Seller's Agent in 2016
Erin Feeney
Ceres Real Estate
(617) 905-4499
112 Total Sales
39-41 Ocean Ave Quincy, MA 02171
Squantum NeighborhoodEstimated Value: $1,192,000 - $1,908,000
8
Beds
6
Baths
4,000
Sq Ft
$397/Sq Ft
Est. Value
About This Home
As of March 2016Quite possibly one of the highest producing 3-families in Quincy--$7150 in monthly rent! This remarkable Squantum property was completely gut rehabbed in 2012. Everything has been done: roof/windows/siding, insulation, HVAC systems & fire protection/sprinkler system. Each unit has been carefully renovated with condo-quality layouts/finishes. All have granite/stainless kitchens, upgraded bathrooms & in-unit washer/dryer. 1st and 2nd floors are 3bed/2bath units and 3rd floor is 2bed/2bath. The 3rd floor features a master suite & large deck with views of Marina Bay. Tons of additional space in basement too. This is a one-of-a-kind investment opportunity: outstanding location, new systems/mechanicals & terrific rents (all units are under lease). Showings are limited due to fully occupied units. Group showings on Thurs, Jan 7th from 4-5PM and Sat, Jan 9th from 10:15-11:15AM. If planning to attend a group showing, please contact your agent or list agent. DO NOT WALK PROPERTY OR KNOCK DOORS
Property Details
Home Type
Multi-Family
Year Built
1915
Lot Details
0
Listing Details
- Lot Description: Paved Drive
- Other Agent: 2.25
- Special Features: None
- Property Sub Type: MultiFamily
- Stories: 3
- Year Built: 1915
Interior Features
- Has Basement: Yes
- Number of Rooms: 17
- Amenities: Public Transportation, Conservation Area, Highway Access, Marina
- Energy: Insulated Windows
- Flooring: Wood, Tile, Vinyl, Wall to Wall Carpet, Bamboo
- Basement: Full, Interior Access
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Construction: Frame
- Exterior: Vinyl
- Exterior Features: Deck, Gutters, Fruit Trees
- Foundation: Poured Concrete
- Beach: Bay
Garage/Parking
- Parking: Off-Street
- Parking Spaces: 6
Utilities
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Total Units: 3
Lot Info
- Assessor Parcel Number: M:6080C B:36 L:35
- Zoning: RESA
Multi Family
- APOD Available: Yes
- Cooling Units: 3
- Heat Units: 3
- Total Bedrooms: 8
- Total Floors: 6
- Total Full Baths: 6
- Total Levels: 3
- Total Rms: 16
- Total Rent_1: 7150
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 15, 2015
Closed on
Mar 1, 2016
Sold by
3941 Ocean Llc
Bought by
Jak Rt
Seller's Agent
Erin Feeney
Ceres Real Estate
Buyer's Agent
Albert Azatyants
Boston Property Group INC
List Price
$995,000
Sold Price
$1,000,000
Premium/Discount to List
$5,000
0.5%
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
$695,067
Avg. Annual Appreciation
4.78%
Original Mortgage
$635,000
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 4, 2012
Sold by
Fournier Edward J and Fournier Kelly M
Bought by
3941 Ocean Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
3.98%
Purchase Details
Closed on
Dec 31, 2009
Sold by
Jacobs Kyle G
Bought by
Fournier Edward J and Morrison-Fournier Kelly
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,593
Interest Rate
4.85%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 15, 1995
Sold by
Erickson Arthur W and Erickson Sally M
Bought by
Jacobs Kyle G and Jacobs Majella M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
8.89%
Mortgage Type
Purchase Money Mortgage
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 |
|---|---|---|---|
| Jak Rt | $1,000,000 | -- | |
| 3941 Ocean Llc | -- | -- | |
| Fournier Edward J | $340,100 | -- | |
| Jacobs Kyle G | $215,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Jak Rt | $635,000 | |
| Previous Owner | Jacobs Kyle G | $330,000 | |
| Previous Owner | Fournier Edward J | $222,593 | |
| Previous Owner | Jacobs Kyle G | $195,000 | |
| Previous Owner | Jacobs Kyle G | $193,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/01/2016 03/01/16 | Sold | $1,000,000 | +0.5% | $250 / Sq Ft |
| 01/22/2016 01/22/16 | Pending | -- | -- | -- |
| 12/30/2015 12/30/15 | For Sale | $995,000 | -0.5% | $249 / Sq Ft |
| 10/01/2015 10/01/15 | Off Market | $1,000,000 | -- | -- |
| 09/15/2015 09/15/15 | For Sale | $995,000 | -- | $249 / 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 | $17,878 | $1,550,600 | $451,200 | $1,099,400 |
| 2024 | $17,009 | $1,509,200 | $429,900 | $1,079,300 |
| 2023 | $15,718 | $1,412,200 | $409,500 | $1,002,700 |
| 2022 | $15,285 | $1,275,900 | $341,700 | $934,200 |
| 2021 | $15,035 | $1,238,500 | $341,700 | $896,800 |
| 2020 | $14,087 | $1,133,300 | $310,900 | $822,400 |
| 2019 | $14,223 | $1,133,300 | $310,900 | $822,400 |
| 2018 | $12,978 | $972,900 | $296,200 | $676,700 |
| 2017 | $12,841 | $906,200 | $258,000 | $648,200 |
| 2016 | $11,300 | $786,900 | $234,800 | $552,100 |
| 2015 | $11,257 | $771,000 | $234,800 | $536,200 |
| 2014 | $10,338 | $695,700 | $234,800 | $460,900 |
Source: Public Records
Agents Affiliated with this Home
-
Erin Feeney
-
Albert Azatyants
A
Buyer's Agent in 2016
Albert Azatyants
Boston Property Group INC
(617) 861-5622
38 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71904267
APN: QUIN-006080C-000036-000035
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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