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116 Villa Street

116 Villa Street, Waltham, MA 02453
Property in Bank Square
Sold Jun 30, 2021
$740,000
$592,000 by Broker Solutions Inc
Mortgage Due Jun 30, 2051
116 Villa Street in Waltham, MA was first built in 1936 and is 88 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 3 floors. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 116 Villa Street has 2,000 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,216 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of asphalt. For those who need parking, there is a garage underground or in the basement. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of alum/vinyl siding. As for heating, the home is utilizing a steam heating system and being fueled with oil. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 116 Villa Street sold most recently in Jun 30, 2021 for a total of $740,000. If you work out the math, that's approximately a cost of $370.00 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 $7,365 in taxes each year. The initial year of tax delinquency occurred in 2022. 116 Villa Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $764,000. If we break it down further, the land itself was valued at $383,900. Improvements to the property, however, were assessed at a total of $380,100. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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

Parking

Off Street Parking
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: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 950
  • Garage Type: Underground/basement
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,216
  • Total Building Area: 2,000
  • Gross Building Area: 3,360
  • Building Area: 2,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Steam
  • Heated Square Feet: 2,000
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.143
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SUN YIZHI
  • Current Owner 2: LIU YANG
  • Previous Owner : GROSSI KATHERINE T
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Waltham School District
  • School Tax School District: WALTHAM SD
  • Census Tract: 368400

Zoning

  • Zoning: 1

Geography

  • Account Number: 117607
  • Parcel: WALT M:058 B:033 L:0010
  • Block: 33
  • Lot: 10
  • Municipality: WALTHAM
  • Latitude: 42.3721
  • Longitude: -71.2577

    Address

  • Full Address: 116 Villa St
  • Address - House Number: 116
  • Address - Street Name: Villa
  • Address - Suffix Type: St
  • State: MA
  • City Name: Waltham
  • Carrier Code: C010
  • 4-Digit Zip Code: 7744
  • Zip Code: 02453

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $7,365
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.0774
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 94
  • Final Value: 805,207
  • High Value: 867,599
  • Low Value: 742,815

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $592,000
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Jun 30, 2021
  • First Open Lien Mortgage Loan Amount: $592,000
  • 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: Jun 30, 2051

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $764,000
  • Assessed Land Value: $383,900
  • Assessed Improvements Value: $380,100

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Jun 30, 2021
  • Current Sale Transaction ID: 11841922925
  • Current Sale Price: $740,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 148423

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Jun 30, 2021
  • First Mortgage Loan Amount: $592,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Bank Square



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Frequently Asked Questions

What neighborhood is 116 Villa Street located in?
The 116 Villa Street is a located in the neighborhood of Bank Square in Bank Square, Waltham.
What is the average sales price for listings in 116 Villa Street?
The average sales price for units in 116 Villa Street is $0 currently.

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