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1-3 Oak Ave

Belmont, MA 02478

4 bd 4 ba 3,219 sqft Built 1906 Lot 4,801 sqft multi_family
Most recent sale
$1,050,000
Nov 15, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 15, 2021 Sold $1,050,000 MLS #72892615
Sep 13, 2021 Price changed $1,200,000 MLS #72892615
Sep 9, 2021 Listed $1,395,000 MLS #72892615

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $642,000 $620,000 $1,262,000 $14,374
2024 $500,000 $696,000 $1,196,000 $12,630
2023 $346,000 $657,000 $1,003,000 $11,274
2022 $489,000 $634,000 $1,123,000 $12,982
2021 $409,000 $628,000 $1,037,000 $11,967
2020 $430,000 $648,000 $1,078,000 $11,858
2019 $432,000 $544,000 $976,000 $11,390
2018 $432,000 $494,000 $926,000 $11,251
2016 $428,000 $453,000 $881,000 $11,065
2015 $371,000 $353,000 $724,000 $9,340
2014 $390,000 $289,000 $679,000 $9,167
2006 $488,000 $254,000 $742,000 $7,724
2005 $496,000 $231,000 $727,000 $7,772
2004 $458,000 $221,000 $679,000 $7,272
2003 $415,000 $212,000 $627,000 $6,759

Property facts

Year built
1906
Property type
multi_family
Stories
3
Beds
4
Baths
4
Living area
3,219 sqft
Lot size
4,801 sqft
ZIP code
02478
City
Belmont
Street
Oak Ave
Coordinates
42.37957, -71.17159

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$9,335
Gross rental yield
10.67%
Implied cap rate
6.93%
Trend-extrapolated value

Frequently asked questions

When did 1-3 Oak Ave last sell?
1-3 Oak Ave most recently sold on Nov 15, 2021 for $1,050,000.
What is the current tax assessment for 1-3 Oak Ave?
The most recent total assessment for 1-3 Oak Ave (year 2025) is $1,262,000 with $14,374 in property tax.
How does 1-3 Oak Ave's assessment compare to its last sale price?
The current assessment is 20.2% above the last sale price of $1,050,000.
When was 1-3 Oak Ave built?
1-3 Oak Ave was built in 1906.
How does 1-3 Oak Ave compare to others on Oak Ave?
We track 3 other properties on Oak Ave. Browse the list under "Other properties on Oak Ave" to compare beds, baths, and sale history.
What are the property facts for 1-3 Oak Ave?
1-3 Oak Ave is a 4 bed, 4 bath, 3,219 sqft, 4,801 sqft lot multi_family.
Is 1-3 Oak Ave a flip candidate?
No — 1-3 Oak Ave does not appear in our flips dataset.
Is 1-3 Oak Ave a tax-appeal candidate?
Yes — 1-3 Oak Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.9%
Implied 1-yr
-11.6%
2026 Q2
$1.2M
2026 Q3
$1.16M
ZIP 02478 — Median Price History + Forecast

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