NOT LISTED FOR SALE

17 Michigan Ave Dorchester, MA 02121

Franklin Field North Neighborhood

Estimated Value: $1,408,000 - $1,933,000

15 Beds
7 Baths
5,316 Sq Ft
$319/Sq Ft Est. Value

Last Sold November 01, 2021

Last sale price $1,600,000 $301 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $10,233/month

31 Days on Market

About This Home

As of November 2021

Massive, Cash Cow, Investment Opportunity. Fully Gut Renovated 3 Family generating $10,000/Month. Each unit showcases 5 bedrooms and 2 full baths spread out over 1750Sqft. All coming with, brand new stainless steel appliances, all new kitchen cabinets ,gleaming hardwood floors, tastefully tiled bathrooms and fresh paint job throughout. 3 All New Heating systems with on demand tankless hot water. 2+ car off-street parking. Basement/ lower level potential for 4th unit (prior drawings in hand). Basement currently has coin op laundry, 3 egresses, updated plumbing and full bathroom. Roof from (2011)

Last Agent to Sell the Property

Closing Table Group

Coldwell Banker Realty - Boston Listed on: 07/28/2021

Coldwell Banker Realty - Boston

Last Buyer's Agent

Closing Table Group

Coldwell Banker Realty - Boston Listed on: 07/28/2021

Coldwell Banker Realty - Boston

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,174

Year Built

  • 1905

Lot Details

  • 4,356

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,174

Year Built

1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: please refer to GPS
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1905

Interior Features

  • Appliances: Unit 1(Disposal,Microwave,Freezer,Refrigerator - ENERGY STAR,Dishwasher - ENERGY STAR,Range - ENERGY STAR), Unit 2(Disposal,Microwave,Freezer,Refrigerator - ENERGY STAR,Dishwasher - ENERGY STAR,Range - ENERGY STAR), Unit 3(Disposal,Microwave,Freezer,Refrigerator - ENERGY STAR,Dishwasher - ENERGY STAR,Range - ENERGY STAR), Gas Water Heater, Utility Connections for Gas Range
  • Has Basement: Full, Partially Finished, Walk-Out Access, Interior Entry
  • Total Bathrooms: 7
  • MAIN LO: BB5522
  • LIST PRICE PER Sq Ft: 319.6
  • PRICE PER Sq Ft: 300.98
  • MAIN SO: BB5522
  • Full Bathrooms: 7
  • Total Bedrooms: 15
  • Fireplace: No
  • Flooring: Tile,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors,Stone/Ceramic Tile Floor), Unit 3(Tile Floor,Hardwood Floors,Stone/Ceramic Tile Floor)
  • Interior Amenities: Unit 1(Stone/Granite/Solid Counters,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub), Unit 2(Stone/Granite/Solid Counters,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub), Unit 3(Stone/Granite/Solid Counters,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub)
  • Stories: 6

Exterior Features

  • Roof: Shingle
  • Exterior Features: Unit 1 Balcony/Deck
  • Foundation Details: Concrete Perimeter
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled, Unit 3 Remodeled
  • Construction Type: Frame, Stone
  • Disclosures: Unit 3 To Be Shown With Offer (Identical To Unit 2 And Pictures Of The Unit Are Included In Listing), Contingent Upon Owner Completing A 1031 Exchange Involving Sale Of This Property
  • Lot Features: Corner Lot
  • Patio And Porch Features: Porch
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Electric: Circuit Breakers, 100 Amp Service
  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Bike Path, Highway Access, House of Worship, Public School, T-Station, University, Other

Lot Info

  • LOT SIZE: 4522
  • PAGE: 0
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 4356
  • Zoning: R3

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2
  • Annual Gross Income: 114300
  • Property Net Operating Income: 114300
  • Number Of Units Total: 3
  • Total Actual Rent: 10000

