NOT LISTED FOR SALE

Estimated Value: $689,000 - $815,000

5 Beds
2 Baths
1,750 Sq Ft
$438/Sq Ft Est. Value

Last Sold December 31, 2023

Last sale price $720,000 $411 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,647/month

29 Days on Market

About This Home

As of December 2023

Introducing an exceptional investment property located in the thriving Orient Heights neighborhood of East Boston! The current owner has diligently made numerous updates to this building, ensuring it is primed and ready for a new owner to step in and start earning rental income. Don't miss the opportunity to schedule your private showing today and discover the potential this property holds. Detailed expense information is available upon request.

Last Agent to Sell the Property

Ryan Taylor

Fortune RE Listed on: 10/04/2023

Co-Listed By

Brayden Haney

Fortune RE

Last Buyer's Agent

Yanilsa Nunez

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,020

Year Built

  • Built in 1900

Lot Details

  • 1,958 Sq Ft Lot
  • Corner Lot

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,750 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Community Details

  • 2 Units
  • Net Operating Income $54,000

Listing and Financial Details

  • Total Actual Rent $4,500
  • Assessor Parcel Number 1328016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,020

Year Built

Built in 1900

Lot Details

1,958 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Living Area: 1750
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN5321
  • MAIN SO: AN5486

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Waterfront Features: Beach Front, 1/2 to 1 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 1328016
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.04
  • Lot Size Sq Ft: 1958
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6020

Multi Family

  • Net Operating Income: 54000
  • Number Of Units Total: 2
  • Total Actual Rent: 4500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2023
Closed on
Jan 4, 2024
Sold by
Reonova Llc
Bought by
Lewenhaupt Carl M
Seller's Agent
Ryan Taylor
Fortune RE
Buyer's Agent
Yanilsa Nunez
eXp Realty
List Price
$725,000
Sold Price
$720,000
Premium/Discount to List
-$5,000
-0.69%
Views
123
Current Estimated Value
$765,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,982
Avg. Annual Appreciation
2.82%
Original Mortgage
$706,959
Outstanding Balance
$691,366
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
$74,616

Purchase Details

Listed on
Oct 28, 2021
Closed on
Mar 3, 2022
Sold by
114 Moore Rt and Dandrea
Bought by
Reonova Llc
Seller's Agent
Diana Franco
Century 21 North East
Buyer's Agent
Diana Franco
Century 21 North East
List Price
$609,900
Sold Price
$610,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.48%
Original Mortgage
$457,500
Interest Rate
3.69%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 17, 2020
Sold by
Vitello Harriet
Bought by
114 Moore Rt and Vitello

Purchase Details

Closed on
Apr 1, 1993
Sold by
Vitello Rev Tr Mary S and Costello Lillian
Bought by
Vitello Albert and Vitello Harriet
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
Lewenhaupt Carl M $720,000 None Available
Reonova Llc $610,000 None Available
114 Moore Rt -- None Available
Vitello Albert $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewenhaupt Carl M $706,959
Previous Owner Reonova Llc $457,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2023 12/31/23 Sold $720,000 -0.7% $411 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
10/04/2023 10/04/23 For Sale $725,000 +18.9% $414 / Sq Ft
03/03/2022 03/03/22 Sold $610,000 0.0% $355 / Sq Ft View Prior Sale
11/01/2021 11/01/21 For Sale $609,900 -- $355 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
Source: MLS Property Information Network (MLS PIN)

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 $7,420 $640,800 $263,800 $377,000
2024 $6,414 $588,400 $217,500 $370,900
2023 $6,020 $560,500 $207,200 $353,300
2022 $5,696 $523,500 $193,500 $330,000
2021 $5,320 $498,600 $184,300 $314,300
2020 $5,017 $475,100 $186,700 $288,400
2019 $4,552 $431,900 $127,500 $304,400
2018 $4,115 $392,700 $127,500 $265,200
2017 $3,762 $355,200 $127,500 $227,700
2016 $3,552 $322,900 $127,500 $195,400
2015 $3,086 $254,800 $87,500 $167,300
2014 $2,809 $223,300 $87,500 $135,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73166627

MLS Property Information Network (MLS PIN)

APN: EBOS-000000-000001-004287

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