NOT LISTED FOR SALE

Estimated Value: $1,124,707 - $1,476,000

7 Beds
3 Baths
3,816 Sq Ft
$340/Sq Ft Est. Value

Last Sold October 05, 2022

Last sale price $1,066,850 $280 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $7,753/month

8 Days on Market

Highlights

  • Marina
  • Property is near public transit and schools
  • Porch
  • Medical Services
  • Wood Flooring
  • 3-minute walk to Condor Street Overlook

About This Home

As of October 2022

Classic large 3 family in desirable Eagle Hill neighborhood. Close to it all on a nice wide street in East Boston. This large multifamily has lots of charm with beautiful original wood work. All units have a spacious dining room and living room. Unit 2 and 3 have bonus rooms that can be used for an office, workout room or even an extra bedroom. Harwood floors through out the units. Updated heating systems for all 3 units. Home has many updated windows through out and newer roof. The home is perfect for owner occupied or an investor to have a turn key rental property. Potential rent roll to be much higher. Currently owner occupied with great tenants in Unit 1 and 2. All tenants are TAW. Investors take notice the lot to the left of the house is also for sale could be a great opportunity to capitalize on two East Boston lots. Please allow 24-48 notice for showings pets on premise. Buyers agent due diligence to verify all information.

Last Agent to Sell the Property

Elizabeth Ferrara

Cottage Hill Real Estate Listed on: 08/15/2022

Last Buyer's Agent

Patrick Fahey

Access

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,490

Year Built

  • Built in 1895

Lot Details

  • 2,526 Sq Ft Lot
  • Level Lot

Home Design

  • Rubber Roof

Interior Spaces

  • 3,816 Sq Ft Home
  • Wood Flooring
  • Gas Dryer Hookup

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Porch
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $3,400
  • Rent includes unit 3(water)
  • Assessor Parcel Number 1330309

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park

Building Details

  • Net Operating Income $40,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,490

Year Built

Built in 1895

Lot Details

2,526 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1895
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Flooring: Wood
  • Interior Amenities: Other (See Remarks), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Other (See Remarks)), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Other (See Remarks)), Unit 3 Rooms(Living Room,Dining Room,Kitchen,Other (See Remarks))
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Gas Dryer, Utility Connections for Electric Dryer
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Interior Entry
  • Living Area: 3816
  • Stories Total: 6
  • MAIN LO: NB4108
  • MAIN SO: AN4691

Exterior Features

  • Foundation Details: Other
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Gas Dryer, for Electric Dryer
  • Heating: Unit 1(Hot Water Radiators,Gas), Unit 2(Hot Water Radiators,Gas), Unit 3(Hot Water Radiators,Gas)
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
  • Rent Includes: Unit 3(Water)

Lot Info

  • Parcel Number: 1330309
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2526
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9489.54

Multi Family

  • Net Operating Income: 40200
  • Number Of Units Total: 3
  • Total Actual Rent: 3400
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2022
Closed on
Oct 5, 2022
Sold by
Rich Ft and Rich
Bought by
Frezgi Kidane
Seller's Agent
Elizabeth Ferrara
Cottage Hill Real Estate
Buyer's Agent
Patrick Fahey
Access
List Price
$1,075,000
Sold Price
$1,066,850
Premium/Discount to List
-$8,150
-0.76%
Views
36
Current Estimated Value
$1,298,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,327
Avg. Annual Appreciation
5.85%
Original Mortgage
$1,066,850
Outstanding Balance
$1,017,535
Interest Rate
5.55%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$280,642

Purchase Details

Closed on
Feb 28, 2019
Sold by
Rich Brian J
Bought by
Rich Ft and Rich

Purchase Details

Closed on
Mar 30, 2006
Sold by
Rich Brian and Rich Mario Joseph
Bought by
Rich Brian and Rich Lauren

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
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2006
Sold by
Mccormack Helen M P and Mccormack Norma E
Bought by
Mario Joseph R

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
6.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Frezgi Kidane $1,066,850 None Available
Rich Ft -- None Available
Rich Ft -- None Available
Rich Brian $460,000 --
Rich Brian $460,000 --
Rich Brian $460,000 --
Mario Joseph R $400,000 --
Mario Joseph R $400,000 --
Mario Joseph R $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frezgi Kidane $1,066,850
Previous Owner Rich Brian $368,000
Previous Owner Mario Joseph R $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2022 10/05/22 Sold $1,066,850 -0.8% $280 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/15/2022 08/15/22 For Sale $1,075,000 -- $282 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $11,982 $1,034,700 $273,900 $760,800
2024 $10,805 $991,300 $252,200 $739,100
2023 $10,209 $950,600 $249,700 $700,900
2022 $9,490 $872,200 $229,100 $643,100
2021 $9,306 $872,200 $229,100 $643,100
2020 $7,253 $686,800 $253,600 $433,200
2019 $6,463 $613,200 $152,800 $460,400
2018 $5,737 $547,400 $152,800 $394,600
2017 $5,039 $475,800 $152,800 $323,000
2016 $4,552 $413,800 $152,800 $261,000
2015 $4,297 $354,800 $117,500 $237,300
2014 $3,881 $308,500 $117,500 $191,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73025591

MLS Property Information Network (MLS PIN)

APN: EBOS-000000-000001-003505

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