NOT LISTED FOR SALE

48-50 Waldemar Ave Winthrop, MA 02152

Downtown Winthrop Neighborhood

Estimated Value: $1,083,000

7 Beds
4 Baths
4,444 Sq Ft
$244/Sq Ft Est. Value

Last Sold August 14, 2023

Last sale price $1,020,000 $230 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,487/month

Highlights

  • Marina
  • Golf Course Community
  • Waterfront
  • William P. Gorman/Fort Banks Elementary School Rated A-
  • Medical Services
  • Property is near public transit

About This Home

As of August 2023

This enormous three level 2 family home in Winthrop By The Sea won't last long! From stunning marble countertops and a brand new tile floor in both kitchens this home has endless possibilities! New appliance packages as well as electrical fixtures available to the new owner. Gleaming hardwood floors, tons of closet space, large front porches and two full bathrooms in both units. Fully serviced gas fired heat and double washer/dryer. The backyard is quaint, quiet and relaxing just perfect for a green thumb. Plenty of parking with a 2 car garage including 8 off-street parking is a bonus on this QUIET tree lined, newly paved street. Nothing to do here, but unpack! Come make this HUGE investment property yours!

Last Agent to Sell the Property

Jessica Pumphret

Blue Sky Realty Listed on: 04/18/2023

Last Buyer's Agent

Sharon Tallent

Compass

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,053

Year Built

  • Built in 1900

Lot Details

  • Waterfront

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Duplex
  • Frame Construction
  • Wood Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,444 Sq Ft Home
  • Property has 1 Level
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Assessor Parcel Number 1422468

Community Details

Overview

  • 2 Units
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,053

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1900
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 7
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Laundry Room
  • Living Area: 4444
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: BB5238
  • MAIN SO: AN2383

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Roof: Wood
  • Waterfront Features: Beach Front, 0 to 1/10 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1422468
  • Zoning: A
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8053

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
Aug 14, 2023
Sold by
Green Properties Llc
Bought by
French Peter and Chancy Felicia
Seller's Agent
Jessica Pumphret
Blue Sky Realty
Buyer's Agent
Sharon Tallent
Compass
List Price
$1,180,000
Sold Price
$1,020,000
Premium/Discount to List
-$160,000
-13.56%
Views
206
Current Estimated Value
$1,083,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,000
Original Mortgage
$867,000
Outstanding Balance
$845,139
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 11, 2020
Sold by
Messina John J
Bought by
Green Properties Llc

Purchase Details

Closed on
Nov 19, 2007
Sold by
Messina Patricia A
Bought by
Messina John J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
French Peter $1,020,000 None Available
Green Properties Llc $560,000 None Available
Messina John J -- --
Messina John J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open French Peter $867,000
Previous Owner Messina John J $325,500
Previous Owner Messina John J $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2023 08/14/23 Sold $1,020,000 -13.6% $230 / Sq Ft
07/14/2023 07/14/23 For Sale $1,180,000 -- $266 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
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 $9,681 $938,100 $452,000 $486,100
2024 $7,970 $764,900 $434,400 $330,500
2023 $8,187 $765,100 $397,600 $367,500
2022 $8,053 $684,800 $354,600 $330,200
2021 $7,860 $619,900 $316,700 $303,200
2020 $7,693 $609,600 $316,700 $292,900
2019 $7,542 $572,200 $291,800 $280,400
2018 $7,282 $514,300 $250,500 $263,800
2017 $6,885 $477,800 $238,900 $238,900
2016 $6,515 $423,900 $207,800 $216,100
2015 $5,813 $405,400 $201,700 $203,700
2014 $5,504 $353,300 $155,300 $198,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jessica Pumphret

    Blue Sky Realty

    (617) 821-4331

    2 in this area

    7 Total Sales

    Jessica Pumphret
    Section Image
  • Sharon Tallent

    Buyer's Agent in 2023

    Sharon Tallent

    Compass

    (617) 206-3333

    20 in this area

    55 Total Sales

    Sharon Tallent
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73136321

MLS Property Information Network (MLS PIN)

APN: WINT-000035-000000-000079

Massachusetts Suffolk County Winthrop 02152 Downtown Winthrop

48-50 Waldemar Ave, Winthrop, MA

Not Listed for Sale

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