NOT LISTED FOR SALE

Estimated Value: $1,523,000 - $2,182,000

6 Beds
5 Baths
3,100 Sq Ft
$627/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $2,525,000 $815 Per Sq Ft

Est. 27% decrease in value since last sale

Current estimated payment $11,597/month

6 Days on Market

Highlights

  • Medical Services
  • Waterfront
  • Property is near public transit
  • Granite Flooring
  • Deck
  • Tennis Courts

About This Home

As of July 2023

A rare new construction 2-family in City Point that sits 50 Yards from M Street beach. This 2.5-story house is undergoing a magnificent high-end renovation including adding a 3rd level with spectacular water views...A great investment property or a great place to live. ready for occupancy at the end of July, 2023.

Last Agent to Sell the Property

Jackie Rooney

Rooney Real Estate, LLC Listed on: 06/23/2023

Last Buyer's Agent

Perry Dinatale

Perry DiNatale Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,967

Year Built

  • Built in 2023

Lot Details

  • 1,552 Sq Ft Lot
  • Waterfront
  • Fenced

Home Design

  • Stone Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 3,100 Sq Ft Home
  • Property has 2 Levels
  • Insulated Windows

Flooring

  • Wood
  • Granite

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Block Basement Construction

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near public transit

Utilities

  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Total Actual Rent $12,000
  • Assessor Parcel Number 1411061

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Additional Features

  • 2 Units
  • Net Operating Income $144,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,967

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 2023
  • Buyer Agency: 2.5
  • Sub Agent Compensation: 2.5
  • Transaction Broker: 2.5
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Owner
  • Special Features: NewHome
  • Stories: 4

Interior Features

  • Flooring: Hardwood
  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full, Finished, Sump Pump, Concrete
  • Living Area: 3100
  • Spa YN: No
  • Stories Total: 4
  • Window Features: Insulated Windows
  • MAIN LO: BB4464
  • LIST PRICE PER Sq Ft: 838.71
  • PRICE PER Sq Ft: 814.52
  • MAIN SO: NB5014

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed
  • Foundation Details: Stone, Granite
  • Home Warranty YN: Yes
  • Patio And Porch Features: Deck - Roof, Patio
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront Features: Beach Front, Harbor, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Electric: 200+ Amp Service
  • Water Source: Public
  • SEWAGE DISTRICT: MWRA

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, House of Worship, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1411061
  • Zoning: R2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Size Sq Ft: 1552
  • Lot Size Units: Acres
  • PAGE: 9999
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9967
  • Tax Book Number: 9999

Multi Family

  • Gross Income: 144000
  • Net Operating Income: 144000
  • Number Of Units Total: 2
  • Total Actual Rent: 12000
  • LEVELS 1: 2
  • Basement Included Sq Ft: Yes
  • 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

Listed on
Jul 5, 2022
Closed on
Aug 18, 2022
Sold by
Martin Gary Est and Martin
Bought by
Tcc Homes Llc
Seller's Agent
Vito Capraro
Aluxety
Buyer's Agent
Sandra Mclaughlin
Century 21 Property Central Inc.
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Current Estimated Value
$1,847,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$797,445
Avg. Annual Appreciation
20.62%
Original Mortgage
$1,645,500
Outstanding Balance
$1,579,226
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$253,117

Purchase Details

Closed on
Aug 29, 2012
Sold by
Martin Ft and Martin
Bought by
Martin Gary
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
Tcc Homes Llc $1,050,000 None Available
Martin Gary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nasar Llc $575,500
Open Tcc Homes Llc $1,645,500
Previous Owner Martin Gary $34,347
Previous Owner Martin Gary $34,347
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $2,525,000 -2.9% $815 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $2,600,000 +147.6% $839 / Sq Ft
08/18/2022 08/18/22 Sold $1,050,000 -4.5% $555 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $1,100,000 -- $581 / 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 $16,718 $1,443,700 $403,200 $1,040,500
2024 $15,946 $1,462,900 $339,300 $1,123,600
2023 $9,879 $919,800 $329,900 $589,900
2022 $9,262 $851,300 $305,300 $546,000
2021 $8,906 $834,700 $299,400 $535,300
2020 $8,521 $806,900 $257,600 $549,300
2019 $8,341 $791,400 $198,800 $592,600
2018 $7,896 $753,400 $198,800 $554,600
2017 $7,253 $684,900 $198,800 $486,100
2016 $6,850 $622,700 $198,800 $423,900
2015 $6,392 $527,800 $180,700 $347,100
2014 $5,651 $449,200 $180,700 $268,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73129030

MLS Property Information Network (MLS PIN)

APN: SBOS-000000-000007-002636