NOT LISTED FOR SALE

Estimated Value: $646,793 - $735,000

5 Beds
2 Baths
1,762 Sq Ft
$384/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $610,000 $346 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,340/month

5 Days on Market

Highlights

  • Marina
  • Property is near public transit
  • Community Pool
  • Medical Services
  • Wood Flooring
  • Tennis Courts

About This Home

As of May 2022

Unbeatable location, minutes to absolutely everything! This classic two family is nestled back off the street to keep the peace and quiet to a maximum! 1st floor needs some work but is functional. It consists of 3 bedrooms, living room, eat in kitchen and a full bath. 2nd floor offers 2 bedrooms, living room, eat in kitchen, a small office and a full bath. 2nd floor unit is in great condition. Separate utilities, laundry and storage in the basement. At the bottom of the street is recently opened Air Force Road, which gives you a direct shortcut to Revere Beach Pkwy, that can get you to the highways, Gateway Plaza, Encore Casino, Wellington T station, Assembly Row and so much more in no time! Everett is moving forward into the future with tons of infrastructure investments, as well as investments in the well-being of the community in general. Open house Thurs 9/9 6-7pm, Sat 9/11 and Sun 9/12 12-2pm. Offers due by 4pm Monday 9/13.

Last Listed By

Richard Harkins

EWK Realty Listed on: 09/07/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,112

Year Built

  • Built in 1920

Lot Details

  • 2,614 Sq Ft Lot
  • Property fronts an easement
  • Near Conservation Area

Home Design

  • Brick Foundation
  • Stone Foundation

Interior Spaces

  • 1,762 Sq Ft Home
  • Property has 1 Level
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 1 Car Parking Space
  • Shared Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $3,600
  • Assessor Parcel Number M:D0 B:04 L:000144,480499

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • 2 Units
  • Net Operating Income $40,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,112

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Vinyl,Hardwood
  • Fireplace YN: No
  • Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections for Electric Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup
  • Basement: Walk-Out Access, Interior Entry, Concrete
  • Living Area: 1762
  • Stories Total: 3
  • MAIN LO: AC1982
  • LIST PRICE PER Sq Ft: 340.47
  • PRICE PER Sq Ft: 346.2
  • MAIN SO: AN4339

Exterior Features

  • Foundation Details: Stone, Brick/Mortar
  • Road Frontage Type: Public
  • Waterfront Features: Beach Front, Harbor, Ocean, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Shared Driveway, Off Street, Paved
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School

Lot Info

  • Parcel Number: M:D0 B:04 L:000144,480499
  • Zoning: DD
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2613.6
  • Lot Size Units: Acres
  • LOT SIZE: 2801
  • PAGE: 529

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5112
  • Tax Book Number: 36116

Multi Family

  • Gross Income: 40800
  • Net Operating Income: 40800
  • Number Of Units Total: 2
  • Total Actual Rent: 3600
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 1990
Sold by
Palumbo Theresa
Bought by
Ferrone Mario J
Total Days on Market
5
Current Estimated Value
$676,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,750
Interest Rate
10.07%
Mortgage Type
Purchase Money Mortgage

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
Ferrone Mario J $157,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferrone Donna F $241,000
Closed Ferrone Donna F $180,000
Closed Ferrone Mario J $128,000
Closed Ferrone Mario J $141,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $610,000 +1.7% $346 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $599,900 -- $340 / 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 $6,845 $601,000 $230,300 $370,700
2024 $6,505 $567,600 $187,000 $380,600
2023 $6,336 $537,900 $177,800 $360,100
2022 $5,506 $531,500 $171,500 $360,000
2021 $5,112 $517,900 $171,500 $346,400
2020 $5,383 $505,900 $171,500 $334,400
2019 $5,690 $459,600 $163,200 $296,400
2018 $5,575 $404,600 $142,300 $262,300
2017 $5,174 $358,300 $118,600 $239,700
2016 $4,680 $323,900 $109,400 $214,500
2015 $4,434 $303,500 $102,800 $200,700
Source: Public Records

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 72890879

MLS Property Information Network (MLS PIN)

APN: EVER-000000-D000004-000144