Seller's Agent in 2023
Ryan Foley
Greater Metropolitan R. E.
(617) 523-2505
8 in this area
14 Total Sales
893 E 4th St Boston, MA 02127
South Boston NeighborhoodEstimated Value: $2,745,000 - $3,464,000
14
Beds
6
Baths
4,614
Sq Ft
$694/Sq Ft
Est. Value
Highlights
- Marina
- 0.09 Acre Lot
- Covered Patio or Porch
- Waterfront
- Property is near public transit
- Jogging Path
About This Home
As of September 2023Massive 3-family asset with 14 bedrooms in pristine condition located in South Boston’s City Point.. All apartments, drenched in natural sunlight, boast hardwood floors, brand new kitchens, 2 full bathrooms, central A/C, extra large bedrooms, in-unit washer and dryers, and oversized covered decks. First floor is a 4-bed/2-bath, second and third floors are both 5-bed/2-baths. Leases signed thru August 31st, 2024 at a staggering $20,300 per month. Extremely high ceilings in the basement offer fantastic future expansion opportunities. Huge fenced in back yard with patio. Steps to the beach and all else that South Boston has to offer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $20,447
Year Built
- Built in 1905
Lot Details
- 3,750 Sq Ft Lot
- Waterfront
Home Design
- 4,614 Sq Ft Home
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 14 Bedrooms
- 6 Full Bathrooms
Parking
- Driveway
- On-Street Parking
- Open Parking
Additional Features
- Covered Patio or Porch
- Property is near public transit
- Central Air
Listing and Financial Details
- Total Actual Rent $20,300
- Assessor Parcel Number 1410050
Community Details
Overview
- 3 Units
- Near Conservation Area
- Property has 1 Level
Amenities
- Shops
- Coin Laundry
Recreation
- Marina
- Park
- Jogging Path
- Bike Trail
Building Details
- Operating Expense $32,000
- Net Operating Income $243,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 1, 2023
Closed on
Sep 21, 2023
Sold by
893 E 4Th Street Llc
Bought by
Sylvia Michael C
Seller's Agent
Ryan Foley
Greater Metropolitan R. E.
Buyer's Agent
Terrier Team
Compass
List Price
$3,175,000
Sold Price
$3,100,000
Premium/Discount to List
-$75,000
-2.36%
Views
196
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,076
Avg. Annual Appreciation
1.47%
Original Mortgage
$1,750,000
Outstanding Balance
$1,709,553
Interest Rate
6.96%
Mortgage Type
Commercial
Estimated Equity
$1,490,523
Purchase Details
Closed on
Jan 28, 2022
Sold by
893 East 4Th Street Rt and George
Bought by
893 E 4Th Street Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,895,000
Interest Rate
3.22%
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 |
|---|---|---|---|
| Sylvia Michael C | $3,100,000 | None Available | |
| 893 E 4Th Street Llc | $2,150,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sylvia Michael C | $1,750,000 | |
| Previous Owner | 893 E 4Th Street Llc | $1,895,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/21/2023 09/21/23 | Sold | $3,100,000 | -2.4% | $672 / Sq Ft |
| 06/05/2023 06/05/23 | For Sale | $3,175,000 | 0.0% | $688 / Sq Ft |
| 06/04/2023 06/04/23 | Off Market | $3,175,000 | -- | -- |
| 06/01/2023 06/01/23 | For Sale | $3,175,000 | 0.0% | $688 / Sq Ft |
| 11/07/2017 11/07/17 | Rented | $3,000 | 0.0% | -- |
| 11/03/2017 11/03/17 | For Rent | $3,000 | -- | -- |
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 | $29,873 | $2,579,700 | $508,000 | $2,071,700 |
| 2024 | $23,011 | $2,111,100 | $394,900 | $1,716,200 |
| 2023 | $20,447 | $1,903,800 | $365,600 | $1,538,200 |
| 2022 | $18,831 | $1,730,800 | $332,400 | $1,398,400 |
| 2021 | $18,468 | $1,730,800 | $332,400 | $1,398,400 |
| 2020 | $14,506 | $1,373,700 | $350,400 | $1,023,300 |
| 2019 | $13,166 | $1,249,100 | $246,400 | $1,002,700 |
| 2018 | $12,229 | $1,166,900 | $246,400 | $920,500 |
| 2017 | $11,764 | $1,110,900 | $246,400 | $864,500 |
| 2016 | $10,626 | $966,000 | $246,400 | $719,600 |
| 2015 | $9,958 | $822,300 | $221,000 | $601,300 |
| 2014 | $9,762 | $776,000 | $221,000 | $555,000 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Foley
-
Terrier Team
T
Buyer's Agent in 2023
Terrier Team
Compass
(617) 206-3333
2 in this area
12 Total Sales
-
Michelle Talbot
Seller's Agent in 2017
Michelle Talbot
Grove Property Group
(617) 596-1948
5 in this area
13 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73119113
APN: SBOS-000000-000006-004336
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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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