NOT LISTED FOR SALE

124 Merrymount Rd Quincy, MA 02169

Quincy Center Neighborhood

Estimated Value: $1,073,262

12 Beds
4 Baths
3,086 Sq Ft
$348/Sq Ft Est. Value

Sale Details

Date Sold: December 10, 2021

Last sale price $920,000 $298 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,791 / mo

182 Days on Market

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

Last Buyer's Agent

Jim McGue

GRANITE GROUP REALTORS®

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Lot Details

  • 8,276

Parking

  • 2

Interior Spaces

  • Property has 2 Levels

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

8,276 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • Architectural Style: Victorian
  • Directions: Use GPS
  • Garage Yn: Yes
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1900

Interior Features

  • MAIN LO: AN5792
  • MAIN SO: BB8178
  • Full Bathrooms: 4
  • Total Bedrooms: 12
  • Fireplace: No
  • Stories: 4

Exterior Features

  • Roof: Shingle
  • Foundation Details: Granite
  • Construction Type: Frame
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • LOT SIZE: 8400
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 8276.4
  • Zoning: RESB

Multi Family

  • LEVELS 1: 2
  • LEASE 2: N
  • LEASE 1: N
  • Annual Gross Income: 120000
  • Property Net Operating Income: 120000
  • Number Of Units Total: 1
  • Total Actual Rent: 10000

Tax Info

  • Tax Annual Amount: 9355.08
  • Tax Book Number: 33488
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2021
Closed on
Dec 10, 2021
Sold by
Bought by
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
$1,073,262

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,262
Avg. Annual Appreciation
3.46%
Original Mortgage
$644,000
Outstanding Balance
$583,987
Interest Rate
3.14%
Mortgage Type
Commercial
Estimated Equity
$489,275

Purchase Details

Closed on
Sep 17, 2015
Sold by
Bought by

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
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$920,000 None Available
$623,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $644,000
Previous Owner $405,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • M

    Seller's Agent in 2021

    Michael Chen

    Round Room

    (617) 386-9486

    1 in this area

    1 Total Sale

    Michael Chen
    Section Image
  • Jim McGue

    Buyer's Agent in 2021

    Jim McGue

    GRANITE GROUP REALTORS®

    (617) 694-5756

    6 in this area

    70 Total Sales

    Jim McGue
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72816258

MLS Property Information Network (MLS PIN)

APN: QUIN-001116-000020-000058

Massachusetts Norfolk County Quincy 02169 Quincy Center

124 Merrymount Rd, Quincy, MA

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MLS Property Information Network (MLS PIN) 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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