NOT LISTED FOR SALE

9 Craigie Terrace Unit 11 Newtonville, MA 02460

Newtonville Neighborhood

Estimated Value: $1,398,000 - $1,791,000

4 Beds
2 Baths
2,528 Sq Ft
$628/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $1,270,000 $502 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $9,464/month

8 Days on Market

About This Home

As of November 2021

Fantastic opportunity for investors or for the buyer who prefers an owner-occupied property in a prime location! This multi-family residence offers two-bedroom units, each with updated kitchen and bathroom, and in-unit laundry. The first-floor unit has a family room, and the second-floor unit has a lovely screened-in porch, perfect for three-season entertaining. There is a two-car garage plus two-car parking in the driveway. Plenty of extra storage in the unfinished basement. Sited on a cul-de-sac and set amongst several high-priced single-family homes. This property is in proximity to Newton North High School, The Newton Free Library, and one mile to the commuter rail station.

Last Agent to Sell the Property

Janice Lipof

Hammond Residential Real Estate Listed on: 09/22/2021

Hammond Residential Real Estate

Last Buyer's Agent

The Residential Group

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,912

Year Built

  • 1928

Lot Details

  • 6,534

Parking

  • 2

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,912

Year Built

1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Rt 9 to Walnut to Lowell Ave
  • Garage Yn: Yes
  • Road Frontage Type: Dead End
  • Year Built Details: Approximate,Renovated Since
  • Special Features: None
  • Year Built: 1928

Interior Features

  • Appliances: Unit 1(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Gas Water Heater
  • Has Basement: Unfinished
  • Total Bathrooms: 2
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 505.93
  • PRICE PER Sq Ft: 502.37
  • MAIN SO: M59500
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Tile,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors,Stone/Ceramic Tile Floor)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Family Room), Unit 2 Rooms(Dining Room,Kitchen,Family Room,Sunroom)
  • Stories: 3

Exterior Features

  • Roof: Shingle
  • Foundation Details: Block, Stone, Irregular
  • Construction Type: Frame
  • Disclosures: Age Of Roof Unknown. Tenants Leases Through May 31st, 2022 And June 30, 2022.
  • Exclusions: Individual Ac Units
  • Lot Features: Cul-De-Sac
  • Patio And Porch Features: Screened
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Paved
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 2

Utilities

  • Heating: Unit 1(Hot Water Radiators,Gas), Unit 2(Hot Water Radiators,Gas)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, House of Worship, Private School, Public School
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water)

Schools

  • Elementary School: Cabot
  • High School: North
  • Middle Or Junior School: Day

Lot Info

  • LOT SIZE: 6750
  • PAGE: 219
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 6534
  • Zoning: MR1

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2
  • Annual Gross Income: 58800
  • Property Net Operating Income: 58800
  • Number Of Units Total: 2
  • Total Actual Rent: 4900

Tax Info

  • Tax Annual Amount: 9275
  • Tax Book Number: 71681
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Nov 19, 2021
Sold by
Md Property Group Llc
Bought by
Cavallo Nicholas
Seller's Agent
Janice Lipof
Hammond Residential Real Estate
Buyer's Agent
The Residential Group
William Raveis R.E. & Home Services
List Price
$1,279,000
Sold Price
$1,270,000
Premium/Discount to List
-$9,000
-0.7%
Current Estimated Value
$1,588,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,434
Avg. Annual Appreciation
3.25%
Original Mortgage
$1,016,000
Outstanding Balance
$942,637
Interest Rate
2.99%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$493,552

Purchase Details

Closed on
Nov 20, 2018
Sold by
Berg Mindy and Golod David A
Bought by
Md Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,750
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 28, 2018
Sold by
Zim Rt
Bought by
Berg Mindy and Golod David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$603,750
Interest Rate
4.5%
Mortgage Type
Unknown
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
Cavallo Nicholas $1,270,000 None Available
Md Property Group Llc -- --
Berg Mindy $950,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cavallo Nicholas $1,016,000
Previous Owner Berg Mindy $603,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $1,270,000 -0.7% $502 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $1,279,000 -- $506 / 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 $12,912 $1,317,600 $974,700 $342,900
2024 $12,485 $1,279,200 $946,300 $332,900
2023 $11,882 $1,167,200 $751,400 $415,800
2022 $9,885 $939,600 $695,700 $243,900
2021 $9,275 $862,000 $638,300 $223,700
2020 $8,999 $862,000 $638,300 $223,700
2019 $8,419 $805,600 $596,500 $209,100
2018 $8,411 $777,400 $566,700 $210,700
2017 $7,931 $713,200 $519,900 $193,300
2016 $7,446 $654,300 $477,000 $177,300
2015 $7,100 $611,500 $445,800 $165,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72899006

MLS Property Information Network (MLS PIN)

APN: NEWT-000024-000025-000018