$1,500,000
SOLD MAR 31, 2023
3 Beds
3 Baths
1,850 Sq Ft
3,081 Sq Ft Lot

Recently Sold

$811 Per Sq Ft

6% Below List Price

16 Days on Market

Highlights

  • Marina
  • City View
  • Property is near public transit
  • Medical Services
  • 0.07 Acre Lot
  • 2-minute walk to Sweeney Playground

About This Home

As of March 2023

Rare Opportunity to renovate/develop a three-unit building plus a separately assessed, 1,475 square foot adjacent lot in South Boston's booming West Side. Ideally located between West Broadway and Old Colony Avenue, 187-189 West 5th offers easy access to downtown, the Seaport, local highways and two MBTA transit stops. It's close to South Boston's many restaurants and shops. The property includes two 2-bedroom apartments and one 1-bedroom home and a walk-out basement with a shared laundry and expansive storage. Property needs significant updating. 189 West 5th parcel has restricted uses. Sold as-is, with no warranties, representations or contingencies.

Last Agent to Sell the Property

Christine Mcconville

Coldwell Banker Realty - Boston Listed on: 01/19/2023

Coldwell Banker Realty - Boston

Last Buyer's Agent

Ina Shollo

Cameron Real Estate Group - Framingham

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,926

Year Built

  • Built in 1900

Lot Details

  • 3,081 Sq Ft Lot
  • Fenced
  • Level Lot
  • Cleared Lot
  • Garden

Parking

  • Off-Street Parking

Home Design

  • Triplex
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 1,850 Sq Ft Home
  • Storage
  • Laundry Room
  • Wood Flooring
  • City Views

Kitchen

  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Bps Elementary School

Utilities

  • Cooling Available
  • 3 Heating Zones
  • No Heating
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,850
  • Rent includes unit 2(none), unit 3(none)
  • Assessor Parcel Number 1415302

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park

Building Details

  • Net Operating Income $22,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,926

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 2.5
  • Sub Agent Compensation: 1
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Amenities: Storage, Unit 1(Storage,Open Floor Plan), Unit 3(Bathroom with Shower Stall), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Wall Oven,Refrigerator,Freezer), Unit 2(Wall Oven,Dishwasher,Refrigerator,Freezer), Unit 3(Wall Oven,Dishwasher,Freezer,Washer), Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Laundry Room
  • Basement: Full, Partially Finished, Walk-Out Access
  • Living Area: 1850
  • Stories Total: 6
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 864.86
  • PRICE PER Sq Ft: 810.81
  • MAIN SO: AC0756

Exterior Features

  • Exterior Features: Rain Gutters, Garden
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Other
  • Road Frontage Type: Public
  • Roof: Rubber
  • View: City View(s)
  • View YN: Yes
  • Waterfront Features: Beach Front, Stream, Harbor, 3/10 to 1/2 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Unit 1(Window AC), Unit 3(Window AC)
  • Heating: Unit 1(Hot Water Baseboard,None), Unit 3(Hot Water Radiators)
  • Cooling Y N: Yes
  • Heating YN: No
  • Water Source: Public
  • SEWAGE DISTRICT: Bos
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Public School, T-Station
  • Rent Includes: Unit 2(None), Unit 3(None)

Lot Info

  • Parcel Number: 1415302
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3081
  • Lot Size Units: Acres
  • PAGE: 19770
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10925.7
  • Tax Book Number: 320

Multi Family

  • Gross Income: 22200
  • Net Operating Income: 22200
  • Number Of Units Total: 3
  • Total Actual Rent: 1850
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 3
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • Elementary School: Bps

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2022
Sold by
Fox Jeralee A
Bought by
Jeralee Ann Fox T
Current Estimated Value
$1,550,867

Purchase Details

Closed on
Jan 27, 2017
Sold by
Fox Jeralee A
Bought by
Jeralee Ann Fox Irt

Purchase Details

Closed on
May 23, 1995
Sold by
West Fifth St T 187
Bought by
Stellamaris Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
8.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 1993
Sold by
Macneil John R
Bought by
West Fifth St T 187
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed -- --
Deed -- --
Deed -- --
Warranty Deed $105,000 --
Warranty Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,200,000 Purchase Money Mortgage
Previous Owner $300,000 No Value Available
Previous Owner $75,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2023 03/31/23 Sold $1,500,000 -6.3% $811 / Sq Ft
02/05/2023 02/05/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $1,600,000 -- $865 / 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 $13,376 $1,155,100 $334,000 $821,100
2024 $12,079 $1,108,200 $224,900 $883,300
2023 $11,446 $1,065,700 $216,300 $849,400
2022 $10,352 $951,500 $193,100 $758,400
2021 $9,669 $906,200 $183,900 $722,300
2020 $8,722 $825,900 $198,700 $627,200
2019 $7,914 $750,900 $139,700 $611,200
2018 $7,353 $701,600 $139,700 $561,900
2017 $7,073 $667,900 $139,700 $528,200
2016 $6,625 $602,300 $139,700 $462,600
2015 $5,826 $481,100 $141,900 $339,200
2014 $5,260 $418,100 $141,900 $276,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73071858

MLS Property Information Network (MLS PIN)

APN: SBOS-000000-000006-000595