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1042 Beacon Street

1042 Beacon Street, Newton Center, MA 02459
Property in Newton Center
Sold Oct 29, 2021
$700,000
$548,250 by Washington Trust Mortgage Co
Mortgage Due Oct 29, 2051
Local assessors in Newton Center, MA have categorized 1042 Beacon Street as a residential type of property. The home was built in 1936 and is 88 years old. The property's lot size has been calculated to be 6,350 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1042 Beacon Street has a total of 1,292 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete control joints. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a hot water heating system is the primary heating source and it is being fueled with oil. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1042 Beacon Street sold most recently in Oct 29, 2021 for a total of $700,000. If you work out the math, that's approximately a cost of $541.80 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $7,794 in taxes each year. The initial year of tax delinquency occurred in 2021. 1042 Beacon Street was most recently assessed in 2024. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Waterfront

Beach Front

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1936
  • Effective Year Built: 1936
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Concrete
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 872
  • Garage Type: Underground/basement
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,350
  • Total Building Area: 1,292
  • Gross Building Area: 2,680
  • Building Area: 1,292
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,292
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.146
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : TAO RONGYA
  • Current Owner 2: YANG JUNRONG
  • Previous Owner : 1042 BEACON STREET NT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newton School District
  • School Tax School District: NEWTON SD
  • Census Tract: 373800

Zoning

  • Zoning: SR2

Geography

  • Account Number: 62004 0022
  • District: 207
  • Parcel: NEWT S:62 B:004 L:0022
  • Block: 4
  • Lot: 22
  • Municipality: NEWTON
  • Latitude: 42.3305
  • Longitude: -71.2048

    Address

  • Full Address: 1042 Beacon St
  • Address - House Number: 1042
  • Address - Street Name: Beacon
  • Address - Suffix Type: St
  • State: MA
  • City Name: Newton Center
  • Carrier Code: C015
  • 4-Digit Zip Code: 1742
  • Zip Code: 02459

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $7,794
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.2198
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 69
  • Final Value: 998,452
  • High Value: 1,217,941
  • Low Value: 778,963

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,250
  • First Open Lien Mortgage Lender: WASHINGTON TRUST MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Oct 29, 2021
  • First Open Lien Mortgage Loan Amount: $548,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 29, 2051

    Assessments Valuation

  • Assessed Year: 2024

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Oct 29, 2021
  • Current Sale Transaction ID: 11864768188
  • Current Sale Price: $700,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 238076

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON TRUST MORTGAGE CO
  • First Mortgage Transaction Date: Oct 29, 2021
  • First Mortgage Loan Amount: $548,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Newton Center



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Frequently Asked Questions

What neighborhood is 1042 Beacon Street located in?
The 1042 Beacon Street is a located in the neighborhood of Newton Center in Newton Center, Newton Center.
What is the average sales price for listings in 1042 Beacon Street?
The average sales price for units in 1042 Beacon Street is $0 currently.

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