NOT LISTED FOR SALE

221 Chestnut Ave Jamaica Plain, MA 02130

Jamaica Plain Neighborhood

Estimated Value: $2,087,000 - $3,121,000

10 Beds
6 Baths
4,823 Sq Ft
$569/Sq Ft Est. Value

Last Sold January 25, 2016

Last sale price $1,631,000 $338 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $16,603/month

130 Days on Market

About This Home

As of January 2016

6 CAP INVESTMENT PROPERTY! Rarely does a home such as this come along...a beautiful farmhouse style 1840's 3 family, in an absolute best location, situated on a quarter acre and amongst some of JP's finest Victorian homes! Perfect as a long term hold or future condo conversion. The building is spacious at 4800+ sq/ft, and is neatly configured with a huge 7 bedroom/3 bath unit on 3 floors, together with two additional rental units which are serviced by their own private entry. Gross income is $118,500/annual! The residences are all just renovated and all are under lease through 8/31/16. There is a shed and parking for at least 4 cars to the rear. A really special house!

Last Agent to Sell the Property

The Residential Group

William Raveis R.E. & Home Services Listed on: 07/16/2015

William Raveis R.E. & Home Services

Last Buyer's Agent

Jonny Kim

Coldwell Banker Realty - Cambridge

Coldwell Banker Realty - Cambridge

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,837

Year Built

1841

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1841

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 18
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Medical Facility, Bike Path, Conservation Area, House of Worship, Private School, Public School, T-Station
  • Flooring: Hardwood

Exterior Features

  • Exterior Features: Porch, Deck, Patio
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street, Stone/Gravel
  • Parking Spaces: 4

Utilities

  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Zoning: RES

Multi Family

  • Total Bedrooms: 10
  • Total Floors: 4
  • Total Full Baths: 5
  • Total Half Baths: 1
  • Total Levels: 3
  • Total Rms: 18
  • Total Rent_1: 10050

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2019
Sold by
Burstein Mordejai
Bought by
Bmm Ventures Llc
Current Estimated Value
$2,746,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Outstanding Balance
$838,236
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$1,908,060

Purchase Details

Listed on
Jul 16, 2015
Closed on
Jan 25, 2016
Sold by
221 Chestnut Avenue Ll
Bought by
Burstein Mordejai
Seller's Agent
The Residential Group
William Raveis R.E. & Home Services
Buyer's Agent
Jonny Kim
Coldwell Banker Realty - Cambridge
List Price
$1,795,000
Sold Price
$1,631,000
Premium/Discount to List
-$164,000
-9.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Original Mortgage
$985,200
Interest Rate
3.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 26, 2013
Sold by
Cullen Ft
Bought by
221 Chestnut Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
3.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 8, 2004
Sold by
Cullen Mary
Bought by
Delgross Tr Eileen P C and Cullen William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.71%
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
Bmm Ventures Llc -- --
Burstein Mordejai $1,631,000 --
221 Chestnut Llc $950,000 --
Delgross Tr Eileen P C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bmm Ventures Llc $950,000
Previous Owner Burstein Mordejai $985,200
Previous Owner 221 Chestnut Llc $950,000
Previous Owner Delgross Tr Eileen P C $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2016 01/25/16 Sold $1,631,000 -9.1% $338 / Sq Ft
11/23/2015 11/23/15 Pending -- -- --
07/16/2015 07/16/15 For Sale $1,795,000 -- $372 / 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 $23,837 $2,058,500 $832,500 $1,226,000
2024 $20,560 $1,886,200 $518,800 $1,367,400
2023 $20,258 $1,886,200 $518,800 $1,367,400
2022 $19,178 $1,762,700 $484,800 $1,277,900
2021 $17,578 $1,647,400 $453,100 $1,194,300
2020 $16,602 $1,572,200 $423,700 $1,148,500
2019 $15,056 $1,428,500 $327,700 $1,100,800
2018 $13,864 $1,322,900 $327,700 $995,200
2017 $0 $0 $0 $0
2016 $9,448 $0 $0 $0
2015 $9,448 $780,200 $230,300 $549,900
2014 $8,508 $676,300 $230,300 $446,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    The Residential Group

    William Raveis R.E. & Home Services

    (617) 426-8333

    69 in this area

    271 Total Sales

    The Residential Group
    Section Image
  • Jonny Kim

    Buyer's Agent in 2016

    Jonny Kim

    Coldwell Banker Realty - Cambridge

    (617) 800-9805

    22 Total Sales

    Jonny Kim
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71874204

MLS Property Information Network (MLS PIN)

APN: JAMA-000000-000019-001016

Massachusetts Suffolk County Boston 02130 Jamaica Plain

221 Chestnut Ave, Boston, MA

This home is located at 221 Chestnut Ave, Jamaica Plain, MA 02130 since 16 July 2015 and is currently estimated at $2,746,296, approximately $569 per square foot. This property was built in 1841. 221 Chestnut Ave is a home located in Suffolk County with nearby schools including Neighborhood School, Meridian Academy, and Nativity Preparatory School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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.

Nearby Homes