The Baker Team .
Keller Williams Realty
(781) 661-5797
96 Total Sales
1 in Commonwealth
$1,263,000 Price
324 Summit Ave Brighton, MA 02135
Commonwealth NeighborhoodEstimated Value: $1,505,000 - $1,659,000
8
Beds
3
Baths
2,880
Sq Ft
$548/Sq Ft
Est. Value
Highlights
- Medical Services
- 4-minute walk to Washington Street
- Community Pool
- Beethoven Elementary School Rated A-
- Property is near public transit and schools
- 1-minute walk to Brian Honan Park
About This Home
As of June 2024Incredible 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!
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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
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
Summit Ave Llc 324
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,334
Avg. Annual Appreciation
-1.43%
Original Mortgage
$715,000
Outstanding Balance
$700,201
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$879,465
Purchase Details
Closed on
Nov 1, 2019
Sold by
Liao Shao W and Lei Se A
Bought by
324 Summit 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
$987,000
Interest Rate
3.7%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
May 31, 1996
Sold by
Yee Chuck M and Yee Shi F
Bought by
Liao Shao W and Lei Se A
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Commonwealth, MA
-
The Baker Team .
-
Richard Hornblower
Richard Hornblower
Coldwell Banker Realty - Boston
(339) 666-1029
77 Total Sales
3 in Commonwealth
$295K - $375K Price Range
-
Selina Yin MacDonald
Selina Yin MacDonald
Keller Williams Boston MetroWest
(857) 971-4296
64 Total Sales
2 in Commonwealth
$580K - $640K Price Range
-
Stacy Schuster
Stacy Schuster
True North Boston Realty LLC
(857) 365-8074
23 Total Sales
1 in Commonwealth
$420,000 Price
-
Amy Weed
Amy Weed
Compass
(339) 444-0416
25 Total Sales
2 in Commonwealth
$515K - $536K Price Range
-
Arman Mavai
Arman Mavai
Gibson Sotheby's International Realty
(781) 317-6094
59 Total Sales
2 in Commonwealth
$432K - $437K Price Range
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 | ||
| 324 Summit Ave Llc | $1,410,000 | None Available | |
| Liao Shao W | $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 |
|---|---|---|---|
| Open | $715,000 | ||
| Previous Owner | 324 Summit Ave Llc | $987,000 | |
| Previous Owner | 324 Summit Ave Llc | $987,000 | |
| Previous Owner | Yee Chuck M | $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
42 Total Sales
-
Danny Zheng
Buyer's Agent in 2024
Danny Zheng
Keller Williams Realty
(832) 668-9712
1 in this area
249 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73231759
APN: BRIG-000000-000021-001761
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.
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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