NOT LISTED FOR SALE

312 Shirley St Winthrop, MA 02152

Winthrop Beach Neighborhood

Estimated Value: $5,963,280

30 Beds
31 Baths
16,770 Sq Ft
$356/Sq Ft Est. Value

Last Sold March 31, 2015

Last sale price $3,000,000 $179 Per Sq Ft

Est. 99% increase in value since last sale

Current estimated payment $33,416/month

15 Days on Market

About This Home

As of March 2015

A Beautiful 30 Unit Brick Building being used as successful hotel. WALK TO BEACH! All rooms newly updated 5 years ago. 18 One Bdrms with Kitchen, Lvngroom & Bath,12 Studio's back to back..Could put in a connecting door & make One Bdrms. High ceilings, 12 garage & 11 exterior parking, full sprinkler systems,Electrical boxes in each unit, 2 boilers(gas/fire Hydronic),central air( Whalen units),High efficiency units, Elevator,COMES FURNISHED, Convert to Condos or Keep as an Investment & Rent. USE BUILDING FOR ASSISTED LIVING..BIG CASH FLOW!!....MAKE AN OFFER!

Last Agent to Sell the Property

Danielle Felice

New England Properties License #448500927 Listed on: 02/14/2015

Last Buyer's Agent

Jamie Cholette

Boston Harbor Real Estate

Property Details

Home Type

Multi-Family

Year Built

1925

Lot Details

0

Listing Details

  • Lot Description: Corner
  • Other Agent: 1.50
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1925

Interior Features

  • Has Basement: No
  • Number of Rooms: 6

Exterior Features

  • Construction: Brick
  • Exterior: Brick
  • Exterior Features: Handicap Access, Sprinkler System
  • Foundation: Poured Concrete

Garage/Parking

  • Garage Spaces: 12
  • Parking Spaces: 23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2015
Closed on
Mar 31, 2015
Sold by
Mfd Rt
Bought by
Winthrop Hospitality L
Seller's Agent
Danielle Felice
New England Properties
Buyer's Agent
Jamie Cholette
Boston Harbor Real Estate
List Price
$3,500,000
Sold Price
$3,000,000
Premium/Discount to List
-$500,000
-14.29%
Current Estimated Value
$5,963,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,963,280
Avg. Annual Appreciation
6.61%

Purchase Details

Closed on
Mar 26, 1999
Sold by
Jackson Eric
Bought by
Dow Joseph and Dow Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 9, 1991
Sold by
Mcmanus Ft
Bought by
Jackson Eric
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Winthrop Hospitality L $3,000,000 --
Dow Joseph $240,000 --
Jackson Eric $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jackson Eric $130,000
Previous Owner Jackson Eric $75,000
Previous Owner Jackson Eric $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2015 03/31/15 Sold $3,000,000 -14.3% $179 / Sq Ft
03/01/2015 03/01/15 Pending -- -- --
02/14/2015 02/14/15 For Sale $3,500,000 -- $209 / 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 $24,953 $2,417,900 $592,900 $1,825,000
2024 $25,195 $2,417,900 $592,900 $1,825,000
2023 $25,184 $2,353,600 $592,900 $1,760,700
2022 $24,420 $2,076,500 $529,500 $1,547,000
2021 $25,044 $1,975,100 $428,100 $1,547,000
2020 $24,926 $1,975,100 $428,100 $1,547,000
2019 $23,880 $1,811,800 $329,100 $1,482,700
2018 $24,549 $1,733,700 $293,800 $1,439,900
2017 $24,521 $1,701,700 $283,100 $1,418,600
2016 $26,155 $1,701,700 $283,100 $1,418,600
2015 $22,607 $1,576,500 $277,900 $1,298,600
2014 $23,132 $1,484,700 $262,200 $1,222,500
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2015

    Danielle Felice

    New England Properties

    Section Image
  • Jamie Cholette

    Buyer's Agent in 2015

    Jamie Cholette

    Boston Harbor Real Estate

    (617) 913-2958

    78 Total Sales

    Jamie Cholette
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71792509

MLS Property Information Network (MLS PIN)

APN: WINT-000046-000000-000096

Massachusetts Suffolk County Winthrop 02152 Winthrop Beach

312 Shirley St, Winthrop, MA

Not Listed for Sale

MultiFamily

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