NOT LISTED FOR SALE

70 Read St Winthrop, MA 02152

Downtown Winthrop Neighborhood

Estimated Value: $843,000 - $989,226

4 Beds
2 Baths
2,640 Sq Ft
$353/Sq Ft Est. Value

Last Sold September 11, 2020

Last sale price $708,000 $268 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $5,839/month

18 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • 4-minute walk to Ingleside Park
  • William P. Gorman/Fort Banks Elementary School Rated A-
  • Porch

About This Home

As of September 2020

WELCOME TO THIS WELL MAINTAINED 2 FAMILY HOME IN QUIET NEIGHBORHOOD ~ HOME FEATURES 2 SPACIOUS UNITS ~ UNIT 1 INCLUDES 2 BDRMS; HARDWOOD FLOORS; EAT IN KITCHEN; SPACIOUS LIV RM & DIN RM AND A BONUS ROOM OFF THE LIV RM ~ PERFECT FOR OFFICE, STUDY OR NURSERY. UNIT 2 INCLUDES 2/3 BDRMS, HARDWOOD FLOORS; UPDATED EAT IN KITCHEN W/ STAINLESS STEEL APPLIANCES PLUS WASHER/DRYER HOOKUP; AS WELL AS SPACIOUS LIV RM & DIN RM; ALSO W/ 2 ADDITIONAL SMALLER BONUS ROOMS FOR POSSIBLE 3RD BDRM, OFFICE, STUDY OR NURSERY; 2 CAR GARAGE WITH NEW DOORS; OTHER UPDATES INCLUDE ROOF (2019), 2 OIL TANKS (2020), DOUBLE PANE NEWPRO WINDOWS (2015), UPDATED WIRING THROUGHOUT (2014), OIL BURNER UNIT 1 (2015) ~ AMPLE OFF STREET PARKING; INGLESIDE PARK AT END OF STREET; 1 MILE TO ORIENT HEIGHTS T STATION (BLUE LINE) & STEPS TO BUS (#712 &713) ON MAIN STREET; SHORT WALK TO CENTER OF TOWN ~ BOOK ON SHOWINGTIME ~ FACE COVERINGS/MASKS & GLOVES REQUIRED AT SHOWINGS

Last Agent to Sell the Property

William Brady

Keller Williams Realty Boston Northwest Listed on: 05/20/2020

Keller Williams Realty Boston Northwest

Last Buyer's Agent

Darlene minincleri

MP Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,341

Year Built

  • Built in 1920

Lot Details

  • 5,663

Parking

  • 2 Car Garage

Flooring

  • Wood
  • Tile

Additional Features

  • Porch
  • Fenced Yard
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:054 L:033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,341

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Unknown/Mixed
  • List Price Per Sq Ft: 287.88
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1920

Interior Features

  • Flooring: Tile, Hardwood
  • Total Flrs: 3
  • No Bedrooms: 4
  • Total Brs: 4
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 12
  • Basement: Y
  • Basement Features: Full, Walk Out, Unfinished Basement
  • Main Lo: AN1664
  • Main So: AN4634
  • Estimated Sq Ft: 2640.00

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1/10 to 3/10
  • Roof Material: Asphalt/Fiberglass Shingles, Rubber
  • Exterior: Aluminum
  • Exterior Features: Porch, Fenced Yard

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway, On Street Without Permit
  • Parking Spaces: 7
  • Garage Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heat Zones: 2
  • Utility Connections: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Golf Course, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station

Lot Info

  • Assessments: 507000.00
  • Acre: 0.13
  • Lot Size: 5820.00
  • Page: 38
  • Parcel Number: M:054 L:033
  • Zoning: RES
  • Lot Description: Paved Drive, Cleared, Fenced/Enclosed, Level

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rent: 3600
  • Total Rms: 13
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 6398.00
  • Assessor Parcel Number: 1423791

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2020
Closed on
Sep 11, 2020
Sold by
Ventresco Lisa A
Bought by
Bustamante Walter E
Seller's Agent
William Brady
Keller Williams Realty Boston Northwest
Buyer's Agent
Darlene minincleri
MP Realty Group
List Price
$759,999
Sold Price
$708,000
Premium/Discount to List
-$51,999
-6.84%
Current Estimated Value
$931,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,307
Avg. Annual Appreciation
4.35%
Original Mortgage
$659,340
Outstanding Balance
$591,724
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$278,319

Purchase Details

Closed on
Jun 8, 2016
Sold by
Lisa A Ventresco Ret
Bought by
Ventresco Lisa A

Purchase Details

Closed on
Jun 7, 1999
Sold by
Saggese Alfred E and Shea Joan
Bought by
Ventresco Lois A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.85%
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
Bustamante Walter E $708,000 None Available
Ventresco Lisa A -- --
Lisa A Ventresco Ret -- --
Ventresco Lois A $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bustamante Walter E $659,340
Previous Owner Ventresco Lois A $148,886
Previous Owner Ventresco Lois A $182,700
Previous Owner Ventresco Lois A $187,000
Previous Owner Ventresco Lois A $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2020 09/11/20 Sold $708,000 -6.8% $268 / Sq Ft
06/07/2020 06/07/20 Pending -- -- --
05/20/2020 05/20/20 For Sale $759,999 -- $288 / 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 $8,341 $808,200 $341,400 $466,800
2024 $7,485 $718,300 $328,100 $390,200
2023 $7,862 $734,800 $300,400 $434,400
2022 $7,743 $658,400 $268,200 $390,200
2021 $6,549 $516,500 $239,400 $277,100
2020 $6,398 $507,000 $239,400 $267,600
2019 $6,284 $476,800 $220,700 $256,100
2018 $6,092 $430,200 $189,400 $240,800
2017 $5,500 $381,700 $167,700 $214,000
2016 $5,214 $339,200 $145,800 $193,400
2015 $4,642 $323,700 $141,500 $182,200
2014 $4,510 $289,500 $131,600 $157,900
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2020

    William Brady

    Keller Williams Realty Boston Northwest

    (617) 438-2244

    1 in this area

    13 Total Sales

    William Brady
    Section Image
  • Darlene minincleri

    Buyer's Agent in 2020

    Darlene minincleri

    MP Realty Group

    (617) 201-1801

    3 in this area

    37 Total Sales

    Darlene minincleri
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72659480

MLS Property Information Network (MLS PIN)

APN: WINT-000054-000000-000033

Massachusetts Suffolk County Winthrop 02152 Downtown Winthrop

70 Read St, Winthrop, MA

This home is located at 70 Read St, Winthrop, MA 02152 since 20 May 2020 and is currently estimated at $931,307, approximately $352 per square foot. This property was built in 1920. 70 Read St is a home located in Suffolk County with nearby schools including William P. Gorman/Fort Banks Elementary School, Arthur T. Cummings Elementary School, and Winthrop Middle School.

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.

MLS Property Information Network (MLS PIN) 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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