NOT LISTED FOR SALE

Estimated Value: $1,192,000 - $1,715,000

9 Beds
3 Baths
3,023 Sq Ft
$495/Sq Ft Est. Value

Last Sold June 01, 2022

Last sale price $1,600,000 $529 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $9,324/month

8 Days on Market

Highlights

  • Waterfront
  • Deck
  • Marble Flooring
  • 0.06 Acre Lot
  • Property is near public transit
  • 1-minute walk to Sumner-Lamson Playground

About This Home

As of June 2022

Completely renovated sun filled 3 family, in great area of Jeffries Point, Abuts the Sumner-Lamson playground & a short walk to Boston Harbor Piers Park & Boston Harbor Shipyard Marina, All new granite kitchens and tile/marble baths, all new stainless steel appliances, gleaming hardwood floors throughout. Each apartment has large glass French Doors that open directly out to large private decks overlooking great yard area with patio/ firepit & shed, potential of additional roof deck area on flat roof, a great rental investment with a a cap rate of over 6% (see attached Multi-Family Proforma), or ready to file condo docs and sell out for projected $2,131,000.00 (see attached Condominium Proforma & Architects Drawings/Plans) for a potential gross profit of $446,215.00. ***** A must see !!!*****

Last Agent to Sell the Property

Charles Petitti

Coldwell Banker Realty - Newton Listed on: 04/09/2022

Coldwell Banker Realty - Newton

Last Buyer's Agent

Charles Petitti

Coldwell Banker Realty - Newton Listed on: 04/09/2022

Coldwell Banker Realty - Newton

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,118

Year Built

  • Built in 1905

Lot Details

  • 2,500 Sq Ft Lot
  • Waterfront
  • Fenced

Home Design

  • Brick Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 3,023 Sq Ft Home
  • Insulated Windows
  • Family Room
  • Living Room
  • Dining Room
  • Finished Basement

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property is near public transit

Utilities

  • Forced Air Heating and Cooling System
  • 3 Cooling Zones
  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • 220 Volts
  • 110 Volts
  • 100 Amp Service

Listing and Financial Details

  • Total Actual Rent $10,000
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 1329324

Community Details

Overview

  • 3 Units
  • Property has 2 Levels

Amenities

  • Shops

Recreation

  • Park

Building Details

  • Insurance Expense $2,400
  • Water Sewer Expense $1,800
  • Operating Expense $16,318
  • Net Operating Income $103,682

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,118

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1905
  • Dual Variable: Yes
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood, Tile, Marble
  • Interior Amenities: Living Room, Dining Room, Kitchen, Family Room
  • Fireplace YN: No
  • Appliances: Range, Oven, Dishwasher, Disposal, Refrigerator, Washer, Dryer
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup
  • Basement: Finished
  • Living Area: 3023
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AN6181
  • MAIN SO: AN6181

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Rubber
  • Waterfront Features: Beach Front, Harbor, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • 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, for Electric Range, for Electric Oven, for Gas Dryer, for Electric Dryer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas, Baseboard
  • Cooling Y N: Yes
  • Electric: 110 Volts, 220 Volts, Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 3
  • Hot Water: Electric, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1800

Lot Info

  • Parcel Number: 1329324
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2500
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 12118

Multi Family

  • Insurance Expense: 2400
  • Net Operating Income: 103682
  • Number Of Units Total: 3
  • Operating Expense: 16318
  • Total Actual Rent: 10000
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • COOLING UNITS: 3
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2020
Closed on
Feb 10, 2021
Sold by
Callejas Jose A
Bought by
Kamal Nasim
Seller's Agent
William Figueroa
United Brokers
Buyer's Agent
Jorge Rodriguez
Carlton's Wharf & Co.
List Price
$1,149,000
Sold Price
$1,180,000
Premium/Discount to List
$31,000
2.7%
Current Estimated Value
$1,497,382

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,382
Avg. Annual Appreciation
4.97%
Original Mortgage
$826,000
Outstanding Balance
$744,137
Interest Rate
3.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$753,245

Purchase Details

Closed on
Mar 6, 2013
Sold by
Callejas Jose A and Garcia Cesar A
Bought by
Callejas Jose A

Purchase Details

Closed on
May 8, 2006
Sold by
Callejas Jose A
Bought by
Garcia Cesar A and Callejas Jose A

Purchase Details

Closed on
Apr 21, 2005
Sold by
Sumner St Rt
Bought by
Callejas Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Kamal Nasim $1,180,000 None Available
Callejas Jose A -- --
Garcia Cesar A -- --
Callejas Jose A $540,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kamal Nasim $826,000
Previous Owner Callejas Jose A $432,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2022 06/01/22 Sold $1,600,000 -5.0% $529 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $1,685,000 +42.8% $557 / Sq Ft
02/10/2021 02/10/21 Sold $1,180,000 +2.7% $358 / Sq Ft View Prior Sale
12/05/2020 12/05/20 Pending -- -- --
11/30/2020 11/30/20 For Sale $1,149,000 -- $348 / 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 $18,022 $1,556,300 $436,600 $1,119,700
2024 $15,284 $1,402,200 $333,200 $1,069,000
2023 $13,628 $1,268,900 $333,200 $935,700
2022 $12,009 $1,103,800 $297,500 $806,300
2021 $11,112 $1,041,400 $280,700 $760,700
2020 $9,924 $939,800 $267,100 $672,700
2019 $8,751 $830,300 $172,900 $657,400
2018 $7,757 $740,200 $170,100 $570,100
2017 $6,981 $659,200 $170,100 $489,100
2016 $6,304 $573,100 $170,100 $403,000
2015 $5,901 $487,300 $133,500 $353,800
2014 $4,712 $374,600 $128,700 $245,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72965005

MLS Property Information Network (MLS PIN)

APN: EBOS-000000-000001-005119