NOT LISTED FOR SALE

Estimated Value: $896,000 - $1,175,198

7 Beds
3 Baths
3,500 Sq Ft
$301/Sq Ft Est. Value

Last Sold March 08, 2022

Last sale price $1,050,000 $300 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,813/month

1 Day on Market

Highlights

  • Property is near public transit
  • 5-minute walk to Morton Street
  • Cooling Available
  • Wood Flooring
  • Porch
  • Park

About This Home

As of March 2022

Three family in a great location. Unit 3 to be delivered vacant.  Great income potential. Each unit is oversized with a large eat in kitchen, dining room,  2+ bedrooms and hardwood floors throughout.  Vinyl sided with a large front porch. Roof is approximately 10 years old. Newer water heaters. Large basement with good height and a walk out. Minutes to Commuter Rail, Bus Station, Red Line and all major highways. Sellers have invested 148K in 22 months. Upgrades include finished basement 35K, new furnace 2nd floor 12K, front and back halls 35K, 3rd floor renovations 37K, 2nd floor renovations 12K, and 1st floor renovations 12K.   Commuter Open House Wednesday 1/19/22 4-6pm. Offers will be presented as submitted. Seller offers no warranties and reserves the right to accept any offer at any time. Offer Accepted - showings for backup offers.

Last Agent to Sell the Property

Maria Triolo

Coldwell Banker Realty - Lexington Listed on: 01/16/2022

Coldwell Banker Realty - Lexington

Last Buyer's Agent

Yasira Fernandez

Access

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,857

Year Built

  • Built in 1905

Lot Details

  • 3,049 Sq Ft Lot
  • Fenced

Parking

  • Open Parking

Home Design

  • 3,500 Sq Ft Home
  • Triplex
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Schools

  • Pauline Agassiz Elementary School
  • Young Achievers Middle School
  • Boston Internat High School

Utilities

  • Cooling Available
  • Heating Available
  • 110 Volts
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Range
  • Porch
  • Property is near public transit
  • Finished Basement

Listing and Financial Details

  • Total Actual Rent $6,500
  • Rent includes unit 1(water hot water), unit 2(water hot water), unit 3(water hot water)
  • Tax Block 04020
  • Assessor Parcel Number W:14 P:04020 S:000,1362645

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops

Recreation

  • Park

Building Details

  • Insurance Expense $2,614
  • Water Sewer Expense $3,400
  • Operating Expense $3,600
  • Net Operating Income $78,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,857

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1905
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Tile,Vinyl,Hardwood
  • Interior Amenities: Kitchen
  • Fireplace YN: No
  • Appliances: Range, Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Finished
  • Living Area: 3500
  • Stories Total: 6
  • MAIN LO: AC0756
  • LIST PRICE PER Sq Ft: 300
  • PRICE PER Sq Ft: 300
  • MAIN SO: AN4691

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC)
  • Heating: Hot Water,Natural Gas, Unit 1(Hot Water Radiators,Gas), Unit 2(Hot Water Radiators,Gas), Unit 3(Hot Water Radiators,Gas)
  • Cooling Y N: Yes
  • Electric: 110 Volts
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park
  • Rent Includes: Unit 1(Water,Hot Water), Unit 2(Water,Hot Water), Unit 3(Water,Hot Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 3400

Lot Info

  • Parcel Number: W:14 P:04020 S:000,1362645
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • LOT SIZE: 3138
  • PAGE: 45

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7857
  • Tax Block: 04020
  • Tax Book Number: 62833
  • Tax Lot: 000
  • Tax Map Number: 14

Multi Family

  • Gross Income: 78000
  • Insurance Expense: 2614
  • Net Operating Income: 78000
  • Number Of Units Total: 3
  • Operating Expense: 3600
  • Total Actual Rent: 6500
  • LEVELS 1: 1
  • Basement Included Sq Ft: Yes
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: Boston Internat
  • Elementary School: Pauline Agassiz
  • Middle Or Junior School: Young Achievers

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2019
Closed on
Apr 9, 2020
Sold by
Jean-Francois Luckson and Jean-Francois Jean Marie
Bought by
Cabey Christon and Weekes-Cabey Colorene
Seller's Agent
Jerry Smith
LDS Realty Group, Inc.
Buyer's Agent
Kate Duggan
Bostonia Properties
List Price
$889,000
Sold Price
$850,000
Premium/Discount to List
-$39,000
-4.39%
Current Estimated Value
$1,077,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,715
Avg. Annual Appreciation
4.30%
Original Mortgage
$630,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2006
Sold by
Ihenetu Charles and Ihenetu Chizoba
Bought by
Lafortune Marie R and Lafortune Pierre J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2004
Sold by
Nwatu Dorothy U and Nwatu Onah I
Bought by
Ihenetu Charles and Ihenetu Chizoba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 15, 1998
Sold by
Bowman Isaac and Morris Angela
Bought by
Nwatu Onah I and Nwatu Dorothy U

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,250
Interest Rate
7.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 1989
Sold by
Watkins Addie Est
Bought by
Bowman Isaac
Source: Public Records

Range of Values:

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Average Value
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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
Cabey Christon $850,000 None Available
Lafortune Marie R $540,000 --
Ihenetu Charles $527,000 --
Nwatu Onah I $132,500 --
Bowman Isaac $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rosa Christian $982,905
Closed Cabey Christon $630,000
Previous Owner Jean-Francois Luckson $697,140
Previous Owner Lafortune Marie R $459,000
Previous Owner Bowman Isaac $400,000
Previous Owner Bowman Isaac $127,000
Previous Owner Bowman Isaac $117,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2022 03/08/22 Sold $1,050,000 0.0% $300 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
01/16/2022 01/16/22 For Sale $1,050,000 +23.5% $300 / Sq Ft
04/10/2020 04/10/20 Sold $850,000 -3.3% $243 / Sq Ft
02/05/2020 02/05/20 Pending -- -- --
01/03/2020 01/03/20 Price Changed $879,000 -1.1% $251 / Sq Ft
09/24/2019 09/24/19 For Sale $889,000 +25.2% $254 / Sq Ft
05/07/2019 05/07/19 Sold $710,000 -6.6% $203 / Sq Ft
05/07/2019 05/07/19 Pending -- -- --
04/26/2019 04/26/19 For Sale $759,900 0.0% $217 / Sq Ft
04/15/2019 04/15/19 Price Changed $759,900 +2.7% $217 / Sq Ft
01/15/2019 01/15/19 Pending -- -- --
12/07/2018 12/07/18 Price Changed $739,900 -2.6% $211 / Sq Ft
11/17/2018 11/17/18 Price Changed $759,900 -3.8% $217 / Sq Ft
10/15/2018 10/15/18 For Sale $789,900 -- $226 / 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 $10,331 $892,100 $244,900 $647,200
2024 $11,170 $1,024,800 $285,700 $739,100
2023 $8,699 $810,000 $203,800 $606,200
2022 $8,012 $736,400 $185,300 $551,100
2021 $7,857 $736,400 $185,300 $551,100
2020 $6,311 $597,600 $190,600 $407,000
2019 $5,724 $543,100 $137,800 $405,300
2018 $5,081 $484,800 $137,800 $347,000
2017 $5,033 $475,300 $137,800 $337,500
2016 $4,753 $432,100 $137,800 $294,300
2015 $4,441 $366,700 $97,000 $269,700
2014 $4,119 $327,400 $97,000 $230,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72934299

MLS Property Information Network (MLS PIN)

APN: MATT-000000-000014-004020