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98 Mechanic Street

98 Mechanic Street, Canton, MA 02021
Property in Canton
Sold Apr 21, 2021
$519,000
Buyer
$311,400 by Metro City Bank
Mortgage Due Apr 21, 2051
Sold Sep 10, 2020
$340,000
98 Mechanic Street has been categorized by the local assessors in Canton, MA as a residential type of property. The building on the property was first built in 1875 and is 149 years old. However, we must point out that the home was most recently renovated and altered in 1972. The home has a total of 7 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, 98 Mechanic Street has 1,551 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 5,830 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 alum/vinyl siding. In terms of heating, it is utilizing a hot water heating system and being fueled with gas. 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, 98 Mechanic Street sold most recently in Apr 21, 2021 for a total of $519,000. If you work out the math, that's approximately a cost of $334.62 per sqft. Before that, the property was also sold for $340,000 in Sep 3, 2020. 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 $5,471 in taxes each year. The initial year of tax delinquency occurred in 2022. 98 Mechanic Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $548,700. If we break it down further, the land itself was valued at $279,500. Improvements to the property, however, were assessed at a total of $269,200. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Condition

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

Building Info

Overview

    General

  • Year Built: 1875
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,830
  • Total Building Area: 1,551
  • Building Area: 1,551
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,551
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LANTERN CT
  • Land Acres: 0.134
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : TRAN HOA B
  • Previous Owner : NGUYEN VINCENT
  • Owner Before Previous Owner: KEOUGH BERNADETTE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Canton School District
  • Census Tract: 415103

Zoning

  • Zoning: GR

Geography

  • Account Number: 1884
  • Parcel: CANT M:25 P:121
  • Municipality: CANTON
  • Latitude: 42.1514
  • Longitude: -71.1441

    Address

  • Full Address: 98 Mechanic St
  • Address - House Number: 98
  • Address - Street Name: Mechanic
  • Address - Suffix Type: St
  • State: MA
  • City Name: Canton
  • Carrier Code: C017
  • 4-Digit Zip Code: 3114
  • Zip Code: 02021

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $5,471
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2364
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 67
  • Final Value: 625,912
  • High Value: 773,925
  • Low Value: 477,899

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $311,400
  • First Open Lien Mortgage Lender: METRO CITY BANK
  • First Open Lien Mortgage Recording Date: Apr 21, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $311,400
  • 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: Apr 21, 2051

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $548,700
  • Assessed Land Value: $279,500
  • Assessed Improvements Value: $269,200

    Sales

  • Current Sale Contract Date: Apr 21, 2021
  • Current Sale Recording Date: Apr 21, 2021
  • Current Sale Transaction ID: 11832947252
  • Current Sale Price: $519,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 52440
  • Previous Sale Recording Date: Sep 10, 2020
  • Previous Sale Contract Date: Sep 03, 2020
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: METRO CITY BANK
  • First Mortgage Transaction Date: Apr 21, 2021
  • First Mortgage Loan Amount: $311,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Norfolk



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Frequently Asked Questions

What neighborhood is 98 Mechanic Street located in?
The 98 Mechanic Street is a located in the neighborhood of Canton in Norfolk, Canton.
What is the average sales price for listings in 98 Mechanic Street?
The average sales price for units in 98 Mechanic Street is $0 currently.

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