191 Reservoir Ave Revere, MA 02151
West Revere Neighborhood
6
Beds
3
Baths
3,358
Sq Ft
10,454
Sq Ft Lot
Highlights
- Medical Services
- 0.24 Acre Lot
- Shops
- Waterfront
- Property is near public transit
- Tile Flooring
About This Home
As of January 2024Great Investment Opportunity - A Buildable Lot PLUS a Large 2 Family located in West Revere With Views of the Ocean. Both units have 2 floor of living space, separate utilities. 1st Unit main level features eat-in-kitchen with tile flooring, gas cooking, 2 Bedrooms and Living room and full bath. Lower level features a bedroom, den, full bath and wash dryer hookups. 2nd Unit main level features eat-in-kitchen with slider to a wrap around deck and washer/dryer hookup, dining room with wood flooring, 2 bedrooms and 1 full bath. The upper level features large living area with a build in bar, picture window to see the ocean and 1 bedroom. This home also has solar electric panel transferable to the new owner. Tenants are TAW.
Last Agent to Sell the Property
Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 04/19/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,263
Year Built
- Built in 1910
Lot Details
- 10,454 Sq Ft Lot
- Waterfront
Home Design
- Brick Exterior Construction
- Block Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
- Stone
Interior Spaces
- 3,358 Sq Ft Home
- Property has 2 Levels
- Insulated Windows
- Washer and Electric Dryer Hookup
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- 2 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Location
- Property is near public transit
- Property is near schools
Utilities
- 2 Heating Zones
- 110 Volts
- Natural Gas Connected
Listing and Financial Details
- Total Actual Rent $5,300
- Assessor Parcel Number M:22 B:355 L:5,1375219
Community Details
Amenities
- Medical Services
- Shops
- Coin Laundry
Additional Features
- 2 Units
- Net Operating Income $63,600
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
Current Estimated Value
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
-0.72%
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
Similar Homes in Revere, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Deed | $950,000 | None Available | |
| Deed | $950,000 | None Available | |
| Deed | $950,000 | None Available | |
| Deed | $160,000 | -- | |
| Deed | $160,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $873,879 | FHA | |
| Closed | $873,879 | FHA | |
| Previous Owner | $595,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $562,500 | Purchase Money Mortgage | |
| Previous Owner | $332,500 | No Value Available |
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
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
-
Seller's Agent in 2024
Juan Lopera-Martinez
eXp Realty
(781) 632-9761
11 in this area
93 Total Sales
-
Buyer's Agent in 2024
Pedro Calcano
William Raveis R.E. & Home Services
(781) 588-2169
2 in this area
89 Total Sales
-
Seller's Agent in 2021
Emma D'Angelo
Berkshire Hathaway HomeServices Commonwealth Real Estate
(617) 240-0273
7 in this area
24 Total Sales
-
Buyer's Agent in 2021
Jona Zepaj
Lyv Realty
(978) 210-0813
28 in this area
74 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72816821
APN: REVE-000022-000355-000005
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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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