NOT LISTED FOR SALE

12 E Main St Unit 14 Orange, MA 01364

Estimated Value: $880,504

13 Beds
8.5 Baths
12,912 Sq Ft
$68/Sq Ft Est. Value

Last Sold May 16, 2024

Last sale price $800,000 $62 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,718/month

10 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Jogging Path
  • City View
  • Covered Patio or Porch
  • Park

About This Home

As of May 2024

This is a great mixed-use building housing 2 commercial units and 7 residential units, right in the center of Orange. Fully occupied at market rents. Rent includes heat and h/w for residential units, commercial pay their own. Residential are 6 2BR units and 1 1BR unit. Four of the 7 residential units have private covered porches. Two massive basements could hold potential for some additional income, with back-of-building access. Onsite coin-op laundry. Fire panel. Nicely maintained inside and out. A must-add for any investor looking to expand his/her Orange-area portfolio, or someone looking to start investing in this great community!

Last Agent to Sell the Property

Lynn Brooks

Godin Real Estate Listed on: 02/19/2024

Last Buyer's Agent

Lynn Brooks

Godin Real Estate Listed on: 02/19/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,087

Year Built

  • Built in 1900

Lot Details

  • 7,057 Sq Ft Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof

Interior Spaces

  • 12,912 Sq Ft Home
  • City Views

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 13 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 10 Car Parking Spaces
  • Shared Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Location

  • Property is near public transit
  • Property is near schools

Listing and Financial Details

  • Total Actual Rent $9,689
  • Assessor Parcel Number M:0107 B:0000 L:00173,3314724

Community Details

Overview

  • 9 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path

Building Details

  • Electric Expense $8,618
  • Insurance Expense $8,607
  • Water Sewer Expense $6,720
  • Operating Expense $56,018
  • Net Operating Income $48,471

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,087

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Buyer Agency: 1.5
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 11

Interior Features

  • Flooring: Carpet, Laminate
  • Interior Amenities: Laundry Room
  • Fireplace YN: No
  • Appliances: Washer, Dryer
  • Total Bedrooms: 13
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bathrooms: 9
  • Total Bathrooms: 8.5
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Basement: Full, Concrete
  • Living Area: 12912
  • Spa YN: No
  • Stories Total: 11
  • MAIN LO: H17100
  • LIST PRICE PER Sq Ft: 59.56
  • PRICE PER Sq Ft: 61.96
  • MAIN SO: H17100

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Covered
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Rubber
  • View: City View(s)
  • View YN: Yes
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Shared Driveway, Off Street
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Electric: Circuit Breakers
  • Water Source: Public
  • Hot Water: Oil

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, Public School
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 6720

Lot Info

  • Parcel Number: M:0107 B:0000 L:00173,3314724
  • Zoning: A
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 7057
  • Lot Size Units: Acres
  • PAGE: 78
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13087
  • Tax Book Number: 7190

Multi Family

  • Electric Expense: 8618
  • Gross Income: 104489
  • Insurance Expense: 8607
  • Net Operating Income: 48471
  • Number Of Units Total: 9
  • Operating Expense: 56018
  • Total Actual Rent: 9689
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 2
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2014
Sold by
Woods Linda Est and Bahery
Bought by
Chen Lin Llc
Current Estimated Value
$880,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,500
Outstanding Balance
$207,558
Interest Rate
4.18%
Mortgage Type
Commercial
Estimated Equity
$672,946

Purchase Details

Closed on
Feb 29, 2008
Sold by
Mmb Holdings Llc
Bought by
Bahery Michael

Purchase Details

Closed on
Dec 1, 2006
Sold by
Main St Orange Rt and Bahery
Bought by
Mmb Holdings Llc and Woods

Purchase Details

Closed on
Jul 28, 2006
Sold by
Kadar Carla I and Willard Jerome L
Bought by
Main Street Orange Rt and Bahery

Purchase Details

Closed on
Jan 9, 2004
Sold by
Willard Jerome L
Bought by
Kadar Carla I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,190
Interest Rate
5.88%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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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
Chen Lin Llc $362,000 --
Chen Lin Llc $362,000 --
Bahery Michael -- --
Bahery Michael -- --
Mmb Holdings Llc -- --
Mmb Holdings Llc -- --
Main Street Orange Rt $77,000 --
Main Street Orange Rt $77,000 --
Kadar Carla I $341,700 --
Kadar Carla I $341,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Lin Llc $271,500
Closed Kadar Carla I $271,500
Previous Owner Kadar Carla I $239,190
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2024 05/16/24 Sold $800,000 +4.0% $62 / Sq Ft
03/01/2024 03/01/24 Pending -- -- --
02/19/2024 02/19/24 For Sale $769,000 -- $60 / 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 $12,602 $766,100 $39,900 $726,200
2024 $13,087 $750,400 $39,900 $710,500
2023 $13,601 $757,300 $39,900 $717,400
2022 $13,508 $706,500 $34,000 $672,500
2021 $7,958 $396,900 $40,600 $356,300
2020 $7,908 $389,000 $39,200 $349,800
2019 $8,287 $368,000 $37,400 $330,600
2018 $7,896 $359,900 $35,900 $324,000
2017 $7,641 $359,900 $35,900 $324,000
2016 $9,138 $421,100 $35,900 $385,200
2015 $7,982 $384,300 $35,900 $348,400
2014 $7,586 $384,300 $35,900 $348,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73203598

MLS Property Information Network (MLS PIN)

APN: ORAN-000107-000000-000173