NOT LISTED FOR SALE

Estimated Value: $760,000 - $846,000

5 Beds
3 Baths
2,200 Sq Ft
$361/Sq Ft Est. Value

Last Sold November 01, 2023

Last sale price $760,000 $345 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,002/month

10 Days on Market

Highlights

  • Marina
  • Deck
  • Wood Flooring
  • Waterfront
  • Property is near public transit
  • 2-minute walk to Avalon Beach

About This Home

As of November 2023

If you're on the lookout for an investment property or a multifamily home where you can live on one floor and collect rent from the other unit, look no further. This property on Lawn Ave in Quincy Point is just a stone's throw away from the water. The first floor is spread across two levels. On the main level, you'll find an open living room & dining room, two bedrooms, a full bath, a kitchen with ceramic tile floors and stainless steel appliances. The first floor extends to the lower level, which features a finished room with a full bathroom that can serve as a third bedroom or studio.The second floor consists of four rooms, including two bedrooms and a full bath. Both units boast hardwood floors and newly updated kitchens and bathrooms, complete with ceramic tiles. The property's systems, such as the heating system, hot water tanks, and electrical panels, have also been recently updated.Outside, you'll find a decent yard with fruit trees and a deck. Driveways on both sides.

Last Agent to Sell the Property

Ilya Cobi

William Raveis R. E. & Home Services Listed on: 09/11/2023

William Raveis R. E. & Home Services

Last Buyer's Agent

James Lam

Dream Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,337

Year Built

  • Built in 1923 | Remodeled

Lot Details

  • 3,870 Sq Ft Lot
  • Waterfront
  • Fenced

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,200 Sq Ft Home
  • Property has 2 Levels

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 3 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • 3 Heating Zones
  • Heating Available
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $4,150
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:2003B B:19 L:2219

Community Details

Recreation

  • Marina
  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Shops
  • Net Operating Income $49,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,337

Year Built

Built in 1923 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled
  • Year Built: 1923
  • Buyer Agency: 2.5
  • Transaction Broker: 1
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors)
  • Interior Amenities: Unit 1(Storage,Upgraded Cabinets,Upgraded Countertops,Bathroom with Shower Stall,Bathroom With Tub,Open Floor Plan), Unit 2(Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub,Internet Available - Fiber-Optic), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Living RM/Dining RM Combo,Other (See Remarks)), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Microwave,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Refrigerator), Utility Connections for Gas Range
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Unit 1 Laundry Room
  • Basement: Full, Finished, Interior Entry
  • Living Area: 2200
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: M59500
  • LIST PRICE PER Sq Ft: 327.23
  • PRICE PER Sq Ft: 345.45
  • MAIN SO: A95641

Exterior Features

  • Exterior Features: Deck,Fenced Yard,Fruit Trees, Unit 1 Balcony/Deck
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Bay, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: Unit 1(Other (See Remarks)), Unit 2(Other (See Remarks))
  • Heating: Unit 1(Central Heat,Forced Air,Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: MWRA
  • HEAT UNITS: 2
  • HEAT ZONES: 3
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Marina, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:2003B B:19 L:2219
  • Zoning: RESB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3870
  • Lot Size Units: Acres
  • PAGE: 530
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6337
  • Tax Book Number: 29712

Multi Family

  • Gross Income: 49800
  • Net Operating Income: 49800
  • Number Of Units Total: 2
  • Total Actual Rent: 4150
  • LEVELS 1: 2
  • Basement Included Sq Ft: Yes
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 2
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2013
Sold by
Spahiu Merita
Bought by
Spahiu Merita and Spahiu Agron
Current Estimated Value
$800,465

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 18, 2011
Closed on
Mar 2, 2012
Sold by
Fnma
Bought by
Spahiu Merita
Seller's Agent
Roy Caley
Advisors Living - Boston
Buyer's Agent
Ilya Cobi
William Raveis R. E. & Home Services
List Price
$206,000
Sold Price
$203,900
Premium/Discount to List
-$2,100
-1.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%

Purchase Details

Closed on
Apr 27, 2011
Sold by
Zywina Wioletta and Central Mtg Co
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 16, 2004
Sold by
Murphy Genevieve L and Litchfield Genevieve
Bought by
Zywina Wioletta

Purchase Details

Closed on
Feb 28, 1991
Sold by
Leclair Stephen T
Bought by
Murphy John P
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
Spahiu Merita -- --
Spahiu Merita -- --
Spahiu Merita $203,900 --
Spahiu Merita $203,900 --
Federal National Mortgage Association $260,000 --
Federal National Mortgage Association $260,000 --
Zywina Wioletta $410,000 --
Zywina Wioletta $410,000 --
Murphy John P $139,500 --
Murphy John P $139,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pham Property Mgmt Llc $532,000
Closed Pham Property Mgmt Llc $532,000
Closed Spahiu Merita $153,000
Previous Owner Spahiu Merita $151,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2023 11/01/23 Sold $760,000 +5.6% $345 / Sq Ft
09/22/2023 09/22/23 Pending -- -- --
09/11/2023 09/11/23 For Sale $719,900 +253.1% $327 / Sq Ft
03/01/2012 03/01/12 Sold $203,900 -1.0% $126 / Sq Ft
01/31/2012 01/31/12 Pending -- -- --
12/18/2011 12/18/11 For Sale $206,000 -- $127 / 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 $7,441 $645,400 $251,900 $393,500
2024 $6,980 $619,300 $239,900 $379,400
2023 $6,337 $569,400 $218,100 $351,300
2022 $6,225 $519,600 $198,200 $321,400
2021 $5,590 $460,500 $198,200 $262,300
2020 $5,524 $444,400 $187,000 $257,400
2019 $5,138 $409,400 $173,100 $236,300
2018 $5,136 $385,000 $157,400 $227,600
2017 $4,805 $339,100 $149,900 $189,200
2016 $4,490 $312,700 $136,300 $176,400
2015 $4,424 $303,000 $128,600 $174,400
2014 $4,002 $269,300 $128,600 $140,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73157970

MLS Property Information Network (MLS PIN)

APN: QUIN-002003B-000019-002219