NOT LISTED FOR SALE

Estimated Value: $1,162,000 - $1,452,000

9 Beds
3 Baths
3,926 Sq Ft
$326/Sq Ft Est. Value

Last Sold September 15, 2021

Last sale price $1,025,000 $261 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,803/month

7 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Tennis Courts
  • Deck
  • Wood Flooring
  • Porch

About This Home

As of September 2021

Great investment property - Cash Cow! Large 3 family in a desirable Everett neighborhood just a few minutes from Downtown Boston. Each unit offers 3 bedrooms and 5 large rooms. All 3 units are de-leaded with certificates. Updates have been made throughout all the units including appliances, updated bathrooms, paint, floors, and more. The gas furnace and water tanks are less than 5 years old. The property also offers a newly fenced in backyard and driveway for 3 cars. Rents are below market value. $1500/year from coin-op washer and dryer. Unit 1 leased through 02/01/2022. Units 2 leased through 08/31/2021. Unit 3 TAW. This is a must see and will go fast!

Last Agent to Sell the Property

Josh McKenna

Branca Real Estate Listed on: 08/03/2021

Last Buyer's Agent

Simon Gray

Coldwell Banker Realty - Newton

Coldwell Banker Realty - Newton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,439

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • 3,926 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 3 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 3 Heating Zones
  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $6,550
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:B0 B:02 L:000087,478349

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Park
  • Bike Trail

Building Details

  • Net Operating Income $80,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,439

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Tile,Varies Per Unit, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors), Unit 3(Tile Floor,Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans,Lead Certification Available,Upgraded Cabinets,Bathroom With Tub & Shower,Open Floor Plan), Unit 2(Ceiling Fans,Lead Certification Available,Upgraded Cabinets,Bathroom With Tub & Shower), Unit 3(Ceiling Fans,Lead Certification Available,Upgraded Cabinets,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Living RM/Dining RM Combo), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Microwave,Refrigerator), Unit 2(Range,Dishwasher,Disposal,Microwave,Refrigerator), Unit 3(Range,Dishwasher,Disposal,Microwave,Refrigerator), Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections Varies per Unit
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Laundry Room
  • Basement: Full, Walk-Out Access, Interior Entry, Unfinished
  • Living Area: 3926
  • Stories Total: 6
  • MAIN LO: AC1563
  • LIST PRICE PER Sq Ft: 253.44
  • PRICE PER Sq Ft: 261.08
  • MAIN SO: AN5454

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, Varies per Unit
  • Heating: Unit 1(Forced Air,Electric Baseboard), Unit 2(Electric Baseboard), Unit 3(Forced Air)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Medical Facility, Laundromat, Bike Path, Highway Access, Private School, Public School, T-Station, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Lot Info

  • Parcel Number: M:B0 B:02 L:000087,478349
  • Zoning: DD
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3920.399999
  • Lot Size Units: Acres
  • LOT SIZE: 3759
  • PAGE: 374

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8439
  • Tax Book Number: 73972

Multi Family

  • Gross Income: 80100
  • Net Operating Income: 80100
  • Number Of Units Total: 3
  • Total Actual Rent: 6550
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2021
Closed on
Sep 7, 2021
Sold by
Victor Invs Capital Llc
Bought by
Fazio Enterprises Inc
Seller's Agent
Josh McKenna
Branca Real Estate
Buyer's Agent
Simon Gray
Coldwell Banker Realty - Newton
List Price
$995,000
Sold Price
$1,025,000
Premium/Discount to List
$30,000
3.02%
Current Estimated Value
$1,279,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,584
Avg. Annual Appreciation
4.31%

Purchase Details

Listed on
Nov 12, 2019
Closed on
Jan 2, 2020
Sold by
V & D Rt
Bought by
Victor Investments Capitl
Seller's Agent
Dan Fabbri
Century 21 North East
Buyer's Agent
Josh McKenna
Branca Real Estate
List Price
$879,900
Sold Price
$900,000
Premium/Discount to List
$20,100
2.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.05%
Original Mortgage
$675,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2009
Sold by
Rauseo Paul W
Bought by
V & D Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 6, 2009
Sold by
Us Bk
Bought by
Rauseo Paul W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2009
Sold by
Legerstrom Rita
Bought by
Us Bk

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2008
Sold by
Legerstrom Rita
Bought by
Glendale St T

Purchase Details

Closed on
Jul 11, 1996
Sold by
Cipollone Raffaele
Bought by
Buoniconti Rita

Purchase Details

Closed on
May 3, 1994
Sold by
Rinaldi Nunziante and Rinaldi Pasqualina
Bought by
Cipollone Raffaele

Purchase Details

Closed on
Jun 1, 1988
Sold by
Hirl Eleanor J
Bought by
Rinaldi Rocco
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
Fazio Enterprises Inc $1,025,000 None Available
Victor Investments Capitl $900,000 None Available
V & D Rt -- --
Rauseo Paul W $282,000 --
Us Bk $485,806 --
Glendale St T -- --
Buoniconti Rita $126,000 --
Cipollone Raffaele $93,000 --
Rinaldi Rocco $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Victor Investments Capitl $675,000
Previous Owner Rauseo Paul W $211,500
Previous Owner Rinaldi Rocco $310,500
Previous Owner Rinaldi Rocco $227,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2021 09/15/21 Sold $1,025,000 +3.0% $261 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $995,000 +10.6% $253 / Sq Ft
01/10/2020 01/10/20 Sold $900,000 +2.3% $229 / Sq Ft
11/19/2019 11/19/19 Pending -- -- --
11/12/2019 11/12/19 For Sale $879,900 -- $224 / 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 $12,544 $1,101,300 $256,600 $844,700
2024 $11,591 $1,011,400 $228,100 $783,300
2023 $11,330 $961,800 $209,100 $752,700
2022 $8,860 $855,200 $199,600 $655,600
2021 $8,439 $855,000 $178,700 $676,300
2020 $7,717 $725,300 $178,700 $546,600
2019 $8,144 $657,800 $170,100 $487,700
2018 $7,663 $556,100 $148,300 $407,800
2017 $7,168 $496,400 $114,000 $382,400
2016 $6,568 $454,500 $114,000 $340,500
2015 $6,247 $427,600 $107,200 $320,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72875755

MLS Property Information Network (MLS PIN)

APN: EVER-000000-B000002-000087