C
Seller's Agent in 2024
Chris Sower
Cushman & Wakefield
804 E 7th St Boston, MA 02127
South Boston NeighborhoodEstimated Value: $5,428,713
9
Beds
18
Baths
32,000
Sq Ft
$170/Sq Ft
Est. Value
Highlights
- New Construction
- 18 Fireplaces
- 4-minute walk to Michael Joyce Memorial Playground
- 0.4 Acre Lot
- Home to be built
About This Home
As of December 2024Presenting 804 E 7th Street, this rarely available, fully approved, residential development opportunity is located in South Boston’s most desirable neighborhood, City Point. Directly across the street from M Street beach, the property offers sweeping views of Boston Harbor and Pleasure Bay. The proposed project consists of the conversion of the 31,995 SF former nursing home into a residential building with twenty-one residential units and twenty-one garage parking spaces. The existing 3-story structure provides great in-place bones for redevelopment. When complete, 804 E 7th will offer future residents unparalleled access to a dynamic mix of amenities and transit options, scattered throughout South Boston and the Seaport.
Last Agent to Sell the Property
Chris Sower
Cushman & Wakefield Listed on: 10/17/2022
Last Buyer's Agent
Chris Sower
Cushman & Wakefield Listed on: 10/17/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,999
Year Built
- Built in 2023 | New Construction
Lot Details
- 0.4 Acre Lot
Parking
- 21 Car Parking Spaces
Home Design
- Home to be built
Interior Spaces
- 32,000 Sq Ft Home
- 18 Fireplaces
Bedrooms and Bathrooms
- 9 Bedrooms
Community Details
- 21 Units
- Property has 9 Levels
Listing and Financial Details
- Total Actual Rent $19,998
- Assessor Parcel Number 1410114
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 17, 2022
Closed on
Dec 30, 2024
Sold by
804 East 7Th Street Llc
Bought by
Cabot Ronan Llc
Seller's Agent
Chris Sower
Cushman & Wakefield
Buyer's Agent
Chris Sower
Cushman & Wakefield
List Price
$4,750,000
Sold Price
$4,250,000
Premium/Discount to List
-$500,000
-10.53%
Views
36
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,178,713
Original Mortgage
$10,120,000
Outstanding Balance
$10,031,144
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 3, 2019
Sold by
Hcri Mass Props T 2
Bought by
East 7Th Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,024,000
Interest Rate
3.7%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 10, 1997
Sold by
Lahaina Realty Lp
Bought by
Health Care Reit Inc
Purchase Details
Closed on
Nov 9, 1995
Sold by
Ocean T
Bought by
Lahaina Rlty Lp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,700,000
Interest Rate
7.62%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cabot Ronan Llc | $4,250,000 | None Available | |
| Cabot Ronan Llc | $4,250,000 | None Available | |
| Cabot Ronan Llc | $4,250,000 | None Available | |
| East 7Th Street Llc | $3,600,000 | Lawyers Title | |
| East 7Th Street Llc | $3,600,000 | Lawyers Title | |
| Health Care Reit Inc | $1,848,000 | -- | |
| Health Care Reit Inc | $1,848,000 | -- | |
| Lahaina Rlty Lp | $1,000,000 | -- | |
| Lahaina Rlty Lp | $1,000,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cabot Ronan Llc | $10,120,000 | |
| Closed | Cabot Ronan Llc | $10,120,000 | |
| Previous Owner | East 7Th Street Llc | $3,024,000 | |
| Previous Owner | Lahaina Rlty Lp | $1,860,000 | |
| Previous Owner | Lahaina Rlty Lp | $3,700,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/30/2024 12/30/24 | Sold | $4,250,000 | -10.5% | $133 / Sq Ft |
| 04/07/2023 04/07/23 | Pending | -- | -- | -- |
| 10/17/2022 10/17/22 | For Sale | $4,750,000 | -- | $148 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $98,194 | $3,782,500 | $1,893,400 | $1,889,100 |
| 2024 | $95,584 | $3,782,500 | $1,893,400 | $1,889,100 |
| 2023 | $93,352 | $3,782,500 | $1,893,400 | $1,889,100 |
| 2022 | $94,487 | $3,782,500 | $1,893,400 | $1,889,100 |
| 2021 | $92,860 | $3,782,500 | $1,605,800 | $2,176,700 |
| 2020 | $94,260 | $3,782,500 | $1,605,800 | $2,176,700 |
| 2019 | $94,563 | $3,782,500 | $1,619,800 | $2,162,700 |
| 2018 | $95,319 | $3,782,500 | $1,538,100 | $2,244,400 |
| 2017 | $95,962 | $3,782,500 | $1,468,600 | $2,313,900 |
| 2016 | $101,409 | $3,782,500 | $1,359,800 | $2,422,700 |
| 2015 | $106,316 | $3,601,500 | $1,181,600 | $2,419,900 |
| 2014 | $112,295 | $3,601,500 | $1,263,400 | $2,338,100 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73048972
APN: SBOS-000000-000006-004409
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.
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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