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510 East Broadway

510 East Broadway, Boston, MA 02127
Sold Mar 18, 2020
$1,500,000
$1,450,000 by South Shore Bank
Mortgage Due Mar 14, 2052
Sold Dec 20, 2019
$1,200,000
$1,450,000 by Crowd Lending Fund
Mortgage
510 East Broadway 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 1935 and is 89 years old. However, we must point out that the home was most recently renovated and altered in 1991. The building has a total of 3 stories. In addition, 510 East Broadway has 3,435 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 3,740 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 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 exterior walls of the building are made of wood siding. 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, 510 East Broadway was last sold in Mar 16, 2020 for $1,500,000. According to our calculations, that's $436.68 per sqft. Prior to that sales transaction, the property was sold for $1,200,000 in Dec 18, 2019. Current property owners are expected to pay $15,525 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2023. The property on 510 East Broadway was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,445,500. To break that down further, the land itself was valued at $581,600. While improvements to the property were assessed at a total of $863,900. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Floor Count: 3
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,740
  • Total Building Area: 3,435
  • Gross Building Area: 4,794
  • Building Area: 3,435
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,435
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.086
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : VOLNAY LLC
  • Previous Owner : 510 E BROADWAY LLC
  • Owner Before Previous Owner: EAGLEBROOK CAPITAL LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Boston School District
  • Census Tract: 060501

Zoning

  • Zoning: R4

Geography

  • Parcel: SBOS W:06 P:03015 S:000
  • Municipality: BOSTON-SOUTH BOSTON
  • Latitude: 42.3357
  • Longitude: -71.044

    Address

  • Full Address: 510 E Broadway
  • Address - House Number: 510
  • Street Direction: E
  • Address - Street Name: Broadway
  • State: MA
  • City Name: South Boston
  • Carrier Code: C004
  • 4-Digit Zip Code: 4490
  • Zip Code: 02127

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $15,525
  • Intital Tax Deliquent Year: 2023

    Appraisal Valuation

  • Standard Deviation: 0.2513
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 49
  • Final Value: 1,821,390
  • High Value: 2,279,143
  • Low Value: 1,363,636

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,050,000
  • First Open Lien Mortgage Lender: SOUTH SHORE BANK
  • First Open Lien Mortgage Recording Date: Mar 14, 2022
  • First Open Lien Mortgage Loan Amount: $1,450,000
  • 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: Mar 14, 2052
  • Second Open Lien Mortgage Lender: FIRST BOSTON CONSTRUCTION HOLD
  • Second Open Lien Mortgage Recording Date: Sep 07, 2022
  • Second Open Lien Mortgage Loan Amount: $600,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Refi (Refinance of Original Loan)
  • Second Open Lien Mortgage Loan Due Date: Sep 07, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,445,500
  • Assessed Land Value: $581,600
  • Assessed Improvements Value: $863,900

    Sales

  • Current Sale Contract Date: Mar 16, 2020
  • Current Sale Recording Date: Mar 18, 2020
  • Current Sale Transaction ID: 11750674185
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 22603
  • Previous Sale Recording Date: Dec 20, 2019
  • Previous Sale Contract Date: Dec 18, 2019
  • Previous Sale Amount: $1,200,000
  • Previous Sale Document Type: Quit Claim Deed (arm's length)

    Last Sale Mortgage

  • First Mortgage Lender: SOUTH SHORE BANK
  • First Mortgage Transaction Date: Mar 18, 2020
  • First Mortgage Loan Amount: $1,365,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: CROWD LENDING FUND
  • Previous Mortgage Transaction Date: Dec 20, 2019
  • Previous Mortgage Loan Amount: $1,450,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 510 East Broadway located in?
The 510 East Broadway is a house located in the neighborhood of Telegraph Hill in South Boston, Boston.
What is the average sales price for listings in 510 East Broadway?
The average sales price for units in 510 East Broadway is $0 currently.

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