NOT LISTED FOR SALE

Estimated Value: $815,946 - $904,000

4 Beds
3 Baths
2,178 Sq Ft
$394/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $690,000 $317 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,159/month

28 Days on Market

About This Home

As of September 2020

Take full advantage of owning this newly renovated two-family in Revere. Located conveniently close to Revere Beach and downtown Revere, surrounded with amenities on every corner. The first unit is a three-bedroom, one and a half bath with a brand new kitchen, spacious living room, separate dining space, and a functional wood-burning fireplace. The lower unit consists of one bedroom, a brand new bathroom, a living room/dining room combo, and a fully renovated kitchen with stainless steel appliances and gleaming white shaker cabinets. There is a mutual storage area and separate electrical panels for each unit. 83 Bates is under a 5-minute walk to the "Wonder Land" T-stop on the Blue Line. It is also less than 10 minutes to Rt. 1 which leads to I-90, I-93, I-95, and Downtown Boston. Own a functioning income property or become an owner occupant with rental income directly outside of Boston!

Last Agent to Sell the Property

Christian Murray

North Corner Realty Listed on: 07/08/2020

Last Buyer's Agent

Maria Pena

Pena Realty Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,195

Year Built

  • Built in 1990

Lot Details

  • 3,049

Flooring

  • Wood
  • Tile

Additional Features

  • Fenced Yard
  • Oil Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,195

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Renovated Since
  • List Price Per Sq Ft: 321.40
  • Comp Based On: Net Sale Price
  • Year Built: 1990
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1990

Interior Features

  • Fireplaces: 1
  • Flooring: Tile, Hardwood, Vinyl / VTC
  • Total Flrs: 2
  • Total Frplcs: 1
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Fbh: 2
  • Total Hbh: 1
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Partial, Unfinished Basement
  • Main Lo: AN4078
  • Main So: AN3959
  • Estimated Sq Ft: 2178.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl, Brick
  • Exterior Features: Fenced Yard
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Hot Water: Oil
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Schools

  • Elementary School: WilliamMckinley
  • Middle School: Rumney
  • High School: Revere High

Lot Info

  • Assessments: 593500.00
  • Acre: 0.07
  • Lot Size: 3237.00
  • Page: 98
  • Zoning: RB
  • Lot Description: Paved Drive, Level

Multi Family

  • Total Levels: 3
  • Total Rms: 9
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 6682.81
  • Assessor Parcel Number: 1373809

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2020
Closed on
Sep 9, 2020
Sold by
Varone Peter and Ciaramaglia Steven
Bought by
Morente Francisco U and Morente Karen L
Seller's Agent
Christian Murray
North Corner Realty
Buyer's Agent
Maria Pena
Pena Realty Corporation
List Price
$699,999
Sold Price
$690,000
Premium/Discount to List
-$9,999
-1.43%
Total Days on Market
28
Current Estimated Value
$858,987

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$168,987
Avg. Annual Appreciation
4.45%
Original Mortgage
$653,550
Outstanding Balance
$587,828
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$260,726

Purchase Details

Closed on
Jun 2, 2020
Sold by
Zepaj Marenglen
Bought by
Varone Peter and Ciaramaglia Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
May 29, 2020
Sold by
Hsbc Bank Usa Na Tr
Bought by
Zepaj Marenglen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
3.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 7, 2018
Sold by
Destefano Lawrence J and Hsbc Bank Usa Na
Bought by
Hsbc Bank Usa Na Tr

Purchase Details

Closed on
Nov 23, 2004
Sold by
Destefano Doris
Bought by
Destefano Doris and Destefano Lawrence J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2004
Sold by
Destefano Lawrence J
Bought by
Destefano Doris

Purchase Details

Closed on
Jul 28, 1998
Sold by
Clas Rt and Martignetti Alessandro
Bought by
Destefano Lawrence J
Source: Public Records

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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
Morente Francisco U $690,000 None Available
Varone Peter $465,000 None Available
Zepaj Marenglen $465,000 None Available
Hsbc Bank Usa Na Tr $480,000 --
Hsbc Bank Usa Na Tr $480,000 --
Hsbc Bank Usa Na Tr $480,000 --
Destefano Doris -- --
Destefano Doris -- --
Destefano Doris -- --
Destefano Doris -- --
Destefano Lawrence J $194,500 --
Destefano Lawrence J $194,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morente Francisco U $653,550
Closed Morente Francisco U $653,550
Previous Owner Varone Peter $337,500
Previous Owner Destefano Doris $435,000
Previous Owner Destefano Doris $400,000
Previous Owner Destefano Doris $350,000
Previous Owner Destefano Lawrence J $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $690,000 -1.4% $317 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $699,999 -- $321 / 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 $7,195 $793,300 $259,600 $533,700
2024 $7,013 $769,800 $236,000 $533,800
2023 $6,831 $718,300 $206,100 $512,200
2022 $6,918 $665,200 $196,600 $468,600
2021 $6,602 $596,900 $180,900 $416,000
2020 $6,683 $593,500 $173,000 $420,500
2019 $6,384 $527,200 $157,300 $369,900
2018 $6,606 $509,700 $155,700 $354,000
2017 $6,137 $438,700 $119,600 $319,100
2016 $4,861 $336,400 $103,800 $232,600
2015 $4,979 $336,400 $103,800 $232,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72687298

MLS Property Information Network (MLS PIN)

APN: REVE-000018-000323-000037