NOT LISTED FOR SALE

Estimated Value: $673,191 - $742,000

4 Beds
2 Baths
1,839 Sq Ft
$382/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $538,050 $293 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $4,437/month

9 Days on Market

Highlights

  • Ocean View
  • Deck
  • 3-minute walk to Massa Playground
  • William P. Gorman/Fort Banks Elementary School Rated A-
  • Wood Flooring

About This Home

As of December 2020

Exceptional Opportunity for an affordable two-family property near Winthrop Beach. Desirable "Cottage Hill" a beautiful oceanside neighborhood. Nine total rooms within this two unit property. A two sided fireplace in the first floor unit, plus master bedroom with large walk-in closet. The second floor unit has four rooms, two bedrooms and Ocean views from the roof deck. Tile floor in the kitchen and laundry in the unit. Two separate driveways, hold a total of potentially five cars and a fenced in yard. Being sold "AS IS", Some interior and exterior work is needed. Covid-19 protocols are in effect, Masks are required.

Last Agent to Sell the Property

Douglas Desrocher

Desrocher Real Estate Listed on: 11/04/2020

Last Buyer's Agent

Jonathan Mathews

Legacy Realty Advisors LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,247

Year Built

  • Built in 1910

Lot Details

  • 3,049

Property Views

  • Ocean Views
  • Views of a Sound

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Outdoor Features

  • Deck

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:026 L:041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,247

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.50
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 314.85
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1910

Interior Features

  • Fireplaces: 1
  • Flooring: Wood, Tile, Wall to Wall Carpet
  • Total Flrs: 3
  • Total Frplcs: 1
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 9
  • Basement: Y
  • Basement Features: Full, Bulkhead
  • Main Lo: C27000
  • Main So: BB5522
  • Estimated Sq Ft: 1839.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Waterview Features: Ocean, Public, Sound
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Features: Deck - Roof
  • Foundation: Fieldstone, Irregular

Garage/Parking

  • Parking Feature: Off-Street, Tandem, Paved Driveway
  • Parking Spaces: 5

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Park, Walk/Jog Trails, T-Station

Lot Info

  • Assessments: 453300.00
  • Acre: 0.07
  • Lot Size: 3036.00
  • Page: 330
  • Parcel Number: M:026 L:041
  • Zoning: R5
  • Lot Description: Paved Drive, Flood Plain, Level

Green Features

  • Energy Features: Insulated Windows

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rms: 9
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 5721.00
  • Assessor Parcel Number: 1421424
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2020
Closed on
Nov 30, 2020
Sold by
Trainor Kerry J
Bought by
Mathews Jonathan
Seller's Agent
Douglas Desrocher
Desrocher Real Estate
Buyer's Agent
Jonathan Mathews
Legacy Realty Advisors LLC
List Price
$579,000
Sold Price
$538,050
Premium/Discount to List
-$40,950
-7.07%
Current Estimated Value
$703,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,998
Avg. Annual Appreciation
6.56%
Original Mortgage
$430,440
Outstanding Balance
$387,608
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$328,429

Purchase Details

Closed on
Jul 25, 1991
Sold by
Financial Entprs Corp
Bought by
Trainor Kerry J and Trainor Jennifer E

Purchase Details

Closed on
Jun 28, 1991
Sold by
Quental Mark A
Bought by
Fin Entrprs Corp
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 Buyer Sale Price Title Company
Mathews Jonathan $538,050 None Available
Trainor Kerry J $152,000 --
Fin Entrprs Corp $103,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathews Jonathan $430,440
Previous Owner Trainor Kerry J $247,500
Previous Owner Quental Mark A $231,000
Previous Owner Trainor Kerry J $243,750
Previous Owner Trainor Jennifer E $84,000
Previous Owner Quental Mark A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $538,050 -7.1% $293 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
11/04/2020 11/04/20 For Sale $579,000 -- $315 / 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 $6,247 $605,300 $312,800 $292,500
2024 $6,164 $591,600 $300,600 $291,000
2023 $6,094 $569,500 $275,200 $294,300
2022 $5,995 $509,800 $245,700 $264,100
2021 $5,854 $461,700 $219,400 $242,300
2020 $5,721 $453,300 $219,400 $233,900
2019 $5,615 $426,000 $202,200 $223,800
2018 $5,437 $384,000 $173,600 $210,400
2017 $4,960 $344,200 $153,900 $190,300
2016 $4,697 $305,600 $133,800 $171,800
2015 $4,182 $291,600 $129,900 $161,700
2014 $4,062 $260,700 $120,800 $139,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72752948

MLS Property Information Network (MLS PIN)

APN: WINT-000026-000000-000041