NOT LISTED FOR SALE

Estimated Value: $995,983 - $1,059,000

7 Beds
3 Baths
2,232 Sq Ft
$460/Sq Ft Est. Value

Last Sold March 04, 2022

Last sale price $925,000 $414 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $6,213/month

187 Days on Market

About This Home

As of March 2022

Looking for a long term investment? A 3-family is a solid investment asset! Get in to East Boston while it’s still a developing neighborhood with massive potential. 38 Morris St a stone’s throw from Logan airport and the blue line T-station: 0.2 miles! This is a 3-family that is currently tenanted.

Last Agent to Sell the Property

Treetop Realty Group

Keller Williams Realty Listed on: 04/24/2021

Keller Williams Realty

Co-Listed By

Seydyss Barreto

Keller Williams Realty

Last Buyer's Agent

Michelle Costello

Lyv Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,076

Year Built

  • Built in 1910

Lot Details

  • 1,307 Sq Ft Lot
  • Irregular Lot

Home Design

  • 2,232 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • Driveway
  • Open Parking

Utilities

  • Electric Water Heater

Additional Features

  • Finished Basement

Listing and Financial Details

  • Total Actual Rent $3,400
  • Assessor Parcel Number W:01 P:06418 S:000,1332631

Community Details

Overview

  • 3 Units
  • Property has 2 Levels

Building Details

  • Net Operating Income $40,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,076

Year Built

Built in 1910

Lot Details

1,307 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1910
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Appliances: Electric Water Heater
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Finished
  • Living Area: 2232
  • Stories Total: 6
  • MAIN LO: G95022
  • MAIN SO: AN5767

Exterior Features

  • Foundation Details: Irregular
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: W:01 P:06418 S:000,1332631
  • Zoning: RE
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.03
  • Lot Size Sq Ft: 1306.8
  • Lot Size Units: Acres
  • LOT SIZE: 1500

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6076

Multi Family

  • Net Operating Income: 40800
  • Number Of Units Total: 3
  • Total Actual Rent: 3400
  • LEVELS 1: 2
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2021
Closed on
Mar 4, 2022
Sold by
Candido Vilma
Bought by
Kincaid Brenna
Seller's Agent
Treetop Realty Group
Keller Williams Realty
Buyer's Agent
Michelle Costello
Lyv Realty
Sold Price
$925,000
Current Estimated Value
$1,026,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,496
Avg. Annual Appreciation
2.61%
Original Mortgage
$878,750
Outstanding Balance
$815,116
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$211,380

Purchase Details

Closed on
Jun 30, 2006
Sold by
Selden Alice
Bought by
Candido Vilma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2002
Sold by
Selden Alice
Bought by
Charmoy Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 30, 1992
Sold by
Vellante Gary
Bought by
Selden Alice
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
Kincaid Brenna $925,000 None Available
Candido Vilma $462,000 --
Candido Vilma $462,000 --
Charmoy Stanley $220,000 --
Selden Alice $44,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kincaid Brenna $878,750
Previous Owner Candido Vilma $462,000
Previous Owner Selden Alice $200,000
Previous Owner Selden Alice $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2022 03/04/22 Sold $925,000 -7.5% $414 / Sq Ft
10/27/2021 10/27/21 Pending -- -- --
10/19/2021 10/19/21 For Sale -- -- --
10/07/2021 10/07/21 Pending -- -- --
09/15/2021 09/15/21 For Sale -- -- --
08/01/2021 08/01/21 Pending -- -- --
05/22/2021 05/22/21 Price Changed $999,900 -13.1% $448 / Sq Ft
04/23/2021 04/23/21 For Sale $1,150,000 -- $515 / 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 $10,459 $903,200 $210,000 $693,200
2024 $9,090 $833,900 $230,500 $603,400
2023 $8,064 $750,800 $205,700 $545,100
2022 $7,930 $728,900 $199,700 $529,200
2021 $7,777 $728,900 $199,700 $529,200
2020 $6,076 $575,400 $219,800 $355,600
2019 $5,415 $513,800 $136,000 $377,800
2018 $4,806 $458,600 $136,000 $322,600
2017 $4,337 $409,500 $136,000 $273,500
2016 $3,917 $356,100 $136,000 $220,100
2015 $3,486 $287,900 $104,200 $183,700
2014 $3,149 $250,300 $104,200 $146,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72820010

MLS Property Information Network (MLS PIN)

APN: EBOS-000000-000001-006418

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