Tax Info

  • Tax Annual Amount: 9631
  • Tax Book Number: 0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Nov 1, 2021
Sold by
Brutus Executive Grp Llc
Bought by
Forest Group Llc
Seller's Agent
Closing Table Group
Coldwell Banker Realty - Boston
Buyer's Agent
Closing Table Group
Coldwell Banker Realty - Boston
List Price
$1,699,000
Sold Price
$1,600,000
Premium/Discount to List
-$99,000
-5.83%
Current Estimated Value
$1,698,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,176
Avg. Annual Appreciation
-0.90%
Original Mortgage
$1,280,000
Outstanding Balance
$1,182,332
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$362,553

Purchase Details

Listed on
Jun 14, 2018
Closed on
Dec 9, 2019
Sold by
Warren K Howards Ret
Bought by
Brutus Executive Group
Seller's Agent
Robert Nichols
MIG
Buyer's Agent
Benjamin Bern
Centre Realty Group
List Price
$899,000
Sold Price
$943,058
Premium/Discount to List
$44,058
4.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.27%
Original Mortgage
$906,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2012
Sold by
Howard Warren K
Bought by
Warren K Howard Ret
Source: Public Records

Range of Values:

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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
Forest Group Llc $1,600,000 None Available
Brutus Executive Group $943,058 None Available
Warren K Howard Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forest Group Llc $1,280,000
Closed Forest Street Group Llc $1,280,000
Previous Owner Brutus Executive Grp Llc $937,500
Previous Owner Brutus Executive Group $906,000
Previous Owner Howard Warren K $100,000
Previous Owner Howard Warren K $210,000
Previous Owner Howard Warren K $55,000
Previous Owner Howard Warren K $150,000
Previous Owner Howard Warren K $111,650
Previous Owner Howard Warren K $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2021 11/01/21 Sold $1,600,000 -5.8% $301 / Sq Ft
08/28/2021 08/28/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $1,699,000 +80.2% $320 / Sq Ft
12/12/2019 12/12/19 Sold $943,058 +4.9% $177 / Sq Ft
09/21/2019 09/21/19 Pending -- -- --
09/07/2019 09/07/19 Price Changed $899,000 0.0% $169 / Sq Ft
09/07/2019 09/07/19 For Sale $899,000 +1.1% $169 / Sq Ft
12/10/2018 12/10/18 Pending -- -- --
12/06/2018 12/06/18 For Sale $889,000 0.0% $167 / Sq Ft
11/30/2018 11/30/18 Pending -- -- --
11/08/2018 11/08/18 For Sale $889,000 0.0% $167 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
06/14/2018 06/14/18 For Sale $889,000 -- $167 / 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 $15,174 $1,310,400 $295,400 $1,015,000
2024 $15,416 $1,414,300 $242,200 $1,172,100
2023 $13,936 $1,297,600 $220,100 $1,077,500
2022 $10,190 $936,600 $205,600 $731,000
2021 $9,631 $902,600 $190,400 $712,200
2020 $6,708 $635,200 $213,700 $421,500
2019 $6,085 $577,300 $145,400 $431,900
2018 $5,262 $502,100 $145,400 $356,700
2017 $5,263 $497,000 $145,400 $351,600
2016 $4,753 $432,100 $145,400 $286,700
2015 $4,415 $364,600 $108,600 $256,000
2014 $4,208 $334,500 $108,600 $225,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Closing Table Group

    Coldwell Banker Realty - Boston

    1 in this area

    58 Total Sales

    Closing Table Group
    Section Image
  • Robert Nichols

    Seller's Agent in 2019

    Robert Nichols

    MIG

    (617) 997-4963

    6 in this area

    130 Total Sales

    Robert Nichols
    Section Image

  • B

    Buyer's Agent in 2019

    Benjamin Bern

    Centre Realty Group

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72872751

MLS Property Information Network (MLS PIN)

APN: DORC-000000-000014-002469

Massachusetts Suffolk County Dorchester 02121 Franklin Field North

17 Michigan Ave, Dorchester, MA

This home is located at 17 Michigan Ave, Dorchester, MA 02121 since 28 July 2021 and is currently estimated at $1,698,176, approximately $319 per square foot. This property was built in 1905. 17 Michigan Ave is a home located in Suffolk County with nearby schools including Mother Caroline Academy & Education Center and Uncommon Schools Roxbury Prep Dorchester Campus.

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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