$730,000
SOLD AUG 20, 2020
6 Beds
3 Baths
3,156 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$231 Per Sq Ft

3% Below List Price

11 Days on Market

About This Home

As of June 2021

INTRODUCING 23 THORNDIKE ST, *3-FAMILY HOME* located right next to the ENCORE CASINO! A+ location & Level lot! This *TRIPLE DECKER* property is Vacant and provides a great opportunity for a skilled developer/contractor to create value. Tucked away on a quiet, One Way street w/ low traffic. Due to Extremely High Demand of Location, the highest & best use is to either do a Condo Conversion project & sell 3 separate condos or renovate & rent out 3 units. All 3 units have Eat-In Kitchens w/ exterior access to back deck. 2 Beds & 1 Bath per unit. 6 Bedrooms & 3 Baths Total. W/D hook up in units 1 & 3. Spacious front foyer w/ high ceilings. OUTSIDE SPACE & PARKING in driveway is a Huge Asset!* Tremendous untapped potential. Property to be sold "As-Is". Close to the Everett/Medford/Somerville line, Encore Casino, Assembly Row & Boston. Commuter location. **GROUP SHOWINGS START Thurs., 7/16 at 5:30pm BY APPOINTMENT ONLY** Offers due Tues., 7/21 at 3:00pm. WON'T LAST!

Last Agent to Sell the Property

David Ladner

RE/MAX Harmony Listed on: 07/13/2020

RE/MAX Harmony

Last Buyer's Agent

Tianqi Wang

TQ Realty Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,502

Year Built

  • Built in 1900

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate
  • Tile

Outdoor Features

  • Covered Deck
  • Rain Gutters

Utilities

  • Water Holding Tank

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,502

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 237.61
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Flooring: Tile, Wall to Wall Carpet, Laminate, Hardwood
  • Total Flrs: 6
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 13
  • Basement: Y
  • Basement Features: Full, Sump Pump, Concrete Floor, Unfinished Basement
  • Main Lo: AN5976
  • Main So: G95048
  • Estimated Sq Ft: 3156.00

Exterior Features

  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Vinyl
  • Exterior Features: Covered Patio/Deck, Gutters
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street, Tandem, Paved Driveway
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heat Zones: 3
  • Hot Water: Tank
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup, Varies per Unit

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Bike Path, Highway Access, Private School, Public School, T-Station, University

Schools

  • High School: Everett High

Lot Info

  • Assessments: 625400.00
  • Acre: 0.06
  • Lot Size: 2801.00
  • Page: 418
  • Zoning: Res
  • Lot Description: Paved Drive, Level

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rms: 13
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 6654.00
  • Assessor Parcel Number: 481817

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2021
Closed on
Jun 25, 2021
Sold by
Intelligent Mems Design
Bought by
23 Thorndike Street Rt
Seller's Agent
Tianqi Wang
TQ Realty Inc.
Buyer's Agent
Madelyn Garcia
Madelyn Garcia Real Estate
List Price
$949,900
Sold Price
$890,000
Premium/Discount to List
-$59,900
-6.31%
Current Estimated Value
$1,039,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,705
Avg. Annual Appreciation
4.67%
Original Mortgage
$686,250
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jul 13, 2020
Closed on
Sep 1, 2020
Sold by
Xu Yueping
Bought by
Intelligent Mems Design
Seller's Agent
David Ladner
RE/MAX Harmony
Buyer's Agent
Tianqi Wang
TQ Realty Inc.
List Price
$749,900
Sold Price
$730,000
Premium/Discount to List
-$19,900
-2.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.26%

Purchase Details

Listed on
Jul 13, 2020
Closed on
Aug 14, 2020
Sold by
Giannelli Stephen P
Bought by
Xu Yueping
Seller's Agent
David Ladner
RE/MAX Harmony
Buyer's Agent
Tianqi Wang
TQ Realty Inc.
List Price
$749,900
Sold Price
$730,000
Premium/Discount to List
-$19,900
-2.65%

Purchase Details

Closed on
Sep 7, 2004
Sold by
Giannelli Brian D and Giannelli Maryann
Bought by
Giannelli Stephen P
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $890,000 None Available
Quit Claim Deed -- None Available
Not Resolvable $750,000 None Available
Deed $50,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $720,000 Stand Alone Refi Refinance Of Original Loan
Closed $686,250 Purchase Money Mortgage
Previous Owner $140,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $890,000 -4.3% $282 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
04/08/2021 04/08/21 Price Changed $929,900 -2.1% $295 / Sq Ft
03/12/2021 03/12/21 For Sale $949,900 0.0% $301 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
03/03/2021 03/03/21 For Sale $949,900 +30.1% $301 / Sq Ft
08/20/2020 08/20/20 Sold $730,000 -2.7% $231 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $749,900 -- $238 / 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 $10,502 $922,000 $177,800 $744,200
2024 $9,864 $860,700 $171,500 $689,200
2023 $9,820 $833,600 $171,500 $662,100
2022 $8,026 $774,700 $161,900 $612,800
2021 $6,518 $660,400 $161,900 $498,500
2020 $6,654 $625,400 $161,900 $463,500
2019 $6,813 $550,300 $138,400 $411,900
2018 $6,435 $467,000 $120,400 $346,600
2017 $6,089 $421,700 $100,300 $321,400
2016 $5,627 $389,400 $99,600 $289,800
2015 $5,264 $360,300 $86,600 $273,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72690152

MLS Property Information Network (MLS PIN)

APN: EVER-000000-H000005-000041