NOT LISTED FOR SALE

Estimated Value: $802,471 - $1,027,000

4 Beds
2 Baths
2,184 Sq Ft
$406/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $615,500 $282 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,369/month

11 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Enclosed Patio or Porch

About This Home

As of February 2020

This two-family home has been owner occupied for over 20 years.This two-family home offers two units with hardwood floors, separate utilities, off-street parking, gas cooking and oil heating systems. Second floor unit offers a walk-up finished attic. This property is also conveniently located close to the new Encore Boston Harbor Casino/Hotel, waterfront park, Wellington Station ‘s Orange Line, Medford's Station Landing, and Somerville's Assembly Row with great restaurants and shopping. This property also offers easy access to major routes and highways to Boston and Logan airport. Don't miss out on this great investment property. Any offers due Wednesday 12/11 by 12:00 P.M (noon)

Last Agent to Sell the Property

Christopher Tranchina

Advisors Living - Boston Listed on: 12/02/2019

Advisors Living - Boston

Last Buyer's Agent

Tenzin Sonam

SL Group Properties, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,281

Year Built

  • Built in 1925

Lot Details

  • 3,485

Flooring

  • Wood
  • Wall to Wall Carpet

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Rain Gutters

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:K0 B:01 L:000183

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,281

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 272.44
  • Comp Based On: Net Sale Price
  • Year Built: 1925
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Flooring: Wall to Wall Carpet, Hardwood
  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 12
  • Basement: Y
  • Basement Features: Full, Sump Pump
  • Main Lo: K95001
  • Main So: AN2616
  • Estimated Sq Ft: 2184.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed, Deck - Vinyl, Patio, Gutters
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range

Condo/Co-op/Association

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

Lot Info

  • Assessments: 521800.00
  • Acre: 0.08
  • Lot Size: 3507.00
  • Page: 590
  • Parcel Number: M:K0 B:01 L:000183
  • Zoning: AD
  • Lot Description: Paved Drive, Fenced/Enclosed, Level

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Heat Units: 2
  • Total Levels: 3
  • Total Rms: 14
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 6460.00
  • Assessor Parcel Number: 482110

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 2, 2019
Closed on
Feb 7, 2020
Sold by
Reed Gregory J and Reed Annette M
Bought by
Choephel Lobsang
Seller's Agent
Christopher Tranchina
Advisors Living - Boston
Buyer's Agent
Tenzin Sonam
SL Group Properties, LLC
List Price
$595,000
Sold Price
$615,500
Premium/Discount to List
$20,500
3.45%
Current Estimated Value
$886,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,618
Avg. Annual Appreciation
5.66%
Original Mortgage
$492,400
Outstanding Balance
$441,520
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$396,322

Purchase Details

Closed on
Nov 28, 1997
Sold by
Digby Rt
Bought by
Reed Gregory J and Reed Annette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,550
Interest Rate
7.26%
Mortgage Type
Purchase Money Mortgage
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
Choephel Lobsang $615,500 None Available
Reed Gregory J $176,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choephel Lobsang $492,400
Previous Owner Digby Rt $223,850
Previous Owner Reed Gregory J $35,000
Previous Owner Reed Annette M $176,100
Previous Owner Reed Annette M $150,000
Previous Owner Reed Annette M $170,000
Previous Owner Reed Gregory J $169,000
Previous Owner Reed Gregory J $167,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $615,500 +3.4% $282 / Sq Ft
12/13/2019 12/13/19 Pending -- -- --
12/02/2019 12/02/19 For Sale $595,000 -- $272 / 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 $8,281 $727,000 $192,700 $534,300
2024 $7,658 $668,200 $176,800 $491,400
2023 $7,552 $641,100 $176,800 $464,300
2022 $6,275 $605,700 $176,800 $428,900
2021 $5,813 $589,000 $176,800 $412,200
2020 $6,112 $574,400 $176,800 $397,600
2019 $6,460 $521,800 $168,300 $353,500
2018 $6,318 $458,500 $146,700 $311,800
2017 $5,750 $398,200 $112,800 $285,400
2016 $5,313 $367,700 $112,800 $254,900
2015 $5,062 $346,500 $106,000 $240,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72597368

MLS Property Information Network (MLS PIN)

APN: EVER-000000-K000001-000183