Seller's Agent in 2016
Eric Shabshelowitz
Cabot & Company
(617) 262-6200
19 Total Sales
55 Dudley St Roxbury, MA 02119
Fort Hill NeighborhoodEstimated Value: $1,073,000 - $1,316,000
8
Beds
3
Baths
3,476
Sq Ft
$334/Sq Ft
Est. Value
About This Home
As of April 2016Prime investment opportunity! Offered at a cap rate near 6.25%, this property offers a great return and tremendous appreciation potential! A corporate tenant leases the entire multifamily and operates it as supervised residential housing for 7 individuals pursuant to an agreement with the MA Dept of Mental Health. The tenant has just signed a new 2 year lease (plus a 1 year option) and is responsible for all utilities, snow removal and increases in real estate taxes and building insurance. A new rubber roof was installed in 2010.
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$11,631
Year Built
1900
Lot Details
0
Listing Details
- Lot Description: Gentle Slope
- Property Type: Multi-family
- Lead Paint: Unknown
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1900
Interior Features
- Has Basement: Yes
- Number of Rooms: 14
- Amenities: Public Transportation, Shopping, T-Station
- Basement: Full, Finished
- Total Levels: 4
Exterior Features
- Roof: Rubber
- Construction: Brick
- Exterior: Brick
- Foundation: Other (See Remarks)
Garage/Parking
- Parking: On Street Permit
Utilities
- Heat Zones: 2
- Hot Water: Natural Gas
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Total Units: 2
Lot Info
- Zoning: 999
Multi Family
- Heat Units: 2
- Sq Ft Incl Bsmt: Yes
- Total Bedrooms: 8
- Total Floors: 3
- Total Full Baths: 3
- Total Levels: 4
- Total Rms: 15
- Total Rent_1: 4500
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 2, 2015
Closed on
Apr 29, 2016
Sold by
Schmid Stephen A and Schmid Mark P
Bought by
Ray Sckhar and Ray Madhumita
Seller's Agent
Eric Shabshelowitz
Cabot & Company
Buyer's Agent
Debbie Adamidis
Keller Williams Realty Boston-Metro | Back Bay
List Price
$735,000
Sold Price
$695,000
Premium/Discount to List
-$40,000
-5.44%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$467,453
Avg. Annual Appreciation
5.32%
Original Mortgage
$542,500
Interest Rate
3.73%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 6, 2005
Sold by
River Ft Lp
Bought by
Schmid Mark P and Schmid Stephen A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 22, 1993
Sold by
Chapman Francisco
Bought by
Susie Velez Rt
Purchase Details
Closed on
Oct 1, 1992
Sold by
Susier Velez Rt
Bought by
Chapman Francisco
Purchase Details
Closed on
Sep 25, 1990
Sold by
Garden Mgmnt Co Inc
Bought by
Susie Velez Rt
Purchase Details
Closed on
Aug 28, 1990
Sold by
Dime Sb Of Ny Fsb
Bought by
Garden Mgmt Co Inc
Purchase Details
Closed on
Dec 2, 1987
Sold by
Marchione James
Bought by
Bandoh Mary O
Purchase Details
Closed on
Apr 15, 1987
Sold by
Cosme Julio J
Bought by
Marchione James
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ray Sckhar | $695,000 | -- | |
| Schmid Mark P | $550,000 | -- | |
| Susie Velez Rt | $60,000 | -- | |
| Chapman Francisco | $60,000 | -- | |
| Susie Velez Rt | $8,000 | -- | |
| Garden Mgmt Co Inc | $157,000 | -- | |
| Bandoh Mary O | $190,000 | -- | |
| Marchione James | $160,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ray Madhumita | $667,000 | |
| Closed | Ray Sekhar | $705,000 | |
| Closed | Ray Sckhar | $542,500 | |
| Previous Owner | Schmid Mark P | $440,000 | |
| Previous Owner | Marchione James | $84,000 | |
| Previous Owner | Marchione James | $85,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/29/2016 04/29/16 | Sold | $695,000 | -5.4% | $200 / Sq Ft |
| 02/19/2016 02/19/16 | Pending | -- | -- | -- |
| 01/11/2016 01/11/16 | For Sale | $735,000 | +5.8% | $211 / Sq Ft |
| 12/14/2015 12/14/15 | Off Market | $695,000 | -- | -- |
| 11/02/2015 11/02/15 | For Sale | $735,000 | -- | $211 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $11,631 | $1,004,400 | $246,600 | $757,800 |
| 2024 | $11,035 | $1,012,400 | $134,500 | $877,900 |
| 2023 | $10,456 | $973,600 | $129,400 | $844,200 |
| 2022 | $9,629 | $885,000 | $117,600 | $767,400 |
| 2021 | $8,825 | $827,100 | $109,900 | $717,200 |
| 2020 | $7,556 | $715,500 | $99,600 | $615,900 |
| 2019 | $7,052 | $669,100 | $76,400 | $592,700 |
| 2018 | $6,003 | $572,800 | $76,400 | $496,400 |
| 2017 | $5,312 | $501,600 | $76,400 | $425,200 |
| 2016 | $4,277 | $388,836 | $69,972 | $318,864 |
| 2015 | $3,978 | $328,500 | $77,200 | $251,300 |
| 2014 | $3,710 | $294,900 | $77,200 | $217,700 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Shabshelowitz
-
Debbie Adamidis
Buyer's Agent in 2016
Debbie Adamidis
Keller Williams Realty Boston-Metro | Back Bay
(617) 510-6019
1 in this area
46 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71926874
APN: ROXB-000000-000009-003231
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
Nearby Homes
- 22 Kenilworth St
- 19-21 Bartlett St
- 21 Alpine St Unit 2nd & 3rd
- 5 Lambert St Unit 5
- 10 Taber St Unit 603
- 10 Taber St Unit 501
- 38 Juniper St
- 10 Linwood St
- 64 Alpine St Unit 304
- 64 Alpine St Unit 104
- 37 Regent St Unit 2
- 249 Roxbury St Unit 1
- 2149 Washington St Unit 604
- 2149 Washington St Unit 601
- 2149 Washington St Unit 610
- 9 W Cedar St Unit 1
- 32 Williams St Unit 1
- 91 Zeigler St
- 85 Regent St
- 10 Circuit St
- 55 Dudley St Unit 2
- 55 Dudley St Unit 1
- 53 Dudley St
- 53 Dudley St
- 53 Dudley St Unit 55-2
- 53 Dudley St Unit 2
- 57 Dudley St
- 57 Dudley St Unit 3
- 59 Dudley St
- 21 Kenilworth St
- 19 Kenilworth St
- 19 Kenilworth St
- 19 Kenilworth St Unit 3
- 19 Kenilworth St Unit 2
- 19 Kenilworth St Unit 1
- 19 Kenilworth St Unit A
- 9999 Dudley
- 61 Dudley St
- 17 Kenilworth St Unit 4
- 17 Kenilworth St Unit 1