NOT LISTED FOR SALE

Estimated Value: $761,474

5 Beds
2 Baths
2,088 Sq Ft
$365/Sq Ft Est. Value

Last Sold February 01, 2023

Last sale price $650,000 $311 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,883/month

175 Days on Market

Highlights

  • Medical Services
  • 0.18 Acre Lot
  • Wooded Lot
  • City View
  • Property is near public transit
  • 1-minute walk to Sacramone Park

About This Home

As of February 2023

Attention investors & developers, this large underdeveloped parcel + vacant 2 family presents an opportunity for in-fill housing in a highly desirable neighborhood of Everett. The 2 family on the property, which sits on just under 1/3rd of the lot, is in need of updates but full of potential. 5+ bedrooms span 3 floors with almost 2,100 sq feet of living space, plus driveway parking for 2+ vehicles on an attractive corner lot. The additional lot adjacent to the backyard is included (also known as 43 Kelvin St), the conjoined lots total roughly ~7,975 sq feet. Conveniently located in a designated Opportunity Zone (QOZ # 25017342400) near the Wellington Orange Line T Station, Revere Beach Parkway, and the Gateway Shopping Center, the property is across the street from Sacramone Park / Playground with prime views of Encore Casino! Enjoy everything the hip up-and-coming hub of Everett has to offer with Nightshift & Aeronaut Breweries and Short Path Distillery all right around the corner!

Last Agent to Sell the Property

Sean Packard

Centre Realty Group Listed on: 07/15/2022

Centre Realty Group

Last Buyer's Agent

Kristopher Proule

EVO Real Estate Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,418

Year Built

  • Built in 1890

Lot Details

  • 7,975 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Level Lot
  • Irregular Lot
  • Wooded Lot
  • Additional Land

Property Views

  • City
  • Scenic Vista

Home Design

  • Shingle Roof

Interior Spaces

  • 2,088 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Assessor Parcel Number 481432

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,418

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1890
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Living Area: 2088
  • Stories Total: 3
  • MAIN LO: BB5200
  • LIST PRICE PER Sq Ft: 377.87
  • PRICE PER Sq Ft: 311.3
  • MAIN SO: AN5445

Exterior Features

  • Fencing: Fenced/Enclosed
  • Foundation Details: Irregular
  • Road Frontage Type: Public
  • Roof: Shingle
  • View: City View(s), Scenic View(s)
  • View YN: Yes
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Private School, Public School, T-Station, University

Lot Info

  • Parcel Number: 481432
  • Zoning: DD
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Wooded, Additional Land Avail., Level
  • Lot Size Acres: 0.18
  • Lot Size Area: 0.18
  • Lot Size Sq Ft: 7975
  • Lot Size Units: Acres
  • PAGE: 174
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6418.02
  • Tax Book Number: 75937

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2024
Sold by
71 Wellington Avenue Llc
Bought by
Ngan Alex
Current Estimated Value
$761,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,200
Outstanding Balance
$440,416
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$90,328

Purchase Details

Closed on
Nov 22, 2023
Sold by
71 Wellington Ave Llc
Bought by
Louis Elta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,200
Outstanding Balance
$440,416
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$90,328

Purchase Details

Closed on
Jan 1, 1983
Bought by
Golini Elena and Golini Yolanda A
Source: Public Records

Range of Values:

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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
Ngan Alex $460,000 None Available
Ngan Alex $460,000 None Available
Louis Elta $600,000 None Available
Louis Elta $600,000 None Available
Golini Elena -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ngan Alex $446,200
Closed Ngan Alex $446,200
Closed Louis Elta $450,000
Previous Owner 71 Wellington Ave Llc $720,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2023 02/01/23 Sold $650,000 -17.6% $311 / Sq Ft
01/07/2023 01/07/23 Pending -- -- --
12/28/2022 12/28/22 Price Changed $789,000 0.0% $378 / Sq Ft
12/28/2022 12/28/22 For Sale $789,000 -2.5% $378 / Sq Ft
09/06/2022 09/06/22 Pending -- -- --
08/03/2022 08/03/22 Price Changed $809,000 -2.4% $387 / Sq Ft
07/15/2022 07/15/22 For Sale $829,000 -- $397 / 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 $8,129 $0 $0 $0
2024 $8,129 $709,300 $268,600 $440,700
2023 $7,936 $673,700 $257,400 $416,300
2022 $6,418 $619,500 $235,000 $384,500
2021 $5,224 $529,300 $159,800 $369,500
2020 $5,492 $516,200 $159,800 $356,400
2019 $5,614 $453,500 $136,600 $316,900
2018 $5,487 $398,200 $118,800 $279,400
2017 $5,096 $352,900 $99,000 $253,900
2016 $4,695 $324,900 $98,300 $226,600
2015 $4,352 $297,900 $85,500 $212,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73012872

MLS Property Information Network (MLS PIN)

APN: EVER-000000-G000001-000034