Seller's Agent in 2018
Jim Chen
East West Real Estate, LLC
(617) 642-2882
1 in this area
13 Total Sales
23 Copeland St Unit 25 Quincy, MA 02169
South Quincy NeighborhoodEstimated Value: $988,783
3
Beds
5
Baths
3,568
Sq Ft
$277/Sq Ft
Est. Value
About This Home
As of June 2018Restaurant opportunity for future restaurant owner, commercial kitchen comes fully equipped, ready for business upon purchase. Current owner had done many upgrades, the restaurant has 19 seats, and comes with two handicapped accessible bathrooms. Chinese restaurant is on ground level with a beautiful residential unit on the second floor with separate entrance. Residential unit has be deleaded, and have two separate water meter. Second floor unit has three bedrooms and large living/dining room, along with two full bath. Also opportunity to lease current restaurant is available for $2,500/Month
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1930
Lot Details
- 4,356
Flooring
- Wood
- Tile
Additional Features
- Year Round Access
- Natural Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number M:4001 B:31 L:3
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 12, 2018
Closed on
Jun 7, 2018
Sold by
Hang Mei Llc
Bought by
23 & 25 Copeland Street
Seller's Agent
Jim Chen
East West Real Estate, LLC
Buyer's Agent
Budi Setiyono
MBM Real Estate, LLC
List Price
$680,000
Sold Price
$631,000
Premium/Discount to List
-$49,000
-7.21%
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
$357,783
Avg. Annual Appreciation
6.30%
Original Mortgage
$430,000
Outstanding Balance
$371,878
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$616,905
Purchase Details
Listed on
May 3, 2016
Closed on
Dec 2, 2016
Sold by
Ng Chun W and Ng Wai Y
Bought by
Hang Mei Llc
Seller's Agent
Wai Ng
Keller Williams Realty
Buyer's Agent
Jim Chen
East West Real Estate, LLC
List Price
$565,000
Sold Price
$525,000
Premium/Discount to List
-$40,000
-7.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.95%
Original Mortgage
$280,000
Interest Rate
3.52%
Mortgage Type
Commercial
Purchase Details
Closed on
Jun 14, 2012
Sold by
Ng Chun W
Bought by
Ng Chun W and Ng Wai Y
Purchase Details
Closed on
Jan 31, 2011
Sold by
Wa Chun and Ng Wai Y
Bought by
Ng Chun W
Purchase Details
Closed on
Oct 6, 2009
Sold by
Ng Yuk T and Ng Lye N
Bought by
Ng Chun W and Ng Anna S Y
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.12%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 15, 2006
Sold by
Wall Diane O and Wall Gerald A
Bought by
Shiner Helen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
6.27%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| 23 & 25 Copeland Street | $631,000 | -- | |
| Hang Mei Llc | $525,000 | -- | |
| Ng Chun W | -- | -- | |
| Ng Chun W | -- | -- | |
| Ng Chun W | $350,000 | -- | |
| Shiner Helen | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 23 & 25 Copeland Street | $430,000 | |
| Previous Owner | Hang Mei Llc | $280,000 | |
| Previous Owner | Ng Chun W | $350,000 | |
| Previous Owner | Shiner Helen | $288,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/07/2018 06/07/18 | Sold | $631,000 | -7.2% | $177 / Sq Ft | |
| 03/13/2018 03/13/18 | Pending | -- | -- | -- | |
| 02/12/2018 02/12/18 | For Sale | $680,000 | +29.5% | $191 / Sq Ft | |
| 12/02/2016 12/02/16 | Sold | $525,000 | -7.1% | $147 / Sq Ft | View Prior Sale |
| 08/24/2016 08/24/16 | Pending | -- | -- | -- | |
| 07/06/2016 07/06/16 | Price Changed | $565,000 | 0.0% | $158 / Sq Ft | |
| 07/06/2016 07/06/16 | For Sale | $565,000 | +7.6% | $158 / Sq Ft | |
| 06/22/2016 06/22/16 | Off Market | $525,000 | -- | -- | |
| 05/03/2016 05/03/16 | For Sale | $589,000 | -- | $165 / 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 | -- | $766,700 | $160,800 | $605,900 |
| 2024 | -- | $715,300 | $159,200 | $556,100 |
| 2023 | $0 | $707,800 | $157,600 | $550,200 |
| 2022 | $0 | $634,200 | $150,100 | $484,100 |
| 2021 | $0 | $614,600 | $148,600 | $466,000 |
| 2020 | $0 | $607,800 | $147,100 | $460,700 |
| 2019 | $0 | $541,200 | $145,700 | $395,500 |
| 2018 | $0 | $487,000 | $144,200 | $342,800 |
| 2017 | $0 | $383,100 | $140,000 | $243,100 |
| 2016 | -- | $357,800 | $140,000 | $217,800 |
| 2015 | -- | $353,300 | $140,000 | $213,300 |
| 2014 | -- | $327,800 | $140,000 | $187,800 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Chen
-
Budi Setiyono
Buyer's Agent in 2018
Budi Setiyono
MBM Real Estate, LLC
(617) 347-6266
5 Total Sales
-
W
Seller's Agent in 2016
Wai Ng
Keller Williams Realty
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72280463
APN: QUIN-004001-000031-000003
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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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