NOT LISTED FOR SALE

288 Summit Ave Brighton, MA 02135

Commonwealth Neighborhood

Estimated Value: $2,023,000 - $2,949,329

9 Beds
6 Baths
3,480 Sq Ft
$700/Sq Ft Est. Value

Last Sold January 22, 2020

Last sale price $1,915,000 $550 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $14,357/month

57 Days on Market

Highlights

  • Deck
  • Porch
  • 3-minute walk to Brian Honan Park
  • Wood Flooring

About This Home

As of January 2020

ATTENTION ALL INVESTORS! Incredibly rare opportunity to own a turn key 3 family in Brighton's premiere neighborhood just 2 houses down from the Brookline line!  This spectacular 2016 gut renovation features three spacious 3 bed 2 bath units with high end finishes, designer kitchens and bathrooms, private outdoor space and deeded off street parking!  Incredibly well maintained property with updated electrical and plumbing, new heating systems and recently replaced roof. Unbeatable proximity to the Green Line, Corey Hill Park, Coolidge Corner, Washington Square and Whole Foods which is less than a 1/4 mile away!  All 3 units are currently leased until 5/31/2020 and 8/31/2020 with ample room to improve the current rent roll for the ensuing rental period.  Do not miss out on this prime opportunity to absorb immediate cash flow on a property with incredibly low operating costs in one of the nation's hottest rental markets!

Last Agent to Sell the Property

David Dobrowolski

Block Realty Listed on: 09/10/2019

Last Buyer's Agent

Rose Hall

Blue Ocean Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 3,920

Outdoor Features

  • Deck
  • Porch

Additional Features

  • Wood Flooring
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number W:21 P:01723 S:000

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 568.68
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Ife Common: Storage
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1910

Interior Features

  • Flooring: Wood
  • Total Flrs: 6
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 6
  • Total Fbh: 6
  • No Rooms: 15
  • Rms Common: Laundry
  • Basement: Y
  • Main Lo: NB1030
  • Main So: AN2056
  • Estimated Sq Ft: 3480.00

Exterior Features

  • Roof Material: Rubber
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck

Garage/Parking

  • Parking Feature: Off-Street, Rented, Tandem, Deeded
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 200 Amps
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Hea Common: Gas

Lot Info

  • Assessments: 1285400.00
  • Acre: 0.09
  • Lot Size: 3987.00
  • Page: 205
  • Parcel Number: W:21 P:01723 S:000
  • Zoning: 99999

Multi Family

  • APOD Available: Yes
  • Total Levels: 3
  • Total Rent: 9725
  • Total Rms: 15
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 13548.00
  • Assessor Parcel Number: 1214409

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2019
Closed on
Jan 22, 2020
Sold by
Summit Ave Llc
Bought by
288 Summit Brighton Llc
Seller's Agent
David Dobrowolski
Block Realty
Buyer's Agent
Rose Hall
Blue Ocean Realty, LLC
List Price
$1,999,000
Sold Price
$1,915,000
Premium/Discount to List
-$84,000
-4.2%
Current Estimated Value
$2,434,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,582
Avg. Annual Appreciation
4.08%
Original Mortgage
$1,149,000
Outstanding Balance
$1,017,723
Interest Rate
3.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,416,859

Purchase Details

Closed on
Sep 11, 2018
Sold by
Albert Harvey
Bought by
Summit Ave Llc

Purchase Details

Closed on
Apr 3, 2018
Sold by
Summit Ave Llc 288
Bought by
Albert Harvey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
4.44%

Purchase Details

Closed on
Feb 22, 2018
Sold by
288 Summit Ave Llc
Bought by
Albert Harvey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
4.44%

Purchase Details

Closed on
Oct 26, 2015
Sold by
Cuozzo Anne M and Cuozzo Carmelina
Bought by
288 Summmit Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$936,800
Interest Rate
3.9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
288 Summit Brighton Llc $1,915,000 None Available
Summit Ave Llc -- --
Albert Harvey -- --
Albert Harvey -- --
288 Summmit Ave Llc $1,171,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 288 Summit Brighton Llc $1,149,000
Previous Owner Albert Harvey $26,000
Previous Owner Albert Harvey --
Previous Owner 288 Summmit Ave Llc $936,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2020 01/22/20 Sold $1,915,000 -3.2% $550 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
10/31/2019 10/31/19 Price Changed $1,979,000 -1.0% $569 / Sq Ft
09/10/2019 09/10/19 For Sale $1,999,000 -- $574 / 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 $21,040 $1,816,900 $613,800 $1,203,100
2024 $18,434 $1,691,200 $399,400 $1,291,800
2023 $17,291 $1,610,000 $380,200 $1,229,800
2022 $17,346 $1,594,300 $376,500 $1,217,800
2021 $16,677 $1,563,000 $369,100 $1,193,900
2020 $14,516 $1,374,600 $355,700 $1,018,900
2019 $13,548 $1,285,400 $270,900 $1,014,500
2018 $12,828 $1,224,000 $270,900 $953,100
2017 $11,349 $1,071,639 $251,937 $819,702
2016 $10,490 $953,600 $270,900 $682,700
2015 $10,785 $890,600 $256,900 $633,700
2014 $9,734 $773,800 $256,900 $516,900
Source: Public Records

Agents Affiliated with this Home

  • David Dobrowolski

    Seller's Agent in 2020

    David Dobrowolski

    Block Realty

    (857) 212-6161

    6 in this area

    47 Total Sales

    David Dobrowolski
    Section Image
  • Rose Hall

    Buyer's Agent in 2020

    Rose Hall

    Blue Ocean Realty, LLC

    (857) 207-7579

    3 in this area

    334 Total Sales

    Rose Hall
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72562444

MLS Property Information Network (MLS PIN)

APN: BRIG-000000-000021-001723

Massachusetts Suffolk County Brookline 02135 Commonwealth

288 Summit Ave, Brookline, MA

Not Listed for Sale

MultiFamily

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