NOT LISTED FOR SALE

Estimated Value: $859,212

5 Beds
4 Baths
3,204 Sq Ft
$268/Sq Ft Est. Value

Last Sold June 16, 2023

Last sale price $900,000 $281 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $4,787/month

58 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Porch
  • Lynch Elementary School Rated A+
  • Corner Lot
  • Park

About This Home

As of June 2023

INVESTORS take a look! This is a fantastic opportunity for a buyer to come in a create their own value and finish the 4 unit renovations (currently presenting as a 3 unit property with mix use on the first floor). Plans are drawn for four units on each level with parking in the rear (see attachment). The rarely available asset is located in a desirable area of WINCHESTER with A class schools, two commuter rail stations, easy access to highways, and excellent tenant class. This would make a wonderful addition to any rental portfolio and delivered vacant. Quick closing available.

Last Agent to Sell the Property

Lien Vuong

Berkshire Hathaway HomeServices Commonwealth Real Estate Listed on: 03/28/2023

Berkshire Hathaway HomeServices Commonwealth Real Estate

Last Buyer's Agent

Shawna Rosher Smith

Flow Realty, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,431

Year Built

  • Built in 1922

Lot Details

  • 6,007 Sq Ft Lot
  • Corner Lot

Parking

  • 6 Car Parking Spaces

Home Design

  • 3,204 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Lynch Elementary School
  • Mccall Middle School
  • Winchester High School

Listing and Financial Details

  • Total Actual Rent $8,850
  • Assessor Parcel Number M:014 B:0253 L:0,898584

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Recreation

  • Park
  • Bike Trail

Additional Features

  • Medical Services
  • Net Operating Income $106,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,431

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1922
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 7

Interior Features

  • Fireplace YN: No
  • Total Bedrooms: 5
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Living Area: 3204
  • Spa YN: No
  • Stories Total: 7
  • MAIN LO: AN6527
  • LIST PRICE PER Sq Ft: 289.95
  • PRICE PER Sq Ft: 280.9
  • MAIN SO: NB4184

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Asphalt/Composition Shingles
  • Waterfront Features: Beach Front, Lake/Pond, 1/2 to 1 Mile To Beach
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, Medical Facility, Bike Path, Public School
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:014 B:0253 L:0,898584
  • Zoning: 00000
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6007
  • Lot Size Units: Acres
  • PAGE: 374
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 8431.19
  • Tax Book Number: 80002

Multi Family

  • Gross Income: 106200
  • Net Operating Income: 106200
  • Number Of Units Total: 4
  • Total Actual Rent: 8850
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: Winchester High
  • Elementary School: Lynch
  • Middle Or Junior School: Mccall

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2005
Sold by
Jama Rt and Loftus
Bought by
Martha B Loftus Ret and Loftus
Current Estimated Value
$859,212

Purchase Details

Closed on
Oct 8, 1985
Bought by
Martha Loftus Ret
Source: Public Records

Range of Values:

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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
Martha B Loftus Ret -- --
Martha B Loftus Ret -- --
Martha Loftus Ret $129,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 968 Main Street Llc $670,000
Closed 968 Main Street Llc $670,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2023 06/16/23 Sold $900,000 0.0% $281 / Sq Ft
05/15/2023 05/15/23 Off Market $900,000 -- --
03/28/2023 03/28/23 For Sale $929,000 -- $290 / 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 $0 $864,100 $494,900 $369,200
2024 -- $821,300 $472,000 $349,300
2023 $0 $756,300 $428,600 $327,700
2022 $0 $709,100 $390,300 $318,800
2021 $0 $709,100 $390,300 $318,800
2020 $8,439 $709,100 $390,300 $318,800
2019 $7,625 $691,300 $372,500 $318,800
2018 -- $652,300 $341,900 $310,400
2017 -- $634,300 $332,200 $302,100
2016 -- $618,500 $316,400 $302,100
2015 -- $608,200 $306,100 $302,100
2014 -- $578,000 $275,500 $302,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73092072

MLS Property Information Network (MLS PIN)

APN: WINC-000014-000253