NOT LISTED FOR SALE

Estimated Value: $1,359,000 - $1,616,261

5 Beds
2 Baths
2,587 Sq Ft
$560/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $1,299,000 $502 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $9,131/month

6 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Wood Flooring
  • Roger Wellington Elementary School Rated A
  • Property is near public transit
  • 2 Fireplaces

About This Home

As of August 2022

This Spacious "Miller Style" 2 Family in sought after Payson Park offers a peaceful & serene setting with outstanding views of the Cambridge Reservoir & Seasonal Boston Sky Line views. The 1st floor unit features 6 rooms 2 beds & 1 bath, a living room with fireplace, gumwood trim, beamed ceilings, hardwood floors, formal dining room with french doors leading to a large office sunroom; updated kitchen; semi-modern bath. The 2nd floor unit has the same exact configuration & millwork/detail as the 1st level plus a large walk-up 3rd floor that offers an additional bedroom and a large unfinished attic space with high pitched roof & wide stairway. Ideal for a master suite & home office or even 2 additional bedrooms. Home needs TLC! Perfect for the savvy developer and or owner occupant. Corner lot, 2 car garage & long double width driveway. Easy access to Boston, Cambridge & Rt128/95 belt. Near Harvard Bus (73). Storrow & Memorial Drives! Enjoy all vibrant Belmont has to offer. MASKS REQUIRED

Last Agent to Sell the Property

Jim & Mike Savas Team

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 06/09/2022

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Maria Papadopoulos

Coldwell Banker Realty - Belmont

Coldwell Banker Realty - Belmont

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,837

Year Built

  • Built in 1930

Lot Details

  • 7,228 Sq Ft Lot
  • Near Conservation Area
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Block Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,587 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Storm Windows
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Bulkhead
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Tbd Elementary School
  • Chenery Middle School
  • Belmont High School

Utilities

  • Cooling Available
  • 2 Heating Zones
  • Heating Available
  • Separate Meters
  • Knob And Tube Electrical Wiring
  • 60 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,625
  • Rent includes unit 1(water)
  • Assessor Parcel Number M:06 P:000199 S:,356632
  • Tax Block 199

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park

Additional Features

  • 2 Units
  • Net Operating Income $19,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,837

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1930
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Carpet,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors)
  • Interior Amenities: Unit 1(Pantry,Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Family Room), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Family Room)
  • Fireplace Features: Unit 1(Fireplace - Wood burning), Unit 2(Fireplace - Wood burning)
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Unit 1(Range), Unit 2(Range), Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup
  • Basement: Full, Interior Entry, Bulkhead, Concrete, Unfinished
  • Living Area: 2587
  • Stories Total: 3
  • Window Features: Storm Window(s)
  • MAIN LO: AN6527
  • LIST PRICE PER Sq Ft: 502.13
  • PRICE PER Sq Ft: 502.13
  • MAIN SO: AC1883

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Block, Stone
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(Wall AC,2 Units)
  • Heating: Unit 1(Hot Water Radiators,Gas), Unit 2(Steam,Gas)
  • Cooling Y N: Yes
  • Electric: Fuses, Circuit Breakers, 60 Amps/Less, Individually Metered, Knob & Tube Wiring
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: MWRA
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Golf, Medical Facility, Conservation Area, House of Worship, Public School, Sidewalks
  • Rent Includes: Unit 1(Water)

Lot Info

  • Parcel Number: M:06 P:000199 S:,356632
  • Zoning: SC
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7228
  • Lot Size Units: Acres
  • PAGE: 81
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 11837
  • Tax Block: 199
  • Tax Book Number: 12511

Multi Family

  • Gross Income: 19500
  • Net Operating Income: 19500
  • Number Of Units Total: 2
  • Total Actual Rent: 1625
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Belmont High
  • Elementary School: Tbd
  • Middle Or Junior School: Chenery

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Aug 12, 2022
Sold by
Katranis James J Est
Bought by
Speros James and Speros Elaine
Seller's Agent
Jim & Mike Savas Team
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Maria Papadopoulos
Coldwell Banker Realty - Belmont
List Price
$1,299,000
Sold Price
$1,299,000
Current Estimated Value
$1,449,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,815
Avg. Annual Appreciation
3.36%
Original Mortgage
$500,000
Interest Rate
5.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 15, 2014
Sold by
Evangeline Katr Cert T
Bought by
Katranis James J

Purchase Details

Closed on
Aug 30, 1973
Bought by
Katranis Evangeline and Katranis James J
Source: Public Records

Range of Values:

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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
Speros James $1,299,000 None Available
Katranis James J -- --
Katranis Evangeline -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James Speros Ret $1,114,935
Closed Speros James $900,000
Closed Speros James $500,000
Closed Speros James $213,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2022 08/17/22 Sold $1,299,000 0.0% $502 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
06/09/2022 06/09/22 For Sale $1,299,000 -- $502 / 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 $14,329 $1,258,000 $728,000 $530,000
2024 $13,337 $1,263,000 $816,000 $447,000
2023 $11,858 $1,055,000 $770,000 $285,000
2022 $11,837 $1,024,000 $744,000 $280,000
2021 $11,921 $1,033,000 $736,000 $297,000
2020 $11,649 $1,059,000 $759,000 $300,000
2019 $10,993 $942,000 $635,000 $307,000
2018 $9,720 $800,000 $578,000 $222,000
2017 $9,543 $752,000 $530,000 $222,000
2016 $9,420 $750,000 $530,000 $220,000
2015 $8,166 $633,000 $413,000 $220,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72995206

MLS Property Information Network (MLS PIN)

APN: BELM-000006-000199