S
Seller's Agent in 2021
Salman Kazmi
SHK Residential
(617) 999-8128
1 in this area
6 Total Sales
388 Beach St Revere, MA 02151
Downtown Revere NeighborhoodEstimated Value: $729,000 - $956,000
6
Beds
2.5
Baths
2,598
Sq Ft
$319/Sq Ft
Est. Value
Highlights
- Waterfront
- Laundry Room
- Heating Available
About This Home
As of August 2021Lovely 2 family home for sale. Walking distance to blue line stops revere beach & wonderland. Conveniently located near revere beach with nearby access to highways & Logan Airport. Unit #1 is a 2.5 bedroom/1bath apartment on first floor with separate 4 parking driveway and yard. Lead Certificate on hand for Unit #1. Was just rented at $2200 a month. Unit #2 is a 4 bedroom/1.5 bathroom apartment on 2 floors of living, a separate dining room, 3 car driveway, & a fabulous garden. Garden featured in local newspaper and grows fruits, and vegetables including apple, pear, walnuts, cherries etc. A newer furnace was replaced 8 years ago. Solar panels on roof pay for electric bill of the property and were installed 5 years ago. Partially finished basement provides opportunity for new owner to add an additional unit in the basement.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,179
Year Built
- Built in 1840
Lot Details
- 8,276 Sq Ft Lot
- Waterfront
Parking
- 7 Car Parking Spaces
Home Design
- Stone Foundation
Interior Spaces
- 2,598 Sq Ft Home
- Property has 1 Level
- Laundry Room
- Partially Finished Basement
Bedrooms and Bathrooms
- 6 Bedrooms
Utilities
- Heating Available
Community Details
- 2 Units
- Net Operating Income $26,400
Listing and Financial Details
- Total Actual Rent $2,200
- Rent includes unit 1(water), unit 2(water)
- Legal Lot and Block 1 / 245
- Assessor Parcel Number 1372400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2021
Closed on
Aug 27, 2021
Sold by
Zafar-Ghory Mohammad and Zafer-Ghory Zebra
Bought by
Rivero-Zapata Victor
Seller's Agent
Salman Kazmi
SHK Residential
Buyer's Agent
Ricardo Amaya
Broad Sound Real Estate, LLC
List Price
$788,000
Sold Price
$720,000
Premium/Discount to List
-$68,000
-8.63%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,712
Avg. Annual Appreciation
3.29%
Original Mortgage
$612,000
Outstanding Balance
$554,441
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$273,516
Purchase Details
Closed on
Jan 12, 1996
Sold by
Ferazzi Paul E
Bought by
Ghory Mohammad Z and Ghory Zehera Z
Purchase Details
Closed on
Oct 31, 1995
Sold by
Fnma
Bought by
Ferazzi Paul E
Purchase Details
Closed on
Aug 9, 1995
Sold by
Symonds Martha M
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Dec 31, 1990
Sold by
Tucci Angela
Bought by
Valentin Vidal
Purchase Details
Closed on
Mar 21, 1988
Sold by
Palomba Anna
Bought by
Tucci Raffaele
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rivero-Zapata Victor | $720,000 | None Available | |
| Rivero-Zapata Victor | $720,000 | None Available | |
| Rivero-Zapata Victor | $720,000 | None Available | |
| Ghory Mohammad Z | $130,000 | -- | |
| Ghory Mohammad Z | $130,000 | -- | |
| Ferazzi Paul E | $57,500 | -- | |
| Ferazzi Paul E | $57,500 | -- | |
| Federal National Mortgage Association | $118,000 | -- | |
| Federal National Mortgage Association | $118,000 | -- | |
| Valentin Vidal | $152,000 | -- | |
| Valentin Vidal | $152,000 | -- | |
| Tucci Raffaele | $158,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rivero-Zapata Victor | $612,000 | |
| Closed | Rivero-Zapata Victor | $612,000 | |
| Previous Owner | Tucci Raffaele | $120,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/27/2021 08/27/21 | Sold | $720,000 | -8.3% | $277 / Sq Ft |
| 07/20/2021 07/20/21 | Pending | -- | -- | -- |
| 07/02/2021 07/02/21 | Price Changed | $785,000 | -0.4% | $302 / Sq Ft |
| 07/02/2021 07/02/21 | For Sale | $788,000 | +9.4% | $303 / Sq Ft |
| 06/30/2021 06/30/21 | Off Market | $720,000 | -- | -- |
| 06/02/2021 06/02/21 | Price Changed | $788,000 | -0.1% | $303 / Sq Ft |
| 05/06/2021 05/06/21 | Price Changed | $789,000 | -0.1% | $304 / Sq Ft |
| 04/29/2021 04/29/21 | For Sale | $790,000 | -- | $304 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $6,715 | $740,400 | $296,200 | $444,200 |
| 2024 | $6,620 | $726,700 | $279,800 | $446,900 |
| 2023 | $6,298 | $662,300 | $233,700 | $428,600 |
| 2022 | $6,307 | $606,400 | $222,200 | $384,200 |
| 2021 | $6,179 | $558,700 | $205,700 | $353,000 |
| 2020 | $6,127 | $544,100 | $205,700 | $338,400 |
| 2019 | $5,888 | $486,200 | $187,600 | $298,600 |
| 2018 | $5,901 | $455,300 | $169,500 | $285,800 |
| 2017 | $5,571 | $398,200 | $148,100 | $250,100 |
| 2016 | $4,690 | $324,600 | $134,900 | $189,700 |
| 2015 | $4,804 | $324,600 | $134,900 | $189,700 |
Source: Public Records
Agents Affiliated with this Home
-
Salman Kazmi
-
Ricardo Amaya
R
Buyer's Agent in 2021
Ricardo Amaya
Broad Sound Real Estate, LLC
(617) 785-6571
3 in this area
29 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72823446
APN: REVE-000016-000245-000001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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