NOT LISTED FOR SALE

1 Gates Ln Millbury, MA 01527

Estimated Value: $425,000 - $553,000

3 Beds
2 Baths
1,856 Sq Ft
$273/Sq Ft Est. Value

Last Sold January 23, 2019

Last sale price $300,000 $162 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,166/month

10 Days on Market

About This Home

As of January 2019

Location, Location, Location - Come check out this beautiful home that's been renovated inside and out. On the exterior you can expect the home to be freshly painted, a new driveway, new gutters and a new roof. The interior features a brand new kitchen with solid wood cabinets, granite counter top and new black stainless steel appliances. The bathrooms have been completely remodeled and all the plumbing replaced. The electrical has been updated to include recessed lighting and all the baseboards and heating system are new. This home is located in a very quiet neighborhood but still near the Mass Pike, Route 20 and many other amenities. Open house will be held on Sunday 12/30 from 1:00 - 3:00 pm.

Last Agent to Sell the Property

Chayan Velez

Property Investors & Advisors, LLC Listed on: 12/28/2018

Last Buyer's Agent

Wayne Labrecque

eXp Realty

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,795

Year Built

  • Built in 1900

Lot Details

  • Property is zoned 00

Parking

  • 1 Car Garage

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Outdoor Features

  • Deck
  • Rain Gutters

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Heating System Uses Oil
  • Propane Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:023 B:0000020 L:

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,795

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Colonial
  • Other Agent: 1.00
  • Year Built Description: Renovated Since
  • List Price Per Sq Ft: 156.20
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Flooring: Wood, Tile, Vinyl
  • Appliances: Range, Wall Oven, Dishwasher
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor
  • Bedroom 2: On Level: Second Floor
  • Bedroom 3: On Level: Second Floor
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • No Rooms: 10
  • Dining Room: On Level: First Floor, Ceiling - Cathedral, Ceiling - Beamed, Flooring - Vinyl
  • Kitchen: On Level: First Floor
  • Laundry: On Level: First Floor
  • Living Room: On Level: First Floor, Flooring - Hardwood, Remodeled
  • Basement: Y
  • Basement Features: Unfinished Basement
  • Other Room 1: Name: Bonus Room, On Level: Third Floor
  • Main Lo: AN0475
  • Main So: BB4909
  • Estimated Sq Ft: 1856.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Wood
  • Exterior Features: Deck - Composite, Gutters
  • Foundation: Fieldstone
  • Insulation Feature: Partial

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 3
  • Garage Parking: Detached
  • Garage Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: Private Water
  • Electric Features: 220 Volts
  • Cooling: Window AC
  • Heating: Hot Water Baseboard, Oil
  • Heat Zones: 2
  • Hot Water: Propane Gas
  • Utility Connections: for Electric Range

Condo/Co-op/Association

  • Amenities: Shopping, Park, House of Worship

Lot Info

  • Assessments: 174000.00
  • Acre: 0.32
  • Lot Size: 13750.00
  • Page: 43
  • Parcel Number: M:023 B:0000020 L:
  • Zoning: 00
  • Lot Description: Paved Drive

Tax Info

  • Taxes: 2843.00
  • Assessor Parcel Number: 3579557

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2018
Closed on
Jan 23, 2019
Sold by
Velez Chayan and Velez Yarelis
Bought by
Rice Brittany L and Rousseau Cody
Seller's Agent
Chayan Velez
Property Investors & Advisors, LLC
Buyer's Agent
Wayne Labrecque
eXp Realty
List Price
$289,900
Sold Price
$300,000
Premium/Discount to List
$10,100
3.48%
Current Estimated Value
$506,132

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,132
Avg. Annual Appreciation
8.08%
Original Mortgage
$285,000
Outstanding Balance
$250,573
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$255,559

Purchase Details

Listed on
Feb 23, 2018
Closed on
Jul 27, 2018
Sold by
Brougham Reo Owner Lp
Bought by
Velez Chayan and Velez Yarelis
Seller's Agent
Steven Clark
Media Realty Group Inc.
Buyer's Agent
Chayan Velez
Property Investors & Advisors, LLC
List Price
$139,900
Sold Price
$150,000
Premium/Discount to List
$10,100
7.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
311.48%
Original Mortgage
$201,400
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2017
Sold by
Wilmington Svgs Fund S
Bought by
Brougham Reo Owner Lp

Purchase Details

Closed on
Oct 16, 2017
Sold by
Otten Paul and Wilmington Svgs Fund S
Bought by
Wilmington Svgs Fund S

Purchase Details

Closed on
May 15, 2007
Sold by
Rogers Maureen A
Bought by
Otten Ginger and Otten Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Rice Brittany L $300,000 --
Rice Brittany L $300,000 --
Velez Chayan $150,000 --
Velez Chayan $150,000 --
Brougham Reo Owner Lp -- --
Brougham Reo Owner Lp -- --
Wilmington Svgs Fund S $141,000 --
Wilmington Svgs Fund S $141,000 --
Otten Ginger $180,000 --
Otten Ginger $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Brittany L $285,000
Closed Rice Brittany L $285,000
Previous Owner Velez Chayan $201,400
Previous Owner Otten Ginger $180,000
Previous Owner Otten Ginger $6,000
Previous Owner Otten Ginger $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2019 01/23/19 Sold $300,000 +3.5% $162 / Sq Ft
01/07/2019 01/07/19 Pending -- -- --
12/28/2018 12/28/18 For Sale $289,900 +93.3% $156 / Sq Ft
07/27/2018 07/27/18 Sold $150,000 +7.2% $106 / Sq Ft View Prior Sale
05/26/2018 05/26/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $139,900 0.0% $99 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
04/30/2018 04/30/18 For Sale $139,900 0.0% $99 / Sq Ft
02/27/2018 02/27/18 Pending -- -- --
02/23/2018 02/23/18 For Sale $139,900 -- $99 / 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 $5,795 $432,800 $108,900 $323,900
2024 $5,322 $402,300 $100,800 $301,500
2023 $4,867 $336,800 $70,800 $266,000
2022 $4,617 $307,800 $70,800 $237,000
2021 $4,601 $298,200 $70,800 $227,400
2020 $4,364 $284,700 $70,800 $213,900
2019 $3,154 $199,000 $64,300 $134,700
2018 $2,843 $174,000 $64,300 $109,700
2017 $2,668 $162,400 $64,300 $98,100
2016 $2,671 $162,300 $64,300 $98,000
2015 $2,662 $161,700 $68,300 $93,400
2014 $2,541 $148,600 $68,300 $80,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72435088

MLS Property Information Network (MLS PIN)

APN: MILB-000023-000000-000020