NOT LISTED FOR SALE

56 Park Vale Ave Unit 4 Allston, MA 02134

Commonwealth Neighborhood

Estimated Value: $352,000 - $372,144

1 Bed
1 Bath
470 Sq Ft
$306/mo HOA Fee

Last Sold July 15, 2023

Last sale price $320,000 $681 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $2,536/month

18 Days on Market

Highlights

  • Medical Services
  • 5-minute walk to Harvard Avenue Station
  • Intercom
  • Property is near public transit
  • Jogging Path
  • Park

About This Home

As of July 2023

Whether you're looking to purchase your first condo, or add to your portfolio, here's a great opportunity to own this charming one-bed, one-bath unit located at 56 Park Vale Ave in Allston. Currently rented at a "Covid Discount" of $1800 until 7/31/23, the Allston rental market should fetch between $2100-$2200/m at lease expiration. This turn-key, ground-floor unit features an open-concept layout, modern appliances, and plenty of natural light. The bedroom comfortably fits a queen-sized bed and has ample storage space. The bathroom is well-appointed with a shower/tub combo and room for an extra vanity in the entryway. Located near public transportation, restaurants, and shops, this condo is perfect for renters and owner-occupants alike!

Last Agent to Sell the Property

Charles Haritos

Block Realty Listed on: 05/11/2023

Last Buyer's Agent

Taylor Moreno

Winder Realty, LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,442

Year Built

  • Built in 1920

Lot Details

  • 436

HOA Fees

  • $306 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 470 Sq Ft Home
  • 1-Story Property
  • Intercom

Kitchen

  • Range
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number W:21 P:00898 S:040,1205928

Community Details

Overview

  • Association fees include heat, water, sewer, insurance, ground maintenance, snow removal
  • 34 Units
  • Low-Rise Condominium

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,442

Year Built

Built in 1920

Lot Details

0

HOA Fees

$306 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low-Rise
  • Year Built: 1920
  • Buyer Agency Type: %
  • Entry Level: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Entry Location: Unit Placement(Ground)
  • Fireplace YN: No
  • Appliances: Range,Dishwasher,Refrigerator,Freezer
  • Total Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Basement: N
  • Living Area: 470
  • Spa YN: No
  • Stories Total: 1
  • MAIN LO: BB1465
  • MAIN SO: AN4101

Exterior Features

  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard
  • Cooling Y N: No
  • Heating YN: Yes
  • Security Features: Intercom
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Hot Water, Laundry
  • Association Fee: 306
  • Association Fee Frequency: Monthly
  • Association YN: Yes
  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, Public School, T-Station, University
  • Senior Community YN: No
  • MANAGEMENT: Professional - Off Site
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Sewer, Insurance, Maintenance Grounds, Snow Removal

Lot Info

  • Parcel Number: W:21 P:00898 S:040,1205928
  • Zoning: CD
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.01
  • Lot Size Sq Ft: 470
  • Lot Size Units: Acres
  • OUTDOOR SPACE AVAILABLE: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Pets Allowed: Yes w/ Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3442

Multi Family

  • Number Of Units Total: 34
  • Basement Included Sq Ft: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2007
Sold by
Morgan John J
Bought by
Tran Phuc
Current Estimated Value
$359,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,600
Outstanding Balance
$76,440
Interest Rate
6.18%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$282,846

Purchase Details

Closed on
Nov 24, 2004
Sold by
Yang Ming
Bought by
Morgan John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,500
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2001
Sold by
Fong Kwok P
Bought by
Yang Ming

Purchase Details

Closed on
Sep 13, 2000
Sold by
Mai Yao H and Chen Hui L
Bought by
Fong Kwok P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 7, 1993
Sold by
Ten Winthrop Prop Inc
Bought by
Chen Hui L and Mai Yao H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tran Phuc $157,000 --
Morgan John J $157,000 --
Yang Ming $105,000 --
Fong Kwok P $65,000 --
Chen Hui L $26,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Phuc $125,600
Previous Owner Morgan John J $78,500
Previous Owner Fong Kwok P $50,000
Previous Owner Chen Hui L $16,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2023 07/15/23 Sold $320,000 0.0% $681 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $319,900 0.0% $681 / Sq Ft
08/13/2021 08/13/21 Rented -- -- --
06/18/2021 06/18/21 For Rent $1,800 -- --
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 $4,060 $350,600 $0 $350,600
2024 $3,493 $320,500 $0 $320,500
2023 $3,442 $320,500 $0 $320,500
2022 $3,289 $302,300 $0 $302,300
2021 $3,201 $300,000 $0 $300,000
2020 $2,704 $256,100 $0 $256,100
2019 $2,647 $251,100 $0 $251,100
2018 $2,461 $234,800 $0 $234,800
2017 $2,302 $217,400 $0 $217,400
2016 $2,195 $199,500 $0 $199,500
2015 $2,019 $166,700 $0 $166,700
2014 $1,906 $151,500 $0 $151,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73110471

MLS Property Information Network (MLS PIN)

APN: ALLS-000000-000021-000898-000040