NOT LISTED FOR SALE

Estimated Value: $823,000 - $1,020,627

5 Beds
3 Baths
2,220 Sq Ft
$413/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $694,000 $313 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,576/month

5 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Garden
  • William P. Gorman/Fort Banks Elementary School Rated A-

About This Home

As of September 2020

GREAT OPPORTUNITY FOR LONG TERM INVESTMENT........ THIS PURCHASE MAKES SENSE! THE CHOICE IS YOURS, it is a great owner occupy property with 2 rents to help pay the mortgage. Or, as a 3 unit investment, you will always have rents coming in. Located on a dead-end street, it's a nice quiet location with a country setting. Plenty of off street parking, a nice yard for outdoor space and very nice manageable units. Updated, separate utilities and a smart consideration in Winthrop by the Sea, just minutes to Boston, where 3 families are hard to find! SHOWINGS ON SUNDAY, 7/12 from NOON-1:00 BY APPOINTMENT WITH LIMITED ACCESS. Thank you for understanding in these difficult times, See disclosures***

Last Agent to Sell the Property

Sharon Tallent

Compass Listed on: 07/10/2020

Compass

Co-Listed By

David Tallent

Compass

Last Buyer's Agent

Michael Forcillo

Coldwell Banker Peggy Carter Team

Coldwell Banker Peggy Carter Team

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,968

Year Built

  • Built in 1910

Lot Details

  • Year Round Access
  • Garden

Flooring

  • Wood
  • Tile

Additional Features

  • Deck
  • Electric Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,968

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 310.77
  • Comp Based On: Net Sale Price
  • Year Built: 1910
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1910

Interior Features

  • Flooring: Wood, Tile
  • Total Flrs: 6
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 13
  • Basement: Y
  • Basement Features: Full, Walk Out
  • Main Lo: AN2383
  • Main So: AC0794
  • Estimated Sq Ft: 2220.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 1/2 to 1 Mile
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood, Aluminum
  • Exterior Features: Deck, Garden Area
  • Foundation: Concrete Block

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 6

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Sewage District: MWRA
  • Hot Water: Electric

Condo/Co-op/Association

  • Amenities: Public Transportation, Golf Course, Conservation Area, Marina, Public School

Lot Info

  • Assessments: 520600.00
  • Acre: 0.11
  • Lot Size: 4794.00
  • Page: 66
  • Zoning: RES.
  • Lot Description: Paved Drive, Flood Plain

Multi Family

  • Total Levels: 3
  • Total Rent: 4600
  • Total Rms: 13
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 6569.97
  • Assessor Parcel Number: 1422739

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2022
Sold by
Mcnamara William T and Cross Jesse T
Bought by
51 Willow Ave Winthrop
Current Estimated Value
$916,657

Purchase Details

Listed on
Jul 10, 2020
Closed on
Aug 28, 2020
Sold by
Callis Matthew E and Callis Laura K
Bought by
Mcnamara William T and Cross Jesse T
Seller's Agent
Sharon Tallent
Compass
Buyer's Agent
Michael Forcillo
Coldwell Banker Peggy Carter Team
List Price
$689,900
Sold Price
$694,000
Premium/Discount to List
$4,100
0.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$635,530
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Listed on
May 20, 2014
Closed on
Jul 23, 2014
Sold by
51 Willow Ave Llc
Bought by
Callis Matthew E and Callis Laura K
Seller's Agent
Maureen Crosby
Cottage Hill Real Estate
Buyer's Agent
Mary Ann Cash
Charlesgate Realty Group, llc
List Price
$429,900
Sold Price
$415,000
Premium/Discount to List
-$14,900
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%
Original Mortgage
$311,250
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2009
Sold by
Asmar Robert J
Bought by
51 Willow Avenue Llc
Source: Public Records

Range of Values:

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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
51 Willow Ave Winthrop -- None Available
Mcnamara William T $694,000 None Available
Callis Matthew E $415,000 --
51 Willow Avenue Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcnamara William T $635,530
Previous Owner Callis Matthew E $311,250
Previous Owner Asmar Robert J $135,000
Previous Owner Asmar Robert J $77,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2020 09/01/20 Sold $694,000 +0.6% $313 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/10/2020 07/10/20 For Sale $689,900 +66.2% $311 / Sq Ft
07/24/2014 07/24/14 Sold $415,000 -3.5% $187 / Sq Ft
06/24/2014 06/24/14 Pending -- -- --
05/20/2014 05/20/14 For Sale $429,900 -- $194 / 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 $6,968 $675,200 $335,200 $340,000
2024 $6,876 $659,900 $322,200 $337,700
2023 $7,061 $659,900 $294,900 $365,000
2022 $7,390 $628,400 $263,400 $365,000
2021 $7,150 $563,900 $235,200 $328,700
2020 $6,570 $520,600 $235,200 $285,400
2019 $6,317 $479,300 $216,700 $262,600
2018 $6,192 $437,300 $186,100 $251,200
2017 $5,731 $397,700 $164,700 $233,000
2016 $5,607 $364,800 $143,200 $221,600
2015 $4,592 $320,200 $139,100 $181,100
2014 $4,772 $306,300 $129,300 $177,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72689396

MLS Property Information Network (MLS PIN)

APN: WINT-000038-000000-000034