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5 Eastern Avenue

5 Eastern Avenue, Revere, MA 02151
Property in Downtown Revere
Sold Sep 11, 2020
$750,000
$736,415 by Rockland Trust Co
Mortgage Due Sep 11, 2050
Sold Aug 28, 2017
$432,000
$367,200 by Quicken Loans Inc
Mortgage Due Aug 28, 2047
5 Eastern Avenue has been categorized by the local assessors in Revere, 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 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5 Eastern Avenue has 2,110 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 3,999 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

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 good. 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 frame control joints. 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 and being fueled with oil. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5 Eastern Avenue was last sold in Sep 3, 2020 for $750,000. According to our calculations, that's $355.45 per sqft. Prior to that sales transaction, the property was sold for $432,000 in Jan 1, 1970. Current property owners are expected to pay $6,453 in taxes per year. The property on 5 Eastern Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $678,600. To break that down further, the land itself was valued at $225,000. While improvements to the property were assessed at a total of $453,600. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Waterfront

Beach Front

Parking

Off Street Parking
Tandem Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 2
  • Basement Type: Unfinished basement
  • Basement Area: 920
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,999
  • Total Building Area: 2,110
  • Gross Building Area: 3,924
  • Building Area: 2,110
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,110
  • Heating Fuel Type: Oil

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.092
  • Standard Land Use Code: Duplex (2 units, any combination)

Ownership

  • Current Owner : YAN MARGARITA
  • Current Owner 2: TANG JULIANA Y
  • Previous Owner : SANDOVAL MARVIN O
  • Previous Owner 2: SANDOVAL M S
  • Owner Before Previous Owner: SOLOMBRINO ALFRED A
  • Owner Before Previous Owner 2: SOLOMBRINO MARIE I
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Revere School District
  • School Tax School District: REVERE SD
  • Census Tract: 170601

Zoning

  • Zoning: RB

Geography

  • Account Number: 17/268/14
  • Parcel: REVE M:17 B:268 L:14
  • Block: 268
  • Lot: 14
  • Municipality: REVERE
  • Latitude: 42.415
  • Longitude: -71.0085

    Address

  • Full Address: 5 Eastern Ave
  • Address - House Number: 5
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: MA
  • City Name: Revere
  • Carrier Code: C015
  • 4-Digit Zip Code: 2736
  • Zip Code: 02151

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,453

    Appraisal Valuation

  • Standard Deviation: 0.1639
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 837,353
  • High Value: 974,667
  • Low Value: 700,039

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $736,415
  • First Open Lien Mortgage Lender: ROCKLAND TRUST CO
  • First Open Lien Mortgage Recording Date: Sep 11, 2020
  • First Open Lien Mortgage Loan Amount: $736,415
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 11, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $678,600
  • Assessed Land Value: $225,000
  • Assessed Improvements Value: $453,600

    Sales

  • Current Sale Contract Date: Sep 03, 2020
  • Current Sale Recording Date: Sep 11, 2020
  • Current Sale Transaction ID: 11787756241
  • Current Sale Price: $750,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 77502
  • Previous Sale Recording Date: Aug 28, 2017
  • Previous Sale Amount: $432,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: ROCKLAND TRUST CO
  • First Mortgage Transaction Date: Sep 11, 2020
  • First Mortgage Loan Amount: $736,415
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS INC
  • Previous Mortgage Transaction Date: Aug 28, 2017
  • Previous Mortgage Loan Amount: $367,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 28, 2047

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Frequently Asked Questions

What neighborhood is 5 Eastern Avenue located in?
The 5 Eastern Avenue is a located in the neighborhood of Downtown Revere in Downtown Revere, Revere.
What is the average sales price for listings in 5 Eastern Avenue?
The average sales price for units in 5 Eastern Avenue is $0 currently.

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