5 Elmwood St Revere, MA 02151
West Revere NeighborhoodEstimated Value: $926,000 - $1,176,292
5
Beds
3
Baths
2,704
Sq Ft
$393/Sq Ft
Est. Value
About This Home
As of March 2021ALL BUYERS AND AGENTS MUST WEAR MASKS. ATTENTION ALL CONTRACTORS, DEVELOPERS AND INVESTORS ONLY: Here's your spring project. Corner lot three family on bus route with off street parking. This property is in need of complete renovation throughout. Will not qualify for conventional financing. Cash buyer preferred. Triple decker with so much potential. Property to be delivered vacant. See attached photos. This property is being sold as is. The seller makes no representations regarding the conditions of the property. Recent document from building department stating the property is a Legal Three Family. However due to age and condition there is no current certificate of occupancy. Renovated units with off street parking should generate $6,600 per month rent roll. House is currently occupied.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,654
Year Built
- Built in 1910
Lot Details
- 4,792
Flooring
- Wood
- Tile
- Vinyl
Additional Features
- Basement
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 19, 2021
Sold by
Tempo Lj Corp
Bought by
Velasquez Daniela
Total Days on Market
61
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$981,887
Outstanding Balance
$904,317
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$148,804
Purchase Details
Listed on
May 13, 2020
Closed on
Mar 12, 2021
Sold by
Cantalupo Keith
Bought by
Tempo Lj Corp
Seller's Agent
Dominic Monzione
EWK Realty
Buyer's Agent
Javier Bedoya
Century 21 Mario Real Estate
List Price
$599,900
Sold Price
$530,000
Premium/Discount to List
-$69,900
-11.65%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.53%
Original Mortgage
$570,500
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 1, 1997
Sold by
Est Abbruzzes Maria C and Cantalupo Marie A
Bought by
Cantalupo Marie A
Similar Homes in Revere, MA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Velasquez Daniela | $1,000,000 | None Available | |
| Tempo Lj Corp | $530,000 | None Available | |
| Cantalupo Marie A | $45,000 | -- | |
| Cantalupo Marie A | $45,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Velasquez Daniela | $981,887 | |
| Closed | Velasquez Daniela | $981,887 | |
| Previous Owner | Tempo L J Corp | $150,000 | |
| Previous Owner | Tempo Lj Corp | $570,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/15/2021 03/15/21 | Sold | $530,000 | -11.7% | $196 / Sq Ft |
| 07/13/2020 07/13/20 | Pending | -- | -- | -- |
| 07/13/2020 07/13/20 | For Sale | $599,900 | 0.0% | $222 / Sq Ft |
| 05/29/2020 05/29/20 | Pending | -- | -- | -- |
| 05/13/2020 05/13/20 | For Sale | $599,900 | -- | $222 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $8,654 | $954,100 | $236,900 | $717,200 |
| 2024 | $8,260 | $906,700 | $215,400 | $691,300 |
| 2023 | $8,363 | $879,400 | $188,100 | $691,300 |
| 2022 | $8,282 | $796,300 | $179,500 | $616,800 |
| 2021 | $5,349 | $483,600 | $165,100 | $318,500 |
| 2020 | $4,356 | $386,900 | $157,900 | $229,000 |
| 2019 | $3,996 | $330,000 | $143,600 | $186,400 |
| 2018 | $4,044 | $312,000 | $142,100 | $169,900 |
| 2017 | $3,781 | $270,300 | $109,100 | $161,200 |
| 2016 | $3,128 | $216,500 | $94,800 | $121,700 |
| 2015 | $3,204 | $216,500 | $94,800 | $121,700 |
Source: Public Records
Agents Affiliated with this Home
-
Dominic Monzione
Seller's Agent in 2021
Dominic Monzione
EWK Realty
(781) 820-3184
1 in this area
13 Total Sales
-
Javier Bedoya
Buyer's Agent in 2021
Javier Bedoya
Century 21 Mario Real Estate
(617) 610-4428
30 in this area
118 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72656372
APN: REVE-000018-000322-000003
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.
Nearby Homes
- 16 Thorndike St
- 16 Hawes St
- 99 Temple St
- 57 Roosevelt St
- 6 Stowers St
- 30A Floyd St
- 500 Revere St
- 53 Calumet St
- 60 Stowers St
- 1133 N Shore Rd Unit 404
- 35 Neponset St
- 82 Tuttle St
- 1235 N Shore Rd Unit 1B
- 22 Lawrence Rd
- 71 Ambrose St
- 39 Ambrose St
- 73 Gage Ave
- 45 McCoba St Unit 69
- 45 Dawes St
- 350 Revere Beach Blvd Unit 4P
- 5 Elmwood St
- 5 Elmwood St Unit 2
- 10B Elmwood St Unit B
- 10a Elmwood St Unit A
- 10 Elmwood St Unit B
- 10 Elmwood St Unit A
- 15 Elmwood St
- 12 Elmwood St Unit B
- 12 Elmwood St Unit A
- 331 Revere St
- 331 Revere St Unit 1
- 331 Revere St Unit 2
- 331 Revere St Unit 3
- 348 Revere St
- 19 Elmwood St
- 329 Revere St
- 329 Revere St
- 329 Revere St Unit 2
- 12 Thorndike St
- 12 Thorndike St Unit 1