NOT LISTED FOR SALE

Estimated Value: $1,223,000 - $1,462,000

8 Beds
3.5 Baths
3,327 Sq Ft
$394/Sq Ft Est. Value

Last Sold February 16, 2018

Last sale price $928,000 $279 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $8,160/month

90 Days on Market

Highlights

  • Waterfront
  • Wood Flooring
  • Porch
  • Property is near public transit
  • 2 Fireplaces
  • 5-minute walk to Ryan Play Area

About This Home

As of February 2018

Fantastic Location! Convenient 2 family home within short walk to JFK UMass Redline T-Station and easy to access to I-93 Expressway. Property has a lot of recent updates includes roof, force air heating systems, windows, and electrical service panels. First floor has updated kitchen and bath, 2 bedrooms, dining room with fireplace, living room, mud room, and gleaming hardwood floor. Second floor has 3 bedrooms, kitchen, and living room. Third floor has a separated entrance and is currently using as a studio. Very clean basement with a half bath and a storage room.

Last Agent to Sell the Property

Johhny Ho

Kava Realty Group, Inc. Listed on: 10/05/2017

Co-Listed By

Johnny Ho

Kava Realty Group, Inc.

Last Buyer's Agent

Richmond Lau

V & E Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,604

Year Built

  • Built in 1920

Lot Details

  • 4,356 Sq Ft Lot
  • Waterfront

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,327 Sq Ft Home
  • 2 Fireplaces
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 2 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • 1 Cooling Zone
  • 2 Heating Zones
  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,687
  • Rent includes unit 2(water)
  • Assessor Parcel Number W:13 P:03114 S:000,1306752

Community Details

Overview

  • 2 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $26,244

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,604

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Buyer Agency: 2.0
  • Buyer Agency Type: %
  • Transaction Broker: 2.0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile,Hardwood
  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen,Mudroom), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bathrooms: 3.5
  • Laundry Features: Laundry Room
  • Basement: Full, Partially Finished
  • Living Area: 3327
  • Stories Total: 6
  • MAIN LO: AC0746
  • LIST PRICE PER Sq Ft: 299.07
  • PRICE PER Sq Ft: 278.93
  • MAIN SO: BB4796

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Bay, Ocean, 1/2 to 1 Mile To Beach
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven
  • Cooling: Unit 1(Central Air)
  • Heating: Unit 1(Central Heat,Forced Air,Gas), Unit 2(Forced Air,Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 1

Condo/Co-op/Association

  • Community Features: Public Transportation, Highway Access, Public School, T-Station, University
  • Rent Includes: Unit 2(Water)

Lot Info

  • Parcel Number: W:13 P:03114 S:000,1306752
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Sq Ft: 4356
  • Lot Size Units: Acres
  • LOT SIZE: 4400
  • PAGE: 311

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5604
  • Tax Book Number: 40709

Multi Family

  • Gross Income: 26244
  • Net Operating Income: 26244
  • Number Of Units Total: 2
  • Total Actual Rent: 3687
  • LEVELS 1: 1
  • COOLING UNITS: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2021
Sold by
Lei Marco J and Wu Lingyi
Bought by
45-47 Newport Street Rt and Lei
Current Estimated Value
$1,312,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,023,750
Outstanding Balance
$941,630
Interest Rate
2.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$316,479

Purchase Details

Listed on
Oct 5, 2017
Closed on
Feb 16, 2018
Sold by
Tran Ryan and Kim-Tran Oanah T
Bought by
Lei Marco J and Wu Lingyi
Seller's Agent
Johhny Ho
Kava Realty Group, Inc.
Buyer's Agent
Richmond Lau
V & E Realty
List Price
$1,099,990
Sold Price
$928,000
Premium/Discount to List
-$171,990
-15.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%
Original Mortgage
$696,000
Interest Rate
3.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 7, 2006
Sold by
Mcintyre Bridget and Drago Deborah A
Bought by
Tran Oanh T and Tran Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2005
Sold by
Mcintyre Bridget and Hurley John T
Bought by
Mcintyre Bridget and Drago Deborah A

Purchase Details

Closed on
Sep 7, 1989
Sold by
Perkins Craig B
Bought by
Hurley John T
Source: Public Records

Range of Values:

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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
45-47 Newport Street Rt -- None Available
45-47 Newport Street Rt -- None Available
Lei Marco J $928,000 --
Tran Oanh T $475,000 --
Tran Oanh T $475,000 --
Mcintyre Bridget -- --
Mcintyre Bridget -- --
Hurley John T $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 45-47 Newport Street Rt $1,023,750
Previous Owner Lei Marco J $696,000
Previous Owner Hurley John T $342,150
Previous Owner Tran Oanh T $356,250
Previous Owner Tran Oanh T $94,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2018 02/16/18 Sold $928,000 -6.7% $279 / Sq Ft
01/02/2018 01/02/18 Pending -- -- --
11/30/2017 11/30/17 Price Changed $995,000 -7.4% $299 / Sq Ft
10/29/2017 10/29/17 Price Changed $1,075,000 -2.3% $323 / Sq Ft
10/04/2017 10/04/17 For Sale $1,099,990 -- $331 / 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 $12,802 $1,105,500 $313,500 $792,000
2024 $11,828 $1,085,100 $220,200 $864,900
2023 $11,654 $1,085,100 $220,200 $864,900
2022 $10,733 $986,500 $200,200 $786,300
2021 $10,526 $986,500 $200,200 $786,300
2020 $9,131 $864,700 $218,400 $646,300
2019 $6,561 $622,500 $146,700 $475,800
2018 $5,823 $555,600 $146,700 $408,900
2017 $5,604 $529,200 $146,700 $382,500
2016 $5,292 $481,100 $146,700 $334,400
2015 $4,931 $407,200 $129,500 $277,700
2014 $4,450 $353,700 $129,500 $224,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72238472

MLS Property Information Network (MLS PIN)

APN: DORC-000000-000013-003114