NOT LISTED FOR SALE

Estimated Value: $2,495,667

4 Beds
4 Baths
3,591 Sq Ft
$695/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $1,750,000 $487 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $13,088/month

210 Days on Market

About This Home

As of October 2020

Rare opportunity to own a mix-use property on Main Street. Centrally located in the Gas Light District and a short walk to the Bunker Hill Monument. Property features a storefront commercial space on the ground floor and three residential units. Great income potential from all four units encompassing 3,591 Sq-Ft of retail and living space. Top floor residence features an oversize bedroom, vaulted ceilings, open concept living area with exposed brick wall and kitchen with access to a roof deck. Second floor has two units; a spacious two-bedroom, one bath front unit and a one bedroom, one bath rear unit. All in turnkey condition with full sized kitchens. Laundry and storage units are available in the basement. Also included are two dedicated parking spaces in the rear of the building. The Commercial space on the first level has a long-established business tenant. Ideally located close to Public Transportation, Whole Foods, restaurants and shopping destinations on historic Main Street.

Last Agent to Sell the Property

Carlos Saurez

Coldwell Banker Realty - Boston Listed on: 03/10/2020

Coldwell Banker Realty - Boston

Last Buyer's Agent

Phil Smith

Hope Homes

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • Year Round Access

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number W:02 P:03666 S:000

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 527.71
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Total Flrs: 8
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Fbh: 3
  • Total Hbh: 1
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Full, Interior Access, Concrete Floor
  • Main Lo: AN6181
  • Main So: NB4883
  • Estimated Sq Ft: 3591.00

Exterior Features

  • Construction: Frame, Brick
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Clapboard
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heat Zones: 4

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School

Lot Info

  • Assessments: 1265000.00
  • Acre: 0.04
  • Lot Size: 1800.00
  • Parcel Number: W:02 P:03666 S:000
  • Zoning: 0013
  • Lot Description: Zero Lot Line

Multi Family

  • Heat Units: 1
  • Total Levels: 4
  • Total Rent: 12000
  • Total Rms: 15
  • No Units: 4
  • Mf Type: 4 Family - 4 Units Up/Down

Tax Info

  • Taxes: 20650.00
  • Assessor Parcel Number: 1282124
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2020
Closed on
Oct 19, 2020
Sold by
Burke Charlestown Rt
Bought by
89-91 Main Street Llc
Seller's Agent
Carlos Saurez
Coldwell Banker Realty - Boston
Buyer's Agent
Phil Smith
Hope Homes
List Price
$1,999,000
Sold Price
$1,750,000
Premium/Discount to List
-$249,000
-12.46%
Current Estimated Value
$2,495,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$745,667
Avg. Annual Appreciation
7.24%
Original Mortgage
$1,500,000
Outstanding Balance
$1,331,738
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,163,929
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
89-91 Main Street Llc $1,750,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 89-91 Main Street Llc $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2020 10/23/20 Sold $1,750,000 -7.7% $487 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
07/09/2020 07/09/20 Price Changed $1,895,000 -5.2% $528 / Sq Ft
05/06/2020 05/06/20 For Sale $1,999,000 0.0% $557 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
03/10/2020 03/10/20 For Sale $1,999,000 -- $557 / 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 -- $1,328,000 $331,900 $996,100
2024 -- $1,349,800 $331,900 $1,017,900
2023 $0 $1,347,800 $331,900 $1,015,900
2022 $0 $1,282,600 $331,900 $950,700
2021 $0 $1,284,400 $313,600 $970,800
2020 $0 $1,274,700 $313,600 $961,100
2019 $0 $1,265,000 $313,600 $951,400
2018 $0 $1,207,000 $297,600 $909,400
2017 $0 $1,160,500 $283,800 $876,700
2016 -- $1,064,000 $263,200 $800,800
2015 -- $910,500 $233,500 $677,000
2014 -- $811,000 $201,400 $609,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72630765

MLS Property Information Network (MLS PIN)

APN: CHAR-000000-000002-003666