$310,000
SOLD JUN 8, 2016

56 Charlesgate E Unit 148 Boston, MA 02215

Fenway Neighborhood
-- Bed
1 Bath
295 Sq Ft
305 Sq Ft Lot

Recently Sold

$1,051 Per Sq Ft

3% Below List Price

51 Days on Market

About This Home

As of June 2016

Investors! Turn-key & affordable investment opportunity @ 4.7% return on cash day one! Nicely updated 4th floor front-facing two-room studio features 4 large windows with park views. Renovated separate eat-in kitchen w/ Fisher Paykel stainless fridge, dishwasher & gas range. Entry foyer has large closet and leads to main room w/ hdwd floors & two sunny windows. Renovated bathroom features marble flooring, new fixtures, tile tub/shower surround. Windows in bath & kitchen. This unit will rent today for $1695. With condo fee only $241/month and taxes $204 = NET INCOME of $1250/month, $15,000 / year = 4.7% on your investment! Get into this rapidly-appreciating market with a blue chip rental asset anchored by major universities & medical. Short walk to Longwood, the arts, Newbury Street & Back Bay. Well established & maintained condo association, elevator building.

Last Agent to Sell the Property

Michael Grappo

M. J. Grappo Realty Associates Listed on: 03/23/2016

Last Buyer's Agent

Daniela Cafaro

Berkshire Hathaway HomeServices Warren Residential

Berkshire Hathaway HomeServices Warren Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2016
Closed on
Jun 8, 2016
Sold by
Grappo Michael
Bought by
B Zheng Properties Llc
Seller's Agent
Michael Grappo
M. J. Grappo Realty Associates
Buyer's Agent
Daniela Cafaro
Berkshire Hathaway HomeServices Warren Residential
List Price
$319,900
Sold Price
$310,000
Premium/Discount to List
-$9,900
-3.09%
Total Days on Market
51
Current Estimated Value
$433,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,679
Avg. Annual Appreciation
3.79%

Purchase Details

Listed on
Mar 3, 2016
Closed on
Mar 18, 2016
Sold by
Martin David M and Martin Kristen W
Bought by
Grappo Michael
Seller's Agent
Gloria Herdt
Compass
Buyer's Agent
Michael Grappo
M. J. Grappo Realty Associates
List Price
$279,000
Sold Price
$280,500
Premium/Discount to List
$1,500
0.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
57.54%

Purchase Details

Listed on
Apr 4, 2011
Closed on
May 31, 2012
Sold by
Parrott Marian and Parrott W
Bought by
Martin David M and Martin Kirsten W
Seller's Agent
David Divecchia
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Gloria Herdt
Compass
List Price
$199,900
Sold Price
$192,500
Premium/Discount to List
-$7,400
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.41%
Original Mortgage
$145,125
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2007
Sold by
Lewis Mary M
Bought by
Parrott Marian and Gerrod Parrott W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2004
Sold by
Nadeau Joseph F and Lewis Mary M
Bought by
Lewis Mary M

Purchase Details

Closed on
Jun 24, 1994
Sold by
Iag Fcu
Bought by
Lewis Mary M and Nadeau Joseph F
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $310,000 --
Not Resolvable $280,500 --
Not Resolvable $193,500 --
Deed $192,000 --
Deed -- --
Deed $23,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $145,125 New Conventional
Previous Owner $153,600 Purchase Money Mortgage
Previous Owner $25,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2020 06/27/20 Rented $1,650 0.0% --
06/23/2020 06/23/20 Under Contract -- -- --
06/10/2020 06/10/20 For Rent $1,650 -2.9% --
07/03/2019 07/03/19 Rented $1,700 0.0% --
06/21/2019 06/21/19 Under Contract -- -- --
06/14/2019 06/14/19 Price Changed $1,700 -5.6% $6 / Sq Ft
06/02/2019 06/02/19 For Rent $1,800 0.0% --
04/01/2019 04/01/19 Off Market $1,800 -- --
03/05/2019 03/05/19 For Rent $1,800 +5.9% --
03/22/2018 03/22/18 Rented $1,700 0.0% --
03/22/2018 03/22/18 Under Contract -- -- --
03/14/2018 03/14/18 For Rent $1,700 0.0% --
06/08/2016 06/08/16 Sold $310,000 -3.1% $1,051 / Sq Ft
05/13/2016 05/13/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $319,900 +3.2% $1,084 / Sq Ft
04/30/2016 04/30/16 Off Market $310,000 -- --
04/04/2016 04/04/16 For Sale $319,900 0.0% $1,084 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $319,900 +14.0% $1,084 / Sq Ft
03/18/2016 03/18/16 Sold $280,500 +0.5% $951 / Sq Ft
03/04/2016 03/04/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $279,000 +44.9% $946 / Sq Ft
05/30/2012 05/30/12 Sold $192,500 -3.7% $642 / Sq Ft
05/11/2012 05/11/12 Pending -- -- --
04/04/2011 04/04/11 For Sale $199,900 -- $666 / 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 $3,971 $342,900 $0 $342,900
2024 $3,707 $340,100 $0 $340,100
2023 $3,544 $330,000 $0 $330,000
2022 $3,521 $323,600 $0 $323,600
2021 $3,386 $317,300 $0 $317,300
2020 $2,976 $281,800 $0 $281,800
2019 $2,777 $263,500 $0 $263,500
2018 $2,557 $244,000 $0 $244,000
2017 $2,527 $238,600 $0 $238,600
2016 $2,433 $221,200 $0 $221,200
2015 $1,930 $159,400 $0 $159,400
2014 $2,023 $160,800 $0 $160,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71976412

MLS Property Information Network (MLS PIN)

APN: CBOS-000000-000005-004165-000288