NOT LISTED FOR SALE

Estimated Value: $1,025,000 - $1,179,000

6 Beds
3 Baths
3,467 Sq Ft
$317/Sq Ft Est. Value

Sale Details

Date Sold: November 3, 2023

Last sale price $1,025,000 $296 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,639 / mo

21 Days on Market

Highlights

  • Granite Flooring
  • Deck
  • Patio
  • 1.02 Acre Lot
  • Property is near public transit
  • Laundry Room

About This Home

As of November 2023

Price Improvement!! Rare opportunity in Braintree! This three-family house sits on a 1-ACRE LOT and presents a unique real estate opportunity. The well-maintained house boasts three distinct living spaces each with two bedrooms. The front of the house has two units up and down and the back of the house has an additional unit on two floors. Unit 3 has updated kitchen with granite countertops. There is plenty of off street parking and yard space for entertaining. This is a a great investment or owner occupied property close to 93, shopping and public transportation. The property is currently rented well below market rates however all leases are up and can be delivered unoccupied.

Last Agent to Sell the Property

Lisa Stewart

eXp Realty Listed on: 09/05/2023

eXp Realty

Last Buyer's Agent

Vasilis Axios

Real Broker MA, LLC

Real Broker MA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,553

Year Built

  • Built in 1920

Lot Details

  • 1.02 Acre Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 3,467 Sq Ft Home
  • Property has 1 Level
  • Granite Flooring
  • Basement Fills Entire Space Under The House

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • South Middle School
  • Braintree High School

Additional Features

  • Property is near public transit
  • Heating System Uses Oil

Community Details

  • 3 Units
  • Shops
  • Net Operating Income $59,400

Listing and Financial Details

  • Total Actual Rent $4,950
  • Assessor Parcel Number 13487

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,553

Year Built

Built in 1920

Lot Details

1.02 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1920
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Kitchen,Living RM/Dining RM Combo), Unit 3 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Washer, Dryer, Unit 1(Range,Dishwasher,Disposal,Refrigerator,Washer / Dryer Combo,Vent Hood), Unit 2(Range,Dishwasher,Disposal,Refrigerator,Vent Hood), Unit 3(Range,Dishwasher,Disposal,Refrigerator,Vent Hood)
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Laundry Room, Unit 1 Laundry Room
  • Basement: Full
  • Living Area: 3467
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: AC0342
  • MAIN SO: AN4866

Exterior Features

  • Exterior Features: Deck - Wood,Deck - Composite,Patio
  • Construction Materials: Frame
  • Foundation Details: Granite
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood, Deck - Composite, Patio
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Oil, Unit 1(Electric Baseboard), Unit 2(Electric Baseboard), Unit 3(Electric Baseboard)
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Electric

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping
  • Senior Community YN: No

Lot Info

  • Parcel Number: 13487
  • Zoning: RESB
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 1.02
  • Lot Size Sq Ft: 44431.2
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7553

Multi Family

  • Net Operating Income: 59400
  • Number Of Units Total: 3
  • Total Actual Rent: 4950
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 2
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 1

MLS Schools

  • High School: Braintree High
  • Middle Or Junior School: South Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Nov 3, 2023
Sold by
Reynolds Dorothy and Reynolds Thomas
Bought by
Blaise Jean and Blaise Marie E
Seller's Agent
Lisa Stewart
eXp Realty
Buyer's Agent
Vasilis Axios
Real Broker MA, LLC
List Price
$1,150,000
Sold Price
$1,025,000
Premium/Discount to List
-$125,000
-10.87%
Views
32
Current Estimated Value
$1,097,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,495
Avg. Annual Appreciation
2.76%
Original Mortgage
$450,000
Outstanding Balance
$438,785
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$658,710

Purchase Details

Closed on
Feb 25, 2019
Sold by
Reynolds Dorothy
Bought by
Reynolds Thomas and Reynolds Dorothy
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
Blaise Jean $1,025,000 None Available
Reynolds Thomas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blaise Jean $450,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2023 11/03/23 Sold $1,025,000 -10.9% $296 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/19/2023 09/19/23 Price Changed $1,150,000 0.0% $332 / Sq Ft
09/19/2023 09/19/23 For Sale $1,150,000 -17.8% $332 / Sq Ft
09/15/2023 09/15/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $1,399,000 -- $404 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $9,834 $985,400 $374,400 $611,000
2024 $7,837 $826,700 $354,500 $472,200
2023 $7,553 $773,900 $317,000 $456,900
2022 $7,576 $761,400 $304,500 $456,900
2021 $7,002 $703,700 $267,000 $436,700
2020 $6,740 $683,600 $267,000 $416,600
2019 $6,025 $597,100 $254,500 $342,600
2018 $5,881 $558,000 $229,500 $328,500
2017 $5,724 $533,000 $204,500 $328,500
2016 $5,165 $470,400 $192,000 $278,400
2015 $5,124 $462,900 $184,500 $278,400
2014 $4,719 $413,200 $167,000 $246,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73154967

MLS Property Information Network (MLS PIN)

APN: BRAI-001038-000000-000005

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