NOT LISTED FOR SALE

498 E Broadway Boston, MA 02127

South Boston Neighborhood

Estimated Value: $2,311,000 - $2,967,000

9 Beds
7 Baths
4,224 Sq Ft
$597/Sq Ft Est. Value

Last Sold April 25, 2024

Last sale price $2,400,000 $568 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $15,927/month

5 Days on Market

Highlights

  • Marina
  • Property is near public transit
  • Park
  • Medical Services
  • Jogging Path
  • Shops

About This Home

As of April 2024

Ideally located where East Broadway meets West Broadway, this condo-quality, three-family consists of nine massive bedrooms and 7 full bathrooms. Each unit is fully equipped with hardwood floors, marble bathrooms, mini-split air condition systems in each bedroom, in-unit laundry, high ceilings, stainless steel appliances and custom cabinets. Each unit is expansive with an open layout, totaling over 4,224 square feet. Apartment One is a duplex apartment, and Apartment Two and Three each span one floor. The location of this building is unbeatable, with the MBTA 9 and 10 bus just feet away, and the MBTA Redline Broadway Train stop a twelve-minute walk away. This building benefits from being situated in one of Boston’s fastest growing and diverse submarkets.

Last Agent to Sell the Property

Tana Bramley

Boston Realty Advisors Listed on: 03/21/2024

Last Buyer's Agent

J.T. Kelly

Keller Williams Realty

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,190

Year Built

  • Built in 1890

Lot Details

  • 1,741 Sq Ft Lot
  • Near Conservation Area

Home Design

  • 4,224 Sq Ft Home
  • Frame Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $14,550
  • Assessor Parcel Number W:06 P:02950 S:000,1412202

Community Details

Overview

  • 3 Units
  • Property has 2 Levels

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $174,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,190

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1890
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 9
  • Full Bathrooms: 7
  • Total Bathrooms: 7
  • Total Bathrooms: 7
  • Living Area: 4224
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN8461
  • LIST PRICE PER Sq Ft: 591.86
  • PRICE PER Sq Ft: 568.18
  • MAIN SO: BB5522

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Other
  • Home Warranty YN: No
  • Waterfront Features: Beach Front, 1/10 to 3/10 To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: W:06 P:02950 S:000,1412202
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Size Sq Ft: 1741
  • Lot Size Units: Acres
  • PAGE: 264
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 24190
  • Tax Book Number: 49850

Multi Family

  • Gross Income: 174600
  • Net Operating Income: 174600
  • Number Of Units Total: 3
  • Total Actual Rent: 14550
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2012
Sold by
Fortune Rt
Bought by
498 E Broadway Llc
Current Estimated Value
$2,519,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$618,750
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
498 E Broadway Llc $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Athens Llc 288 $1,000,000
Closed 498 E Broadway Llc $618,750
Previous Owner Eisenhauer Lawrence $370,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2024 04/25/24 Sold $2,400,000 -4.0% $568 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $2,500,000 -- $592 / 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 $26,691 $2,304,900 $462,400 $1,842,500
2024 $24,190 $2,219,300 $335,300 $1,884,000
2023 $22,920 $2,134,100 $322,500 $1,811,600
2022 $20,731 $1,905,400 $287,900 $1,617,500
2021 $19,363 $1,814,700 $274,200 $1,540,500
2020 $17,816 $1,687,100 $299,500 $1,387,600
2019 $16,168 $1,534,000 $210,600 $1,323,400
2018 $15,020 $1,433,200 $210,600 $1,222,600
2017 $14,449 $1,364,400 $210,600 $1,153,800
2016 $13,055 $1,186,800 $210,600 $976,200
2015 $11,660 $962,800 $158,000 $804,800
2014 $10,502 $834,800 $158,000 $676,800
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2024

    Tana Bramley

    Boston Realty Advisors

    (617) 375-7900

    3 in this area

    3 Total Sales

    Tana Bramley
    Section Image
  • J.T. Kelly

    Buyer's Agent in 2024

    J.T. Kelly

    Keller Williams Realty

    (617) 777-0248

    10 in this area

    64 Total Sales

    J.T. Kelly
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73215111

MLS Property Information Network (MLS PIN)

APN: SBOS-000000-000006-002950

Massachusetts Suffolk County Boston 02127 South Boston

498 E Broadway, Boston, MA

This home is located at 498 E Broadway, Boston, MA 02127 since 21 March 2024 and is currently estimated at $2,519,857, approximately $596 per square foot. This property was built in 1890. 498 E Broadway is a home located in Suffolk County with nearby schools including Up Academy Charter School Of Boston, Gate of Heaven Elementary School, and St Peter Academy.

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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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