NOT LISTED FOR SALE

Estimated Value: $1,784,000 - $1,964,000

5 Beds
3 Baths
2,796 Sq Ft
$671/Sq Ft Est. Value

Last Sold May 08, 2018

Last sale price $1,195,000 $427 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $12,094/month

2 Days on Market

About This Home

As of May 2018

West Side 3 Family, one of the few left! Situated in the hottest area of South Boston. This Flood Square, Italianate Victorian is ideally located on a quiet side street. The burgeoning restaurant scene of Dorchester St. and Broadway is around the corner, and provides easy access to on street parking. Downtown Boston is a quick T stop away. Walk or ride your bike. Only blocks from 2 T stops, and yards from Bus Line. Simple access to Rt 93 and points beyond. Grand entrance hall and impressive spiral staircase provide access to 3 units and full unfinished basement. 4 electric panels (common and 3 units), windows, first floor furnace, 2nd and 3rd floor electric heat, and cement/fiber siding are done. Update units to create great income, renovate top two floors as owners duplex with rental unit, or condo, and take advantage of sizzling hot RE market of Southie. Units are leased through 8/31/18. 24 hour notice is required for showing. Sold as is. Inspection for informational purposes only.

Last Listed By

Paul Carroll

The Galvin Group, LLC Listed on: 04/05/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,107

Year Built

  • Built in 1890

Lot Details

  • 1,742

Additional Features

  • Wood Flooring
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,107

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 424.54
  • Comp Based On: Net Sale Price
  • Year Built: 1890
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1890

Interior Features

  • Fireplaces: 4
  • Flooring: Wood
  • Total Flrs: 6
  • Total Frplcs: 4
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 14
  • Basement: Y
  • Basement Features: Full, Unfinished Basement
  • Main Lo: AC0769
  • Main So: NB1092
  • Estimated Sq Ft: 2796.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Fiber Cement Siding
  • Foundation: Granite

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Heat Zones: 3
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, for Gas Dryer

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University

Lot Info

  • Assessments: 927800.00
  • Lot: 000
  • Acre: 0.04
  • Lot Size: 1672.00
  • Page: 227
  • Zoning: xx

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 5250
  • Total Rms: 14
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 9723.34
  • Assessor Parcel Number: 1412447

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2018
Sold by
438 West 4Th Llc
Bought by
J Derenzo Properties L
Total Days on Market
2
Current Estimated Value
$1,876,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$931,000
Outstanding Balance
$818,516
Interest Rate
4.5%
Mortgage Type
Unknown
Estimated Equity
$1,030,580

Purchase Details

Listed on
Apr 5, 2018
Closed on
May 8, 2018
Sold by
Thompson Christopher J
Bought by
438 West 4Th Llc
Seller's Agent
Paul Carroll
The Galvin Group, LLC
Buyer's Agent
Foley/Federico Team
Greater Metropolitan R. E.
List Price
$1,187,000
Sold Price
$1,195,000
Premium/Discount to List
$8,000
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%

Purchase Details

Closed on
Sep 21, 1999
Sold by
Demas Richard M
Bought by
Thompson Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 1997
Sold by
Donoian Joan L
Bought by
Demas Richard M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
7.78%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
J Derenzo Properties L $1,330,000 --
438 West 4Th Llc $1,195,000 --
Thompson Christopher J $230,000 --
Demas Richard M $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J Derenzo Properties L $931,000
Previous Owner Thompson Christopher J $260,000
Previous Owner Demas Richard M $210,000
Previous Owner Demas Richard M $213,000
Previous Owner Demas Richard M $184,000
Previous Owner Demas Richard M $115,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2018 05/08/18 Sold $1,195,000 +0.7% $427 / Sq Ft
04/07/2018 04/07/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $1,187,000 -- $425 / 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 $19,107 $1,650,000 $440,900 $1,209,100
2024 $17,577 $1,612,600 $295,700 $1,316,900
2023 $16,655 $1,550,700 $284,400 $1,266,300
2022 $15,063 $1,384,500 $253,900 $1,130,600
2021 $14,069 $1,318,600 $241,800 $1,076,800
2020 $11,534 $1,092,200 $259,800 $832,400
2019 $10,467 $993,100 $182,700 $810,400
2018 $9,723 $927,800 $182,700 $745,100
2017 $9,354 $883,300 $182,700 $700,600
2016 $8,449 $768,100 $182,700 $585,400
2015 $6,980 $576,400 $147,000 $429,400
2014 $6,303 $501,000 $147,000 $354,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72303586

MLS Property Information Network (MLS PIN)

APN: SBOS-000000-000006-001934