$1,000,000
SOLD DEC 23, 2024
6 Beds
4 Baths
2,355 Sq Ft
7,505 Sq Ft Lot

Recently Sold

$425 Per Sq Ft

12% Below List Price

11 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • Bathtub with Shower
  • Lynch Elementary School Rated A+
  • Tandem Parking
  • Living Room

About This Home

As of December 2024

Motivated Sellers! Wonderful 2 Family on a quiet side street area just off Wedge Pond. Welcome to 37 - 39 Middlesex Street, Winchester. Lack of inside pictures is to protect privacy of the tenants and NOT an indication of poor condition. This is a very solid Two-Family Large Backyard with tremendous privacy behind property abutting Town owned land. Reciprocal side by side duplex with separate everything (Gas, Water, Electric, Laundry access and basement access. Great space as each unit has 2 definite bedrooms and 1.5 baths. Both units also have a 3rd floor area that can be used as a 3rd bedroom, office or any type of bonus room. Both tenants are tenants at will and would love to stay but understand that it might not be the case. Current rents may be undervalued. Note: Seller went through deleading process in 2010. Do not have paperwork. Listing agent has confirmed a certification of some kind was obtained. Buyer shall do their own due diligence.

Last Agent to Sell the Property

Craig Celli

Century 21 North East Listed on: 10/31/2024

Last Buyer's Agent

Craig Celli

Century 21 North East Listed on: 10/31/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,736

Year Built

  • Built in 1900

Lot Details

  • 7,505 Sq Ft Lot
  • Gentle Sloping Lot

Home Design

  • Duplex
  • Stone Foundation

Interior Spaces

  • 2,355 Sq Ft Home
  • Window Screens
  • Living Room
  • Dining Room
  • Storage
  • Washer and Electric Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Bathtub with Shower

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 4 Car Parking Spaces
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Rain Gutters
  • Porch

Utilities

  • 4 Heating Zones
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Baseboard Heating

Listing and Financial Details

  • Total Actual Rent $5,145
  • Assessor Parcel Number M:015 B:0049 L:0,898780

Community Details

Overview

  • 2 Units
  • Property has 3 Levels

Building Details

  • Net Operating Income $61,740

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,736

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Side by Side
  • Year Built: 1900
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Varies, Tile, Hardwood, Carpet
  • Interior Amenities: Storage, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Disposal, Microwave
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup, Dryer Hookup, Electric Dryer Hookup
  • Basement: Full, Concrete
  • Living Area: 2355
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Screens
  • MAIN LO: AC1531
  • LIST PRICE PER Sq Ft: 484.08
  • PRICE PER Sq Ft: 424.63
  • MAIN SO: AC1531

Exterior Features

  • Exterior Features: Rain Gutters
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Heating: Baseboard, Electric, Natural Gas, Unit Control
  • Electric: Other (See Remarks)
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 4
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:015 B:0049 L:0,898780
  • Zoning: RG
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7505
  • Lot Size Units: Acres
  • PAGE: 551
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 11736
  • Tax Book Number: 54430

Multi Family

  • Gross Income: 61740
  • Net Operating Income: 61740
  • Number Of Units Total: 2
  • Total Actual Rent: 5145
  • LEVELS 1: 3
  • Basement Included Sq Ft: No
  • LEVELS 2: 3
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2024
Closed on
Jan 31, 2025
Sold by
Ricardo Anthony M and Leggiero Maura A
Bought by
Gavconn Winchester Llc
Seller's Agent
Craig Celli
Century 21 North East
Buyer's Agent
Craig Celli
Century 21 North East
List Price
$1,140,000
Sold Price
$1,000,000
Premium/Discount to List
-$140,000
-12.28%
Views
21
Current Estimated Value
$1,058,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,990
Avg. Annual Appreciation
6.37%
Original Mortgage
$300,000
Outstanding Balance
$299,227
Interest Rate
6.79%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$731,483

Purchase Details

Closed on
Jan 21, 2022
Sold by
Ladan Fatemi Ret and Fatemi
Bought by
Fatemi Ladan

Purchase Details

Closed on
Oct 7, 2021
Sold by
Fatemi Ladan
Bought by
Ladan Fatemi Ret and Fatemi

Purchase Details

Closed on
Mar 22, 2010
Sold by
Servaes Patricia
Bought by
Fatemi Ladan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2003
Sold by
Gatto Mary Catherine and Gatto Nicholas Adams
Bought by
Servaes Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,000
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2001
Sold by
37 Middlesex St T and Cullen
Bought by
Gatto Nicholas A and Gatto Mary C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed $395,000 --
Deed $395,000 --
Deed $532,500 --
Deed $532,500 --
Deed $395,000 --
Deed $395,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 Purchase Money Mortgage
Closed $300,000 Purchase Money Mortgage
Previous Owner $206,000 No Value Available
Previous Owner $215,000 Purchase Money Mortgage
Previous Owner $426,000 Purchase Money Mortgage
Previous Owner $316,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2024 12/23/24 Sold $1,000,000 -12.3% $425 / Sq Ft
11/11/2024 11/11/24 Pending -- -- --
10/31/2024 10/31/24 For Sale $1,140,000 -- $484 / 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 $11,967 $1,079,100 $593,800 $485,300
2024 $11,736 $1,035,800 $562,600 $473,200
2023 $11,551 $978,900 $515,700 $463,200
2022 $11,096 $887,000 $468,800 $418,200
2021 $10,335 $805,500 $398,500 $407,000
2020 $9,646 $778,500 $398,500 $380,000
2019 $7,502 $619,500 $320,300 $299,200
2018 $7,362 $603,900 $304,700 $299,200
2017 $7,224 $588,300 $289,100 $299,200
2016 $6,431 $550,600 $289,100 $261,500
2015 $6,352 $523,200 $261,700 $261,500
2014 $6,179 $488,100 $226,600 $261,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73308140

MLS Property Information Network (MLS PIN)

APN: WINC-000015-000049