C
Seller's Agent in 2016
Chris Sower
Cushman & Wakefield
400 Hanover St Unit 404 Boston, MA 02113
North End NeighborhoodEstimated Value: $7,151,158
8
Beds
10
Baths
7,189
Sq Ft
$995/Sq Ft
Est. Value
About This Home
As of June 2016400 Hanover Street is being marketed as part of a portfolio offering including 4 Fountain Place & 12 Foster Street for a cumulative 30-unit, 3 building portfolio. The property includes ten (10) units consisting of eight one-bedroom units and two 450 SF retail suites. Unit renovations including stainless steel and granite kitchens have been completed on four of the eight residential units offering value add potential. The property benefits from individually metered systems and the opportunity to add a roof-deck. 400 Hanover Street is 100% occupied and located in the thriving North End urban community, which blends mom-and-pop Italian enclaves with a lively bar scene, trendy restaurants, and open parks. The properties are proximate to downtown Boston, the North Station Redevelopment and the Seaport as well as ample public transportation and major roadways. 400 Hanover Street is being offered as a part of The North End Collection portfolio or as an individual property.
Last Agent to Sell the Property
Chris Sower
Cushman & Wakefield Listed on: 10/23/2015
Property Details
Home Type
Multi-Family
Year Built
1900
Lot Details
0
Listing Details
- Lot Description: Corner, Other (See Remarks)
- Property Type: Multi-family
- Sub-Agency Relationship Offered: Yes
- Lead Paint: Unknown
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1900
Interior Features
- Has Basement: No
- Number of Rooms: 4
Exterior Features
- Foundation: Other (See Remarks)
Utilities
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Total Units: 10
Lot Info
- Zoning: 99
Multi Family
- APOD Available: Yes
- Total Bedrooms: 8
- Total Floors: 5
- Total Full Baths: 8
- Total Half Baths: 2
- Total Levels: 5
- Total Rms: 20
- Total Rent_1: 2075
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 23, 2015
Closed on
Jun 30, 2016
Sold by
4 Fountain Place Llc
Bought by
Trifecta Hldg Llc
Seller's Agent
Chris Sower
Cushman & Wakefield
Buyer's Agent
Marissa Pelissier
Camdan Realty LLC
List Price
$4,100,000
Sold Price
$3,850,000
Premium/Discount to List
-$250,000
-6.1%
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
$3,301,158
Avg. Annual Appreciation
6.78%
Original Mortgage
$2,625,000
Outstanding Balance
$2,095,542
Interest Rate
3.58%
Mortgage Type
Commercial
Estimated Equity
$5,055,616
Purchase Details
Closed on
Jun 30, 2014
Sold by
Denrat Nt
Bought by
4 Fountain Place Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Interest Rate
4.19%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Trifecta Hldg Llc | $3,850,000 | -- | |
| 4 Fountain Place Llc | $2,713,902 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Trifecta Hldg Llc | $2,625,000 | |
| Previous Owner | 4 Fountain Place Llc | $612,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/30/2016 06/30/16 | Sold | $3,850,000 | 0.0% | $536 / Sq Ft |
| 06/03/2016 06/03/16 | Pending | -- | -- | -- |
| 04/23/2016 04/23/16 | Off Market | $3,850,000 | -- | -- |
| 02/03/2016 02/03/16 | For Sale | $4,100,000 | +32.3% | $570 / Sq Ft |
| 01/13/2016 01/13/16 | Pending | -- | -- | -- |
| 10/23/2015 10/23/15 | For Sale | $3,100,000 | -- | $431 / 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 | -- | $1,091,900 | $335,200 | $756,700 |
| 2024 | -- | $1,109,100 | $335,200 | $773,900 |
| 2023 | $0 | $1,150,700 | $335,200 | $815,500 |
| 2022 | $0 | $1,133,100 | $335,200 | $797,900 |
| 2021 | $0 | $1,128,300 | $316,800 | $811,500 |
| 2020 | $0 | $1,111,600 | $316,800 | $794,800 |
| 2019 | $0 | $1,090,500 | $316,800 | $773,700 |
| 2018 | $0 | $1,049,000 | $304,800 | $744,200 |
| 2017 | $0 | $1,008,500 | $290,200 | $718,300 |
| 2016 | -- | $940,500 | $269,000 | $671,500 |
| 2015 | -- | $843,000 | $240,600 | $602,400 |
| 2014 | -- | $675,500 | $206,600 | $468,900 |
Source: Public Records
Agents Affiliated with this Home
-
-
Marissa Pelissier
M
Buyer's Agent in 2016
Marissa Pelissier
Camdan Realty LLC
(617) 367-0900
4 in this area
16 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71923427
APN: CBOS-000000-000003-002058
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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