000000-000009

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