NOT LISTED FOR SALE

8 Russell Rd Unit 10 Winchester, MA 01890

Estimated Value: $1,075,000 - $1,253,000

5 Beds
2 Baths
1,800 Sq Ft
$626/Sq Ft Est. Value

Last Sold May 07, 2021

Last sale price $860,000 $478 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,956/month

8 Days on Market

Highlights

  • Deck
  • Porch
  • Tile Flooring
  • Lynch Elementary School Rated A+

About This Home

As of May 2021

An investor's opportunity to own a multi-family in the desirable town of Winchester. This great two-family is centrally located minutes from downtown Winchester. Featuring two bright and sunny units totaling 5 bedrooms and two full bathrooms. Each unit has their own gas heating, hot water systems, and breaker panels. Lower unit has 2 bedrooms with a full bathroom. Living room/dining room combo with a beautiful private deck off the kitchen. Upper unit has 3 bedrooms and 1 full bathroom with a private balcony. Two off-street parking with a shared outdoor yard space. Solid Investment property with wonderful potential!

Last Agent to Sell the Property

Andersen Group Realty

Keller Williams Realty Boston Northwest Listed on: 03/11/2021

Keller Williams Realty Boston Northwest

Last Buyer's Agent

Rajive Dogra

Coldwell Banker Realty - Lexington

Coldwell Banker Realty - Lexington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $101

Year Built

  • Built in 1922

Lot Details

  • 3,920

Flooring

  • Wall to Wall Carpet
  • Tile

Outdoor Features

  • Deck
  • Porch

Schools

  • Winchester High School

Utilities

  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:014 B:0148 L:0

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$101

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.50
  • Year Built Description: Actual
  • List Price Per Sq Ft: 388.33
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1922
  • Lead Paint: Unknown
  • Ife Common: Storage
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1922

Interior Features

  • Flooring: Tile, Wall to Wall Carpet
  • Total Flrs: 9
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 10
  • Rms Common: Laundry
  • Basement: Y
  • Basement Features: Full, Unfinished Basement
  • Main Lo: BB3298
  • Main So: AN6181
  • Estimated Sq Ft: 1800.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Composition Shingles
  • Exterior: Wood
  • Exterior Features: Porch, Deck
  • Foundation: Poured Concrete

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 2

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heat Zones: 2
  • Hot Water: Natural Gas
  • Utility Connections: for Gas Range, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access, House of Worship, Public School, T-Station
  • Hea Common: Individual

Schools

  • Elementary School: Lynch
  • Middle School: McCall
  • High School: Winchester

Lot Info

  • Assessments: 663700.00
  • Acre: 0.09
  • Lot Size: 3999.00
  • Parcel Number: M:014 B:0148 L:0
  • Zoning: RG
  • Lot Description: Paved Drive

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Up/Down

Tax Info

  • Taxes: 8223.00
  • Assessor Parcel Number: 898487
  • Tax Year: 2020

MLS Schools

  • Grade School: Lynch
  • High School: Winchester
  • Middle School: McCall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2021
Closed on
May 7, 2021
Sold by
Hennelly Bert T and Baxter Patricia A
Bought by
Swami Archana
Seller's Agent
Andersen Group Realty
Keller Williams Realty Boston Northwest
Buyer's Agent
Rajive Dogra
Coldwell Banker Realty - Lexington
List Price
$699,000
Sold Price
$860,000
Premium/Discount to List
$161,000
23.03%
Total Days on Market
8
Current Estimated Value
$1,126,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,440
Avg. Annual Appreciation
4.74%
Original Mortgage
$645,000
Outstanding Balance
$590,704
Interest Rate
3.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$462,586

Purchase Details

Closed on
Feb 28, 2005
Sold by
Hennelly Frank J and Hennelly Helen F
Bought by
Hennelly Bert Thomas and Hennelly Frank J
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
Swami Archana $860,000 None Available
Hennelly Bert Thomas -- --
Hennelly Frank J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swami Archana $645,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $860,000 +23.0% $478 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $699,000 -- $388 / 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 $101 $908,900 $547,200 $361,700
2024 $9,853 $869,600 $518,400 $351,200
2023 $9,665 $819,100 $475,200 $343,900
2022 $9,267 $740,800 $432,000 $308,800
2021 $8,515 $663,700 $367,200 $296,500
2020 $8,223 $663,700 $367,200 $296,500
2019 $6,782 $560,000 $295,200 $264,800
2018 $6,651 $545,600 $280,800 $264,800
2017 $6,523 $531,200 $266,400 $264,800
2016 $6,241 $534,300 $266,400 $267,900
2015 $6,180 $509,100 $241,200 $267,900
2014 $6,032 $476,500 $208,800 $267,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72796893

MLS Property Information Network (MLS PIN)

APN: WINC-000014-000148