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1500 Main Street

1500 Main Street, South Weymouth, MA 02190
Property in South Weymouth
Local assessors in South Weymouth, MA have categorized 1500 Main Street as a commercial type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 242,008 square feet. If we look only at the heated or air conditioned part of the building, then 1500 Main Street has a total of 40,396 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. 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 frame control joints. Residents rely on air conditioning for their cooling system. The property was last sold in Jun 4, 2019 for $3,900,000. That's $96.54 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $1,150,000. 1500 Main Street was last assessed in 2023. The total value of the property was assessed at $67,784,200. Specifically, the land the property is located on was valued at $13,035,000. While improvements on the property were assessed at a total of $54,749,200. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $79,753. The initial tax year of delinquency was in 2021. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 3
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Frame
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 242,008
  • Total Building Area: 40,396
  • Building Area: 40,396
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 40,396
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 5.556
  • Standard Land Use Code: Commercial/office/residential (mixed use)
  • County Land Use Code: Road (right-of-way)

Ownership

  • Current Owner : MCP & JMC WEYMOUTH LLC
  • Previous Owner : GMS REALTY LLC
  • Owner Before Previous Owner: C & R RT
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 22, 2024

Neighborhood

  • School District Name: Weymouth School District
  • School Tax School District: WEYMOUTH SD
  • Census Tract: 422100

Zoning

  • Zoning: 100

Geography

  • Account Number: 19409
  • Parcel: WEYM M:61 B:627 L:025
  • Block: 627
  • Lot: 25
  • Municipality: WEYMOUTH
  • Latitude: 42.1534
  • Longitude: -70.9531

    Address

  • Full Address: 1500 Main St
  • Address - House Number: 1500
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: MA
  • City Name: South Weymouth
  • Carrier Code: C033
  • 4-Digit Zip Code: 1325
  • Zip Code: 02190

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $79,753
  • Intital Tax Deliquent Year: 2021

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $48,960,000
  • First Open Lien Mortgage Lender: CAMBRIDGE SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Jun 26, 2019
  • First Open Lien Mortgage Loan Amount: $48,960,000
  • 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 26, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $67,784,200
  • Assessed Land Value: $13,035,000
  • Assessed Improvements Value: $54,749,200

    Sales

  • Current Sale Contract Date: Jun 04, 2019
  • Current Sale Recording Date: Jun 26, 2019
  • Current Sale Transaction ID: 11619571625
  • Current Sale Price: $3,900,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 51893
  • Previous Sale Recording Date: Mar 15, 1999
  • Previous Sale Amount: $1,150,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CAMBRIDGE SAVINGS BANK
  • First Mortgage Transaction Date: Jun 26, 2019
  • First Mortgage Loan Amount: $48,960,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: METROWEST BANK
  • Previous Mortgage Transaction Date: Mar 15, 1999
  • Previous Mortgage Loan Amount: $805,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About South Weymouth



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Frequently Asked Questions

What neighborhood is 1500 Main Street located in?
The 1500 Main Street is a located in the neighborhood of South Weymouth in South Weymouth, South Weymouth.
What is the average sales price for listings in 1500 Main Street?
The average sales price for units in 1500 Main Street is $0 currently.

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