NOT LISTED FOR SALE

Estimated Value: $1,009,000 - $1,303,000

9 Beds
3 Baths
3,972 Sq Ft
$295/Sq Ft Est. Value

Last Sold October 26, 2018

Last sale price $775,000 $195 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $7,208/month

22 Days on Market

About This Home

As of October 2018

Welcome to Winthrop Beach! This oceanside residential neighborhood has enjoyed tremendous growth and development over the past three years, and is becoming a desirable enclave of upscale condominiums and investment properties for buyers from all corners of Greater Boston. 48-50 Trident Avenue will be a fantastic investment opportunity for both owner-occupants and buy-and-hold investors. Three well-maintained, large residential units, each with three bedrooms and one bathroom, are located just a few doors away from Winthrop Beach and the new DCR boulevard on Winthrop Shore Drive. Enjoy ocean views from the back deck and sun room in Unit 3, and briny sea breeze from every floor. With tenant friendly features such as easy access to the MBTA Blue-Line, Commuter Ferry to Aquarium, laundry in the basement, and three separate gas heating systems, this classic New England triple-decker a great buy for investors of all types.

Last Agent to Sell the Property

Stephen Hines

Lantern Residential License #449595339 Listed on: 08/07/2018

Last Buyer's Agent

Julie Tsakirgis

RE/MAX Property Shoppe, Inc.

RE/MAX Property Shoppe, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,395

Year Built

  • Built in 1900

Lot Details

  • 3,485

Property Views

  • Ocean Views

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,395

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Actual
  • List Price Per Sq Ft: 211.23
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Total Flrs: 6
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 20
  • Rms Common: Laundry
  • Basement: Y
  • Basement Features: Full, Concrete Floor
  • Main Lo: A95638
  • Main So: B95071
  • Estimated Sq Ft: 3972.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Waterview Features: Ocean
  • Waterview Flag: Yes
  • Construction: Frame
  • Roof Material: Rubber
  • Foundation: Irregular

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewage District: MWRA
  • Heat Zones: 3

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Laundromat, Conservation Area, Highway Access, Marina, Public School

Schools

  • Middle School: Middle/High
  • High School: Middle/High

Lot Info

  • Assessments: 448800.00
  • Acre: 0.08
  • Lot Size: 3484.00
  • Page: 134
  • Zoning: Res A
  • Lot Description: Flood Plain, Level

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rms: 20
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 6355.01
  • Assessor Parcel Number: 1423646

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2018
Closed on
Oct 26, 2018
Sold by
48 & 50 Trident Rt
Bought by
Foley Mark W
Seller's Agent
Stephen Hines
Lantern Residential
Buyer's Agent
Julie Tsakirgis
RE/MAX Property Shoppe, Inc.
List Price
$839,000
Sold Price
$775,000
Premium/Discount to List
-$64,000
-7.63%
Current Estimated Value
$1,164,015

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,015
Avg. Annual Appreciation
5.80%
Original Mortgage
$757,020
Outstanding Balance
$667,840
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$470,491

Purchase Details

Closed on
Mar 6, 2012
Sold by
Daniels Peter
Bought by
48-50 Trident Rt

Purchase Details

Closed on
Jun 2, 2000
Sold by
Hayes William E
Bought by
Daniels Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
8.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 1992
Sold by
Eilbracht E Lloyd
Bought by
Hayes William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,050
Interest Rate
8.7%

Purchase Details

Closed on
Jun 25, 1987
Sold by
Mccann John J
Bought by
Eilbracht Edward L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
10.5%
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 Buyer Sale Price Title Company
Foley Mark W $775,000 --
48-50 Trident Rt -- --
Daniels Peter $325,000 --
Hayes William E $135,000 --
Eilbracht Edward L $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foley Mark W $453,338
Open Foley Mark W $757,020
Previous Owner Eilbracht Edward L $260,000
Previous Owner Eilbracht Edward L $134,000
Previous Owner Eilbracht Edward L $350,050
Previous Owner Eilbracht Edward L $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $775,000 -7.6% $195 / Sq Ft
08/29/2018 08/29/18 Pending -- -- --
08/07/2018 08/07/18 For Sale $839,000 -- $211 / 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 $10,395 $1,007,300 $319,600 $687,700
2024 $10,329 $991,300 $307,200 $684,100
2023 $9,951 $930,000 $281,200 $648,800
2022 $9,715 $826,100 $251,100 $575,000
2021 $9,524 $751,100 $224,200 $526,900
2020 $8,069 $639,400 $224,200 $415,200
2019 $6,781 $514,500 $206,600 $307,900
2018 $6,355 $448,800 $177,400 $271,400
2017 $5,889 $408,700 $157,300 $251,400
2016 $5,776 $375,800 $136,800 $239,000
2015 $5,046 $351,900 $132,800 $219,100
2014 $5,260 $337,600 $123,500 $214,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72374806

MLS Property Information Network (MLS PIN)

APN: WINT-000051-000000-000093