NOT LISTED FOR SALE

Estimated Value: $649,000 - $1,039,000

4 Beds
2 Baths
1,784 Sq Ft
$439/Sq Ft Est. Value

Last Sold December 20, 2017

Last sale price $482,000 $270 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $4,761/month

96 Days on Market

About This Home

As of December 2017

THIS IS A GREAT INVESTMENT FOR THE RIGHT BUYER……TO OWNER OCCUPY OR TO PURCHASE AND COLLECT THE RENTS !!! This seaside 2 family is just steps away from Winthrop Beach and offers 3 rooms on the first floor and 5 rooms on the second & third with parking and garage. The first floor is a very inviting 1 bedroom apartment with crown molding, new woodwork, French doors and hardwood floors. The larger unit features modern oak kitchen and great floor plan. All separate gas utilities. It's hard to find a 2 family where both units are in good condition at this price point. Discover our town of Winthrop, only minutes to Boston from the T, auto or Winthrop's new town owned water shuttle with boating and yacht clubs, fine Bistros and restaurants, a golf course, new schools and miles of ocean with seaside walking paths. LIFE IS BETTER IN WINTHROP BY THE SEA!

Last Agent to Sell the Property

Sharon Tallent

Compass Listed on: 06/23/2017

Compass

Last Buyer's Agent

Aaron Daigneault

Blue Sky Realty

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,311

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Other (See Remarks)
  • Property Type: Multi-family
  • Other Agent: 1.00
  • 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: 8
  • Amenities: Public Transportation, Park, Golf Course, Conservation Area, Marina
  • Electric: Circuit Breakers
  • Flooring: Wood
  • Basement: Full
  • Full Bathrooms: 2
  • Total Levels: 3
  • Main Lo: BB0815
  • Main So: BB5238
  • Estimated Sq Ft: 1784.00

Exterior Features

  • Construction: Frame
  • Exterior: Asbestos
  • Exterior Features: Porch
  • Foundation: Fieldstone, Brick
  • Beach: Ocean, Walk to
  • Beach Ownership: Public

Garage/Parking

  • Garage Spaces: 1
  • Parking: Off-Street
  • Parking Spaces: 6

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: MWRA

Condo/Co-op/Association

  • Total Units: 2

Schools

  • Elementary School: Gorman School
  • Middle School: Winthrop
  • High School: Winthrop

Lot Info

  • Zoning: 9999999999
  • Acre: 0.11
  • Lot Size: 5000.00

Multi Family

  • Heat Units: 2
  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 3
  • Total Rms: 10
  • Total Rent_1: 2550
  • Multi Family Type: 2 Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2017
Closed on
Dec 20, 2017
Sold by
14 Coral Avenue Rt
Bought by
Flexible Methods Llc
Seller's Agent
Sharon Tallent
Compass
Buyer's Agent
Aaron Daigneault
Blue Sky Realty
List Price
$499,900
Sold Price
$482,000
Premium/Discount to List
-$17,900
-3.58%
Current Estimated Value
$783,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,268
Avg. Annual Appreciation
7.12%
Original Mortgage
$442,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2011
Sold by
Roberto Rita
Bought by
14 Coralk Avenue Rt and Roberto Louie

Purchase Details

Closed on
Apr 5, 2010
Sold by
Lahlali Mark A
Bought by
Roberto Rita

Purchase Details

Closed on
Jul 1, 2004
Sold by
Sarno Debra and Lambros Arthur
Bought by
Lahlali Mark A and Scardino Paola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,200
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 29, 2002
Sold by
Sarno Ralph A
Bought by
Lambros Arthur and Sarno Debra

Purchase Details

Closed on
Mar 5, 1999
Sold by
Fronduto Gary and Fronduto Donna M
Bought by
Sarno Ralph A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Flexible Methods Llc $482,000 --
14 Coralk Avenue Rt -- --
Roberto Rita $250,000 --
Lahlali Mark A $389,900 --
Lambros Arthur $207,500 --
Sarno Ralph A $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flexible Methods Llc $360,000
Open Flexible Methods Llc $5,100,000
Closed Flexible Methods Llc $2,830,000
Closed Flexible Methods Llc $442,000
Previous Owner Fronduto Gary $900,000
Previous Owner Lahlali Mark A $425,000
Previous Owner Fronduto Gary $311,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2017 12/20/17 Sold $482,000 -3.6% $270 / Sq Ft
09/27/2017 09/27/17 Pending -- -- --
06/23/2017 06/23/17 For Sale $499,900 -- $280 / 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 $6,311 $611,500 $337,100 $274,400
2024 $6,202 $595,200 $324,000 $271,200
2023 $6,125 $572,400 $296,500 $275,900
2022 $6,027 $512,500 $264,900 $247,600
2021 $5,880 $463,700 $236,500 $227,200
2020 $5,752 $455,800 $236,500 $219,300
2019 $5,640 $427,900 $218,000 $209,900
2018 $5,140 $363,000 $187,100 $175,900
2017 $4,679 $324,700 $165,600 $159,100
2016 $4,422 $287,700 $144,000 $143,700
2015 $3,945 $275,100 $139,800 $135,300
2014 $3,850 $247,100 $130,000 $117,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72188667

MLS Property Information Network (MLS PIN)

APN: WINT-000051-000000-000063