NOT LISTED FOR SALE

Estimated Value: $959,000 - $1,026,000

7 Beds
3 Baths
2,673 Sq Ft
$367/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $905,000 $339 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,151/month

2 Days on Market

Highlights

  • Medical Services
  • Jogging Path
  • Porch
  • Property is near public transit
  • Walking Distance to Water
  • Park

About This Home

As of August 2022

Very well-maintained three-unit building in North Dorchester perfect for investor and priced to sell. Long-term TAW tenants and coin-op laundry in the basement. No wasted space in these layouts and each unit has extra-wide rear porches. Close to the recent redevelopment of South Bay and Newmarket Square, this home has an excellent Walk Score of 89! Be sure visit the open house from 12-2 on Saturday, June 17th. As this is the last expensive three-unit building currently available in all of Dorchester, it will not last long.

Last Agent to Sell the Property

David Cahill

Century 21 Cityside Listed on: 06/17/2022

Century 21 Cityside

Last Buyer's Agent

Alptug Kantar

Boston Brokerage Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,194

Year Built

  • Built in 1920

Lot Details

  • 1,718 Sq Ft Lot

Home Design

  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 2,673 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Walking Distance to Water
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $4,825
  • Assessor Parcel Number W:07 P:03633 S:000,1297711

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $57,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,194

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1920
  • Buyer Agency: 2.25
  • Buyer Agency Type: %
  • Transaction Broker: 2.25
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 2673
  • Stories Total: 6
  • MAIN LO: BB6400
  • LIST PRICE PER Sq Ft: 308.64
  • PRICE PER Sq Ft: 338.57
  • MAIN SO: BB8162

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Waterfront Features: Beach Front, Bay, Ocean, Walk to, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • HEAT UNITS: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Public School, T-Station

Lot Info

  • Parcel Number: W:07 P:03633 S:000,1297711
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.04
  • Lot Size Area: 0.04
  • Lot Size Sq Ft: 1718
  • Lot Size Units: Acres
  • PAGE: 0
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6194
  • Tax Book Number: 0

Multi Family

  • Gross Income: 57900
  • Net Operating Income: 57900
  • Number Of Units Total: 3
  • Total Actual Rent: 4825
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Aug 17, 2022
Sold by
Demers Richard R and Demers Hang
Bought by
Real Estate Boston Llc
Seller's Agent
David Cahill
Century 21 Cityside
Buyer's Agent
Alptug Kantar
Boston Brokerage Group
List Price
$825,000
Sold Price
$905,000
Premium/Discount to List
$80,000
9.7%
Current Estimated Value
$981,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,515
Avg. Annual Appreciation
2.57%
Original Mortgage
$724,000
Outstanding Balance
$695,788
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$281,220
Source: Public Records

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
Real Estate Boston Llc $905,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Real Estate Boston Llc $724,000
Previous Owner Demers Richard R $23,245
Previous Owner Demers Richard R $50,000
Previous Owner Demers Richard R $7,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2022 08/17/22 Sold $905,000 +9.7% $339 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $825,000 -- $309 / 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 $9,637 $832,200 $192,800 $639,400
2024 $8,946 $820,700 $206,500 $614,200
2023 $6,298 $586,400 $147,600 $438,800
2022 $6,194 $569,300 $143,300 $426,000
2021 $5,678 $532,100 $133,900 $398,200
2020 $5,505 $521,300 $157,600 $363,700
2019 $4,776 $453,100 $98,400 $354,700
2018 $4,239 $404,500 $98,400 $306,100
2017 $3,967 $374,600 $98,400 $276,200
2016 $3,583 $325,700 $98,400 $227,300
2015 $3,323 $274,400 $75,400 $199,000
2014 $3,350 $266,300 $75,400 $190,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72999859

MLS Property Information Network (MLS PIN)

APN: DORC-000000-000007-003633