NOT LISTED FOR SALE

Estimated Value: $1,944,000 - $2,808,315

8 Beds
5 Baths
3,918 Sq Ft
$577/Sq Ft Est. Value

Sale Details

Date Sold: July 10, 2018

Last sale price $1,785,000 $456 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $14,290 / mo

35 Days on Market

About This Home

As of July 2018

Fantastic value add investment opportunity in blue chip location for long term hold or condo conversion. Large three family on East Sixth near N Street. First floor unit is currently condo quality 2BR 1BA unit, approximately 1290 sqft. Both 2nd & 3rd floors are gutted to the studs, waiting for the new owner to complete. Plans for both 2&3 both called for 6 room 3BR/2BA units with LR DR & EIK , but plans pictured here are just an example and buyer is not bound by them. Buyer has ability to create substantial equity through construction. Post renovation valuation estimated at $2.65-$2.75M. Must be financed privately or commercially, won't qualify for residential. Cash buyers, of course, are also welcome.

Last Agent to Sell the Property

Matt O'Hara

Blair Capital, LLC Listed on: 04/19/2018

Last Buyer's Agent

Matt O'Hara

Blair Capital, LLC Listed on: 04/19/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 3,049

Additional Features

  • Wood Flooring
  • Natural Gas Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number W:06 P:04044 S:000

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 471.92
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1890
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1890

Interior Features

  • Fireplaces: 1
  • Flooring: Wood
  • Total Flrs: 6
  • Total Frplcs: 1
  • No Bedrooms: 8
  • Total Brs: 8
  • Full Bathrooms: 5
  • Total Fbh: 5
  • No Rooms: 17
  • Basement: Y
  • Basement Features: Full
  • Main Lo: AN2962
  • Main So: AN2962
  • Estimated Sq Ft: 3918.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Construction: Frame
  • Roof Material: Rubber
  • Exterior: Vinyl
  • Foundation: Brick

Garage/Parking

  • Parking Feature: On Street Permit

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Stables, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station

Lot Info

  • Assessments: 1424100.00
  • Acre: 0.07
  • Lot Size: 3156.00
  • Page: 211
  • Parcel Number: W:06 P:04044 S:000
  • Zoning: MFR
  • Lot Description: Fenced/Enclosed

Multi Family

  • Total Levels: 3
  • Total Rms: 18
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 14925.00
  • Assessor Parcel Number: 1411569

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2018
Closed on
Jul 10, 2018
Sold by
712 E 6Th Street Llc
Bought by
Mass Elite Properties
Seller's Agent
Matt O'Hara
Blair Capital, LLC
Buyer's Agent
Matt O'Hara
Blair Capital, LLC
List Price
$1,849,000
Sold Price
$1,785,000
Premium/Discount to List
-$64,000
-3.46%
Current Estimated Value
$2,259,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$474,079
Avg. Annual Appreciation
3.09%

Purchase Details

Closed on
Mar 15, 2017
Sold by
Allen Thomas and Allen Anne C
Bought by
712 E 6Th Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,700,000
Interest Rate
4.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 24, 2014
Sold by
Allen Thomas
Bought by
Allen Anne and Allen Thomas F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2006
Sold by
Allen Anne and Allen Margaret M
Bought by
Wellen Lisa and Allen Thomas F

Purchase Details

Closed on
Dec 15, 2003
Sold by
Allen Thomas and Allen Anne C
Bought by
Allen Margaret and Allen Anne C
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
Mass Elite Properties $1,785,000 --
712 E 6Th Llc $1,500,000 --
Allen Anne -- --
Allen Thomas -- --
Wellen Lisa -- --
Allen Margaret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 712 E 6Th Llc $1,700,000
Previous Owner Allen Thomas $310,000
Previous Owner Allen Margaret $46,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/10/2018 07/10/18 Sold $1,785,000 -3.5% $456 / Sq Ft
05/24/2018 05/24/18 Pending -- -- --
04/19/2018 04/19/18 For Sale $1,849,000 -- $472 / 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 $25,479 $2,200,300 $705,400 $1,494,900
2024 $22,983 $2,108,500 $495,800 $1,612,700
2023 $21,363 $1,989,100 $467,700 $1,521,400
2022 $19,674 $1,808,300 $425,200 $1,383,100
2021 $19,295 $1,808,300 $425,200 $1,383,100
2020 $17,368 $1,644,700 $379,600 $1,265,100
2019 $16,564 $1,571,500 $304,400 $1,267,100
2018 $14,925 $1,424,100 $304,400 $1,119,700
2017 $14,357 $1,355,700 $304,400 $1,051,300
2016 $12,968 $1,178,900 $304,400 $874,500
2015 $11,530 $952,100 $242,200 $709,900
2014 $10,186 $809,700 $242,200 $567,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72311709

MLS Property Information Network (MLS PIN)

APN: SBOS-000000-000006-004044

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