NOT LISTED FOR SALE

1509 N Shore Rd Revere, MA 02151

Crescent Beach Neighborhood

Estimated Value: $901,000 - $1,389,616

6 Beds
3 Baths
2,710 Sq Ft
$430/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $800,000 $295 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,803/month

14 Days on Market

About This Home

As of April 2021

AMAZING INVESTMENT OPPORTUNITY! RARE three unit multi-family property for sale in a PRIME LOCATION right next to the Revere Beach train station in a newly developing neighborhood! Basement unit is a one bedroom. Second unit is a two bedroom that was completely renovated in August 2018 with a brand new kitchen and hardwood floors throughout. Third unit is a three bedroom. All rented units are tenancy-at-will agreements. Upgrades include all new circuit breaker panels and main breakers in December 2018. One hot water heater was replaced August 2018. All units are lead certified. All units are separately metered; tenants pay for their own electric and gas bills.

Last Agent to Sell the Property

James Russo

New Boston Real Estate Services, LLC Listed on: 03/01/2021

Co-Listed By

Karen Tran

New Boston Real Estate Services, LLC

Last Buyer's Agent

Peggy Pratt

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,231

Year Built

  • Built in 1900

Lot Details

  • 1,742

Additional Features

  • Deck
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:8 B:144 L:14

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,231

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Insc: 3700
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 295.20
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1900
  • Lead Paint: Certified Treated
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 13
  • Basement: Y
  • Basement Features: Partially Finished
  • Main Lo: AC0529
  • Main So: AN4339
  • Estimated Sq Ft: 2710.00
  • Basement Included Sq Ft: Yes

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Features: Deck - Wood
  • Foundation: Concrete Block

Garage/Parking

  • Parking Feature: Off-Street

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 160
  • Electric Features: Circuit Breakers, Individually Metered
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Public School, T-Station

Lot Info

  • Assessments: 503600.00
  • Acre: 0.04
  • Lot Size: 1819.00
  • Page: 103
  • Parcel Number: M:8 B:144 L:14
  • Zoning: GB

Multi Family

  • Total Levels: 4
  • Total Rent: 3900
  • Total Rms: 13
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 5671.00
  • Assessor Parcel Number: 1368582
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2022
Sold by
Iannaco Angelo
Bought by
Havre Llc
Current Estimated Value
$1,166,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Outstanding Balance
$993,720
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$172,684

Purchase Details

Closed on
Aug 29, 2008
Sold by
Modesto Aracely S and Deutsche Bank Natl T C
Bought by
Iannaco Angelo

Purchase Details

Closed on
Jun 10, 2005
Sold by
Rosa Deneir and Rosa Denier
Bought by
Modesto Aracely S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2003
Sold by
Giove Stephen N and Giove Diane G
Bought by
Rosa Deneir
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

Date Buyer Sale Price Title Company
Havre Llc $1,250,000 None Available
Havre Llc $1,250,000 None Available
Havre Llc $1,250,000 None Available
Iannaco Angelo $286,000 --
Iannaco Angelo $286,000 --
Iannaco Angelo $286,000 --
Modesto Aracely S $575,000 --
Modesto Aracely S $575,000 --
Modesto Aracely S $575,000 --
Rosa Deneir $424,000 --
Rosa Deneir $424,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Havre Llc $1,050,000
Closed Havre Llc $1,050,000
Previous Owner Modesto Aracely S $436,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2021 04/23/21 Sold $800,000 0.0% $295 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $800,000 -- $295 / 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 $8,231 $907,500 $261,300 $646,200
2024 $7,856 $862,300 $237,500 $624,800
2023 $6,934 $729,100 $207,400 $521,700
2022 $6,901 $663,600 $197,900 $465,700
2021 $6,712 $606,900 $182,100 $424,800
2020 $6,549 $581,600 $174,200 $407,400
2019 $5,950 $491,300 $158,400 $332,900
2018 $5,968 $460,500 $156,800 $303,700
2017 $5,497 $392,900 $120,400 $272,500
2016 $4,381 $303,200 $104,500 $198,700
2015 $4,487 $303,200 $104,500 $198,700
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    James Russo

    New Boston Real Estate Services, LLC

    (617) 387-2222

    2 in this area

    4 Total Sales

    James Russo
    Section Image

  • K

    Seller Co-Listing Agent in 2021

    Karen Tran

    New Boston Real Estate Services, LLC

    1 in this area

    7 Total Sales

    Karen Tran
    Section Image
  • Peggy Pratt

    Buyer's Agent in 2021

    Peggy Pratt

    Century 21 North East

    (781) 286-8900

    5 in this area

    176 Total Sales

    Peggy Pratt
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72798242

MLS Property Information Network (MLS PIN)

APN: REVE-000008-000144-000013

Massachusetts Suffolk County Revere 02151 Crescent Beach

1509 N Shore Rd, Revere, MA

Not Listed for Sale

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