M
Seller's Agent in 2021
Michael Chen
Round Room
124 Merrymount Rd Quincy, MA 02169
Quincy Center NeighborhoodEstimated Value: $1,089,046
12
Beds
4
Baths
3,086
Sq Ft
$353/Sq Ft
Est. Value
About This Home
As of December 2021***Investment Opportunity*** Large Rooming/Boarding house located in Quincy. Rooms rented on average for $850 a month and all rooms are currently occupied. Total monthly rent of $10,000! Plenty of off street parking available and a 2 car garage. Coin-op laundry in basement.
Last Agent to Sell the Property
Michael Chen
Round Room Listed on: 04/16/2021
Property Details
Home Type
- Multi-Family
Year Built
- 1900
Lot Details
- 8,276
Parking
- 2
Interior Spaces
- Property has 2 Levels
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2021
Closed on
Dec 10, 2021
Sold by
New Quincy Lodge 2 Llc
Bought by
124 Merrymount Road Llc
Seller's Agent
Michael Chen
Round Room
Buyer's Agent
Jim McGue
GRANITE GROUP REALTORS®
List Price
$1,100,000
Sold Price
$920,000
Premium/Discount to List
-$180,000
-16.36%
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
$169,046
Avg. Annual Appreciation
4.21%
Original Mortgage
$644,000
Outstanding Balance
$592,549
Interest Rate
3.14%
Mortgage Type
Commercial
Estimated Equity
$497,753
Purchase Details
Closed on
Sep 17, 2015
Sold by
Emerald Rt
Bought by
New Quincy Lodge 2 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
3.94%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| 124 Merrymount Road Llc | $920,000 | None Available | |
| New Quincy Lodge 2 Llc | $623,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 124 Merrymount Road Llc | $644,000 | |
| Previous Owner | New Quincy Lodge 2 Llc | $405,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/10/2021 12/10/21 | Sold | $920,000 | -6.1% | $298 / Sq Ft |
| 10/15/2021 10/15/21 | Pending | -- | -- | -- |
| 07/15/2021 07/15/21 | Price Changed | $980,000 | -1.9% | $318 / Sq Ft |
| 05/14/2021 05/14/21 | Price Changed | $999,000 | -9.2% | $324 / Sq Ft |
| 04/16/2021 04/16/21 | For Sale | $1,100,000 | -- | $356 / Sq Ft |
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 | $11,922 | $1,034,000 | $277,900 | $756,100 |
| 2024 | $11,071 | $982,300 | $250,100 | $732,200 |
| 2023 | $9,977 | $896,400 | $227,400 | $669,000 |
| 2022 | $9,757 | $814,400 | $206,900 | $607,500 |
| 2021 | $9,355 | $770,600 | $206,900 | $563,700 |
| 2020 | $9,144 | $735,600 | $185,500 | $550,100 |
| 2019 | $9,109 | $725,800 | $175,100 | $550,700 |
| 2018 | $10,373 | $777,600 | $186,000 | $591,600 |
| 2017 | $8,301 | $585,800 | $177,300 | $408,500 |
| 2016 | $8,879 | $618,300 | $176,800 | $441,500 |
| 2015 | $8,652 | $592,600 | $182,800 | $409,800 |
| 2014 | $8,515 | $573,000 | $170,400 | $402,600 |
Source: Public Records
Agents Affiliated with this Home
-
-
Jim McGue
Buyer's Agent in 2021
Jim McGue
GRANITE GROUP REALTORS®
(617) 694-5756
7 in this area
72 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72816258
APN: QUIN-001116-000020-000058
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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