98 Shute St Unit A Everett, MA 02149
Glendale NeighborhoodEstimated Value: $887,268 - $1,107,000
7
Beds
2
Baths
2,730
Sq Ft
$365/Sq Ft
Est. Value
Highlights
- Medical Services
- Park
- 2 Car Garage
- Property is near public transit
- Shops
- Level Lot
About This Home
As of March 2024Introducing a meticulously well-maintained turnkey investment property, with great tenants already in place! Both units are under lease contracts through August 31, 2024 producing strong market rents of 2750, and 2850 respectively, for an annual total of $67,200. Good revenue coupled with very low operating costs make this property an absolute winner. Utilities are separately billed and paid by tenants. Ample square footage, parking for 5 vehicles, and a huge basement with separate laundry for each unit, add even more value to this offering. Multiple recent improvements include refinished hardwood floors and fresh paint in both units, a new garage roof and garage doors, new kitchen appliances and washer & dryer for unit 1, and new water heater for unit 1. Both units are de-leaded. Possible room for expansion in Unit 2's un-finished attic space.
Last Buyer's Agent
Michael Malkin
Redfin Corp.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,522
Year Built
- Built in 1929
Lot Details
- 4,792 Sq Ft Lot
- Level Lot
Parking
- 2 Car Garage
- Stone Driveway
- Open Parking
- Off-Street Parking
- Assigned Parking
Home Design
- Duplex
- Stone Foundation
Interior Spaces
- 2,730 Sq Ft Home
- Property has 1 Level
Bedrooms and Bathrooms
- 7 Bedrooms
- 2 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Location
- Property is near public transit
- Property is near schools
Listing and Financial Details
- Total Actual Rent $5,600
- Assessor Parcel Number 000477322,477322
Community Details
Amenities
- Medical Services
- Shops
Recreation
- Park
Additional Features
- 2 Units
- Net Operating Income $67,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 29, 1999
Sold by
Wise Paul A and Wise Diane M
Bought by
Murphy Sean D and Gonzales Camile L
Total Days on Market
11
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,637
Interest Rate
7.77%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 27, 1993
Sold by
Maccini Anna C
Bought by
Wise Paul A and Wise Diane M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,950
Interest Rate
7.41%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Everett, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Murphy Sean D | $255,000 | -- | |
| Wise Paul A | $141,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chikhalia Minhaz | $651,000 | |
| Closed | Rahimian Nariman | $372,750 | |
| Closed | Murphy Sean D | $149,000 | |
| Closed | Wescott Camille L | $30,000 | |
| Closed | Wescott Camille L | $70,000 | |
| Closed | Wescott Camille L | $280,000 | |
| Closed | Murphy Sean | $263,000 | |
| Closed | Wise Paul A | $251,637 | |
| Previous Owner | Wise Paul A | $133,950 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/08/2024 03/08/24 | Sold | $868,000 | +2.1% | $318 / Sq Ft |
| 01/27/2024 01/27/24 | Pending | -- | -- | -- |
| 01/26/2024 01/26/24 | For Sale | $849,900 | -2.1% | $311 / Sq Ft |
| 01/26/2024 01/26/24 | Off Market | $868,000 | -- | -- |
| 01/15/2024 01/15/24 | For Sale | $849,900 | +71.0% | $311 / Sq Ft |
| 12/01/2016 12/01/16 | Sold | $497,000 | 0.0% | $182 / Sq Ft |
| 11/05/2016 11/05/16 | Pending | -- | -- | -- |
| 10/12/2016 10/12/16 | Off Market | $497,000 | -- | -- |
| 10/05/2016 10/05/16 | For Sale | $519,000 | -- | $190 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $9,360 | $821,800 | $261,600 | $560,200 |
| 2024 | $8,522 | $743,600 | $229,200 | $514,400 |
| 2023 | $9,014 | $765,200 | $219,200 | $546,000 |
| 2022 | $7,382 | $712,500 | $209,300 | $503,200 |
| 2021 | $6,618 | $670,500 | $187,400 | $483,100 |
| 2020 | $6,947 | $652,900 | $187,400 | $465,500 |
| 2019 | $7,357 | $594,300 | $178,400 | $415,900 |
| 2018 | $7,179 | $521,000 | $155,500 | $365,500 |
| 2017 | $6,865 | $475,400 | $139,500 | $335,900 |
| 2016 | $6,121 | $423,600 | $124,600 | $299,000 |
| 2015 | $5,745 | $393,200 | $112,400 | $280,800 |
Source: Public Records
Agents Affiliated with this Home
-
Philip Murray
Seller's Agent in 2024
Philip Murray
Compass
(617) 852-8597
1 in this area
12 Total Sales
-
M
Buyer's Agent in 2024
Michael Malkin
Redfin Corp.
-
Rick Nau
Seller's Agent in 2016
Rick Nau
eXp Realty
(857) 383-8395
22 Total Sales
-
Buyer's Agent in 2016
Rachana Kheraj
eXp Realty
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73193064
APN: EVER-000000-A000002-000020
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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