Seller's Agent in 2022
Tom McFarland
RE/MAX
(617) 851-0900
12 in this area
87 Total Sales
194 School St Quincy, MA 02169
South Quincy NeighborhoodEstimated Value: $1,203,978
12
Beds
6
Baths
3,611
Sq Ft
$333/Sq Ft
Est. Value
Highlights
- Granite Flooring
- Laundry Room
- Level Lot
- Mud Room
- Dining Room
About This Home
As of April 2022Rarely available immaculate licensed 11 room lodging house on the edge of vibrant downtown Quincy Center. This long-term owner has operated this property exceptionally and it shows! Features include 4 rooms with private baths, 7 baths in total, two kitchens and on site laundry. The property is ideally located within walking distance to downtown Quincy and the Quincy Center Red Line and Commuter Rail. This is a turnkey investment opportunity.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,604
Year Built
- Built in 1890
Lot Details
- 10,454 Sq Ft Lot
- Level Lot
Parking
- 8 Car Parking Spaces
Interior Spaces
- 3,611 Sq Ft Home
- Property has 1 Level
- Mud Room
- Dining Room
- Granite Flooring
- Unfinished Basement
- Basement Fills Entire Space Under The House
- Laundry Room
Bedrooms and Bathrooms
- 12 Bedrooms
- 6 Full Bathrooms
Utilities
- 2 Heating Zones
- 150 Amp Service
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $10,200
- Assessor Parcel Number M:3056 B:12,181427
Community Details
Overview
- 11 Units
Building Details
- Electric Expense $2,800
- Insurance Expense $5,700
- Water Sewer Expense $2,557
- Operating Expense $34,355
- Net Operating Income $89,405
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 14, 1998
Sold by
Muir Rt
Bought by
Killion Ii Joseph F
Current Estimated Value
Purchase Details
Closed on
Sep 29, 1989
Sold by
Fletcher Est Cathy
Bought by
Muir Rt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
9.92%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Killion Ii Joseph F | $50,000 | -- | |
| Muir Rt | $150,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Muir Rt | $50,000 | |
| Previous Owner | Muir Rt | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/29/2022 04/29/22 | Sold | $1,070,000 | +7.5% | $296 / Sq Ft |
| 02/11/2022 02/11/22 | Pending | -- | -- | -- |
| 02/05/2022 02/05/22 | For Sale | $995,000 | -- | $276 / 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 | $12,568 | $1,090,000 | $312,900 | $777,100 |
| 2024 | $11,670 | $1,035,500 | $298,300 | $737,200 |
| 2023 | $10,797 | $970,100 | $271,700 | $698,400 |
| 2022 | $9,693 | $809,100 | $247,500 | $561,600 |
| 2021 | $9,604 | $791,100 | $247,500 | $543,600 |
| 2020 | $9,387 | $755,200 | $235,900 | $519,300 |
| 2019 | $9,351 | $745,100 | $222,900 | $522,200 |
| 2018 | $10,649 | $798,300 | $222,900 | $575,400 |
| 2017 | $8,621 | $608,400 | $212,600 | $395,800 |
| 2016 | $8,665 | $603,400 | $202,700 | $400,700 |
| 2015 | $8,350 | $571,900 | $202,700 | $369,200 |
| 2014 | $8,331 | $560,600 | $193,300 | $367,300 |
Source: Public Records
Agents Affiliated with this Home
-
Tom McFarland
-
Justin Repp
Buyer's Agent in 2022
Justin Repp
Keller Williams Realty Evolution
(978) 273-6680
1 in this area
100 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72940030
APN: QUIN-003056-000000-000012
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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