NOT LISTED FOR SALE

Estimated Value: $1,234,000 - $1,439,000

5 Beds
3 Baths
2,040 Sq Ft
$660/Sq Ft Est. Value

Last Sold December 08, 2020

Last sale price $1,020,000 $500 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $8,226/month

12 Days on Market

About This Home

As of December 2020

Location Location! Rare opportunity to purchase a three family brownstone in South Boston. Located right off L St and in the middle of East Broadway and the Beach, it’s a walk to everything location. Prior to Covid there has never been a vacancy in the 4 years the mgmt company has been renting the units for the seller. Typically would rent the day or so it goes on the market. Currently Unit 1 and 3 are rented, under lease to 08/31/2021 and unit 2 is vacant. This can work for an owner occupant, a landlord or a developer looking to do a condo conversion. Full basement with walk out rear access, gross area of building is 3,040sqft. Currently professionally managed. Tenants pay utilities. ****** This offering can also be purchase with 598 East 6th.

Last Agent to Sell the Property

Michael Garrity

RF Boston Realty Group Listed on: 09/30/2020

Last Buyer's Agent

Michael Garrity

RF Boston Realty Group Listed on: 09/30/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,036

Year Built

  • Built in 1900

Lot Details

  • 871

Additional Features

  • Wood Flooring
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,036

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Unknown/Mixed
  • List Price Per Sq Ft: 539.22
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Flooring: Wood
  • Total Flrs: 6
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 11
  • Basement: Y
  • Basement Features: Full, Walk Out, Unfinished Basement
  • Main Lo: NB4847
  • Main So: NB4847
  • Estimated Sq Ft: 2040.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Construction: Frame, Brick
  • Roof Material: Rubber
  • Exterior: Brick
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heat Zones: 3
  • Hot Water: Natural Gas

Lot Info

  • Assessments: 825800.00
  • Acre: 0.02
  • Lot Size: 1045.00
  • Page: 000
  • Zoning: RES
  • Lot Description: Level

Multi Family

  • APOD Available: Yes
  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 6500
  • Total Rms: 11
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 8720.45
  • Assessor Parcel Number: 1409262
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2020
Closed on
Dec 3, 2020
Sold by
Patrick K Cleaves Ret
Bought by
Akg Realty Llc
Seller's Agent
Michael Garrity
RF Boston Realty Group
Buyer's Agent
Michael Garrity
RF Boston Realty Group
List Price
$1,100,000
Sold Price
$1,020,000
Premium/Discount to List
-$80,000
-7.27%
Current Estimated Value
$1,346,692

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,692
Avg. Annual Appreciation
5.93%
Original Mortgage
$765,000
Outstanding Balance
$682,293
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$664,399

Purchase Details

Closed on
Jun 21, 2017
Sold by
Cleaves Patrick K
Bought by
Patrick K Cleaves Ret
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
Akg Realty Llc $1,020,000 None Available
Patrick K Cleaves Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akg Realty Llc $765,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2020 12/08/20 Sold $1,020,000 -7.3% $500 / Sq Ft
10/12/2020 10/12/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $1,100,000 -- $539 / 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 $13,036 $1,125,700 $420,900 $704,800
2024 $11,666 $1,070,300 $286,600 $783,700
2023 $10,844 $1,009,700 $270,400 $739,300
2022 $9,987 $917,900 $245,800 $672,100
2021 $9,794 $917,900 $245,800 $672,100
2020 $8,720 $825,800 $233,100 $592,700
2019 $8,290 $786,500 $175,000 $611,500
2018 $7,853 $749,300 $175,000 $574,300
2017 $7,554 $713,300 $175,000 $538,300
2016 $6,826 $620,500 $175,000 $445,500
2015 $6,558 $541,500 $144,700 $396,800
2014 $5,793 $460,500 $144,700 $315,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72734962

MLS Property Information Network (MLS PIN)

APN: SBOS-000000-000006-002447