NOT LISTED FOR SALE

8 Newton St Southborough, MA 01772

Estimated Value: $1,006,146 - $1,311,000

7 Beds
5 Baths
3,800 Sq Ft
$292/Sq Ft Est. Value

Last Sold November 30, 2017

Last sale price $615,000 $162 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,872/month

4 Days on Market

About This Home

As of November 2017

Now's your opportunity to own an appealing income property that works! With it's charm and unique unit layouts, this property has been fully leased almost 100% of the time over the past twelve years. Units A & B are mirror image layouts, and each has two living levels that include lower level master bedroom plus an additional bonus room perfect for home office/storage/guest room. Tenants for A/B each have a patio area in rear. Unit C which is the whole top floor of house, has 3 bedrooms w/hardwood floors, a large eat in kitchen, spacious living room and sunlit hallway with vaulted ceiling/skylights. Off of the eat in kitchen is a large deck that runs the width of house. Unit C also has a second deck on the front of house. There's laundry hook-ups in each unit and parking for 2 cars/unit. Yard is shared. Tenants love that it's so convenient to major routes Mass Pike/495/30/9. NOTE:Due to limited number of photos not all rooms are shown in photographs. SUCH A GREAT HOUSE!!!

Last Agent to Sell the Property

Lynn Schreiner

Realty Executives Boston West Listed on: 10/25/2017

Realty Executives Boston West

Last Buyer's Agent

Lynn Schreiner

Realty Executives Boston West Listed on: 10/25/2017

Realty Executives Boston West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,127

Year Built

  • 1890

Lot Details

  • 6,534

Utilities

  • Private Sewer

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,127

Year Built

1890

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Year Round: Yes
  • Insc: 4674
  • Year Built Description: Actual, Renovated Since
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 15
  • Amenities: Shopping, Highway Access, Private School, Public School, T-Station
  • Energy: Insulated Windows
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Basement: Partial, Interior Access, Sump Pump, Concrete Floor, Unfinished Basement
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Levels: 5
  • Main Lo: BB5398
  • Main So: BB5398
  • Estimated Sq Ft: 3800.00

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck - Wood, Patio
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street, Common, Paved Driveway
  • Parking Spaces: 7

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup
  • Sewer: Private Sewerage
  • Water: City/Town Water
  • Electric: 542

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Zoning: BV
  • Acre: 0.15
  • Lot Size: 6534.00

Multi Family

  • Expenses Year End: 12/16
  • Total Bedrooms: 7
  • Total Floors: 4
  • Total Full Baths: 3
  • Total Half Baths: 2
  • Total Levels: 3
  • Total Rms: 15
  • Total Rent_1: 4800
  • Multi Family Type: 3 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2017
Closed on
Nov 30, 2017
Sold by
Waechter Carol L
Bought by
Doyle Newton Llc
Seller's Agent
Lynn Schreiner
Realty Executives Boston West
Buyer's Agent
Lynn Schreiner
Realty Executives Boston West
List Price
$599,000
Sold Price
$615,000
Premium/Discount to List
$16,000
2.67%
Current Estimated Value
$1,108,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$493,382
Avg. Annual Appreciation
7.97%

Purchase Details

Closed on
Jan 28, 2003
Sold by
Mcguinness Nora P and Zussman Samuel
Bought by
Waechter Carol L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 17, 1993
Sold by
Fnma
Bought by
Parry David

Purchase Details

Closed on
Jun 22, 1992
Sold by
Smith Gregg A
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 5, 1990
Sold by
Phaneuf Laura Lee
Bought by
Smith Gregg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
9.61%
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
Doyle Newton Llc $615,000 --
Waechter Carol L $515,000 --
Parry David $57,680 --
Federal National Mortgage Association $85,000 --
Smith Gregg $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doyle Prop Llc $1,000,000
Closed Doyle Newton Llc $430,000
Previous Owner Waechter Carol L $25,000
Previous Owner Waechter Carol L $457,500
Previous Owner Waechter Carol L $15,000
Previous Owner Waechter Carol L $457,500
Previous Owner Phaneuf Laura Lee $412,000
Previous Owner Phaneuf Laura Lee $130,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2017 11/30/17 Sold $615,000 +2.7% $162 / Sq Ft
10/29/2017 10/29/17 Pending -- -- --
10/25/2017 10/25/17 For Sale $599,000 0.0% $158 / Sq Ft
07/28/2016 07/28/16 Rented $1,600 0.0% --
07/20/2016 07/20/16 Under Contract -- -- --
07/13/2016 07/13/16 For Rent $1,600 -- --
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 $10,127 $733,300 $269,500 $463,800
2024 $9,544 $686,100 $269,500 $416,600
2023 $9,931 $672,800 $258,200 $414,600
2022 $9,960 $611,800 $224,500 $387,300
2021 $3,934 $592,800 $206,500 $386,300
2020 $9,863 $592,000 $193,800 $398,200
2019 $3,348 $556,800 $189,300 $367,500
2018 $7,800 $483,300 $183,200 $300,100
2017 $7,461 $455,500 $183,200 $272,300
2016 $6,777 $428,400 $170,500 $257,900
2015 $6,882 $429,600 $157,900 $271,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72247180

MLS Property Information Network (MLS PIN)

APN: SBOR-000054-000000-000047