NOT LISTED FOR SALE

8 Grand Ave Revere, MA 02151

Downtown Revere Neighborhood

Estimated Value: $854,000 - $1,091,000

4 Beds
3 Baths
3,635 Sq Ft
$276/Sq Ft Est. Value

Last Sold January 17, 2017

Last sale price $560,000 $154 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $6,113/month

13 Days on Market

About This Home

As of January 2017

Custom built 2 family with lots of appeal and desirable layout. Never on the market before!! Original owners have taken good care of this beautiful home for the last 40+ years... pride of ownership shows everywhere! Split style entrance leads to large fireplaced living room, open dining room & eat in kitchen. Main unit features hardwood floors on all 3 bedrooms, central AC, large double sink bathroom and generous closet space. Lower level offers additional family room with fireplace, laundry & 3/4 bathroom & ALL part of the main unit!! Want to make rental apartment bigger?? No problem - easy to convert rental to a 2-3 bedroom unit. So many possibilities. Really feels like home and it is absolutely not your typical 2 family. Did I mention the roof is only a couple years old, the double driveway & the brick front?? THERE IS TOO MUCH TO MENTION BUT SEEING IS BELIEVING. Walk to top rated schools and local shops/restaurant along Broadway

Last Agent to Sell the Property

Mission Impossible Team

United Brokers Listed on: 11/01/2016

Last Buyer's Agent

William Figueroa

United Brokers

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,323

Year Built

1968

Lot Details

0

Listing Details

  • Lot Description: Other (See Remarks)
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1968

Interior Features

  • Fireplaces: 2
  • Has Basement: Yes
  • Fireplaces: 2
  • Number of Rooms: 11
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
  • Electric: Circuit Breakers
  • Flooring: Tile, Wall to Wall Carpet, Hardwood
  • Basement: Finished
  • Total Levels: 3

Exterior Features

  • Roof: Asphalt/Fiberglass Shingles
  • Construction: Frame, Brick
  • Exterior: Wood, Brick
  • Exterior Features: Porch, Patio
  • Foundation: Poured Concrete, Other (See Remarks)
  • Beach: Ocean
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Cooling Zones: 1
  • Heat Zones: 4
  • Hot Water: Natural Gas
  • Utility Connections: Washer Hookup, Varies per Unit
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Schools

  • Elementary School: Abraham Lincoln
  • Middle School: Sba/Rma
  • High School: Revere Hs

Lot Info

  • Assessor Parcel Number: M:16 B:261B L:9
  • Zoning: RB

Multi Family

  • Cooling Units: 1
  • Heat Units: 1
  • Total Bedrooms: 4
  • Total Fireplaces: 2
  • Total Floors: 3
  • Total Full Baths: 3
  • Total Levels: 2
  • Total Rms: 11
  • Total Rent_1: 900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2016
Closed on
Jan 17, 2017
Sold by
Dibello Ft
Bought by
Velasquez Pedro and Velasquez Porfirio
Seller's Agent
Mission Impossible Team
United Brokers
Buyer's Agent
William Figueroa
United Brokers
List Price
$549,974
Sold Price
$560,000
Premium/Discount to List
$10,026
1.82%
Current Estimated Value
$1,002,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,296
Avg. Annual Appreciation
6.37%
Original Mortgage
$549,857
Outstanding Balance
$459,205
Interest Rate
4.08%
Mortgage Type
FHA
Estimated Equity
$495,910
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
Velasquez Pedro $560,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velasquez Pedro $39,138
Open Velasquez Pedro $549,857
Closed Velasquez Pedro $549,857
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2017 01/17/17 Sold $560,000 +1.8% $154 / Sq Ft
11/14/2016 11/14/16 Pending -- -- --
11/01/2016 11/01/16 For Sale $549,974 -- $151 / 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 $8,323 $917,600 $284,200 $633,400
2024 $8,272 $908,000 $268,400 $639,600
2023 $7,955 $836,500 $224,200 $612,300
2022 $7,997 $768,900 $213,100 $555,800
2021 $7,811 $706,200 $197,400 $508,800
2020 $7,703 $684,100 $197,400 $486,700
2019 $7,381 $609,500 $180,000 $429,500
2018 $6,170 $476,100 $162,600 $313,500
2017 $5,992 $428,300 $142,100 $286,200
2016 $5,608 $388,100 $129,500 $258,600
2015 $5,744 $388,100 $129,500 $258,600
Source: Public Records

Agents Affiliated with this Home

  • Mission Impossible Team

    Seller's Agent in 2017

    Mission Impossible Team

    United Brokers

    (781) 389-2906

    14 in this area

    220 Total Sales

    Mission Impossible Team
    Section Image

  • W

    Buyer's Agent in 2017

    William Figueroa

    United Brokers

    (617) 447-9292

    1 in this area

    43 Total Sales

    William Figueroa
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72088463

MLS Property Information Network (MLS PIN)

APN: REVE-000016-000261B-000009

Massachusetts Suffolk County Revere 02151 Downtown Revere

8 Grand Ave, Revere, MA

This home is located at 8 Grand Ave, Revere, MA 02151 since 01 November 2016 and is currently estimated at $1,002,296, approximately $275 per square foot. This property was built in 1968. 8 Grand Ave is a home located in Suffolk County with nearby schools including Abraham Lincoln School, Staff Sargent James J. Hill Elementary School, and Rumney Marsh Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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