$1,418,000
SOLD AUG 8, 2024
9 Beds
4 Baths
3,336 Sq Ft
2,273 Sq Ft Lot

Recently Sold

$425 Per Sq Ft

5% Below List Price

8 Days on Market

Highlights

  • Marina
  • Property is near public transit
  • Upgraded Countertops
  • Medical Services
  • Wood Flooring
  • 2-minute walk to Robert E Ryan Playground

About This Home

As of August 2024

39 Newport Street is located in the highly desirable Savin Hill Neighborhood of Dorchester. This property is located just steps (0.2 Miles) from the JFK/UMASS Red Line station and is close proximity to Downtown Boston, UMass Boston and I-93 North and South access. Unit 1 (3 Bed/2Bath) was just remodeled to include a brand new second full bathroom. Units 2 and 3 are 3 Bedroom / 1 Bath layouts. The property has been very well cared for by the current ownership and the units feature upgraded kitchens and baths, hardwood flooring, recessed lighting, and in-unit laundry in each apartment. This is an excellent investment as Savin Hill continues to see robust rental growth and property appreciation 39 Newport Street can be purchased individually or as a package with 22 Newport Street.

Last Agent to Sell the Property

Tony Pepdjonovic

Marcus & Millichap Real Estate Investment Services Listed on: 06/19/2024

Last Buyer's Agent

Grace Hui

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,266

Year Built

  • Built in 1910

Lot Details

  • 2,273 Sq Ft Lot
  • Fenced

Home Design

  • Stone Foundation
  • Frame Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,336 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Upgraded Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Enclosed patio or porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 3 Heating Zones
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $8,550
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 1306750

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Operating Expense $20,067
  • Net Operating Income $82,533

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,266

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1910
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: N/A
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Lead Certification Available, Upgraded Cabinets, Upgraded Countertops, Remodeled
  • Fireplace YN: No
  • Appliances: Washer, Dryer
  • Total Bedrooms: 9
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full, Unfinished
  • Living Area: 3336
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN1252
  • LIST PRICE PER Sq Ft: 449.64
  • PRICE PER Sq Ft: 425.06
  • MAIN SO: BB6013

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter, Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed, Patio
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Heating: Baseboard
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1306750
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2273
  • Lot Size Units: Acres
  • PAGE: .
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12266
  • Tax Book Number: .

Multi Family

  • Gross Income: 102600
  • Net Operating Income: 82533
  • Number Of Units Total: 3
  • Operating Expense: 20067
  • Total Actual Rent: 8550
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2010
Sold by
Dorchester Apts Llc
Bought by
Dooley Thomas H and Dooley Marie L
Total Days on Market
8
Current Estimated Value
$1,434,720

Purchase Details

Closed on
Jun 7, 2007
Sold by
Dooley Marie L and Dooley Thomas H
Bought by
Dorchester Apts Llc

Purchase Details

Closed on
Jun 4, 1996
Sold by
Czerwinski Jan A Est
Bought by
Dooley Thomas H and Dooley Marie L
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed $87,500 --
Deed $87,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $567,200 Purchase Money Mortgage
Closed $567,200 Purchase Money Mortgage
Closed $660,000 Stand Alone Refi Refinance Of Original Loan
Closed $400,000 No Value Available
Previous Owner $413,000 No Value Available
Previous Owner $146,000 No Value Available
Previous Owner $144,562 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2024 08/08/24 Sold $1,418,000 -5.5% $425 / Sq Ft
06/28/2024 06/28/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $1,500,000 -- $450 / 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 $12,953 $1,118,600 $300,900 $817,700
2024 $12,266 $1,125,300 $197,100 $928,200
2023 $11,090 $1,032,600 $180,800 $851,800
2022 $10,597 $974,000 $170,600 $803,400
2021 $9,541 $894,200 $165,600 $728,600
2020 $7,707 $729,800 $186,600 $543,200
2019 $6,688 $634,500 $120,900 $513,600
2018 $5,782 $551,700 $120,900 $430,800
2017 $5,562 $525,200 $120,900 $404,300
2016 $5,205 $473,200 $120,900 $352,300
2015 $4,815 $397,600 $109,900 $287,700
2014 $4,467 $355,100 $109,900 $245,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73254592

MLS Property Information Network (MLS PIN)

APN: DORC-000000-000013-003112