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1 Units For Sale
262 Park Avenue has been categorized by the local assessors in Revere, MA as a residential type of property.
The building on the property was first built in 1880 and is 144 years old.
The home has a total of 10 rooms. 3 of these rooms are legally considered as bedrooms.
Residents will have access to 2 full bathrooms.
There are 3 partial bathrooms in the home.
The building has a total of 2 stories.
In addition, 262 Park Avenue has 2,557 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The area measurement of the land has been determined as 3,999 square feet.
Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of asbestos shingle. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $6,065 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 262 Park Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $637,800. To break that down further, the land itself was valued at $225,000. While improvements to the property were assessed at a total of $412,800. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. 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.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of asbestos shingle. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $6,065 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 262 Park Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $637,800. To break that down further, the land itself was valued at $225,000. While improvements to the property were assessed at a total of $412,800. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. 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.
This property description is generated based on publicly available data.
262 Park Avenue, Revere, MA 02151
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0 Past Sales
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