NOT LISTED FOR SALE

Estimated Value: $665,000 - $807,000

3 Beds
2 Baths
1,651 Sq Ft
$443/Sq Ft Est. Value

Last Sold November 07, 2024

Last sale price $707,000 $428 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,307/month

34 Days on Market

Highlights

  • Property is near public transit
  • Park
  • Fenced

About This Home

As of November 2024

Gorgeously renovated 2-family home in a prime Revere location! Nestled on a quiet side street between Revere Beach/1A and Route 60, this split-style multi-unit offers abundant natural light and modern finishes throughout. Both units feature stainless steel appliances, granite countertops, and gleaming hardwood floors. The well-maintained, fenced-in yard is perfect for outdoor relaxation, and off-street parking adds convenience. Current rents are below market, providing an excellent investment opportunity with leases ending on 5/31/25. Don't miss this chance to own a stunning property in a highly sought-after area!

Last Agent to Sell the Property

Josephine Marino DiMarzo

Lyv Realty Listed on: 08/21/2024

Last Buyer's Agent

Luis Martins

RE/MAX Synergy

RE/MAX Synergy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,671

Year Built

  • Built in 1982

Lot Details

  • 3,485 Sq Ft Lot
  • Fenced

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,651 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $4,070
  • Assessor Parcel Number M:18 B:324B L:19,1373905

Community Details

Recreation

  • Park

Additional Features

  • 2 Units
  • Net Operating Income $48,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,671

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1982
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Living Area: 1651
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN5767
  • MAIN SO: AN3531

Exterior Features

  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: Oil

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Highway Access
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:18 B:324B L:19,1373905
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.08
  • Lot Size Sq Ft: 3485
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5671

Multi Family

  • Net Operating Income: 48840
  • Number Of Units Total: 2
  • Total Actual Rent: 4070
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Nov 7, 2024
Sold by
Arres 359 Shirley St Llc
Bought by
Melgar-Alas Deysi
Seller's Agent
Josephine Marino DiMarzo
Lyv Realty
Buyer's Agent
Luis Martins
RE/MAX Synergy
List Price
$749,000
Sold Price
$707,000
Premium/Discount to List
-$42,000
-5.61%
Views
71
Current Estimated Value
$730,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,709
Avg. Annual Appreciation
2.88%
Original Mortgage
$671,650
Outstanding Balance
$663,524
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$67,185

Purchase Details

Listed on
Dec 12, 2019
Closed on
Jan 30, 2020
Sold by
Argueta Jose R
Bought by
359 Shirley Street Llc
Seller's Agent
Rosa Martinez
Hacienda Realty
Buyer's Agent
Josephine Marino DiMarzo
Lyv Realty
List Price
$549,999
Sold Price
$560,000
Premium/Discount to List
$10,001
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%

Purchase Details

Closed on
Oct 1, 2019
Sold by
Us Bank Na Tr
Bought by
Argueta Jose R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,400
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 2018
Sold by
Giovannucci Joseph G and Us Bank Na
Bought by
Us Bank Na Tr

Purchase Details

Closed on
Aug 9, 1994
Sold by
Racana Rose
Bought by
Giovannucci Joseph G and Giovannucci Diane R
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
Melgar-Alas Deysi $707,000 None Available
Melgar-Alas Deysi $707,000 None Available
Melgar-Alas Deysi $707,000 None Available
359 Shirley Street Llc $560,000 None Available
359 Shirley Street Llc $560,000 None Available
359 Shirley Street Llc $560,000 None Available
Argueta Jose R $456,750 --
Argueta Jose R $456,750 --
Argueta Jose R $456,750 --
Us Bank Na Tr $500,000 --
Us Bank Na Tr $500,000 --
Us Bank Na Tr $500,000 --
Giovannucci Joseph G $140,000 --
Giovannucci Joseph G $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melgar-Alas Deysi $671,650
Closed Melgar-Alas Deysi $671,650
Previous Owner Argueta Jose R $365,400
Previous Owner Giovannucci Joseph G $206,550
Previous Owner Giovannucci Joseph G $174,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2024 11/07/24 Sold $707,000 -2.9% $428 / Sq Ft
10/25/2024 10/25/24 Price Changed $727,999 0.0% $441 / Sq Ft
09/24/2024 09/24/24 Pending -- -- --
09/11/2024 09/11/24 Price Changed $727,999 -2.8% $441 / Sq Ft
08/21/2024 08/21/24 For Sale $749,000 +33.8% $454 / Sq Ft
01/31/2020 01/31/20 Sold $560,000 +1.8% $331 / Sq Ft View Prior Sale
12/16/2019 12/16/19 Pending -- -- --
12/12/2019 12/12/19 For Sale $549,999 -- $325 / 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 $5,883 $648,600 $260,200 $388,400
2024 $5,671 $622,500 $236,600 $385,900
2023 $5,488 $577,100 $206,600 $370,500
2022 $5,607 $539,100 $197,100 $342,000
2021 $6,302 $569,800 $181,400 $388,400
2020 $5,434 $482,600 $173,500 $309,100
2019 $5,187 $428,300 $157,700 $270,600
2018 $5,380 $415,100 $156,100 $259,000
2017 $5,006 $357,800 $119,900 $237,900
2016 $4,010 $277,500 $104,100 $173,400
2015 $4,107 $277,500 $104,100 $173,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73280350

MLS Property Information Network (MLS PIN)

APN: REVE-000018-000324B-000019