NOT LISTED FOR SALE

548 E 7th St Boston, MA 02127

South Boston Neighborhood

Estimated Value: $2,193,000 - $2,868,000

12 Beds
4 Baths
4,224 Sq Ft
$579/Sq Ft Est. Value

Last Sold September 08, 2021

Last sale price $2,200,000 $521 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $16,235/month

30 Days on Market

Highlights

  • Waterfront
  • 0.09 Acre Lot
  • Fenced

About This Home

As of September 2021

PREMIER EAST SIDE INVESTMENT PROPERTY! THIS LARGE THREE FAMILY LIVES AS A FOUR FAMILY, OFFERING TWO 4 BEDROOM, 1 BATHROOM UNITS, ONE 3 BEDROOM 1 BATHROOM UNIT & ONE 1 BEDROOM, 1 BATHROOM UNIT. UPDATES THROUGHOUT WITH STAINLESS STEEL APPLIANCED EAT-IN KITCHENS AND STONE BATHS. LARGE REAR DECKS WITH MASSIVE YARD! ADDITIONAL FEATURES INCLUDE HARDWOOD FLOORS, LAUNDRY. PROVIDING EXCELLENT TURN KEY INVESTMENT OPPORTUNITY WITH UNITS CURRENTLY LEASED THROUGH 8/31/21, PROPERTY MAY BE DELIVERED VACANT!. THIRD PARTY PARKING FOR SALE OR LONG TERM RENTAL.

Last Agent to Sell the Property

Joyce Lebedew

Joyce Lebedew Real Estate Listed on: 06/01/2021

Last Buyer's Agent

Foley/Federico Team

Greater Metropolitan R. E.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,089

Year Built

  • Built in 1905

Lot Details

  • 3,920 Sq Ft Lot
  • Waterfront
  • Fenced

Parking

  • Parking Available

Home Design

  • 4,224 Sq Ft Home
  • Quadruplex
  • Brick Foundation

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 4 Full Bathrooms

Listing and Financial Details

  • Total Actual Rent $13,800
  • Assessor Parcel Number W:07 P:02182 S:000,1412059

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $141,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,089

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Year Built: 1905
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 7

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 12
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Living Area: 4224
  • Stories Total: 7
  • MAIN LO: BB3336
  • LIST PRICE PER Sq Ft: 591.62
  • PRICE PER Sq Ft: 520.83
  • MAIN SO: NB1092

Exterior Features

  • Fencing: Fenced/Enclosed
  • Foundation Details: Brick/Mortar
  • Waterfront Features: Beach Front, 0 to 1/10 Mile To Beach
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Available for Purchase

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Parcel Number: W:07 P:02182 S:000,1412059
  • Zoning: 9999
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3920.399999
  • Lot Size Units: Acres
  • LOT SIZE: 3750
  • PAGE: 0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 15089
  • Tax Book Number: 0

Multi Family

  • Gross Income: 141600
  • Net Operating Income: 141600
  • Number Of Units Total: 4
  • Total Actual Rent: 13800
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 3
  • FLRS 3: 2
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2021
Closed on
Sep 8, 2021
Sold by
Coll Seventh Street Llc
Bought by
Eastburn Enterprise Llc
Seller's Agent
Joyce Lebedew
Joyce Lebedew Real Estate
Buyer's Agent
Foley/Federico Team
Greater Metropolitan R. E.
List Price
$2,499,000
Sold Price
$2,200,000
Premium/Discount to List
-$299,000
-11.96%
Total Days on Market
30
Current Estimated Value
$2,446,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,438
Avg. Annual Appreciation
2.65%
Original Mortgage
$2,110,000
Outstanding Balance
$1,940,747
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$484,932

Purchase Details

Closed on
Aug 7, 2019
Sold by
Coll Daniel J and Coll Judith A
Bought by
Coll 7Th Street Llc
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
Eastburn Enterprise Llc $2,200,000 None Available
Coll 7Th Street Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eastburn Enterprise Llc $2,110,000
Previous Owner Coll Daniel J $390,000
Previous Owner Coll Daniel J $364,500
Previous Owner Coll Daniel J $402,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $2,200,000 -12.0% $521 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/01/2021 06/01/21 For Sale $2,499,000 -- $592 / 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 $30,025 $2,592,800 $828,200 $1,764,600
2024 $26,655 $2,445,400 $501,500 $1,943,900
2023 $17,344 $1,614,900 $331,200 $1,283,700
2022 $17,441 $1,603,000 $430,100 $1,172,900
2021 $17,104 $1,603,000 $430,100 $1,172,900
2020 $15,089 $1,428,900 $406,900 $1,022,000
2019 $14,348 $1,361,300 $305,700 $1,055,600
2018 $13,590 $1,296,800 $305,700 $991,100
2017 $13,074 $1,234,600 $305,700 $928,900
2016 $11,810 $1,073,600 $305,700 $767,900
2015 $11,167 $922,100 $237,800 $684,300
2014 $9,865 $784,200 $237,800 $546,400
Source: Public Records

Agents Affiliated with this Home

  • Joyce Lebedew

    Seller's Agent in 2021

    Joyce Lebedew

    Joyce Lebedew Real Estate

    (617) 594-1449

    Section Image

  • F

    Buyer's Agent in 2021

    Foley/Federico Team

    Greater Metropolitan R. E.

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72840163

MLS Property Information Network (MLS PIN)

APN: SBOS-000000-000007-002182

Massachusetts Suffolk County Boston 02127 South Boston

548 E 7th St, Boston, MA

This home is located at 548 E 7th St, Boston, MA 02127 since 01 June 2021 and is currently estimated at $2,446,438, approximately $579 per square foot. This property was built in 1905. 548 E 7th St is a home located in Suffolk County with nearby schools including Gate of Heaven Elementary School, South Boston Catholic Academy, and St Peter Academy.

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