NOT LISTED FOR SALE

Estimated Value: $1,603,000 - $1,775,277

6 Beds
3 Baths
2,304 Sq Ft
$744/Sq Ft Est. Value

Last Sold October 18, 2016

Last sale price $975,000 $423 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $10,777/month

20 Days on Market

About This Home

As of October 2016

Rarely available free-standing three-family near West Broadway. Only minutes to Seaport District, Broadway T station, area shops & restaurants and nearby beaches. Owner maintained property in overall good condition with recent upgrades to all three units. Current rents are under market. Opportunity for investor to buy and hold or developer to convert to condominiums. Rear half of full basement had living space current owner never utilized or legalized. Architectural plans for potential #1 duplex included.

Last Agent to Sell the Property

John Woodin

Realty Assets, Inc. Listed on: 09/08/2016

Last Buyer's Agent

Frank Celeste

Gibson Sotheby's International Realty

Gibson Sotheby's International Realty

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,207

Year Built

1890

Lot Details

0

Listing Details

  • Lot Description: Level
  • Property Type: Multi-family
  • Lead Paint: Unknown
  • Insc: 2880
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 12
  • Amenities: Public Transportation, Shopping, Medical Facility, Highway Access
  • Electric: Circuit Breakers
  • Flooring: Wood, Tile
  • Basement: Full
  • Total Levels: 3

Exterior Features

  • Roof: Rubber
  • Construction: Frame
  • Exterior: Shingles
  • Foundation: Brick, Granite
  • Beach: Ocean
  • Beach Ownership: Public

Utilities

  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 600

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Assessor Parcel Number: W:06 P:01113 S:000
  • Zoning: 9999

Multi Family

  • Heating Common: Hot Water Baseboard, Gas
  • Common Room: Laundry
  • Total Bedrooms: 6
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 13
  • Total Rent_1: 5425

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2016
Closed on
Oct 18, 2016
Sold by
259 Silver Street Lp
Bought by
259 Silver Street Llc
Seller's Agent
John Woodin
Realty Assets, Inc.
Buyer's Agent
Frank Celeste
Gibson Sotheby's International Realty
List Price
$1,149,000
Sold Price
$975,000
Premium/Discount to List
-$174,000
-15.14%
Current Estimated Value
$1,714,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$739,819
Avg. Annual Appreciation
5.55%

Purchase Details

Closed on
Sep 24, 2004
Sold by
Oconnor Phil and Woodin John
Bought by
E 4Th St Lp 752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2004
Sold by
Kveraga Rikante O and Kveraga Kestutis
Bought by
Woodin John and Oconnor Philip M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 1994
Sold by
Rtc
Bought by
Kveraga Rikante O and Kveraga Kestutis
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
259 Silver Street Llc $975,000 --
E 4Th St Lp 752 -- --
Woodin John $460,000 --
Kveraga Rikante O $93,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 259 Silver Street Llc $6,000,000
Closed 259 Silver Street Llc $830,000
Previous Owner 259 Silver Street Lp $150,000
Previous Owner Morrison Richard D $385,000
Previous Owner Morrison Richard D $368,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2016 10/18/16 Sold $975,000 -15.1% $423 / Sq Ft
09/28/2016 09/28/16 Pending -- -- --
09/08/2016 09/08/16 For Sale $1,149,000 -- $499 / 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 $17,207 $1,485,900 $441,000 $1,044,900
2024 $15,055 $1,381,200 $286,200 $1,095,000
2023 $14,265 $1,328,200 $275,200 $1,053,000
2022 $12,902 $1,185,800 $245,700 $940,100
2021 $12,051 $1,129,400 $234,000 $895,400
2020 $10,978 $1,039,600 $255,000 $784,600
2019 $9,963 $945,300 $179,300 $766,000
2018 $8,759 $835,800 $179,300 $656,500
2017 $8,374 $790,700 $179,300 $611,400
2016 $7,564 $687,600 $179,300 $508,300
2015 $6,164 $509,000 $133,600 $375,400
2014 $5,567 $442,500 $133,600 $308,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72064234

MLS Property Information Network (MLS PIN)

APN: SBOS-000000-000006-001113