NOT LISTED FOR SALE

28 Bates St Revere, MA 02151

West Revere Neighborhood

Estimated Value: $743,979 - $977,000

5 Beds
2 Baths
2,092 Sq Ft
$414/Sq Ft Est. Value

Last Sold November 23, 2021

Last sale price $745,000 $356 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,114/month

35 Days on Market

About This Home

As of November 2021

Don't miss this fantastic multi-family investment property! Recently renovated, this home is situated on a quiet, dead end street. Upgrades include kitchen, bathrooms, flooring, paint, windows, and more! Upper level unit is certified de-leaded. Plenty of off-street parking. Conveniently located near Revere beach, blue-line, T-stop and shopping. The 2nd level unit comes with laundry and there is another set of laundry hookups in the basement.

Last Agent to Sell the Property

Travis Speck

Redfin Corp. Listed on: 09/09/2021

Redfin Corp.

Last Buyer's Agent

Richard Peterson

Douglas Elliman Real Estate - The Sarkis Team

Douglas Elliman Real Estate - The Sarkis Team

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,474

Year Built

  • 1908

Lot Details

  • 3,049

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,474

Year Built

1908

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Use GPS
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1908

Interior Features

  • Appliances: Unit 1(Range,Microwave,Refrigerator), Unit 2(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Utility Connections for Gas Range, Utility Connections for Electric Range
  • Has Basement: Sump Pump, Unfinished
  • Total Bathrooms: 2
  • MAIN LO: NB3534
  • LIST PRICE PER Sq Ft: 358.51
  • PRICE PER Sq Ft: 356.12
  • MAIN SO: AN2383
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: No
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 2(Stone/Granite/Solid Counters,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Stories: 3

Exterior Features

  • Roof: Rubber
  • Foundation Details: Concrete Perimeter
  • Construction Type: Frame
  • Disclosures: Buyer And Buyer's Agent To Verify All Information And Perform Their Own Due Diligence. Tenant Lease Ends 3/31/2022. Tenant Up To Date On Rent Payments. Upper Level Unit Has "certificate Of Compliance" For Lead. Tenant Pays $2000 + Utilities.
  • Fencing: Fenced
  • Waterfront Features: Beach Front, Ocean
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Paved
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Cooling: Unit 1(Window AC), Unit 2(Wall AC)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas)
  • Cooling Y N: Yes
  • Electric: 220 Volts, Circuit Breakers, 100 Amp Service
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
  • HOA Rent Includes: Unit 1(Water)

Lot Info

  • LOT SIZE: 3123
  • PAGE: 185
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 3049.2
  • Zoning: RB

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2
  • Annual Gross Income: 24000
  • Property Net Operating Income: 24000
  • Number Of Units Total: 2
  • Total Actual Rent: 2000

Tax Info

  • Tax Annual Amount: 5403
  • Tax Book Number: 57633
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2021
Closed on
Nov 23, 2021
Sold by
Grubesie Dragan
Bought by
Gutierrez Medrado
Seller's Agent
Travis Speck
Redfin Corp.
Buyer's Agent
Richard Peterson
Douglas Elliman Real Estate - The Sarkis Team
List Price
$799,900
Sold Price
$745,000
Premium/Discount to List
-$54,900
-6.86%
Current Estimated Value
$865,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,245
Avg. Annual Appreciation
3.91%
Original Mortgage
$726,596
Outstanding Balance
$665,800
Interest Rate
2.99%
Mortgage Type
FHA
Estimated Equity
$199,445

Purchase Details

Listed on
Jul 14, 2016
Closed on
Mar 3, 2017
Sold by
Moscaritolo Ft and Moscaritolo
Bought by
Gubesic Dragan
Seller's Agent
Michelle Debonis
Real Broker MA, LLC
Buyer's Agent
Travis Speck
Redfin Corp.
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.05%
Original Mortgage
$380,000
Interest Rate
4.09%
Mortgage Type
New Conventional
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
Gutierrez Medrado $745,000 None Available
Gutierrez Medrado $745,000 None Available
Gutierrez Medrado $745,000 None Available
Gubesic Dragan $400,000 --
Gubesic Dragan $400,000 --
Gubesic Dragan $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gutierrez Medrado $726,596
Closed Gutierrez Medrado $726,596
Previous Owner Gubesic Dragan $380,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/23/2021 11/23/21 Sold $745,000 -6.9% $356 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $799,900 +100.0% $382 / Sq Ft
03/03/2017 03/03/17 Sold $400,000 0.0% $183 / Sq Ft View Prior Sale
07/25/2016 07/25/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $399,900 -- $183 / 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 $6,474 $713,800 $259,300 $454,500
2024 $6,310 $692,700 $235,700 $457,000
2023 $6,125 $644,100 $205,900 $438,200
2022 $5,874 $564,800 $196,400 $368,400
2021 $5,403 $488,500 $180,700 $307,800
2020 $5,266 $467,700 $172,900 $294,800
2019 $5,034 $415,700 $157,100 $258,600
2018 $5,219 $402,700 $155,600 $247,100
2017 $4,814 $344,100 $119,400 $224,700
2016 $3,926 $271,700 $103,700 $168,000
2015 $4,021 $271,700 $103,700 $168,000
Source: Public Records

Agents Affiliated with this Home

  • R

    Buyer's Agent in 2021

    Richard Peterson

    Douglas Elliman Real Estate - The Sarkis Team

    1 in this area

    25 Total Sales

    Richard Peterson
    Section Image

  • M

    Seller's Agent in 2017

    Michelle Debonis

    Real Broker MA, LLC

    6 Total Sales

    Michelle Debonis
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72892262

MLS Property Information Network (MLS PIN)

APN: REVE-000018-000324-000056

Massachusetts Suffolk County Revere 02151 West Revere

28 Bates St, Revere, MA

This home is located at 28 Bates St, Revere, MA 02151 since 09 September 2021 and is currently estimated at $865,245, approximately $413 per square foot. This property was built in 1908. 28 Bates St is a home located in Suffolk County with nearby schools including Paul Revere Innovation School, Staff Sargent James J. Hill Elementary School, and Rumney Marsh Academy.

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.

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