NOT LISTED FOR SALE

5-7 Beachland Ave Revere, MA 02151

West Revere Neighborhood

Estimated Value: $659,379 - $729,000

4 Beds
2 Baths
2,046 Sq Ft
$344/Sq Ft Est. Value

Last Sold February 05, 2018

Last sale price $477,000 $233 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,146/month

36 Days on Market

About This Home

As of February 2018

REVERE BEACH! Situated in one of the HOTTEST areas of Revere, just a few minutes walk to the beach and the Wonderland T station. Plenty of street parking for residents only right in front of house. Each unit has 2 bedrooms, living room, eat in kitchen, full bath, gas heat and separate washer dryers in basement. Unit 1 is rented for $1,390/month through Feb 2018. Unit 2 is rented for $1,350/month to a TAW (tenant at will). New construction is all around Revere Beach right now. Current rents are well below market. This home has updated gas heating and water heaters. Cute little outdoor patio area. Wonderful chance to get a 2 fam under 500k while you still can! Showings on Wednesdays 530-7pm and Saturdays 230-4pm with 24 hour notice.

Last Agent to Sell the Property

Craig Pitzi

Coldwell Banker Realty - Concord Listed on: 09/06/2017

Coldwell Banker Realty - Concord

Last Buyer's Agent

David Ladner

RE/MAX Harmony

RE/MAX Harmony

Property Details

Home Type

Multi-Family

Year Built

1930

Lot Details

0

Listing Details

  • Lot Description: Flood Plain, Level
  • Property Type: Multi-family
  • Lead Paint: Unknown
  • Year Round: Yes
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1930

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 8
  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Electric: Circuit Breakers
  • Basement: Full, Bulkhead, Concrete Floor
  • Full Bathrooms: 2
  • Total Levels: 2
  • Main Lo: K95001
  • Main So: AC2354
  • Estimated Sq Ft: 2046.00

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Foundation: Poured Concrete
  • Beach: Ocean
  • Beach Ownership: Public

Garage/Parking

  • Parking: On Street Permit

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: CB
  • Lot: 6
  • Acre: 0.05
  • Lot Size: 2000.00

Multi Family

  • Heat Units: 2
  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 8
  • Total Rent_1: 2740
  • Multi Family Type: 2 Family - 2 Units Up/Down

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2018
Sold by
Bernard Max and Pierre Beatrice
Bought by
Bernard Max
Current Estimated Value
$704,845

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,750
Outstanding Balance
$407,109
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$297,736

Purchase Details

Listed on
Sep 6, 2017
Closed on
Feb 5, 2018
Sold by
Vo Thao
Bought by
Bernard Max and Pierre Beatrice
Seller's Agent
Craig Pitzi
Coldwell Banker Realty - Concord
Buyer's Agent
David Ladner
RE/MAX Harmony
List Price
$488,000
Sold Price
$477,000
Premium/Discount to List
-$11,000
-2.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.11%
Original Mortgage
$468,360
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 13, 2014
Closed on
Sep 23, 2014
Sold by
Mciver Richard J
Bought by
Vo Thao T
Seller's Agent
Tessa Parziale Rigattieri
Tessa Parziale Real Estate
Buyer's Agent
Bill Rosanio
Elite Realty Experts, LLC
List Price
$324,900
Sold Price
$300,000
Premium/Discount to List
-$24,900
-7.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.75%

Purchase Details

Closed on
Feb 3, 1993
Sold by
Fnma
Bought by
Mciver Richard J

Purchase Details

Closed on
Oct 13, 1992
Sold by
Pineau Joseph W
Bought by
Independence 1 Mtg
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bernard Max -- --
Bernard Max -- --
Bernard Max -- --
Bernard Max $477,000 --
Bernard Max $477,000 --
Bernard Max $477,000 --
Vo Thao T $300,000 --
Vo Thao T $300,000 --
Mciver Richard J $73,000 --
Mciver Richard J $73,000 --
Independence 1 Mtg $126,367 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bernard Max $469,750
Closed Bernard Max $469,750
Previous Owner Bernard Max $468,360
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/05/2018 02/05/18 Sold $477,000 -2.3% $233 / Sq Ft
10/12/2017 10/12/17 Pending -- -- --
09/06/2017 09/06/17 For Sale $488,000 +62.7% $239 / Sq Ft
09/23/2014 09/23/14 Sold $300,000 -7.7% $147 / Sq Ft View Prior Sale
08/24/2014 08/24/14 Pending -- -- --
06/13/2014 06/13/14 For Sale $324,900 -- $159 / 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 $5,385 $593,700 $206,300 $387,400
2024 $5,205 $571,300 $181,300 $390,000
2023 $5,053 $531,300 $157,500 $373,800
2022 $5,043 $484,900 $150,000 $334,900
2021 $4,919 $444,800 $137,500 $307,300
2020 $4,721 $419,300 $125,000 $294,300
2019 $4,490 $370,800 $112,500 $258,300
2018 $4,379 $337,900 $92,500 $245,400
2017 $4,211 $301,000 $80,000 $221,000
2016 $3,438 $237,900 $72,500 $165,400
2015 $3,521 $237,900 $72,500 $165,400
Source: Public Records

Agents Affiliated with this Home

  • Craig Pitzi

    Seller's Agent in 2018

    Craig Pitzi

    Coldwell Banker Realty - Concord

    (617) 818-7260

    41 Total Sales

    Craig Pitzi
    Section Image
  • David Ladner

    Buyer's Agent in 2018

    David Ladner

    RE/MAX

    2 in this area

    334 Total Sales

    David Ladner
    Section Image

  • B

    Buyer's Agent in 2014

    Bill Rosanio

    Elite Realty Experts, LLC

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72224163

MLS Property Information Network (MLS PIN)

APN: REVE-000010-000170-000006

Massachusetts Suffolk County Revere 02151 West Revere

5-7 Beachland Ave, Revere, MA

Not Listed for Sale

MultiFamily

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