NOT LISTED FOR SALE

Estimated Value: $1,048,000 - $1,415,519

9 Beds
4 Baths
3,603 Sq Ft
$328/Sq Ft Est. Value

Last Sold December 28, 2016

Last sale price $749,000 $208 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $6,918/month

346 Days on Market

About This Home

As of December 2016

Massive 3 family home featuring 9 bedrooms & 4 full baths. This home has breathtaking views of Boston & Revere Beach. from each level. Huge concrete deck in front of house for entertaining large amounts of friends and family. Storage Sheds in backyard as well as huge water fountains to give it a European look. Three over-sized garages for all 3 units plus off street parking for 4-6 more cars with access from Florence Ave to home. House has many updates in each unit which include tile floors, separate gas heat and water tanks, decks in back of each unit plus separate private balconies to enjoy the sunset or drink your morning coffee. Potential addition in law in basement as well. This is a prime piece of real estate for the right person!! One of the highest points in Revere for viewing the whole city of Boston!!

Last Agent to Sell the Property

Richard Palladino

Century 21 North East Listed on: 11/09/2015

Century 21 North East

Last Buyer's Agent

Olga Rotaru

LAER Realty Partners

LAER Realty Partners

Property Details

Home Type

Multi-Family

Year Built

1910

Lot Details

0

Listing Details

  • Lot Description: Wooded, City View(s), Sloping
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 4
  • Year Built: 1910

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 17
  • Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, Public School, T-Station
  • Electric: Circuit Breakers, 100 Amps
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Tile
  • Basement: Full, Bulkhead, Concrete Floor
  • Total Levels: 4

Exterior Features

  • Roof: Rubber
  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Deck, Balcony, Storage Shed, City View(s), Garden Area
  • Foundation: Poured Concrete
  • Beach: Ocean
  • Beach Ownership: Public
  • Waterview Flag: Yes

Garage/Parking

  • Garage Spaces: 3
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 3

Utilities

  • Heat Zones: 3
  • Hot Water: Tank
  • Utility Connections: for Gas Range, for Gas Oven, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Lot Info

  • Zoning: 3 Family

Multi Family

  • Heat Units: 3
  • Total Bedrooms: 9
  • Total Floors: 6
  • Total Full Baths: 4
  • Total Levels: 3
  • Total Rms: 17
  • Total Rent_1: 2130
  • Waterview: Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2015
Closed on
Dec 28, 2016
Sold by
Ruggiero Ft and Ruggiero
Bought by
Gaonkar Sameer N and Mallick Sangita K
Seller's Agent
Richard Palladino
Century 21 North East
Buyer's Agent
Olga Rotaru
LAER Realty Partners
List Price
$749,000
Sold Price
$749,000
Current Estimated Value
$1,181,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,630
Avg. Annual Appreciation
5.23%
Original Mortgage
$561,750
Outstanding Balance
$458,231
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$723,399

Purchase Details

Closed on
Nov 21, 2011
Sold by
Ruggiero Ft and Ruggiero
Bought by
Ruggiero Ft and Ruggiero
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gaonkar Sameer N $800,000 --
Gaonkar Sameer N $800,000 --
Ruggiero Ft -- --
Ruggiero Ft -- --
Ruggiero Ft -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaonkar Sameer N $561,750
Closed Ruggiero Ft $561,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2016 12/28/16 Sold $749,000 0.0% $208 / Sq Ft
10/20/2016 10/20/16 Pending -- -- --
10/11/2016 10/11/16 For Sale $749,000 0.0% $208 / Sq Ft
10/09/2016 10/09/16 Off Market $749,000 -- --
06/03/2016 06/03/16 Price Changed $749,000 -25.0% $208 / Sq Ft
02/10/2016 02/10/16 For Sale $999,000 +33.4% $277 / Sq Ft
02/09/2016 02/09/16 Off Market $749,000 -- --
11/09/2015 11/09/15 For Sale $999,000 -- $277 / 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 $8,427 $929,100 $259,600 $669,500
2024 $8,137 $893,200 $245,200 $648,000
2023 $7,748 $814,700 $204,800 $609,900
2022 $7,170 $689,400 $194,700 $494,700
2021 $7,002 $633,100 $180,300 $452,800
2020 $6,926 $615,100 $180,300 $434,800
2019 $6,334 $523,000 $164,400 $358,600
2018 $6,185 $477,200 $148,500 $328,700
2017 $5,716 $408,600 $129,800 $278,800
2016 $4,826 $334,000 $118,300 $215,700
2015 $4,943 $334,000 $118,300 $215,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71929833

MLS Property Information Network (MLS PIN)

APN: REVE-000007-000121-000037