Seller's Agent in 2017
Eric Johnson
Compass
(203) 893-8316
7 in this area
47 Total Sales
402 Centre St Jamaica Plain, MA 02130
Jamaica Plain NeighborhoodEstimated Value: $1,415,000 - $1,968,000
9
Beds
6
Baths
3,540
Sq Ft
$469/Sq Ft
Est. Value
About This Home
As of October 2017Great turnkey, cash-flowing investment opportunity in JP! This 3 family was gut renovated in 2016 and features all new plumbing, Central AC & Heat, roof, vinyl siding, windows, electrical, decks and blown in insulation. Each of the units is a spacious 3 bed, 2 bath with open concepts and identical finishes featuring tons of closet space - hardwood floors throughout, bathrooms have modern tiled showers with glass doors, and kitchens are equipped with stainless appliances, granite counters and shaker style cabinets. This is the location tenants want to be in - across the street from Whole Foods, convenient to the 39 & 41 bus routes, walking distance to either Green or Orange lines, Longwood and all the shops and restaurants that Centre Street has to offer! Bring you investors this property is being sold at 6.1% capitalization rate!
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$20,847
Year Built
1900
Lot Details
0
Listing Details
- Lot Description: City View(s)
- Property Type: Multi-family
- Other Agent: 2.50
- Lead Paint: Unknown
- Insc: 2462
- Year Built Description: Approximate
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1900
Interior Features
- Has Basement: Yes
- Number of Rooms: 21
- Electric: 200 Amps
- Energy: Insulated Windows
- Flooring: Wood, Tile
- Basement: Slab, Unfinished Basement
- Full Bathrooms: 6
- Total Levels: 3
- Main Lo: AN0241
- Main So: AN3723
- Estimated Sq Ft: 3540.00
Exterior Features
- Construction: Frame
- Exterior: Vinyl
- Exterior Features: Porch, Deck
- Foundation: Fieldstone
Utilities
- Cooling Zones: 3
- Heat Zones: 3
- Hot Water: Electric
- Utility Connections: for Gas Range, for Electric Oven, for Electric Dryer
- Sewer: City/Town Sewer
- Water: City/Town Water
- Electric: 262
- Sewer: 912
Condo/Co-op/Association
- Total Units: 3
Lot Info
- Zoning: 3f
- Acre: 0.07
- Lot Size: 2896.00
Multi Family
- APOD Available: Yes
- Cooling Units: 3
- Foundation: 9999
- Heat Units: 3
- Total Bedrooms: 9
- Total Floors: 6
- Total Full Baths: 6
- Total Levels: 3
- Total Rms: 7
- Total Rent_1: 10100
- Multi Family Type: 3 Family
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 25, 2017
Closed on
Oct 4, 2017
Sold by
402 Centre Llp
Bought by
Manders Ferrari Llc
Seller's Agent
Eric Johnson
Compass
Buyer's Agent
Mark Carey
Carey Connector
List Price
$1,774,000
Sold Price
$1,750,000
Premium/Discount to List
-$24,000
-1.35%
Total Days on Market
27
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
-$90,667
Avg. Annual Appreciation
-0.45%
Original Mortgage
$1,000,000
Outstanding Balance
$836,632
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$851,701
Purchase Details
Closed on
Nov 23, 2015
Sold by
Castaneda Mercedes A
Bought by
402 Centre Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,005,900
Interest Rate
3.79%
Mortgage Type
Commercial
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 |
|---|---|---|---|
| Manders Ferrari Llc | $1,750,000 | -- | |
| 402 Centre Llc | $915,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Manders Ferrari Llc | $1,000,000 | |
| Previous Owner | 402 Centre Llp | $25,000 | |
| Previous Owner | 402 Centre Llc | $1,005,900 | |
| Previous Owner | Castaneda Mercedes A | $220,000 | |
| Previous Owner | Oconnor Breda M | $220,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/06/2017 10/06/17 | Sold | $1,750,000 | -0.8% | $494 / Sq Ft |
| 08/21/2017 08/21/17 | Pending | -- | -- | -- |
| 08/03/2017 08/03/17 | Price Changed | $1,765,000 | -0.5% | $499 / Sq Ft |
| 07/25/2017 07/25/17 | For Sale | $1,774,000 | -- | $501 / 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 | $20,847 | $1,800,300 | $562,300 | $1,238,000 |
| 2024 | $17,857 | $1,638,300 | $334,200 | $1,304,100 |
| 2023 | $17,082 | $1,590,500 | $324,400 | $1,266,100 |
| 2022 | $16,024 | $1,472,800 | $300,400 | $1,172,400 |
| 2021 | $14,966 | $1,402,600 | $286,100 | $1,116,500 |
| 2020 | $14,167 | $1,341,600 | $293,100 | $1,048,500 |
| 2019 | $12,860 | $1,220,100 | $210,300 | $1,009,800 |
| 2018 | $10,364 | $988,900 | $210,300 | $778,600 |
| 2017 | $8,532 | $805,700 | $206,000 | $599,700 |
| 2016 | $8,283 | $753,000 | $206,000 | $547,000 |
| 2015 | $7,391 | $610,300 | $171,800 | $438,500 |
| 2014 | $6,649 | $528,500 | $171,800 | $356,700 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Johnson
-
Mark Carey
Buyer's Agent in 2017
Mark Carey
Carey Connector
(617) 744-9468
9 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72203273
APN: JAMA-000000-000019-000185
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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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