NOT LISTED FOR SALE

Estimated Value: $872,000 - $1,020,000

6 Beds
2.5 Baths
2,178 Sq Ft
$428/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $790,000 $363 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,929/month

4 Days on Market

Highlights

  • Marina
  • Waterfront
  • Wood Flooring
  • William P. Gorman/Fort Banks Elementary School Rated A-
  • Property is near public transit
  • Jogging Path

About This Home

As of December 2021

Turn key Winthrop 2-family steps to Donovan Beach. Great for investment or to use as owner-occupied. Renovated units with separate systems. Unit 1 consists of 3 beds, 1.5 baths on the first floor. Currently vacant, the unit was recently leased for $2,200 for the past 3 years. Unit 3 consists of 3 beds, 1 bath on the second level with a long term tenant at $2,200. Active lease until 8/22. Gas heat. Unfinished basement with 2 separate hook-ups for laundry - 1 set of machines provided. Large driveway with parking for up to 6.

Last Listed By

Morgan Wigden

Shilalis Real Estate Listed on: 11/11/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,021

Year Built

  • Built in 1920 | Remodeled

Lot Details

  • 4,792 Sq Ft Lot
  • Waterfront
  • Near Conservation Area
  • Level Lot

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,178 Sq Ft Home
  • Property has 1 Level
  • Washer

Kitchen

  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Patio

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Cooling Available
  • 2 Heating Zones
  • Heating Available
  • 200+ Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,400
  • Rent includes unit 1(water), unit 2(water)
  • Tax Lot 088
  • Assessor Parcel Number 1422477

Community Details

Overview

  • 2 Units

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Water Sewer Expense $1,400
  • Operating Expense $1,400
  • Net Operating Income $51,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,021

Year Built

Built in 1920 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled
  • Year Built: 1920
  • Buyer Agency: 2.0
  • Buyer Agency Type: %
  • Sub Agent Compensation: 2.0
  • Sub Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: Yes
  • Year Round: Yes
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Tile,Hardwood, Unit 1(undefined), Unit 2(Tile Floor,Hardwood Floors,Wood Flooring,Stone/Ceramic Tile Floor)
  • Interior Amenities: Unit 1(Ceiling Fans,Pantry,Stone/Granite/Solid Counters,High Speed Internet Hookup,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower), Unit 2(Pantry,Stone/Granite/Solid Counters,High Speed Internet Hookup,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer,Washer,Dryer), Unit 2(Range,Dishwasher,Disposal,Microwave,Refrigerator,Freezer,Washer,Dryer), Gas Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Laundry Features: Washer Hookup
  • Basement: Full, Interior Entry, Unfinished
  • Living Area: 2178
  • Stories Total: 3
  • MAIN LO: AC0925
  • LIST PRICE PER Sq Ft: 358.13
  • PRICE PER Sq Ft: 362.72
  • MAIN SO: B95159

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block
  • Patio And Porch Features: Patio
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Harbor, Ocean, 0 to 1/10 Mile To Beach
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Driveway, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, Washer Hookup
  • Cooling: Unit 1(Wall AC)
  • Heating: Unit 1(Hot Water Baseboard,Gas)
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water)

Fee Information

  • Water Sewer Expenses: 1400

Lot Info

  • Parcel Number: 1422477
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • LOT SIZE: 5000
  • PAGE: 330

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7020.92
  • Tax Book Number: 52303
  • Tax Lot: 088
  • Tax Map Number: 035

Multi Family

  • Gross Income: 52800
  • Net Operating Income: 51400
  • Number Of Units Total: 2
  • Operating Expense: 1400
  • Total Actual Rent: 4400
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2021
Closed on
Dec 30, 2021
Sold by
Hernandez Tomas L
Bought by
Hernandez Tomas L and Riviera Jhoselyn J
Seller's Agent
Morgan Wigden
Shilalis Real Estate
Buyer's Agent
Mirna Orellana
COM-PRO Real Estate Services, Inc
List Price
$780,000
Sold Price
$790,000
Premium/Discount to List
$10,000
1.28%
Total Days on Market
4
Current Estimated Value
$932,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,543
Avg. Annual Appreciation
4.98%
Original Mortgage
$775,691
Interest Rate
3.11%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 10, 2013
Closed on
Oct 31, 2013
Sold by
Boudreau Francis D
Bought by
Sullivan Susan S and Distefano Melissa A
Seller's Agent
Cathie Curran
Charlesgate Realty Group, llc
Buyer's Agent
Russ Bradchulis
Keller Williams Realty
List Price
$415,000
Sold Price
$380,000
Premium/Discount to List
-$35,000
-8.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%
Original Mortgage
$285,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2011
Sold by
Russo Jamie
Bought by
Boudreau Francis D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,014
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 2011
Sold by
Silva Alejandro and One West Bank
Bought by
Russo Jamie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2006
Sold by
Polichetti Giovanni and Polichetti Lucia
Bought by
Gaete Alejandra T and Silva Alejandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,600
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

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
Hernandez Tomas L -- None Available
Hernandez Tomas L $790,000 None Available
Sullivan Susan S $380,000 --
Boudreau Francis D $315,000 --
Russo Jamie $257,500 --
Gaete Alejandra T $482,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Tomas L $775,691
Previous Owner Sullivan Susan S $285,000
Previous Owner Boudraeau Francis D $305,000
Previous Owner Boudreau Francis D $307,014
Previous Owner Russo Jamie $250,000
Previous Owner Gaete Alejandra T $385,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2021 12/30/21 Sold $790,000 +1.3% $363 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $780,000 +105.3% $358 / Sq Ft
10/30/2013 10/30/13 Sold $380,000 -8.4% $174 / Sq Ft
09/30/2013 09/30/13 Pending -- -- --
09/10/2013 09/10/13 For Sale $415,000 -- $191 / 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 $8,525 $826,100 $316,800 $509,300
2024 $8,145 $781,700 $304,500 $477,200
2023 $8,437 $788,500 $278,700 $509,800
2022 $7,177 $610,300 $249,000 $361,300
2021 $7,021 $553,700 $222,300 $331,400
2020 $6,843 $542,200 $222,300 $319,900
2019 $6,735 $511,000 $204,900 $306,100
2018 $6,563 $463,500 $175,900 $287,600
2017 $6,038 $419,000 $159,000 $260,000
2016 $5,695 $370,500 $135,400 $235,100
2015 $5,058 $352,700 $131,400 $221,300
2014 $4,476 $287,300 $117,000 $170,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72918842

MLS Property Information Network (MLS PIN)

APN: WINT-000035-000000-000088