B
Seller's Agent in 2021
Buy Boston Team
eXp Realty
1 in this area
74 Total Sales
192 Magnolia St Dorchester, MA 02121
Dudley-Brunswick King NeighborhoodEstimated Value: $674,000 - $933,000
8
Beds
3
Baths
3,074
Sq Ft
$262/Sq Ft
Est. Value
About This Home
As of July 2021Fantastic opportunity to own a large two family in Dorchester! This property has been thoughtfully maintained by the owner with beautiful wood flooring, natural sunlight and spacious living space to enjoy. As you enter unit one on the first level, there is 2 bedrooms and one bathroom with large living room/dining area and kitchen. This is currently being rented for $1800 with lease until June 30th with ability to rent for much more. The large unit two upper level consists of 6 bedrooms and one full, one half baths. One room is available for immediate owner occupancy. Rent is $750 currently per room. This unit totals $4500 renting. Concluding in a total $5500 renting with potential $6700 future renting for the property. Minutes from The Banshee, Dorchester Brewing Company and Bully Boy Distillers. Also a few more minutes to South Boston and South Bay Plaza with new shops and dining. Don't miss out on this investment opportunity!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,554
Year Built
- Built in 1900
Lot Details
- 3,049
Flooring
- Wood
- Tile
Utilities
- Natural Gas Water Heater
Additional Features
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 8, 2021
Closed on
Jul 16, 2021
Sold by
Velez Felix G and Torres-Velez Carmen L
Bought by
Ortiz Margarita and Pena Isaac M
Seller's Agent
Buy Boston Team
eXp Realty
Buyer's Agent
Radhy Pena
Pondside Realty
List Price
$824,900
Sold Price
$797,500
Premium/Discount to List
-$27,400
-3.32%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,121
Avg. Annual Appreciation
0.20%
Original Mortgage
$783,054
Outstanding Balance
$710,500
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$94,121
Purchase Details
Closed on
Jun 9, 2017
Sold by
Paraliticci Jesus and Garcia Jose
Bought by
Velez Felix G and Torres-Velez Carmen L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,038
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Jan 11, 2008
Sold by
Paraliticci Jesus
Bought by
Paraliticci Jesus and Garcia Jose
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 28, 2007
Sold by
Ohu Uche K
Bought by
Paraliticci Jesus
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 3, 2005
Sold by
Woodbury Carol
Bought by
Obu Uche
Purchase Details
Closed on
Sep 15, 2000
Sold by
Willis Janice F and Willis Jerry
Bought by
Woodbury Carol
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
8.07%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 25, 1996
Sold by
Maywood Rt
Bought by
Willis Jerry and Willis Janice F
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ortiz Margarita | $797,500 | None Available | |
| Velez Felix G | $550,000 | -- | |
| Paraliticci Jesus | -- | -- | |
| Paraliticci Jesus | $295,000 | -- | |
| Obu Uche | $450,000 | -- | |
| Woodbury Carol | $150,000 | -- | |
| Willis Jerry | $89,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ortiz Margarita | $783,054 | |
| Previous Owner | Velez Felix G | $540,038 | |
| Previous Owner | Paraliticci Jesus | $265,500 | |
| Previous Owner | Willis Jerry | $235,000 | |
| Previous Owner | Willis Jerry | $112,500 | |
| Previous Owner | Willis Jerry | $127,161 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/19/2021 07/19/21 | Sold | $797,500 | -3.3% | $259 / Sq Ft |
| 05/25/2021 05/25/21 | Pending | -- | -- | -- |
| 04/08/2021 04/08/21 | For Sale | $824,900 | -- | $268 / 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 | $7,554 | $652,300 | $204,500 | $447,800 |
| 2024 | $7,143 | $655,300 | $242,400 | $412,900 |
| 2023 | $6,958 | $647,900 | $239,600 | $408,300 |
| 2022 | $6,127 | $563,100 | $221,800 | $341,300 |
| 2021 | $5,615 | $526,200 | $207,300 | $318,900 |
| 2020 | $4,944 | $468,200 | $181,000 | $287,200 |
| 2019 | $4,288 | $406,800 | $129,900 | $276,900 |
| 2018 | $3,877 | $369,900 | $129,900 | $240,000 |
| 2017 | $3,917 | $369,900 | $129,900 | $240,000 |
| 2016 | $3,698 | $336,200 | $129,900 | $206,300 |
| 2015 | $3,466 | $286,200 | $98,300 | $187,900 |
| 2014 | $3,081 | $244,900 | $98,300 | $146,600 |
Source: Public Records
Agents Affiliated with this Home
-
Buy Boston Team
-
Drew Boujoulian
Seller Co-Listing Agent in 2021
Drew Boujoulian
Coldwell Banker Realty - Boston
(339) 234-0747
1 in this area
19 Total Sales
-
Radhy Pena
Buyer's Agent in 2021
Radhy Pena
Pondside Realty
(617) 888-1133
5 in this area
44 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72811787
APN: DORC-000000-000014-000133
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.
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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