R
Seller's Agent in 2022
Ryan Quinn
Grove Property Group
588 E 5th St Unit 590 Boston, MA 02127
South Boston NeighborhoodEstimated Value: $1,321,029 - $1,674,000
7
Beds
7
Baths
2,064
Sq Ft
$728/Sq Ft
Est. Value
About This Home
As of June 2022588 East 5th Street is a turn-key 2-family property located on South Boston's coveted east side. With a "walkscore" of 95, this location gives tenants convenient access to all of South Boston's shops, restaurants, public transit, and the beach. The property is comprised of one 3-bed/2-bath apartment and a 4-bed/2-bath apartment with a shared outdoor space. The strong in place rents bring in $104,400 in gross annual income. The units feature quartz counter tops, stainless steal appliances, hardwood floors, and outdoor space.
Last Agent to Sell the Property
Ryan Quinn
Grove Property Group Listed on: 03/16/2022
Last Buyer's Agent
Ryan Quinn
Grove Property Group Listed on: 03/16/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,885
Year Built
- Built in 1900
Lot Details
- 2,178 Sq Ft Lot
- Waterfront
Interior Spaces
- 2,064 Sq Ft Home
- Property has 1 Level
- Partially Finished Basement
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Full Bathrooms
Community Details
- 2 Units
- Net Operating Income $104,400
Listing and Financial Details
- Total Actual Rent $8,700
- Assessor Parcel Number 1409222
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 16, 2022
Closed on
May 12, 2022
Sold by
588 Southie Llc
Bought by
R Cubed Llc
Seller's Agent
Ryan Quinn
Grove Property Group
Buyer's Agent
Ryan Quinn
Grove Property Group
List Price
$1,585,000
Sold Price
$1,570,000
Premium/Discount to List
-$15,000
-0.95%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$90,547
Avg. Annual Appreciation
-1.21%
Purchase Details
Closed on
Jul 16, 2020
Sold by
Patricia E Devoy Ret
Bought by
588 Southie Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$935,000
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 11, 2011
Sold by
Devoy Patricia E
Bought by
Patricia E Devoy Ret
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| R Cubed Llc | -- | None Available | |
| 588 Southie Llc | $930,000 | None Available | |
| Patricia E Devoy Ret | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 588 Southie Llc | $935,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/08/2022 06/08/22 | Sold | $1,570,000 | -0.9% | $761 / Sq Ft |
| 03/19/2022 03/19/22 | Pending | -- | -- | -- |
| 03/16/2022 03/16/22 | For Sale | $1,585,000 | -- | $768 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $15,784 | $1,363,000 | $415,300 | $947,700 |
| 2024 | $13,173 | $1,208,500 | $320,900 | $887,600 |
| 2023 | $12,020 | $1,119,200 | $297,200 | $822,000 |
| 2022 | $11,271 | $1,035,900 | $275,100 | $760,800 |
| 2021 | $9,886 | $926,500 | $269,700 | $656,800 |
| 2020 | $8,347 | $790,400 | $295,600 | $494,800 |
| 2019 | $7,578 | $719,000 | $202,200 | $516,800 |
| 2018 | $7,042 | $671,900 | $202,200 | $469,700 |
| 2017 | $6,468 | $610,800 | $202,200 | $408,600 |
| 2016 | $5,894 | $535,800 | $202,200 | $333,600 |
| 2015 | $6,007 | $496,000 | $188,100 | $307,900 |
| 2014 | $5,889 | $468,100 | $188,100 | $280,000 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72953734
APN: SBOS-000000-000006-002404
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Nearby Homes
- 562 E 5th St
- 317 K St
- 560 E 5th St Unit 2
- 258 K St
- 594 E 7th St
- 151 L St
- 551 E 7th St
- 527 E 7th St Unit 4
- 527 E 7th St Unit 2
- 527 E 7th St Unit 1
- 511 E 5th St Unit 3F
- 511 E 5th St Unit PH
- 511 E 5th St Unit 3R
- 511 E 5th St Unit 2R
- 309 Emerson St Unit 14
- 309-311 Emerson St Unit 8
- 746 E 4th St
- 616 E 4th St Unit 301
- 616 E 4th St Unit 404
- 493 E 7th St
- 588 E 5th St Unit 1
- 590 E 5th St Unit 2
- 592 E 5th St Unit 594
- 592 E 5th St Unit 2
- 584 E 5th St Unit 586
- 594 E 5th St Unit 1
- 596 E 5th St Unit 1
- 596 E 5th St Unit 598
- 596-598 E 5th St Unit 598
- 582 E 5th St Unit 3
- 582 E 5th St Unit 2
- 582 E 5th St Unit 1
- 598 E 5th St Unit 598
- 598 E 5th St Unit 2
- 602 E 5th St
- 602 E 5th St Unit 1
- 600 E 5th St
- 278 K St Unit 7-PH
- 278 K St Unit 8
- 278 K St Unit 7