NOT LISTED FOR SALE

175 Highland Ave Winchester, MA 01890

Estimated Value: $1,596,000 - $2,602,000

7 Beds
6 Baths
5,474 Sq Ft
$420/Sq Ft Est. Value

Last Sold September 02, 2021

Last sale price $2,250,000 $411 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $12,223/month

15 Days on Market

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • Muraco Elementary School Rated A
  • Property is near public transit
  • 2 Fireplaces

About This Home

As of September 2021

Opportunity to offset expenses while building equity and enjoying all that Winchester has to offer. Stunning 2017 gut renovation of 2 units that each live like single families with distinct address, parking, private entries and exclusive use outdoor spaces. Both units have spacious open concept KIT/DR/LR plus master suite and another bedroom and bath on their main levels. Full renovation included all new systems, new windows, new kitchen, new bathrooms, new flooring. Stylish details throughout. Unit 2 – 27 Park has 2 car garage and 6 space parking, as well as 3 decks and an amazing view of the sunset. Unit 1 – 175 Highland has 4 car parking and covered deck, as well as fenced yard. Both units lead certified. Tenants in place until end of August. Close to Fells and town center. Only 9 miles to Boston. Convenient to 93, 128, 3 and 2. A must see! Offers, if any, reviewed Tuesday 6/15 at 1pm.

Last Agent to Sell the Property

Elizabeth Darby

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 05/31/2021

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Dara Singleton

Better Homes and Gardens Real Estate - The Shanahan Group

Better Homes and Gardens Real Estate - The Shanahan Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $20,899

Year Built

  • Built in 1923

Lot Details

  • 7,405 Sq Ft Lot
  • Near Conservation Area
  • Corner Lot
  • Sprinkler System
  • Garden

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking
  • Deeded Parking

Home Design

  • Shingle Roof
  • Radon Mitigation System
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,474 Sq Ft Home
  • 2 Fireplaces
  • Gas Fireplace
  • Partially Finished Basement
  • Interior Basement Entry

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Rain Gutters

Schools

  • Muraco Elementary School

Utilities

  • Cooling Available
  • 4 Cooling Zones
  • 4 Heating Zones
  • Heating Available
  • Separate Meters
  • 200+ Amp Service
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater

Additional Features

  • Energy-Efficient Thermostat
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $10,200
  • Assessor Parcel Number 894840

Community Details

Overview

  • 2 Units
  • Property has 2 Levels

Amenities

  • Medical Services

Recreation

  • Jogging Path
  • Bike Trail

Building Details

  • Insurance Expense $1,630
  • Water Sewer Expense $1,023
  • Operating Expense $28,832
  • Net Operating Income $94,591

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$20,899

Year Built

Built in 1923

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1923
  • Buyer Agency: 2.5%
  • Buyer Agency Type: %
  • Transaction Broker: 2.5%
  • Transaction Broker Type: %
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • Special Features: None
  • Stories: 5

Interior Features

  • Flooring: Tile,Vinyl,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Pantry,Lead Certification Available,Storage,Stone/Granite/Solid Counters,Bathroom with Shower Stall,Bathroom With Tub & Shower,Open Floor Plan), Unit 2(Ceiling Fans,Pantry,Storage,Walk-In Closet,Bathroom with Shower Stall,Bathroom With Tub & Shower,Open Floor Plan), Unit 1 Rooms(Kitchen,Family Room,Living RM/Dining RM Combo), Unit 2 Rooms(Kitchen,Family Room,Living RM/Dining RM Combo)
  • Fireplace Features: Unit 1(Fireplace - Natural Gas), Unit 2(Fireplace - Natural Gas)
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Appliances: Unit 1(Wall Oven,Dishwasher,Disposal,Microwave,Countertop Range,Refrigerator,Washer,Dryer), Unit 2(Wall Oven,Dishwasher,Disposal,Microwave,Countertop Range,Refrigerator,Washer,Dryer), Gas Water Heater,Tank Water Heaterless, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 7
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
  • Basement: Partially Finished, Interior Entry, Radon Remediation System
  • Living Area: 5474
  • Stories Total: 5
  • MAIN LO: AN6527
  • LIST PRICE PER Sq Ft: 392.77
  • PRICE PER Sq Ft: 411.03
  • MAIN SO: AN0122

Exterior Features

  • Exterior Features: Balcony, Rain Gutters, Sprinkler System, Garden, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck, Deck - Roof
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Deeded
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer
  • Cooling: Unit 1(Central Air), Unit 2(Central Air)
  • Heating: Unit 1(Forced Air,Gas,Hydro Air), Unit 2(Forced Air,Gas,Hydro Air)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 200+ Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 4
  • COOLING ZONES: 4

