NOT LISTED FOR SALE

1557 Blue Hill Ave Mattapan, MA 02126

Mattapan Square Neighborhood

Estimated Value: $1,391,580

6 Beds
6 Baths
3,954 Sq Ft
$352/Sq Ft Est. Value

Last Sold November 21, 2023

Last sale price $1,300,000 $329 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $7,524/month

36 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Cooling Available
  • Property is near public transit
  • Porch
  • Coin Laundry

About This Home

As of November 2023

Your opportunity to own this large cash positive building in the heart of Mattapan Square. Property is 4 units - 2 Residential 2 commercial and offers $10K in gross profits. Check with City of Boston for upcoming ADA zone change to allow 7 stories (i.e 3 additional units) allowing this to be even more of a beneficial property.

Last Agent to Sell the Property

Thomas White

TMW Realty Group Listed on: 07/26/2023

Last Buyer's Agent

Justin Hayward

Commonwealth Standard Realty Advisors

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,750

Year Built

  • Built in 2017

Lot Details

  • 4,245 Sq Ft Lot
  • Level Lot

Home Design

  • Quadruplex
  • Stone Foundation
  • Shingle Roof
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 3,954 Sq Ft Home
  • Insulated Windows
  • City Views
  • Partially Finished Basement
  • Walk-Out Basement
  • Washer and Gas Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • 1 Cooling Zone
  • 4 Heating Zones
  • Heating Available
  • 200+ Amp Service
  • Natural Gas Connected

Additional Features

  • Energy-Efficient Thermostat
  • Porch

Listing and Financial Details

  • Total Actual Rent $10,050
  • Rent includes unit 1(none), unit 2(none), unit 4(water)
  • Assessor Parcel Number 1801121000,1361270

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Additional Features

  • Coin Laundry
  • Net Operating Income $119,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,750

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • Year Built: 2017
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 10

Interior Features

  • Flooring: Wood,Vinyl,Carpet
  • Fireplace YN: No
  • Appliances: Utility Connections for Gas Range, Utility Connections for Gas Dryer
  • Total Bedrooms: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bathrooms: 6
  • Total Bathrooms: 5
  • Laundry Features: Washer Hookup
  • Basement: Partially Finished, Walk-Out Access
  • Living Area: 3954
  • Spa YN: No
  • Stories Total: 10
  • Window Features: Insulated Windows
  • MAIN LO: AN6495
  • LIST PRICE PER Sq Ft: 354.07
  • PRICE PER Sq Ft: 328.78
  • MAIN SO: AN2589

Exterior Features

  • Exterior Features: Porch,Balcony
  • Construction Materials: Stone
  • Foundation Details: Concrete Perimeter, Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • View: City View(s)
  • View YN: Yes
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Dryer, Washer Hookup
  • Cooling: Unit 2(Central Air)
  • Heating: Unit 1(Forced Air), Unit 2(Forced Air), Unit 4(Forced Air)
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 4
  • HEAT ZONES: 4
  • COOLING ZONES: 1
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Laundromat, Highway Access, House of Worship, Public School, T-Station
  • Rent Includes: Unit 1(None), Unit 2(None), Unit 4(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1801121000,1361270
  • Zoning: RC
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4245
  • Lot Size Units: Acres
  • PAGE: 00000
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 15750
  • Tax Book Number: 000000

Multi Family

  • Gross Income: 119400
  • Net Operating Income: 119400
  • Number Of Units Total: 4
  • Total Actual Rent: 10050
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 1
  • LEVELS 4: 4
  • LEVELS 2: 2
  • LEVELS 3: 3
  • LEASE 4: Y
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 4
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2019
Sold by
White Thomas
Bought by
Tmw Realty Investors Llc
Current Estimated Value
$1,391,580

Purchase Details

Listed on
Jun 14, 2016
Closed on
Nov 29, 2016
Sold by
White Joseph E and White Beverly S
Bought by
White Thomas
Seller's Agent
Robert Nichols
Boston Trust Realty Group
Buyer's Agent
Robert Nichols
Boston Trust Realty Group
List Price
$675,000
Sold Price
$675,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%
Original Mortgage
$549,450
Interest Rate
3.47%
Mortgage Type
FHA
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
Tmw Realty Investors Llc -- --
White Thomas $675,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open R & R Lfl Llc $1,040,000
Closed Tmw Rlty Invest Llc $842,212
Previous Owner White Thomas $549,450
Previous Owner White Joseph E $5,000
Previous Owner White Joseph E $376,950
Previous Owner White Joseph E $373,000
Previous Owner White Joseph E $9,500
Previous Owner White Joseph E $275,286
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2023 11/21/23 Sold $1,300,000 -7.1% $329 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
07/26/2023 07/26/23 For Sale $1,400,000 +107.4% $354 / Sq Ft
11/29/2016 11/29/16 Sold $675,000 0.0% $354 / Sq Ft
07/05/2016 07/05/16 Pending -- -- --
06/21/2016 06/21/16 Off Market $675,000 -- --
06/14/2016 06/14/16 For Sale $675,000 -- $354 / 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 -- $656,600 $177,400 $479,200
2024 -- $695,800 $177,400 $518,400
2023 $0 $707,100 $177,400 $529,700
2022 $0 $683,600 $177,400 $506,200
2021 $0 $698,100 $167,500 $530,600
2020 $0 $685,500 $167,500 $518,000
2019 $0 $676,000 $167,500 $508,500
2018 $0 $629,000 $162,600 $466,400
2017 $0 $599,000 $152,700 $446,300
2016 -- $545,500 $142,900 $402,600
2015 -- $478,500 $128,100 $350,400
2014 -- $449,500 $113,300 $336,200
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Thomas White

    TMW Realty Group

    Section Image

  • J

    Buyer's Agent in 2023

    Justin Hayward

    Commonwealth Standard Realty Advisors

    Section Image
  • Robert Nichols

    Seller's Agent in 2016

    Robert Nichols

    Boston Trust Realty Group

    (617) 997-4963

    130 Total Sales

    Robert Nichols
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73141127

MLS Property Information Network (MLS PIN)

APN: MATT-000000-000018-001121

Massachusetts Suffolk County Mattapan 02126 Mattapan Square

1557 Blue Hill Ave, Mattapan, MA

This home is located at 1557 Blue Hill Ave, Mattapan, MA 02126 since 26 July 2023 and is currently estimated at $1,391,580, approximately $351 per square foot. This property was built in 2017. 1557 Blue Hill Ave is a home located in Suffolk County with nearby schools including KIPP Academy Boston Charter School, Berea Seventh-day Adventist Academy, and St. Mary of the Hills School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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