NOT LISTED FOR SALE

Estimated Value: $1,455,000 - $1,775,623

12 Beds
6 Baths
4,410 Sq Ft
$358/Sq Ft Est. Value

Last Sold January 19, 2022

Last sale price $1,550,000 $351 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $10,415/month

23 Days on Market

About This Home

As of January 2022

Fully Deleaded Turnkey Investment Opportunity in Dorchester Center with 5 off-street parking spaces! 60 Lithgow Street is a massive double bowed 3-family with all layouts consisting of 4 bedrooms and 2 bathrooms. This meticulously renovated building has been restored and remodeled to the standards of today’s living - modern kitchens and bathrooms, stainless steel appliances, new rubber roof, Bosch tankless hot water systems, new HVAC, updated electrical, and brand new vinyl siding. Just minutes from multiple MBTA stations and walking distance to several bus lines. Whether you're rolling funds from a 1031 exchange or want to sell these units as condos (Mylar plans in hand), it is hard to find a better place to park your money before the end of the year! Extra monthly income can be generated by renting the parking spaces in the rear separately as well as the coin operated washers and dryers in the basement maximizing your investment!

Last Agent to Sell the Property

Aranson Maguire Group

Compass Listed on: 11/10/2021

Compass

Last Buyer's Agent

Non Member

Non Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,507

Year Built

  • 1905

Lot Details

  • 5,227

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,507

Year Built

1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Between Talbot Ave and Wainwright St
  • Garage Yn: No
  • Efficiency: Thermostat
  • Road Frontage Type: Public
  • Year Built Details: Approximate,Renovated Since
  • Special Features: None
  • Year Built: 1905

Interior Features

  • Appliances: Gas Water Heater,Tank Water Heaterless
  • Has Basement: Full, Interior Entry, Concrete, Unfinished
  • Total Bathrooms: 6
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 362.81
  • PRICE PER Sq Ft: 351.47
  • MAIN SO: H11111
  • Full Bathrooms: 6
  • Total Bedrooms: 12
  • Door Features: Insulated Doors
  • Fireplace: No
  • Flooring: Tile,Hardwood
  • Stories: 6
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Rubber
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Deck
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street
  • Open Parking: Yes
  • Total Parking Spaces: 5

Utilities

  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • LOT SIZE: 5392
  • PAGE: 157
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 5227.2
  • Zoning: R3

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2
  • Annual Gross Income: 117000
  • Property Net Operating Income: 117000
  • Number Of Units Total: 3
  • Total Actual Rent: 9750

Tax Info

  • Tax Annual Amount: 9701
  • Tax Book Number: 63770
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Jan 19, 2022
Sold by
60 Lithgow Street Llc
Bought by
Caluori Brian D
Seller's Agent
Aranson Maguire Group
Compass
Buyer's Agent
Non Member
Non Member Office
List Price
$1,599,999
Sold Price
$1,550,000
Premium/Discount to List
-$49,999
-3.12%
Current Estimated Value
$1,635,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,739
Avg. Annual Appreciation
1.36%
Original Mortgage
$1,240,000
Outstanding Balance
$1,156,728
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$469,512

Purchase Details

Listed on
Aug 5, 2020
Closed on
Sep 9, 2020
Sold by
Gillan Ft
Bought by
60 Lithgow Street Llc
Seller's Agent
Krystyn Elek
Compass
Buyer's Agent
Zechariah Cook
Douglas Elliman Real Estate - Park Plaza
List Price
$850,000
Sold Price
$1,075,009
Premium/Discount to List
$225,009
26.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.13%

Purchase Details

Closed on
Feb 22, 2016
Sold by
Gillan Mary A
Bought by
Gillan Ft
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
Caluori Brian D $1,550,000 None Available
60 Lithgow Street Llc $1,075,000 None Available
Gillan Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caluori Brian D $1,240,000
Previous Owner 60 Lithgow Street Llc $725,000
Previous Owner Puckerin Shirley $68,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2022 01/19/22 Sold $1,550,000 -3.1% $351 / Sq Ft
12/04/2021 12/04/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $1,599,999 +48.8% $363 / Sq Ft
09/15/2020 09/15/20 Sold $1,075,009 +26.5% $244 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $850,000 -- $193 / 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 $17,507 $1,511,800 $318,500 $1,193,300
2024 $15,468 $1,419,100 $269,600 $1,149,500
2023 $14,375 $1,338,500 $254,300 $1,084,200
2022 $10,836 $996,000 $220,400 $775,600
2021 $9,701 $909,200 $228,500 $680,700
2020 $8,153 $772,100 $237,200 $534,900
2019 $7,074 $671,200 $166,700 $504,500
2018 $6,511 $621,300 $166,700 $454,600
2017 $6,263 $591,400 $166,700 $424,700
2016 $5,969 $542,600 $166,700 $375,900
2015 $4,922 $406,400 $115,500 $290,900
2014 $4,516 $359,000 $115,500 $243,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72918291

MLS Property Information Network (MLS PIN)

APN: DORC-000000-000017-004798