$1,600,000
SOLD NOV 22, 2021
8 Beds
6 Baths
3,906 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$410 Per Sq Ft

1 Day on Market

Highlights

  • 2 Cooling Zones
  • Mason Rice Elementary School Rated A+
  • 4-minute walk to Newton Centre Station

About This Home

As of September 2023

Live on a cul de sac in the heart of Newton Centre. This huge 2 family home features almost 4000sf of living space. Potential uses include buy & hold for high end rental income; renovate resell as two duplex condominium units with Unit 1 expanding into the basement, and Unit 2 enlarged into the 3rd floor. Unit 2 is currently vacant and the most recent rent was $2800 per month. Unit 1 was recently rented at $2650 per month. With updated kitchen and baths both units could fetch $4000 per month for each one level unit. The flexible layout allows for units to be partitioned for in-law purposes. This is a terrific chance to live so locally that you can leave your car in the garage and take the train downtown. Great WalkScore of 72 and TransitScore of 78 (green line just a 4 minute walk). Please note: property is being sold as is.

Last Agent to Sell the Property

Edward Lyon

Preservation Properties

Last Buyer's Agent

Jagrti Patel

Premium Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,203

Year Built

  • 1951

Parking

  • 2

Interior Spaces

  • Property has 1 Level

Utilities

  • 2 Cooling Zones
  • 4 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,203

Year Built

1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Off Langley Road
  • Garage Yn: Yes
  • Efficiency: Thermostat
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1951

Interior Features

  • Appliances: Oil Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
  • Has Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Garage Access, Concrete
  • Fireplace Features: Unit 1(Fireplace - Wood burning), Unit 2(Fireplace - Wood burning)
  • Total Bathrooms: 4
  • MAIN LO: NB9037
  • LIST PRICE PER Sq Ft: 409.63
  • PRICE PER Sq Ft: 409.63
  • MAIN SO: AN3405
  • Full Bathrooms: 2
  • Half Bathrooms: 4
  • Total Bedrooms: 8
  • Door Features: Insulated Doors
  • Fireplace: Yes
  • Fireplaces: 2
  • Flooring: Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 2(Storage), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Office/Den), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Office/Den)
  • Stories: 3

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters
  • Foundation Details: Concrete Perimeter
  • Construction Type: Frame
  • Disclosures: Buyer To Do Own Due Diligence With City Of Newton As To Any Potential Development. Some Photos Are Virtually Staged
  • Home Warranty: No
  • Lot Features: Cul-De-Sac, Gentle Sloping
  • Waterfront Features: Beach Front, Lake/Pond, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Assigned, Paved
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Cooling: Unit 1(Central Air,Individual,Unit Control), Unit 2(Central Air,Individual,Unit Control)
  • Heating: Unit 1(Central Heat,Hot Water Radiators,Oil,Individual,Unit Control), Unit 2(Central Heat,Hot Water Radiators,Oil,Individual,Unit Control)
  • HEAT UNITS: 2
  • HEAT ZONES: 4
  • COOLING ZONES: 2
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Unit 1(Washer Hookup,Dryer Hookup)
  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community: No

Schools

  • Elementary School: Bowen
  • High School: South
  • Middle Or Junior School: Oak Hill

Lot Info

  • LOT SIZE: 7351
  • PAGE: 442
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 7405.2
  • Zoning: MR1

Multi Family

  • LEVELS 1: 1
  • COOLING UNITS: 2
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2
  • Annual Gross Income: 65400
  • Property Net Operating Income: 65400
  • Number Of Units Total: 2
  • Total Actual Rent: 5450

Tax Info

  • Tax Annual Amount: 14786
  • Tax Block: 042
  • Tax Book Number: 15856
  • Tax Lot: 0028
  • Tax Map Number: 61
  • Tax Year: 2021

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $1,550,000 -2.8% $518 / Sq Ft
08/05/2023 08/05/23 For Sale $1,595,000 -0.3% $533 / Sq Ft
11/22/2021 11/22/21 Sold $1,600,000 0.0% $410 / Sq Ft
09/26/2021 09/26/21 Pending -- -- --
09/24/2021 09/24/21 For Sale $1,600,000 -- $410 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $14,203 $1,449,300 $0 $1,449,300
2024 $19,271 $1,974,500 $840,900 $1,133,600
2023 $16,468 $1,617,700 $677,300 $940,400
2022 $15,758 $1,497,900 $627,100 $870,800
2021 $14,786 $1,374,200 $575,300 $798,900
2020 $14,347 $1,374,200 $575,300 $798,900
2019 $13,421 $1,284,300 $537,700 $746,600
2018 $13,627 $1,259,400 $505,500 $753,900
2017 $12,848 $1,155,400 $463,800 $691,600
2016 $12,063 $1,060,000 $425,500 $634,500
2015 $11,502 $990,700 $397,700 $593,000
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,235,000 Stand Alone Refi Refinance Of Original Loan
Closed $1,240,000 Purchase Money Mortgage
Previous Owner $620,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $991,250 Purchase Money Mortgage
Previous Owner $120,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Deed History

Date Type Sale Price Title Company
Condominium Deed $1,550,000 None Available
Condominium Deed $1,550,000 None Available
Deed -- --
Deed -- --
Deed $700,000 --
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72900133

MLS Property Information Network (MLS PIN)

APN: NEWT-000061-000042-000028