NOT LISTED FOR SALE

45 Thorndike St Boston, MA 02118

Lower Roxbury Neighborhood

Estimated Value: $820,188 - $1,438,000

8 Beds
3 Baths
2,628 Sq Ft
$396/Sq Ft Est. Value

Sale Details

Date Sold: January 24, 2025

Last sale price $811,400 $309 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,959 / mo

27 Days on Market

About This Home

As of January 2025

A 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

Ricardo Rodriguez

Coldwell Banker Realty - Boston Listed on: 10/24/2024

Coldwell Banker Realty - Boston

Co-Listed By

Richard Hornblower

Coldwell Banker Realty - Boston

Last Buyer's Agent

Jason Mahoney Esq.

Vitruvius Realty

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,849

Year Built

Built in 1900

Lot Details

1,100 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 2628
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN6181
  • MAIN SO: NB3511

Exterior Features

  • Foundation Details: Other
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: W:08 P:01977 S:000,3392281
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.03
  • Lot Size Sq Ft: 1100
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 3848.86

Multi Family

  • Net Operating Income: 19200
  • Number Of Units Total: 3
  • Total Actual Rent: 1600
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2024
Closed on
Jan 24, 2025
Sold by
Bought by
Seller's Agent
Ricardo Rodriguez
Coldwell Banker Realty - Boston
Buyer's Agent
Jason Mahoney Esq.
Vitruvius Realty
List Price
$1,200,000
Sold Price
$811,400
Premium/Discount to List
-$388,600
-32.38%
Views
34
Current Estimated Value
$1,039,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,147
Avg. Annual Appreciation
19.21%
Original Mortgage
$608,550
Outstanding Balance
$600,571
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$438,976

Purchase Details

Closed on
Dec 28, 2010
Sold by
Bought by

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
Interest Rate
4.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2006
Sold by
Bought by

Purchase Details

Closed on
Jan 16, 1992
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$811,400 None Available
$205,000 --
$205,000 --
$245,000 --
$245,000 --
$3,400 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $608,550
Previous Owner $170,560
Previous Owner $27,508
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    Seller's Agent in 2025

    Ricardo Rodriguez

    Coldwell Banker Realty - Boston

    (617) 796-6084

    2 in this area

    350 Total Sales

    Ricardo Rodriguez
    Section Image
  • Richard Hornblower

    Seller Co-Listing Agent in 2025

    Richard Hornblower

    Coldwell Banker Realty - Boston

    (617) 694-0091

    5 in this area

    83 Total Sales

    Richard Hornblower
    Section Image
  • Jason Mahoney Esq.

    Buyer's Agent in 2025

    Jason Mahoney Esq.

    Vitruvius Realty

    (617) 839-2093

    1 in this area

    13 Total Sales

    Jason Mahoney Esq.
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73306187

MLS Property Information Network (MLS PIN)

APN: ROXB-000000-000008-001977

Massachusetts Suffolk County Boston 02118 Lower Roxbury

45 Thorndike St, Boston, MA

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MLS Property Information Network (MLS PIN) 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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