NOT LISTED FOR SALE

56 Library St Revere, MA 02151

Downtown Revere Neighborhood

Estimated Value: $660,162 - $1,044,000

6 Beds
2 Baths
2,941 Sq Ft
$297/Sq Ft Est. Value

Last Sold November 05, 2012

Last sale price $381,000 $130 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $5,346/month

32 Days on Market

About This Home

As of November 2012

***LARGE AND SUNNY 2 FAMILY HOME***located in the highly desired neighborhood on Revere features***First floor unit with 3 beds***Remodeled kitchen and bath***Living room and a separate dinning room use currently as a bed is rented for $1200 a month***Second floor with 3+ beds offers***Perfectly designed kitchen with mocha cabinets***Marble counter top and brand new S/S appliances follow by Dinning room and a separate Living area overlooking a lovely enclosed porch***MINT CONDITION***

Last Agent to Sell the Property

Genci Pance

Panche Real Estate & Services Listed on: 09/04/2012

Last Buyer's Agent

Maria Pena

Pena Realty Corporation

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,176

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Corner, Fenced/Enclosed
  • Other Agent: 2.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 13
  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School
  • Electric: 110 Volts, Circuit Breakers, 100 Amps, Individually Metered
  • Energy: Insulated Windows, Insulated Doors, Storm Doors
  • Flooring: Tile, Hardwood
  • Basement: Full, Interior Access, Sump Pump

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame, Stone/Concrete
  • Exterior: Asbestos
  • Exterior Features: Porch - Enclosed, Balcony, Fenced Yard
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 2

Utilities

  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, Washer Hookup

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2012
Closed on
Nov 5, 2012
Sold by
G & T Props Llc
Bought by
Mejia Ruth
Seller's Agent
Genci Pance
Panche Real Estate & Services
Buyer's Agent
Maria Pena
Pena Realty Corporation
List Price
$379,000
Sold Price
$381,000
Premium/Discount to List
$2,000
0.53%
Current Estimated Value
$873,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,041
Avg. Annual Appreciation
6.68%
Original Mortgage
$361,950
Outstanding Balance
$253,189
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$619,852

Purchase Details

Listed on
Jun 6, 2012
Closed on
Jul 2, 2012
Sold by
Cap Morgan Stanley Abs
Bought by
G & T Properties Llc
Seller's Agent
Team Rocco and Lorrie
RE/MAX Leading Edge
Buyer's Agent
Karin Gitto
Bancroft Realty Group
List Price
$230,000
Sold Price
$235,199
Premium/Discount to List
$5,199
2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
281.87%

Purchase Details

Closed on
Feb 2, 2010
Sold by
Garcia Francisco and Mers
Bought by
Deutsche Bank Natl T C

Purchase Details

Closed on
Sep 29, 2006
Sold by
Petillo Louis J
Bought by
Garcia Francisco and Garcia Reina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,400
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage
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
Mejia Ruth $381,000 --
G & T Properties Llc $235,199 --
Deutsche Bank Natl T C $246,500 --
Deutsche Bank Natl T C $246,500 --
Garcia Francisco $430,500 --
Garcia Francisco $430,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mejia Ruth $361,950
Closed Petillo Louis J $361,950
Previous Owner Garcia Francisco $344,400
Previous Owner Garcia Francisco $86,100
Previous Owner Petillo Louis J $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2012 11/05/12 Sold $381,000 +0.5% $130 / Sq Ft
10/06/2012 10/06/12 Pending -- -- --
09/04/2012 09/04/12 For Sale $379,000 +61.1% $129 / Sq Ft
06/28/2012 06/28/12 Sold $235,199 +2.3% $80 / Sq Ft
06/06/2012 06/06/12 For Sale $230,000 -- $78 / 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 $7,176 $791,200 $285,200 $506,000
2024 $7,103 $779,700 $269,400 $510,300
2023 $6,790 $714,000 $225,000 $489,000
2022 $6,788 $652,700 $213,900 $438,800
2021 $6,643 $600,600 $198,100 $402,500
2020 $6,571 $583,600 $198,100 $385,500
2019 $6,294 $519,700 $180,600 $339,100
2018 $6,312 $487,000 $163,200 $323,800
2017 $5,964 $426,300 $142,600 $283,700
2016 $4,949 $342,500 $129,900 $212,600
2015 $5,069 $342,500 $129,900 $212,600
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Team Rocco and Lorrie

    RE/MAX

  • G

    Seller's Agent in 2012

    Genci Pance

    Panche Real Estate & Services

    (617) 733-7802

    6 Total Sales

    Genci Pance
    Section Image
  • Karin Gitto

    Buyer's Agent in 2012

    Karin Gitto

    Bancroft Realty Group

    (978) 979-7181

    22 Total Sales

    Karin Gitto
    Section Image
  • Maria Pena

    Buyer's Agent in 2012

    Maria Pena

    Pena Realty Corporation

    (617) 201-0030

    8 in this area

    170 Total Sales

    Maria Pena
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71429567

MLS Property Information Network (MLS PIN)

APN: REVE-000016-000234-000001

Massachusetts Suffolk County Revere 02151 Downtown Revere

56 Library St, Revere, MA

This home is located at 56 Library St, Revere, MA 02151 since 04 September 2012 and is currently estimated at $873,041, approximately $296 per square foot. This property was built in 1900. 56 Library St is a home located in Suffolk County with nearby schools including Staff Sargent James J. Hill Elementary School, Rumney Marsh Academy, and Garfield Middle School.

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MLS Property Information Network (MLS PIN) 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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