NOT LISTED FOR SALE

7 Florence St Natick, MA 01760

Estimated Value: $962,175 - $1,087,000

5 Beds
3 Baths
2,590 Sq Ft
$396/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $905,000 $349 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,225/month

6 Days on Market

Highlights

  • Deck
  • 5-minute walk to Natick
  • Level Lot
  • Natick High School Rated A
  • Tile Flooring
  • Heating Available

About This Home

As of June 2022

Rare investment opportunity in sought after Walnut Hill area. Live in one unit and rent another unit. Lead certificates for all units. Two generous units full of natural light. Bright and spacious. Renovated and meticulously maintained featuring open floor plan, tile kitchens and sun-filled bedrooms with large closets. Second floor unit features walk-up third floor with a bonus room used as a master bedroom suite with an en-suite full bath with standup shower. Each unit has private deck over looking large backyard. Common area in basement includes laundry for each unit & updated mechanicals. Beautiful stonewall in front frames this great rental property! Great neighborhood location in Natick with easy access to Commuter Rail Natick Center T stop, shops, restaurants, RT 9, the Common and all that Natick Center has to offer. Top unit is empty for immediate occupancy. First floor unit is rented for $2,000 per month until November 1st, 2022.

Last Agent to Sell the Property

Sharon Tang

U3 Realty, LLC Listed on: 05/11/2022

Last Buyer's Agent

Yuki Wang

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,718

Year Built

  • Built in 1915

Lot Details

  • 6,390 Sq Ft Lot
  • Level Lot

Home Design

  • Duplex
  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 2,590 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

  • Natick High School

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating Available

Community Details

  • 2 Units
  • Net Operating Income $24,000

Listing and Financial Details

  • Total Actual Rent $2,000
  • Rent includes unit 1(water)
  • Assessor Parcel Number 669415

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,718

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1915
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Tile,Wood Laminate, Unit 1(undefined), Unit 2(Tile Floor)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 2(Upgraded Cabinets,Bathroom with Shower Stall,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer)
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Unfinished
  • Living Area: 2590
  • Stories Total: 3
  • MAIN LO: AN3022
  • MAIN SO: AN2383

Exterior Features

  • Exterior Features: Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Deck - Wood
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None)
  • Heating: Unit 1(Hot Water Baseboard,Gas,Unit Control), Unit 2(Hot Water Baseboard,Gas)
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water)

Lot Info

  • Parcel Number: 669415
  • Zoning: Residentia
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.15
  • Lot Size Sq Ft: 6390
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9718.19

Multi Family

  • Net Operating Income: 24000
  • Number Of Units Total: 2
  • Total Actual Rent: 2000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: Y

MLS Schools

  • High School: Natick High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2015
Closed on
Feb 1, 2016
Sold by
D & D Rt
Bought by
Xu Hong
Seller's Agent
Debi Benoit
William Raveis R.E. & Home Services
Buyer's Agent
Toula Sfougaristos
Berkshire Hathaway HomeServices Commonwealth Real Estate
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%
Current Estimated Value
$1,025,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$375,294
Avg. Annual Appreciation
4.67%
Original Mortgage
$455,000
Outstanding Balance
$351,119
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$674,175

Purchase Details

Closed on
Feb 26, 2013
Sold by
Tilton Donald B and Tilton Deanna B
Bought by
D & D Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2013
Sold by
D & D Rt
Bought by
Tilton Donlad B and Tilton Deanna B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2004
Sold by
Machado Karen
Bought by
D & D Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 2002
Sold by
Jibai Jamal A
Bought by
Machado Karen

Purchase Details

Closed on
Jul 1, 1998
Sold by
Fitzpatrick M P Est
Bought by
Jibai Jamal A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage
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
Xu Hong $650,000 --
D & D Rt -- --
Tilton Donlad B -- --
D & D Rt $475,000 --
Machado Karen $90,000 --
Jibai Jamal A $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Hong $455,000
Previous Owner Tilton Donlad B $325,000
Previous Owner D & D Rt $380,000
Previous Owner Jibai Jamal A $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2022 06/24/22 Sold $905,000 +0.7% $349 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/11/2022 05/11/22 For Sale $899,000 +38.3% $347 / Sq Ft
02/01/2016 02/01/16 Sold $650,000 -6.5% $251 / Sq Ft View Prior Sale
12/14/2015 12/14/15 Pending -- -- --
11/05/2015 11/05/15 For Sale $695,000 -- $268 / 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 $11,008 $920,400 $409,400 $511,000
2024 $10,438 $851,400 $386,600 $464,800
2023 $10,083 $797,700 $363,900 $433,800
2022 $9,718 $728,500 $332,000 $396,500
2021 $9,300 $683,300 $313,900 $369,400
2020 $8,690 $638,500 $286,600 $351,900
2019 $8,115 $638,500 $286,600 $351,900
2018 $8,268 $633,600 $272,900 $360,700
2017 $7,313 $542,100 $241,100 $301,000
2016 $6,908 $509,100 $226,500 $282,600
2015 $7,106 $514,200 $226,500 $287,700
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72979320

MLS Property Information Network (MLS PIN)

APN: NATI-000036-000000-000135