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71 Payson Road # 2, Belmont MA 02478

Belmont, MA 02478 • Payson Park
$743,000
Est. $4,894/month
2
Beds
1
Baths
1,460
Sq Ft
$509
Price/Sq Ft
1923
Year Built
3
Days on Market
Closed Listed Jun 28, 2024 • MLS# 73258833 Copied!

About this home

JUST LISTED! OPEN HOUSE 1 to 2pm SATURDAY 6/29 & SUNDAY 6/30. This classic Payson Park condo is just 2 blocks from Cushing Square and checks all the boxes! Home office/den/exercise room on the upper level, updated kitchen with granite countertops, formal dining room with built-in storage, wood burning fireplace in living room, hardwood floors throughout, private laundry, covered porch, deck & parking... plus pet friendly. All this in a quiet residential neighborhood just minutes away from great coffee shops, bakeries and restaurants! Easy access to local parks, commuter rail, Harvard Square, Watertown Square and Memorial or Storrow Drive. Offers will be reviewed as received. Please make offers due for 24 hours. (Some photos from similar condo downstairs.)

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1923
Bedrooms
2
Full Bathrooms
1
Living Area
1,460 sq ft
Total Rooms
6
Stories
2
Entry Level
2

Sale Statistics

Sale Overview
Original List Price: $738,000
Final Sale Price: $743,000
Difference: +$5,000 (+0.7%)
Performance Metrics
100.7%
List to Sale Ratio
Sold above asking price
3
Days on Market
Very fast sale
Price per Square Foot Analysis
Original $/sq ft: $505
Sale $/sq ft: $509
This property sold for $509 per square foot
Sale Summary

This property sold for 0.7% above the original asking price, indicating strong buyer demand.

With only 3 days on market, this was a quick sale compared to typical market conditions.

Nearby Sales Comparison

Based on 7 similar properties sold within 0.5 miles in the last 90 days

This Property
$509/sq ft
Area Average
$346/sq ft
Difference
+47.0%

This property sold for significantly more per square foot than similar nearby properties, suggesting premium features or condition.

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1923
Living Area 1,460 sq ft
Bedrooms 2
Full Baths 1
Total Rooms 6

Interior

Heating Central, Hot Water, Oil
Cooling None
Flooring Wood
Appliances Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Fireplace Living Room
Fireplaces 1
Basement Y
Laundry In Basement, In Unit, Electric Dryer Hookup, Washer Hookup
Features Home Office

Exterior

Construction Frame
Architecture None
Roof Tile, Rubber
Features Porch, Deck
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck

Parking

Features Off Street, Paved
Total Spaces 1

Utilities

Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range, For Gas Oven, For Electric Dryer, Washer Hookup

Financial

Annual Tax $7,434
Assessed Value $704,000

Interior Features

Flooring: Wood
Appliances: Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Interior Features: Home Office
Windows: Insulated Windows
Basement: Y
Laundry: In Basement, In Unit, Electric Dryer Hookup, Washer Hookup
Security:

Construction & Materials

Year Built: 1923
Effective Year (Renovated): 2010
Structure Type: 2/3 Family
Exterior Materials: Frame
Roof: Tile, Rubber
Foundation:
Stories: 2

Heating, Cooling & Utilities

Heating: Central, Hot Water, Oil
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Porch, Deck
Patio & Porch: Porch, Deck
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Paved

Special Features

Fireplaces: 1
Fireplace Type: Living Room
Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, University

Location

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Neighborhood

Payson Park

71 Payson Road # 2, Belmont MA 02478

Belmont, MA 02478

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $620
Homeowners Insurance $200
HOA Fee $318/mo
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Market Insights

0.7%
Price Range
4
Total Days on Market

Property Timeline

Sold
Aug 1, 2024
$743,000
Property sold
Days on Market: 4
🏠
Listed for Sale
Jun 28, 2024
$738,000
Original listing
Agent: Greater Boston Home Team Office: Greater Boston Home Buying

Price & Status History

Date Event Price Change
Jun 28, 2024 New Listing Added $738,000

Market Statistics

Days on Market
3 days
Price per Sq Ft
$509

Tax History

Year Taxes Assessment
2024 $7,434 $704,000

Financial Details

Annual Property Tax
$7,434
Tax Year 2024
HOA Fee
$318
Monthly
Assessed Value
$704,000

Listing Information

Listing Agent Greater Boston Home Team
Listing Office Greater Boston Home Buying
Agent MLS ID TEAM0134
Office MLS ID BB3696
Listing Data Updated Aug 1, 2024 11:00 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Comparable Properties

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Market Analytics for Belmont, MA

Real-time market trends and pricing data for this area

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