Seller's Agent in 2025
Ricardo Rodriguez
Coldwell Banker Realty - Boston
(617) 796-6084
2 in this area
351 Total Sales
45 Thorndike St Boston, MA 02118
Lower Roxbury Neighborhood
8
Beds
3
Baths
2,628
Sq Ft
1,100
Sq Ft Lot
About This Home
As of January 2025A three-unit multifamily home in Roxbury. This property must have all three units rented under the BPDA/BRA Inclusionary Development Policy (IDP). The units cannot be owner-occupied, and renters must be approved through a BPDA lottery conducted after the sale of the building. Unit 1 is a two-bedroom unit that can be rented at 80% AMI, with a current maximum rent of $2,033. Unit 2 is a three-bedroom unit eligible for rental at 60% AMI, with a current maximum rent of $1,678, and is currently rented at $1,600 per month. Unit 3 is a three-bedroom unit that can be rented at 80% AMI, with a current maximum rent of $2,280. The property is listed below market value, and rental restrictions are in effect until July 31, 2038.
Last Agent to Sell the Property
Coldwell Banker Realty - Boston Listed on: 10/24/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,849
Year Built
- Built in 1900
Lot Details
- 1,100 Sq Ft Lot
Home Design
- 2,628 Sq Ft Home
Bedrooms and Bathrooms
- 8 Bedrooms
- 3 Full Bathrooms
Parking
- On-Street Parking
- Open Parking
Listing and Financial Details
- Total Actual Rent $1,600
- Assessor Parcel Number W:08 P:01977 S:000,3392281
Community Details
Overview
- 3 Units
- Property has 1 Level
Building Details
- Net Operating Income $19,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 28, 2010
Sold by
Rosies Place Inc
Bought by
45 Thorndike Rt
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,560
Outstanding Balance
$112,838
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$758,681
Purchase Details
Closed on
Aug 23, 2006
Sold by
Cardinals Rehab Inc
Bought by
Rosies Place Inc
Purchase Details
Closed on
Jan 16, 1992
Sold by
Boston Redev Auth
Bought by
Cardinals Rehab Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $205,000 | -- | |
| Deed | $245,000 | -- | |
| Deed | $3,400 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $170,560 | Purchase Money Mortgage | |
| Previous Owner | $27,508 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/24/2025 01/24/25 | Sold | $811,400 | -14.6% | $309 / Sq Ft |
| 11/20/2024 11/20/24 | Pending | -- | -- | -- |
| 11/12/2024 11/12/24 | Price Changed | $950,000 | -20.8% | $361 / Sq Ft |
| 10/24/2024 10/24/24 | For Sale | $1,200,000 | -- | $457 / 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 | $4,263 | $368,100 | $121,473 | $246,627 |
| 2024 | $3,822 | $350,600 | $94,662 | $255,938 |
| 2023 | $3,586 | $333,900 | $90,153 | $243,747 |
| 2022 | $3,460 | $318,000 | $85,860 | $232,140 |
| 2021 | $3,232 | $302,900 | $0 | $302,900 |
| 2020 | $3,047 | $288,500 | $0 | $288,500 |
| 2019 | $2,896 | $274,800 | $81,900 | $192,900 |
| 2018 | $2,743 | $261,700 | $81,900 | $179,800 |
| 2017 | $2,639 | $249,200 | $81,900 | $167,300 |
| 2016 | $2,610 | $237,300 | $81,900 | $155,400 |
| 2015 | $2,737 | $226,000 | $105,700 | $120,300 |
| 2014 | $2,707 | $215,200 | $105,700 | $109,500 |
Source: Public Records
Agents Affiliated with this Home
-
Ricardo Rodriguez
-
Richard Hornblower
Seller Co-Listing Agent in 2025
Richard Hornblower
Coldwell Banker Realty - Boston
(617) 694-0091
5 in this area
85 Total Sales
-
Jason Mahoney Esq.
Buyer's Agent in 2025
Jason Mahoney Esq.
Vitruvius Realty
(617) 839-2093
1 in this area
18 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73306187
APN: ROXB-000000-000008-001977
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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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