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71 Elm Street

71 Elm Street, Watertown, MA 02472
Property in East Watertown
1 Units For Sale
Unit for sale at 71 Elm, Watertown, MA 02472

$588,000

  • Commercial
  • 1 Bath
71 Elm, Watertown, MA 02472 Listing by Sean Rose

71 Elm Street has been categorized by the local assessors in Watertown, MA as a commercial type of property. The building on the property was first built in 1932 and is 92 years old. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 71 Elm Street has 776 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 3,093 square feet.

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 alum/vinyl siding. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a hot water heating system and being fueled with oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 71 Elm Street was last sold in Nov 30, 2021 for $400,000. According to our calculations, that's $515.46 per sqft. Current property owners are expected to pay $7,805 in taxes per year. The property on 71 Elm Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $395,600. To break that down further, the land itself was valued at $315,400. While improvements to the property were assessed at a total of $80,200. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.

This property description is generated based on publicly available data.

3 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20231020
10/20/2023
Loft
1 Bath
-
$588,000
bedrooms
Loft
bathrooms
1 Bath
-
-
-
Sean Rose
City Realty Group
20210923
09/23/2021
Loft
1 Bath
-
$500,000
bedrooms
Loft
bathrooms
1 Bath
$400,000 -20.00%
12/01/2021
-
Dave DiGregorio
Coldwell Banker Realty - Waltham
20120918
09/18/2012
Loft
-
-
$279,000
bedrooms
Loft
bathrooms
-
$235,000 -15.77%
05/30/2013
-
Fotini Bottom
Berkshire Hathaway HomeServices Commonwealth Real Estate

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 776
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,093
  • Total Building Area: 776
  • Gross Building Area: 1,552
  • Building Area: 776
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Hot water
  • Heated Square Feet: 776
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: WATERTOWN
  • Land Acres: 0.071
  • Standard Land Use Code: Restaurant

Ownership

  • Current Owner : LOLASTAR LLC
  • Previous Owner : 71 ELM STREET LLC
  • Owner Before Previous Owner: DELLEVILLE JAMES
  • Ownership Rights Codes: unknown
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jan 22, 2024

Neighborhood

  • School District Name: Watertown School District
  • School Tax School District: WATERTOWN SD
  • Census Tract: 370302

Zoning

  • Zoning: I-1

Geography

  • Account Number: 101240-00
  • Parcel: WATE M:1237 B:0027C L:0000
  • Block: 27C
  • Municipality: WATERTOWN
  • Latitude: 42.3653
  • Longitude: -71.1559

    Address

  • Full Address: 71 Elm St
  • Address - House Number: 71
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: MA
  • City Name: Watertown
  • Carrier Code: C010
  • 4-Digit Zip Code: 2822
  • Zip Code: 02472

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,805

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $395,600
  • Assessed Land Value: $315,400
  • Assessed Improvements Value: $80,200

    Sales

  • Current Sale Contract Date: Nov 30, 2021
  • Current Sale Recording Date: Dec 01, 2021
  • Current Sale Transaction ID: 11872931515
  • Current Sale Price: $400,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 260166
  • Previous Sale Recording Date: May 30, 2013
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUTUALONE BANK
  • First Mortgage Transaction Date: Dec 01, 2021
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About East Watertown




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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 71 Elm Street located in?
The 71 Elm Street is a located in the neighborhood of East Watertown in East Watertown, Watertown.
How many listings are currently for sale in 71 Elm Street?
This is a single-family home. The property is currently on the market for sale.
What is the average sales price for listings in 71 Elm Street?
The average sales price for units in 71 Elm Street is $500,000 currently.

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