NOT LISTED FOR SALE

Estimated Value: $818,000 - $1,019,000

5 Beds
2 Baths
2,211 Sq Ft
$404/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $635,000 $287 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,455/month

92 Days on Market

About This Home

As of August 2020

Welcome to 86 Reed Avenue. Located in one of Everett's premiere neighborhoods! Investors and owner occupants, this turn key two family has it all. The layout has a single family feel with an in-law unit above grade. Unit 1 is a 2 bedroom with galley kitchen and big bedrooms with a newly renovated bathroom, spacious living room and laundry hookups. Unit 2 is a 3/4 bedroom duplex with a huge bedroom on the first floor with a great flowing kitchen leading into a living room and dinning room. The second floor contains another large bedroom considered the master, a large bathroom and another large room that could be used as a bedroom/study plus an additional bedroom. Recent upgrades in the property consist of new tankless gas heating systems and newly renovated bathroom in unit 1 and 2. There are 2 driveways as well.

Last Agent to Sell the Property

Branch Out Residential Team

Coldwell Banker Realty - Boston Listed on: 03/02/2020

Coldwell Banker Realty - Boston

Co-Listed By

Peter Pezzano

Rise Signature Homes

Last Buyer's Agent

Naomi Malabre

RE/MAX Real Estate Center

RE/MAX Real Estate Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,625

Year Built

  • Built in 1900

Lot Details

  • 1,742

Utilities

  • Tankless Water Heater
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number M:M0 B:02 L:00190B

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,625

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 293.98
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Total Flrs: 3
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 11
  • Main Lo: AN2383
  • Main So: BB5153
  • Estimated Sq Ft: 2211.00

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Hot Water: Natural Gas, Tankless

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School

Lot Info

  • Assessments: 568800.00
  • Acre: 0.04
  • Lot Size: 1934.00
  • Page: 465
  • Parcel Number: M:M0 B:02 L:00190B
  • Zoning: DD

Multi Family

  • Total Levels: 3
  • Total Rent: 1400
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 6052.00
  • Assessor Parcel Number: 484266

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Aug 7, 2020
Sold by
Kagramanov Ruslan and Kagramanova Evgeniia
Bought by
Simpson Mekailah
Seller's Agent
Branch Out Residential Team
Coldwell Banker Realty - Boston
Buyer's Agent
Naomi Malabre
RE/MAX Real Estate Center
List Price
$650,000
Sold Price
$635,000
Premium/Discount to List
-$15,000
-2.31%
Current Estimated Value
$893,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,169
Avg. Annual Appreciation
6.02%
Original Mortgage
$623,498
Outstanding Balance
$559,270
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$297,495

Purchase Details

Listed on
Sep 18, 2018
Closed on
Nov 30, 2018
Sold by
Vaquerano Edwin A
Bought by
Kagramanov Ruslan and Kagramanov Evgeniia
Seller's Agent
Peggy Calle
Century 21 North East
Buyer's Agent
Louis Gordon
CENTURY 21 Revolution
List Price
$584,900
Sold Price
$555,000
Premium/Discount to List
-$29,900
-5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.19%
Original Mortgage
$471,750
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 1, 2015
Closed on
Jul 29, 2015
Sold by
Mccormick Lianna and Ferrara Ryan J
Bought by
Vaquerano Edwin A
Seller's Agent
Property Solutions Edge
M. Celata Real Estate
Buyer's Agent
Peggy Calle
Century 21 North East
List Price
$479,900
Sold Price
$464,000
Premium/Discount to List
-$15,900
-3.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.49%
Original Mortgage
$461,487
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 18, 2011
Sold by
Rodriguez Francisco R
Bought by
Mccormick Lianna

Purchase Details

Closed on
Aug 3, 2010
Sold by
Rodriguez Francisco R and Rodriguez Trinidad Popoca
Bought by
Rodriguez Francisco R

Purchase Details

Closed on
Jan 3, 2006
Sold by
Morris Gertrude A
Bought by
Rodriguez Francisco R and Derodriguez Trinidad P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 16, 1990
Sold by
Cimino Mary E
Bought by
Morris Gertrude A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,650
Interest Rate
10.03%
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
Simpson Mekailah $635,000 None Available
Kagramanov Ruslan $555,000 --
Vaquerano Edwin A $470,000 --
Mccormick Lianna $210,000 --
Rodriguez Francisco R -- --
Rodriguez Francisco R $430,000 --
Morris Gertrude A $127,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson Mekailah $623,498
Previous Owner Kagramanov Ruslan $471,750
Previous Owner Vaquerano Edwin A $461,487
Previous Owner Rodriguez Francisco R $430,000
Previous Owner Morris Gertrude A $120,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $635,000 -2.3% $287 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $650,000 +2.4% $294 / Sq Ft
03/27/2020 03/27/20 Off Market $635,000 -- --
03/11/2020 03/11/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $650,000 +17.1% $294 / Sq Ft
11/30/2018 11/30/18 Sold $555,000 -2.6% $251 / Sq Ft
10/18/2018 10/18/18 Pending -- -- --
10/09/2018 10/09/18 Price Changed $569,900 -2.6% $258 / Sq Ft
09/18/2018 09/18/18 For Sale $584,900 +26.1% $265 / Sq Ft
07/27/2015 07/27/15 Sold $464,000 -3.3% $202 / Sq Ft
06/27/2015 06/27/15 Pending -- -- --
06/01/2015 06/01/15 For Sale $479,900 -- $209 / 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 $8,625 $757,200 $236,900 $520,300
2024 $7,957 $694,300 $210,500 $483,800
2023 $7,701 $653,700 $193,000 $460,700
2022 $6,368 $614,700 $184,200 $430,500
2021 $5,736 $581,200 $164,900 $416,300
2020 $6,052 $568,800 $164,900 $403,900
2019 $6,772 $547,000 $157,000 $390,000
2018 $6,719 $487,600 $136,900 $350,700
2017 $6,472 $448,200 $105,300 $342,900
2016 $3,912 $270,700 $105,300 $165,400
2015 $3,688 $252,400 $98,900 $153,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72626839

MLS Property Information Network (MLS PIN)

APN: EVER-000000-M000002-000190B