NOT LISTED FOR SALE

Estimated Value: $759,897 - $955,000

3 Beds
3 Baths
1,440 Sq Ft
$579/Sq Ft Est. Value

Last Sold September 09, 2021

Last sale price $655,000 $455 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,050/month

6 Days on Market

Highlights

  • Marina
  • Waterfront
  • Wooded Lot
  • Squantum Elementary School Rated A-
  • Property is near public transit
  • 3-minute walk to Wendall Moses Playground

About This Home

As of September 2021

SQUANTUM MULTIFAMILY - Extremely rare 3 family home steps from the ocean in the highly desired Squantum neighborhood! This exceptional investment property is made up of three 1 bedroom/1 bathroom residences each with a great open floor plan and access to an expansive outdoor yard area. This is a once-in-a-lifetime opportunity with outstanding current value and increased potential with future value. Impressive income and expense analysis prepared for review. Many options and potential plans for every lifestyle with this residence. Professionals, families, as well as investors, will all find value(ask agent)! Community amenities include many beautiful beaches and conservation-protected land to explore. Access to public transportation which will get you to the Red Line North Quincy T, Marina Bay ferry service to Boston, full-service marina and new retail and area restaurants. This home also offers quick commuter access to Boston. You must see this exceptional property to truly appreciate!

Last Agent to Sell the Property

Amanda Dumont

Brooks Brokerage, LLC Listed on: 07/14/2021

Last Buyer's Agent

Amanda Dumont

Brooks Brokerage, LLC Listed on: 07/14/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,542

Year Built

  • Built in 1940

Lot Details

  • 5,227 Sq Ft Lot
  • Waterfront
  • Wooded Lot

Home Design

  • Frame Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,440 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • Water Access
  • Property is near a marina
  • Walking Distance to Water
  • Balcony
  • Covered Patio or Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Squantum Elementary School
  • North Quincy High School

Utilities

  • Heating System Uses Oil

Listing and Financial Details

  • Total Actual Rent $3,900
  • Assessor Parcel Number M:6098 B:7 L:43,194153

Community Details

Overview

  • 3 Units
  • Near Conservation Area

Recreation

  • Marina
  • Park
  • Jogging Path

Additional Features

  • Shops
  • Net Operating Income $33,561

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,542

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1940
  • Buyer Agency Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Freezer), Unit 2(Range,Refrigerator,Freezer), Unit 3(Range,Refrigerator,Freezer)
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer & Dryer Hookup
  • Basement: Full, Walk-Out Access
  • Living Area: 1440
  • Stories Total: 3
  • MAIN LO: NB4836
  • MAIN SO: NB4836

Exterior Features

  • Exterior Features: Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Covered
  • Waterfront Features: Waterfront, Beach Front, Ocean, Bay, Walk to, Marina, Bay, Ocean, Direct Access, Walk to, 0 to 1/10 Mile To Beach
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Oil
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: MWRA

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Conservation Area, Marina, Public School, T-Station, University

Lot Info

  • Parcel Number: M:6098 B:7 L:43,194153
  • Zoning: RESA
  • Farm Land Area Units: Square Feet
  • Lot Features: Wooded
  • Lot Size Acres: 0.12
  • Lot Size Sq Ft: 5227.2
  • Lot Size Units: Acres
  • LOT SIZE: 5155

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6542

Multi Family

  • Net Operating Income: 33561
  • Number Of Units Total: 3
  • Total Actual Rent: 3900
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 1

MLS Schools

  • High School: North Quincy Hs
  • Elementary School: Squantum Elem

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2024
Sold by
Silverman Gene
Bought by
Ge Realty Quincy Llc
Current Estimated Value
$834,474

Purchase Details

Listed on
Jul 14, 2021
Closed on
Sep 9, 2021
Sold by
Boyle Robert J and Boyle Dorothy A
Bought by
Silverman Gene
Seller's Agent
Amanda Dumont
Brooks Brokerage, LLC
Buyer's Agent
Amanda Dumont
Brooks Brokerage, LLC
List Price
$649,900
Sold Price
$655,000
Premium/Discount to List
$5,100
0.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Original Mortgage
$491,250
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ge Realty Quincy Llc -- None Available
Ge Realty Quincy Llc -- None Available
Silverman Gene $655,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silverman Gene $491,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2021 09/09/21 Sold $655,000 +0.8% $455 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $649,900 -- $451 / 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 $8,084 $701,100 $393,600 $307,500
2024 $7,626 $676,700 $374,800 $301,900
2023 $6,877 $617,900 $357,000 $260,900
2022 $6,669 $556,700 $297,400 $259,300
2021 $6,542 $538,900 $297,400 $241,500
2020 $6,167 $496,100 $270,400 $225,700
2019 $6,226 $496,100 $270,400 $225,700
2018 $5,708 $427,900 $257,500 $170,400
2017 $5,488 $387,300 $224,000 $163,300
2016 $5,213 $363,000 $203,600 $159,400
2015 $5,339 $365,700 $203,600 $162,100
2014 $5,100 $343,200 $203,600 $139,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72865659

MLS Property Information Network (MLS PIN)

APN: QUIN-006098-000007-000043