Stockman Farrar Group
Berkshire Hathaway HomeServices Commonwealth Real Estate
(781) 208-5870
59 Total Sales
3 in South End
$330K - $2M Price Range
60 E Springfield St Boston, MA 02118
South End NeighborhoodEstimated Value: $8,009,525
8
Beds
6
Baths
4,938
Sq Ft
$1,622/Sq Ft
Est. Value
About This Home
As of January 2020Beautiful Corner Brick South End Brownstone for sale with 6 units! 5 Residential units and 1 commercial space PAYING 6689.14 + NNN PER MONTH IN ADDITION TO RESIDENTIAL UNITS occupied by a cafe is available for purchase in completely finished, renovated and operational condition. This building has fantastic potential for a new buyer with a built in clientele of medical tenants at Boston Medical Center right across the street. Fantastic opportunity for short term furnished rentals to maximize profit for the people coming from all over the world for medical attention. Minimal expenses for the owner with all units being heated & cooled by Mitsubishi ductless systems. The commercial space is 5 years into a 10 year lease and pays NNN fees of 40.55% of the buildings expenses and PAYING RENT OF 6689.14 per month in rent.
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1910
Lot Details
- 1,307
Additional Features
- Wood Flooring
- Electric Water Heater
- Basement
Listing and Financial Details
- Assessor Parcel Number W:08 P:01470 S:000
Matterport 3D Tour
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 16, 2019
Closed on
Jan 24, 2020
Sold by
Bought by
Seller's Agent
Arthur Deych
Block Realty
Buyer's Agent
Peter Scanlan
Coldwell Banker Realty - Belmont
List Price
$5,600,000
Sold Price
$5,120,000
Premium/Discount to List
-$480,000
-8.57%
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
$2,889,525
Avg. Annual Appreciation
7.13%
Original Mortgage
$2,200,000
Outstanding Balance
$1,909,975
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$6,099,550
Purchase Details
Closed on
Jun 6, 2018
Sold by
Bought by
Purchase Details
Closed on
Mar 20, 2009
Sold by
Bought by
Purchase Details
Closed on
Jan 6, 2006
Sold by
Bought by
Purchase Details
Closed on
Jun 14, 2004
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in South End, MA
-
Stockman Farrar Group
-
Matthew Foley
Matthew Foley
Fenway Property Advisors
(339) 213-8796
53 Total Sales
2 in South End
$454K - $660K Price Range
-
John O'Toole
John O'Toole
Olde Towne Real Estate Co.
(781) 417-3400
78 Total Sales
1 in South End
$1,835,000 Price
-
William Loring
William Loring
William Raveis R.E. & Home Services
(339) 444-2844
25 Total Sales
2 in South End
$1,710,000 Price Range
-
Sam Takla
Sam Takla
Coldwell Banker Realty - Framingham
(351) 444-9205
78 Total Sales
1 in South End
$115,000 Price
-
John Silk
John Silk
Responds QuicklyEngel & Volkers Boston
(508) 762-1632
71 Total Sales
6 in South End
$695K - $3.3M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $5,120,000 | None Available | ||
| $5,400,000 | -- | ||
| $1,300,000 | -- | ||
| $1,200,000 | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $2,200,000 | ||
| Previous Owner | $2,600,000 | ||
| Previous Owner | $280,000 | ||
| Previous Owner | $1,100,000 | ||
| Previous Owner | $379,550 | ||
| Previous Owner | $200,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/31/2020 01/31/20 | Sold | $5,120,000 | -8.6% | $1,037 / Sq Ft |
| 09/12/2019 09/12/19 | Pending | -- | -- | -- |
| 08/23/2019 08/23/19 | For Sale | $5,600,000 | +9.4% | $1,134 / Sq Ft |
| 08/21/2019 08/21/19 | Off Market | $5,120,000 | -- | -- |
| 06/19/2019 06/19/19 | Price Changed | $5,600,000 | +7.7% | $1,134 / Sq Ft |
| 06/07/2019 06/07/19 | Price Changed | $5,200,000 | -1.9% | $1,053 / Sq Ft |
| 06/02/2019 06/02/19 | Price Changed | $5,300,000 | -5.4% | $1,073 / Sq Ft |
| 01/16/2019 01/16/19 | For Sale | $5,600,000 | -- | $1,134 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | -- | $2,797,600 | $791,500 | $2,006,100 |
| 2024 | -- | $2,834,000 | $791,500 | $2,042,500 |
| 2023 | $0 | $2,885,300 | $791,500 | $2,093,800 |
| 2022 | $0 | $2,812,500 | $791,500 | $2,021,000 |
| 2021 | $0 | $2,870,900 | $785,400 | $2,085,500 |
| 2020 | $0 | $2,842,600 | $785,400 | $2,057,200 |
| 2019 | $0 | $2,754,000 | $785,400 | $1,968,600 |
| 2018 | $0 | $2,612,500 | $748,800 | $1,863,700 |
| 2017 | $0 | $2,485,000 | $712,300 | $1,772,700 |
| 2016 | -- | $2,129,500 | $659,600 | $1,469,900 |
| 2015 | -- | $1,741,000 | $474,000 | $1,267,000 |
| 2014 | -- | $1,621,000 | $417,100 | $1,203,900 |
Source: Public Records
Agents Affiliated with this Home
-
Arthur Deych
Seller's Agent in 2020
Arthur Deych
Block Realty
(617) 869-4907
1 in this area
134 Total Sales
-
Peter Scanlan
Buyer's Agent in 2020
Peter Scanlan
Coldwell Banker Realty - Belmont
(781) 883-7867
60 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72441770
APN: CBOS-000000-000008-001470
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.
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