NOT LISTED FOR SALE

Estimated Value: $717,000 - $779,000

9 Beds
3 Baths
2,952 Sq Ft
$249/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $600,000 $203 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $4,515/month

17 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Shops
  • Waterfront
  • Park
  • Fenced

About This Home

As of June 2022

Attention all investors! Well-maintained & fully-rented 3-family building with 3 BR & 1 BA on each fl. Great income at $4,500 per month and tenants pay their own utilities except for water. Lead paint certificate of compliance for all units. Separate gas and electricity. Vinyl windows. Unit 2 & 3 have energy efficient Rinnai gas heaters. Unit 1 has force hot air. Basement structural reinforcement done in 2022. Underground sewer pipe replaced in 2018. Blown-in insulation on the entire building in 2000, all furnaces and ranges were installed in recent years and inspected by the city inspector. Five-year Certification of Inspection on hand for the building. Unit 1 and Unit 2 have long-term tenants who are TAW and would love to stay, Unit 3 has a lease ending 9/30/2022. Conveniently located close to parks, restaurants, shops, hospitals, MBTA and easy access to HWYs. Please wear face masks. Don’t miss it!

Last Agent to Sell the Property

Lanting Huang-Truong

StartPoint Realty Listed on: 04/08/2022

StartPoint Realty

Co-Listed By

Hui Zou

StartPoint Realty

Last Buyer's Agent

Ramzy Haider

Agency X LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,949

Year Built

  • Built in 1890

Lot Details

  • 3,049 Sq Ft Lot
  • Waterfront
  • Fenced

Home Design

  • Triplex
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 2,952 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Washer

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Bulkhead

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,500
  • Rent includes unit 1(water other (see remarks)), unit 2(water other (see remarks)), unit 3(water other (see remarks))
  • Assessor Parcel Number 1777921

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park

Building Details

  • Insurance Expense $1,800
  • Water Sewer Expense $2,000
  • Operating Expense $6,800
  • Net Operating Income $54,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,949

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1890
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Interior Amenities: Unit 1(Storage), Unit 2(Storage), Unit 3(Storage), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator,Washer,Dryer), Unit 3(Range,Refrigerator,Washer,Dryer), Gas Water Heater
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Bulkhead, Unfinished
  • Living Area: 2952
  • Stories Total: 6
  • MAIN LO: H95120
  • LIST PRICE PER Sq Ft: 185.98
  • PRICE PER Sq Ft: 203.25
  • MAIN SO: AN4866

Exterior Features

  • Construction Materials: Stone
  • Fencing: Fenced/Enclosed
  • Foundation Details: Concrete Perimeter
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Waterfront Features: Beach Front, Lake/Pond, 1/10 to 3/10 To Beach
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
  • Electric: 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School
  • Rent Includes: Unit 1(Water,Other (See Remarks)), Unit 2(Water,Other (See Remarks)), Unit 3(Water,Other (See Remarks))

Fee Information

  • Water Sewer Expenses: 2000

Lot Info

  • Parcel Number: 1777921
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • LOT SIZE: 3200
  • PAGE: 376

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3948.52
  • Tax Book Number: 33456

Multi Family

  • Gross Income: 54000
  • Insurance Expense: 1800
  • Net Operating Income: 54000
  • Number Of Units Total: 3
  • Operating Expense: 6800
  • Total Actual Rent: 4500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2017
Closed on
Jan 19, 2018
Sold by
Blake David M
Bought by
Wu Yanxia
Seller's Agent
Lizandra Velez
Century 21 XSELL REALTY
Buyer's Agent
Lizandra Velez
Century 21 XSELL REALTY
List Price
$220,000
Sold Price
$207,000
Premium/Discount to List
-$13,000
-5.91%
Current Estimated Value
$736,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$529,103
Avg. Annual Appreciation
16.77%

Purchase Details

Closed on
Apr 29, 2004
Sold by
Blake David M Est
Bought by
David M Blake T

Purchase Details

Closed on
Oct 9, 1997
Sold by
Ariana Inc
Bought by
Black David M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,400
Interest Rate
7.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 1987
Sold by
Distefano S P
Bought by
Ariana Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,400
Interest Rate
9.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wu Yanxia $207,000 --
Blake David M -- --
David M Blake T -- --
Black David M $32,000 --
Ariana Inc $90,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhu Shaopeng $450,000
Previous Owner David M Blake T $138,750
Previous Owner Ariana Inc $30,400
Previous Owner Ariana Inc $72,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $600,000 +9.3% $203 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $549,000 +165.2% $186 / Sq Ft
01/19/2018 01/19/18 Sold $207,000 -5.9% $70 / Sq Ft
12/06/2017 12/06/17 Pending -- -- --
11/03/2017 11/03/17 For Sale $220,000 0.0% $75 / Sq Ft
10/21/2017 10/21/17 Pending -- -- --
09/25/2017 09/25/17 Price Changed $220,000 0.0% $75 / Sq Ft
09/25/2017 09/25/17 For Sale $220,000 -6.6% $75 / Sq Ft
09/14/2017 09/14/17 Pending -- -- --
07/07/2017 07/07/17 For Sale $235,500 -- $80 / 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 $7,520 $570,100 $60,100 $510,000
2024 $6,886 $500,800 $60,100 $440,700
2023 $4,543 $316,800 $52,300 $264,500
2022 $3,949 $259,600 $41,800 $217,800
2021 $3,634 $223,200 $33,500 $189,700
2020 $3,356 $197,400 $33,200 $164,200
2019 $3,346 $185,900 $29,000 $156,900
2018 $3,266 $172,700 $29,000 $143,700
2017 $3,058 $159,100 $29,000 $130,100
2016 $2,941 $142,700 $21,900 $120,800
2015 $2,864 $142,700 $21,900 $120,800
2014 $2,788 $142,700 $21,900 $120,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72964575

MLS Property Information Network (MLS PIN)

APN: WORC-000016-000007-000020