NOT LISTED FOR SALE

Estimated Value: $1,233,000 - $1,308,000

5 Beds
2 Baths
2,682 Sq Ft
$478/Sq Ft Est. Value

Last Sold August 23, 2024

Last sale price $1,220,000 $455 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $7,775/month

7 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Porch
  • Hardy Elementary School Rated A
  • Attic
  • 5-minute walk to Magnolia Park

About This Home

As of August 2024

Located in the heart of East Arlington, this well-maintained two-family has been owned by the same family for over 50 years. The first floor offers two bedrooms, a full bath and more. Spacious second floor has three bedrooms, full bath and flexible heated room on third floor. Both units boast natural woodwork and gleaming hardwood floors. Add your personal touches to make this your true home! Location is key: easy access to Hardy School, Minuteman Bike Path and Alewife red line. Enjoy dining minutes away in "trendy” Capitol Square! With a two-car garage, two newer heating systems and private backyard this one won’t last!

Last Agent to Sell the Property

Douglas Dodge

Coldwell Banker Realty - Lexington Listed on: 07/17/2024

Coldwell Banker Realty - Lexington

Co-Listed By

Cathy Paolillo

Coldwell Banker Realty - Lexington

Last Buyer's Agent

Wendy Wang

Downtown Boston Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,614

Year Built

  • Built in 1924

Lot Details

  • 5,536 Sq Ft Lot
  • Level Lot

Parking

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

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,682 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Attic

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Utilities

  • 2 Heating Zones
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 100 Amp Service

Additional Features

  • Porch
  • Property is near public transit

Community Details

  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 0012 / 0003
  • Assessor Parcel Number 318537

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,614

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1924
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Vinyl
  • Interior Amenities: Ceiling Fan(s), Walk-Up Attic, Heated Attic, Living Room, Dining Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Dishwasher
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Sump Pump
  • Living Area: 2682
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN6181
  • MAIN SO: AN3164

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Steam, Oil
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Hot Water: Oil

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Senior Community YN: No

Lot Info

  • Parcel Number: 318537
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5536
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11614
  • Tax Block: 0003
  • Tax Lot: 0012

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 3, 2004
Sold by
Paolillo Lena M
Bought by
Paolillo James C and Paolillo Joseph N
Current Estimated Value
$1,282,913

Purchase Details

Closed on
Sep 29, 1965
Bought by
Paolillo Lena M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Paolillo James C -- --
Paolillo James C -- --
Paolillo Lena M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paolillo Lena M $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2024 08/23/24 Sold $1,220,000 +11.9% $455 / Sq Ft
07/25/2024 07/25/24 Pending -- -- --
07/17/2024 07/17/24 For Sale $1,090,000 -- $406 / 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 $12,565 $1,166,700 $609,600 $557,100
2024 $11,614 $1,096,700 $580,200 $516,500
2023 $11,680 $1,041,900 $486,500 $555,400
2022 $11,640 $1,019,300 $468,900 $550,400
2021 $11,275 $994,300 $468,900 $525,400
2020 $10,999 $994,500 $468,900 $525,600
2019 $10,035 $891,200 $498,200 $393,000
2018 $9,175 $756,400 $363,400 $393,000
2017 $8,290 $660,000 $316,500 $343,500
2016 $7,848 $613,100 $269,600 $343,500
2015 $7,718 $569,600 $263,700 $305,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73265702

MLS Property Information Network (MLS PIN)

APN: ARLI-000005-000003-000012