Carrie Abysalh
RE/MAX Prof Associates
(774) 541-2667
62 Total Sales
1 in Downtown Winthrop
$527,000 Price
50 Summit Ave Unit 52 Winthrop, MA 02152
Downtown Winthrop NeighborhoodEstimated Value: $891,000 - $1,081,654
7
Beds
4
Baths
4,100
Sq Ft
$245/Sq Ft
Est. Value
About This Home
As of November 2016UNIQUE OPPORTUNITY……...Two 2 families on one lot. The smaller rear building has 2 one bedroom apartments and the larger front building has a large one+ bedroom on the first floor and the second floor unit is on 2 levels with a possibility of 3 bedrooms. This property works many different ways, as an owner occupy ( collect your rents and live for a fraction of the mortgage), as an investment for a landlord with the opportunity to just own it outright some day as retirement income or, as a condo conversion for a the real estate developer who is looking for their next project !!! Winthrop-by the Sea, so much to offer…..discover this quaint seaside town just minutes to Boston!
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Property Details
Home Type
Multi-Family
Year Built
1900
Lot Details
7,841 Sq Ft Lot
Listing Details
- Lot Description: Paved Drive
- Property Type: Multi-family
- Other Agent: 1.00
- Lead Paint: Unknown
- Year Round: Yes
- Special Features: None
- Property Sub Type: MultiFamily
- Stories: 5
- Year Built: 1900
Interior Features
- Has Basement: Yes
- Number of Rooms: 17
- Amenities: Public Transportation, Shopping, Park, Golf Course, Marina
- Electric: Circuit Breakers
- Flooring: Hardwood
- Basement: Full, Unfinished Basement
- Total Levels: 5
Exterior Features
- Roof: Asphalt/Fiberglass Shingles
- Construction: Frame
- Exterior: Aluminum
- Foundation: Fieldstone, Brick
- Beach: Ocean, Walk to
- Beach Ownership: Public
Garage/Parking
- Parking: Off-Street, Paved Driveway
- Parking Spaces: 6
Utilities
- Hot Water: Oil, Natural Gas, Tankless
- Utility Connections: Varies per Unit
- Sewer: City/Town Sewer
- Water: City/Town Water
- Sewage District: MWRA
Condo/Co-op/Association
- Total Units: 4
Lot Info
- Zoning: Res.
Multi Family
- Cooling Common: Other (See Remarks)
- Total Bedrooms: 7
- Total Floors: 6
- Total Full Baths: 4
- Total Levels: 5
- Total Rms: 17
- Total Rent_1: 3250
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 24, 2023
Sold by
Bought by
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
$768,000
Outstanding Balance
$739,972
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$266,442
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Winthrop, MA
-
Carrie Abysalh
-
Juan Jaramillo
Juan Jaramillo
(857) 465-4065
60 Total Sales
4 in Downtown Winthrop
$330K - $1.3M Price Range
-
Jose Duce Rocher
JD
Jose Duce Rocher
Century 21 Limitless
(781) 633-6951
154 Total Sales
1 in Downtown Winthrop
$593,500 Price
-
Michael Ford
Michael Ford
Coldwell Banker Realty - Framingham
(508) 978-5409
21 Total Sales
2 in Downtown Winthrop
$275K - $315K Price Range
-
Ali Ludwig
Ali Ludwig
Keller Williams Realty-Merrimack
(351) 208-1956
93 Total Sales
1 in Downtown Winthrop
$492,500 Price
-
Kelly Dimbat
Kelly Dimbat
Lamacchia Realty, Inc.
(781) 557-4147
117 Total Sales
1 in Downtown Winthrop
$552,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $960,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $768,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/18/2016 11/18/16 | Sold | $600,000 | -4.7% | $146 / Sq Ft |
| 08/30/2016 08/30/16 | Pending | -- | -- | -- |
| 08/17/2016 08/17/16 | For Sale | $629,900 | -- | $154 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $9,006 | $872,700 | $354,700 | $518,000 |
| 2024 | $8,263 | $793,000 | $340,900 | $452,100 |
| 2023 | $8,205 | $766,800 | $312,100 | $454,700 |
| 2022 | $8,072 | $686,400 | $278,300 | $408,100 |
| 2021 | $7,990 | $630,100 | $248,500 | $381,600 |
| 2020 | $7,785 | $616,900 | $248,500 | $368,400 |
| 2019 | $7,664 | $581,500 | $229,000 | $352,500 |
| 2018 | $7,476 | $528,000 | $196,600 | $331,400 |
| 2017 | $5,868 | $407,200 | $174,000 | $233,200 |
| 2016 | $5,839 | $379,900 | $151,300 | $228,600 |
| 2015 | $5,220 | $364,000 | $146,900 | $217,100 |
| 2014 | $4,831 | $310,100 | $136,700 | $173,400 |
Source: Public Records
Agents Affiliated with this Home
-
Sharon Tallent
Seller's Agent in 2016
Sharon Tallent
Compass
(617) 206-3333
18 in this area
47 Total Sales
-
Samir Bouchareb
S
Buyer's Agent in 2016
Samir Bouchareb
Coleman Real Estate
(781) 205-4888
1 in this area
2 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72054650
APN: WINT-000062-000000-000029
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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