NOT LISTED FOR SALE

Estimated Value: $919,000 - $1,074,000

6 Beds
2.5 Baths
2,858 Sq Ft
$352/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $850,000 $297 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,325/month

21 Days on Market

Highlights

  • Property is near public transit
  • Coin Laundry
  • 3-minute walk to Cuneo Park

About This Home

As of September 2021

Great Eastie Investment opportunity with exceptionally strong rental history. The property has recently updated kitchens and bathrooms and this gem boasts good sized bedrooms, newer roof and newer gas heating systems, as well as an enclosed back patio in the red hot East Boston submarket. Get in now as the rapidly evolving East Boston real estate market continues to appreciate, leveraging massive revitalization throughout the entire neighborhood from Jeffries Point to Orient Heights. Anchored by waterfront, parks and beaches, as well as a plethora of Development from Maverick Square all the way out to Suffolk Downs, Boston's largest ever planned development, now is the time to get in and invest in the city's most exciting submarket.

Last Agent to Sell the Property

Vineburgh DiMella Team

Charlesgate Realty Group, llc Listed on: 07/21/2021

Co-Listed By

Corey Moy

Grove Property Group

Last Buyer's Agent

The Hines Group

Lantern Residential

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,848

Year Built

  • Built in 1910

Lot Details

  • 2,614

Interior Spaces

  • 2,858 Sq Ft Home
  • Property has 2 Levels
  • Unfinished Basement

Bedrooms and Bathrooms

  • 6 Bedrooms

Additional Features

  • 2,614 Sq Ft Lot
  • Property is near public transit

Community Details

  • 2 Units
  • Coin Laundry
  • Net Operating Income $60,600

Listing and Financial Details

  • Total Actual Rent $5,050
  • Assessor Parcel Number 1329129

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,848

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1910
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Dual Variable: Yes
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 4

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Basement: Unfinished
  • Living Area: 2858
  • Stories Total: 4
  • MAIN LO: NB1520
  • LIST PRICE PER Sq Ft: 299.34
  • PRICE PER Sq Ft: 297.41
  • MAIN SO: AN6527

Exterior Features

  • Foundation Details: Other
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Laundromat, Highway Access, T-Station

Lot Info

  • Parcel Number: 1329129
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2613.6
  • Lot Size Units: Acres
  • LOT SIZE: 2630
  • PAGE: 0000

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7847.8
  • Tax Book Number: 000

Multi Family

  • Gross Income: 60600
  • Net Operating Income: 60600
  • Number Of Units Total: 2
  • Total Actual Rent: 5050
  • LEVELS 1: 2
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2021
Closed on
Sep 16, 2021
Sold by
Blue Sky Ranch Llc
Bought by
Ryan-Harty Michele E and Harty Timothy M
Seller's Agent
Vineburgh DiMella Team
Charlesgate Realty Group, llc
Buyer's Agent
The Hines Group
Lantern Residential
List Price
$855,500
Sold Price
$850,000
Premium/Discount to List
-$5,500
-0.64%
Current Estimated Value
$1,006,235

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,235
Avg. Annual Appreciation
6.68%
Original Mortgage
$722,500
Outstanding Balance
$663,658
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$433,844

Purchase Details

Closed on
May 31, 2017
Sold by
Nastari Anthony J
Bought by
Blue Sky Ranch Llc

Purchase Details

Closed on
Feb 28, 2014
Sold by
Horace Street Rt
Bought by
Nastari Anthony J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$327,950
Interest Rate
2.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 11, 2003
Sold by
Cioffi John P and Mckay Maria L
Bought by
Horace St Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 1988
Sold by
Campana Joseph Est
Bought by
Cioffi Mary
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
Ryan-Harty Michele E $850,000 None Available
Blue Sky Ranch Llc $586,500 --
Nastari Anthony J $334,000 --
Horace St Rt $550,000 --
Horace St Rt $550,000 --
Cioffi Mary $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryan-Harty Michele E $722,500
Closed Ryan-Harty Michele E $722,500
Previous Owner Blue Sky Ranch Llc $2,583,500
Previous Owner Nastari Anthony J $369,026
Previous Owner Nastari Anthony J $327,950
Previous Owner Horace Street Rt $410,000
Previous Owner Cioffi Mary $412,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $850,000 -0.6% $297 / Sq Ft
08/11/2021 08/11/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $855,500 -- $299 / Sq Ft
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 $10,230 $883,400 $262,500 $620,900
2024 $9,636 $884,000 $199,900 $684,100
2023 $9,044 $842,100 $190,400 $651,700
2022 $8,403 $772,300 $177,900 $594,400
2021 $7,848 $735,500 $169,400 $566,100
2020 $6,598 $624,800 $170,000 $454,800
2019 $5,987 $568,000 $116,100 $451,900
2018 $4,099 $391,100 $116,100 $275,000
2017 $3,765 $355,500 $116,100 $239,400
2016 $3,555 $323,200 $116,100 $207,100
2015 $3,227 $266,500 $90,300 $176,200
2014 $2,690 $213,800 $90,300 $123,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72868938

MLS Property Information Network (MLS PIN)

APN: EBOS-000000-000001-001009