NOT LISTED FOR SALE

10 Ames Place Marlborough, MA 01752

Estimated Value: $546,000 - $611,407

4 Beds
2 Baths
1,261 Sq Ft
$456/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $515,000 $408 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,539/month

5 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Jogging Path
  • Deck
  • Wood Flooring
  • 3-minute walk to Union Common

About This Home

As of December 2023

Looking for a property that perfectly balances the benefits of homeownership with the perks of rental income? Look no further than 10 Ames Place in Marlborough, MA!This recently renovated property boasts updated vinyl siding and windows, a 5-year- old roof, new kitchen and appliances and two off-street parking spots. Located near downtown, this property is conveniently situated near all the shops and restaurants you could ask for. Currently, the two-bedroom units are being rented at 2400 and 2350, making this a great investment opportunity. Open house on Sat 10/21 & Sun 10/22 from 11am-1pm. Buyer/agent to do their own due diligence.

Last Agent to Sell the Property

Candor Realty Group

Four Points Real Estate, LLC Listed on: 10/18/2023

Co-Listed By

Andrew Freed

Four Points Real Estate, LLC

Last Buyer's Agent

Jon Ladas

Byrnes Real Estate Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,214

Year Built

  • Built in 1920

Lot Details

  • 2,725 Sq Ft Lot
  • Near Conservation Area

Home Design

  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 1,261 Sq Ft Home
  • Property has 1 Level
  • Washer and Dryer Hookup
  • Unfinished Basement

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating Available
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $4,750
  • Rent includes unit 1(water), unit 2(water)

Community Details

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Net Operating Income $57,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,214

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1920
  • Buyer Agency: 2.0
  • Transaction Broker: 1.0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Vinyl,Hardwood
  • Interior Amenities: Other (See Remarks), Unit 1(Stone/Granite/Solid Counters,Upgraded Cabinets), Unit 2(Stone/Granite/Solid Counters,Upgraded Cabinets), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Unit 1(Washer Hookup,Dryer Hookup)
  • Basement: Unfinished
  • Living Area: 1261
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN5498
  • LIST PRICE PER Sq Ft: 392.54
  • PRICE PER Sq Ft: 408.41
  • MAIN SO: AC0342

Exterior Features

  • Exterior Features: Deck - Wood
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Electric Baseboard), Unit 2(Electric Baseboard)
  • Cooling Y N: No
  • Electric: Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Zoning: B
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.06
  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2725
  • Lot Size Units: Acres
  • PAGE: 56
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4214
  • Tax Book Number: 81241

Multi Family

  • Gross Income: 57000
  • Net Operating Income: 57000
  • Number Of Units Total: 2
  • Total Actual Rent: 4750
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2022
Sold by
Reynoso-Tavarez Andrea and Freedom Mortgage Corp
Bought by
Nguyen Van and Ames Kim
Current Estimated Value
$574,602

Purchase Details

Closed on
Jan 16, 2002
Sold by
D And Alexa Rt and Mckinnon
Bought by
Ames Pl Rt and Bartolini

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 1987
Sold by
R & R Rt
Bought by
Mckinnon Russell T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
10.24%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Nguyen Van $242,100 None Available
Ames Pl Rt $130,000 --
Mckinnon Russell T $38,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snow Daniel J $412,000
Closed Ames Ventures Llc $340,000
Previous Owner Reynoso-Tavarez Andrea $258,236
Previous Owner Ames Place Rt $200,000
Previous Owner Ames Pl Rt $100,000
Previous Owner Mckinnon Russell T $15,000
Previous Owner Mckinnon Russell T $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $515,000 +4.0% $408 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $494,995 +91.9% $393 / Sq Ft
06/29/2018 06/29/18 Sold $258,000 -0.7% $185 / Sq Ft
05/12/2018 05/12/18 Pending -- -- --
04/24/2018 04/24/18 For Sale $259,900 -- $187 / 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 $4,895 $496,500 $138,900 $357,600
2024 $4,345 $424,300 $126,300 $298,000
2023 $4,214 $365,200 $88,300 $276,900
2022 $4,030 $307,200 $84,100 $223,100
2021 $3,934 $285,100 $64,400 $220,700
2020 $3,787 $267,100 $62,700 $204,400
2019 $3,595 $255,500 $61,500 $194,000
2018 $3,581 $244,800 $70,900 $173,900
2017 $2,994 $195,400 $70,900 $124,500
2016 $2,731 $178,000 $70,900 $107,100
2015 $2,526 $160,300 $73,400 $86,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73171444

MLS Property Information Network (MLS PIN)

APN: MARL-000070-000259