NOT LISTED FOR SALE

324 Summit Ave Brighton, MA 02135

Commonwealth Neighborhood

Estimated Value: $1,495,774 - $1,747,000

8 Beds
3 Baths
2,880 Sq Ft
$564/Sq Ft Est. Value

Sale Details

Date Sold: June 24, 2024

Last sale price $1,630,000 $566 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $10,454 / mo

5 Days on Market

Highlights

  • Medical Services
  • 4-minute walk to Washington Street
  • Tennis Courts
  • Property is near public transit and schools
  • Community Pool
  • 1-minute walk to Brian Honan Park

About This Home

As of June 2024

Incredible opportunity to own a charming brick 3-family investment property in one of Boston's most vibrant neighborhoods. This property offers a fantastic investment opportunity for buyers featuring 3 fully leased apartments with 4 deeded parking spaces and city approval to build a 4th UNIT in the basement! Conveniently situated on the Brighton / Brookline border, prospective buyers will be able to capitalize on seamless access to the Green Line T, Washington Square, Coolidge Corner, Corey Hill Park, Cleveland Circle, Longwood Medical, downtown Boston and an array of other amenities that make this location so desirable for prospective tenants. Boasting an impressive $93,600 annual rent roll with leases running through 8/31/2025, prospective buyers will be able to walk into a turnkey investment with immediate cash flow and lucrative upside to create substantial value for years to come. Schedule a viewing today and seize this rare opportunity to invest in the future of Brighton!

Last Agent to Sell the Property

David Dobrowolski

Block Realty Listed on: 05/01/2024

Last Buyer's Agent

Danny Zheng

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,410

Year Built

  • Built in 1910

Lot Details

  • 2,824

Home Design

  • 2,880 Sq Ft Home
  • Brick Exterior Construction
  • Rubber Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Off-Street Parking

Additional Features

  • 2,824 Sq Ft Lot
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $7,800
  • Assessor Parcel Number W:21 P:01761 S:000,1213981

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $93,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,410

Year Built

Built in 1910

Lot Details

2,824 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1910
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 2880
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN7557
  • MAIN SO: BB6013

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Other
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: W:21 P:01761 S:000,1213981
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2824
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 15410

Multi Family

  • Net Operating Income: 93600
  • Number Of Units Total: 3
  • Total Actual Rent: 7800
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

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 1, 2024
Closed on
Jun 21, 2024
Sold by
Bought by
Seller's Agent
David Dobrowolski
Block Realty
Buyer's Agent
Danny Zheng
Keller Williams Realty
List Price
$1,599,999
Sold Price
$1,630,000
Premium/Discount to List
$30,001
1.88%
Views
12
Current Estimated Value
$1,655,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,277
Avg. Annual Appreciation
-0.13%
Original Mortgage
$715,000
Interest Rate
0.0709%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$987,000
Interest Rate
0.037%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 31, 1996
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
$1,630,000 None Available
$1,410,000 None Available
$271,000 --
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
Closed $715,000
Closed $987,000
Closed $987,000
Closed $281,000
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
06/24/2024 06/24/24 Sold $1,630,000 +1.9% $566 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
05/01/2024 05/01/24 For Sale $1,599,999 -- $556 / 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 $18,166 $1,568,700 $509,900 $1,058,800
2024 $15,410 $1,413,800 $322,700 $1,091,100
2023 $14,454 $1,345,800 $307,100 $1,038,700
2022 $14,501 $1,332,800 $304,200 $1,028,600
2021 $13,941 $1,306,600 $298,200 $1,008,400
2020 $12,680 $1,200,800 $285,300 $915,500
2019 $11,833 $1,122,700 $216,000 $906,700
2018 $11,069 $1,056,200 $216,000 $840,200
2017 $10,652 $1,005,900 $216,000 $789,900
2016 $9,882 $898,400 $216,000 $682,400
2015 $10,302 $850,700 $218,700 $632,000
2014 $9,299 $739,200 $218,700 $520,500
Source: Public Records

Agents Affiliated with this Home

  • David Dobrowolski

    Seller's Agent in 2024

    David Dobrowolski

    Block Realty

    (857) 212-6161

    5 in this area

    43 Total Sales

    David Dobrowolski
    Section Image
  • Danny Zheng

    Buyer's Agent in 2024

    Danny Zheng

    Keller Williams Realty

    (832) 668-9712

    1 in this area

    249 Total Sales

    Danny Zheng
    Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73231759

MLS Property Information Network (MLS PIN)

APN: BRIG-000000-000021-001761

Massachusetts Suffolk County Boston 02135 Commonwealth

324 Summit Ave, Boston, MA

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.