$925,000
SOLD OCT 15, 2024
-- Bed
-- Bath
6,224 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$149 Per Sq Ft

16% Below List Price

186 Days on Market

Highlights

  • Marina
  • Property is near public transit
  • 5 Car Garage
  • Newly Remodeled
  • Park
  • 3-minute walk to Cuneo Park

About This Home

As of October 2024

DEVELOPMENT OPPORTUNITY! ZBA Approvals for Sale!!! Explore the potential of this property with approved building plans to transform an existing 2-family home into 5 brand-new condominiums! The seller has successfully navigated the approval process, making it hassle-free for the buyer. The proposed construction includes 5 spacious units, with 5 dedicated garage parking spaces. The well-designed floor plans feature four 3-bedroom, 2-bathroom units and one 2-bedroom, 2-bathroom unit. Conveniently located with direct access to multiple transit stops and just steps away from Constitution Beach, this project offers an excellent investment prospect. The property is delivered vacant, presenting a blank canvas for the realization of this lucrative development. Don't miss out on the chance to be part of one of East Boston's hidden gems!

Last Agent to Sell the Property

Paul Passacantilli

EVO Real Estate Group, LLC Listed on: 02/25/2024

Last Buyer's Agent

Paul Passacantilli

EVO Real Estate Group, LLC Listed on: 02/25/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,745

Year Built

  • Built in 1900 | Newly Remodeled

Lot Details

  • 5,000 Sq Ft Lot
  • Near Conservation Area
  • Level Lot

Parking

  • 5 Car Garage

Home Design

  • Home to be built
  • Concrete Perimeter Foundation

Interior Spaces

  • 6,224 Sq Ft Home
  • 3-Story Property

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Brooks Charter Elementary And Middle School
  • Excel High School

Listing and Financial Details

  • Assessor Parcel Number W:01 P:00904 S:000,1331251

Community Details

Overview

  • 5 Units

Recreation

  • Marina
  • Park
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,745

Year Built

Built in 1900 | Newly Remodeled

Lot Details

0

Parking

5

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Buyer Agency: 2
  • New Construction YN: Yes
  • Transaction Broker: 0
  • Year Built Details: To Be Built
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: NewHome
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Living Area: 6224
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN5445
  • LIST PRICE PER Sq Ft: 176.74
  • PRICE PER Sq Ft: 148.62
  • MAIN SO: AN5445

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Frontage Length: 50
  • Home Warranty YN: No
  • Waterfront Features: Beach Front, Harbor, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 5
  • Covered Parking Spaces: 5
  • Garage YN: Yes
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Bike Path, Conservation Area, Marina, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: W:01 P:00904 S:000,1331251
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 5000
  • Lot Size Units: Acres
  • PAGE: 196
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 7745
  • Tax Book Number: 68073

Multi Family

  • Number Of Units Total: 5
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • High School: Excel H.S.
  • Elementary School: Brooks Charter
  • Middle Or Junior School: Brooks Charter

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2022
Closed on
Aug 10, 2022
Sold by
Torgersen Ernest J Est and Torgerson
Bought by
Quan Hao and Krupp Jason
Seller's Agent
Joe Bean
Joe Bean Real Estate
Buyer's Agent
Hao Quan
Cambridge International Realty, LLC
List Price
$799,900
Sold Price
$775,000
Premium/Discount to List
-$24,900
-3.11%
Current Estimated Value
$923,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,437
Avg. Annual Appreciation
5.76%
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 Type Sale Price Title Company
Fiduciary Deed $775,000 None Available
Fiduciary Deed $775,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2024 10/15/24 Sold $925,000 -15.9% $149 / Sq Ft
08/30/2024 08/30/24 Pending -- -- --
08/30/2024 08/30/24 For Sale $1,100,000 +18.9% $177 / Sq Ft
05/09/2024 05/09/24 Off Market $925,000 -- --
02/26/2024 02/26/24 For Sale $1,100,000 +41.9% $177 / Sq Ft
08/12/2022 08/12/22 Sold $775,000 -3.1% $355 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $799,900 -- $366 / 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 $6,608 $570,600 $348,300 $222,300
2024 $6,476 $594,100 $274,100 $320,000
2023 $7,745 $721,100 $261,100 $460,000
2022 $7,329 $673,600 $243,900 $429,700
2021 $6,845 $641,500 $232,300 $409,200
2020 $6,034 $571,400 $233,700 $337,700
2019 $5,476 $519,500 $159,600 $359,900
2018 $4,950 $472,300 $159,600 $312,700
2017 $4,546 $429,300 $159,600 $269,700
2016 $4,293 $390,300 $159,600 $230,700
2015 $4,028 $332,600 $123,600 $209,000
2014 $3,668 $291,600 $123,600 $168,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73205366

MLS Property Information Network (MLS PIN)

APN: EBOS-000000-000001-000904