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10 Mercer Street

10 Mercer Street, Boston, MA 02127
Sold Sep 03, 2020
$950,000
$4,220,000 by Webster Five Cents Savings Ban
Mortgage Due Sep 16, 2051
Sold Nov 08, 1996
$162,000
$145,000 by Bank Of Boston
Mortgage
10 Mercer Street has been categorized by the local assessors in Boston, MA as a residential type of property. The building on the property was first built in 1880 and is 144 years old. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 10 Mercer Street has 1,918 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 2,125 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a style that we are currently unable to determine.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 10 Mercer Street sold most recently in Aug 27, 2020 for a total of $950,000. If you work out the math, that's approximately a cost of $495.31 per sqft. Before that, the property was also sold for $162,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,001 in taxes each year. The initial year of tax delinquency occurred in 2024. 10 Mercer Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $931,200. If we break it down further, the land itself was valued at $290,000. Improvements to the property, however, were assessed at a total of $641,200. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

On-Street Parking
Permit Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,125
  • Total Building Area: 1,918
  • Gross Building Area: 2,836
  • Building Area: 1,918
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,918
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.049
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : 8 MERCER LLC
  • Previous Owner : MCNIFF JAMES K
  • Previous Owner 2: MCNIFF JEAN M
  • Owner Before Previous Owner: SAMPSON LAWRENCE M
  • Owner Before Previous Owner 2: SAMPSON PATRICIA A
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Boston School District
  • Census Tract: 061000

Zoning

  • Zoning: R2

Geography

  • Parcel: SBOS W:07 P:01143 S:000
  • Municipality: BOSTON-SOUTH BOSTON
  • Latitude: 42.3333
  • Longitude: -71.0488

    Address

  • Full Address: 10 Mercer St
  • Address - House Number: 10
  • Address - Street Name: Mercer
  • Address - Suffix Type: St
  • State: MA
  • City Name: South Boston
  • Carrier Code: C002
  • 4-Digit Zip Code: 3912
  • Zip Code: 02127

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,001
  • Intital Tax Deliquent Year: 2024

    Appraisal Valuation

  • Standard Deviation: 0.2443
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 1,234,533
  • High Value: 1,536,141
  • Low Value: 932,925

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $4,440,000
  • First Open Lien Mortgage Lender: WEBSTER FIVE CENTS SAVINGS BAN
  • First Open Lien Mortgage Recording Date: Sep 16, 2021
  • First Open Lien Mortgage Loan Amount: $4,220,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • First Open Lien Mortgage Loan Due Date: Sep 16, 2051
  • Second Open Lien Mortgage Lender: MICHAEL F FITZPATRICK
  • Second Open Lien Mortgage Recording Date: Sep 03, 2020
  • Second Open Lien Mortgage Loan Amount: $220,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Loan Due Date: Sep 03, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $931,200
  • Assessed Land Value: $290,000
  • Assessed Improvements Value: $641,200

    Sales

  • Current Sale Contract Date: Aug 27, 2020
  • Current Sale Recording Date: Sep 03, 2020
  • Current Sale Transaction ID: 11786895689
  • Current Sale Price: $950,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 74909
  • Previous Sale Recording Date: Nov 08, 1996
  • Previous Sale Amount: $162,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WORKERS CU
  • First Mortgage Transaction Date: Sep 03, 2020
  • First Mortgage Loan Amount: $1,250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF BOSTON
  • Previous Mortgage Transaction Date: Nov 08, 1996
  • Previous Mortgage Loan Amount: $145,000
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About South Boston



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Frequently Asked Questions

What neighborhood is 10 Mercer Street located in?
The 10 Mercer Street is a multifamily located in the neighborhood of Columbus Park - Andrew Square in South Boston, Boston.
What is the average sales price for listings in 10 Mercer Street?
The average sales price for units in 10 Mercer Street is $0 currently.

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