K
Seller's Agent in 2022
Kerry Nicolls
12 Hovey St Dracut, MA 01826
Estimated Value: $769,180 - $840,000
6
Beds
3.5
Baths
2,955
Sq Ft
$275/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- Cooling Available
- Property is near public transit
- Porch
- 5-minute walk to Hovey Park
About This Home
As of June 2022Outstanding Investor Opportunity... Prime location, close to the public transportation and local conveniences! Offering well maintained units, plenty of square footage, storage space and tons off street parking! This one of a kind 3-unit property offers 2 residential units, 1 commercial unit as well as a large 2-car detached garage! Both residential units offer 3 bedrooms, laundry, and separate utilities. The second-floor unit is townhouse style offering a front balcony and central air. The commercial unit is zoned B3, perfect for a small office or retail shop. Along with a large yard the property offers updated windows, vinyl siding, heating systems that are approximately 8-10 years old and additional storage shed! This one is a must see! PROPERTY WILL BE AVAILABLE FOR SHOWINGS AT THE OPEN HOUSE FRIDAY, MAY 6TH (4PM-6PM) AND SATURDAY, MAY 7TH (10AM-1PM).
Last Agent to Sell the Property
Kerry Nicolls
Listed on: 05/04/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,187
Year Built
- Built in 1900
Lot Details
- 0.29 Acre Lot
- Level Lot
Parking
- 2 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- Stone Foundation
Interior Spaces
- 2,955 Sq Ft Home
- Property has 1 Level
- Basement Fills Entire Space Under The House
- Dishwasher
- Washer
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
Outdoor Features
- Deck
- Outdoor Storage
- Porch
Location
- Property is near public transit
Utilities
- Cooling Available
- 1 Cooling Zone
- Heating Available
- Gas Water Heater
Listing and Financial Details
- Total Actual Rent $3,000
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number M:63 L:44,3515537
Community Details
Recreation
- Park
Additional Features
- 3 Units
- Shops
- Net Operating Income $36,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2013
Closed on
Aug 12, 2013
Sold by
Locapo John D
Bought by
Inglis Erin and Inglis Dale
Seller's Agent
Mike McDowell
Dick Lepine Real Estate,Inc.
Buyer's Agent
David Nicholaou
Re/Max Innovative Properties
List Price
$379,900
Sold Price
$340,000
Premium/Discount to List
-$39,900
-10.5%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,795
Avg. Annual Appreciation
7.48%
Original Mortgage
$255,000
Outstanding Balance
$191,240
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$620,555
Purchase Details
Closed on
Mar 27, 2006
Sold by
Spano Lena L
Bought by
Lacapo John D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.4%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Inglis Erin | $340,000 | -- | |
| Inglis Erin | $340,000 | -- | |
| Lacapo John D | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Inglis Erin | $255,000 | |
| Closed | Inglis Erin | $255,000 | |
| Previous Owner | Lacapo John D | $310,000 | |
| Previous Owner | Lacapo John D | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/24/2022 06/24/22 | Sold | $715,000 | +2.2% | $242 / Sq Ft |
| 05/10/2022 05/10/22 | Pending | -- | -- | -- |
| 05/04/2022 05/04/22 | For Sale | $699,900 | +105.9% | $237 / Sq Ft |
| 08/14/2013 08/14/13 | Sold | $340,000 | -10.5% | $115 / Sq Ft |
| 07/15/2013 07/15/13 | Pending | -- | -- | -- |
| 04/01/2013 04/01/13 | For Sale | $379,900 | -- | $129 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $7,448 | $736,000 | $195,800 | $540,200 |
| 2024 | $7,288 | $697,400 | $186,400 | $511,000 |
| 2023 | $7,764 | $670,500 | $162,100 | $508,400 |
| 2022 | $7,187 | $584,800 | $147,300 | $437,500 |
| 2021 | $6,778 | $521,000 | $133,900 | $387,100 |
| 2020 | $6,407 | $479,900 | $130,000 | $349,900 |
| 2019 | $5,811 | $422,600 | $123,800 | $298,800 |
| 2018 | $5,524 | $390,700 | $123,800 | $266,900 |
| 2017 | $4,971 | $390,700 | $123,800 | $266,900 |
| 2016 | $4,899 | $330,100 | $119,000 | $211,100 |
| 2015 | $4,928 | $330,100 | $119,000 | $211,100 |
| 2014 | $3,876 | $267,500 | $119,000 | $148,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
Michelle Fermin
Buyer's Agent in 2022
Michelle Fermin
Century 21 North East
(978) 423-6545
26 in this area
1,126 Total Sales
-
Mike McDowell
Seller's Agent in 2013
Mike McDowell
Dick Lepine Real Estate,Inc.
(508) 662-1213
26 in this area
48 Total Sales
-
David Nicholaou
Buyer's Agent in 2013
David Nicholaou
RE/MAX
(978) 866-3135
16 in this area
53 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72976338
APN: DRAC-000063-000000-000044
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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