NOT LISTED FOR SALE

Estimated Value: $1,967,232

12 Beds
4 Baths
5,424 Sq Ft
$363/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $3,025,000 $558 Per Sq Ft

Est. 35% decrease in value since last sale

Current estimated payment $12,244/month

85 Days on Market

About This Home

As of December 2020

564 East Broadway is a four-story, four unit brick building consisting of (3) 4-Bedroom/1-Bathroom units and a street-level office unit. The Property is fully stabilized and has undergone extensive renovations, including new kitchens and bathrooms in units 3 and 4 with modern finishes, brand new forced hot air heating systems in all units as well as central air in the fully remodeled office space, upgraded electrical service, new and refinished hardwood floors and coin-op laundry. Additionally, the potential opportunity exists to legalize a basement unit. Currently vacant and unfinished, the basement unit would be a walk-out with direct entry from H Street. 564 East Broadway is situated in an exceptional urban location in South Boston on one of the main streets in the neighborhood. The East and West sides of Broadway offer countless amenities, with endless dining, retail, and nightlife options, and an MBTA bus stop right in front of the Property.

Last Agent to Sell the Property

John Pentore

Horvath & Tremblay Listed on: 07/14/2020

Co-Listed By

Dennis Kelleher

Horvath & Tremblay

Last Buyer's Agent

Jas Bhogal

Compass

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 1,307

Additional Features

  • Wood Flooring
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 0602992000

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 580.75
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Levels: 4
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 1910

Interior Features

  • Fireplaces: 3
  • Flooring: Hardwood
  • Total Flrs: 10
  • Total Frplcs: 3
  • No Bedrooms: 12
  • Total Brs: 12
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Fbh: 3
  • Total Hbh: 1
  • No Rooms: 22
  • Basement: Y
  • Basement Features: Full, Unfinished Basement
  • Main Lo: AN2723
  • Main So: BB5918
  • Estimated Sq Ft: 5424.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Brick
  • Roof Material: Rubber
  • Exterior: Brick
  • Foundation: Brick

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, Individually Metered
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping
  • App Common: Washer, Dryer

Lot Info

  • Assessments: 2077300.00
  • Lot: 000
  • Acre: 0.03
  • Lot Size: 1188.00
  • Page: 192
  • Parcel Number: 0602992000
  • Zoning: MFR/LS
  • Lot Description: Corner

Multi Family

  • APOD Available: Yes
  • Total Levels: 4
  • Total Rent: 17450
  • Total Rms: 22
  • No Units: 4
  • Mf Type: 4 Family - 4 Units Up/Down

Tax Info

  • Taxes: 27867.00
  • Assessor Parcel Number: 1414705
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2017
Sold by
Tunney Brion M
Bought by
Srp 564 E Broadway Llc
Current Estimated Value
$1,967,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Outstanding Balance
$1,661,561
Interest Rate
4.15%
Mortgage Type
Commercial
Estimated Equity
$305,671

Purchase Details

Closed on
Dec 29, 2011
Sold by
Manning David F
Bought by
Manning Ft
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Srp 564 E Broadway Llc $1,112,500 --
Srp 564 E Broadway Llc $1,112,500 --
Manning Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srp 564 E Broadway Llc $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2020 12/08/20 Sold $3,025,000 -4.0% $558 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
09/22/2020 09/22/20 Price Changed $3,150,000 -1.5% $581 / Sq Ft
09/08/2020 09/08/20 Price Changed $3,199,000 -1.6% $590 / Sq Ft
07/14/2020 07/14/20 For Sale $3,250,000 -- $599 / 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 -- $2,061,200 $437,800 $1,623,400
2024 -- $2,177,600 $437,800 $1,739,800
2023 $0 $2,250,700 $437,800 $1,812,900
2022 $0 $2,198,700 $437,800 $1,760,900
2021 $0 $2,114,700 $426,300 $1,688,400
2020 $0 $2,077,300 $426,300 $1,651,000
2019 $0 $2,003,500 $426,200 $1,577,300
2018 $0 $1,885,000 $405,500 $1,479,500
2017 $0 $1,798,000 $387,100 $1,410,900
2016 -- $1,608,500 $359,400 $1,249,100
2015 -- $1,338,500 $313,300 $1,025,200
2014 -- $1,317,000 $278,800 $1,038,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72690869

MLS Property Information Network (MLS PIN)

APN: SBOS-000000-000006-002992