Real estate report: Taunton home flipped beautifully and re-sold for triple the price

TAUNTON — The boom in real estate prices has also carved out big opportunities for investment properties, or "house flipping." The recent fate of a particular Taunton home shows why, both in terms of return on investment and a beautiful, modernized home for the new owners.

A five-bedroom, three-bathroom, 2,000-square-foot home on Morton Avenue in Taunton sold for $505,000 on Feb. 8, according to real estate and mortgage data company The Warren Group.

The same property sold for $165,000 in March 2021. Meaning in 11 months, the home re-sold for more than triple the original price, and about a 206% increase.

But a peek inside the "brand new" home shows why.

"All the major updates have been done to make this home brand new," reads the home's description on Zillow.com, from listing agent Thumbring Realty. "Updates include new roof, electrical, plumbing, siding, driveway, spray foam insulation, and HVAC system. This home is ready for its new owners!"

The home now features spacious bedrooms, a mud room, a first floor master bedroom, a master closet with a barn door, a tiled master bathroom, a custom-built island in the kitchen, quartz countertops and a second floor with four bedrooms.

The seller is listed as Higher Up Decors LLC, based in Taunton.

More real estate sales: Sale of Berkley ranch with 'every amenity possible' tops $500,000

The top-selling home in Greater Taunton for Jan. 31 through Feb. 11 was in Dighton, where a 3,100-square-foot custom-designed Cape on Williams Street sold for $682,000.

Here are the rest of the residential property transactions for Jan. 31 through Feb. 11 in Greater Taunton.

BERKLEY

To Gaffney, Anthony J and Gaffney, Marisa J; from Azevedo FT and Azevedo, Frances; 12 Carlos Estates Dr, Berkley, on 02/01/2022, for $545,000.

To Moody, Christopher R and Moody, Jennifer; from Fruzzetti, Elizabeth T and Fruzzetti, Russell J; 11 Susan Dr, Berkley, on 02/07/2022, for $486,000.

DIGHTON

To Bartell, Megan and Anderson Jr, William; from Tavares, James and Tavares, Jennifer A; 899 Williams St, Dighton, on 02/01/2022, for $683,000.

To Sylvia, Alexandria M and Massaro Jr, Franco; from Broadbent, Jeffrey J; 2471 Chestnut St, Dighton, on 02/10/2022, for $285,000.

RAYNHAM

To Ngo, Anh T; from Tracy, Michael R; 349 King Philip St, Raynham, on 02/04/2022, for $430,000.

To Pacheco, Joseph; from Paige Edwin Est and Paige, Herbert E; 789 Orchard St, Raynham, on 02/10/2022, for $309,000.

TAUNTON

To Shepherd, Jeffrey and Shepherd, Cathleen; from Mello, Teresa M; 1236 Somerset Ave, Taunton, on 02/02/2022, for $335,000.

To Darosa, Denzil; from Combis RT and Combis, Samantha; 12 Prospect St, Taunton, on 02/02/2022, for $490,000.

To Reilly, Connor W; from Woodward, Peter R; 11 Spinnaker Ln, Taunton, on 02/02/2022, for $355,000.

To Ferreira Dev Group LLC; from Gifford, Vanessa L and Vieira, Carlos A; 602 Bay St, Taunton, on 02/03/2022, for $300,000.

To Property Possible Inc; from Felizardo, Maria Clara; 3 Pleadwell St, Taunton, on 02/07/2022, for $175,000.

To Sampaio-Yeary, Maria R; from Takki, John C and Takki, Pamela L; 251 S Precinct St, Taunton, on 02/07/2022, for $299,900.

To Massbay Renovation&Dev; from Engly, Nancy; 1 Karena Dr, Taunton, on 02/07/2022, for $105,000.

To Obas, Gener and Obas, Natalie; from Donnelly FT and Poole, Dawn M; 24 Highland Ter, Taunton, on 02/08/2022, for $460,000.

To Doten, Deborah E and Doten, Kenneth D; from Mclaughlin, Brian J; 25 Sir Joseph Ct, Taunton, on 02/08/2022, for $360,000.

To Ihade, Jessica; from Alves, Jay L; 51 Hodges Ave, Taunton, on 02/08/2022, for $399,900.

To Emungu, Maryse and Magbagbeola, Michael; from Higher Up Decors LLC; 4 Morton St, Taunton, on 02/08/2022, for $505,000.

To Austin, Shavon and Walper, Audrey R; from Verducci Vincent J Est and Verducci, Joann; 343 School St, Taunton, on 02/08/2022, for $325,000.

To Raphael, Renessa; from Kimani-Ndungu, John; 14 Marsh Dr, Taunton, on 02/09/2022, for $355,000.

To Taylor, James J; from Aspen Properties Dev LLC; 210 Hart St, Taunton, on 02/09/2022, for $360,000.

To Eastside Investments LLC; from Phillips Harold H Jr Est and Lafrance, Ann J; 5-7 General Cobb St, Taunton, on 02/09/2022, for $330,100.

To Ventura, Veronica; from RMC Construction INT and Costa, Robert M; 105 Arlington St, Taunton, on 02/10/2022, for $480,000.

To Docanto, Aires; from Maye, Michael P; 14 Matteson Ln, Taunton, on 02/10/2022, for $420,000.

To Griffith, Shannon T and Zarrilli, Stanley V; from Prochaska Rita H Est and Sanfilippo, Joel P; 115 Carriage Ln, Taunton, on 02/11/2022, for $285,000.

To Lopes-Tavares, Domingos and Domingos-Tavares, Eduardo; from Hodgson, James M and Coute, Kristine M; 16 Prospect St, Taunton, on 02/11/2022, for $570,000.

To Amaro, Andy; from Ramirez, Manuel P; 12 Campbell Ct, Taunton, on 02/11/2022, for $231,000.

This article originally appeared on The Taunton Daily Gazette: Real estate: Taunton home flipped and re-sold for triple the price

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