NOT LISTED FOR SALE

49 Saint Germain St Boston, MA 02115

Back Bay Neighborhood

Estimated Value: $2,310,000 - $3,423,000

5 Beds
3 Baths
2,184 Sq Ft
$1,364/Sq Ft Est. Value

Last Sold November 21, 2013

Last sale price $1,425,000 $652 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $18,070/month

19 Days on Market

About This Home

As of November 2013

Exceedingly rare Back Bay development opportunity offered fully vacant as a shell, ready for redevelopment. This 1880 brick 3-family is one of only a few still in private hands on one of Boston's prettiest & most charming streets. Excellent opportunity for a 3 or 4 unit high-end condo conversion, a strong rental asset achieving peak market rents in this supply-constrained location, or even a charming single family home. Most of the other buildings on the street have added the 4th unit on the garden level, or the same could be combined with the parlor floor thru creating a large duplex unit. Features include decks on each unit, patio space and bow-front windows. Steps to Newbury St, public transportation, Prudential, Copley Place, the Charles, Longwood Medical & many major universities. A once in a lifetime opportunity on this coveted tree-lined street for developer, investor or end-user alike. Buyer due diligence, sold as is. Offers to be reviewed by seller after 5 PM on Tuesday 10/8.

Last Agent to Sell the Property

Michael Grappo

M. J. Grappo Realty Associates Listed on: 10/03/2013

Last Buyer's Agent

Tracy Campion

Campion & Company Fine Homes Real Estate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,056

Year Built

1880

Lot Details

0

Listing Details

  • Lot Description: Level
  • Other Agent: 1.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1880

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 11
  • Basement: Full

Exterior Features

  • Foundation: Fieldstone

Garage/Parking

  • Parking Spaces: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2013
Closed on
Nov 22, 2013
Sold by
Evelyn A Mcknight Lt
Bought by
James J Debra Inc
Seller's Agent
Michael Grappo
M. J. Grappo Realty Associates
Buyer's Agent
Tracy Campion
Campion & Company Fine Homes Real Estate
List Price
$1,550,000
Sold Price
$1,425,000
Premium/Discount to List
-$125,000
-8.06%
Current Estimated Value
$2,978,989

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,553,989
Avg. Annual Appreciation
6.56%
Original Mortgage
$850,000
Interest Rate
4.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2006
Sold by
Freeman Myrtis A
Bought by
Freeman Ft and Freeman James W

Purchase Details

Closed on
Aug 14, 2006
Sold by
Mcknight Evelyn A
Bought by
Evelyn A Mcknight Lt
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
James J Debra Inc $1,425,000 --
Freeman Ft -- --
Evelyn A Mcknight Lt -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open James J Derba Inc $1,216,000
Closed James J Derba Inc $950,000
Closed James J Debra Inc $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2013 11/21/13 Sold $1,425,000 -8.1% $652 / Sq Ft
10/22/2013 10/22/13 Pending -- -- --
10/03/2013 10/03/13 For Sale $1,550,000 -- $710 / 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 $22,056 $1,904,700 $985,100 $919,600
2024 $18,909 $1,734,800 $814,200 $920,600
2023 $18,632 $1,734,800 $814,200 $920,600
2022 $18,316 $1,683,500 $790,100 $893,400
2021 $17,107 $1,603,300 $752,500 $850,800
2020 $15,959 $1,511,300 $788,300 $723,000
2019 $15,904 $1,508,900 $612,500 $896,400
2018 $14,797 $1,411,900 $612,500 $799,400
2017 $14,234 $1,344,100 $612,500 $731,600
2016 $13,819 $1,256,300 $612,500 $643,800
2015 $9,646 $796,500 $429,900 $366,600
2014 $9,019 $716,900 $429,900 $287,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71592339

MLS Property Information Network (MLS PIN)

APN: CBOS-000000-000004-001220