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31 Monument Square

31 Monument Square, Charlestown, MA 02129
Sold Oct 05, 2021
$3,500,000
$2,275,000 by Leader Bank Na
Mortgage Due Oct 05, 2051
31 Monument Square has been categorized by the local assessors in Charlestown, MA as a residential type of property. The building on the property was first built in 1900 and is 124 years old. However, we must point out that the home was most recently renovated and altered in 1980. The building has a total of 3 stories. In addition, 31 Monument Square has 4,656 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 2,714 square feet.

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 excellent. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The exterior walls of the building are made of brick. 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, 31 Monument Square sold most recently in Oct 5, 2021 for a total of $3,500,000. If you work out the math, that's approximately a cost of $751.72 per sqft. 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 $21,439 in taxes each year. The initial year of tax delinquency occurred in 2022. 31 Monument Square was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,996,200. If we break it down further, the land itself was valued at $532,700. Improvements to the property, however, were assessed at a total of $1,463,500. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Outdoor Space

Garden

Parking

Off Street Parking

Driveway

Driveway

Location

Corner Lot

Condition

Level Lot
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Excellent
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 3
  • Living Units: 5
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,714
  • Total Building Area: 4,656
  • Gross Building Area: 6,288
  • Building Area: 4,656
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,656
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.062
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : GILBERT ALEXA
  • Current Owner 2: DECHAIRO BRYAN M
  • Previous Owner : DUFFY JOHN R EST
  • Previous Owner 2: MCLEAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Boston School District
  • Census Tract: 040300

Zoning

  • Zoning: R4

Geography

  • Parcel: CHAR W:02 P:03153 S:000
  • Municipality: BOSTON-CHARLESTOWN
  • Latitude: 42.3766
  • Longitude: -71.0618

    Address

  • Full Address: 31 Monument Sq
  • Address - House Number: 31
  • Address - Street Name: Monument
  • Address - Suffix Type: Sq
  • State: MA
  • City Name: Charlestown
  • Carrier Code: C001
  • 4-Digit Zip Code: 3429
  • Zip Code: 02129

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $21,439
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.2658
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 46
  • Final Value: 2,886,802
  • High Value: 3,654,297
  • Low Value: 2,119,306

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,662,779
  • First Open Lien Mortgage Lender: LEADER BANK NA
  • First Open Lien Mortgage Recording Date: Oct 05, 2021
  • First Open Lien Mortgage Loan Amount: $2,275,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 05, 2051
  • Second Open Lien Mortgage Lender: LEADER BANK NA
  • Second Open Lien Mortgage Recording Date: Aug 15, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $387,779
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Aug 15, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,996,200
  • Assessed Land Value: $532,700
  • Assessed Improvements Value: $1,463,500

    Sales

  • Current Sale Contract Date: Oct 05, 2021
  • Current Sale Recording Date: Oct 05, 2021
  • Current Sale Transaction ID: 11859501716
  • Current Sale Price: $3,500,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 110334

    Last Sale Mortgage

  • First Mortgage Lender: LEADER BANK NA
  • First Mortgage Transaction Date: Oct 05, 2021
  • First Mortgage Loan Amount: $2,275,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 31 Monument Square located in?
The 31 Monument Square is a multifamily located in the neighborhood of Thompson Square - Bunker Hill in Charlestown, Charlestown.
What is the average sales price for listings in 31 Monument Square?
The average sales price for units in 31 Monument Square is $0 currently.

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