Seller's Agent in 2024
Aranson Maguire Group
Compass
(617) 206-3333
163 in this area
429 Total Sales
881 E 4th St Boston, MA 02127
South Boston NeighborhoodEstimated Value: $2,602,000 - $2,838,000
9
Beds
3
Baths
4,404
Sq Ft
$606/Sq Ft
Est. Value
Highlights
- 0.09 Acre Lot
- Wood Flooring
- Level Lot
- Deck
About This Home
As of May 2024Calling all investors and 1031 buyers looking for a VALUE-ADD investment! Gigantic free-standing City Point 3-family fetching almost $15k/month with room to improve! This spacious building offers three bedrooms plus an office (which could be a 2nd full bathroom or 4th bedroom), one bathroom, and laundry in each unit. Units 2 and 3 have an updated bathroom and kitchen that walks out onto a private deck which is great for entertaining. All systems are separately metered and the tenants financial responsibility. Property comes with 5 parking spaces in the rear bringing in an additional $2k/month! Don't miss out on this once in a lifetime opportunity!
Last Buyer's Agent
Stacey Bryant
Redfin Corp.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,912
Year Built
- Built in 1905
Lot Details
- 4,062 Sq Ft Lot
- Level Lot
- Cleared Lot
Home Design
- Stone Foundation
- Shingle Roof
- Rubber Roof
Interior Spaces
- 4,404 Sq Ft Home
- Insulated Windows
Flooring
- Wood
- Pine Flooring
- Parquet
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 5 Car Parking Spaces
- Shared Driveway
- Open Parking
- Off-Street Parking
Additional Features
- Energy-Efficient Thermostat
- Deck
- 3 Heating Zones
Listing and Financial Details
- Total Actual Rent $14,300
- Assessor Parcel Number W:06 P:04330 S:000,1410044
Community Details
Overview
- 3 Units
- Property has 1 Level
Building Details
- Insurance Expense $4,920
- Water Sewer Expense $2,520
- Operating Expense $28,352
- Net Operating Income $143,248
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 21, 2020
Sold by
Orourke Sandra M
Bought by
881 East Fourth St Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,368,510
Outstanding Balance
$1,206,158
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,460,774
Purchase Details
Closed on
Jun 12, 1996
Sold by
Orourke Ft
Bought by
Orourke Gerard J and Drourke Sandra M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.97%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 881 East Fourth St Llc | $1,824,680 | None Available | |
| Orourke Gerard J | $100,000 | -- | |
| Orourke Gerard J | $100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 881 East Fourth St Llc | $1,368,510 | |
| Previous Owner | Orourke Gerard J | $85,000 | |
| Previous Owner | Orourke Gerard J | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/07/2024 05/07/24 | Sold | $2,600,000 | -1.5% | $590 / Sq Ft |
| 03/27/2024 03/27/24 | Pending | -- | -- | -- |
| 02/10/2024 02/10/24 | Price Changed | $2,639,900 | -7.4% | $599 / Sq Ft |
| 01/01/2024 01/01/24 | For Sale | $2,850,000 | -- | $647 / 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 | $25,871 | $2,234,100 | $579,100 | $1,655,000 |
| 2024 | $22,922 | $2,102,900 | $405,000 | $1,697,900 |
| 2023 | $20,912 | $1,947,100 | $375,000 | $1,572,100 |
| 2022 | $19,259 | $1,770,100 | $340,900 | $1,429,200 |
| 2021 | $18,887 | $1,770,100 | $340,900 | $1,429,200 |
| 2020 | $13,837 | $1,310,300 | $359,500 | $950,800 |
| 2019 | $12,557 | $1,191,400 | $252,800 | $938,600 |
| 2018 | $11,665 | $1,113,100 | $252,800 | $860,300 |
| 2017 | $11,222 | $1,059,700 | $252,800 | $806,900 |
| 2016 | $10,137 | $921,500 | $252,800 | $668,700 |
| 2015 | $9,429 | $778,600 | $226,500 | $552,100 |
| 2014 | $9,244 | $734,800 | $226,500 | $508,300 |
Source: Public Records
Agents Affiliated with this Home
-
Aranson Maguire Group
-
Matt Aranson
M
Seller Co-Listing Agent in 2024
Matt Aranson
Compass
(207) 252-6771
12 in this area
46 Total Sales
-
Stacey Bryant
S
Buyer's Agent in 2024
Stacey Bryant
Redfin Corp.
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73189597
APN: SBOS-000000-000006-004330
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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