NOT LISTED FOR SALE

Estimated Value: $754,460 - $1,028,000

6 Beds
3 Baths
3,358 Sq Ft
$275/Sq Ft Est. Value

Last Sold January 31, 2024

Last sale price $890,000 $265 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,759/month

3 Days on Market

Highlights

  • Medical Services
  • Jogging Path
  • Shops
  • Property is near public transit
  • Park
  • Coin Laundry

About This Home

As of January 2024

OPEN HOUSE CANCELED DUE TO WEATHER. This great investment 2 family home located just a short distance from Broadway and offers stunning scenic views of Revere. Unit 1 features a 3-bedroom 2 full bath, eat-in kitchen and living room. Unit 2 features 3 bedrooms and 1 full baths eat-in kitchen and 2 living rooms (1 of them is currently being used as a bedroom) and Laundry hook ups in units. With plentiful ceiling heights, abundant natural light, and close proximity to parks, restaurants, supermarkets, public transportation, and major highways. Property has 2 parking spaces and a big, welcoming yard space for family gatherings and get togethers that add to the property's appeal.Close to the bus stop and train stations, very close to Logan Airport, downtown Boston. With its proximity to highways, shops, restaurants, short distance to Market Basket, Parks, bike path, beach and many more amenities.. As Revere continues to see an increase in value, this property is a great investment.

Last Agent to Sell the Property

Juan Lopera-Martinez

eXp Realty Listed on: 01/03/2024

eXp Realty

Last Buyer's Agent

Pedro Calcano

William Raveis R.E. & Home Services

William Raveis R.E. & Home Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,506

Year Built

  • Built in 1910

Lot Details

  • 5,162 Sq Ft Lot
  • Near Conservation Area

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 3,358 Sq Ft Home
  • Property has 2 Levels

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 2 Car Parking Spaces
  • Driveway
  • On-Street Parking
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 110 Volts

Listing and Financial Details

  • Assessor Parcel Number M:22 B:355 L:5,1375219

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,506

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1910
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Partially Finished, Interior Entry
  • Living Area: 3358
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: AC0342
  • LIST PRICE PER Sq Ft: 253.13
  • PRICE PER Sq Ft: 265.04
  • MAIN SO: M59500

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, On Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Electric: 110 Volts
  • Water Source: Public
  • Hot Water: Propane Gas, Tankless

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:22 B:355 L:5,1375219
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5162
  • Lot Size Units: Acres
  • PAGE: 289
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6506
  • Tax Book Number: 66374

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2023
Sold by
Mero Olsi and Mero Eqerem
Bought by
Reservoir Ave 191 Llc
Total Days on Market
3
Current Estimated Value
$923,365

Purchase Details

Closed on
Feb 18, 2022
Sold by
Mero Olsi
Bought by
Mero Olsi and Mero Eqerem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
3.69%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Apr 19, 2021
Closed on
Aug 30, 2021
Sold by
Colecchia Michael and Colecchia Christine
Bought by
Zepaj Marenglen
Seller's Agent
Emma D'Angelo
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Jona Zepaj
Lyv Realty
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.76%
Original Mortgage
$562,500
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 1993
Sold by
Gordon Robert F and Gordon Elizabeth A
Bought by
Colecchia Michael and Colecchia Christine
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
Reservoir Ave 191 Llc -- None Available
Reservoir Ave 191 Llc -- None Available
Reservoir Ave 191 Llc -- None Available
Mero Olsi -- None Available
Mero Olsi -- None Available
Mero Olsi -- None Available
Zepaj Marenglen $950,000 None Available
Zepaj Marenglen $950,000 None Available
Zepaj Marenglen $950,000 None Available
Colecchia Michael $160,000 --
Colecchia Michael $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Christian C $873,879
Closed Ramos Christian C $873,879
Previous Owner Mero Olsi $595,000
Previous Owner Mero Olsi $562,500
Previous Owner Gordon Robert F $332,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2024 01/31/24 Sold $890,000 +4.7% $265 / Sq Ft
01/07/2024 01/07/24 Pending -- -- --
01/03/2024 01/03/24 For Sale $849,999 -10.5% $253 / Sq Ft
09/01/2021 09/01/21 Sold $950,000 -4.9% $283 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
05/11/2021 05/11/21 Price Changed $999,000 -9.2% $297 / Sq Ft
04/19/2021 04/19/21 For Sale $1,100,000 -- $328 / 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 $6,906 $761,400 $288,400 $473,000
2024 $6,822 $748,800 $272,300 $476,500
2023 $6,506 $684,100 $227,500 $456,600
2022 $6,397 $615,100 $216,300 $398,800
2021 $6,263 $566,300 $200,300 $366,000
2020 $6,202 $550,800 $200,300 $350,500
2019 $5,952 $491,500 $182,600 $308,900
2018 $5,967 $460,400 $165,000 $295,400
2017 $5,716 $408,600 $144,200 $264,400
2016 $4,659 $322,400 $131,400 $191,000
2015 $4,772 $322,400 $131,400 $191,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73190322

MLS Property Information Network (MLS PIN)

APN: REVE-000022-000355-000005