NOT LISTED FOR SALE

116 Highland Ave Fitchburg, MA 01420

Estimated Value: $418,845 - $493,000

6 Beds
3.5 Baths
2,568 Sq Ft
$177/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $360,000 $140 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,411/month

10 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Porch
  • Property is near public transit
  • 1 Fireplace
  • Park

About This Home

As of August 2023

Large Eye-Catching Victorian 3 Family in the College Area of Fitchburg State University. Roof was replaced in 2011! 4 - 100 AMP CIRCUIT BREAKERS & 1 Common Elec. Box, all replaced in 2008, Both Tenants are Tenants-at-Will, 2nd FLoor is VACANT. There are 2 - 2-3BR Units (1st & 2nd Floors) and the 3rd Floor is a 1 BR Unit. Off-Street Parking. SHOWINGS start on July 20, 2023. Priced to sell!! The seller has the right to accept any offer before any Open House.

Last Agent to Sell the Property

Carl Bletzer

Bletzer Realty Listed on: 07/13/2023

Last Buyer's Agent

Carl Bletzer

Bletzer Realty Listed on: 07/13/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,048

Year Built

  • Built in 1890

Lot Details

  • 9,227 Sq Ft Lot

Home Design

  • Stone Foundation
  • Slab Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,568 Sq Ft Home
  • 1 Fireplace

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 3 Heating Zones
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $1,510
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Tax Block 112
  • Assessor Parcel Number M:0033 B:0112 L:0,1503354

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Recreation

  • Park

Additional Features

  • Shops
  • Net Operating Income $18,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,048

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1890
  • Buyer Agency: 2.0
  • Transaction Broker: 1.0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Tile,Vinyl,Carpet,Hardwood
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Utility Connections for Electric Range
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bathrooms: 3.5
  • Basement: Full, Walk-Out Access, Interior Entry, Concrete, Slab, Unfinished
  • Living Area: 2568
  • Spa YN: No
  • Stories Total: 6
  • MAIN LO: C95091
  • LIST PRICE PER Sq Ft: 143.99
  • PRICE PER Sq Ft: 140.19
  • MAIN SO: C95091

Exterior Features

  • Exterior Features: Porch,Deck - Wood,Gutters
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Hot Water Baseboard,Gas), Unit 3(Electric Baseboard,Electric)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, T-Station, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0033 B:0112 L:0,1503354
  • Zoning: RB
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.21
  • Lot Size Area: 0.21
  • Lot Size Sq Ft: 9227
  • Lot Size Units: Acres
  • PAGE: 184
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5048
  • Tax Block: 112
  • Tax Book Number: 7146
  • Tax Lot: 0
  • Tax Map Number: 33

Multi Family

  • Gross Income: 18120
  • Net Operating Income: 18120
  • Number Of Units Total: 3
  • Total Actual Rent: 1510
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2010
Sold by
Hsbc Bank Usa and Ace Securities Co Loan
Bought by
Bohane Matthew and Moses Stephen
Current Estimated Value
$455,211

Purchase Details

Closed on
Mar 19, 2010
Sold by
Chibani Redouane and Hsbc Bank Usa
Bought by
Hsbc Bank Usa and Ace Securities Loan T

Purchase Details

Closed on
Jan 4, 2007
Sold by
Chibani Redouane
Bought by
Elaskri Khadija and Chibani Redouane

Purchase Details

Closed on
Jul 7, 2005
Sold by
Lanzilotti Raymond
Bought by
Chibani Redouane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1987
Sold by
Sherwin Edward C
Bought by
Sherwin Raymond S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,600
Interest Rate
9.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Bohane Matthew $82,000 --
Hsbc Bank Usa $76,500 --
Elaskri Khadija -- --
Chibani Redouane $285,000 --
Sherwin Raymond S $134,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherwin Raymond S $140,000
Previous Owner Chibani Redouane $256,500
Previous Owner Sherwin Raymond S $120,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/18/2023 08/18/23 Sold $360,000 -2.6% $140 / Sq Ft
07/24/2023 07/24/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $369,777 -- $144 / 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 $62 $459,700 $87,200 $372,500
2024 $5,613 $379,000 $53,300 $325,700
2023 $5,048 $315,100 $40,900 $274,200
2022 $4,573 $259,700 $36,000 $223,700
2021 $4,383 $230,300 $27,300 $203,000
2020 $4,200 $213,100 $22,300 $190,800
2019 $3,526 $172,100 $31,000 $141,100
2018 $3,200 $152,300 $28,500 $123,800
2017 $3,043 $141,600 $26,000 $115,600
2016 $3,038 $143,100 $26,000 $117,100
2015 $2,966 $143,400 $27,300 $116,100
2014 $2,917 $147,100 $27,300 $119,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73135617

MLS Property Information Network (MLS PIN)

APN: FITC-000033-000112