NOT LISTED FOR SALE

55 Vane St Quincy, MA 02171

Estimated Value: $841,865 - $1,076,000

4 Beds
2 Baths
2,090 Sq Ft
$461/Sq Ft Est. Value

Last Sold January 18, 2017

Last sale price $670,000 $321 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,021/month

10 Days on Market

About This Home

As of January 2017

Conveniently located two family home in N Quincy. Close to all the area restaurants and shopping. Within walking distance to the N QuincyT. The exterior of the house has newer vinyl siding, windows,new gas heating system, updated 100 amp power, and a new roof within the past 5 yrs. The first-floor apartment features 2 bedrooms, living and dining rooms.The second-floor unit has 2 bedrooms, living and dining rooms and den/bedroom. The house is fully insulated keep the heating bill down. The basement is partly finished.Plenty of parking space. Currently, both units are occupied. First showing open house on Sunday, November 13, 1-3 pm.

Last Agent to Sell the Property

Raymond Yee

Meiland Real Estate License #450000737 Listed on: 11/08/2016

Last Buyer's Agent

Zhuo Jian Wu

Central Real Estate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,894

Year Built

1915

Lot Details

0

Listing Details

  • Lot Description: Level
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1915

Interior Features

  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Highway Access, House of Worship, Public School, T-Station
  • Electric: 110 Volts, Circuit Breakers, 100 Amps
  • Total Levels: 2

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck - Wood
  • Foundation: Concrete Block

Garage/Parking

  • Parking Spaces: 3

Utilities

  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:6005 B:41 L:1
  • Zoning: RESB

Multi Family

  • Foundation: 999+
  • Heating Common: Gas
  • Total Bedrooms: 4
  • Total Fireplaces: 2
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 10
  • Total Rent_1: 2550

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2016
Closed on
Jan 18, 2017
Sold by
Fung-Fong Kam and Fong Qiping C
Bought by
Qing-Zeng Feng and Jiang Yi
Seller's Agent
Raymond Yee
Meiland Real Estate
Buyer's Agent
Zhuo Jian Wu
Central Real Estate
List Price
$715,000
Sold Price
$670,000
Premium/Discount to List
-$45,000
-6.29%
Current Estimated Value
$956,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,005
Avg. Annual Appreciation
4.01%
Original Mortgage
$450,000
Outstanding Balance
$374,538
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$563,903

Purchase Details

Closed on
Jun 16, 2004
Sold by
Malger Rhonda
Bought by
Fong Kam F and Fong Qiping C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 29, 1991
Sold by
Logue Gloria T
Bought by
Malger Frederick and Malger Rhonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Qing-Zeng Feng $670,000 --
Fong Kam F $483,000 --
Malger Frederick $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qing-Zeng Feng $450,000
Previous Owner Fong Kam F $200,000
Previous Owner Fong Kam F $200,000
Previous Owner Malger Rhonda $98,000
Previous Owner Malger Frederick $97,300
Previous Owner Malger Frederick $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2017 01/18/17 Sold $670,000 -3.6% $321 / Sq Ft
11/18/2016 11/18/16 Pending -- -- --
11/17/2016 11/17/16 Price Changed $695,000 -2.8% $333 / Sq Ft
11/08/2016 11/08/16 For Sale $715,000 -- $342 / 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 $8,894 $771,400 $354,200 $417,200
2024 $8,552 $758,800 $354,200 $404,600
2023 $7,947 $714,000 $322,000 $392,000
2022 $7,419 $619,300 $257,600 $361,700
2021 $7,549 $621,800 $257,600 $364,200
2020 $7,369 $592,800 $252,600 $340,200
2019 $7,083 $564,400 $242,800 $321,600
2018 $6,762 $506,900 $231,300 $275,600
2017 $6,677 $471,200 $210,200 $261,000
2016 $6,060 $422,000 $191,100 $230,900
2015 $5,735 $392,800 $173,800 $219,000
2014 $5,131 $345,300 $173,800 $171,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72091517

MLS Property Information Network (MLS PIN)

APN: QUIN-006005-000041-000001