NOT LISTED FOR SALE

7 Independence Ave Quincy, MA 02169

South Quincy Neighborhood

Estimated Value: $659,000 - $884,000

2 Beds
2 Baths
2,224 Sq Ft
$360/Sq Ft Est. Value

Last Sold November 30, 2015

Last sale price $389,500 $175 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $4,886/month

95 Days on Market

About This Home

As of November 2015

Solid two family in business zone with two leases in place. Great investment property with lots of future use potential. Main road close to highway and public transportation. Call now and make an appointment or offer for this unique opportunity.

Last Agent to Sell the Property

Thomas McMahon

Realty 7 Listed on: 06/18/2015

Last Buyer's Agent

Ilya Cobi

William Raveis R. E. & Home Services

William Raveis R. E. & Home Services

Property Details

Home Type

Multi-Family

Year Built

1924

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1924

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 8
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access
  • Flooring: Vinyl, Wall to Wall Carpet
  • Basement: Full, Interior Access, Bulkhead, Concrete Floor

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame
  • Exterior: Brick
  • Foundation: Granite
  • Beach: Bay
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Heat Zones: 2
  • Hot Water: Electric
  • Utility Connections: for Gas Range, for Electric Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:3039 B:23 L:C
  • Zoning: BUSA

Multi Family

  • Heat Units: 2
  • Total Bedrooms: 2
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 8
  • Total Rent_1: 2250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2015
Closed on
Nov 30, 2015
Sold by
Molla Lena O Est
Bought by
Zera Kelard
Seller's Agent
Thomas McMahon
Realty 7
Buyer's Agent
Ilya Cobi
William Raveis R. E. & Home Services
List Price
$550,000
Sold Price
$389,500
Premium/Discount to List
-$160,500
-29.18%
Current Estimated Value
$800,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,317
Avg. Annual Appreciation
7.35%
Original Mortgage
$311,600
Outstanding Balance
$244,407
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$556,410
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zera Kelard $389,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zera Kelard $311,600
Closed Zera Kelard $311,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2015 11/30/15 Sold $389,500 -29.2% $175 / Sq Ft
09/21/2015 09/21/15 Pending -- -- --
06/18/2015 06/18/15 For Sale $550,000 -- $247 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $8,687 $753,400 $250,100 $503,300
2024 $8,152 $723,300 $238,200 $485,100
2023 $7,809 $701,600 $216,500 $485,100
2022 $7,701 $642,800 $180,500 $462,300
2021 $6,616 $545,000 $180,500 $364,500
2020 $6,692 $538,400 $180,500 $357,900
2019 $6,260 $498,800 $170,300 $328,500
2018 $6,324 $474,100 $157,600 $316,500
2017 $5,856 $413,300 $150,100 $263,200
2016 $5,221 $363,600 $130,600 $233,000
2015 $5,284 $361,900 $130,600 $231,300
2014 $4,654 $313,200 $130,600 $182,600
Source: Public Records

Agents Affiliated with this Home

  • Ilya Cobi

    Buyer's Agent in 2015

    Ilya Cobi

    William Raveis R. E. & Home Services

    (617) 943-6503

    3 in this area

    161 Total Sales

    Ilya Cobi
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71860122

MLS Property Information Network (MLS PIN)

APN: QUIN-003039-000023-C000000

Massachusetts Norfolk County Quincy 02169 South Quincy

7 Independence Ave, Quincy, MA

Not Listed for Sale

MultiFamily

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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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