NOT LISTED FOR SALE

138 Madison Ave Quincy, MA 02169

South Quincy Neighborhood

Estimated Value: $927,000 - $1,055,000

6 Beds
2 Baths
2,428 Sq Ft
$407/Sq Ft Est. Value

Sale Details

Date Sold: February 1, 2019

Last sale price $735,000 $303 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $6,135 / mo

6 Days on Market

Highlights

  • Wood Flooring
  • Screened Porch
  • 4-minute walk to Bradford Street Playground

About This Home

As of February 2019

Commuter that would LOVE a short walk to the train? Well maintained 2 family home in South Quincy's much sought after Penn's Hill area.This property offers 2 spacious units, each has 3 beds,1 full bath, kitchen, dining room and living room.They share a walkup attic and a 2 car detached garage, additional parking in driveway and on street.First unit is freshly painted with newer stove, second unit has new fridge and stove.Hardwood floors throughout both units, updated heating system and washer and dryer hook up in partially finished basement. For the first time in over 3 decades the Independence Ave gate at Quincy Adams (red line) has opened, making Penn's Hill a commuter destination.Minutes from the “NEW” Quincy Center, close to highway, bus and a short walk to Faxon Park which has trails, athletic fields and a playground.This property is perfect for investors or owner occupancy. Great time to invest before year end! 1st floor is vacant, move in ready, 2nd floor is leased through Feb.

Last Agent to Sell the Property

Darah Joyce

Compass Listed on: 12/05/2018

Compass

Co-Listed By

Roe Noone

William Raveis R.E. & Home Services

Last Buyer's Agent

Stone Horse Properties Group

Access

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Lot Details

  • 7,405

Parking

  • 2 Car Garage

Flooring

  • Wood
  • Tile

Additional Features

  • Screened Porch
  • Year Round Access
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:3026 B:11 L:19

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

7,405 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 287.89
  • Comp Based On: Net Sale Price
  • Year Built: 1924
  • Lead Paint: Yes
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1924

Interior Features

  • Flooring: Tile, Hardwood
  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 12
  • Rms Common: Laundry
  • Basement: Y
  • Basement Features: Full, Partially Finished
  • Main Lo: AN2383
  • Main So: AN4691
  • Estimated Sq Ft: 2428.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch - Screened
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Paved Driveway
  • Parking Spaces: 2
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, for Gas Dryer

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, House of Worship, Public School, T-Station

Lot Info

  • Assessments: 593700.00
  • Acre: 0.17
  • Lot Size: 7425.00
  • Page: 660
  • Parcel Number: M:3026 B:11 L:19
  • Zoning: RESA
  • Lot Description: Paved Drive, Gentle Slope

Multi Family

  • Total Levels: 2
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 7920.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2018
Closed on
Feb 1, 2019
Sold by
Volpe Irt
Bought by
Ali Zainab
Seller's Agent
Darah Joyce
Compass
Buyer's Agent
Stone Horse Properties Group
Access
List Price
$699,000
Sold Price
$735,000
Premium/Discount to List
$36,000
5.15%
Current Estimated Value
$987,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,897
Avg. Annual Appreciation
4.15%
Original Mortgage
$543,700
Outstanding Balance
$478,974
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$508,923

Purchase Details

Closed on
Aug 20, 2012
Sold by
Volpe Frank and Volpe Francesco
Bought by
Volpe Irt

Purchase Details

Closed on
May 13, 1970
Bought by
Volpe Steven F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ali Zainab $735,000 --
Volpe Irt -- --
Volpe Steven F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ali Zainab $543,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2019 02/01/19 Sold $735,000 +5.2% $303 / Sq Ft
12/11/2018 12/11/18 Pending -- -- --
12/05/2018 12/05/18 For Sale $699,000 -- $288 / 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 $10,330 $895,900 $306,600 $589,300
2024 $9,734 $863,700 $292,000 $571,700
2023 $9,120 $819,400 $265,400 $554,000
2022 $8,965 $748,300 $221,200 $527,100
2021 $9,130 $752,100 $221,200 $530,900
2020 $8,922 $717,800 $221,200 $496,600
2019 $8,504 $677,600 $208,600 $469,000
2018 $7,920 $593,700 $193,200 $400,500
2017 $7,979 $563,100 $184,000 $379,100
2016 $6,970 $485,400 $160,000 $325,400
2015 $6,843 $468,700 $160,000 $308,700
2014 $6,107 $411,000 $160,000 $251,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2019

    Darah Joyce

    Compass

    Section Image
  • Roe Noone

    Seller Co-Listing Agent in 2019

    Roe Noone

    William Raveis R.E. & Home Services

    (781) 724-3270

    2 in this area

    48 Total Sales

    Roe Noone
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72430072

MLS Property Information Network (MLS PIN)

APN: QUIN-003026-000011-000019

Massachusetts Norfolk County Quincy 02169 South Quincy

138 Madison Ave, 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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