NOT LISTED FOR SALE

Estimated Value: $1,161,656 - $1,267,000

12 Beds
3 Baths
4,392 Sq Ft
$276/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $1,000,008 $228 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $7,704/month

9 Days on Market

About This Home

As of December 2021

Three-family investment opportunity in the burgeoning Dorchester neighborhood of Massachusetts. The property features an approximately six-thousand square foot building with a stucco façade, on an 0.08 acre lot. The building consists of three four-bedroom, one-bathroom apartments on three stories. There is abundant space for storage in the large basement. Located within the Dorchester Center neighborhood, 513 Boston St is a short walk to the Shawmut Ave MBTA (Red Line), and directly across the street from Dorchester District Court. Centrally located within the city, and commuter friendly, it is easy to get to many of Boston’s main business centers including South Station, from the Red Line or the Commuter Rail (Fairmont Line)Other area amenities include Codman Square, Ashmont Station, Franklin Park, Shattuck Hospital, and the recently improved Harambee Park. Please give 48 Hours notice. Offers if any, due Sunday, October 10th, 2021.

Last Agent to Sell the Property

Kendin Carr

Kendin Carr Listed on: 10/01/2021

Last Buyer's Agent

Mike Huang

Lewis & Joyce Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,941

Year Built

  • 1905

Lot Details

  • 3,485

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,941

Year Built

1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • Directions: Melville Ave to Washington St
  • Garage Yn: No
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1905

Interior Features

  • Appliances: Gas Water Heater
  • Has Basement: Full
  • Total Bathrooms: 3
  • MAIN LO: AN5547
  • LIST PRICE PER Sq Ft: 227.69
  • PRICE PER Sq Ft: 227.69
  • MAIN SO: AN1181
  • Full Bathrooms: 3
  • Total Bedrooms: 12
  • Fireplace: No
  • Stories: 6

Exterior Features

  • Foundation Details: Other
  • Disclosures: Currently Master Leased Through 11/20/2022 For $6, 000/Month. Tenant Responsible For For All Utilities And Interior Maintenance Including, Water & Sewer, Gas, And Electricity, Etc.
  • Lot Features: Other
  • Waterfront: No

Garage/Parking

  • Parking Features: On Street
  • Open Parking: Yes

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, T-Station

Lot Info

  • LOT SIZE: 3600
  • PAGE: 349
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 3484.8
  • Zoning: R3

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2
  • Annual Gross Income: 72000
  • Property Net Operating Income: 63626
  • Number Of Units Total: 3
  • Annual Operating Expense: 8374
  • Total Actual Rent: 6000

Tax Info

  • Tax Annual Amount: 8301
  • Tax Book Number: 48823
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2022
Sold by
Tan Jinlong and Kuang Manxiong
Bought by
Tan Jinlong
Current Estimated Value
$1,210,164

Purchase Details

Listed on
Oct 1, 2021
Closed on
Nov 30, 2021
Sold by
Tanta Rt
Bought by
Tan Jinlong and Kuang Manxiong
Seller's Agent
Kendin Carr
Kendin Carr
Buyer's Agent
Mike Huang
Lewis & Joyce Real Estate
List Price
$1,000,008
Sold Price
$1,000,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Original Mortgage
$750,000
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 30, 2011
Closed on
Dec 19, 2011
Sold by
Kondaur Capital Corp
Bought by
Tanta Rt
Seller's Agent
Mark Warren
Century 21 North East
Buyer's Agent
Mark Warren
Century 21 North East
List Price
$339,900
Sold Price
$330,000
Premium/Discount to List
-$9,900
-2.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.86%

Purchase Details

Closed on
Feb 17, 2011
Sold by
Myrthi Mario
Bought by
Kondaur Capital Corp

Purchase Details

Closed on
Jan 27, 2011
Sold by
Myrthil Mario
Bought by
Boston City Of

Purchase Details

Closed on
Oct 4, 2004
Sold by
Etienne Klebert
Bought by
Myrthil Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,920
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 22, 2001
Sold by
Desroches Beliot
Bought by
Etienne Klebert

Purchase Details

Closed on
Apr 7, 2000
Sold by
Petrocelli Nicholas S and Efron Scott A
Bought by
Desroches Belito

Purchase Details

Closed on
Jul 1, 1997
Sold by
Bankboston
Bought by
Cormier T Karen

Purchase Details

Closed on
May 14, 1997
Sold by
Mathis Sammy
Bought by
First Natl Bk Of Bostn

Purchase Details

Closed on
Mar 16, 1995
Sold by
Quadir Bazlul
Bought by
Mathis Sammy

Purchase Details

Closed on
Nov 19, 1993
Sold by
Citicorp Mtg Inc
Bought by
Quadir Bazlul

Purchase Details

Closed on
Nov 5, 1993
Sold by
Brennan Christopher
Bought by
Citicorp Mtg Inc

Purchase Details

Closed on
Apr 28, 1989
Sold by
Jefferson Francis T
Bought by
Brennan Christopher
Source: Public Records

Range of Values:

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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
Tan Jinlong -- None Available
Tan Jinlong $1,000,008 None Available
Tanta Rt $305,000 --
Kondaur Capital Corp $305,000 --
Boston City Of $832 --
Myrthil Mario $589,900 --
Etienne Klebert $320,000 --
Desroches Belito $224,000 --
Cormier T Karen $47,500 --
First Natl Bk Of Bostn $111,134 --
Mathis Sammy $102,000 --
Quadir Bazlul $17,000 --
Citicorp Mtg Inc $45,400 --
Brennan Christopher $208,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tan Jinlong $750,000
Previous Owner Tanta Rt $220,000
Previous Owner Tanta Rt $90,000
Previous Owner Tanta Rt $231,000
Previous Owner Myrthil Mario $531,250
Previous Owner Brennan Christopher $471,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2021 12/01/21 Sold $1,000,008 0.0% $228 / Sq Ft
10/11/2021 10/11/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $1,000,008 +203.0% $228 / Sq Ft
01/13/2012 01/13/12 Sold $330,000 -2.9% $75 / Sq Ft
12/14/2011 12/14/11 Pending -- -- --
09/30/2011 09/30/11 For Sale $339,900 -- $77 / 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 $12,941 $1,117,500 $284,900 $832,600
2024 $11,256 $1,032,700 $239,800 $792,900
2023 $10,566 $983,800 $228,500 $755,300
2022 $8,803 $809,100 $203,900 $605,200
2021 $8,301 $778,000 $196,100 $581,900
2020 $6,443 $610,100 $224,500 $385,600
2019 $5,590 $530,400 $144,100 $386,300
2018 $4,963 $473,600 $144,100 $329,500
2017 $4,688 $442,700 $144,100 $298,600
2016 $4,309 $391,700 $144,100 $247,600
2015 $3,767 $311,100 $104,900 $206,200
2014 $3,782 $300,600 $104,900 $195,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72903294

MLS Property Information Network (MLS PIN)

APN: DORC-000000-000017-000490