Seller's Agent in 2013
Nick Burnes
Red Tree Real Estate
(617) 487-8015
10 Total Sales
11 Forbes St Jamaica Plain, MA 02130
Jamaica Plain NeighborhoodEstimated Value: $1,674,000 - $2,019,842
11
Beds
3
Baths
4,353
Sq Ft
$421/Sq Ft
Est. Value
About This Home
As of September 2013Huge 3 family in the heart of Jamaica Plains hip Hyde Square. Steps to T, whole foods, bars, restaurants and shops. Short commute to hospitals, schools, downtown. LOCATION,LOCATION, LOCATION, (AND SIZE) Property boasts separately metered systems, flat roof w/ direct access via back stairs and great view of the city skyline. Small backyard and rear porches off the kitchens. Large units w/ extraordinary ceiling height and washer/dryer hook-ups in each unit. Great buy and hold rented for $2400 for unit 1, $3000 for unit 2, and $3000 for unit 3 for september 1. Annual rent is $100,800. INSTANT MONEY MAKER. Upgrade units and collect more rent next year. Also great future condo-conversion and loft potential.
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$20,192
Year Built
1890
Lot Details
0
Listing Details
- Lot Description: Other (See Remarks)
- Other Agent: 1.00
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1890
Interior Features
- Has Basement: Yes
- Number of Rooms: 17
Exterior Features
- Foundation: Brick
Garage/Parking
- Parking Spaces: 0
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 14, 2013
Closed on
Sep 27, 2013
Sold by
Sweeney Gerald F and Ko Suejung
Bought by
Yu Jack
Seller's Agent
Nick Burnes
Red Tree Real Estate
Buyer's Agent
Nick Burnes
Red Tree Real Estate
List Price
$899,000
Sold Price
$950,000
Premium/Discount to List
$51,000
5.67%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$883,211
Avg. Annual Appreciation
4.52%
Original Mortgage
$645,300
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 19, 2004
Sold by
Stamatos Ft Prop
Bought by
Ko Suejung
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,800
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 21, 1994
Sold by
Saba Walid P
Bought by
Stamatos George
Purchase Details
Closed on
Sep 4, 1990
Sold by
Obrien Beth A
Bought by
Baidak Cyril
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Yu Jack | $950,000 | -- | |
| Yu Jack | $950,000 | -- | |
| Ko Suejung | $576,000 | -- | |
| Stamatos George | $26,000 | -- | |
| Baidak Cyril | $141,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Yu Jack | $643,000 | |
| Closed | Yu Jack | $645,300 | |
| Previous Owner | Sweeney Gerald F | $540,000 | |
| Previous Owner | Melton Mildred | $460,800 | |
| Previous Owner | Melton Mildred | $86,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/27/2013 09/27/13 | Sold | $950,000 | +5.7% | $218 / Sq Ft |
| 08/28/2013 08/28/13 | Pending | -- | -- | -- |
| 06/14/2013 06/14/13 | For Sale | $899,000 | -- | $207 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $20,192 | $1,743,700 | $461,800 | $1,281,900 |
| 2024 | $18,431 | $1,690,900 | $337,700 | $1,353,200 |
| 2023 | $17,632 | $1,641,700 | $327,900 | $1,313,800 |
| 2022 | $15,447 | $1,520,100 | $303,600 | $1,216,500 |
| 2021 | $15,447 | $1,447,700 | $289,100 | $1,158,600 |
| 2020 | $14,833 | $1,404,600 | $254,700 | $1,149,900 |
| 2019 | $13,463 | $1,277,300 | $179,000 | $1,098,300 |
| 2018 | $12,393 | $1,182,500 | $179,000 | $1,003,500 |
| 2017 | $2,646 | $1,029,000 | $179,000 | $850,000 |
| 2016 | $10,583 | $962,100 | $179,000 | $783,100 |
| 2015 | $9,083 | $750,000 | $155,000 | $595,000 |
| 2014 | $8,171 | $649,500 | $155,000 | $494,500 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71542086
APN: JAMA-000000-000019-000120
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