Seller's Agent in 2024
Michael Sellers
Odessit Capital
(617) 277-4000
2 in this area
7 Total Sales
492 Sumner St Boston, MA 02128
Jeffries Point Neighborhood
13
Beds
8
Baths
4,033
Sq Ft
2,633
Sq Ft Lot
Highlights
- 0.06 Acre Lot
- Wood Flooring
- Gentle Sloping Lot
- Deck
- Fenced
- 2-minute walk to Sumner-Lamson Playground
About This Home
As of October 2024INVESTORS TAKE NOTE!! Welcome to 492 Sumner Street, a recently renovated four-family in the desirable Jeffries Point neighborhood. The property underwent a comprehensive construction program including new mechanical systems with central heat/AC, in-unit laundry, hardwood floors, shaker style white cabinets, quartz countertops, as well as stainless steel appliances. Additional unit features include sub-metered utilities and rear balconies with backyard access. The building is also sprinklered to meet life safety codes. The expansive unit mix consists of one (1) 2-bed/2-bath, one (1) 3-bed/2-bath, and two (2) 4-bed/2-bath units, which is ideal for maximizing bedroom count and cash-flow. The best of Jeffries Point is at your fingertips with close proximity to Piers Park, public transit, and the marina, as well as great neighborhood bars/restaurants. This property presents a unique opportunity for an investor to supplement their portfolio as interest rates continue to trend downwards.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,263
Year Built
- Built in 2019
Lot Details
- 2,633 Sq Ft Lot
- Fenced
- Gentle Sloping Lot
Home Design
- Quadruplex
- Stone Foundation
Interior Spaces
- 4,033 Sq Ft Home
- Wood Flooring
Bedrooms and Bathrooms
- 13 Bedrooms
- 8 Full Bathrooms
Finished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Outdoor Features
- Deck
- Rain Gutters
Utilities
- Separate Meters
Listing and Financial Details
- Total Actual Rent $14,525
- Assessor Parcel Number 1329313
Community Details
Overview
- 4 Units
- Property has 1 Level
Building Details
- Operating Expense $32,601
- Net Operating Income $141,698
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/28/2024 10/28/24 | Sold | $2,090,000 | -12.9% | $518 / Sq Ft | |
| 10/01/2024 10/01/24 | Pending | -- | -- | -- | |
| 09/05/2024 09/05/24 | For Sale | $2,399,000 | +160.5% | $595 / Sq Ft | |
| 10/01/2019 10/01/19 | Sold | $921,000 | -3.1% | $286 / Sq Ft | View Prior Sale |
| 07/25/2019 07/25/19 | Pending | -- | -- | -- | |
| 07/23/2019 07/23/19 | For Sale | $950,000 | -- | $295 / 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 | $18,528 | $1,600,000 | $149,400 | $1,450,600 |
| 2024 | $14,133 | $1,296,600 | $263,800 | $1,032,800 |
| 2023 | $13,274 | $1,235,900 | $263,800 | $972,100 |
| 2022 | $12,007 | $1,103,600 | $235,500 | $868,100 |
| 2021 | $9,392 | $880,200 | $222,200 | $658,000 |
| 2020 | $7,963 | $754,100 | $235,300 | $518,800 |
| 2019 | $7,098 | $673,400 | $145,600 | $527,800 |
| 2018 | $6,298 | $601,000 | $145,600 | $455,400 |
| 2017 | $5,684 | $536,700 | $145,600 | $391,100 |
| 2016 | $5,134 | $466,700 | $145,600 | $321,100 |
| 2015 | $4,790 | $395,500 | $130,600 | $264,900 |
| 2014 | $4,326 | $343,900 | $130,600 | $213,300 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Sellers
-
Anthony Fava
A
Buyer's Agent in 2024
Anthony Fava
Sun Property Group
1 in this area
3 Total Sales
-
Lisa Leonard
Seller's Agent in 2019
Lisa Leonard
Century 21 Mario Real Estate
(617) 620-3178
16 Total Sales
-
Ed Deveau
Buyer's Agent in 2019
Ed Deveau
Century 21 Mario Real Estate
(617) 828-0048
9 in this area
79 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73286026
APN: EBOS W:01 P:05108 S:000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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