NOT LISTED FOR SALE

Estimated Value: $1,082,000 - $1,191,000

4 Beds
2 Baths
2,272 Sq Ft
$499/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $523,000 $230 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $6,948/month

28 Days on Market

About This Home

As of May 2013

Great opportunity for INVESTORS & owner-occupants! Well maintained two-family home in the Lowell School District near Victory Field on the Belmont line. This home features two units with excellent rental-income. Units include: central a/c, hardwood floors, updates in kitchen with newer appliances, built-in's, spacious living rooms, 3-enclosed porches, walk-up attic w/expansion potential, private backyard, basement w/storage & 2-car garage. Unit 1 De-Lead Certified.

Last Agent to Sell the Property

Barry Cohen

Coldwell Banker Realty - Newton Listed on: 04/03/2013

Coldwell Banker Realty - Newton

Last Buyer's Agent

Dan Liu

Lexwin Realty

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,526

Year Built

1915

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1915

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Park, Public School
  • Electric: 100 Amps, Individually Metered
  • Energy: Insulated Windows, Storm Doors
  • Flooring: Vinyl, Hardwood
  • Basement: Full, Walk Out

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed, Patio, Covered Patio/Deck
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street, Tandem
  • Parking Spaces: 4

Utilities

  • Cooling Zones: 2
  • Heat Zones: 2
  • Hot Water: Oil, Tankless
  • Utility Connections: for Gas Range, for Gas Oven, Washer Hookup

Schools

  • Elementary School: Lowell
  • Middle School: Middle School
  • High School: High School

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2013
Closed on
Jun 3, 2013
Sold by
Tom Bonnie W and Limner Fritz
Bought by
Zhang Yongjun and Wu Jun
Seller's Agent
Barry Cohen
Coldwell Banker Realty - Newton
Buyer's Agent
Dan Liu
Lexwin Realty
List Price
$490,000
Sold Price
$523,000
Premium/Discount to List
$33,000
6.73%
Current Estimated Value
$1,132,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$609,611
Avg. Annual Appreciation
6.44%
Original Mortgage
$390,000
Outstanding Balance
$276,929
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$855,682

Purchase Details

Closed on
Nov 21, 2008
Sold by
Smith Karen R
Bought by
Tom Bonnie W and Limner Fritz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,200
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Zhang Yongjun $523,000 --
Zhang Yongjun $523,000 --
Tom Bonnie W $468,000 --
Tom Bonnie W $468,000 --
Tom Bonnie W $468,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Yongjun $390,000
Closed Zhang Yongjun $390,000
Previous Owner Tom Bonnie W $413,000
Previous Owner Tom Bonnie W $421,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2013 05/31/13 Sold $523,000 +6.7% $230 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
04/03/2013 04/03/13 For Sale $490,000 -- $216 / 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 $11,526 $986,800 $518,700 $468,100
2024 $10,493 $896,800 $504,800 $392,000
2023 $11,823 $870,600 $482,800 $387,800
2022 $10,995 $829,800 $438,900 $390,900
2021 $9,832 $802,600 $424,300 $378,300
2020 $9,476 $780,600 $409,700 $370,900
2019 $9,207 $714,800 $409,700 $305,100
2018 $8,844 $656,600 $380,400 $276,200
2017 $8,460 $609,100 $332,900 $276,200
2016 $8,082 $590,800 $314,600 $276,200
2015 $7,348 $488,900 $278,000 $210,900
2014 $7,040 $470,600 $259,700 $210,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71502369

MLS Property Information Network (MLS PIN)

APN: WATE-000416-000010-000201B