NOT LISTED FOR SALE

Estimated Value: $1,009,404 - $1,100,000

8 Beds
3 Baths
3,806 Sq Ft
$281/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $910,000 $239 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,708/month

8 Days on Market

About This Home

As of December 2021

Large 3 family centrally located with off street parking. Hardwood floors in all units. All units well maintained. This home is close to public transportation. Great for owner occupied with parking and fenced in back yard. Walk to schools, restaurants and park. Low maintenance vinyl siding. Three updated water heaters and one newer heating system. All three units have eat in kitchens and washer and dryer hook ups in unit. These units are easy to rent due to location and size. All three units are currently under market value and current tenants are all tenant at will. Winthrop has so much to offer with its close location to the airport and the city this home would be a great investment to add to a real estate portfolio or 1st time buyer looking to live in building. Buyers and buyers agents do due diligence to verify all information.

Last Agent to Sell the Property

Elizabeth Ferrara

Cottage Hill Real Estate Listed on: 08/21/2021

Last Buyer's Agent

Elizabeth Ferrara

Cottage Hill Real Estate Listed on: 08/21/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,070

Year Built

  • 1900

Lot Details

  • 6,098

Additional Features

  • Property has 1 Level
  • 3 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,070

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Use GPS
  • Garage Yn: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Approximate
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Gas Water Heater, Utility Connections for Gas Range, Utility Connections for Gas Oven, Utility Connections Varies per Unit
  • Has Basement: Interior Entry, Unfinished
  • Total Bathrooms: 3
  • MAIN LO: NB4108
  • LIST PRICE PER Sq Ft: 257.46
  • PRICE PER Sq Ft: 239.1
  • MAIN SO: NB4108
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Fireplace: No
  • Flooring: Wood
  • Stories: 6

Exterior Features

  • Roof: Shingle
  • Foundation Details: Other
  • Patio And Porch Features: Porch
  • Waterfront Features: Beach Front, Harbor, Ocean, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Paved Drive, Off Street
  • Open Parking: Yes
  • Total Parking Spaces: 3

Utilities

  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Gas Oven, Washer Hookup, Varies per Unit
  • Water Source: Public

Lot Info

  • LOT SIZE: 5905
  • PAGE: 62
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 6098.4
  • Zoning: res

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2
  • Annual Gross Income: 62100
  • Property Net Operating Income: 62100
  • Number Of Units Total: 3
  • Total Actual Rent: 5175

Tax Info

  • Tax Annual Amount: 7822.29
  • Tax Book Number: 24921
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2021
Closed on
Nov 30, 2021
Sold by
Anderson Brian J and Loconte Gabriella
Bought by
Beattie Katharine O and Beattie Michael W
Seller's Agent
Elizabeth Ferrara
Cottage Hill Real Estate
Buyer's Agent
Elizabeth Ferrara
Cottage Hill Real Estate
List Price
$979,900
Sold Price
$910,000
Premium/Discount to List
-$69,900
-7.13%
Current Estimated Value
$1,068,351

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,351
Avg. Annual Appreciation
4.39%
Original Mortgage
$682,500
Outstanding Balance
$636,523
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$423,322

Purchase Details

Closed on
May 5, 2000
Sold by
Ferullo Alan J and Ferullo Barbara M
Bought by
Anderson Brian J and Loconte Gariella
Source: Public Records

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Range of Values:

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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
Beattie Katharine O $910,000 None Available
Anderson Brian J $262,000 --
Anderson Brian J $262,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beattie Katharine O $682,500
Previous Owner Anderson Brian J $480,000
Previous Owner Anderson Brian $280,000
Previous Owner Ferullo Allan J $100,000
Previous Owner Ferullo Allan J $281,250
Previous Owner Ferullo Allan J $264,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2021 12/01/21 Sold $910,000 -7.1% $239 / Sq Ft
08/30/2021 08/30/21 Pending -- -- --
08/21/2021 08/21/21 For Sale $979,900 -- $257 / 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 $9,070 $878,900 $335,900 $543,000
2024 $8,985 $862,300 $322,900 $539,400
2023 $9,338 $872,700 $295,500 $577,200
2022 $7,996 $679,900 $264,000 $415,900
2021 $7,822 $616,900 $235,700 $381,200
2020 $7,144 $566,100 $235,700 $330,400
2019 $6,865 $520,900 $217,200 $303,700
2018 $6,751 $476,800 $186,500 $290,300
2017 $6,255 $434,100 $165,100 $269,000
2016 $6,134 $399,100 $143,500 $255,600
2015 $5,357 $373,600 $139,400 $234,200
2014 $5,585 $358,500 $129,600 $228,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72884765

MLS Property Information Network (MLS PIN)

APN: WINT-000048-000000-000106-000001