$875,000
SOLD MAR 9, 2018
7 Beds
5 Baths
6,328 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$138 Per Sq Ft

8% Below List Price

7 Days on Market

About This Home

As of March 2018

Investment opportunity - Mixed use property in desirable Winthrop location. 3 residential units (3-2-2) 2 commercial units - 1 office/retail space and 1 large open space. 1st floor of 3 unit residential has been fully rehabbed, 2nd & 3rd floor units are not updated but in good condition. All three residential units are rented TAW. Commercial units are vacant. Parking on site for 6 cars with some room to expand parking.

Last Agent to Sell the Property

Linda Otero

Curzi Realty Group LLC Listed on: 12/27/2017

Last Buyer's Agent

Thomas Mario

Century 21 Mario Real Estate

Century 21 Mario Real Estate

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,849

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Property Type: Multi-family
  • Lead Paint: Unknown
  • Year Built Description: Approximate
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 16
  • Amenities: Public Transportation, House of Worship
  • Electric: 220 Volts, 100 Amps, 200 Amps
  • Basement: Full, Partial
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Levels: 3
  • Main Lo: BB2945
  • Main So: BB2945
  • Estimated Sq Ft: 6328.00

Exterior Features

  • Construction: Frame, Brick
  • Exterior: Aluminum, Brick
  • Exterior Features: Porch
  • Foundation: Concrete Block, Fieldstone
  • Beach: Ocean
  • Beach Ownership: Public

Garage/Parking

  • Parking: Off-Street, Common, Paved Driveway
  • Parking Spaces: 6

Utilities

  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 8

Lot Info

  • Assessor Parcel Number: M:057 L:001
  • Zoning: PRI COM
  • Acre: 0.16
  • Lot Size: 7069.00

Multi Family

  • Total Bedrooms: 7
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Half Baths: 2
  • Total Levels: 3
  • Total Rms: 14
  • Total Rent_1: 4200
  • Multi Family Type: 5+ Family - 5+ Units Up/Down

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2017
Closed on
Mar 9, 2018
Sold by
Huynh Tevin and Huynh Ethan
Bought by
Jb Capital Llc
Seller's Agent
Linda Otero
Curzi Realty Group LLC
Buyer's Agent
Thomas Mario
Century 21 Mario Real Estate
List Price
$949,000
Sold Price
$875,000
Premium/Discount to List
-$74,000
-7.8%
Current Estimated Value
$1,219,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,549
Avg. Annual Appreciation
6.67%
Original Mortgage
$660,750
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 23, 2015
Closed on
Sep 18, 2015
Sold by
Sarnacchiaro Joseph and Sarnacchiaro Anthony
Bought by
Huynh Ethan and Huynh Tevin
Seller's Agent
Roxanne Curzi
Curzi Realty Group LLC
Buyer's Agent
Linda Otero
Curzi Realty Group LLC
List Price
$699,000
Sold Price
$555,000
Premium/Discount to List
-$144,000
-20.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.15%
Original Mortgage
$500,000
Interest Rate
3.94%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Not Resolvable $875,000 --
Not Resolvable $560,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $4,275,000 Stand Alone Refi Refinance Of Original Loan
Closed $3,472,575 Unknown
Closed $660,750 Purchase Money Mortgage
Closed $85,000 Unknown
Previous Owner $500,000 Commercial
Previous Owner $25,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/09/2018 03/09/18 Sold $875,000 -7.8% $138 / Sq Ft
01/03/2018 01/03/18 Pending -- -- --
12/27/2017 12/27/17 For Sale $949,000 +71.0% $150 / Sq Ft
09/16/2015 09/16/15 Sold $555,000 -20.6% $88 / Sq Ft
08/17/2015 08/17/15 Pending -- -- --
02/23/2015 02/23/15 For Sale $699,000 -- $110 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,849 $469,900 $469,900 $0
2024 $9,478 $909,600 $440,900 $468,700
2023 $9,477 $885,700 $440,900 $444,800
2022 $8,876 $754,800 $393,500 $361,300
2021 $8,516 $671,600 $318,300 $353,300
2020 $8,476 $671,600 $318,300 $353,300
2019 $7,672 $582,100 $244,700 $337,400
2018 $7,872 $555,900 $218,500 $337,400
2017 $7,781 $540,000 $210,500 $329,500
2016 $8,286 $539,100 $210,500 $328,600
2015 $7,688 $536,100 $207,500 $328,600
2014 $7,921 $508,400 $195,700 $312,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72266164

MLS Property Information Network (MLS PIN)

APN: WINT-000057-000000-000001