NOT LISTED FOR SALE

107 South St Southbridge, MA 01550

Estimated Value: $392,000 - $509,000

8 Beds
5.5 Baths
3,591 Sq Ft
$123/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $370,000 $103 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $2,981/month

6 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Wood Flooring
  • Community Stables
  • Property is near public transit
  • Enclosed patio or porch

About This Home

As of May 2022

Opportunity knocks for the investor, owner occupied or doctors group. Rents way below market. Home has recently been renovated and cleaned.. Superb location with potential tenant pool from hospital. 2 and 3 bedroom units with multiple baths. Freshly painted and updated carpeting. Sweeping front stairway with the charm of yesteryear gleams of artisan woodworking.Beautiful back yard with mature trees and privacy. 2 car garage nestled to rear of property. Come and take a peak...you will not be disappointed with the improvements.

Last Agent to Sell the Property

Lucie Lemke

Coldwell Banker Realty - Worcester Listed on: 03/21/2022

Coldwell Banker Realty - Worcester

Last Buyer's Agent

Elizabeth Champi

Property Investors & Advisors, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,539

Year Built

  • Built in 1885

Lot Details

  • 0.38 Acre Lot
  • Level Lot
  • Irregular Lot

Parking

  • 2 Car Garage
  • Stone Driveway
  • Unpaved Parking
  • Open Parking
  • Off-Street Parking

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Slate Roof

Interior Spaces

  • 3,591 Sq Ft Home
  • Window Screens
  • Insulated Doors
  • Storm Windows
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms

Outdoor Features

  • Enclosed patio or porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Southbridge Elementary And Middle School
  • Southbridge High School

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $1,800
  • Rent includes unit 1(water hot water), unit 2(water hot water), unit 3(water hot water)
  • Legal Lot and Block 1 / 97
  • Assessor Parcel Number 3978808

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Golf Course Community
  • Community Stables

Building Details

  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,539

Year Built

Built in 1885

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1885
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Transaction Broker: 2.5
  • Transaction Broker Type: %
  • Year Built Details: Approximate,Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Vinyl,Carpet, Unit 1(undefined), Unit 2(Wood Flooring), Unit 3(Wall to Wall Carpet)
  • Interior Amenities: Other (See Remarks), Unit 3(Bathroom With Tub & Shower,Country Kitchen,Open Floor Plan), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: None, Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range
  • Total Bedrooms: 8
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bathrooms: 5.5
  • Laundry Features: Unit 3 Laundry Room
  • Living Area: 3591
  • Stories Total: 6
  • Window Features: Storm Window(s), Screens
  • MAIN LO: AN6181
  • LIST PRICE PER Sq Ft: 108.33
  • PRICE PER Sq Ft: 103.04
  • MAIN SO: AN6256

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar, Irregular
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Slate
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Off Street, Stone/Gravel, Unpaved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: None, Unit 1(None), Unit 3(None)
  • Heating: Natural Gas, Unit 1(Gas), Unit 3(Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Shopping, Stable(s), Golf, Medical Facility, Highway Access, House of Worship, Private School, Public School, T-Station, University, Sidewalks
  • Rent Includes: Unit 1(Water,Hot Water), Unit 2(Water,Hot Water), Unit 3(Water,Hot Water)

Lot Info

  • Parcel Number: 3978808
  • Zoning: multi
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.38
  • Lot Size Area: 0.38
  • Lot Size Sq Ft: 16552.8
  • Lot Size Units: Acres
  • LOT SIZE: 16405
  • PAGE: 94

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4539.24
  • Tax Block: 97
  • Tax Book Number: 3880
  • Tax Lot: 1
  • Tax Map Number: 48

Multi Family

  • Gross Income: 21600
  • Net Operating Income: 21600
  • Number Of Units Total: 3
  • Total Actual Rent: 1800
  • 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

MLS Schools

  • High School: Southbridge
  • Elementary School: Southbridge
  • Middle Or Junior School: Southbridge

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Pierre-Louis Gary $296,000
Closed Perron Richard $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $370,000 -4.9% $103 / Sq Ft
03/28/2022 03/28/22 Pending -- -- --
03/21/2022 03/21/22 For Sale $389,000 -- $108 / 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 $6,255 $426,700 $41,900 $384,800
2024 $5,207 $341,200 $34,900 $306,300
2023 $4,877 $307,900 $34,900 $273,000
2022 $4,527 $252,900 $29,800 $223,100
2021 $4,539 $233,500 $29,800 $203,700
2020 $4,278 $219,600 $29,800 $189,800
2018 $3,349 $161,400 $29,800 $131,600
2017 $3,320 $161,400 $29,800 $131,600
2016 $3,038 $150,300 $29,800 $120,500
2015 $2,920 $143,400 $29,800 $113,600
2014 $2,816 $143,400 $29,800 $113,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72955367

MLS Property Information Network (MLS PIN)

APN: SBRI-000048-000097-000001