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48 Falcon Street

48 Falcon Street, Boston, MA 02128
Multifamily in Eagle Hill
48 Falcon 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 1900 and is 124 years old. The home has a total of 17 rooms. 8 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 48 Falcon Street has 3,631 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 2,187 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. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a flat style roof made of materials that we aren't sure of. The exterior walls of the building are made of alum/vinyl siding. In terms of heating, it is utilizing a hot water heating system. 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, 48 Falcon Street sold most recently in Apr 19, 2021 for a total of $1,070,000. If you work out the math, that's approximately a cost of $294.68 per sqft. Before that, the property was also sold for $427,000 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 $11,760 in taxes each year. 48 Falcon Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,095,000. If we break it down further, the land itself was valued at $235,700. Improvements to the property, however, were assessed at a total of $859,300. 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

Waterfront

Beach Front
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200708
07/08/2020
8 Bed
3 Bath
3631 ft²
$1,149,900
bedrooms
8 Bed
bathrooms
3 Bath
square feet
3631 ft²
$1,070,000 -6.95%
04/20/2021
-
Frank Ventresca

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 17
  • Bedroom Count: 8
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Flat
  • Roof Cover Type: Other
  • Floor Count: 3
  • Living Units: 3
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 2,187
  • Total Building Area: 3,631
  • Gross Building Area: 5,388
  • Building Area: 3,631
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 3,631
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.05
  • Standard Land Use Code: Triplex (3 units, any combination)

Ownership

  • Current Owner : 48 FALCONST LLC
  • Previous Owner : LOPEZ PEDRO A
  • Owner Before Previous Owner: MTGLQ INVESTORS LP
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Boston School District
  • Census Tract: 050101

Zoning

  • Zoning: R3

Geography

  • Parcel: EBOS W:01 P:03537 S:000
  • Municipality: BOSTON-EAST BOSTON
  • Latitude: 42.3822
  • Longitude: -71.0378

    Address

  • Full Address: 48 Falcon St
  • Address - House Number: 48
  • Address - Street Name: Falcon
  • Address - Suffix Type: St
  • State: MA
  • City Name: East Boston
  • Carrier Code: C006
  • 4-Digit Zip Code: 3406
  • Zip Code: 02128

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $11,760

    Appraisal Valuation

  • Standard Deviation: 0.1894
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 75
  • Final Value: 1,160,730
  • High Value: 1,380,573
  • Low Value: 940,888

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $802,500
  • First Open Lien Mortgage Lender: LEADER BANK NA
  • First Open Lien Mortgage Recording Date: Apr 20, 2021
  • First Open Lien Mortgage Loan Amount: $802,500
  • 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: Apr 20, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,095,000
  • Assessed Land Value: $235,700
  • Assessed Improvements Value: $859,300

    Sales

  • Current Sale Contract Date: Apr 19, 2021
  • Current Sale Recording Date: Apr 20, 2021
  • Current Sale Transaction ID: 11833119445
  • Current Sale Price: $1,070,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 42807
  • Previous Sale Recording Date: Sep 17, 2007
  • Previous Sale Amount: $427,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LEADER BANK NA
  • First Mortgage Transaction Date: Apr 20, 2021
  • First Mortgage Loan Amount: $802,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: SOVEREIGN BANK FSB
  • Previous Mortgage Transaction Date: Sep 17, 2007
  • Previous Mortgage Loan Amount: $328,790
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About East Boston



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Nearby Rentals

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$7,825 /mo

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$7,999 /mo

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Listing by The Wright Way Boston
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$8,127 /mo

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Listing by The Wright Way Boston
Unit for rent at

$8,000 /mo

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Listing by Manager
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$8,200 /mo

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Frequently Asked Questions

What neighborhood is 48 Falcon Street located in?
The 48 Falcon Street is a multifamily located in the neighborhood of Eagle Hill in East Boston, Boston.
What is the average sales price for listings in 48 Falcon Street?
The average sales price for units in 48 Falcon Street is $1,149,900 , or $317/sqft. currently.

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