NOT LISTED FOR SALE

541 Massachusetts Ave Boston, MA 02118

Lower Roxbury Neighborhood

Estimated Value: $1,740,416

3 Beds
5 Baths
4,260 Sq Ft
$409/Sq Ft Est. Value

Last Sold May 29, 2020

Last sale price $2,200,000 $516 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $9,128/month

27 Days on Market

Highlights

  • City View
  • Wood Flooring
  • Enclosed Patio or Porch

About This Home

As of May 2020

Attention Investors and Developers! 541 Mass is a rare 4 floor plus garden level multifamily property situated in the quaint and well-maintained Chester Square location of the South End. Conveniently located between Tremont Street and Shawmut Ave; walkable to shops, restaurants the the Boston Medical Center. Most recently a mixed-use of residential and worship space (1st floor & garden level). With high ceilings and lots of light, this property is a canvas for creative repositioning. Recent rear entry upgrades to masonry walls, entry doors and decking set the stage for new investment. AC in 1st floor unit; a common heating system services the building. Residential permit parking available in the square. See informational floor plans attached; building is vacant and being sold "as-is".

Last Agent to Sell the Property

Eric Keyes

Cornerstone Adivsory Services, LLC Listed on: 01/30/2020

Last Buyer's Agent

John Burns

John Burns Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $0

Year Built

  • Built in 1899

Lot Details

  • 2,614

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Additional Features

  • City Views
  • Enclosed Patio or Porch
  • Basement

Listing and Financial Details

  • Assessor Parcel Number W:09 P:00919 S:000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$0

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 586.85
  • Comp Based On: Net Sale Price
  • Year Built: 1899
  • Lead Paint: Unknown
  • Levels: 5
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1899

Interior Features

  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Total Flrs: 10
  • No Bedrooms: 3
  • Total Brs: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Fbh: 3
  • Total Hbh: 2
  • No Rooms: 19
  • Basement: Y
  • Basement Features: Full, Finished, Walk Out
  • Main Lo: NB1587
  • Main So: AN4655
  • Estimated Sq Ft: 4260.00

Exterior Features

  • Roof Material: Asphalt/Fiberglass Shingles, Rubber
  • Exterior: Brick
  • Exterior Features: Patio - Enclosed, City View(s)

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Common

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Medical Facility, House of Worship, T-Station, University

Lot Info

  • Assessments: 1850400.00
  • Acre: 0.06
  • Lot Size: 2500.00
  • Parcel Number: W:09 P:00919 S:000
  • Zoning: RH
  • Lot Description: City View(s)

Multi Family

  • Heat Units: 1
  • Total Levels: 5
  • Total Rms: 19
  • No Units: 4
  • Mf Type: 4 Family - 4 Units Up/Down

Tax Info

  • Taxes: 19503.21
  • Assessor Parcel Number: 3395156

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2022
Sold by
Kj Cap 541 Mass Ave Llc
Bought by
Korsunsky Arina and Korsunsky Ilya
Current Estimated Value
$1,740,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,305,300
Outstanding Balance
$1,227,760
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$512,656

Purchase Details

Closed on
Jun 7, 2022
Sold by
Kj Cap 541 Mass Ave Llc
Bought by
Sunshine Villas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,305,300
Outstanding Balance
$1,227,760
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$512,656

Purchase Details

Closed on
Jun 3, 2022
Sold by
Kj Capitol 541 Mass Ave
Bought by
Diep Benny and Kwan Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,305,300
Outstanding Balance
$1,227,760
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$512,656

Purchase Details

Closed on
May 31, 2022
Sold by
Kj Cap 541 Mass Ave Llc
Bought by
Fayyaz Mohammad and Fayyaz Seraaj B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,305,300
Outstanding Balance
$1,227,760
Interest Rate
4.38%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$512,656
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Korsunsky Arina $1,374,000 None Available
Sunshine Villas Llc $1,725,000 None Available
Diep Benny $1,280,000 None Available
Fayyaz Mohammad $1,110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Korsunsky Arina $1,305,300
Closed Sunshine Villas Llc $912,500
Closed Diep Benny $976,000
Closed Fayyaz Mohammad $888,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2020 05/29/20 Sold $2,200,000 -12.0% $516 / Sq Ft
02/26/2020 02/26/20 Pending -- -- --
01/30/2020 01/30/20 For Sale $2,500,000 -- $587 / 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 $0 $0 $0 $0
2024 $0 $0 $0 $0
2023 $39,201 $3,650,000 $588,500 $3,061,500
2022 $21,887 $2,011,700 $588,500 $1,423,200
2021 $20,284 $1,901,000 $525,000 $1,376,000
2020 $0 $1,921,600 $525,000 $1,396,600
2019 $0 $1,850,400 $525,000 $1,325,400
2018 $0 $1,725,300 $499,900 $1,225,400
2017 $0 $1,640,400 $474,700 $1,165,700
2016 -- $1,394,800 $438,400 $956,400
2015 -- $1,282,800 $391,000 $891,800
2014 -- $1,191,800 $349,100 $842,700
Source: Public Records

Agents Affiliated with this Home

  • Eric Keyes

    Seller's Agent in 2020

    Eric Keyes

    Cornerstone Adivsory Services, LLC

    (781) 592-5300

    1 Total Sale

    Eric Keyes
    Section Image

  • J

    Buyer's Agent in 2020

    John Burns

    John Burns Realty LLC

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72613557

MLS Property Information Network (MLS PIN)

APN: ROXB-000000-000009-000919

Massachusetts Suffolk County Boston 02118 Lower Roxbury

541 Massachusetts Ave, Boston, MA

Not Listed for Sale

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