NOT LISTED FOR SALE
7 Beds
7 Baths
4,848 Sq Ft
7,268 Sq Ft Lot

Sale Details

Date Sold: August 9, 2024

Last sale price $1,170,000 $241 Per Sq Ft

6 Days on Market

Highlights

  • Ocean View
  • Balcony
  • 2-minute walk to Jenkins Park
  • Corner Lot

About This Home

As of August 2024

Located in the Pine Hill neighborhood, this 6+ unit investment property offers a lucrative opportunity for seasoned investors or those entering the real estate market. The property consists of five 1-bedroom apartments and two studios. Recent upgrades include a brand-new roof installed in May 2024 and the installation of carbon monoxide and smoke detectors in all apartments and stairways in 2021, along with the replacement of water tanks between 2021 and 2023.

Last Agent to Sell the Property

Drew Boujoulian

Coldwell Banker Realty - Boston Listed on: 05/21/2024

Coldwell Banker Realty - Boston

Co-Listed By

Joe Flanagan

Coldwell Banker Realty - Boston

Last Buyer's Agent

Viviane Alvarenga

Keller Williams Realty Evolution

Keller Williams Realty Evolution
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,525

Year Built

  • Built in 1910

Lot Details

  • 7,268 Sq Ft Lot
  • Corner Lot

Home Design

  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 4,848 Sq Ft Home
  • Ocean Views
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Full Bathrooms

Parking

  • 5 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Balcony

Listing and Financial Details

  • Total Actual Rent $3,500
  • Tax Lot 7,268
  • Assessor Parcel Number 1991346

Community Details

Overview

  • 7 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $52,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,525

Year Built

Built in 1910

Lot Details

7,268 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1910
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 7
  • Full Bathrooms: 7
  • Total Bathrooms: 7
  • Basement: Partially Finished
  • Living Area: 4848
  • Spa YN: No
  • Stories Total: 9
  • MAIN LO: AN6181
  • MAIN SO: AN4339

Exterior Features

  • Exterior Features: Balcony
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean
  • Waterfront YN: No
  • Waterview Flag: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 1991346
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7268
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11525
  • Tax Lot: 7,268

Multi Family

  • Net Operating Income: 52200
  • Number Of Units Total: 7
  • Total Actual Rent: 3500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2
  • Waterview: Ocean

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Aug 9, 2024
Sold by
Garcia Lucas M
Bought by
Seller's Agent
Drew Boujoulian
Coldwell Banker Realty - Boston
Buyer's Agent
Viviane Alvarenga
Keller Williams Realty Evolution
List Price
$1,049,000
Sold Price
$1,170,000
Premium/Discount to List
$121,000
11.53%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Outstanding Balance
$572,921
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 21, 2024
Closed on
Aug 8, 2024
Sold by
Pine Hill Rt and Murphy
Bought by
Garcia Lucas M
Seller's Agent
Drew Boujoulian
Coldwell Banker Realty - Boston
Buyer's Agent
Viviane Alvarenga
Keller Williams Realty Evolution
List Price
$1,049,000
Sold Price
$1,170,000
Premium/Discount to List
$121,000
11.53%
Views
16

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$585,000
Outstanding Balance
$572,921
Interest Rate
6.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 31, 1987
Sold by
25 Forest Hill Ave
Bought by
Murphy Timothy J
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Garcia Lucas M $1,170,000 None Available
Murphy Timothy J $290,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $585,000
Previous Owner Murphy Cynthia J $98,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/09/2024 08/09/24 Sold $1,170,000 +11.5% $241 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/21/2024 05/21/24 For Sale $1,049,000 -- $216 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,594 $1,119,100 $212,000 $907,100
2024 $11,525 $1,094,500 $201,700 $892,800
2023 $10,441 $936,400 $202,600 $733,800
2022 $9,948 $800,300 $169,100 $631,200
2021 $10,041 $770,600 $147,700 $622,900
2020 $9,602 $716,600 $136,000 $580,600
2019 $8,626 $603,200 $128,600 $474,600
2018 $8,342 $550,600 $135,600 $415,000
2017 $7,752 $496,900 $117,900 $379,000
2016 $7,234 $447,100 $111,800 $335,300
2015 $6,546 $390,800 $117,900 $272,900
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73241073

MLS Property Information Network (MLS PIN)
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