NOT LISTED FOR SALE

285 Washington St Unit 287 Winchester, MA 01890

Estimated Value: $1,102,000 - $1,362,949

7 Beds
4 Baths
2,914 Sq Ft
$423/Sq Ft Est. Value

Last Sold May 12, 2016

Last sale price $795,000 $273 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $6,719/month

32 Days on Market

About This Home

As of May 2016

RARE OFFERING of a 2 family home in Winchester! MURACO School District. A walk to center and train from this Large expansive apartments with high ceilings- each with 2 bathrooms; Well maintained and updated systems, low overhead with good income. Both units DELEADED, certificates are attached, Unit 1 is 5 rooms, 1.5 bathrooms, hardwood floors, fresh paint and new kitchen counters! Unit 2 is 8 rooms, 5 bedrooms, 1.75 bathrooms- newer stove in kitchen, new hot water heater. Hardwood floors, fully applianced kitchens with tile floors, tile bathrooms. MANY UPDATES- Windows replaced in 2005, Furnaces in 2006 & 2009, Vinyl siding 2006, Roof in 2014. PLENTY OF PARKING- each unit has 3 car tandem PLUS a single space!!, separate entrances. Great tenants- both leases have June 30 expiration dates. Seller reserves the right to accept or reject any offer.

Last Agent to Sell the Property

Kelly Catallo

Realty ONE Group Cosmopolitan Listed on: 02/23/2016

Realty ONE Group Cosmopolitan

Last Buyer's Agent

IZABELA FAGUNDE

Izabella Fagundes Realty LLC

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$118

Year Built

1920

Lot Details

0

Listing Details

  • Lot Description: Corner, Paved Drive
  • Property Type: Multi-family
  • Other Agent: 2.00
  • Lead Paint: Certified Treated
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 13
  • Amenities: Public Transportation, Shopping, Highway Access, Private School, Public School, T-Station
  • Electric: Circuit Breakers, 100 Amps, Individually Metered
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Tile, Laminate, Hardwood
  • Basement: Full
  • Total Levels: 3

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Porch, Gutters
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street, Assigned, Guest
  • Parking Spaces: 8

Utilities

  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Electric Range, Washer Hookup, Varies per Unit
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Assessor Parcel Number: M:003 B:0062 L:0
  • Zoning: RG

Multi Family

  • Appliances Common: Washer, Dryer
  • Heat Units: 2
  • Total Bedrooms: 7
  • Total Floors: 3
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Total Levels: 3
  • Total Rms: 13
  • Total Rent_1: 3600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2016
Closed on
May 12, 2016
Sold by
Tangxiue Llc
Bought by
Hamilton Terrance
Seller's Agent
Kelly Catallo
Realty ONE Group Cosmopolitan
Buyer's Agent
IZABELA FAGUNDE
Izabella Fagundes Realty LLC
List Price
$789,000
Sold Price
$795,000
Premium/Discount to List
$6,000
0.76%
Current Estimated Value
$1,231,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,237
Avg. Annual Appreciation
5.21%
Original Mortgage
$636,000
Outstanding Balance
$513,876
Interest Rate
3.71%
Mortgage Type
Unknown
Estimated Equity
$761,173

Purchase Details

Closed on
Feb 12, 2015
Sold by
Cai Chunbo
Bought by
Tangxiue Llc

Purchase Details

Closed on
Jul 28, 2005
Sold by
Hsu Cheng-Pei and Hsu Maggie Wei
Bought by
Cai Chunbo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.67%
Mortgage Type
Purchase Money Mortgage
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
Hamilton Terrance $795,000 --
Tangxiue Llc -- --
Cai Chunbo $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Terrance $636,000
Previous Owner Cai Chunbo $465,000
Previous Owner Hsu Cheng-Pei $382,500
Previous Owner Cai Chunbo $87,374
Previous Owner Cai Chunbo $420,000
Previous Owner Cai Chunbo $52,500
Previous Owner Hsu Cheng-Pei $49,936
Previous Owner Hsu Cheng-Pei $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2016 05/12/16 Sold $795,000 +0.8% $273 / Sq Ft
03/26/2016 03/26/16 Pending -- -- --
02/23/2016 02/23/16 For Sale $789,000 0.0% $271 / Sq Ft
11/20/2013 11/20/13 Rented $1,800 -2.7% --
10/21/2013 10/21/13 Under Contract -- -- --
10/17/2013 10/17/13 For Rent $1,850 +2.8% --
10/01/2012 10/01/12 Rented $1,800 -25.0% --
09/01/2012 09/01/12 Under Contract -- -- --
07/09/2012 07/09/12 For Rent $2,400 +60.0% --
05/17/2012 05/17/12 Rented $1,500 0.0% --
05/17/2012 05/17/12 For Rent $1,500 -- --
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 $118 $1,068,300 $483,000 $585,300
2024 $11,932 $1,053,100 $483,000 $570,100
2023 $11,172 $946,800 $397,800 $549,000
2022 $10,661 $852,200 $355,100 $497,100
2021 $10,609 $826,900 $348,000 $478,900
2020 $10,245 $826,900 $348,000 $478,900
2019 $9,448 $780,200 $348,000 $432,200
2018 $9,441 $774,500 $342,300 $432,200
2017 $8,565 $697,500 $311,100 $386,400
2016 $7,014 $600,500 $296,200 $304,300
2015 $6,736 $554,900 $269,200 $285,700
2014 $6,044 $477,400 $191,800 $285,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71962711

MLS Property Information Network (MLS PIN)

APN: WINC-000003-000062