NOT LISTED FOR SALE

Estimated Value: $3,168,000

0.13 Acre
$24,369,231 Price per Acre
5,502 Sq Ft Lot

Last Sold April 10, 2025

Last sale price $3,200,000

Est. 1% decrease in value since last sale

Current estimated payment $17,428/month

65 Days on Market

Highlights

  • Medical Services
  • 3-minute walk to Revere Beach Station
  • No HOA
  • Waterfront
  • Property is near public transit
  • Walking Distance to Water

About This Lot

As of April 2025

Become part of the “Shirley Avenue Resurgence” via this potential “50+ unit new construction development.” Currently, the mixed-use bldg consists of 2 Commercial storefronts with three residential units above. Totally “under-utilized” in its present state, zoning allows for various uses. The location is in a transit-oriented district 2-3 minutes from MBTA Blue Line, connecting to all points. Draft preliminary plans/Concepts for a 50-unit "transit-oriented development" for serious buyers/investors on file. Ideal for investors looking to add to their portfolio and be a part of Revere's "booming economy." 5 min walk to America's first public beach-Revere Beach. This is an excellent opportunity for builders/developers to convert multi-level mid-rise housing to an income-producing 50-unit bldg. See MLS # 73223415 for additional information regarding 27 Nahant Ave.

Last Agent to Sell the Property

Lou Markakis

Lynnway Associates Listed on: 04/12/2024

Co-Listed By

Rosa DeCastro

Lynnway Associates

Last Buyer's Agent

Joe Trichilo

Sciaraffa Real Estate, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,002

Lot Details

  • 5,502 Sq Ft Lot
  • Waterfront
  • Near Conservation Area
  • Fenced
  • Level Lot
  • 2 Lots in the community
  • Development of the land is complete
  • Additional Parcels
  • Property is zoned GB

Parking

  • Shared Driveway
  • Open Parking

Schools

  • Garfield Middle School
  • Revere High School

Additional Features

  • Property is near public transit
  • Electricity To Lot Line

Listing and Financial Details

  • Legal Lot and Block 1 / 146
  • Assessor Parcel Number M:8 B:146 L:2,1368605

Community Details

Overview

  • No Home Owners Association

Amenities

  • Medical Services
  • Coin Laundry

Recreation

  • Park
  • Walking Distance to Water

Property Details

Property Type

Land

Est. Annual Taxes

$2,002

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Commercial
  • Buyer Agency: 2.0
  • Transaction Broker: 1.0
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • ResoPropertyType: Land
  • Special Features: None

Interior Features

  • MAIN LO: AN7887
  • MAIN SO: AN7409

Exterior Features

  • Fencing: Fenced
  • Frontage Length: 112
  • Home Warranty YN: No
  • Road Frontage Type: Public, City Street
  • Road Surface Type: Paved
  • Waterfront Features: Beach Front, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Open Parking YN: Yes
  • Parking Features: Shared Driveway

Utilities

  • Sewer: Public Sewer
  • Gas: At Street
  • Electric: On-Site
  • Electricity On Property: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: MWRA

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation, Park, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, T-Station, Sidewalks
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:8 B:146 L:2,1368605
  • Zoning: GB
  • Additional Parcels YN: Yes
  • Development Status: Finish Graded
  • Farm Land Area Units: Square Feet
  • Lot Features: Level, Curbs & Gutters, Sidewalks
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5502
  • Lot Size Units: Acres
  • Number Of Lots: 2
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2002
  • Tax Block: 146
  • Tax Book Number: 0
  • Tax Lot: 1
  • Tax Map Number: 8

MLS Schools

  • High School: Revere
  • Middle Or Junior School: Garfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2005
Sold by
Angkor Rt and Keo
Bought by
Vanalune
Current Estimated Value
$3,168,000
Source: Public Records

Range of Values:

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Average Value
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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
Vanalune -- --
Vanalune -- --
Vanalune -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 114 Shirley Ave Llc $2,080,000
Closed 114 Shirley Ave Llc $2,080,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2025 04/10/25 Sold $3,200,000 0.0% --
06/17/2024 06/17/24 Pending -- -- --
04/12/2024 04/12/24 For Sale $3,199,900 -- --
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 $2,405 $265,200 $265,200 $0
2024 $2,196 $241,100 $241,100 $0
2023 $2,002 $210,500 $210,500 $0
2022 $2,089 $200,900 $200,900 $0
2021 $2,044 $184,800 $184,800 $0
2020 $1,991 $176,800 $176,800 $0
2019 $1,946 $160,700 $160,700 $0
2018 $2,062 $159,100 $159,100 $0
2017 $1,708 $122,100 $122,100 $0
2016 $1,533 $106,100 $106,100 $0
2015 $1,570 $106,100 $106,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73223413

MLS Property Information Network (MLS PIN)

APN: REVE-000008-000146-000002