See Home Value
$1,765,000
Land - Off Market

167 Maverick Street

Boston, MA 02128
bedrooms
Studio
bathrooms
0 Bath
$9,015
Estimated Monthly
$0
HOA / Fees
0.73%
Cap Rate

About This Property

THIS IS PRICED TO SELL. Your opportunity to build an 11 unit residential building in one of East Boston's most coveted locations! Plans call for a gorgeous 4 story building clad in brick and clapboard siding. The layout features 3 units per floor on the 1st, 2nd and 3rd floors, and then two amazing penthouse units with multiple decks. There are (4) studio/1 bath, (3) 1 bed/1 bath and (4) 2 bedroom/1 bath residences and many will enjoy incredible Boston city views! Plans call for the building to be serviced by an elevator, have private storage for each unit in an above grade basement and have 4 car surface parking. The property abuts the East Boston Greenway and is a stone's throw from shopping, restaurants and the T at Maverick Station. Building FAR is 10,464 sq/ft.  SALE INCLUDES DEMO AND BUILDING PERMITS! Lets run the numbers together. Full building plans set available upon request.
Unit Size
-
Days on Market
262 days
Land Size
0.10 acres
Price per sqft
-
Property Type
Land
Property Taxes
$201
HOA Dues
-
Year Built
1950
Last updated: 2 months ago (MLSPIN #73134408)

Price History

Date / Event Date Event Price
Mar 29, 2024 Sold $1,765,000
Sold
Nov 22, 2023 In contract -
In contract
Oct 23, 2023 Price Decreased $1,795,000
↓ $55K (3%)
Price Decreased
Oct 16, 2023 Price Decreased $1,850,000
↓ $45K (2.4%)
Price Decreased
Oct 10, 2023 Price Decreased $1,895,000
↓ $100K (5%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Construction Type: Brick
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,500
  • Total Building Area: 660
  • Gross Building Area: 660
  • Building Area: 660
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 660
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Land Acres: 0.103
  • Standard Land Use Code: Retail stores (personal services, photography, travel)

Ownership

  • Current Owner : 167 MAVERICK LLC
  • Previous Owner : ALLEGORY LLC
  • Owner Before Previous Owner: 167-169 MAVERICK ST RT
  • Owner Before Previous Owner 2: DURANTE
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Boston School District
  • Census Tract: 050400

Zoning

  • Zoning: C

Geography

  • Parcel: EBOS W:01 P:05337 S:000
  • Municipality: BOSTON-EAST BOSTON
  • Latitude: 42.369
  • Longitude: -71.0381

    Address

  • Full Address: 167 Maverick St
  • Address - House Number: 167
  • Address - Street Name: Maverick
  • Address - Suffix Type: St
  • State: MA
  • City Name: East Boston
  • Carrier Code: C002
  • 4-Digit Zip Code: 2148
  • Zip Code: 02128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,628

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,012,500
  • First Open Lien Mortgage Lender: ENTERPRISE BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Mar 29, 2024
  • First Open Lien Mortgage Loan Amount: $4,012,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Mar 29, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $106,500
  • Assessed Land Value: $64,700
  • Assessed Improvements Value: $41,800

    Sales

  • Current Sale Contract Date: Mar 28, 2024
  • Current Sale Recording Date: Mar 29, 2024
  • Current Sale Transaction ID: 11923707254
  • Current Sale Price: $1,765,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 18551
  • Previous Sale Recording Date: Jun 28, 2019
  • Previous Sale Contract Date: Jun 19, 2019
  • Previous Sale Amount: $1,580,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: ENTERPRISE BANK & TRUST CO
  • First Mortgage Transaction Date: Mar 29, 2024
  • First Mortgage Loan Amount: $4,012,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

    Previous Mortgages

  • Previous Mortgage Lender: ABINGTON SAVINGS BANK
  • Previous Mortgage Transaction Date: Jun 28, 2019
  • Previous Mortgage Loan Amount: $1,702,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
5 Baths
-
$1,392,500 Nov 7, 2018
$1,392,500 Apr 5, 2019
$704/mo
Commercial
Loft
5 Baths
-
$2,000,000 May 12, 2015
$2,000,000 Dec 29, 2015
$2,113/mo
Other
Loft
5 Baths
-
$1,990,000 Sep 25, 2019
$1,990,000 Mar 16, 2020
$751/mo
Commercial
Loft
-
-
$1,850,000 Oct 1, 2020
$1,850,000 Oct 15, 2021
$0/mo
Commercial
Loft
-
-
$1,325,000 Dec 2, 2004
$1,325,000 Feb 15, 2005
$590/mo
Multifamily
9 Beds
11 Baths
-
$1,550,000 May 22, 2023
$1,550,000 Jul 12, 2023
$531/mo
Commercial
Loft
-
-
$1,495,000 Mar 15, 2024
-
$346/mo
Commercial
Loft
-
-
$1,550,000 Feb 23, 2024
-
$806/mo
Condo
2 Beds
2 Baths
-
$1,895,000 Mar 28, 2024
-
$2,337/mo
Condo
2 Beds
2 Baths
-
$1,695,000 Dec 4, 2023
-
$1,604/mo
Multifamily
6 Beds
3 Baths
-
$1,947,500 Aug 22, 2023
-
$805/mo
Condo
1 Bed
2 Baths
-
$1,695,000 Feb 2, 2024
-
$1,873/mo

About East Boston


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Frequently Asked Questions

When was property at 167 Maverick Street built and last sold?
The property at 167 Maverick Street was built in 1950 and last sold on Mar 28, 2024 for $1,765,000.
How much is this home worth?
The estimated value of the home located at 167 Maverick Street is $2,070,500.
What are some comparable homes to 167 Maverick Street?
Homes that are comparable to 167 Maverick Street include a commercial property at 344 Bremen Street, 23-25 Meridian Street, 343 Commercial Street.

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