NOT LISTED FOR SALE

116 W Main St Ayer, MA 01432

Estimated Value: $509,000 - $558,000

4 Beds
2 Baths
1,433 Sq Ft
$374/Sq Ft Est. Value

Last Sold October 14, 2022

Last sale price $470,000 $328 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,366/month

1 Day on Market

Highlights

  • Deck
  • Wood Flooring
  • Porch
  • Property is near public transit
  • Jogging Path
  • Tandem Parking

About This Home

As of October 2022

Ahh-Mazing Opportunity! Convenient, Bright, Light and certified De-Leaded Two Family home near thriving Downtown Ayer, with PARKING!! Restored, improved and maintained, this property has enormous wealth building opportunities! Both of these generous two bedroom units have been updated nicely. The first floor unit has access to the basement Washer and Dryer hook ups. New Roof installation scheduled in July 2022. Two parking spots in back, two more spaces in tandem driveway. Small lawn area- easy to maintain enjoyable greenspace. Thriving downtown area has all the conveniences of larger towns, including the Fitchburg line Commuter rail to North Station. Rts 2/ 495 minutes away for easy access to north/south or east/west highway access. OH Saturday. For offers, please provide updated pre-approval.CANCELLED OPEN HOUSE SUNDAY

Last Agent to Sell the Property

Find Your Village Real Estate

Keller Williams Realty Boston Northwest Listed on: 07/06/2022

Keller Williams Realty Boston Northwest

Co-Listed By

Kymberlee Albertelli

Keller Williams Realty Boston Northwest

Last Buyer's Agent

Debbie Salamone

Keller Williams Realty-Merrimack

Keller Williams Realty-Merrimack

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,181

Year Built

  • Built in 1880

Lot Details

  • 4,008 Sq Ft Lot
  • Fenced
  • Level Lot

Home Design

  • Duplex
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,433 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Washer

Kitchen

  • Microwave
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 2 Car Parking Spaces
  • Common or Shared Parking
  • Tandem Parking
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Lura White Elementary School
  • Ayer-Shirley Middle School
  • Ayer-Shirley High School

Utilities

  • Cooling Available
  • 2 Heating Zones
  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Natural Gas Connected
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $4,000
  • Rent includes unit 1(water hot water), unit 2(water hot water)
  • Assessor Parcel Number M:025 B:0000 L:0016,347073

Community Details

Recreation

  • Jogging Path
  • Bike Trail

Additional Features

  • 2 Units
  • Shops
  • Net Operating Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,181

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1880
  • Buyer Agency: 2.5
  • Transaction Broker: 1.0
  • Year Built Details: Actual,Renovated Since
  • 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: Wood,Tile,Vinyl,Laminate, Unit 1(undefined), Unit 2(Tile Floor)
  • Interior Amenities: Unit 1(Ceiling Fans,Lead Certification Available,Storage,Crown Molding,Stone/Granite/Solid Counters,Bathroom With Tub & Shower), Unit 2(Lead Certification Available,Storage,Stone/Granite/Solid Counters,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen,Mudroom)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Disposal,Microwave,Refrigerator,Washer,Dryer), Unit 2(Range,Microwave,Refrigerator), Electric Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup
  • Basement: Partial, Interior Entry, Bulkhead, Concrete, Unfinished
  • Living Area: 1433
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: BB3298
  • LIST PRICE PER Sq Ft: 314.03
  • PRICE PER Sq Ft: 327.98
  • MAIN SO: G95166

Exterior Features

  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck - Wood
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Tandem, Common, Driveway
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: Ayer
  • HEAT UNITS: 2
  • HEAT ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, House of Worship, Public School, Sidewalks
  • Rent Includes: Unit 1(Water,Hot Water), Unit 2(Water,Hot Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:025 B:0000 L:0016,347073
  • Zoning: GR
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 4008
  • Lot Size Units: Acres
  • PAGE: 68
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3181
  • Tax Book Number: 69686

Multi Family

  • Gross Income: 24000
  • Net Operating Income: 24000
  • Number Of Units Total: 2
  • Total Actual Rent: 4000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Ayer-Shirley
  • Elementary School: Lura White
  • Middle Or Junior School: Ayer-Shirley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2005
Sold by
Griffin Jean
Bought by
Molina Tony A
Current Estimated Value
$535,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,300
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 1992
Sold by
Cerasoli Ercole Est
Bought by
Vanvuong Mai Van and Vuong Bau Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
8.23%
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
Molina Tony A $227,000 --
Vanvuong Mai Van $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crescere Llc $376,000
Closed Lapin Joshua A $248,142
Closed Lapin Joshua A $238,668
Closed Lapin Joshua A $245,471
Closed Molina Tony A $150,000
Closed Molina Tony $235,000
Closed Molina Tony A $179,300
Closed Molina Tony Angel $24,950
Previous Owner Vanvuong Mai Van $66,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $470,000 +4.4% $328 / Sq Ft
07/08/2022 07/08/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $450,000 +80.0% $314 / Sq Ft
07/28/2017 07/28/17 Sold $250,000 0.0% $175 / Sq Ft
06/10/2017 06/10/17 Pending -- -- --
05/10/2017 05/10/17 Price Changed $249,900 -2.7% $175 / Sq Ft
04/30/2017 04/30/17 For Sale $256,900 0.0% $179 / Sq Ft
04/27/2017 04/27/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $256,900 -- $179 / 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 $5,343 $446,700 $101,400 $345,300
2024 $4,577 $373,600 $101,400 $272,200
2023 $3,165 $254,800 $95,300 $159,500
2022 $3,181 $237,000 $82,500 $154,500
2021 $2,967 $209,800 $75,400 $134,400
2020 $2,759 $195,700 $72,600 $123,100
2019 $2,391 $175,400 $69,200 $106,200
2018 $2,338 $162,000 $67,200 $94,800
2017 $2,308 $160,400 $70,200 $90,200
2016 $2,397 $165,000 $76,800 $88,200
2015 $2,374 $162,400 $82,000 $80,400
2014 $2,353 $167,100 $82,000 $85,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73007460

MLS Property Information Network (MLS PIN)

APN: AYER-000025-000000-000016