Seller's Agent in 2018
Sarah Rodewald
SR Realty
(314) 814-2145
22 Total Sales
4 Revere St Winthrop, MA 02152
Downtown Winthrop NeighborhoodEstimated Value: $830,865
7
Beds
5
Baths
4,856
Sq Ft
$171/Sq Ft
Est. Value
Highlights
- Wood Flooring
- William P. Gorman/Fort Banks Elementary School Rated A-
- Enclosed patio or porch
About This Home
As of October 2018Investors and End-users will be especially interested in this property. The owner has been making a steady stream of income from the current rents even though they are below current market rents. This mixed-use commercial/multi-family property has 3 residential units with the potential for a fourth unit and a commercial unit on the first floor. As it stands, the current cap rate is about 6%. Whether you would like to hold this unit for the income or potentially redevelop, the neighborhood has a lot to offer. It is a short walk to the beach or this building is near the main street coffee shops and other hidden gems Winthrop has to offer. Additionally, you can take the Paul Revere Bus to the Blue Line and straight into Boston. This building does not currently require flood insurance and the roof was replaced last year. Come to see 4 Revere St this weekend 7/29 & 7/30. Must contact the listing agent to attend the group showings.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,343
Year Built
- Built in 1900
Lot Details
- 3,920
Flooring
- Wood
- Laminate
- Concrete
- Tile
Additional Features
- Enclosed patio or porch
- Natural Gas Water Heater
- Basement
Listing and Financial Details
- Assessor Parcel Number M:055 L:063
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 14, 2010
Sold by
Gao Mei Y
Bought by
Bob Bait Rt
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.36%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 28, 2007
Sold by
Zou Ying J
Bought by
Gao Mei Y
Purchase Details
Closed on
May 21, 2007
Sold by
Gao Mei Y
Bought by
Gao Mei Y and Zou Ying J
Purchase Details
Closed on
Mar 28, 2005
Sold by
Noiles James M and Noiles Virginia C
Bought by
Gao Mei Y
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
5.56%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bob Bait Rt | $370,000 | -- | |
| Gao Mei Y | -- | -- | |
| Gao Mei Y | -- | -- | |
| Gao Mei Y | $470,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Stonington Capital Llc | $500,000 | |
| Closed | Stetson Rlty Llc | $250,000 | |
| Open | Stetson Rlty Llc | $912,000 | |
| Closed | Stetson Realty Llc | $752,000 | |
| Closed | Bob Bait Rt | $285,000 | |
| Previous Owner | Gao Mei Y | $225,000 | |
| Previous Owner | Noiles James M | $150,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/01/2018 10/01/18 | Sold | $790,000 | 0.0% | $163 / Sq Ft |
| 08/01/2018 08/01/18 | Pending | -- | -- | -- |
| 07/09/2018 07/09/18 | For Sale | $790,000 | -- | $163 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $8,343 | $808,400 | $307,100 | $501,300 |
| 2024 | $8,265 | $793,200 | $295,200 | $498,000 |
| 2023 | $8,468 | $791,400 | $270,200 | $521,200 |
| 2022 | $9,267 | $788,000 | $241,300 | $546,700 |
| 2021 | $9,090 | $716,900 | $215,400 | $501,500 |
| 2020 | $8,213 | $650,800 | $215,400 | $435,400 |
| 2019 | $6,288 | $477,100 | $198,600 | $278,500 |
| 2018 | $6,185 | $436,800 | $170,400 | $266,400 |
| 2017 | $5,784 | $401,400 | $154,300 | $247,100 |
| 2016 | $5,632 | $366,400 | $131,400 | $235,000 |
| 2015 | $4,921 | $343,200 | $127,500 | $215,700 |
| 2014 | $5,056 | $324,500 | $113,600 | $210,900 |
Source: Public Records
Agents Affiliated with this Home
-
Sarah Rodewald
-
Dino Confalone
Seller Co-Listing Agent in 2018
Dino Confalone
Gibson Sothebys International Realty
(617) 803-5007
98 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72367634
APN: WINT-000055-000000-000063
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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