NOT LISTED FOR SALE

Estimated Value: $593,803

3 Beds
1.5 Baths
2,104 Sq Ft
$282/Sq Ft Est. Value

Last Sold August 17, 2021

Last sale price $495,000 $235 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,515/month

89 Days on Market

Highlights

  • Waterfront
  • Heating Available
  • 3-minute walk to Revere Beach Reservation
  • Corner Lot

About This Home

As of August 2021

Open House Sunday 3/14 @ 12:30-2pm A perfect opportunity for someone who owns and operates their own business! Live upstairs and work downstairs! **CONTRACTOR OWNED** REVERE LOCATIONS DON'T GET MUCH BETTER THAN THIS and WITH PARKING! Combo Residential and Commercial Zone property (General Business GB Zoning). Retail/Office space on lower level with half bath. 3 bedroom, 1 bath apartment above. Fenced-in, off-Street parking for 6 cars. Steps to Revere Beach. On Multiple Bus routes and just a quick walk to the T's Blue Line Wonderland Station. Community being developed over the past 10 years. PLEASE NOTE: PARCELS 10-186B-1 AND 10-186B-2 (544 and 550 Revere St.) are included under this listing (Structure is 544, Lot is 550).

Last Agent to Sell the Property

The iBremis Team

LAER Realty Partners Listed on: 12/16/2020

LAER Realty Partners

Last Buyer's Agent

Juan Cano

Broad Sound Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,612

Year Built

  • Built in 1930

Lot Details

  • 3,049 Sq Ft Lot
  • Waterfront
  • Corner Lot

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,104 Sq Ft Home
  • Property has 1 Level
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 6 Car Parking Spaces
  • Off-Street Parking

Utilities

  • Heating Available

Community Details

  • 2 Units
  • Net Operating Income $45,000

Listing and Financial Details

  • Total Actual Rent $4,800
  • Rent includes unit 2(water)
  • Assessor Parcel Number 10186B1 and 10186B2

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,612

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Year Built: 1930
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 2(Ceiling Fans,Bathroom With Tub & Shower)
  • Fireplace YN: No
  • Appliances: Unit 2(Range,Dishwasher,Microwave)
  • Total Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bathrooms: 1.5
  • Living Area: 2104
  • Stories Total: 3
  • MAIN LO: AN1199
  • LIST PRICE PER Sq Ft: 308.89
  • PRICE PER Sq Ft: 235.27
  • MAIN SO: BB9067

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block
  • Frontage Length: 40
  • Roof: Shingle
  • Waterfront Features: Beach Front
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 2(Gas)
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 2(Water)

Lot Info

  • Parcel Number: 10186B1 and 10186B2
  • Zoning: GB
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • LOT SIZE: 3137
  • PAGE: 37

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2612
  • Tax Book Number: 36372

Multi Family

  • Gross Income: 45000
  • Net Operating Income: 45000
  • Number Of Units Total: 2
  • Total Actual Rent: 4800
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2020
Closed on
Aug 17, 2021
Sold by
Revere Investments Rt
Bought by
Santamaria Daniel and Agudelo-Cano Marcela
Seller's Agent
The iBremis Team
LAER Realty Partners
Buyer's Agent
Juan Cano
Broad Sound Real Estate, LLC
List Price
$689,900
Sold Price
$495,000
Premium/Discount to List
-$194,900
-28.25%
Current Estimated Value
$593,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,803
Avg. Annual Appreciation
4.33%
Original Mortgage
$486,034
Outstanding Balance
$447,637
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$140,284

Purchase Details

Closed on
Jan 9, 2002
Sold by
Lorusso Rocco and Lorusso Jean
Bought by
Addario Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.04%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Santamaria Daniel $495,000 None Available
Addario Steven J $180,000 --
Addario Steven J $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santamaria Daniel $486,034
Closed Santamaria Daniel $486,034
Previous Owner Addario Steven J $325,000
Previous Owner Addario Steven J $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2021 08/17/21 Sold $495,000 0.0% $235 / Sq Ft
07/27/2021 07/27/21 Off Market $495,000 -- --
03/15/2021 03/15/21 Pending -- -- --
02/08/2021 02/08/21 Price Changed $649,900 -5.8% $309 / Sq Ft
12/16/2020 12/16/20 For Sale $689,900 -- $328 / 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 $3,644 $201,900 $195,200 $6,700
2024 $3,323 $183,600 $177,500 $6,100
2023 $3,035 $159,900 $153,800 $6,100
2022 $2,876 $139,900 $138,000 $1,900
2021 $2,796 $128,100 $126,200 $1,900
2020 $2,612 $119,400 $117,500 $1,900
2019 $2,655 $112,100 $110,200 $1,900
2018 $2,376 $93,700 $91,800 $1,900
2017 $2,384 $86,600 $84,500 $2,100
2016 $2,485 $86,600 $84,500 $2,100
2015 $2,575 $86,600 $84,500 $2,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72767507

MLS Property Information Network (MLS PIN)

APN: REVE-000010-000186B-000001