NOT LISTED FOR SALE

55-57 French St Quincy, MA 02171

Estimated Value: $937,000 - $1,057,000

4 Beds
2 Baths
1,956 Sq Ft
$503/Sq Ft Est. Value

Last Sold July 23, 2024

Last sale price $930,000 $475 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,089/month

4 Days on Market

Highlights

  • Marina
  • Medical Services
  • Property is near public transit
  • North Quincy High School Rated A
  • 0.22 Acre Lot
  • Wood Flooring

About This Home

As of July 2024

***Attention!! Contractor/ Developer, this is an opportunity for the summer project!!*** This two-family home, situated on two lots (the second plot located at 53 French Street), presents a compelling investment opportunity for buy-and-hold investors, developers, or owner-occupiers looking to rent out one unit. Its prime location just a few blocks from Wollaston Beach and half a mile from the North Quincy T station, surrounded by shops, restaurants, parks, and fields, makes it an ideal choice. The property boasts a spacious yard, a rare find in city settings, with no neighbors on the right side. The vacant lot on the right side holds significant potential for redevelopment into a nine-unit apartment building, adding further value to the property. With some thoughtful renovation and creative vision, this versatile property promises abundant possibilities for its next owner. Open House Sat(6/22) /Sun(6/23) 12 pm - 2 pm.

Last Agent to Sell the Property

Angela Cui

Keller Williams Realty Listed on: 06/20/2024

Keller Williams Realty

Co-Listed By

Jie Lian

Keller Williams Realty

Last Buyer's Agent

Sharon Nguyen

Premier Properties Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,172

Year Built

  • Built in 1930

Lot Details

  • 9,583

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 1,956 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • 9,583 Sq Ft Lot
  • 200+ Amp Service

Listing and Financial Details

  • Assessor Parcel Number M:6020 B:37 L:A,191192

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,172

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1930
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Unfinished
  • Living Area: 1956
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: BB6013
  • LIST PRICE PER Sq Ft: 460.07
  • PRICE PER Sq Ft: 475.46
  • MAIN SO: NB2426

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Other
  • Home Warranty YN: No
  • Road Frontage Type: Public
  • Waterfront Features: Beach Front, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Off Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Electric: 200+ Amp Service
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Medical Facility, Laundromat, Highway Access, Marina, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:6020 B:37 L:A,191192
  • Zoning: RESB
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.22
  • Lot Size Area: 0.22
  • Lot Size Sq Ft: 9583
  • Lot Size Units: Acres
  • PAGE: 544
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8172
  • Tax Book Number: 40005

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2021
Sold by
Atchison Family Irt 2019
Bought by
Lucy Realty Llc
Current Estimated Value
$983,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2019
Sold by
Atchison Frank T
Bought by
Atchison Ft and Gordon
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
Lucy Realty Llc $800,000 None Available
Atchison Ft -- --
Atchison Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucy Realty Llc $1,000,000
Closed Lucy Realty Llc $560,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Sold $930,000 +3.3% $475 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
06/20/2024 06/20/24 For Sale $899,900 -- $460 / 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 $8,774 $761,000 $366,000 $395,000
2024 $8,172 $725,100 $366,000 $359,100
2023 $7,793 $700,200 $332,800 $367,400
2022 $7,241 $604,400 $266,200 $338,200
2021 $7,362 $606,400 $266,200 $340,200
2020 $7,429 $597,700 $261,000 $336,700
2019 $7,136 $568,600 $251,000 $317,600
2018 $6,817 $511,000 $239,000 $272,000
2017 $6,725 $474,600 $217,300 $257,300
2016 $6,096 $424,500 $197,500 $227,000
2015 $5,763 $394,700 $179,600 $215,100
2014 $5,198 $349,800 $179,600 $170,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73255525

MLS Property Information Network (MLS PIN)

APN: QUIN-006020-000037-A000000