NOT LISTED FOR SALE

120 Mechanic St Marlborough, MA 01752

Estimated Value: $913,000 - $1,256,000

9 Beds
3 Baths
4,000 Sq Ft
$252/Sq Ft Est. Value

Last Sold June 29, 2018

Last sale price $570,000 $142 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $6,105/month

12 Days on Market

Highlights

  • Deck
  • Tankless Water Heater
  • 4-minute walk to Kelleher Field
  • Wood Flooring

About This Home

As of June 2018

Well maintained, large 3 family located within walking distance to the Downtown area. Fully occupied with strong Tenants. Recent updates in 2014 include: New roof, updated electrical, plumbing, energy efficient Navien tank-less hot water and heating systems, completely rehabbed units with new kitchens, baths, flooring and lighting. New concrete sub floor and steel I-beam in the basement. Coin-op laundry producing an additional $1k/year in income. As turn key of an investment property as you'll find in Marlborough. Rents can be adjusted to the current growing rental market rates in the Metro West area to generate an additional $6k/year in income. 1st open house on Friday, the 18th between 3 - 5pm.

Last Agent to Sell the Property

Robert Jordan

Jordan Property Solutions Listed on: 05/16/2018

Last Buyer's Agent

Karen Landry

RE/MAX Executive Realty

RE/MAX Executive Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,074

Year Built

  • Built in 1890

Lot Details

  • 3,485

Flooring

  • Wood
  • Tile

Outdoor Features

  • Deck

Utilities

  • Tankless Water Heater
  • Natural Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:056 B:078 L:000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,074

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Commission: 2.50
  • Other Agent: 1.00
  • Seller Agency: 2.50
  • Sub-Agency Relationship Offered: Yes
  • Year Built Description: Actual
  • List Price Per Sq Ft: 143.75
  • Comp Based On: Net Sale Price
  • Year Built: 1890
  • Lead Paint: Unknown
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1890

Interior Features

  • Flooring: Tile, Varies Per Unit, Hardwood
  • Total Flrs: 6
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Partial, Partially Finished, Interior Access, Concrete Floor
  • Main Lo: AC1736
  • Main So: AN4643
  • Estimated Sq Ft: 4000.00
  • Basement Included Sq Ft: Yes

Exterior Features

  • Beachfront Flag: Yes
  • Beach Miles To: 1 to 2 Mile
  • Construction: Frame, Brick, Stone/Concrete
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl, Brick
  • Exterior Features: Deck - Wood
  • Foundation: Concrete Block, Brick

Garage/Parking

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

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers
  • Heat Zones: 3
  • Hot Water: Natural Gas, Tankless
  • Utility Connections: for Gas Range, for Electric Oven, for Electric Dryer, Washer Hookup, Varies per Unit

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Bike Path, Highway Access, Public School

Lot Info

  • Assessments: 304400.00
  • Acre: 0.08
  • Lot Size: 3392.00
  • Page: 31
  • Parcel Number: M:056 B:078 L:000
  • Zoning: RES
  • Lot Description: Paved Drive, Shared Drive

Green Features

  • Energy Features: Insulated Windows, Insulated Doors, Prog. Thermostat, Varies per Unit

Multi Family

  • APOD Available: Yes
  • Heat Units: 3
  • Total Levels: 4
  • Total Rms: 15
  • No Units: 3
  • Mf Type: 3 Family - 3 Units Up/Down

Tax Info

  • Taxes: 4453.00
  • Assessor Parcel Number: 611449

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 15, 2019
Sold by
Subrahmanyam Kota Irt
Bought by
Svrk Realty Llc
Current Estimated Value
$1,009,010

Purchase Details

Listed on
May 16, 2018
Closed on
Jun 29, 2018
Sold by
Tktv Realty Llc
Bought by
Subrahmanyam Kota Irt
Seller's Agent
Robert Jordan
Jordan Property Solutions
Buyer's Agent
Karen Landry
RE/MAX Executive Realty
List Price
$575,000
Sold Price
$570,000
Premium/Discount to List
-$5,000
-0.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%
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
Svrk Realty Llc -- None Available
Subrahmanyam Kota Irt $570,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2018 06/29/18 Sold $570,000 -0.9% $143 / Sq Ft
05/28/2018 05/28/18 Pending -- -- --
05/16/2018 05/16/18 For Sale $575,000 -- $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 $9,074 $920,300 $144,100 $776,200
2024 $7,913 $772,800 $131,000 $641,800
2023 $8,226 $712,800 $95,400 $617,400
2022 $8,012 $610,700 $90,800 $519,900
2021 $7,862 $569,700 $71,100 $498,600
2020 $7,315 $515,900 $69,200 $446,700
2019 $5,943 $422,400 $67,900 $354,500
2018 $4,453 $304,400 $72,200 $232,200
2017 $4,392 $286,700 $72,200 $214,500
2016 $4,261 $277,800 $72,200 $205,600
2015 $3,333 $211,500 $75,400 $136,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Robert Jordan

    Jordan Property Solutions

    (508) 480-5800

    4 in this area

    10 Total Sales

    Robert Jordan
    Section Image
  • Karen Landry

    Buyer's Agent in 2018

    Karen Landry

    RE/MAX

    (508) 572-2830

    6 in this area

    243 Total Sales

    Karen Landry
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72328554

MLS Property Information Network (MLS PIN)

APN: MARL-000056-000078

Massachusetts Middlesex County Marlborough 01752

120 Mechanic St, Marlborough, MA

This home is located at 120 Mechanic St, Marlborough, MA 01752 since 16 May 2018 and is currently estimated at $1,009,010, approximately $252 per square foot. This property was built in 1890. 120 Mechanic St is a home located in Middlesex County with nearby schools including Marlborough High School, New Covenant Christian School, and Glenhaven Academy - JRI School.

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MLS Property Information Network (MLS PIN) 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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