NOT LISTED FOR SALE

Estimated Value: $901,752 - $1,410,000

8 Beds
3 Baths
3,693 Sq Ft
$306/Sq Ft Est. Value

Last Sold July 29, 2024

Last sale price $960,000 $260 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $7,797/month

18 Days on Market

Highlights

  • Granite Flooring
  • 3 Fireplaces
  • 3-minute walk to Brophy Park
  • Waterfront
  • Corner Lot

About This Home

As of July 2024

Welcome to 487 Sumner in East Boston's Jeffrie's Point!! Incredible opportunity for this BIG free standing 3 family development near the waterfront on the corner of Webster St. in Jeffries Point. 10 foot ceilings, great views from the units and roof. This location offers everything. You'll enjoy Piers Park, the Boston skyline, harbor views and the convenience of being close to public transportation, yacht clubs, the ferry, restaurants and Logan Airport. Flooded with light, this property consists of three levels for a total of 3,700 sq. ft on a 1,836 sq. ft. on a corner lot with a separate 20x 20 room, possible ADU? Second floor unit has a private deck. Bonus area in the basement. Located just a few blocks from Maverick Station, local restaurants, Piers Park, and the Ship Yard. Close to Logan Airport and just a few minutes walk to the waterfront. Delivered Vacant. Only showings at the Open House Monday, May 13th from 12:00pm- 1:00pm Offers due by Monday May13th at 5pm

Last Agent to Sell the Property

John O'Toole

Olde Towne Real Estate Co. Listed on: 05/09/2024

Last Buyer's Agent

John O'Toole

Olde Towne Real Estate Co. Listed on: 05/09/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,332

Year Built

  • Built in 1889

Lot Details

  • 1,836 Sq Ft Lot
  • Waterfront
  • Corner Lot

Home Design

  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 3,693 Sq Ft Home
  • 3 Fireplaces
  • Granite Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Community Details

  • 3 Units
  • Property has 1 Level

Listing and Financial Details

  • Assessor Parcel Number W:01 P:04685 S:000,1329480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,332

Year Built

Built in 1889

Lot Details

1,836 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1889
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 3
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 3693
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: BB9212
  • MAIN SO: BB9212

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Granite
  • Home Warranty YN: No
  • Roof: Rubber
  • Waterfront Features: Beach Front, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: W:01 P:04685 S:000,1329480
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.04
  • Lot Size Sq Ft: 1836
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 12332

Multi Family

  • Number Of Units Total: 3
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2007
Sold by
Tranfaglia George and Nagel Ira A
Bought by
Tranfaglia Robert
Current Estimated Value
$1,279,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Outstanding Balance
$190,200
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$940,238
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
Tranfaglia Robert $418,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tranfaglia Robert $310,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/29/2024 07/29/24 Sold $960,000 -26.1% $260 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $1,299,000 -- $352 / 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 $14,565 $1,257,800 $331,400 $926,400
2024 $12,332 $1,131,400 $238,700 $892,700
2023 $12,151 $1,131,400 $238,700 $892,700
2022 $10,993 $1,010,400 $213,200 $797,200
2021 $10,170 $953,100 $201,100 $752,000
2020 $7,996 $757,200 $214,800 $542,400
2019 $7,126 $676,100 $132,900 $543,200
2018 $6,327 $603,700 $132,900 $470,800
2017 $5,708 $539,000 $132,900 $406,100
2016 $5,156 $468,700 $132,900 $335,800
2015 $4,565 $377,000 $112,100 $264,900
2014 $4,124 $327,800 $112,100 $215,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73235872

MLS Property Information Network (MLS PIN)

APN: EBOS-000000-000001-004685

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