NOT LISTED FOR SALE

Estimated Value: $1,938,000

18 Beds
12 Baths
5,808 Sq Ft
$334/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $4,375,000 $753 Per Sq Ft

Current estimated payment $11,680/month

30 Days on Market

About This Home

As of June 2018

RARE SOUTHIE 6-UNIT conveniently owned as (2) 3-Family Dwellings which allows for easier and more lucrative financing. Six spectacular gut-renovated condo quality suites in a fully sprinkled building wrapped in Hardie-Board Siding, on the coveted East Side of South Boston, located a mere three blocks from the beach. All units featuring 3 bedrooms & 2 full bathrooms with gleaming hardwood floors, beautiful stone counters, gorgeous bay windows are complemented by ample light, crown moldings, central A/C, and in-home washers and dryers are only some of the included amenities. Possible VALUE-ADD component by duplexing the first floor with the basement, which is currently an expansive open storage area with high ceiling height. Currently rented at $275k/year, but has plenty of room for increase. Phenomenal ROCK-SOLID INVESTMENT in one of Boston's quickest equity-building neighborhoods.

Last Agent to Sell the Property

John Federico

Greater Metropolitan R. E. Listed on: 02/26/2018

Last Buyer's Agent

John Federico

Greater Metropolitan R. E. Listed on: 02/26/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1899

Lot Details

  • 2,178

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Commission: 2.25
  • Other Agent: 2.00
  • Seller Agency: 2.25
  • Sub-Agency Relationship Offered: Yes
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 773.93
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1899
  • Lead Paint: Unknown
  • Col Common: Central Air
  • Ife Common: Hardwood Floors
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1899

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 18
  • Total Brs: 18
  • Full Bathrooms: 12
  • Total Fbh: 12
  • No Rooms: 15
  • Basement: Y
  • Main Lo: NB1092
  • Main So: NB1092
  • Estimated Sq Ft: 5808.00

Exterior Features

  • Foundation: Poured Concrete

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • App Common: Washer, Dryer
  • Hea Common: Central Heat

Lot Info

  • Assessments: 1609000.00
  • Acre: 0.05
  • Lot Size: 2286.00
  • Page: 302
  • Zoning: res

Multi Family

  • Total Levels: 3
  • Total Rent: 22800
  • Total Rms: 30
  • No Units: 6
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 17037.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2018
Closed on
Jun 29, 2018
Sold by
Torrington Webb Llc
Bought by
Copps Hill Rt
Seller's Agent
John Federico
Greater Metropolitan R. E.
Buyer's Agent
John Federico
Greater Metropolitan R. E.
List Price
$4,495,000
Sold Price
$4,375,000
Premium/Discount to List
-$120,000
-2.67%
Current Estimated Value
$1,938,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,437,000
Original Mortgage
$1,640,625
Outstanding Balance
$1,429,646
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2017
Sold by
13 Webb Park Llc
Bought by
Torrungton Webb Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,840,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2015
Sold by
Sullivan Jean and Sullivan Carla
Bought by
13 Webb Park Llc

Purchase Details

Closed on
Jun 26, 1987
Sold by
Cunniff Roland F
Bought by
Sullivan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
10.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Copps Hill Rt $4,375,000 --
Torrungton Webb Llc $3,550,000 --
13 Webb Park Llc $880,000 --
Sullivan J $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Copps Hill Rt $1,640,625
Previous Owner Torrungton Webb Llc $2,840,000
Previous Owner Sullivan J $161,500
Previous Owner Sullivan J $182,000
Previous Owner Sullivan J $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold $4,375,000 -2.7% $753 / Sq Ft
03/28/2018 03/28/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $4,495,000 -- $774 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,553 $1,602,200 $452,700 $1,149,500
2024 $17,347 $1,591,500 $296,300 $1,295,200
2023 $16,125 $1,501,400 $279,500 $1,221,900
2022 $14,850 $1,364,900 $254,100 $1,110,800
2021 $14,563 $1,364,900 $254,100 $1,110,800
2020 $12,956 $1,226,900 $240,900 $986,000
2019 $12,320 $1,168,900 $181,000 $987,900
2018 $11,813 $1,127,200 $181,000 $946,200
2017 $9,153 $864,300 $181,000 $683,300
2016 $8,268 $751,600 $181,000 $570,600
2015 $7,529 $621,700 $147,700 $474,000
2014 $6,651 $528,700 $147,700 $381,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72285738

MLS Property Information Network (MLS PIN)

APN: SBOS-000000-000007-002221