NOT LISTED FOR SALE

Estimated Value: $1,248,000 - $1,318,000

9 Beds
3 Baths
3,987 Sq Ft
$319/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $1,150,000 $288 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $7,998/month

29 Days on Market

About This Home

As of November 2022

Possibility to permit an extra unit! High ceilings throughout. Very spacious multi-family in a convenient location in Dorchester. Within close proximity to multiple public transit options and near the highway for ease of access to downtown Boston. Stable rental history and profitability. Second floor is rented to corporate tenant and first floor is subsidized creating very stable income. Third floor unit is TAW and corporate tenant has interest in renting it. Paved parking surface in the rear of the property. Excellent investment opportunity for the discerning buyer. Will not last! Don't miss this rare opportunity to earn income in one of Boston's fastest developing neighborhoods.

Last Agent to Sell the Property

Matthew Javitch

CRG Commercial Listed on: 07/26/2022

CRG Commercial

Last Buyer's Agent

Matthew Javitch

CRG Commercial Listed on: 07/26/2022

CRG Commercial

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,170

Year Built

  • Built in 1905

Lot Details

  • 5,546 Sq Ft Lot

Home Design

  • 3,987 Sq Ft Home
  • Triplex
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking

Listing and Financial Details

  • Total Actual Rent $7,250

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $87,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,170

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1905
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 2%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 3987
  • Stories Total: 6
  • MAIN LO: AN7037
  • LIST PRICE PER Sq Ft: 288.44
  • PRICE PER Sq Ft: 288.44
  • MAIN SO: AN7037

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.13
  • Lot Size Area: 0.13
  • Lot Size Sq Ft: 5546
  • Lot Size Units: Acres
  • PAGE: 144
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8169.79
  • Tax Book Number: 64450

Multi Family

  • Gross Income: 87000
  • Net Operating Income: 87000
  • Number Of Units Total: 3
  • Total Actual Rent: 7250
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2020
Sold by
Andrade Maria C
Bought by
Vanko John P
Current Estimated Value
$1,270,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 1994
Sold by
Alves Baltazar A and Alves Amelia Dp
Bought by
Andrade Maria C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,755
Interest Rate
8.29%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Vanko John P $950,000 None Available
Andrade Maria C $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 22 Humphreys Street Llc $862,500
Closed Vanko John P $760,000
Previous Owner Andrade Maria C $235,000
Previous Owner Andrade Maria $177,000
Previous Owner Andrade Maria C $177,000
Previous Owner Andrade Maria C $124,000
Previous Owner Andrade Maria C $106,500
Previous Owner Andrade Maria C $104,755
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $1,150,000 0.0% $288 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $1,150,000 -- $288 / 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 $11,761 $1,015,600 $279,900 $735,700
2024 $11,341 $1,040,500 $247,300 $793,200
2023 $8,305 $773,300 $184,000 $589,300
2022 $8,170 $750,900 $178,700 $572,200
2021 $7,488 $701,800 $167,000 $534,800
2020 $5,810 $550,200 $190,100 $360,100
2019 $5,041 $478,300 $118,800 $359,500
2018 $4,476 $427,100 $118,800 $308,300
2017 $4,187 $395,400 $118,800 $276,600
2016 $3,782 $343,800 $118,800 $225,000
2015 $3,717 $306,900 $102,000 $204,900
2014 $3,748 $297,900 $102,000 $195,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73017289

MLS Property Information Network (MLS PIN)

APN: DORC-000000-000007-003825