NOT LISTED FOR SALE
7 Beds
5 Baths
3,459 Sq Ft
8,975 Sq Ft Lot

Sale Details

Date Sold: May 10, 2024

Last sale price $1,300,000 $376 Per Sq Ft

169 Days on Market

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • City View
  • Property is near public transit and schools
  • Jogging Path

About This Home

As of May 2024

This 5 unit building features updated kitchens with stainless steel appliances and renovated baths. Original hardwood floors and molding have been refinished to maintain its natural charm. The exterior boasts a paved driveway that fits 4+ cars, a detached garage with additional storage, patio, a large yard and multiple decks with partial city views. The roof, electrical panels and sprinkler system were all installed in 2019. The exterior was painted in 2023. Coin laundry is conveniently located in the basement. A short distance from Revere Beach, shopping centers and the newly developing Suffolk Downs. Also, near the Beachmont & Wonderland T-Stations on the Blue Line and offers easy access to major highways. Make this Property part of your Portfolio!

Last Agent to Sell the Property

George Sarkis

Douglas Elliman Real Estate - The Sarkis Team Listed on: 10/17/2023

Douglas Elliman Real Estate - The Sarkis Team

Co-Listed By

Arielle Dawkins

Douglas Elliman Real Estate - The Sarkis Team

Last Buyer's Agent

Madison Team

RE/MAX Renaissance Inc.

RE/MAX Renaissance Inc.
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,756

Year Built

  • Built in 1920

Lot Details

  • 8,975

Parking

  • 1 Car Garage
  • Open Parking
  • Off-Street Parking

Home Design

  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,459 Sq Ft Home
  • Insulated Windows
  • Wood Flooring
  • City Views

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Partially Finished Basement

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

Outdoor Features

  • Deck
  • Patio

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Separate Meters

Additional Features

  • 8,975 Sq Ft Lot
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $9,400
  • Assessor Parcel Number 1372448

Community Details

Overview

  • 5 Units
  • Near Conservation Area
  • Property has 1 Level

Amenities

  • Medical Services

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Electric Expense $744
  • Insurance Expense $4,169
  • Water Sewer Expense $4,720
  • Operating Expense $22,639
  • Net Operating Income $90,161

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,756

Year Built

Built in 1920

Lot Details

8,975 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1920
  • Year Built Details: Approximate,Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Laundry Room
  • Fireplace YN: No
  • Appliances: Washer, Dryer
  • Total Bedrooms: 7
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full, Partially Finished, Walk-Out Access, Concrete
  • Living Area: 3459
  • Spa YN: No
  • Stories Total: 7
  • Window Features: Insulated Windows
  • MAIN LO: AN4282
  • MAIN SO: AN2612

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Deck, Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • View: City
  • View YN: Yes
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Heating: Baseboard, Hot Water
  • Electric: Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, Other
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 4720

Lot Info

  • Parcel Number: 1372448
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 8975
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11756

Multi Family

  • Electric Expense: 744
  • Insurance Expense: 4169
  • Net Operating Income: 90161
  • Number Of Units Total: 5
  • Operating Expense: 22639
  • Total Actual Rent: 9400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 3: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2023
Closed on
May 10, 2024
Sold by
Bought by
Seller's Agent
George Sarkis
Douglas Elliman Real Estate - The Sarkis Team
Buyer's Agent
Madison Team
RE/MAX Renaissance Inc.
List Price
$1,450,000
Sold Price
$1,300,000
Premium/Discount to List
-$150,000
-10.34%
Views
273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Outstanding Balance
$859,873
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 1, 2017
Closed on
Feb 12, 2018
Sold by
Bought by
Seller's Agent
Samantha Moynihan
Century 21 North East
Buyer's Agent
Arielle Dawkins
Douglas Elliman Real Estate - The Sarkis Team
List Price
$739,999
Sold Price
$700,000
Premium/Discount to List
-$39,999
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.43%
Original Mortgage
$560,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2017
Sold by
Bought by

Purchase Details

Closed on
Jun 30, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
May 2, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
4.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 23, 2015
Sold by
Bought by

Purchase Details

Closed on
Mar 17, 2015
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,300,000 None Available
$700,000 --
$300,000 --
$648,000 --
$600,000 --
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $880,000
Previous Owner $740,000
Closed $560,000
Previous Owner $740,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2024 05/10/24 Sold $1,300,000 -6.8% $376 / Sq Ft
04/04/2024 04/04/24 Pending -- -- --
03/18/2024 03/18/24 Price Changed $1,395,000 -3.8% $403 / Sq Ft
02/15/2024 02/15/24 For Sale $1,450,000 +11.5% $419 / Sq Ft
12/29/2023 12/29/23 Off Market $1,300,000 -- --
10/24/2023 10/24/23 Price Changed $1,450,000 -2.6% $419 / Sq Ft
10/17/2023 10/17/23 For Sale $1,489,000 +112.7% $430 / Sq Ft
02/12/2018 02/12/18 Sold $700,000 -3.4% $216 / Sq Ft View Prior Sale
01/16/2018 01/16/18 Pending -- -- --
12/29/2017 12/29/17 Price Changed $724,999 -2.0% $223 / Sq Ft
12/01/2017 12/01/17 For Sale $739,999 -- $228 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,272 $1,353,000 $298,700 $1,054,300
2024 $12,392 $1,360,300 $282,100 $1,078,200
2023 $11,139 $1,171,300 $235,600 $935,700
2022 $10,135 $974,500 $224,000 $750,500
2021 $9,964 $900,900 $207,400 $693,500
2020 $9,502 $843,900 $207,400 $636,500
2019 $7,991 $659,900 $189,200 $470,700
2018 $7,004 $540,400 $170,900 $369,500
2017 $6,719 $480,300 $149,300 $331,000
2016 $6,029 $417,200 $136,100 $281,100
2015 $6,175 $417,200 $136,100 $281,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73170999

MLS Property Information Network (MLS PIN)
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