NOT LISTED FOR SALE

Estimated Value: $887,000 - $1,383,221

6 Beds
3 Baths
2,487 Sq Ft
$432/Sq Ft Est. Value

Last Sold September 03, 2020

Last sale price $969,445 $390 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,614/month

18 Days on Market

About This Home

As of September 2020

Turnkey, true three-family in prime Eastie location! Simply takeover the existing leases of this cash cow, and collect the strong rent roll of $6,125/month without lifting a finger. Rents set to increase next year as well, with multiple leases already in place. Owner occupancy potential as well- have renters cover your mortgage! All units have updated kitchens & bathrooms, large living rooms and bedrooms with ample closet space. Huge, private backyard with massive potential. Perfectly situated on Marion St., right next to all of the restaurants and city conveniences that Maverick Square and Central Square have to offer. Easy to rent commuter’s dream: quick walk to the Blue Line T and located next to I-90 This is your opportunity to purchase a low maintenance, high yielding investment property in an amazing location- don’t miss it! *Video tours available upon request*

Last Agent to Sell the Property

Steve Facelle

William Raveis R.E. & Home Services Listed on: 06/06/2020

William Raveis R.E. & Home Services

Co-Listed By

Aser Ghebremichael

Rise Realty

Last Buyer's Agent

The Team - Real Estate Advisors

Coldwell Banker Realty - Cambridge

Coldwell Banker Realty - Cambridge

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 1,742

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Wood Flooring
  • Fenced Yard
  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Renovated Since
  • List Price Per Sq Ft: 401.69
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Flooring: Wood
  • Total Flrs: 6
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Unfinished Basement, Exterior Access
  • Main Lo: AN2424
  • Main So: AN6181
  • Estimated Sq Ft: 2487.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Roof Material: Rubber
  • Exterior: Vinyl
  • Exterior Features: Fenced Yard
  • Foundation: Brick

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station

Lot Info

  • Assessments: 633700.00
  • Acre: 0.04
  • Lot Size: 1566.00
  • Zoning: R3
  • Lot Description: Level

Multi Family

  • APOD Available: Yes
  • Total Levels: 3
  • Total Rent: 6125
  • Total Rms: 15
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 6692.00
  • Assessor Parcel Number: 1332409

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2020
Closed on
Aug 27, 2020
Sold by
Jacobson Daniel and Rosenthal Lloyd
Bought by
Meilan Zachary
Seller's Agent
Steve Facelle
William Raveis R.E. & Home Services
Buyer's Agent
The Team - Real Estate Advisors
Coldwell Banker Realty - Cambridge
List Price
$999,000
Sold Price
$969,445
Premium/Discount to List
-$29,555
-2.96%
Current Estimated Value
$1,116,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,136
Avg. Annual Appreciation
1.91%
Original Mortgage
$884,762
Outstanding Balance
$786,610
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$286,945

Purchase Details

Listed on
Jun 6, 2020
Closed on
Aug 22, 2020
Sold by
Rj Leyden Llc
Bought by
Jacobson Daniel and Rosenthal Lloyd
Seller's Agent
Steve Facelle
William Raveis R.E. & Home Services
Buyer's Agent
The Team - Real Estate Advisors
Coldwell Banker Realty - Cambridge
List Price
$999,000
Sold Price
$969,445
Premium/Discount to List
-$29,555
-2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$884,762
Outstanding Balance
$786,610
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$286,945

Purchase Details

Closed on
Apr 30, 2009
Sold by
Bartolomeo Aida M
Bought by
Bartolomeo Robert P and Caldarelli Bernice

Purchase Details

Closed on
Jan 21, 2004
Sold by
Bartolomeo Aida M and Zerola Mafalda M
Bought by
159 Marion Street Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100
Interest Rate
6.03%
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
Meilan Zachary $969,445 None Available
Jacobson Daniel -- None Available
Bartolomeo Robert P -- --
159 Marion Street Rt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meilan Zachary $884,762
Previous Owner 159 Marion Street Rt $30,000
Previous Owner 159 Marion Street Rt $1,100
Previous Owner 159 Marion Street Rt $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2020 09/03/20 Sold $969,445 -3.0% $390 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/06/2020 06/06/20 For Sale $999,000 -- $402 / 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 $9,719 $839,300 $230,000 $609,300
2024 $8,483 $778,300 $213,400 $564,900
2023 $8,274 $770,400 $211,200 $559,200
2022 $7,690 $706,800 $193,800 $513,000
2021 $7,542 $706,800 $193,800 $513,000
2020 $6,692 $633,700 $216,000 $417,700
2019 $5,962 $565,700 $130,100 $435,600
2018 $5,292 $505,000 $130,100 $374,900
2017 $4,649 $439,000 $130,100 $308,900
2016 $3,669 $333,500 $130,100 $203,400
2015 $3,370 $278,300 $98,400 $179,900
2014 $2,945 $234,100 $98,400 $135,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72668984

MLS Property Information Network (MLS PIN)

APN: EBOS-000000-000001-006038