$945,000
SOLD MAY 16, 2025
5 Beds
3 Baths
3,620 Sq Ft
5,493 Sq Ft Lot

Recently Sold

$261 Per Sq Ft

1% Above List Price

8 Days on Market

Highlights

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

About This Home

As of May 2025

Welcome to 71 Paine Street—an oversized 2-family home sitting proudly on a corner lot at Wilshire & Paine. This property has everything you need, whether you're looking for a fantastic investment opportunity or the perfect owner-occupied setup with rental income! Both units feature private decks, off-street parking, separate heating systems, and divided basement space for storage & laundry—offering both privacy and convenience. Unit one is spacious 2-bedroom with a well-designed layout, including separate living and dining rooms, a mudroom, and a charming main entryway. You'll love the beautiful hardwood floors throughout and the functional pantry off the kitchen. Unit 2 starts on the second floor, mirroring the first-floor layout with 3 bedrooms, a home office/flex space and plenty of natural light. But the real bonus? Head upstairs to your private owner’s suite, featuring an oversized bedroom, walk-in closet, and en-suite bath!

Last Agent to Sell the Property

The Reference Group

Reference Real Estate Listed on: 03/26/2025

Co-Listed By

Seth Williams

Reference Real Estate

Last Buyer's Agent

Eridania Reyes

View Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,921

Year Built

  • Built in 1923

Lot Details

  • 5,493 Sq Ft Lot
  • Fenced

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,620 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Mud Room
  • Living Room
  • Dining Room
  • Loft
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 2 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Fort Banks Elementary School
  • Winthrop Middle School
  • Winthrop High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Oil
  • Heating System Uses Steam
  • 200+ Amp Service
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number M:061 L:001,1424699

Community Details

Overview

  • 2 Units
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops

Recreation

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,921

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1923
  • Levels: 3
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Carpet, Hardwood
  • Interior Amenities: Ceiling Fan(s), Pantry, Storage, High Speed Internet, Bathroom With Tub, Living Room, Dining Room, Kitchen, Mudroom, Loft
  • Fireplace YN: No
  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer, Dishwasher, Disposal
  • Total Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Interior Entry
  • Above Grade Finished Sq Ft: 3620
  • Living Area: 3620
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN4866
  • MAIN SO: AN7777

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter, Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Beach Front, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Steam, Oil
  • Cooling Y N: Yes
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:061 L:001,1424699
  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.13
  • Lot Size Sq Ft: 5493
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7921

Multi Family

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

MLS Schools

  • High School: Winthrop
  • Elementary School: Fort Banks
  • Middle Or Junior School: Winthrop

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2025
Closed on
May 16, 2025
Sold by
Nargi John F and Nargi Irene A
Bought by
Beato Yerlin and Pichardo Mireya
Seller's Agent
The Reference Group
Reference Real Estate
Buyer's Agent
Eridania Reyes
View Real Estate Group
List Price
$935,000
Sold Price
$945,000
Premium/Discount to List
$10,000
1.07%
Views
17
Current Estimated Value
$947,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,523
Avg. Annual Appreciation
0.47%
Original Mortgage
$927,883
Outstanding Balance
$922,917
Interest Rate
6.64%
Mortgage Type
FHA
Estimated Equity
$24,606

Purchase Details

Closed on
Feb 24, 2014
Sold by
Nargi Lt and Nargi
Bought by
Nargi John F and Nargi Irene A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2009
Sold by
Nargi John F and Keogh-Nargi Irene A
Bought by
Nargi Lt and Nargi

Purchase Details

Closed on
Sep 3, 2002
Sold by
Yarrow Lisa A and Yarrow Christopher J
Bought by
Nargi John F and Keogh-Nargi Irene A

Purchase Details

Closed on
Sep 30, 1992
Sold by
Radulski Corinne F
Bought by
Tallent Lisa A and Yarrow Christopher
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 Type Sale Price Title Company
Quit Claim Deed $945,000 None Available
Quit Claim Deed $945,000 None Available
Quit Claim Deed -- --
Quit Claim Deed -- --
Warranty Deed -- --
Deed -- --
Deed -- --
Deed -- --
Deed $435,000 --
Deed $435,000 --
Deed $165,000 --
Deed $165,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $927,883 FHA
Closed $927,883 FHA
Previous Owner $350,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2025 05/16/25 Sold $945,000 +1.1% $261 / Sq Ft
04/03/2025 04/03/25 Pending -- -- --
03/26/2025 03/26/25 For Sale $935,000 -- $258 / 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 $7,921 $767,500 $339,700 $427,800
2024 $6,650 $638,200 $326,500 $311,700
2023 $6,970 $651,400 $298,800 $352,600
2022 $6,854 $582,800 $266,900 $315,900
2021 $6,691 $527,700 $238,300 $289,400
2020 $6,532 $517,600 $238,300 $279,300
2019 $6,415 $486,700 $219,600 $267,100
2018 $6,220 $439,300 $188,500 $250,800
2017 $5,665 $393,100 $166,800 $226,300
2016 $5,366 $349,100 $145,100 $204,000
2015 $4,769 $332,600 $140,900 $191,700
2014 $4,774 $306,400 $131,000 $175,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73350676

MLS Property Information Network (MLS PIN)

APN: WINT-000061-000000-000001