5 Falcon St Boston, MA 02128
Eagle Hill Neighborhood
7
Beds
3
Baths
3,537
Sq Ft
3,056
Sq Ft Lot
Highlights
- Living Room
- Level Lot
- 1-minute walk to Condor Street Overlook
About This Home
As of February 2025Welcome to 5 Falcon St! Huge two family home with a spacious first floor 2 bed/1 bath unit, and a massive duplex 2nd/3rd floor 5 bed/2 bath with an office and private deck. Unit 1 is vacant, and Unit 2 is TAW and paying well under market rent at $2,950/month. Tons of potential for renovation and/or redevelopment, check out this property's zoning for a potential increase in unit count! Freestanding laundry room on first floor sets up perfectly for coin-op laundry to increase income, or use basement laundry hookup to allow each unit to have private laundry. Spacious backyard with direct entry into unit 1. See floor plan and matterport tour in attachments. One block from Meridian St @ Falcon St bus stop.
Last Agent to Sell the Property
Prospect Boston Team
Efron Property Group, LLC Listed on: 11/06/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,966
Year Built
- Built in 1900
Lot Details
- 3,056 Sq Ft Lot
- Level Lot
- Irregular Lot
Interior Spaces
- 3,537 Sq Ft Home
- Property has 1 Level
- Living Room
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Full Bathrooms
Community Details
- 2 Units
- Net Operating Income $55,800
Listing and Financial Details
- Total Actual Rent $4,650
- Assessor Parcel Number W:01 P:03598 S:000,1330410
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 17, 2024
Sold by
5 Falcon Llc and Us Bank Na Tr
Bought by
1S Reo Opportunity 1 Llc
Current Estimated Value
Purchase Details
Closed on
Aug 28, 2019
Sold by
Lopez Mirian
Bought by
5 Falcon Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
3.7%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Purchase Details
Closed on
Sep 26, 2018
Sold by
Olmsted Green Condo 2
Bought by
Yu Benjamin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 17, 2018
Sold by
Lopez Manuel and Lopez Mirian
Bought by
Lopez Mirian
Purchase Details
Closed on
Jul 16, 2018
Sold by
Lopez Manuel and Lopez Mirian
Bought by
Lopez Mirian
Purchase Details
Closed on
May 22, 2007
Sold by
Restrepo Maria and Medina Oscar O
Bought by
Lopez Manuel and Lopez Mirian
Purchase Details
Closed on
May 25, 2004
Sold by
Nguyen Long V
Bought by
Medina Oscar O and Restrepo Maria
Purchase Details
Closed on
Jun 26, 1997
Sold by
Zarrelli Angelina
Bought by
Nguyen Long V
Purchase Details
Closed on
Jul 11, 1996
Sold by
Zarrelli Steven R
Bought by
Zarrelli Angelina
Similar Homes in the area
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Foreclosure Deed | $900,000 | None Available | |
| Foreclosure Deed | $900,000 | None Available | |
| Foreclosure Deed | $900,000 | None Available | |
| Not Resolvable | $1,000,000 | -- | |
| Deed | $210,000 | -- | |
| Deed | $210,000 | -- | |
| Deed | $210,000 | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Deed | $475,000 | -- | |
| Deed | $475,000 | -- | |
| Deed | $436,000 | -- | |
| Deed | $436,000 | -- | |
| Deed | $60,000 | -- | |
| Deed | $60,000 | -- | |
| Deed | $120,000 | -- | |
| Deed | $120,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,011,750 | Purchase Money Mortgage | |
| Closed | $1,011,750 | Purchase Money Mortgage | |
| Previous Owner | $236,668 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $900,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $765,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $1,760,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $715,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $75,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $150,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $340,000 | Second Mortgage Made To Cover Down Payment | |
| Previous Owner | $85,500 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $672,000 | New Conventional | |
| Previous Owner | $168,000 | New Conventional | |
| Previous Owner | $6,300 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/06/2025 02/06/25 | Sold | $1,065,000 | +6.5% | $301 / Sq Ft |
| 11/26/2024 11/26/24 | Pending | -- | -- | -- |
| 11/06/2024 11/06/24 | For Sale | $999,999 | -- | $283 / 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 | $11,756 | $1,015,200 | $332,500 | $682,700 |
| 2024 | $9,966 | $914,300 | $263,100 | $651,200 |
| 2023 | $9,629 | $896,600 | $258,000 | $638,600 |
| 2022 | $9,115 | $837,800 | $241,100 | $596,700 |
| 2021 | $8,595 | $805,500 | $231,800 | $573,700 |
| 2020 | $7,179 | $679,800 | $227,700 | $452,100 |
| 2019 | $6,513 | $617,900 | $156,900 | $461,000 |
| 2018 | $5,782 | $551,700 | $156,900 | $394,800 |
| 2017 | $5,216 | $492,500 | $156,900 | $335,600 |
| 2016 | $5,128 | $466,200 | $156,900 | $309,300 |
| 2015 | $5,204 | $429,700 | $121,200 | $308,500 |
| 2014 | $4,709 | $374,300 | $121,200 | $253,100 |
Source: Public Records
Agents Affiliated with this Home
-
P
Seller's Agent in 2025
Prospect Boston Team
Efron Property Group, LLC
-
David Fasano
D
Buyer's Agent in 2025
David Fasano
Streamline Realty, LLC
(508) 360-8213
1 in this area
40 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73308151
APN: EBOS-000000-000001-003598
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