NOT LISTED FOR SALE

87 Franklin St Unit 201 Quincy, MA 02169

South Quincy Neighborhood

Estimated Value: $617,000 - $704,000

2 Beds
2 Baths
1,641 Sq Ft
2005 Built

Last Sold February 28, 2020

Last sale price $510,000 $311 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,236/month

63 Days on Market

About This Home

As of February 2020

Price Reduction!!! Large and bright corner unit, with 1641 Sq ft of open living space in Quincy's Presidents Crossing Complex. Large chef's kitchen, with center island perfect for entertaining. Other features include stainless steel appliances, granite counter tops, recessed lighting, hardwood floors, high ceilings, in unit laundry, and abundance of windows and natural light flooding the unit. King sized master suite with large walk in closet and master bath. Very generous sized second bedroom and even larger second bathroom. Property also includes 1 extra large heated and deeded garage parking (big enough to park 2 cars) AND 1 outdoor deeded parking in prime location, close to elevator and entrance. Very convenient location, short walk (about 1/2 mile) to Quincy Adam T and Bus in front of building also takes you directly to Quincy Adams T, Shops, Restaurants, Rte 3 and 93 highway, this is a commuter's dream!

Last Listed By

Maggie Wong

Eastern Elite Realty, LLC Listed on: 10/03/2019

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,302

Year Built

  • Built in 2005

Parking

  • 1 Car Garage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,302

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Condominium/Co-Op
  • CC Type: Condo
  • Style: Mid-Rise
  • Other Agent: 1.00
  • Handicap Access: Yes
  • Year Built Description: Actual
  • List Price Per Sq Ft: 319.93
  • Comp Based On: Net Sale Price
  • Year Built: 2005
  • Lead Paint: Unknown
  • Unit Building: 201
  • Unit Level: 2
  • Unit Placement: Upper, Corner
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2005

Interior Features

  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • No Bedrooms: 2
  • Master Bedroom: On Level: First Floor
  • Bedroom 2: On Level: First Floor
  • Full Bathrooms: 2
  • Primary Bathroom: Yes
  • No Rooms: 4
  • Dining Room: On Level: First Floor
  • Kitchen: On Level: First Floor
  • Laundry: On Level: First Floor
  • Living Room: On Level: First Floor
  • No Living Levels: 1
  • Main Lo: AN2977
  • Main So: AN2977
  • Estimated Sq Ft: 1641.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile

Garage/Parking

  • Parking Feature: Off-Street, Deeded
  • Parking Spaces: 1
  • Garage Parking: Under, Garage Door Opener, Heated, Storage, Deeded
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Cooling: Central Air
  • Heating: Forced Air, Gas

Condo/Co-op/Association

  • Fee Interval: Monthly
  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
  • HOA Fees: 409.07
  • Association Fee Includes: Sewer, Master Insurance, Elevator, Exterior Maintenance, Road Maintenance, Landscaping, Snow Removal, Extra Storage, Refuse Removal, Reserve Funds
  • Condo Association: Yes

Association/Amenities

  • Condominium Name: Presidents Crossing

Lot Info

  • Assessments: 453500.00
  • Page: 0334
  • Zoning: 99999999

Tax Info

  • Taxes: 5691.43
  • Assessor Parcel Number: 4590814

Multi Family

  • No Units: 26
  • No Units Owner Occ: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2019
Closed on
Feb 25, 2020
Sold by
Sum Philips and Sum Connie
Bought by
Salim Shiffas
Seller's Agent
Maggie Wong
Eastern Elite Realty, LLC
Buyer's Agent
Maggie Wong
Eastern Elite Realty, LLC
List Price
$549,900
Sold Price
$510,000
Premium/Discount to List
-$39,900
-7.26%
Total Days on Market
63
Current Estimated Value
$647,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,848
Avg. Annual Appreciation
5.64%
Original Mortgage
$382,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 30, 2011
Sold by
Barrett Harriet E
Bought by
Sum Philips and Sum Connie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,600
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2006
Sold by
85 Franklin Street Rt
Bought by
Barrett Harriet E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.34%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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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
Salim Shiffas $510,000 None Available
Sum Philips $319,500 --
Barrett Harriet E $442,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salim Shiffas $380,000
Closed Salim Shiffas $382,500
Previous Owner Sum Philips O $29,200
Previous Owner Sum Philips $250,500
Previous Owner Sum Philips $255,600
Previous Owner Barrett Harriet E $184,000
Previous Owner Barrett Harriet E $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $510,000 -2.9% $311 / Sq Ft
12/05/2019 12/05/19 Pending -- -- --
10/31/2019 10/31/19 Price Changed $525,000 -1.9% $320 / Sq Ft
10/10/2019 10/10/19 Price Changed $535,000 -2.7% $326 / Sq Ft
10/03/2019 10/03/19 For Sale $549,900 -- $335 / 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 $7,302 $633,300 $0 $633,300
2024 $6,727 $596,900 $0 $596,900
2023 $5,744 $516,100 $0 $516,100
2022 $5,820 $485,800 $0 $485,800
2021 $5,675 $467,500 $0 $467,500
2020 $6,169 $496,300 $0 $496,300
2019 $5,691 $453,500 $0 $453,500
2018 $5,617 $421,100 $0 $421,100
2017 $5,654 $399,000 $0 $399,000
2016 $5,376 $374,400 $0 $374,400
2015 $5,072 $347,400 $0 $347,400
2014 $4,728 $318,200 $0 $318,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72575127

MLS Property Information Network (MLS PIN)

APN: QUIN-003006-000040-000201