NOT LISTED FOR SALE

961 Point Rd Marion, MA 02738

Estimated Value: $500,809

2 Beds
2 Baths
1,724 Sq Ft
$290/Sq Ft Est. Value

Last Sold January 31, 2022

Last sale price $413,000 $240 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,044/month

89 Days on Market

About This Home

As of January 2022

MIXED RESIDENTIAL & COMMERCIAL PROPERTY. Rare investment opportunity w/ cash flow potential. Property includes 2 bedroom home at front of lot and two-story commercial building at back of lot. Perfect for someone running own business or looking for rental income. Residence offers kitchen w/ ample counter and cabinet space open to a light-filled living/dining room. Spacious mudroom w/ washer/dryer and access to outside. Two good sized bedrooms upstairs. Commercial building at back of lot. Upon entering there is a half bath and large room w/ closet. Upstairs you’ll find a large, bright, open space. Interior of home has been recently painted along w/ new floors in bathroom and mudroom. Plumbing upgrades. Nice sized yard with fire pit, back deck, and shed. Must see especially for live/work arrangement or someone wanting to take advantage of strong rental history. Town water/sewer. Large, newly paved driveway. Commercial building is zoned as General Business.

Last Agent to Sell the Property

Laura Barclay

Demakis Family Real Estate, Inc. Listed on: 09/23/2021

Last Buyer's Agent

Cindi Lee McTiernan

Coldwell Banker Realty - Norwell - Hanover Regional Office

Coldwell Banker Realty - Norwell - Hanover Regional Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,797

Year Built

  • 1890

Lot Details

  • 0.32

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,797

Year Built

1890

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • Architectural Style: Cape
  • Directions: Route 6 to Point Road
  • Garage Yn: No
  • Property Attached Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1890

Interior Features

  • Appliances: Range,Microwave,Refrigerator,Washer,Dryer, Utility Connections for Electric Range, Utility Connections for Electric Oven
  • Room Bedroom2 Level: Second
  • Total Bathrooms: 1.5
  • Room Master Bedroom Level: Second
  • Master Bathroom Features: No
  • Bathroom 1 Level: First
  • Room Dining Room Level: First
  • Room Kitchen Level: First
  • Room Living Room Level: First
  • MAIN LO: AN4538
  • LIST PRICE PER Sq Ft: 248.84
  • PRICE PER Sq Ft: 239.56
  • MAIN SO: AN6181
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Wood, Tile, Laminate

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters, Storage
  • Foundation Details: Granite
  • Construction Type: Frame
  • Disclosures: Listing Agent Has Ownership In Property. Property Was Previously Rented For A Total Of $2575 Per Month ($1625 For House And $950 For Commercial).
  • Fencing: Fenced
  • Home Warranty: No
  • Lot Features: Cleared
  • Patio And Porch Features: Deck, Deck - Wood
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Paved
  • Open Parking: Yes
  • Total Parking Spaces: 6

Utilities

  • Cooling: None
  • Heating: Forced Air, Oil
  • COOLING ZONES: 0
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating Yn: Yes
  • Laundry Features: First Floor
  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School
  • Senior Community: No

Lot Info

  • LOT SIZE: 14040
  • PAGE: 289
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 13939.2
  • Zoning: Res/Com

Tax Info

  • Tax Annual Amount: 3350
  • Tax Book Number: 49400
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2006
Sold by
Silva Nancy J
Bought by
Lansing Brett and Lansing Richard
Current Estimated Value
$500,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,600
Interest Rate
6.33%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2004
Sold by
Silva David M
Bought by
Silva Nancy J and Silva David M
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
Lansing Brett $187,000 --
Silva Nancy J -- --
Silva David M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jean Gary $405,519
Closed Barclay Christopher D $223,200
Closed Silva Nancy J $160,000
Closed Silva Nancy J $100,000
Closed Silva Nancy J $149,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2022 01/31/22 Sold $413,000 -13.8% $240 / Sq Ft
12/22/2021 12/22/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $479,000 0.0% $278 / Sq Ft
01/18/2018 01/18/18 Rented $1,600 0.0% --
01/12/2018 01/12/18 Sold $279,000 0.0% $224 / Sq Ft
01/12/2018 01/12/18 For Rent $1,600 0.0% --
11/21/2017 11/21/17 Pending -- -- --
11/20/2017 11/20/17 For Sale $290,000 -- $232 / 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 $3,797 $407,400 $161,400 $246,000
2024 $3,622 $391,100 $172,200 $218,900
2023 $3,733 $395,400 $193,700 $201,700
2022 $3,492 $321,800 $115,900 $205,900
2021 $3,350 $295,900 $96,100 $199,800
2020 $3,236 $276,600 $86,800 $189,800
2019 $3,051 $276,600 $86,800 $189,800
2018 $5,806 $290,500 $107,800 $182,700
2017 $3,315 $290,500 $107,800 $182,700
2016 $3,084 $272,700 $93,900 $178,800
2015 $3,083 $277,500 $87,700 $189,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72899059

MLS Property Information Network (MLS PIN)

APN: MARI-000010-000019