Condo/Co-op/Association

  • Community Features: Public Transportation, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, T-Station

Fee Information

  • Water Sewer Expenses: 1023

Lot Info

  • Parcel Number: 894840
  • Zoning: rdb
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7405.2
  • Lot Size Units: Acres
  • LOT SIZE: 7500
  • PAGE: 64

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 20898.79
  • Tax Book Number: 68536

Multi Family

  • Gross Income: 123423
  • Insurance Expense: 1630
  • Net Operating Income: 94591
  • Number Of Units Total: 2
  • Operating Expense: 28832
  • Total Actual Rent: 10200
  • LEVELS 1: 2
  • Basement Included Sq Ft: Yes
  • COOLING UNITS: 2
  • LEVELS 2: 3
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • Elementary School: Muraco

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2021
Closed on
Sep 2, 2021
Sold by
Highland Park Llc
Bought by
Roh Charles M and Clevering Sara
Seller's Agent
Elizabeth Darby
Berkshire Hathaway HomeServices Commonwealth Real Estate
Buyer's Agent
Dara Singleton
Better Homes and Gardens Real Estate - The Shanahan Group
List Price
$2,150,000
Sold Price
$2,250,000
Premium/Discount to List
$100,000
4.65%
Current Estimated Value
$2,301,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,545
Avg. Annual Appreciation
-1.75%
Original Mortgage
$1,460,000
Outstanding Balance
$1,338,191
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$755,347

Purchase Details

Listed on
Aug 18, 2016
Closed on
Dec 6, 2016
Sold by
175 Highland Avenue Ll
Bought by
Highland Park Llc
Seller's Agent
Brendan Hare
Blue Birch Realty
Buyer's Agent
Brendan Hare
Blue Birch Realty
List Price
$1,150,000
Sold Price
$989,000
Premium/Discount to List
-$161,000
-14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.89%
Original Mortgage
$1,330,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 23, 2015
Closed on
Feb 1, 2016
Sold by
Derrico Robert E and Derrico Sandra L
Bought by
175 Highland Avenue Ll
Seller's Agent
The Quail Group
eXp Realty
Buyer's Agent
The Quail Group
eXp Realty
List Price
$950,000
Sold Price
$880,000
Premium/Discount to List
-$70,000
-7.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.91%
Original Mortgage
$930,000
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2006
Sold by
Florence H Ciampa Nt
Bought by
Derrico Robert E and Derrico Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.52%
Source: Public Records

Range of Values:

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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
Roh Charles M $2,250,000 None Available
Highland Park Llc $989,000 --
175 Highland Avenue Ll $880,000 --
Derrico Robert E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roh Charles M $1,460,000
Previous Owner Highland Park Llc $1,330,000
Previous Owner 175 Highland Avenue Ll $930,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Sold $2,250,000 +4.7% $411 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
05/31/2021 05/31/21 For Sale $2,150,000 +117.4% $393 / Sq Ft
12/05/2016 12/05/16 Sold $989,000 -9.3% $266 / Sq Ft
10/18/2016 10/18/16 Pending -- -- --
09/28/2016 09/28/16 Price Changed $1,090,000 -5.2% $293 / Sq Ft
08/18/2016 08/18/16 For Sale $1,150,000 +30.7% $309 / Sq Ft
02/01/2016 02/01/16 Sold $880,000 -2.2% $237 / Sq Ft
12/05/2015 12/05/15 Pending -- -- --
11/16/2015 11/16/15 Price Changed $900,000 -5.3% $242 / Sq Ft
09/23/2015 09/23/15 For Sale $950,000 -- $256 / 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 $243 $2,190,700 $867,900 $1,322,800
2024 $24,731 $2,182,800 $867,900 $1,314,900
2023 $23,798 $2,016,800 $739,300 $1,277,500
2022 $23,016 $1,839,800 $675,100 $1,164,700
2021 $20,899 $1,628,900 $562,500 $1,066,400
2020 $20,182 $1,628,900 $562,500 $1,066,400
2019 $18,422 $1,521,200 $530,400 $990,800
2018 $13,877 $1,138,400 $512,700 $625,700
2017 $11,840 $964,200 $512,700 $451,500
2016 $11,592 $992,500 $512,700 $479,800
2015 $11,239 $925,800 $466,100 $459,700
2014 $10,561 $834,200 $389,800 $444,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72839963

MLS Property Information Network (MLS PIN)

APN: WINC-000003-000053