NOT LISTED FOR SALE

Estimated Value: $985,000 - $1,277,000

8 Beds
3 Baths
3,424 Sq Ft
$341/Sq Ft Est. Value

Last Sold January 03, 2022

Last sale price $1,155,000 $337 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $7,666/month

5 Days on Market

About This Home

As of January 2022

FINALLY, THE ONE YOU'VE BEEN WAITING FOR! This spacious, meticulously maintained 3 family sits on a landscaped 4500sqf corner lot in one of East Boston's finest residential enclaves, a mere 300ft stroll to the ocean & a half mile to the Blue Line. All units are bright and airy with hardwood floors, high ceilings, and tons of windows throughout. Units 1 & 2 are Philadelphia style and feature generous, flexible 3bd floorplans. Unit 2 incl extra den w ocean views and is renovated throughout w a beautiful oversized bath, W/D in unit, ductless mini-splits, & a granite EIK. Unit 3 has W/D in unit, granite EIK, ocean views, a modern bathroom, and mini-splits. 2 large rear decks, oversized front porch, and large driveway area w shed. Come prepared to fall in love with this amazing neighborhood, and leave salivating at the virtually limitless potential of this blue chip property. Turn it into a cash cow with market rents projected to exceed 85k, or explore conversion options. Truly a cut above!

Last Listed By

Tommy Connors

Redfin Corp. Listed on: 09/08/2021

Redfin Corp.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,538

Year Built

  • 1910

Lot Details

  • 4,356

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,538

Year Built

1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: google maps
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1910

Interior Features

  • Appliances: Unit 1(Range,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Disposal,Refrigerator,Washer,Dryer,Vent Hood), Unit 3(Range,Refrigerator,Washer,Dryer)
  • Fireplace Features: Unit 2(Fireplace - Electric)
  • Total Bathrooms: 3
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 321.26
  • PRICE PER Sq Ft: 337.32
  • MAIN SO: NB4126
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans,Philadelphia,Bathroom With Tub & Shower), Unit 2(Pantry,Philadelphia,Crown Molding,Stone/Granite/Solid Counters,Upgraded Countertops,Bathroom With Tub & Shower), Unit 3(Ceiling Fans,Pantry,Storage,Crown Molding,Stone/Granite/Solid Counters,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen,Office/Den), Unit 3 Rooms(Living Room,Kitchen)
  • Stories: 6

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters, Storage, Decorative Lighting, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Foundation Details: Stone
  • Property Condition: Unit 2 Remodeled
  • Exclusions: Tenants' Belongings
  • Fencing: Fenced
  • Lot Features: Corner Lot
  • Patio And Porch Features: Porch, Deck - Wood
  • Waterfront Features: Beach Front, Harbor, 1/10 to 3/10 To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Paved Drive, Off Street, Paved
  • Open Parking: Yes
  • Total Parking Spaces: 2

Utilities

  • Cooling: Unit 1(None), Unit 2(Ductless Mini-Split System), Unit 3(Ductless Mini-Split System)
  • Heating: Unit 1(Oil), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas)
  • Cooling Y N: No
  • Heating Yn: Yes
  • Laundry Features: Unit 2 Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, T-Station
  • HOA Rent Includes: Unit 1(Water), Unit 3(Heat,Electric,Water)

Lot Info

  • LOT SIZE: 4500
  • PAGE: 348
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 4356
  • Zoning: R3

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2
  • Annual Gross Income: 44400
  • Property Net Operating Income: 44400
  • Number Of Units Total: 3
  • Total Actual Rent: 3600

Tax Info

  • Tax Annual Amount: 9456
  • Tax Book Number: 18511
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Jan 3, 2022
Sold by
Arciero Thomas P and Arciero Luann
Bought by
Chen Tony and Chen Thea Sok
Seller's Agent
Tommy Connors
Redfin Corp.
Buyer's Agent
Tony Chen
Venture
List Price
$1,100,000
Sold Price
$1,155,000
Premium/Discount to List
$55,000
5%
Total Days on Market
5
Current Estimated Value
$1,168,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,037
Avg. Annual Appreciation
0.69%
Original Mortgage
$866,250
Outstanding Balance
$808,077
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$374,005

Purchase Details

Closed on
Sep 16, 1993
Sold by
Donohue Margaret M
Bought by
Arciero Thomas P and Arciero Luann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.16%
Mortgage Type
Purchase Money Mortgage

Range of Values:

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Average Value
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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
Chen Tony $1,155,000 None Available
Arciero Thomas P $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Tony $866,250
Previous Owner Arciero Thomas P $171,800
Previous Owner Arciero Thomas P $146,833
Previous Owner Arciero Luann $146,000
Previous Owner Arciero Thomas P $60,000
Previous Owner Arciero Thomas P $125,000
Closed Arciero Thomas P $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2022 01/03/22 Sold $1,155,000 +5.0% $337 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $1,100,000 -- $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 $13,538 $1,169,100 $288,200 $880,900
2024 $11,533 $1,058,100 $294,500 $763,600
2023 $10,497 $977,400 $277,800 $699,600
2022 $10,124 $930,500 $264,500 $666,000
2021 $9,456 $886,200 $251,900 $634,300
2020 $7,934 $751,300 $272,500 $478,800
2019 $7,048 $668,700 $183,900 $484,800
2018 $6,256 $596,900 $183,900 $413,000
2017 $5,642 $532,800 $183,900 $348,900
2016 $5,377 $488,800 $183,900 $304,900
2015 $5,080 $419,500 $141,500 $278,000
2014 $4,785 $380,400 $141,500 $238,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72891575

MLS Property Information Network (MLS PIN)

APN: EBOS-000000-000001-001279