NOT LISTED FOR SALE

Estimated Value: $505,000 - $583,000

1 Bed
1 Bath
552 Sq Ft
566 Sq Ft Lot

Last Sold August 04, 2018

Last sale price $430,000 $779 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,443/month

9 Days on Market

Highlights

  • Wood Flooring
  • Security Service
  • Electric Baseboard Heater
  • Intercom

About This Home

As of August 2018

This fabulously updated one bedroom, one bath sits on the top floor with natural light pouring into the main living space through the large skylight. The unit also features updates in the kitchen including stainless steel appliances and tiled backsplash, in unit laundry, and hardwood floors. The unit also comes with roof rights which give the new owner the opportunity to add value right away by creating premium outdoor living space where it does not currently exist. Do not miss this opportunity to own this centrally located condominium just two blocks from the beach and 4 blocks from Broadway shopping, eating and public transportation. This unit will not last long in this hot market! Get in while you can!

Last Agent to Sell the Property

Lillian Montalto

Lillian Montalto Signature Properties Listed on: 06/13/2018

Last Buyer's Agent

George Wu

Coldwell Banker Realty - Boston

Coldwell Banker Realty - Boston

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,379

Year Built

  • Built in 1905

Lot Details

  • Year Round Access

Kitchen

  • Range
  • Microwave

Flooring

  • Wood
  • Tile

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • Water Holding Tank

Community Details

Pet Policy

  • Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,379

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Rowhouse
  • Other Agent: 2.00
  • Year Built Description: Actual, Renovated Since
  • List Price Per Sq Ft: 724.46
  • Comp Based On: Net Sale Price
  • Year Built: 1905
  • Lead Paint: Unknown
  • Year Round: Yes
  • Unit Building: 3
  • Unit Level: 3
  • Unit Placement: Top/Penthouse
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1905

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Security System, Intercom
  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 1
  • Master Bedroom: On Level: Third Floor, Flooring - Hardwood
  • Full Bathrooms: 1
  • Bathroom 1: On Level: Third Floor, Flooring - Stone/Ceramic Tile
  • No Rooms: 3
  • Kitchen: On Level: Third Floor, Flooring - Stone/Ceramic Tile, Stainless Steel Appliances, Gas Stove
  • Living Room: On Level: Third Floor, Flooring - Hardwood
  • Other Room 1: Name: Office, On Level: Third Floor, Flooring - Hardwood
  • No Living Levels: 1
  • Main Lo: G62122
  • Main So: BB5474
  • Estimated Sq Ft: 552.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Construction: Frame
  • Roof Material: Rubber
  • Insulation Feature: Unknown

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Window AC
  • Heating: Electric Baseboard
  • Heat Zones: 1
  • Hot Water: Tank
  • Utility Connections: for Gas Range, for Gas Oven, for Gas Dryer, Washer Hookup

Condo/Co-op/Association

  • Fee Interval: Unknown
  • Amenities: Public Transportation, Shopping, Park, Highway Access, Public School
  • HOA Fees: 100.00
  • Association Fee Includes: Water, Sewer, Master Insurance
  • Condo Association: Yes
  • Association Security: Intercom
  • Management: Owner Association

Association/Amenities

  • Condominium Name: 502 East Seventh St Condo

Lot Info

  • Assessments: 325300.00

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Taxes: 870.68
  • Assessor Parcel Number: 1409527

Multi Family

  • No Units: 3
  • No Units Owner Occ: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2018
Closed on
Aug 3, 2018
Sold by
Silva William J and Silva Meghan
Bought by
Arruda-Leuppert Nathaniel
Seller's Agent
Lillian Montalto
Lillian Montalto Signature Properties
Buyer's Agent
George Wu
Coldwell Banker Realty - Boston
List Price
$399,900
Sold Price
$430,000
Premium/Discount to List
$30,100
7.53%
Total Days on Market
9
Current Estimated Value
$536,052

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,052
Avg. Annual Appreciation
3.27%
Original Mortgage
$365,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 5, 2013
Closed on
Jan 7, 2014
Sold by
Doherty Sara E and Doherty Daniel C
Bought by
Silva William J and Silva Meghan
Seller's Agent
Andrew McLaughlin
Richard Lipof
Buyer's Agent
Lillian Montalto
Lillian Montalto Signature Properties
List Price
$284,000
Sold Price
$275,000
Premium/Discount to List
-$9,000
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%
Original Mortgage
$250,000
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2008
Sold by
Fava Anthony
Bought by
Doherty Daniel C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Arruda-Leuppert Nathaniel $430,000 --
Silva William J $275,000 --
Doherty Daniel C $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leuppert Arruda $360,000
Closed Arruda-Leuppert Nathaniel $365,500
Previous Owner Silva William J $248,000
Previous Owner Doherty Daniel C $250,000
Previous Owner Doherty Daniel C $220,749
Previous Owner Doherty Daniel C $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2018 08/04/18 Sold $430,000 +7.5% $779 / Sq Ft
06/22/2018 06/22/18 Pending -- -- --
06/13/2018 06/13/18 For Sale $399,900 +45.4% $724 / Sq Ft
01/07/2014 01/07/14 Sold $275,000 0.0% $498 / Sq Ft
12/09/2013 12/09/13 Pending -- -- --
11/27/2013 11/27/13 Off Market $275,000 -- --
11/04/2013 11/04/13 For Sale $284,000 0.0% $514 / Sq Ft
01/27/2012 01/27/12 Rented $1,625 -14.5% --
12/28/2011 12/28/11 Under Contract -- -- --
12/09/2011 12/09/11 For Rent $1,900 -- --
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 $5,379 $464,500 $0 $464,500
2024 $4,917 $451,100 $0 $451,100
2023 $4,747 $442,000 $0 $442,000
2022 $4,623 $424,900 $0 $424,900
2021 $4,445 $416,600 $0 $416,600
2020 $3,860 $365,500 $0 $365,500
2019 $3,602 $341,700 $0 $341,700
2018 $3,409 $325,300 $0 $325,300
2017 $3,220 $304,100 $0 $304,100
2016 $3,156 $286,900 $0 $286,900
2015 $3,065 $253,100 $0 $253,100
2014 $2,843 $226,000 $0 $226,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72344901

MLS Property Information Network (MLS PIN)

APN: SBOS-000000-000007-001902-000006