NOT LISTED FOR SALE
9 Beds
5 Baths
4,000 Sq Ft
5,227 Sq Ft Lot

Sale Details

Date Sold: October 30, 2020

Last sale price $1,245,000 $311 Per Sq Ft

7 Days on Market

Highlights

  • Landscaped Professionally
  • Bamboo Flooring
  • Porch
  • Covered Deck
  • Fenced Yard
  • 1-minute walk to Bradford Street Playground

About This Home

As of October 2020

OH SAT 12:30-2:30!! Rare investment opportunity of a completely updated & cash-flowing 4-Family unit at 33-35 Payne Street, close to Central Quincy. Each unit has bamboo hardwood floors throughout, beautiful woodwork/crown moldings, updated kitchens with granite countertops & plenty of cabinetry, ceramic tile bathrooms and good sized rooms. Exterior has a covered Trek Deck Porch, Vinyl siding, Storm Doors, Replacement Windows and Separate Electric Panel in Units. Gas Heat in 3 of the 4 units, Oil heat for remainder. Total Rental Income $97,200 per year estimated, with potential for more as some units have undermarket rents. Coin-Operated Laundry in basement as well as plenty of storage space. Located in Historic Downtown Quincy which has great restaurants, parks, beach and boating, golf courses and excellent schools. Close proximity to the Red Line at Quincy Adams stop. All offers if any due by Monday, September 14 @ 5 PM. Seller reserves the right to accept any offers before the deadl

Last Agent to Sell the Property

George Sarkis

Douglas Elliman Real Estate - The Sarkis Team Listed on: 09/08/2020

Douglas Elliman Real Estate - The Sarkis Team

Co-Listed By

Roy Bahnam

Douglas Elliman Real Estate - The Sarkis Team

Last Buyer's Agent

Jonathan Bombaci

eXp Realty LLC

eXp Realty LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • Fenced Yard
  • Landscaped Professionally

Flooring

  • Bamboo
  • Wood
  • Tile

Outdoor Features

  • Covered Deck
  • Porch

Additional Features

  • Window Screens
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:3009 B:7 L:11

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Insc: 6144
  • Year Built Description: Actual
  • List Price Per Sq Ft: 299.75
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1920
  • Col Common: Window AC, 3 or More, Individual, Unit Control
  • Ife Common: Balcony/Deck, Tile Floor, Crown Molding, Stone/Granite/Solid Counters, Hardwood Floors, Upgraded Cabinets, Upgraded Countertops, Wood Flooring, Bathroom With Tub & Shower, Remodeled
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 6
  • Year Built: 1920

Interior Features

  • Flooring: Wood, Tile, Bamboo, Hardwood
  • Total Flrs: 6
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Fbh: 4
  • Total Hbh: 1
  • No Rooms: 18
  • Rms Common: Laundry
  • Basement: Y
  • Basement Features: Full, Walk Out, Interior Access, Bulkhead, Concrete Floor, Unfinished Basement
  • Main Lo: AN4282
  • Main So: AN5498
  • Estimated Sq Ft: 4000.00

Exterior Features

  • Construction: Stone/Concrete
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch, Deck - Composite, Covered Patio/Deck, Professional Landscaping, Screens, Fenced Yard
  • Foundation: Fieldstone, Granite

Garage/Parking

  • Parking Feature: Off-Street, Tandem, On Street Permit, Assigned, Deeded
  • Parking Spaces: 5

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 300
  • Sewer: 4800
  • Electric Features: Circuit Breakers, 100 Amps, Common, Individually Metered
  • Heat Zones: 4
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station
  • App Common: Washer, Dryer
  • Hea Common: Central Heat, Forced Air, Hot Water Radiators, Oil, Gas, Individual, Unit Control

Lot Info

  • Assessments: 733200.00
  • Acre: 0.12
  • Lot Size: 5372.00
  • Page: 427
  • Parcel Number: M:3009 B:7 L:11
  • Zoning: RESB
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Insulated Windows, Storm Windows, Insulated Doors, Storm Doors

Multi Family

  • Heat Units: 4
  • Total Levels: 6
  • Total Rent: 8100
  • Total Rms: 18
  • No Units: 4
  • Mf Type: 4 Family - 4 Units Up/Down

Tax Info

  • Taxes: 9114.00
  • Tax Year: 2020

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

Closed on
Sep 6, 2022
Sold by
Bought by

Purchase Details

Listed on
Sep 8, 2020
Closed on
Oct 14, 2020
Sold by
Bought by
Seller's Agent
George Sarkis
Douglas Elliman Real Estate - The Sarkis Team
Buyer's Agent
Jonathan Bombaci
eXp Realty LLC
List Price
$1,199,000
Sold Price
$1,245,000
Premium/Discount to List
$46,000
3.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,178,112
Interest Rate
0.028%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 3, 2019
Closed on
Mar 30, 2019
Sold by
Bought by
Seller's Agent
Sandra Mclaughlin
Century 21 Property Central Inc.
Buyer's Agent
George Sarkis
Douglas Elliman Real Estate - The Sarkis Team
List Price
$1,100,000
Sold Price
$1,000,000
Premium/Discount to List
-$100,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.40%
Original Mortgage
$100,000
Interest Rate
0.042%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2015
Sold by
Bought by

Purchase Details

Closed on
Sep 17, 2008
Sold by
Bought by

Purchase Details

Closed on
Sep 5, 2007
Sold by
Bought by

Purchase Details

Closed on
Jun 7, 2005
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
$144,000
Interest Rate
0.0583%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 17, 1994
Sold by
Bought by

Purchase Details

Closed on
Jan 11, 1994
Sold by
Bought by
Source: Public Records
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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
-- None Available
$1,245,000 None Available
$1,000,000 --
$10,000 --
$322,000 --
$425,000 --
$720,000 --
$150,000 --
$170,000 --
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
Previous Owner $1,178,112
Previous Owner $52,000
Previous Owner $844,000
Previous Owner $100,000
Previous Owner $800,000
Previous Owner $462,000
Previous Owner $385,000
Previous Owner $144,000
Previous Owner $299,000
Previous Owner $295,400
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 Prior Sale
10/30/2020 10/30/20 Sold $1,245,000 +3.8% $311 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $1,199,000 +19.9% $300 / Sq Ft
04/19/2019 04/19/19 Sold $1,000,000 -9.1% $250 / Sq Ft View Prior Sale
03/11/2019 03/11/19 Pending -- -- --
03/03/2019 03/03/19 For Sale $1,100,000 -- $275 / 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 $14,404 $1,249,300 $275,500 $973,800
2024 $13,141 $1,166,000 $262,400 $903,600
2023 $12,050 $1,082,700 $238,500 $844,200
2022 $11,583 $966,900 $198,800 $768,100
2021 $11,340 $934,100 $198,800 $735,300
2020 $9,114 $733,200 $198,800 $534,400
2019 $8,744 $696,700 $187,500 $509,200
2018 $9,007 $675,200 $173,600 $501,600
2017 $8,440 $595,600 $165,400 $430,200
2016 $7,416 $516,400 $143,800 $372,600
2015 $7,272 $498,100 $143,800 $354,300
2014 $7,152 $481,300 $143,800 $337,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72722161

MLS Property Information Network (MLS PIN)
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