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7 Hesston Terrace

7 Hesston Terrace, Dorchester, MA 02125
Sold Dec 21, 2018
$1,220,000
$16,409,000 by Digital Fcu
Mortgage Due Apr 19, 2052
Sold Feb 15, 2013
$337,000
7 Hesston Terrace has been categorized by the local assessors in Dorchester, MA as a residential type of property. The building on the property was first built in 1915 and is 109 years old. However, we must point out that the home was most recently renovated and altered in 1987. The home has a total of 18 rooms. 9 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 3 stories. In addition, 7 Hesston Terrace has 3,528 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 2,537 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. 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, 7 Hesston Terrace sold most recently in Dec 20, 2018 for a total of $1,220,000. If you work out the math, that's approximately a cost of $345.80 per sqft. Before that, the property was also sold for $337,000 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 $12,471 in taxes each year. The initial year of tax delinquency occurred in 2022. 7 Hesston Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,161,200. If we break it down further, the land itself was valued at $219,100. Improvements to the property, however, were assessed at a total of $942,100. The property's total assessed value has been marked as more than the total market value 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 18
  • Bedroom Count: 9
  • Bathroom Count: 5
  • Full Bathrooms: 3
  • Partial Bathrooms: 5
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,537
  • Total Building Area: 3,528
  • Gross Building Area: 5,343
  • Building Area: 3,528
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 3,528
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.058
  • Standard Land Use Code: Triplex (3 units, any combination)

Ownership

  • Current Owner : REAL ESTATE BOSTON LLC
  • Previous Owner : ZHOU JIAN
  • Owner Before Previous Owner: VOLTAIRE JEAN
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Boston School District
  • Census Tract: 091200

Zoning

  • Zoning: R3

Geography

  • Parcel: DORC W:13 P:01502 S:000
  • Municipality: BOSTON-DORCHESTER
  • Latitude: 42.3139
  • Longitude: -71.0605

    Address

  • Full Address: 7 Hesston Ter
  • Address - House Number: 7
  • Address - Street Name: Hesston
  • Address - Suffix Type: Ter
  • State: MA
  • City Name: Dorchester
  • Carrier Code: C008
  • 4-Digit Zip Code: 4310
  • Zip Code: 02125

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $12,471
  • Intital Tax Deliquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.1645
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 79
  • Final Value: 1,404,415
  • High Value: 1,635,535
  • Low Value: 1,173,296

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $16,409,000
  • First Open Lien Mortgage Lender: DIGITAL FCU
  • First Open Lien Mortgage Recording Date: Apr 19, 2022
  • First Open Lien Mortgage Loan Amount: $16,409,000
  • 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: Apr 19, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,161,200
  • Assessed Land Value: $219,100
  • Assessed Improvements Value: $942,100

    Sales

  • Current Sale Contract Date: Dec 20, 2018
  • Current Sale Recording Date: Dec 21, 2018
  • Current Sale Transaction ID: 11547010338
  • Current Sale Price: $1,220,000
  • Current Sale Document Type: Quit Claim Deed (arm's length)
  • Current Sale Input Document Number: 110163
  • Previous Sale Recording Date: Feb 15, 2013
  • Previous Sale Amount: $337,000
  • Previous Sale Document Type: Foreclosure

    Last Sale Mortgage

  • First Mortgage Lender: HINGHAM INSTITUTION FOR SAVING
  • First Mortgage Transaction Date: Dec 21, 2018
  • First Mortgage Loan Amount: $915,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Dorchester



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Frequently Asked Questions

What neighborhood is 7 Hesston Terrace located in?
The 7 Hesston Terrace is a located in the neighborhood of Uphams Corner - Jones Hill in Dorchester, Dorchester.
What is the average sales price for listings in 7 Hesston Terrace?
The average sales price for units in 7 Hesston Terrace is $0 currently.

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