NOT LISTED FOR SALE

815 E 4th St Boston, MA 02127

South Boston Neighborhood

Estimated Value: $1,738,623 - $2,081,000

4 Beds
3 Baths
2,730 Sq Ft
$683/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $1,725,000 $632 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $10,868/month

38 Days on Market

Highlights

  • Waterfront
  • Cooling Available
  • 3-minute walk to Medal Of Honor Park
  • Corner Lot
  • Heating Available

About This Home

As of July 2023

Well maintained three family in the highly sought after City Point neighborhood of South Boston. Extremely well located and within walking distance to Castle Island, M St beach, shops, restaurants and public transportation. This is an excellent opportunity to add a solid investment property to any portfolio.

Last Agent to Sell the Property

Jacob Carlin

JW Brokerage Listed on: 05/04/2023

Last Buyer's Agent

Youcef Ziad

Atlas Group, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,017

Year Built

  • Built in 1910

Lot Details

  • 1,368 Sq Ft Lot
  • Waterfront
  • Corner Lot

Home Design

  • Frame Construction

Interior Spaces

  • 2,730 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $7,000
  • Assessor Parcel Number W:06 P:04211 S:000,1411237

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Building Details

  • Net Operating Income $84,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,017

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1910
  • Year Built Details: Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Interior Amenities: Other, Other (See Remarks)
  • Fireplace YN: No
  • Appliances: Other
  • Total Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 2730
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: BB5372
  • MAIN SO: AN7085

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Other
  • Home Warranty YN: No
  • Waterfront Features: Beach Front, Bay, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Heating: Other
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: W:06 P:04211 S:000,1411237
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.03
  • Lot Size Sq Ft: 1368
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 14017

Multi Family

  • Net Operating Income: 84000
  • Number Of Units Total: 3
  • Total Actual Rent: 7000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jul 28, 2023
Sold by
815 E Fourth Street Llc
Bought by
S Boston Rlty Assoc Llc
Seller's Agent
Jacob Carlin
JW Brokerage
Buyer's Agent
Youcef Ziad
Atlas Group, LLC
List Price
$1,800,000
Sold Price
$1,725,000
Premium/Discount to List
-$75,000
-4.17%
Views
114
Current Estimated Value
$1,812,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,236
Avg. Annual Appreciation
3.19%
Original Mortgage
$1,552,327
Outstanding Balance
$1,509,890
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$354,016

Purchase Details

Closed on
Aug 12, 2020
Sold by
Allen Mary A
Bought by
815 E Fourth Street Llc

Purchase Details

Closed on
Dec 20, 2012
Sold by
Mcleod Nancy M Est and Labrie
Bought by
Allen Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,250
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
S Boston Rlty Assoc Llc $1,725,000 None Available
815 E Fourth Street Llc -- None Available
Allen Mary A $615,000 --
Allen Mary A $615,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open S Boston Rlty Assoc Llc $1,552,327
Previous Owner Allen Mary A $461,250
Previous Owner Allen Mary A $825,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2023 07/28/23 Sold $1,725,000 -1.4% $632 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
06/05/2023 06/05/23 Price Changed $1,749,000 -2.8% $641 / Sq Ft
05/04/2023 05/04/23 For Sale $1,800,000 -- $659 / 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 $17,833 $1,540,000 $439,000 $1,101,000
2024 $15,364 $1,409,500 $300,100 $1,109,400
2023 $14,017 $1,305,100 $277,900 $1,027,200
2022 $12,908 $1,186,400 $252,600 $933,800
2021 $12,659 $1,186,400 $252,600 $933,800
2020 $11,206 $1,061,200 $266,300 $794,900
2019 $10,171 $965,000 $187,300 $777,700
2018 $9,734 $928,800 $209,800 $719,000
2017 $9,364 $884,200 $209,800 $674,400
2016 $8,457 $768,800 $209,800 $559,000
2015 $7,891 $651,600 $185,100 $466,500
2014 $7,737 $615,000 $185,100 $429,900
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jacob Carlin

    JW Brokerage

    (617) 640-8633

    31 in this area

    31 Total Sales

    Jacob Carlin
    Section Image

  • Y

    Buyer's Agent in 2023

    Youcef Ziad

    Atlas Group, LLC

    (781) 927-4377

    6 in this area

    16 Total Sales

    Youcef Ziad
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73107650

MLS Property Information Network (MLS PIN)

APN: SBOS-000000-000006-004211

Massachusetts Suffolk County Boston 02127 South Boston

815 E 4th St, Boston, MA

Not Listed for Sale

MultiFamily

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