NOT LISTED FOR SALE

Estimated Value: $835,354

1 Bed
2 Baths
2,975 Sq Ft
$281/Sq Ft Est. Value

Last Sold December 12, 2021

Last sale price $690,000 $232 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,912/month

95 Days on Market

About This Home

As of December 2021

This is a mixed use property. First floor consisting of a long established bar / restaurant. On the second floor there is a studio apartment and also there is a 3rd unit consisting of a small office with a full bathroom. Property is located on a extremely busy street. Licenses for the bar / restaurant have been renewed for 2021. Full liquor license, patio license, jukebox license, entertainment license, food license and pinball license. ( All licenses must be approved by the city of Quincy and ABBC)

Last Agent to Sell the Property

George Pepdjonovic

Compass Listed on: 06/04/2021

Compass

Last Buyer's Agent

Duong Nguyen

CRK Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,171

Year Built

  • 1910

Lot Details

  • 8,276

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,171

Year Built

1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Use GPS
  • Garage Yn: No
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1910

Interior Features

  • Appliances: Gas Water Heater, Utility Connections for Gas Range
  • Has Basement: Partial, Bulkhead
  • MAIN LO: A95555
  • MAIN SO: AN5078
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Tile,Vinyl,Carpet,Varies Per Unit,Hardwood
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Foundation Details: Stone, Granite
  • Construction Type: Frame, Block
  • Disclosures: Agent Is Owner. This Will Require A Commercial / Mixed Use Bank Loan.
  • Lot Features: Level
  • Patio And Porch Features: Porch
  • Waterfront Features: Beach Front, Bay, 0 to 1/10 Mile To Beach
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Electric: 110 Volts, Circuit Breakers
  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Water Source: Public

Lot Info

  • LOT SIZE: 8370
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 8276.4
  • Zoning: BUSB

Multi Family

  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: N
  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 13749.5
  • Tax Book Number: 30947
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Dec 20, 2021
Sold by
Pepdjonovic George and Griess Ghia M
Bought by
609 Washington Street Llc
Seller's Agent
George Pepdjonovic
Compass
Buyer's Agent
Duong Nguyen
CRK Group, LLC
List Price
$1,075,000
Sold Price
$690,000
Premium/Discount to List
-$385,000
-35.81%
Current Estimated Value
$835,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,354
Avg. Annual Appreciation
4.97%
Original Mortgage
$517,500
Outstanding Balance
$473,871
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$361,483

Purchase Details

Closed on
Jun 2, 2016
Sold by
Our House Rt and Pepdjonovic
Bought by
Brennick Maura R and Griess Ghia M

Purchase Details

Closed on
Jan 15, 2016
Sold by
Mgm Holdings Llc
Bought by
Our House Rt and Pepdjonovic

Purchase Details

Closed on
Jan 23, 2013
Sold by
Mgm Holdings Llc
Bought by
Our House Rt and Pepdjonovic

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2007
Sold by
Crowley
Bought by
Mgm Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.33%
Mortgage Type
Commercial

Purchase Details

Closed on
May 3, 1995
Sold by
Ninichello Michael J and Minichello Mary L
Bought by
T & M Rt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
8.36%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
609 Washington Street Llc $690,000 None Available
Brennick Maura R -- --
Our House Rt -- --
Our House Rt $260,000 --
Mgm Holdings Llc $225,000 --
Mgm Holdings Llc $225,000 --
T & M Rt $200,000 --
T & M Rt $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 609 Washington Street Llc $517,500
Previous Owner T & M Rt $300,000
Previous Owner Mgm Holdings Llc $300,000
Previous Owner T & M Rt $199,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2021 12/12/21 Sold $690,000 -23.3% $232 / Sq Ft
09/07/2021 09/07/21 Pending -- -- --
08/03/2021 08/03/21 Price Changed $899,995 -8.2% $303 / Sq Ft
07/21/2021 07/21/21 Price Changed $979,950 -1.9% $329 / Sq Ft
07/01/2021 07/01/21 Price Changed $998,950 -4.9% $336 / Sq Ft
06/15/2021 06/15/21 Price Changed $1,050,000 -2.3% $353 / Sq Ft
06/04/2021 06/04/21 For Sale $1,075,000 -- $361 / 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 $18,171 $789,700 $278,800 $510,900
2024 $16,079 $716,200 $276,100 $440,100
2023 $0 $625,700 $273,400 $352,300
2022 $0 $542,300 $260,300 $282,000
2021 $0 $473,600 $257,700 $215,900
2020 $0 $459,500 $255,200 $204,300
2019 $0 $446,100 $252,700 $193,400
2018 $0 $446,100 $250,200 $195,900
2017 $0 $433,600 $242,800 $190,800
2016 -- $427,700 $242,800 $184,900
2015 -- $423,800 $242,800 $181,000
2014 $15,075 $401,300 $242,800 $158,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72844010

MLS Property Information Network (MLS PIN)

APN: QUIN-002067A-000000-000002