NOT LISTED FOR SALE

Estimated Value: $790,000 - $868,000

5 Beds
2 Baths
1,725 Sq Ft
$479/Sq Ft Est. Value

Last Sold November 03, 2016

Last sale price $450,000 $261 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $5,037/month

62 Days on Market

About This Home

As of November 2016

A great opportunity for the first time buyer or investor to get into the sought after Multi Family market in Wakefield for an entry level price. This well located two family needs some TLC but is fully rented and has many updates to the major systems. Separate gas heating systems, separate electrical and separate gas HW. First floor one bedroom unit has hardwood floors and eat in kitchen along with an enclosed porch. Rented at $925 mo. TAW. Second and third floor unit is a large 7 room 4 bedroom townhouse style with hardwood floors and rented at $1550 mo. TAW. Both units have their own private entrances and offstreet parking and yard. Full basement with storage. De-Lead Certificate for large unit. Located within walking distance to the Lake, the Common and downtown. Commuter rail to Boston and bus line to Oak Grove also nearby. Easy access to major highways. Build some sweat equity and use the rent to pay your mortgage! OPEN HOUSES SAT and SUN 3:00-4:30 September. 17th and 18th.

Last Agent to Sell the Property

Stephen Conroy

Boardwalk Real Estate Listed on: 07/20/2016

Last Buyer's Agent

Sonia Rollins

EXIT Premier Real Estate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,547

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Certified Treated
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station
  • Electric: Circuit Breakers
  • Energy: Insulated Windows
  • Flooring: Tile, Vinyl, Hardwood
  • Basement: Full, Walk Out, Interior Access
  • Total Levels: 3

Exterior Features

  • Exterior: Asbestos
  • Exterior Features: Porch - Enclosed
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewer: 700

Condo/Co-op/Association

  • Total Units: 2

Schools

  • Elementary School: Dolbeare
  • Middle School: Galvin
  • High School: Wmhs

Lot Info

  • Zoning: GR

Multi Family

  • APOD Available: Yes
  • Foundation: 30x25
  • Heat Units: 2
  • Total Bedrooms: 5
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 3
  • Total Rms: 10
  • Total Rent_1: 2475

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2017
Sold by
Habipi Vladimir and Habipi Merita
Bought by
Merita Habipi Ret 2017
Current Estimated Value
$805,078

Purchase Details

Closed on
Mar 28, 2011
Sold by
Dalessandro Natalie
Bought by
Dalessandro John P and Dalessandro Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4%

Purchase Details

Closed on
Sep 16, 2003
Sold by
Alessandro Natalie D and Alessandro John P Jr D
Bought by
Alessandro Natalie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,999
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2003
Sold by
Kelley Judith A
Bought by
Dalessandro John P and Dalessandro Natalie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,999
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 1996
Sold by
Shanahan Roland F and Shanahan Donald V
Bought by
Kelley Judith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.75%
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
Merita Habipi Ret 2017 -- --
Dalessandro John P -- --
Alessandro Natalie D -- --
Dalessandro John P $380,000 --
Kelley Judith A $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Habipi Vladimir $337,500
Previous Owner Kelley Judith A $262,500
Previous Owner Dalessandro John P $284,999
Previous Owner Kelley Judith A $275,000
Previous Owner Kelley Judith A $270,000
Previous Owner Kelley Judith A $124,500
Previous Owner Kelley Judith A $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2016 11/03/16 Sold $450,000 +2.5% $261 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
09/13/2016 09/13/16 Price Changed $439,000 -0.2% $254 / Sq Ft
09/07/2016 09/07/16 For Sale $439,900 0.0% $255 / Sq Ft
09/06/2016 09/06/16 Price Changed $439,900 +2.3% $255 / Sq Ft
07/26/2016 07/26/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $429,900 -- $249 / 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 $7,547 $664,900 $344,200 $320,700
2024 $7,437 $661,100 $342,200 $318,900
2023 $7,072 $602,900 $312,000 $290,900
2022 $6,766 $549,200 $284,200 $265,000
2021 $6,464 $507,800 $264,900 $242,900
2020 $6,062 $474,700 $247,700 $227,000
2019 $5,791 $451,400 $235,500 $215,900
2018 $5,394 $416,500 $217,200 $199,300
2017 $4,908 $376,700 $203,000 $173,700
2016 $4,912 $364,100 $192,000 $172,100
2015 $4,586 $340,200 $179,400 $160,800
2014 $4,180 $327,100 $172,500 $154,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72040852

MLS Property Information Network (MLS PIN)

APN: WAKE-000016-000015-000141