NOT LISTED FOR SALE

Estimated Value: $1,198,000 - $1,423,000

4 Beds
2 Baths
2,208 Sq Ft
$592/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $1,010,000 $457 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $7,737/month

41 Days on Market

Highlights

  • Wood Flooring
  • 2 Fireplaces
  • Hot Water Heating System
  • Mary Lee Burbank Elementary School Rated A+
  • Porch

About This Home

As of September 2021

A classic ten room sun-filled two-family sited on a 5,800 sq.ft. Lot. Each unit offers five rooms, two bedrooms, eat-in-kitchen and one full bath. Featuring hardwood floors and fireplace, the second floor is vacant and the first-floor unit is rented for $1,700. Each unit has their own driveway for convenient off-street parking as well as a wonderful shared yard. This property is being sold "AS IS" and awaits your updates. Ideal for investors, developers, or end users. Conveniently located with proximity to restaurants and local amenities, public transportation as well as major routes Cambridge and Boston. We will have limited access for showings on the 1st floor.

Last Agent to Sell the Property

Peter Bouchie

Coldwell Banker Realty - Belmont Listed on: 06/10/2021

Coldwell Banker Realty - Belmont

Last Buyer's Agent

Huihua Huang

Feng Shui Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,059

Year Built

  • Built in 1973

Lot Details

  • 5,663

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,208 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Insulated Windows
  • Partial Basement
  • Electric Dryer Hookup

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Schools

  • Chenery Middle School
  • BHS High School

Utilities

  • No Cooling
  • 2 Heating Zones
  • Hot Water Heating System
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Porch
  • 5,663 Sq Ft Lot

Community Details

  • 2 Units
  • Net Operating Income $20,400

Listing and Financial Details

  • Total Actual Rent $1,700
  • Assessor Parcel Number M:22 P:000080 S:,359062

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,059

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1973
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Carpet
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen)
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Partial
  • Living Area: 2208
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: AN6181
  • MAIN SO: AC0313

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, for Electric Dryer
  • Cooling: None
  • Heating: Hot Water
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: MWRA
  • HEAT ZONES: 2

Lot Info

  • Parcel Number: M:22 P:000080 S:,359062
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5662.8
  • Lot Size Units: Acres
  • LOT SIZE: 5800

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 12059

Multi Family

  • Net Operating Income: 20400
  • Number Of Units Total: 2
  • Total Actual Rent: 1700
  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • High School: Bhs
  • Middle Or Junior School: Chenery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Sep 10, 2021
Sold by
Linda D Defabritis Ret
Bought by
Li Zhonggai and Huang Huihua
Seller's Agent
Peter Bouchie
Coldwell Banker Realty - Belmont
Buyer's Agent
Huihua Huang
Feng Shui Realty
List Price
$1,050,000
Sold Price
$1,010,000
Premium/Discount to List
-$40,000
-3.81%
Current Estimated Value
$1,268,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,403
Avg. Annual Appreciation
6.25%
Original Mortgage
$757,500
Outstanding Balance
$688,756
Interest Rate
2.75%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$617,907

Purchase Details

Closed on
Jun 15, 2011
Sold by
Defabritiis Joseph and Defabritiis Linda D
Bought by
Linda D Defabritiis Re and Defabritiis Joseph

Purchase Details

Closed on
Apr 1, 1993
Sold by
Manjourides Debra J
Bought by
Defabritiis Joseph and Defabritiis Linda D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Li Zhonggai $1,010,000 None Available
Linda D Defabritiis Re -- --
Defabritiis Joseph $239,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Zhonggai $757,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2021 09/10/21 Sold $1,010,000 -3.8% $457 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
06/10/2021 06/10/21 For Sale $1,050,000 -- $476 / 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 $12,780 $1,122,000 $765,000 $357,000
2024 $10,518 $996,000 $763,000 $233,000
2023 $10,948 $974,000 $765,000 $209,000
2022 $10,254 $887,000 $659,000 $228,000
2021 $12,059 $1,045,000 $856,000 $189,000
2020 $9,724 $884,000 $685,000 $199,000
2019 $7,924 $679,000 $448,000 $231,000
2018 $7,472 $615,000 $384,000 $231,000
2017 $7,398 $583,000 $352,000 $231,000
2016 $7,184 $572,000 $343,000 $229,000
2015 $6,386 $495,000 $306,000 $189,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72847305

MLS Property Information Network (MLS PIN)

APN: BELM-000022-000080