NOT LISTED FOR SALE

545 E 8th St Unit 547 Boston, MA 02127

South Boston Neighborhood

Estimated Value: $2,107,000 - $2,643,140

14 Beds
5 Baths
7,023 Sq Ft
$332/Sq Ft Est. Value

Last Sold August 30, 2016

Last sale price $2,900,000 $413 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $14,221/month

100 Days on Market

About This Home

As of August 2016

Wonderful development/investment/1031 Exchange opportunity in prime South Boston location! Just one block from the water! This unique property consists of 2 separately deeded three unit buildings. Five residential units, One commercial space, and Large detached garage which can be torn down for additional parking! Residential units currently consist of Four 3bedrooms & One 2bedroom unit. Each units features large rooms, 12 to 14 foot ceilings & combined total 7023sqft of living space. Endless opportunity with commercial space, or convert to residential unit, which is wide open and ready to be renovated. Each three family features a bonus staircase with full-size door leading to a joined roof with breath taking water views.

Last Agent to Sell the Property

Kristen Heffron

Village Realty HM, LLC Listed on: 03/22/2016

Last Buyer's Agent

Ryan Foley

Greater Metropolitan R. E.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,698

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Corner, Level
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Certified Treated
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 25
  • Amenities: Public Transportation, Shopping, Park, Bike Path, Marina, T-Station
  • Electric: Individually Metered
  • Flooring: Wood, Tile, Wall to Wall Carpet, Laminate
  • Total Levels: 5

Exterior Features

  • Roof: Rubber
  • Construction: Frame
  • Foundation: Brick, Irregular, Other (See Remarks)
  • Beach: Ocean
  • Waterview Flag: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Utility Connections: for Gas Range, for Gas Oven
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 6

Lot Info

  • Zoning: L1

Multi Family

  • Total Bedrooms: 14
  • Total Floors: 11
  • Total Full Baths: 5
  • Total Levels: 3
  • Total Rms: 28
  • Total Rent_1: 1900
  • Waterview: Ocean

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

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2016 08/30/16 Sold $2,900,000 0.0% $413 / Sq Ft
06/30/2016 06/30/16 Pending -- -- --
06/29/2016 06/29/16 Off Market $2,900,000 -- --
05/26/2016 05/26/16 Pending -- -- --
04/05/2016 04/05/16 Price Changed $3,400,000 -12.8% $484 / Sq Ft
03/22/2016 03/22/16 For Sale $3,900,000 -- $555 / 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 $23,698 $2,046,500 $522,700 $1,523,800
2024 $23,561 $2,161,600 $378,400 $1,783,200
2023 $21,902 $2,039,300 $357,000 $1,682,300
2022 $16,640 $1,529,400 $0 $1,529,400
2021 $0 $1,126,600 $299,400 $827,200
2020 $0 $1,091,900 $299,400 $792,500
2019 $0 $1,067,500 $323,800 $743,700
2018 $0 $1,001,000 $308,500 $692,500
2017 $0 $951,500 $293,700 $657,800
2016 -- $805,000 $273,400 $531,600
2015 -- $696,500 $186,300 $510,200
2014 -- $657,000 $167,800 $489,200
Source: Public Records

Agents Affiliated with this Home

  • Kristen Heffron

    Seller's Agent in 2016

    Kristen Heffron

    Village Realty HM, LLC

    (774) 283-0434

    3 in this area

    44 Total Sales

    Kristen Heffron
    Section Image
  • Ryan Foley

    Buyer's Agent in 2016

    Ryan Foley

    Greater Metropolitan R. E.

    (617) 523-2505

    8 in this area

    14 Total Sales

    Ryan Foley
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71976036

MLS Property Information Network (MLS PIN)

APN: SBOS-000000-000007-002089-000010

Massachusetts Suffolk County Boston 02127 South Boston

545 E 8th St Unit 547, Boston, MA

Not Listed for Sale

MultiFamily

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