NOT LISTED FOR SALE

7 Forbes St Jamaica Plain, MA 02130

Jamaica Plain Neighborhood

Estimated Value: $1,197,887 - $1,313,000

8 Beds
3 Baths
3,810 Sq Ft
$333/Sq Ft Est. Value

Last Sold October 11, 2023

Last sale price $1,150,000 $302 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,760/month

About This Home

As of October 2023

See attached brochure

Last Agent to Sell the Property

Roberto Magno

Castlearch Property Advisors Listed on: 09/27/2023

Last Buyer's Agent

Won Ra

Premier Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,999

Year Built

  • Built in 1900

Lot Details

  • 2,365 Sq Ft Lot
  • Cleared Lot

Home Design

  • Triplex

Interior Spaces

  • 3,810 Sq Ft Home
  • Granite Flooring

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Listing and Financial Details

  • Total Actual Rent $3,500
  • Assessor Parcel Number 1348159

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $42,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,999

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 8
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Living Area: 3810
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: AN3443
  • LIST PRICE PER Sq Ft: 313.65
  • PRICE PER Sq Ft: 301.84
  • MAIN SO: AN1953

Exterior Features

  • Foundation Details: Granite
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 1348159
  • Zoning: 9999
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared
  • Lot Size Acres: 0.05
  • Lot Size Area: 0.05
  • Lot Size Sq Ft: 2365
  • Lot Size Units: Acres
  • PAGE: 9999
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 9999
  • Tax Annual Amount: 9999
  • Tax Book Number: 9999

Multi Family

  • Gross Income: 42000
  • Net Operating Income: 42000
  • Number Of Units Total: 3
  • Total Actual Rent: 3500
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2020
Sold by
Gangemi Nicola
Bought by
Nicola Gangemi 1989 T and Nicola Gangemi
Current Estimated Value
$1,224,193
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
Nicola Gangemi 1989 T -- None Available
Nicola Gangemi 1989 T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pak Tohyong $600,000
Closed Pak Tohyong $600,000
Previous Owner Gangemi Nicola $109,000
Previous Owner Gangemi Nicola $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2023 10/11/23 Sold $1,150,000 -3.8% $302 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/27/2023 09/27/23 For Sale $1,195,000 -- $314 / 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 $12,692 $1,096,000 $322,400 $773,600
2024 $15,843 $1,453,500 $343,200 $1,110,300
2023 $15,156 $1,411,200 $333,200 $1,078,000
2022 $14,217 $1,306,700 $308,500 $998,200
2021 $13,278 $1,244,400 $293,800 $950,600
2020 $12,716 $1,204,200 $263,300 $940,900
2019 $11,540 $1,094,900 $184,900 $910,000
2018 $10,624 $1,013,700 $184,900 $828,800
2017 $9,588 $905,400 $184,900 $720,500
2016 $9,310 $846,400 $184,900 $661,500
2015 $7,955 $656,900 $156,500 $500,400
2014 $7,157 $568,900 $156,500 $412,400
Source: Public Records

Agents Affiliated with this Home

  • Roberto Magno

    Seller's Agent in 2023

    Roberto Magno

    Castlearch Property Advisors

    (617) 823-5303

    2 in this area

    10 Total Sales

    Section Image
  • Won Ra

    Buyer's Agent in 2023

    Won Ra

    Premier Realty Group

    (617) 642-3156

    1 in this area

    44 Total Sales

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73163922

MLS Property Information Network (MLS PIN)

APN: JAMA-000000-000019-000118

Massachusetts Suffolk County Jamaica Plain 02130 Jamaica Plain

7 Forbes St, Jamaica Plain, MA

This home is located at 7 Forbes St, Jamaica Plain, MA 02130 since 27 September 2023 and is currently estimated at $1,267,722, approximately $332 per square foot. This property was built in 1900. 7 Forbes St is a home located in Suffolk County with nearby schools including Nativity Preparatory School and Meridian Academy.

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.

MLS Property Information Network (MLS PIN) 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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