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Sold for $2,090,000
  • $2,090,000

    492 Sumner St, East Boston, MA 02128

    13beds
    4,033sqft
    4 Family - 4 Units Up/Down
    Built in 2019
    -- sqft lot
    $2,072,800 Zestimate®
    $518/sqft
    $6,366 Estimated rent

    Home value

    $2,072,800

    Estimated sales range

    Not available

    $6,366/mo

    Zestimate® history
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    $9,968/mo

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    What's special

    INVESTORS TAKE NOTE!! Welcome to 492 Sumner Street, a recently renovated four-family in the desirable Jeffries Point neighborhood. The property underwent a comprehensive construction program including new mechanical systems with central heat/AC, in-unit laundry, hardwood floors, shaker style white cabinets, quartz countertops, as well as stainless steel appliances. Additional unit features include sub-metered utilities and rear balconies with backyard access. The building is also sprinklered to meet life safety codes. The expansive unit mix consists of one (1) 2-bed/2-bath, one (1) 3-bed/2-bath, and two (2) 4-bed/2-bath units, which is ideal for maximizing bedroom count and cash-flow. The best of Jeffries Point is at your fingertips with close proximity to Piers Park, public transit, and the marina, as well as great neighborhood bars/restaurants. This property presents a unique opportunity for an investor to supplement their portfolio as interest rates continue to trend downwards.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Sellers 334-312-6255,

    Odessit Capital 617-277-4000

    Bought with:

    SPG Brokerage

    Sun Property Group

    Source: MLS PIN,MLS#: 73286026

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 13
    • Bathrooms: 8
    • Full bathrooms: 8
    Features
    • Flooring: Wood
    • Basement: Full,Finished,Walk-Out Access
    • Has fireplace: No
    Interior area
    • Total structure area: 4,033
    • Total interior livable area: 4,033 sqft

    Property

    Features
    • Patio & porch: Deck - Wood
    • Exterior features: Rain Gutters
    • Fencing: Fenced
    Lot
    • Size: 2,633 sqft
    • Features: Gentle Sloping
    Details
    • Parcel number: 1329313
    • Zoning: EBR-3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 4 Family - 4 Units Up/Down
    Materials
    • Foundation: Stone
    Condition
    • Year built: 2019

    Utilities & green energy

    • Electric: Circuit Breakers, Individually Metered
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: East Boston

    HOA & financial

    Other financial information
    • Total actual rent: 14525

    Price history

    DateEventPrice
    10/28/2024Sold$2,090,000-12.9%$518/sqft
    Source: MLS PIN #73286026 Report a problem
    9/5/2024Listed for sale$2,399,000+160.5%$595/sqft
    Source: MLS PIN #73286026 Report a problem
    5/16/2024Listing removed--
    Source: Zillow Rentals Report a problem
    4/25/2024Listed for rent$4,175+9.9%$1/sqft
    Source: Zillow Rentals Report a problem
    8/20/2021Listing removed--
    Source: Zillow Rental Manager Report a problem
    7/9/2021Listed for rent$3,800$1/sqft
    Source: Zillow Rental Manager Report a problem
    10/1/2019Sold$921,000-3.1%$228/sqft
    Source: Public Record Report a problem
    7/26/2019Pending sale$950,000$236/sqft
    Source: CENTURY 21 Mario Real Estate #72538865 Report a problem
    7/24/2019Listed for sale$950,000$236/sqft
    Source: Century 21 Mario Real Estate #72538865 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$18,528 +31.1%$1,600,000 +23.4%
    2024$14,133 +6.5%$1,296,600 +4.9%
    2023$13,274 +10.6%$1,235,900 +12%
    2022$12,007 +27.8%$1,103,600 +25.4%
    2021$9,392 +17.9%$880,200 +16.7%
    2020$7,963 +12.2%$754,100 +12%
    2019$7,098 +12.7%$673,400 +12%
    2018$6,298 +694.2%$601,000 +12%
    2017$793 -84.6%$536,700 +15%
    2016$5,134 +7.2%$466,700 +18%
    2015$4,790 +14.5%$395,500 +24.2%
    2013$4,184 -3.8%$318,400 -4.5%
    2012$4,348 -1.1%$333,400 -3%
    2011$4,395 +1.2%$343,600 -6%
    2010$4,342 +10.4%$365,500 -1.2%
    2009$3,932 -17.7%$369,900 -15%
    2008$4,776 -3.2%$435,400 -3%
    2007$4,933 $448,900

    Find assessor info on the county website

    Neighborhood: East Boston

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,072,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,072,800