493 Washington Street

Codman Square single-story building sells for $1.58 million, sold for $55,000 in 1999

This past Monday (July 25th, 2016), Washington Codman Square LLC acquired 493 Washington Street, an 8,008 square foot single-story building in Dorchester's Codman Square, for $1.58 million as recorded in the Suffolk County Registry of Deeds. Washington Codman Square LLC also secured a $869,000 mortgage for 493 Washington Street on Monday through Cathay Bank. 493 Washington Street is situated on a 9,690 square foot parcel and is occupied by the Full Life Gospel Center church, which acquired the building in 1999 for $55,000. In 1978, the former owner acquired the building for $25,000. Washington Codman Square LLC, established in May 2016 to own and manage real estate, is managed by Yijie Dai and Jin Yue Zhang of Quincy, MA. The following is the deed for the sale of 493 Washington Street to Washington Codman Square LLC: