NOT LISTED FOR SALE

8 Adams Terrace Unit 10 Newton, MA 02458

Nonantum Neighborhood

Estimated Value: $844,000 - $1,166,192

4 Beds
4 Baths
2,070 Sq Ft
$511/Sq Ft Est. Value

Last Sold July 29, 2015

Last sale price $599,000 $289 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $6,661/month

33 Days on Market

About This Home

As of July 2015

Townhome style 2-family perfect for investment or for an owner-occupant looking for a tenant to cover most of the mortgage costs (Unit 10 is currently rented below market rate, so cap rate can only go up!) Situated on a private way, the 2 bedroom/2 full bath units have large eat-in kitchens, generously-sized family rooms and bedrooms, lots of storage in separated basements, and a backyard. A new roof was put on in 2009, new water heaters in 2012 and 2014, and was converted to gas heat. In addition, Unit 10 has a lead compliance certificate. Ideally situated close to public transportation, down the street from shops and restaurants, and just minutes to the Mass Pike. This property is a perfect place to start your own real estate empire. First showing at the Sunday open house.

Last Listed By

Beacon Group

Coldwell Banker Realty - Newton Listed on: 05/27/2015

Coldwell Banker Realty - Newton

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,545

Year Built

1880

Lot Details

0

Listing Details

  • Lot Description: Level
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1880

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Park, Highway Access
  • Electric: Individually Metered
  • Flooring: Wood, Laminate
  • Basement: Full

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Foundation: Other (See Remarks)

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank

Schools

  • Elementary School: Lincoln-Eliot
  • Middle School: Bigelow
  • High School: Newton North Hs

Lot Info

  • Assessor Parcel Number: S:14 B:014 L:0007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2015
Closed on
Jul 29, 2015
Sold by
Anastasia Paul D and Anastasia Karen
Bought by
Zak Victor and Zak Masha
Seller's Agent
Beacon Group
Coldwell Banker Realty - Newton
Buyer's Agent
Beacon Group
Coldwell Banker Realty - Newton
List Price
$615,000
Sold Price
$599,000
Premium/Discount to List
-$16,000
-2.6%
Total Days on Market
33
Current Estimated Value
$1,058,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,048
Avg. Annual Appreciation
7.19%
Original Mortgage
$449,200
Outstanding Balance
$358,326
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$823,405

Purchase Details

Closed on
Feb 11, 2004
Sold by
Anastasia Karen and Anastasia Paul D
Bought by
P&K Rt and Anastasia Karen

Purchase Details

Closed on
Jun 23, 2003
Sold by
Anastasia Karen and Anastasia Paul D
Bought by
P & K Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,100
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2003
Sold by
Abramowitz Elaine and Goldberg Elaine
Bought by
Anastasia Karen and Anastasia Paul D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$355,100
Interest Rate
5.84%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

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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
Zak Victor $599,000 --
P&K Rt -- --
P & K Rt -- --
Anastasia Karen $475,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zak Victor $449,200
Previous Owner Anastasia Paul D $305,000
Previous Owner Anastasia Karen $352,500
Previous Owner Anastasia Karen $355,100
Previous Owner Abramowitz Elaine $267,700
Previous Owner Abramowitz Elaine $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2015 07/29/15 Sold $599,000 -2.6% $289 / Sq Ft
06/29/2015 06/29/15 Pending -- -- --
05/27/2015 05/27/15 For Sale $615,000 -- $297 / 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 $9,545 $974,000 $590,900 $383,100
2024 $9,229 $945,600 $573,700 $371,900
2023 $8,791 $863,600 $448,800 $414,800
2022 $8,412 $799,600 $415,600 $384,000
2021 $7,894 $733,600 $381,300 $352,300
2020 $7,659 $733,600 $381,300 $352,300
2019 $7,165 $685,600 $356,400 $329,200
2018 $7,046 $651,200 $335,300 $315,900
2017 $6,643 $597,400 $307,600 $289,800
2016 $5,707 $501,500 $282,200 $219,300
2015 $5,442 $468,700 $263,700 $205,000
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2015

    Beacon Group

    Coldwell Banker Realty - Newton

    (617) 480-5480

    1 in this area

    110 Total Sales

    Beacon Group
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71845390

MLS Property Information Network (MLS PIN)

APN: NEWT-000014-000014-000007

Massachusetts Middlesex County Newton 02458 Nonantum

8 Adams Terrace Unit 10, Newton, MA

Homes for Sale in Newton, MA

This home is located at 8 Adams Terrace Unit 10, Newton, MA 02458 since 27 May 2015 and is currently estimated at $1,058,048, approximately $511 per square foot. This property was built in 1880. 8 Adams Terrace Unit 10 is a home located in Middlesex County with nearby schools including Lincoln-Eliot Elementary School, Bigelow Middle School, and Newton North High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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