NOT LISTED FOR SALE

Estimated Value: $2,448,000 - $2,917,000

12 Beds
6 Baths
3,696 Sq Ft
$724/Sq Ft Est. Value

Sale Details

Date Sold: June 16, 2022

Last sale price $2,446,000 $662 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $16,634 / mo

Highlights

  • Medical Services
  • 4-minute walk to Roxbury Crossing Station
  • Wood Flooring
  • Beethoven Elementary School Rated A-
  • Property is near golf course, public transit, and schools
  • 1-minute walk to Gibbons Playground

About This Home

As of June 2022

Rarely available brick 3-family on the front of Mission Hill provides a great opportunity for investors looking to take advantage of Boston's surging rental market. 16 Sewall St is completely turn-key with each unit offering 4 bedrooms, 2 updated bathrooms. Units feature updated granite kitchens with stainless steel appliances, central HVAC, & hardwood floors throughout. All units have been freshly repainted. Unit 1 is a 4 bedroom 2 bath duplex leased at $4,500/mo, unit 2 is leased at $4,300/mo and unit 3 is leased at $4,250/mo beginning on 9/1/22. Amazing location, close to Longwood Medical Area – the largest employer in the city outside of downtown Boston, easy access to Orange Line (Roxbury Crossing) & Green (E) Line (Brigham Circle), 66 Bus, restaurants, cafes, parks, grocery stores, and Southwest Corridor Park. Nearby to several area universities, Northeastern, Wentworth, MCPHS and Harvard Medical. Very stable asset with zero vacancies over 9 years, being offered at a 5 cap rate.

Last Agent to Sell the Property

Eric Johnson

Compass Listed on: 04/07/2022

Compass

Last Buyer's Agent

Mission Realty Advisors

Compass

Compass

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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,962

Year Built

  • Built in 1890

Lot Details

  • 2,178 Sq Ft Lot
  • Level Lot

Home Design

  • 3,696 Sq Ft Home
  • Triplex
  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Location

  • Property is near golf course, public transit, and schools

Utilities

  • Cooling Available
  • Heating Available
  • Natural Gas Connected

Additional Features

  • Partially Finished Basement

Listing and Financial Details

  • Total Actual Rent $13,050
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 3397152

Community Details

Overview

  • 3 Units
  • Near Conservation Area
  • Property has 2 Levels

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $156,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,962

Year Built

Built in 1890

Lot Details

2,178 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1890
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Flooring: Wood,Tile
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Microwave,Refrigerator), Unit 2(Range,Dishwasher,Disposal,Microwave,Refrigerator), Unit 3(Range,Dishwasher,Disposal,Microwave,Refrigerator), Utility Connections for Gas Range
  • Total Bedrooms: 12
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Partially Finished
  • Living Area: 3696
  • Stories Total: 6
  • MAIN LO: AN2383
  • MAIN SO: AN2383

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Brick/Mortar
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Unit 1(Central Air), Unit 2(Central Air), Unit 3(Window AC)
  • Heating: Unit 1(Central Heat,Forced Air), Unit 2(Central Heat,Forced Air), Unit 3(Central Heat,Forced Air)
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Lot Info

  • Parcel Number: 3397152
  • Zoning: RH
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.05
  • Lot Size Sq Ft: 2178
  • Lot Size Units: Acres
  • LOT SIZE: 2096

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 19962

Multi Family

  • Net Operating Income: 156600
  • Number Of Units Total: 3
  • Total Actual Rent: 13050
  • LEVELS 1: 2
  • Basement Included Sq Ft: Yes
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
Jun 7, 2022
Sold by
Bought by
Seller's Agent
Eric Johnson
Compass
Buyer's Agent
Mission Realty Advisors
Compass
List Price
$2,500,000
Sold Price
$2,446,000
Premium/Discount to List
-$54,000
-2.16%
Current Estimated Value
$2,674,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,159
Avg. Annual Appreciation
2.18%
Original Mortgage
$1,834,500
Outstanding Balance
$1,717,097
Interest Rate
5.11%
Mortgage Type
Commercial
Estimated Equity
$957,062

Purchase Details

Closed on
May 1, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$928,180
Interest Rate
3.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 9, 2002
Sold by
Bought by

Purchase Details

Closed on
Jun 19, 2000
Sold by
Bought by

Purchase Details

Closed on
Jul 16, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Mission Hill, MA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,446,000 None Available
$905,000 --
$393,750 --
$350,000 --
$220,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,834,500
Previous Owner $1,170,000
Previous Owner $1,150,000
Previous Owner $928,180
Previous Owner $315,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/16/2022 06/16/22 Sold $2,446,000 -2.2% $662 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
04/07/2022 04/07/22 For Sale $2,500,000 -- $676 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $22,895 $1,977,100 $605,000 $1,372,100
2024 $20,971 $1,923,900 $489,800 $1,434,100
2023 $20,111 $1,872,500 $489,800 $1,382,700
2022 $19,775 $1,817,600 $475,400 $1,342,200
2021 $18,296 $1,714,700 $448,500 $1,266,200
2020 $17,257 $1,634,200 $361,700 $1,272,500
2019 $15,655 $1,485,300 $249,600 $1,235,700
2018 $14,407 $1,374,700 $249,600 $1,125,100
2017 $13,414 $1,266,700 $249,600 $1,017,100
2016 $12,120 $1,101,800 $249,600 $852,200
2015 $9,698 $800,812 $189,912 $610,900
2014 $9,055 $719,800 $231,600 $488,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72963711

MLS Property Information Network (MLS PIN)

APN: ROXB-000000-000010-000514-000001

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