Seller's Agent in 2022
Lou Markakis
Lynnway Associates
(781) 558-8518
21 in this area
40 Total Sales
20 Sherman St Revere, MA 02151
West Revere NeighborhoodEstimated Value: $965,000 - $1,106,000
5
Beds
3
Baths
4,342
Sq Ft
$237/Sq Ft
Est. Value
Highlights
- Medical Services
- Wood Flooring
- Jogging Path
- Property is near public transit
- 2 Fireplaces
- Walking Distance to Water
About This Home
As of July 2022This parcel contains 8300 sq ft of land with legal 2-Family consisting of 2 units, 4 off-street parking spaces, with a fenced back yard. This investment consists of a large Unit#1 with 3BR, 2 full bath, fireplace, open layout. marble, modern kitchen, master bedroom with a spacious walk-in closet, and laundry room. Unit#2 brings steady income as a modern apartment with kitchen, 1-2BR., 1 full and updated bath, laundry, full access to a yard, and parking. This spacious property is located in one of the most desirable neighborhoods in Revere and counts with direct access to public transportation, major highways; it is also close to malls, pharmacies, supermarkets, banks, restaurants, stores, and all other amenities that this lively city offers. Being sold "As-Is."
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,075
Year Built
- Built in 1945 | Remodeled
Lot Details
- 8,298 Sq Ft Lot
- Fenced
- Level Lot
Home Design
- Block Foundation
- Frame Construction
- Shingle Roof
- Rubber Roof
- Block Exterior
Interior Spaces
- 4,342 Sq Ft Home
- Property has 1 Level
- 2 Fireplaces
- Wood Burning Fireplace
- Insulated Windows
- Finished Basement
- Interior Basement Entry
Kitchen
- Built-In Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Washer
Home Security
- Storm Windows
- Storm Doors
Parking
- 4 Car Parking Spaces
- Stone Driveway
- Shared Driveway
- Unpaved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Walking Distance to Water
- Enclosed Patio or Porch
Location
- Property is near public transit
- Property is near schools
Schools
- A. C. Whelan Elementary School
- Garfield Middle School
- Revere High School
Utilities
- Cooling Available
- 2 Cooling Zones
- 2 Heating Zones
- Heating Available
- 220 Volts
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $1,800
- Rent includes unit 1(water)
- Legal Lot and Block 3 / 433B
- Assessor Parcel Number M:29 B:433B L:3,1379880
Community Details
Overview
- 2 Units
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $1,900
- Insurance Expense $3,600
- Water Sewer Expense $1,160
- Operating Expense $9,760
- Net Operating Income $11,840
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 11, 2021
Closed on
Jul 29, 2022
Sold by
Ramos Joas D and Demorais Elisabeth L
Bought by
Puerta Diana S
Seller's Agent
Lou Markakis
Lynnway Associates
Buyer's Agent
Dennis Patch
Parkway Real Estate, LLC
List Price
$849,900
Sold Price
$860,000
Premium/Discount to List
$10,100
1.19%
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
$164,218
Avg. Annual Appreciation
5.41%
Original Mortgage
$844,423
Outstanding Balance
$806,912
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$220,236
Purchase Details
Listed on
Aug 7, 2017
Closed on
Dec 14, 2017
Sold by
Perez Daniel
Bought by
Demorias Elisabeth L and Ramos Joas D
Seller's Agent
Andrea Perez
Century 21 North East Homes
Buyer's Agent
Alexandre Pereira
A & L Realty
List Price
$649,900
Sold Price
$580,000
Premium/Discount to List
-$69,900
-10.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.90%
Original Mortgage
$569,494
Interest Rate
3.94%
Mortgage Type
FHA
Purchase Details
Listed on
Dec 6, 2011
Closed on
Apr 25, 2012
Sold by
Perez Daniel and Perez Maria E
Bought by
Perez Daniel
Seller's Agent
Paul Neves
RE/MAX Andrew Realty Services
Buyer's Agent
Andrea Perez
