Check Availability

496 Commercial Street

496 Commercial Street, Weymouth, MA 02188
Sold Aug 13, 2019
$455,000
$466,758 by Republic State Mortgage Co
Mortgage Due Aug 13, 2049
496 Commercial Street has been categorized by the local assessors in Weymouth, MA as a residential type of property. The building on the property was first built in 1928 and is 96 years old. However, we must point out that the home was most recently renovated and altered in 1959. The home has a total of 6 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, 496 Commercial Street has 1,457 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 7,911 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod 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. For the features and amenities located on the property. There is a detached garage for those who require parking. 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 wood siding. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery 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, 496 Commercial Street sold most recently in Jul 30, 2019 for a total of $455,000. If you work out the math, that's approximately a cost of $312.29 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 $4,654 in taxes each year. The initial year of tax delinquency occurred in 2021. 496 Commercial Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $445,400. If we break it down further, the land itself was valued at $176,600. Improvements to the property, however, were assessed at a total of $268,800. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Driveway

Driveway

Parking

Paved Parking
Detached Garage
Off Street Parking

Location

Corner Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Cape Cod
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,911
  • Total Building Area: 1,457
  • Building Area: 1,457
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,457
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.182
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LAINE JEANROBERT
  • Current Owner 2: LAINE CARMELLE P
  • Previous Owner : WHITE CHARLES T
  • Previous Owner 2: WHITE ELIZABETH M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Weymouth School District
  • School Tax School District: WEYMOUTH SD
  • Census Tract: 422600

Zoning

  • Zoning: M-2

Geography

  • Account Number: 4041
  • Parcel: WEYM M:13 B:155 L:002
  • Block: 155
  • Lot: 2
  • Municipality: WEYMOUTH
  • Latitude: 42.2268
  • Longitude: -70.9528

    Address

  • Full Address: 496 Commercial St
  • Address - House Number: 496
  • Address - Street Name: Commercial
  • Address - Suffix Type: St
  • State: MA
  • City Name: Weymouth
  • Carrier Code: C020
  • 4-Digit Zip Code: 3704
  • Zip Code: 02188

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,654
  • Intital Tax Deliquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.1669
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 589,266
  • High Value: 687,641
  • Low Value: 490,891

    Open Liens

  • Total Open Liens: 3
  • Total Open Liens Amount: $512,112
  • First Open Lien Mortgage Lender: REPUBLIC STATE MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Aug 13, 2019
  • First Open Lien Mortgage Loan Amount: $466,758
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 13, 2049
  • Second Open Lien Mortgage Lender: SECRETARY HOUSING URBAN DEVELO
  • Second Open Lien Mortgage Recording Date: Sep 14, 2021
  • Second Open Lien Mortgage Loan Amount: $33,863
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2051
  • Third Open Lien Mortgage Lender: SECRETARY HOUSING URBAN DEVELO
  • Third Open Lien Mortgage Recording Date: Nov 09, 2022
  • Third Open Lien Mortgage Loan Amount: $11,491
  • Third Open Lien Mortgage Term: 348
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: FHA
  • Third Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $445,400
  • Assessed Land Value: $176,600
  • Assessed Improvements Value: $268,800

    Sales

  • Current Sale Contract Date: Jul 30, 2019
  • Current Sale Recording Date: Aug 13, 2019
  • Current Sale Transaction ID: 11635565482
  • Current Sale Price: $455,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 70107

    Last Sale Mortgage

  • First Mortgage Lender: REPUBLIC STATE MORTGAGE CO
  • First Mortgage Transaction Date: Aug 13, 2019
  • First Mortgage Loan Amount: $466,758
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

About East Weymouth



Similar Buildings

House at 496 Commercial Street,

100 Bridge Street

  • 1 Unit for Sale
100 Bridge Street, North Weymouth, MA 02191

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 496 Commercial Street located in?
The 496 Commercial Street is a house located in the neighborhood of East Weymouth in East Weymouth, Weymouth.
What is the average sales price for listings in 496 Commercial Street?
The average sales price for units in 496 Commercial Street is $465,000 currently.

Quantcast