407 E 5th St Unit 409 Boston, MA 02127
South Boston NeighborhoodEstimated Value: $1,190,400 - $1,485,000
4
Beds
2
Baths
1,848
Sq Ft
$717/Sq Ft
Est. Value
About This Home
As of August 2020RECENTLY RENOVATED SOUTH BOSTON EAST SIDE 2 FAMILY OFFERS GREAT INVESTMENT OPPORTUNITY. HARDWOOD FLOORS THROUGHOUT, GRANITE KITCHEN COUNTERTOPS, STAINLESS STEEL APPLIANCES. BATHROOMS BOAST TILED SHOWERS & TILE FLOORS. NEW INSULATION AND HIGH EFFICIENCY HEATING SYSTEMS INSTALLED IN 2017. UPPER UNIT HAS SKYLIGHT & WET BAR IN THE LIVING ROOM. LARGE BASEMENT WITH CONCRETE FLOOR IS CURRENTLY USED AS SHARED STORAGE SPACE WITH COMMON LAUNDRY, NEW WASHER & DRYER INSTALLED IN 2018. NEW FLAT RUBBER ROOF INSTALLED IN 2015. LOCATED 2 BLOCKS FROM EAST BROADWAY, WITHIN WALKING DISTANCE TO SHOPS, RESTAURANTS, BEACH, HIGHWAY ACCESS (90 & 93), BUS LINES AND BROADWAY RED LINE T STOP. BOTH UNITS ARE CURRENTLY RENTED UNDER MARKET VALUE WITH LEASES THROUGH 8/31/20. 3RD PARTY GARAGE RENTAL PARKING AVAILABLE. **VIDEO TOUR AVAILABLE**
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,628
Year Built
- Built in 1900
Lot Details
- 1,307
Parking
- 1 Car Garage
Flooring
- Wood
- Tile
Additional Features
- Patio
- Year Round Access
- Natural Gas Water Heater
- Basement
Listing and Financial Details
- Assessor Parcel Number W:07 P:01773 S:000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 5, 2020
Closed on
Aug 12, 2020
Sold by
Mclaughlin Connor
Bought by
Darcy Degroen T 2019
Seller's Agent
Meghan Regan
Joyce Lebedew Real Estate
Buyer's Agent
Darcy Bento
Bento Real Estate Group, Inc.
List Price
$1,199,000
Sold Price
$1,080,000
Premium/Discount to List
-$119,000
-9.92%
Total Days on Market
24
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
$245,100
Avg. Annual Appreciation
3.35%
Original Mortgage
$756,000
Outstanding Balance
$678,123
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$587,321
Purchase Details
Closed on
May 14, 2018
Sold by
Farren Steven M
Bought by
Mclaughlin Connor
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
4.44%
Mortgage Type
Unknown
Purchase Details
Closed on
Oct 26, 2010
Sold by
Deta Lorraine M
Bought by
Farren Steven M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
Similar Homes in the area
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 |
|---|---|---|---|
| Darcy Degroen T 2019 | $1,080,000 | None Available | |
| Mclaughlin Connor | $1,020,000 | -- | |
| Farren Steven M | $459,000 | -- | |
| Farren Steven M | $459,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Darcy Degroen T 2019 | $756,000 | |
| Previous Owner | Mclaughlin Connor | $765,000 | |
| Previous Owner | Farren Steven M | $344,000 | |
| Previous Owner | Farren Steven M | $364,000 | |
| Previous Owner | Farren Steven M | $365,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/17/2020 08/17/20 | Sold | $1,080,000 | -9.9% | $584 / Sq Ft |
| 06/29/2020 06/29/20 | Pending | -- | -- | -- |
| 06/05/2020 06/05/20 | For Sale | $1,199,000 | -- | $649 / 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 | $12,628 | $1,090,500 | $401,100 | $689,400 |
| 2024 | $12,617 | $1,157,500 | $339,700 | $817,800 |
| 2023 | $11,512 | $1,071,900 | $314,600 | $757,300 |
| 2022 | $10,795 | $992,200 | $291,200 | $701,000 |
| 2021 | $10,379 | $972,700 | $285,500 | $687,200 |
| 2020 | $9,320 | $882,600 | $236,100 | $646,500 |
| 2019 | $8,392 | $796,200 | $182,200 | $614,000 |
| 2018 | $7,944 | $758,000 | $182,200 | $575,800 |
| 2017 | $7,298 | $689,100 | $182,200 | $506,900 |
| 2016 | $6,892 | $626,500 | $182,200 | $444,300 |
| 2015 | $6,152 | $508,000 | $152,000 | $356,000 |
| 2014 | $5,440 | $432,400 | $152,000 | $280,400 |
Source: Public Records
Agents Affiliated with this Home
-
Meghan Regan
Seller's Agent in 2020
Meghan Regan
Joyce Lebedew Real Estate
(603) 475-9922
3 in this area
4 Total Sales
-
Darcy Bento
Buyer's Agent in 2020
Darcy Bento
Bento Real Estate Group, Inc.
(617) 901-9671
32 in this area
65 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72668291
APN: SBOS-000000-000007-001773
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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