NOT LISTED FOR SALE

Estimated Value: $2,813,000 - $3,744,000

6 Beds
3.5 Baths
4,068 Sq Ft
$775/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $1,950,000 $479 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $19,886/month

26 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Community Pool
  • Property is near public transit
  • Corner Lot
  • Window Unit Cooling System

About This Home

As of September 2021

Excellent opportunity to secure a stately three-family on Monument Square with exquisite light and dramatic views of the Monument. With more than 4000 square feet of living space, this property will appeal to investors seeking a strong rent-roll, those with an eye for condo conversion or an entrepreneurial-minded end-user. This beauty features towering ceilings and historic elements including original moldings and floors, pocket doors and period wainscoting throughout. The first floor apartment features a private entrance, two bedrooms, den, large bathroom and kitchen w/granite countertops & stainless steel appliances. The 2nd floor apartment and 3rd apartment each feature two bedrooms, formal living room and dining room, den, bathroom and kitchen with stainless steel appliances and granite counters. All rooms on the front of the building have direct views of the Monument. The basement contains extra storage, exterior access, laundry and good head height.

Last Agent to Sell the Property

Grace Bloodwell

Coldwell Banker Realty - Boston Listed on: 05/30/2021

Coldwell Banker Realty - Boston

Last Buyer's Agent

Greg McCarthy

Riverfront REALTORS®

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,566

Year Built

  • Built in 1840

Lot Details

  • 1,307 Sq Ft Lot
  • Corner Lot

Interior Spaces

  • 4,068 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Window Unit Cooling System
  • Central Heating
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $8,025
  • Assessor Parcel Number W:02 P:03258 S:000,1282275

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Community Pool
  • Park

Building Details

  • Net Operating Income $99,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,566

Year Built

Built in 1840

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1840
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 2.5
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Tile
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bathrooms: 3.5
  • Basement: Full
  • Living Area: 4068
  • Stories Total: 6
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 516.22
  • PRICE PER Sq Ft: 479.35
  • MAIN SO: NB3861

Exterior Features

  • Foundation Details: Other
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Window Unit(s)
  • Heating: Central
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Park, Medical Facility, Public School, T-Station, University

Lot Info

  • Parcel Number: W:02 P:03258 S:000,1282275
  • Zoning: res
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.03
  • Lot Size Area: 0.03
  • Lot Size Sq Ft: 1306.8
  • Lot Size Units: Acres
  • LOT SIZE: 1500
  • PAGE: 51

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 19566
  • Tax Book Number: 34198

Multi Family

  • Gross Income: 99900
  • Net Operating Income: 99900
  • Number Of Units Total: 3
  • Total Actual Rent: 8025
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2022
Sold by
45 Monument Square Llc
Bought by
Mccarthy Gregory J and Mccarthy Ashley
Total Days on Market
26
Current Estimated Value
$3,154,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 7, 2004
Sold by
Faber Elaine M and Callahan-Lydon Jeanne
Bought by
Conforti John and Cook Alexandra B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Home in the area

  • 39 High St, Boston, MA 02129

    $3,250,000

    • 7 Beds
    • 5.5 Baths
    • 5,200 Sq Ft
    • 39 High St
    • Boston, MA

    Majestic Four-Family brick townhouse just off Monument Square! 5200+ Gross SF! Remarkably & tastefully renovated (2010) & fully sprinklered with a certified rear fire escape. Absolutely nothing needed! Be the fortunate new owner occupant or the very astute investor to acquire this legacy asset! Sweeping entrance foyer with inviting grand staircase, custom-built with raised panel wainscoting!

    Frank Celeste Gibson Sotheby's International Realty

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Range of Values:

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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
Mccarthy Gregory J -- None Available
Mccarthy Gregory J -- None Available
Conforti John $1,200,000 --
Conforti John $1,200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccarthy Gregory J $1,600,000
Closed Mccarthy Gregory J $2,000,000
Previous Owner 45 Monument Sq Llc $200,000
Previous Owner Conforti John $840,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $1,950,000 -7.1% $479 / Sq Ft
06/25/2021 06/25/21 Pending -- -- --
05/30/2021 05/30/21 For Sale $2,100,000 -- $516 / 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 $37,740 $3,259,100 $715,300 $2,543,800
2024 $32,958 $3,023,700 $717,600 $2,306,100
2023 $18,339 $1,707,500 $332,200 $1,375,300
2022 $21,214 $1,949,800 $622,100 $1,327,700
2021 $20,199 $1,893,100 $604,000 $1,289,100
2020 $19,566 $1,852,800 $576,800 $1,276,000
2019 $17,758 $1,684,800 $432,400 $1,252,400
2018 $16,813 $1,604,300 $432,400 $1,171,900
2017 $16,180 $1,527,900 $432,400 $1,095,500
2016 $15,282 $1,389,300 $432,400 $956,900
2015 $13,850 $1,143,700 $386,800 $756,900
2014 $12,942 $1,028,800 $386,800 $642,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72839706

MLS Property Information Network (MLS PIN)

APN: CHAR-000000-000002-003258