NOT LISTED FOR SALE

Estimated Value: $856,000 - $888,000

6 Beds
3 Baths
2,807 Sq Ft
$310/Sq Ft Est. Value

Last Sold January 23, 2015

Last sale price $400,000 $143 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $5,136/month

154 Days on Market

About This Home

As of January 2015

Checkout this income producing 3-unit multi-family investment property. All the units are rented, and property is generating positive cash-flow income. Convenient access to major highways and local routes - just 0.2 miles from I-95 rotary, and less than 5 minutes drive to I-93, Rt-3, malls, shopping, schools, etc. This property was completely rebuilt and fully insulated in 1970, and has a good size backyard space for summertime fun activities. Heating system installed in 2011. Seller is motivated.

Last Agent to Sell the Property

Ebby Okafor

Keller Williams Realty Evolution License #449539356 Listed on: 07/23/2014

Last Buyer's Agent

Nick Moscaritolo

Nicolas Moscaritolo

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,262

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 12
  • Amenities: Shopping, Highway Access, Public School
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Wood, Wall to Wall Carpet
  • Basement: Full

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Aluminum
  • Exterior Features: Deck
  • Foundation: Fieldstone

Garage/Parking

  • Parking Spaces: 4

Utilities

  • Heat Zones: 3
  • Hot Water: Oil

Schools

  • Middle School: Kennedy
  • High School: Woburn Memorial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2014
Closed on
Jan 23, 2015
Sold by
Alston Rt
Bought by
Commonweslth Invest Pr
Seller's Agent
Ebby Okafor
Keller Williams Realty Evolution
Buyer's Agent
Nick Moscaritolo
Nicolas Moscaritolo
List Price
$510,000
Sold Price
$400,000
Premium/Discount to List
-$110,000
-21.57%
Current Estimated Value
$870,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$470,159
Avg. Annual Appreciation
7.38%
Original Mortgage
$300,000
Interest Rate
3.96%
Mortgage Type
New Conventional
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
Commonweslth Invest Pr $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Commonweslth Invest Pr $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2015 01/23/15 Sold $400,000 -21.6% $143 / Sq Ft
12/24/2014 12/24/14 Pending -- -- --
07/23/2014 07/23/14 For Sale $510,000 -- $182 / 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 $6,262 $733,300 $328,600 $404,700
2024 $5,699 $707,100 $312,900 $394,200
2023 $5,760 $662,100 $284,500 $377,600
2022 $5,448 $583,300 $247,400 $335,900
2021 $5,332 $571,500 $235,600 $335,900
2020 $4,842 $519,500 $235,600 $283,900
2019 $4,473 $470,800 $224,400 $246,400
2018 $4,414 $446,300 $205,800 $240,500
2017 $3,967 $399,100 $196,000 $203,100
2016 $4,020 $400,000 $183,200 $216,800
2015 $3,946 $388,000 $171,200 $216,800
2014 $3,902 $373,800 $171,200 $202,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71718241

MLS Property Information Network (MLS PIN)

APN: WOBU-000029-000008-000014