NOT LISTED FOR SALE

Estimated Value: $1,153,568 - $1,313,000

8 Beds
4 Baths
3,599 Sq Ft
$337/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $920,000 $256 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $7,676/month

9 Days on Market

Highlights

  • Deck
  • Merrymount Elementary School Rated A-
  • Porch

About This Home

As of October 2020

Calling all investors, condo flippers, owner occupants! Here's the one you've been waiting for. Rare opportunity to purchase this massive 2 family in arguably one of the best residential locations in all of Quincy. Located in the heart of Quincy center on a quiet two lane residential street separated with a beautifully landscaped median. This home needs updates throughout but presents an incredible opportunity for the end buyer to bring this property back to its former glory. Each unit has 3 floors of living space! There is potential to expand the living space sq footage significantly throughout the 3rd floor. Additional expansion potential also available over the existing footprint. Great potential for a condo conversion and/or for a hold and grow business plan with potential to achieve some of the highest market rental rates possible in Quincy.

Last Agent to Sell the Property

Christopher Chadzynski

Northeast Realty + Co. Listed on: 08/24/2020

Last Buyer's Agent

Jing Zheng

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,834

Year Built

  • Built in 1915

Lot Details

  • 7,405

Outdoor Features

  • Deck
  • Porch

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,834

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 250.07
  • Comp Based On: Net Sale Price
  • Year Built: 1915
  • Lead Paint: Yes, Certified Treated
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1915

Interior Features

  • Fireplaces: 1
  • Total Flrs: 2
  • Total Frplcs: 1
  • No Bedrooms: 8
  • Total Brs: 8
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Fbh: 3
  • Total Hbh: 1
  • No Rooms: 14
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN4053
  • Main So: BB2685
  • Estimated Sq Ft: 3599.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Aluminum
  • Exterior Features: Porch, Deck - Wood
  • Foundation: Granite

Garage/Parking

  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water

Lot Info

  • Assessments: 926500.00
  • Acre: 0.17
  • Lot Size: 7190.00
  • Page: 159
  • Zoning: RESA
  • Lot Description: Paved Drive

Multi Family

  • APOD Available: Yes
  • Heat Units: 2
  • Total Levels: 6
  • Total Rms: 14
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Side by Side

Tax Info

  • Taxes: 11516.40
  • Assessor Parcel Number: 175020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Sep 28, 2020
Sold by
Seager Paul
Bought by
Liu Yong F and Lin En
Seller's Agent
Christopher Chadzynski
Northeast Realty + Co.
Buyer's Agent
Jing Zheng
Keller Williams Realty
List Price
$900,000
Sold Price
$920,000
Premium/Discount to List
$20,000
2.22%
Total Days on Market
9
Current Estimated Value
$1,212,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,392
Avg. Annual Appreciation
5.20%
Original Mortgage
$653,500
Outstanding Balance
$582,566
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$593,613

Purchase Details

Closed on
Dec 28, 2007
Sold by
Farrell Ft and Farrell Arthur F
Bought by
Seager Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2006
Sold by
Farrell Arthur F and Farrell Janet L
Bought by
Farrell Ft and Farrell Arthur F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2006
Sold by
Farrell Ft and Farrell Arthur F
Bought by
Farrell Janet L and Farrell Arthur F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Liu Yong F $920,000 None Available
Seager Paul $570,000 --
Farrell Ft -- --
Farrell Janet L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Yong F $653,500
Previous Owner Seager Paul $390,000
Previous Owner Seager Paul F $50,000
Previous Owner Seager Paul $422,000
Previous Owner Seager Paul $427,000
Previous Owner Farrell Janet L $320,000
Previous Owner Farrell Ft $225,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2020 10/19/20 Sold $920,000 +2.2% $256 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $900,000 -- $250 / 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 $12,834 $1,113,100 $300,400 $812,700
2024 $12,056 $1,069,700 $286,200 $783,500
2023 $11,615 $1,043,600 $260,100 $783,500
2022 $12,260 $1,023,400 $236,500 $786,900
2021 $11,381 $937,500 $236,500 $701,000
2020 $11,516 $926,500 $225,200 $701,300
2019 $10,739 $855,700 $212,500 $643,200
2018 $11,102 $832,200 $212,500 $619,700
2017 $10,154 $716,600 $202,400 $514,200
2016 $9,007 $627,200 $192,700 $434,500
2015 $9,110 $624,000 $192,700 $431,300
2014 $7,834 $527,200 $183,600 $343,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72714595

MLS Property Information Network (MLS PIN)

APN: QUIN-001128-000013-000009