Century 21 North East Homes
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.96%
Purchase Details
Listed on
Dec 6, 2011
Closed on
Mar 30, 2012
Sold by
Tuan & Thanh Invest Ll
Bought by
Perez Daniel and Perez Maria E
Seller's Agent
Paul Neves
RE/MAX Andrew Realty Services
Buyer's Agent
Andrea Perez
Century 21 North East Homes
List Price
$325,000
Sold Price
$320,000
Premium/Discount to List
-$5,000
-1.54%
Purchase Details
Closed on
May 15, 2008
Sold by
Teneriello Home Rt and Teneriello
Bought by
Tuan & Thanh Invest Ll
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Puerta Diana S | $860,000 | None Available | |
| Puerta Diana S | $860,000 | None Available | |
| Demorias Elisabeth L | $580,000 | -- | |
| Demorias Elisabeth L | $580,000 | -- | |
| Perez Daniel | -- | -- | |
| Perez Daniel | -- | -- | |
| Perez Daniel | -- | -- | |
| Perez Daniel | $320,000 | -- | |
| Perez Daniel | $320,000 | -- | |
| Perez Daniel | $320,000 | -- | |
| Tuan & Thanh Invest Ll | $275,000 | -- | |
| Tuan & Thanh Invest Ll | $275,000 | -- | |
| Tuan & Thanh Invest Ll | $275,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Puerta Diana S | $844,423 | |
| Closed | Puerta Diana S | $844,423 | |
| Previous Owner | Demorias Elisabeth L | $569,494 | |
| Previous Owner | Tuan & Thanh Invest Ll | $765,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/29/2022 07/29/22 | Sold | $860,000 | +1.2% | $198 / Sq Ft | |
| 04/12/2022 04/12/22 | Pending | -- | -- | -- | |
| 03/15/2022 03/15/22 | For Sale | $849,900 | -5.5% | $196 / Sq Ft | |
| 01/28/2022 01/28/22 | Pending | -- | -- | -- | |
| 11/11/2021 11/11/21 | For Sale | $899,000 | +55.0% | $207 / Sq Ft | |
| 12/15/2017 12/15/17 | Sold | $580,000 | -3.3% | $129 / Sq Ft | View Prior Sale |
| 11/03/2017 11/03/17 | Pending | -- | -- | -- | |
| 10/16/2017 10/16/17 | Price Changed | $599,900 | -3.2% | $133 / Sq Ft | |
| 10/04/2017 10/04/17 | Price Changed | $619,900 | -1.6% | $138 / Sq Ft | |
| 09/18/2017 09/18/17 | Price Changed | $629,900 | -3.1% | $140 / Sq Ft | |
| 08/23/2017 08/23/17 | For Sale | $649,900 | +103.1% | $144 / Sq Ft | |
| 08/15/2017 08/15/17 | Pending | -- | -- | -- | |
| 03/30/2012 03/30/12 | Sold | $320,000 | -1.5% | $71 / Sq Ft | View Prior Sale |
| 02/29/2012 02/29/12 | Pending | -- | -- | -- | |
| 12/06/2011 12/06/11 | For Sale | $325,000 | -- | $72 / 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 | $8,384 | $924,400 | $272,100 | $652,300 |
| 2024 | $8,249 | $905,500 | $247,400 | $658,100 |
| 2023 | $8,049 | $846,400 | $216,000 | $630,400 |
| 2022 | $7,255 | $697,600 | $206,100 | $491,500 |
| 2021 | $7,075 | $639,700 | $189,600 | $450,100 |
| 2020 | $6,871 | $610,200 | $181,400 | $428,800 |
| 2019 | $6,568 | $542,400 | $164,900 | $377,500 |
| 2018 | $5,994 | $462,500 | $163,300 | $299,200 |
| 2017 | $5,511 | $393,900 | $125,300 | $268,600 |
| 2016 | $4,901 | $339,200 | $108,800 | $230,400 |
| 2015 | $5,020 | $339,200 | $108,800 | $230,400 |
Source: Public Records
Agents Affiliated with this Home
-
Lou Markakis
-
Bernardo Sepulveda
Seller Co-Listing Agent in 2022
Bernardo Sepulveda
United Brokers
(857) 523-9785
8 in this area
16 Total Sales
-
Dennis Patch
Buyer's Agent in 2022
Dennis Patch
Parkway Real Estate, LLC
(617) 784-2907
1 in this area
53 Total Sales
-
A
Seller's Agent in 2017
Andrea Perez
Century 21 North East Homes
-
A
Buyer's Agent in 2017
Alexandre Pereira
A & L Realty
-
Paul Neves
Seller's Agent in 2012
Paul Neves
RE/MAX
(781) 248-2847
18 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72918815
APN: REVE-000029-000433B-000003
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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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