NOT LISTED FOR SALE

Estimated Value: $492,000 - $924,000

5 Beds
3 Baths
2,874 Sq Ft
$237/Sq Ft Est. Value

Last Sold November 23, 2015

Last sale price $310,000 $108 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $4,299/month

119 Days on Market

About This Home

As of November 2015

Back on Market due to buyer's financing! Looking for an investment property with immediate income...look no further. All three units are rented and second floor and basement in lease through 4/2016 and first floor through 8/2016. Great location for commuters with easy access to Rte.128 and close to Quincy Adams T-station. Separate heat, electric and hot water for each unit. Sale includes separate washers and dryers located in the basement for two units and a dryer for one unit! Two car garage on property and patio area for grills are just some of what this home has to offer. Property is being sold as is (inspections will be for informational purposes only) All photos of vacant apartments currently occupied. Showings are being scheduled at specified times each week. No individual showings. Property will not qualify for FHA financing. Next showing Sun Sept 6 at 12pm by APPOINTMENT ONLY please contact listing agent.

Last Agent to Sell the Property

Christopher Rapacioli

Coldwell Banker Realty - Franklin Listed on: 05/12/2015

Coldwell Banker Realty - Franklin

Last Buyer's Agent

Dan Ton

Kava Realty Group, Inc.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,047

Year Built

1925

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Fenced/Enclosed, Level
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1925

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 12
  • Basement: Full

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Exterior: Asbestos
  • Exterior Features: Deck
  • Foundation: Concrete Block

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 5

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Assessor Parcel Number: M:12 B:I L:00506
  • Zoning: RH

Multi Family

  • Expenses Year End: 12/14
  • Common Room: Laundry
  • Total Bedrooms: 5
  • Total Floors: 4
  • Total Full Baths: 3
  • Total Levels: 2
  • Total Rms: 11
  • Total Rent_1: 3050

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2015
Closed on
Nov 23, 2015
Sold by
Varzaru Sorin
Bought by
Tran Doanh V and Nguyen Minh T
Seller's Agent
Christopher Rapacioli
Coldwell Banker Realty - Franklin
Buyer's Agent
Dan Ton
Kava Realty Group, Inc.
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Current Estimated Value
$681,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,294
Avg. Annual Appreciation
8.28%
Original Mortgage
$232,500
Outstanding Balance
$183,877
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$489,762

Purchase Details

Closed on
Jul 16, 2004
Sold by
Barbiere Jacqueline and Padula Joseph D
Bought by
Varzaru Sorin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Tran Doanh V $310,000 --
Varzaru Sorin $370,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Doanh V $232,500
Previous Owner Varzaru Sorin $238,100
Previous Owner Varzaru Sorin $75,000
Previous Owner Varzaru Sorin $296,000
Previous Owner Varzaru Sorin $74,000
Previous Owner Padula Joseph D $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2015 11/23/15 Sold $310,000 -4.6% $108 / Sq Ft
09/08/2015 09/08/15 Pending -- -- --
05/12/2015 05/12/15 For Sale $325,000 -- $113 / 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 $7,047 $607,000 $255,500 $351,500
2024 $6,892 $601,900 $250,400 $351,500
2023 $6,773 $560,700 $227,600 $333,100
2022 $6,382 $469,300 $189,600 $279,700
2021 $6,471 $437,800 $158,100 $279,700
2020 $6,170 $413,800 $158,100 $255,700
2019 $5,865 $391,500 $150,500 $241,000
2018 $5,472 $344,600 $136,800 $207,800
2017 $4,793 $296,200 $130,400 $165,800
2016 $5,384 $309,600 $118,500 $191,100
2015 $5,101 $281,800 $112,800 $169,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71834418

MLS Property Information Network (MLS PIN)

APN: RAND-000012-I000000-000506