NOT LISTED FOR SALE

Estimated Value: $556,000 - $919,000

6 Beds
5 Baths
3,547 Sq Ft
$203/Sq Ft Est. Value

Last Sold July 01, 2021

Last sale price $469,000 $132 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,045/month

22 Days on Market

About This Home

As of July 2021

Location Location Location! Investors take note of this prime location Multifamily unit zoned for mix use and ready for your ideas to bring the property to life! Don't miss your chance on this 2 family home that has so much potential. Bring your business ideas to make this a prime location business on Route 20 in Shrewsbury or it could be a great home with an in -law potential on the main side of the home with rental income coming from the rental unit. This Property could be yours and all its potential today!

Last Agent to Sell the Property

John Cudmore

Media Realty Group Inc. Listed on: 03/22/2021

Media Realty Group Inc.

Last Buyer's Agent

John Cudmore

Media Realty Group Inc. Listed on: 03/22/2021

Media Realty Group Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1917

Lot Details

  • 0.41

Additional Features

  • Wood Flooring
  • Private Sewer
  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Actual
  • List Price Per Sq Ft: 135.33
  • Comp Based On: Net Sale Price
  • Year Built: 1917
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1917

Interior Features

  • Fireplaces: 1
  • Flooring: Wood
  • Total Flrs: 2
  • Total Frplcs: 1
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Fbh: 4
  • Total Hbh: 1
  • No Rooms: 12
  • Basement: Y
  • Basement Features: Full, Partially Finished
  • Main Lo: AN4508
  • Main So: AN4508
  • Estimated Sq Ft: 3547.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Foundation: Poured Concrete, Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 6

Utilities

  • Sewer: Private Sewerage
  • Water: City/Town Water

Lot Info

  • Assessments: 6284.00
  • Acre: 0.41
  • Lot Size: 17860.00
  • Page: 271
  • Zoning: mix use
  • Lot Description: Corner, Paved Drive

Multi Family

  • Total Levels: 5
  • Total Rms: 12
  • No Units: 2
  • Mf Type: 2 Family - 2 Units Side by Side

Tax Info

  • Taxes: 476400.00
  • Assessor Parcel Number: 1683561
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
Jun 30, 2021
Sold by
Morse Maureen and Morse Jeffrey
Bought by
Champi Elizabeth A
Seller's Agent
John Cudmore
Media Realty Group Inc.
Buyer's Agent
John Cudmore
Media Realty Group Inc.
List Price
$480,000
Sold Price
$469,000
Premium/Discount to List
-$11,000
-2.29%
Current Estimated Value
$768,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,049
Avg. Annual Appreciation
10.11%
Original Mortgage
$398,650
Outstanding Balance
$360,141
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$360,540

Purchase Details

Closed on
Nov 21, 2018
Sold by
Morse Heath
Bought by
Morse Maureen

Purchase Details

Closed on
Dec 17, 2015
Sold by
Morse Jeffrey A and Morse Maureen A
Bought by
Morse Heath C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Champi Elizabeth A $469,000 None Available
Morse Maureen -- --
Morse Maureen -- --
Morse Maureen -- --
Morse Heath C -- --
Morse Heath C -- --
Morse Heath C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Champi Elizabeth A $398,650
Closed Champi Elizabeth A $398,650
Previous Owner Morse Heath C $163,350
Previous Owner Morse Heath C $135,000
Previous Owner Morse Heath C $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2021 07/01/21 Sold $469,000 -2.3% $132 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $480,000 -- $135 / 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 $60 $501,200 $218,700 $282,500
2024 $6,076 $490,800 $208,300 $282,500
2023 $6,177 $470,800 $208,300 $262,500
2022 $6,612 $468,600 $174,600 $294,000
2021 $6,284 $476,400 $174,600 $301,800
2020 $5,700 $457,100 $178,600 $278,500
2019 $5,438 $432,600 $145,600 $287,000
2018 $5,554 $425,500 $139,600 $285,900
2017 $5,290 $412,300 $126,400 $285,900
2016 $5,441 $418,500 $118,400 $300,100
2015 $5,615 $425,400 $122,400 $303,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72801697

MLS Property Information Network (MLS PIN)

APN: SHRE-000058-000000-002000