NOT LISTED FOR SALE

Estimated Value: $787,786 - $900,000

3 Beds
3 Baths
1,900 Sq Ft
$439/Sq Ft Est. Value

Last Sold September 02, 2021

Last sale price $695,000 $366 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,025/month

10 Days on Market

Highlights

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

About This Home

As of September 2021

Seaside 2 family only a short walk to Winthrop beach! This home has that beach side charm and comes with a beautifully landscaped yard and off street parking. The main second floor unit contains 2-3 bedrooms, charming living and dining room, sun room to relax and enjoy that after work cocktail, and an ocean view deck for reading that good book. The first floor unit is a one bedroom, possibly two, a kitchen that affords space to entertain family and friends, a library or small 2nd bedroom and finished space in the basement. Come visit this delightful 2 family located in Winthrop by the Sea! Boston is only minutes away by auto, the T or the town owned water shuttle. Winthrop affords three new schools, miles of seaside walking and bicycling paths, three yacht clubs and two marinas, press acclaimed restaurants, and an overall welcoming environment.

Last Agent to Sell the Property

James Polino

Compass Listed on: 07/09/2021

Compass

Last Buyer's Agent

Brian Flynn

Coldwell Banker Realty - Lexington

Coldwell Banker Realty - Lexington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,023

Year Built

  • Built in 1920

Lot Details

  • 3,049 Sq Ft Lot
  • Waterfront

Home Design

  • Brick Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,900 Sq Ft Home
  • Property has 1 Level
  • Wood Flooring
  • Basement Fills Entire Space Under The House
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Flood Zone Lot
  • Property is near public transit
  • Property is near schools

Utilities

  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1422807

Community Details

Overview

  • 2 Units

Recreation

  • Marina
  • Park
  • Jogging Path

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,023

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood
  • Fireplace YN: No
  • Appliances: Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 2
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup
  • Basement: Full
  • Living Area: 1900
  • Stories Total: 3
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 368.42
  • PRICE PER Sq Ft: 365.79
  • MAIN SO: AN1405

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Brick/Mortar
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: Yes

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Electric: Circuit Breakers
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Walk/Jog Trails, House of Worship, Marina, Public School

Lot Info

  • Parcel Number: 1422807
  • Zoning: 2 family
  • Farm Land Area Units: Square Feet
  • Lot Features: Flood Plain
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • LOT SIZE: 3054
  • PAGE: 197

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6023
  • Tax Book Number: 19915

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Sep 2, 2021
Sold by
Omalley Nancy
Bought by
Martins Mario J
Seller's Agent
James Polino
Compass
Buyer's Agent
Brian Flynn
Coldwell Banker Realty - Lexington
List Price
$700,000
Sold Price
$695,000
Premium/Discount to List
-$5,000
-0.71%
Current Estimated Value
$834,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,197
Avg. Annual Appreciation
4.52%
Original Mortgage
$542,100
Outstanding Balance
$492,534
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$341,663

Purchase Details

Closed on
Jul 31, 1995
Sold by
East Boston Sb
Bought by
Omalley Nancy

Purchase Details

Closed on
Apr 21, 1995
Sold by
Rajaratnam Joseph B and East Boston Sb
Bought by
East Boston Sb
Source: Public Records

Range of Values:

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Average Value
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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
Martins Mario J $695,000 None Available
Omalley Nancy $110,000 --
East Boston Sb $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martins Mario J $542,100
Previous Owner East Boston Sb $250,000
Previous Owner East Boston Sb $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2021 09/02/21 Sold $695,000 -0.7% $366 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $700,000 -- $368 / 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 $7,381 $715,200 $313,200 $402,000
2024 $7,064 $677,900 $301,000 $376,900
2023 $7,255 $678,000 $275,500 $402,500
2022 $6,169 $524,600 $246,100 $278,500
2021 $6,023 $475,000 $219,700 $255,300
2020 $5,882 $466,100 $219,700 $246,400
2019 $5,775 $438,200 $202,500 $235,700
2018 $5,596 $395,200 $173,800 $221,400
2017 $5,103 $354,100 $154,100 $200,000
2016 $4,832 $314,400 $134,000 $180,400
2015 $4,299 $299,800 $130,100 $169,700
2014 $4,168 $267,500 $121,000 $146,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72863143

MLS Property Information Network (MLS PIN)

APN: WINT-000039-000000-000057