Seller's Agent in 2024
Joseph Castro
Compass
(617) 774-9733
1 in this area
70 Total Sales
8 Seafoam Ave Unit 10 Winthrop, MA 02152
Winthrop Beach NeighborhoodEstimated Value: $847,000 - $1,081,000
6
Beds
3
Baths
3,245
Sq Ft
$312/Sq Ft
Est. Value
Highlights
- Ocean View
- Waterfront
- Covered Patio or Porch
- William P. Gorman/Fort Banks Elementary School Rated A-
- Wood Flooring
- Window Unit Cooling System
About This Home
As of July 2024Welcome to this exceptional 3-family property in the heart of Winthrop Beach! Meticulously maintained, this property boasts new roofs and siding within the last 3 years, ensuring durability and curb appeal. Each unit is equipped with updated 100amp electric service, a public panel, and hardwired smoke detectors throughout. Enjoy the convenience of laundry hookups in each unit and relax on the front and back decks. With off-street parking, you’ll never worry about finding a spot. This prime location is just steps away from the beach, local parks, the Winthrop Golf Club, and the 712 bus line with direct service to Orient Heights Blue Line. All units are currently tenant-at-will, providing stable rental income with the potential for growth, as current rents are well below market value. Don’t miss this opportunity to invest in a thriving community with unparalleled amenities & convenience. Unit 2 unavailable to be shown at the open house but will be shown w/ a submitted or accepted offer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,211
Year Built
- Built in 1900
Lot Details
- 3,977 Sq Ft Lot
- Waterfront
- Level Lot
Property Views
- Ocean Views
- Views of a Sound
Home Design
- Triplex
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 3,245 Sq Ft Home
- Insulated Windows
- Living Room
- Dining Room
- Wood Flooring
- Washer Hookup
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 4 Car Parking Spaces
- Off-Street Parking
Outdoor Features
- Covered Patio or Porch
Utilities
- Window Unit Cooling System
- 3 Heating Zones
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
- 220 Volts
- 110 Volts
- 100 Amp Service
Listing and Financial Details
- Total Actual Rent $5,300
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number M:046 L:042,1423142
Community Details
Overview
- 3 Units
- Property has 1 Level
Building Details
- Net Operating Income $63,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 26, 1996
Sold by
Heath Development Corp
Bought by
Niakaros John
Current Estimated Value
Purchase Details
Closed on
Oct 27, 1995
Sold by
Engler Ft and Bank Of Boston
Bought by
Heath Dev Corp
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Niakaros John | $48,000 | -- | |
| Niakaros John | $48,000 | -- | |
| Niakaros John | $48,000 | -- | |
| Heath Dev Corp | $44,581 | -- | |
| Heath Dev Corp | $44,581 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Heath Dev Corp | $436,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/10/2024 07/10/24 | Sold | $1,060,000 | -1.4% | $327 / Sq Ft |
| 06/03/2024 06/03/24 | Pending | -- | -- | -- |
| 05/30/2024 05/30/24 | For Sale | $1,075,000 | -- | $331 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $8,082 | $783,100 | $327,800 | $455,300 |
| 2024 | $6,211 | $596,100 | $315,000 | $281,100 |
| 2023 | $6,303 | $589,100 | $288,400 | $300,700 |
| 2022 | $6,566 | $558,300 | $257,600 | $300,700 |
| 2021 | $6,411 | $505,600 | $230,000 | $275,600 |
| 2020 | $5,919 | $469,000 | $230,000 | $239,000 |
| 2019 | $5,690 | $431,700 | $211,900 | $219,800 |
| 2018 | $5,551 | $392,000 | $181,900 | $210,100 |
| 2017 | $5,129 | $355,900 | $161,200 | $194,700 |
| 2016 | $5,000 | $325,300 | $140,200 | $185,100 |
| 2015 | $4,385 | $305,800 | $136,100 | $169,700 |
| 2014 | $4,556 | $292,400 | $126,600 | $165,800 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Castro
-
Matthew Wessels
Buyer's Agent in 2024
Matthew Wessels
Broad Sound Real Estate, LLC
(603) 340-3683
1 in this area
48 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73245040
APN: WINT-000046-000000-000042
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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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