NOT LISTED FOR SALE

Estimated Value: $1,193,000 - $1,289,000

6 Beds
3.5 Baths
3,149 Sq Ft
$387/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $1,150,000 $365 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,323/month

14 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • 1 Fireplace
  • William P. Gorman/Fort Banks Elementary School Rated A-
  • Wood Flooring
  • Balcony

About This Home

As of May 2024

This gorgeous two-family home is located in Winthrop's Cottage Park and features an attached 300 sqft mixed-use space (w/ full BA, kitchen, and separate entrance). The primary residence boasts an open concept, showcasing an updated kitchen with stainless appliances and an elegant white brick fireplace. Upstairs, enjoy ample space with four bedrooms and a cozy sitting area. Ascend to the third floor to discover a fifth bedroom, a convenient storage closet, and generous attic space. Unit two is nestled up its own set of stairs. Upon entry, you will notice shining hardwoods and lofted ceilings. The central, open staircase leads up to the sleeping area w/ skylight. The backyard is ideal for summer entertaining, complete with an inviting in-ground pool. Situated on a beautiful tree-lined street, just blocks away from Cottage Park Yacht Club. Option to buy recently purchased furniture in like-new condition.

Last Agent to Sell the Property

Abby Reid

Real Broker MA, LLC Listed on: 01/17/2024

Last Buyer's Agent

Cathie Curran

Charlesgate Realty Group, llc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,246

Year Built

  • Built in 1900

Lot Details

  • 9,315 Sq Ft Lot
  • Fenced

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,149 Sq Ft Home
  • 1 Fireplace
  • Storage
  • Unfinished Basement
  • Block Basement Construction

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 5 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Balcony
  • Deck
  • Patio
  • Shed
  • Porch

Listing and Financial Details

  • Total Actual Rent $6,500
  • Assessor Parcel Number 22 22,1421162

Community Details

Overview

  • 2 Units
  • Property has 3 Levels

Building Details

  • Net Operating Income $78,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,246

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 0%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Wood, Tile
  • Interior Amenities: Storage
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Washer, Dryer
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bathrooms: 3.5
  • Basement: Concrete, Unfinished
  • Living Area: 3149
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: BB6400
  • LIST PRICE PER Sq Ft: 381.07
  • PRICE PER Sq Ft: 365.2
  • MAIN SO: NB1520

Exterior Features

  • Exterior Features: Balcony
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch, Deck, Patio
  • Pool Features: In Ground
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 3/10 to 1/2 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 22 22,1421162
  • Zoning: 1040
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Sq Ft: 9315
  • Lot Size Units: Acres
  • PAGE: 9999
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9246
  • Tax Book Number: 999999

Multi Family

  • Gross Income: 78000
  • Net Operating Income: 78000
  • Number Of Units Total: 2
  • Total Actual Rent: 6500
  • LEVELS 1: 3
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2022
Sold by
Deeb Robert L
Bought by
Beckwith Patrick A
Current Estimated Value
$1,219,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$955,000
Interest Rate
4.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jan 21, 2022
Sold by
Koutalakis Stephen and Koutalakis Amanda
Bought by
Deeb Robert L
Seller's Agent
Christina Marenghi
Century 21 North East
Buyer's Agent
Christina Marenghi
Century 21 North East
List Price
$925,000
Sold Price
$925,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$770,000
Interest Rate
3.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2017
Sold by
Koutalakis Amanda
Bought by
Koutalakis Stephen and Koutalakis Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2012
Sold by
Jam Rt
Bought by
Koutalakis Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Beckwith Patrick A $1,025,000 None Available
Deeb Robert L $925,000 None Available
Koutalakis Stephen -- --
Koutalakis Stephen -- --
Koutalakis Stephen -- --
Koutalakis Amanda $323,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beckwith Patrick A $955,000
Previous Owner Deeb Robert L $770,000
Previous Owner Koutalakis Stephen $450,000
Previous Owner Koutalakis Amanda $323,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold $1,150,000 -4.2% $365 / Sq Ft
02/01/2024 02/01/24 Pending -- -- --
01/30/2024 01/30/24 For Sale $1,200,000 0.0% $381 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
01/17/2024 01/17/24 For Sale $1,200,000 +29.7% $381 / Sq Ft
01/21/2022 01/21/22 Sold $925,000 0.0% $294 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $925,000 -- $294 / 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 $10,299 $998,000 $476,200 $521,800
2024 $9,246 $887,300 $457,700 $429,600
2023 $9,807 $916,500 $418,900 $497,600
2022 $9,025 $767,400 $373,900 $393,500
2021 $8,811 $694,900 $333,800 $361,100
2020 $8,612 $682,400 $333,800 $348,600
2019 $8,451 $641,200 $307,600 $333,600
2018 $8,182 $577,800 $264,100 $313,700
2017 $7,719 $535,700 $251,900 $283,800
2016 $7,307 $475,400 $219,000 $256,400
2015 $6,510 $454,000 $212,600 $241,400
2014 $5,799 $372,200 $163,600 $208,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73194385

MLS Property Information Network (MLS PIN)

APN: WINT-000022-000000-000022