NOT LISTED FOR SALE

110 State Rd E Westminster, MA 01473

14 Beds
9 Baths
5,800 Sq Ft
2.4 Acre Lot

Sale Details

Date Sold: December 2, 2015

Last sale price $620,000 $107 Per Sq Ft

76 Days on Market

About This Home

As of December 2015

Unique investment opportunity in picturesque wooded setting with potential for a 6%+ cap rate. The property consists of a 6 unit apartment building with two 1 bed and four 2 bedroom apartments as well as a 3-4 BD/ 2.5 bath (+/- 2500 SF) single family house. This is a perfect opportunity for an owner occupant who wants to live in the single family house and manage the 6 income generating on-site rental apartments. The property is currently 100% tenanted with mostly TAW lease agreements. Over 2 acres of land with potential for further development and plenty of parking. This is a fantastic location within close proximity to RT. 2, Wachusett Mountain Ski Area and the Great Wolf Lodge.

Last Agent to Sell the Property

Zachary Friedman

Compass Listed on: 07/06/2015

Compass

Last Buyer's Agent

Nicholas Pelletier

Keller Williams Realty North Central

Keller Williams Realty North Central

Property Details

Home Type

Multi-Family

Year Built

1978

Lot Details

2.4 Acres

Listing Details

  • Lot Description: Wooded, Paved Drive
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5
  • Year Built: 1978

Interior Features

  • Has Basement: No
  • Number of Rooms: 18
  • Amenities: Park, Walk/Jog Trails, Golf Course, Conservation Area, Highway Access, Public School, Other (See Remarks)

Exterior Features

  • Foundation: Poured Concrete

Garage/Parking

  • Garage Spaces: 1
  • Parking: Off-Street, Guest, Paved Driveway
  • Parking Spaces: 1

Utilities

  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 7

Lot Info

  • Assessor Parcel Number: M:91 B: L:24
  • Zoning: res

Multi Family

  • APOD Available: Yes
  • Cooling Common: Window AC
  • Heating Common: Gas
  • Interior Features Common: Cable TV Available, Wall to Wall Carpet
  • Common Room: Living Room, Kitchen, Laundry
  • Total Bedrooms: 14
  • Total Floors: 8
  • Total Full Baths: 8
  • Total Half Baths: 1
  • Total Levels: 5
  • Total Rms: 11
  • Total Rent_1: 6140

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2015
Closed on
Dec 2, 2015
Sold by
Bought by
Seller's Agent
Zachary Friedman
Compass
Buyer's Agent
Nicholas Pelletier
Keller Williams Realty North Central
List Price
$650,000
Sold Price
$620,000
Premium/Discount to List
-$30,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
0.0383%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$620,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $200,000
Open $500,000
Closed $450,000
Previous Owner $105,050
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/02/2015 12/02/15 Sold $620,000 -4.6% $107 / Sq Ft
09/20/2015 09/20/15 Pending -- -- --
07/06/2015 07/06/15 For Sale $650,000 -- $112 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,903 $805,100 $127,800 $677,300
2024 $9,730 $793,600 $127,800 $665,800
2023 $9,860 $755,000 $119,600 $635,400
2022 $10,885 $688,900 $104,000 $584,900
2021 $11,038 $658,600 $86,200 $572,400
2020 $11,160 $635,900 $78,500 $557,400
2019 $11,364 $622,700 $65,300 $557,400
2018 $10,969 $591,300 $68,900 $522,400
2017 $10,627 $584,200 $61,800 $522,400
2016 $9,244 $492,200 $51,500 $440,700
2015 $8,592 $453,400 $51,500 $401,900
2014 $8,606 $453,400 $51,500 $401,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71868035

MLS Property Information Network (MLS PIN)

APN: WMIN M:91 B: L:24

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