M
Seller's Agent in 2019
Mingfei Zheng
Realty Premiere
(617) 304-8661
32 Total Sales
55 Forest Ave Everett, MA 02149
West Everett Neighborhood
5
Beds
5
Baths
2,551
Sq Ft
4,792
Sq Ft Lot
About This Home
As of June 2019This property is a tremendous opportunity for an investor. There are five units: each unit includes one bedroom, living room,kitchen and full bathroom. There are 5 separate electric meters and one common area electric meter. Four units are vacant. Unit # 5 is rented. Current rent for the third floor unit (unit # 5) is well below market rate and its tenant has consistently paid rent. The property has a private driveway for five cars and is in a perfect location with easy access to the Encore Casino, highway, local park, hospital, and schools. With the ongoing development of the Encore Casino and resort project, the demand for housing in Everett is plentiful. A majority of the units are freshly painted and newly carpeted. Potential for condo conversion. Can't miss an excellent investment opportunity!
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920
Lot Details
- 4,792
Flooring
- Wall to Wall Carpet
- Tile
Utilities
- Natural Gas Water Heater
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number M:E0 B:01 L:000099
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/28/2019 06/28/19 | Sold | $722,000 | -1.1% | $283 / Sq Ft |
| 06/07/2019 06/07/19 | Pending | -- | -- | -- |
| 06/04/2019 06/04/19 | For Sale | $729,900 | -- | $286 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $9,775 | $858,200 | $216,700 | $641,500 |
| 2024 | $9,128 | $796,500 | $201,900 | $594,600 |
| 2023 | $9,019 | $765,600 | $192,000 | $573,600 |
| 2022 | $7,442 | $718,300 | $192,000 | $526,300 |
| 2021 | $6,915 | $700,600 | $185,100 | $515,500 |
| 2020 | $6,092 | $572,600 | $185,100 | $387,500 |
| 2019 | $6,418 | $518,400 | $176,300 | $342,100 |
| 2018 | $6,168 | $447,600 | $153,600 | $294,000 |
| 2017 | $5,935 | $411,000 | $128,000 | $283,000 |
| 2016 | $5,258 | $363,900 | $118,200 | $245,700 |
| 2015 | $4,896 | $335,100 | $111,000 | $224,100 |
Source: Public Records
Agents Affiliated with this Home
-
Mingfei Zheng
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72511861
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.
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