NOT LISTED FOR SALE

Estimated Value: $884,000 - $1,170,000

11 Beds
3 Baths
3,360 Sq Ft
$322/Sq Ft Est. Value

Last Sold August 15, 2021

Last sale price $975,000 $290 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,543/month

23 Days on Market

Highlights

  • Property is near public transit
  • 4-minute walk to Airport
  • Park
  • Balcony
  • Living Room
  • 3-minute walk to East Boston Memorial Park

About This Home

As of August 2021

Open house Saturday May 29th from 1pm-3pm. All units have a private balcony. Backyard is shared. Storage space in large basement. Hard-to-find 3,400 SF total footprint of living space in a brick 3-family building, spanning across one 3-bedroom and two 4-bedroom units, with a shared backyard, in a very desirable location. 4 min walk to Airport station. Less than a block away from Bremen St Community Park. Excellent investment opportunity both as condo conversion, light reno with long-term holding value, as well as owner-occupied property.

Last Agent to Sell the Property

Caio Simao

Prestige Property Solutions, Inc. Listed on: 05/24/2021

Last Buyer's Agent

Caio Simao

Prestige Property Solutions, Inc. Listed on: 05/24/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,532

Year Built

  • Built in 1910

Lot Details

  • 1,593 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Rubber Roof

Interior Spaces

  • 3,360 Sq Ft Home
  • Living Room
  • Oven
  • Unfinished Basement

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 3 Full Bathrooms

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • Separate Meters
  • 220 Volts

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $4,000
  • Assessor Parcel Number W:01 P:06327 S:000,1332542

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Coin Laundry

Recreation

  • Park

Building Details

  • Insurance Expense $1,800
  • Water Sewer Expense $3,000
  • Operating Expense $12,800
  • Net Operating Income $48,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,532

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1910
  • Buyer Agency: 2%
  • Transaction Broker: 2%
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Interior Amenities: Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Oven, Refrigerator
  • Total Bedrooms: 11
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Unfinished
  • Living Area: 3360
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN8331
  • LIST PRICE PER Sq Ft: 312.5
  • PRICE PER Sq Ft: 290.18
  • MAIN SO: AN8331

Exterior Features

  • Exterior Features: Balcony
  • Construction Materials: Brick
  • Fencing: Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Road Surface Type: Paved
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Electric: 220 Volts, Individually Metered
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Laundromat, T-Station
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 3000

Lot Info

  • Parcel Number: W:01 P:06327 S:000,1332542
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Size Sq Ft: 1593
  • Lot Size Units: Acres
  • PAGE: 46
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7532
  • Tax Book Number: 48544

Multi Family

  • Gross Income: 48000
  • Insurance Expense: 1800
  • Net Operating Income: 48000
  • Number Of Units Total: 3
  • Operating Expense: 12800
  • Total Actual Rent: 4000
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • 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

Closed on
Oct 21, 2011
Sold by
R & R Finance Llc
Bought by
89 Morris Street Nt and Linder
Current Estimated Value
$1,081,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Outstanding Balance
$188,012
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$893,149

Purchase Details

Closed on
Jul 26, 2011
Sold by
Muckenthaler Robert J
Bought by
R & R Finance Llc

Purchase Details

Closed on
Nov 24, 2004
Sold by
Mugnano Diane L and Mugnano Joseph C
Bought by
Muckenthaler Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,400
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
89 Morris Street Nt $312,500 --
R & R Finance Llc $450,000 --
Muckenthaler Robert J $499,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 89 Morris Street Nt $275,000
Previous Owner Muckenthaler Robert J $349,400
Previous Owner Muckenthaler Robert J $100,000
Previous Owner Muckenthaler Robert J $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2021 08/15/21 Sold $975,000 -7.1% $290 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
05/24/2021 05/24/21 For Sale $1,050,000 -- $313 / 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 $9,941 $858,500 $245,300 $613,200
2024 $9,358 $858,500 $245,300 $613,200
2023 $8,230 $766,300 $219,000 $547,300
2022 $8,094 $743,900 $212,600 $531,300
2021 $7,937 $743,900 $212,600 $531,300
2020 $7,532 $713,300 $234,500 $478,800
2019 $6,713 $636,900 $145,100 $491,800
2018 $5,958 $568,500 $145,100 $423,400
2017 $5,375 $507,600 $145,100 $362,500
2016 $4,859 $441,700 $145,100 $296,600
2015 $4,832 $399,000 $109,800 $289,200
2014 $4,354 $346,100 $109,800 $236,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72837137

MLS Property Information Network (MLS PIN)

APN: EBOS-000000-000001-006327