NOT LISTED FOR SALE

74 Prospect St Watertown, MA 02472

West Watertown Neighborhood

Estimated Value: $999,000 - $1,095,032

5 Beds
2 Baths
2,328 Sq Ft
$449/Sq Ft Est. Value

Last Sold August 07, 2015

Last sale price $515,000 $221 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $6,465/month

50 Days on Market

About This Home

As of August 2015

2-Family Home in Desirable Watertown Location with TWO DRIVEWAYS one on each side of house! Parking for BOTH units off street. Great Investment Opportunity!! Large spacious units w/ hardwood floors, custom built-in cabinets, outdoor space & great layout! Good size kitchens w/ dining area! Nice lot w/ fenced in back yard, patio area & 2 decks! Laundry available in unit! Ample storage space! Prime location w/ easy access to public transportation, major routes, shopping, dining, parks & more! House does need some updating. With the right updates the house could be a cash cow!

Last Agent to Sell the Property

Listing Group

Lamacchia Realty, Inc. Listed on: 05/19/2015

Last Buyer's Agent

Joselin Malkhasian

Lamacchia Realty, Inc.

Lamacchia Realty, Inc.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,769

Year Built

1930

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 11
  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Laundromat, Bike Path, Highway Access, Public School, T-Station
  • Electric: Circuit Breakers, 100 Amps, Individually Metered
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Vinyl, Hardwood
  • Basement: Full, Interior Access, Bulkhead, Sump Pump, Concrete Floor

Exterior Features

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

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Hot Water: Natural Gas, Tank

Schools

  • Elementary School: Cunniff Elemen.
  • Middle School: Watertown Jr.
  • High School: Watertown High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2015
Closed on
Aug 7, 2015
Sold by
Anastasi Ft
Bought by
Malkhasian Tadevos and Malkhasian Joselin B
Seller's Agent
Listing Group
Lamacchia Realty, Inc.
Buyer's Agent
Joselin Malkhasian
Lamacchia Realty, Inc.
List Price
$575,000
Sold Price
$515,000
Premium/Discount to List
-$60,000
-10.43%
Current Estimated Value
$1,045,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$530,258
Avg. Annual Appreciation
6.79%
Original Mortgage
$412,000
Outstanding Balance
$334,438
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$664,389
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
Malkhasian Tadevos $515,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malkhasian Tadevos $412,000
Closed Malkhasian Tadevos $412,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2015 08/07/15 Sold $515,000 -10.4% $221 / Sq Ft
07/08/2015 07/08/15 Pending -- -- --
05/19/2015 05/19/15 For Sale $575,000 -- $247 / 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 $9,769 $836,400 $448,600 $387,800
2024 $8,574 $732,800 $444,800 $288,000
2023 $9,620 $708,400 $423,600 $284,800
2022 $9,139 $689,700 $402,500 $287,200
2021 $8,159 $666,000 $388,300 $277,700
2020 $7,846 $646,300 $374,200 $272,100
2019 $7,505 $582,700 $360,100 $222,600
2018 $7,473 $554,800 $353,000 $201,800
2017 $7,020 $505,400 $303,600 $201,800
2016 $7,349 $537,200 $289,500 $247,700
2015 $6,827 $454,200 $268,300 $185,900
2014 $6,478 $433,000 $247,100 $185,900
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Listing Group

    Lamacchia Realty, Inc.

  • Joselin Malkhasian

    Buyer's Agent in 2015

    Joselin Malkhasian

    Lamacchia Realty, Inc.

    (781) 316-5279

    12 in this area

    201 Total Sales

    Joselin Malkhasian
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71840142

MLS Property Information Network (MLS PIN)

APN: WATE-000504-000004C

Massachusetts Middlesex County Watertown 02472 West Watertown

74 Prospect St, Watertown, MA

This home is located at 74 Prospect St, Watertown, MA 02472 since 19 May 2015 and is currently estimated at $1,045,258, approximately $448 per square foot. This property was built in 1930. 74 Prospect St is a home located in Middlesex County with nearby schools including The Kendall School, JCDS, Boston's Jewish Community Day School, and Beacon High School.

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MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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