$3,600,000
PENDING $399K PRICE DROP

500 Revere St Revere, MA 02151

West Revere Neighborhood

Estimated payment $20,990/month

Total Views 19,206
0.47 Acre
$7,659,574 Price per Acre
20,473 Sq Ft Lot

Highlights

  • Waterfront
  • Property is near public transit
  • 5-minute walk to Revere Beach Reservation
  • 0.47 Acre Lot
  • No HOA

About This Lot

New Opportunity is knocking - 10,700 sf Church on 20,325 corner lot on road to Revere Beach and near MBTA Wonderland T Station- blue line. Great reuse for Church, Community Center and an advantageous opportunity for re-development to housing. Potential nice development housing GB Zoning allows for various uses - all questions to the building dept. It is ideal for investors looking to add income property (units) to their portfolio and be a part of Revere's "booming economy." 5 min walk to America's first public beach-Revere Beach. This is an excellent opportunity for builders/developers to convert to multi-level mid-rise housing. Buyers to do due diligence.

Listing Agent

Aydin Kayabay

Realty ONE Group Cosmopolitan Listed on: 09/12/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,751

Lot Details

  • 0.47 Acre Lot
  • Waterfront
  • Property fronts an easement
  • Property is zoned GB

Location

  • Flood Zone Lot
  • Property is near public transit

Utilities

  • Electricity To Lot Line

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number M:10 B:185C L:8A,4402689

Property Details

Property Type

Land

Est. Annual Taxes

$23,751

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Commercial
  • Special Features: None

Interior Features

  • MAIN LO: AN6811

Exterior Features

  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront Features: 0 to 1/10 Mile To Beach
  • Waterfront YN: No
  • Waterview Flag: No

Utilities

  • Sewer: Public Sewer
  • Gas: On-Site
  • Electric: On-Site
  • Electricity On Property: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association YN: No
  • Community Features: Public Transportation
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:10 B:185C L:8A,4402689
  • Zoning: GB
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements, Flood Plain
  • Lot Size Acres: 0.47
  • Lot Size Area: 0.47
  • Lot Size Sq Ft: 20473
  • Lot Size Units: Acres
  • PAGE: 237

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 23751.22
  • Tax Book Number: 33153

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 -- $2,517,300 $675,600 $1,841,700
2024 -- $2,632,200 $614,200 $2,018,000
2023 $0 $2,497,500 $532,300 $1,965,200
2022 $0 $2,309,600 $477,700 $1,831,900
2021 $0 $1,833,100 $436,800 $1,396,300
2020 $0 $1,833,100 $436,800 $1,396,300
2019 $0 $1,761,400 $409,500 $1,351,900
2018 $0 $1,693,100 $341,200 $1,351,900
2017 $0 $1,693,500 $313,900 $1,379,600
2016 -- $1,693,500 $313,900 $1,379,600
2015 -- $1,693,500 $313,900 $1,379,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 Pending -- -- --
05/03/2025 05/03/25 Price Changed $3,600,000 -10.0% --
09/12/2024 09/12/24 For Sale $3,999,000 -- --
Source: MLS Property Information Network (MLS PIN)

Purchase History

Date Type Sale Price Title Company
Deed $725,000 --
Deed $725,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 Commercial
Closed $525,000 Commercial
Source: Public Records

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73289323

MLS Property Information Network (MLS PIN)

APN: REVE-000010-000185C-000008A

Massachusetts Suffolk County Revere 02151 West Revere

500 Revere St, Revere, MA

This home is located at 500 Revere St, Revere, MA 02151 and is currently priced at $3,600,000. 500 Revere St is a home located in Suffolk County with nearby schools including Paul Revere Innovation School, Staff Sargent James J. Hill Elementary School, and Rumney Marsh Academy.

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.

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.

Nearby Homes
Aydin Kayabay
Listing Agent
Aydin Kayabay
Section Image
Realty ONE Group Cosmopolitan
(339) 345-2896