NOT LISTED FOR SALE

Estimated Value: $1,031,000 - $1,112,000

9 Beds
3 Baths
3,741 Sq Ft
$285/Sq Ft Est. Value

Last Sold November 08, 2023

Last sale price $1,025,000 $274 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,908/month

3 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Jogging Path
  • Deck
  • Wood Flooring
  • 3-minute walk to Baldwin Ave Playground

About This Home

As of November 2023

Introducing an exceptional investment opportunity in the heart of Everett, Massachusetts. This spacious flat-roof triple-decker property boasts 3,741 square feet, featuring nine bedrooms and three bathrooms. Everett, strategically located just minutes from downtown Boston, has emerged as a prime hotspot for real estate investment. The city's vibrant economy, strong rental market, and proximity to Boston's amenities make it an appealing destination for prospective tenants and investors alike. With ongoing infrastructure improvements and a dynamic local economy, Everett promises significant growth and development potential. Seize this chance to invest in a property with immense potential in the flourishing city of Everett, MA.

Last Agent to Sell the Property

Erica Covelle

Compass Listed on: 09/28/2023

Compass

Last Buyer's Agent

Suman Mahara

oNest Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,682

Year Built

  • Built in 1900

Lot Details

  • 2,169 Sq Ft Lot
  • Level Lot

Parking

  • Open Parking

Home Design

  • Block Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 3,741 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Schools

  • Madeline Elementary School
  • Parlin Junior Middle School
  • Everett High School

Utilities

  • 3 Heating Zones
  • Heating Available
  • Natural Gas Connected

Additional Features

  • Deck
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $5,450
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:E0 B:05 L:000016,481238

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Insurance Expense $3,500
  • Water Sewer Expense $1,880
  • Operating Expense $16,000
  • Net Operating Income $60,020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,682

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Tile
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range), Unit 2(Range), Unit 3(Range), Utility Connections for Gas Range
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 3741
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 265.97
  • PRICE PER Sq Ft: 273.99
  • MAIN SO: AN6926

Exterior Features

  • Exterior Features: Deck
  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1880

Lot Info

  • Parcel Number: M:E0 B:05 L:000016,481238
  • Zoning: BD
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2169
  • Lot Size Units: Acres
  • PAGE: 276
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9682
  • Tax Book Number: 26196

Multi Family

  • Gross Income: 66000
  • Insurance Expense: 3500
  • Net Operating Income: 60020
  • Number Of Units Total: 3
  • Operating Expense: 16000
  • Total Actual Rent: 5450
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: Everett High
  • Elementary School: Madeline School
  • Middle Or Junior School: Parlin Junior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2023
Sold by
Valdez Victor R and Germano-Valdez Margaret M
Bought by
Germano-Valdez Lt and Germano-Valdez
Total Days on Market
3
Current Estimated Value
$1,065,370

Purchase Details

Closed on
Apr 3, 1996
Sold by
Parella
Bought by
Valdez Victor R and Valdez Margaret
Source: Public Records

Similar Homes in the area

  • 90 Swan St, Everett, MA 02149

    $1,250,000

    • 8 Beds
    • 3 Baths
    • 3,858 Sq Ft
    • 90 Swan St
    • Everett, MA

    We are pleased to present a well-maintained three-family property in Everett, MA. The asset features three spacious units, presenting both strong in-place income and value-add potential. Unit 1 is lead compliant and will be delivered vacant—offering flexibility for investors or owner-occupants. Additional highlights include front and rear decks, a landscaped backyard, and sweeping views of the

    Daniel Alper Boston Realty Advisors

    Section Image
  • 6 Timothy Ave, Everett, MA 02149

    $1,244,999

    • 7 Beds
    • 3 Baths
    • 2,697 Sq Ft
    • 6 Timothy Ave
    • Everett, MA

    Prime location investment opportunity!You're considering a property in Everett with a prime location, high rental demand, and potential for both investment and owner-occupied use. You could also potentially generate significant income by renting out two units while occupying one. Its proximity to the airport, public transportation, and amenities like Wayne Casino makes it an attractive property.

    Tek Yada oNest Real Estate

    Section Image
  • 37 Union St, Everett, MA 02149

    $1,199,999

    • 8 Beds
    • 3 Baths
    • 3,423 Sq Ft
    • 37 Union St
    • Everett, MA

    Investors & Owner Occupants, don't miss this huge 3-family on Union St in Everett! Renovated in 2018, Unit 1 & 2 have updated kitchens w/ dishwasher, granite counter tops, tile bathroom w/ updated fixtures & lighting, & new windows. The top floor unit is a 5 Bedroom DUPLEX, custom designed w/ high end kitchen appliances & cabinets, beautiful tile backsplash, combination living/dining room, & huge

    Louis Gordon CENTURY 21 Revolution

    Section Image
  • 65 Harvard St, Everett, MA 02149

    $790,000

    • 7 Beds
    • 2.5 Baths
    • 3,076 Sq Ft
    • 65 Harvard St
    • Everett, MA

    Here’s a rare opportunity to own a charming 2-family home in Everett! Ideal for owner occupancy or as an income-generating property! The home features a large deck on the back, perfect for entertaining and enjoying the views of the Boston Skyline! The property offers a spacious upper-level unit with 5 bedrooms and 1.5 bathrooms, along with a lower-level unit featuring 2 bedroom and 1 bathroom,

    Joseph Barnes Keller Williams Realty Boston-Metro | Back Bay

    Section Image
  • 33 Franklin St, Chelsea, MA 02150

    $995,000

    • 8 Beds
    • 3 Baths
    • 3,472 Sq Ft
    • 33 Franklin St
    • Chelsea, MA

    PRICE IMPROVEMENT Spacious Deleaded Mansard Victorian Two-Family in Prime Prattville Location! Great opportunity to own a turn-key investment property or multi-generational home in Chelsea’s sought-after Prattville neighborhood. Producing a solid mid-6s CAP RATE with potential to go higher. This property offers exceptional space, recent updates, and a strong rental history.The first-floor unit

    Jim Lowenstern eXp Realty

    Section Image

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
Germano-Valdez Lt -- None Available
Germano-Valdez Lt -- None Available
Valdez Victor R $115,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duwal Kishor $768,750
Closed Duwal Kishor $768,750
Previous Owner Parella Richard A $253,000
Previous Owner Germano Valdez Margaret $265,000
Previous Owner Germano-Valdez Margaret M $240,000
Previous Owner Germano-Valdez Margaret M $25,000
Previous Owner Valdez Victor R $199,000
Previous Owner Parella Richard A $182,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2023 11/08/23 Sold $1,025,000 +3.0% $274 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/28/2023 09/28/23 For Sale $995,000 -- $266 / 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 $11,467 $1,006,800 $195,100 $811,700
2024 $9,838 $858,500 $181,800 $676,700
2023 $9,682 $821,900 $172,900 $649,000
2022 $7,998 $772,000 $172,900 $599,100
2021 $7,368 $746,500 $166,700 $579,800
2020 $7,500 $704,900 $166,700 $538,200
2019 $7,902 $638,300 $158,700 $479,600
2018 $7,445 $540,300 $138,300 $402,000
2017 $7,070 $489,600 $115,300 $374,300
2016 $6,362 $440,300 $106,400 $333,900
2015 $6,056 $414,500 $100,000 $314,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73164847

MLS Property Information Network (MLS PIN)

APN: EVER-000000-E000005-000016