NOT LISTED FOR SALE
3 Beds
3 Baths
3,080 Sq Ft
871 Sq Ft Lot

Last Sold May 02, 2022

Last sale price $1,155,000 $375 Per Sq Ft

6 Days on Market

Highlights

  • Marina
  • Community Stables
  • Waterfront
  • Golf Course Community
  • Medical Services
  • 3-minute walk to Piers Park

About This Home

As of May 2022

Attention Contractors and Investors! Incredible opportunity to develop brick multi-family property located in a prime Jeffries Point location. Located a short distance to shops, restaurants, parks, public transit and the East Boston Waterfront. Currently zoned as Residential/Commercial however prior to 2007 the property was zoned as 4-6 family. Could easily be re-zoned as a 3-4 family property as there are 4 full living floors and a full height basement with walk out. This property is being sold as-is and is prime for a full rehabilitation with many other projects taking place within proximity to this home. Buyer to do own due diligence regarding any zoning changes. Easy to show with 24hrs notice. Offers due Tuesday March 15th at 12pm.

Last Listed By

The Persac Group

The Persac Group, LLC Listed on: 03/09/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,246

Year Built

  • Built in 1930

Lot Details

  • 871 Sq Ft Lot
  • Waterfront
  • Near Conservation Area
  • Level Lot

Home Design

  • 3,080 Sq Ft Home
  • Brick Exterior Construction
  • Brick Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • On-Street Parking
  • Open Parking

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number W:01 P:04896 S:000,1329833

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,246

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1930
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Walk-Out Access
  • Living Area: 3080
  • Stories Total: 6
  • MAIN LO: AN3373
  • LIST PRICE PER Sq Ft: 324.35
  • PRICE PER Sq Ft: 375
  • MAIN SO: BB6400

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Brick/Mortar
  • Road Frontage Type: Public
  • Waterfront Features: Beach Front, Harbor, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: On Street

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Cooling Y N: No
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University

Lot Info

  • Parcel Number: W:01 P:04896 S:000,1329833
  • Zoning: RC
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.02
  • Lot Size Area: 0.02
  • Lot Size Sq Ft: 871.2
  • Lot Size Units: Acres
  • LOT SIZE: 945
  • PAGE: 0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7245.95
  • Tax Book Number: 0

Multi Family

  • Number Of Units Total: 3
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • 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

Closed on
Jul 27, 2023
Sold by
Cottage 36 Street Llc
Bought by
36 Cottage St Unit 3 Nt and Serrano
Total Days on Market
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Outstanding Balance
$240,830
Interest Rate
6.81%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 4, 2014
Sold by
Sharp Gene E
Bought by
Albert Einstein Inst I

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
36 Cottage St Unit 3 Nt -- None Available
36 Cottage St Unit 2 Nt -- None Available
36 Cottage St Unit 2 Nt -- None Available
36 Cottage St Unit 3 Nt -- None Available
36 Cottage St Unit 3 Nt -- None Available
Albert Einstein Inst I -- --
Albert Einstein Inst I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cottage 36 Street Llc $245,000
Open 36 Cottage St Unit 3 Nt $450,000
Closed 36 Cottage St Unit 3 Nt $450,000
Open Cottage 36 Street Llc $656,250
Previous Owner Cottage 36 Street Llc $1,781,000
Previous Owner Sharp Gene $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $1,155,000 +15.6% $375 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $999,000 -- $324 / 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 -- $0 $0 $0
2024 -- $591,400 $92,900 $498,500
2023 $0 $522,200 $92,900 $429,300
2022 $0 $518,200 $92,900 $425,300
2021 $0 $511,700 $88,900 $422,800
2020 $0 $483,500 $88,900 $394,600
2019 $0 $462,500 $88,900 $373,600
2018 $0 $429,000 $82,300 $346,700
2017 $0 $397,000 $75,600 $321,400
2016 -- $342,500 $70,300 $272,200
2015 -- $302,500 $61,000 $241,500
2014 -- $286,000 $53,100 $232,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72950670

MLS Property Information Network (MLS PIN)

APN: EBOS-000000-000001-004896