NOT LISTED FOR SALE

Estimated Value: $725,000 - $944,000

6 Beds
2 Baths
2,150 Sq Ft
$377/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $720,000 $335 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,112/month

6 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • 3-minute walk to Highlands Beach
  • William P. Gorman/Fort Banks Elementary School Rated A-
  • Covered Deck

About This Home

As of March 2021

Wonderful opportunity to own a well maintained 2 family property in Winthrop By The Sea! Each unit offers 6 rooms, including 3 bedrooms each. Hardwood floors, off street parking, second floor has newer heating system, new oil tanks. Washer/Dryer hookups for each unit in the basement. Exterior of the house was recently painted. Area amenities include public transportation, shopping, great restaurants and so much more. Perfect for owner occupy, investment and/or condo conversion. Rates are at a historic low. Don't miss this one! NOT IN A FLOOD ZONE.

Last Listed By

Amy Streeter

Compass Listed on: 02/03/2021

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,380

Year Built

  • Built in 1927

Lot Details

  • Year Round Access

Flooring

  • Wood
  • Laminate
  • Tile

Outdoor Features

  • Covered Deck
  • Porch

Additional Features

  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,380

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 2.25
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 313.95
  • Comp Based On: Net Sale Price
  • Year Built: 1927
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1927

Interior Features

  • Flooring: Wood, Tile, Laminate
  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 12
  • Rms Common: Laundry
  • Basement: Y
  • Basement Features: Full, Unfinished Basement
  • Main Lo: AN2383
  • Main So: AN6527
  • Estimated Sq Ft: 2150.00

Exterior Features

  • Beach Ownership: Public
  • Beachfront Flag: Yes
  • Beach Miles To: 3/10 to 1/2 Mile
  • Construction: Frame
  • Exterior: Shingles
  • Exterior Features: Porch, Covered Patio/Deck

Garage/Parking

  • Parking Feature: Off-Street, On Street Permit, Paved Driveway
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Sewage District: MWRA
  • Heat Zones: 2
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Laundromat, Bike Path, Public School

Lot Info

  • Assessments: 502300.00
  • Acre: 0.10
  • Lot Size: 4400.00
  • Page: 226
  • Zoning: Res
  • Lot Description: Paved Drive

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rent: 3000
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 6339.03
  • Assessor Parcel Number: 1424440
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Mar 23, 2021
Sold by
Grasso James and Bagley Sandra
Bought by
Engman Heather
Seller's Agent
Amy Streeter
Compass
Buyer's Agent
The Hines Group
Lantern Residential
List Price
$675,000
Sold Price
$720,000
Premium/Discount to List
$45,000
6.67%
Total Days on Market
6
Current Estimated Value
$811,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,046
Avg. Annual Appreciation
3.21%
Original Mortgage
$567,200
Outstanding Balance
$516,478
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$303,502

Purchase Details

Closed on
Apr 24, 2008
Sold by
Grasso Emil
Bought by
Grasso Emil and Grasso James

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
Engman Heather $720,000 None Available
Grasso Emil -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Engman Heather $567,200
Previous Owner Grasso Emil L $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2021 03/23/21 Sold $720,000 +6.7% $335 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $675,000 -- $314 / 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 $7,380 $715,100 $331,600 $383,500
2024 $7,002 $672,000 $318,700 $353,300
2023 $7,212 $674,000 $291,700 $382,300
2022 $7,091 $603,000 $260,600 $342,400
2021 $6,493 $512,100 $232,700 $279,400
2020 $6,339 $502,300 $232,700 $269,600
2019 $6,224 $472,200 $214,400 $257,800
2018 $6,177 $436,200 $184,100 $252,100
2017 $5,630 $390,700 $163,000 $227,700
2016 $5,335 $347,100 $141,800 $205,300
2015 $4,741 $330,600 $137,600 $193,000
2014 $4,588 $294,500 $128,000 $166,500
Source: Public Records

Agents Affiliated with this Home

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 72781736

MLS Property Information Network (MLS PIN)

APN: WINT-000056-000000-000038