NOT LISTED FOR SALE

120 Myrtle Ave Fitchburg, MA 01420

Estimated Value: $458,783 - $504,000

6 Beds
2 Baths
2,718 Sq Ft
$174/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $355,000 $131 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,499/month

2 Days on Market

Highlights

  • Deck
  • Porch
  • Carpet
  • Property is near public transit
  • Park
  • Heating Available

About This Home

As of May 2022

OFFER ACCEPTED! SUNDAY OPEN HOUSE CANCELLED! TURN-KEY INVESTMENT OPPORTUNITY! Two family home with off-street parking and separate utilities within a block of Fitchburg University! Both units are spacious and have had 100% occupancy for many years. The first floor unit, rented for $1125, has two bedrooms and is more recently updated, while the second floor unit, rented for $1440, has two levels with 4 bedrooms and a large covered porch in the rear. Laundry hookup on first floor level hallway can be part of the first floor unit or shared. Second floor can be delivered vacant after the end of May though there are interested parties if new owner wants a new lease; the first floor, while currently leased, can be changed to TAW. Sold as-is, should qualify for all financing. Showings start at OH Sat & Sun 10:30-12:00, Offer deadline Tuesday at 6:00!

Last Agent to Sell the Property

Jill Bailey

Redfin Corp. Listed on: 03/30/2022

Redfin Corp.

Last Buyer's Agent

Rebecca Koulalis

Redfin Corp.

Redfin Corp.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,841

Year Built

  • Built in 1910

Lot Details

  • 3,920

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,718 Sq Ft Home
  • Property has 1 Level
  • Insulated Windows
  • Insulated Doors
  • Dishwasher
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Parking

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

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Additional Features

  • 3,920 Sq Ft Lot
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $2,565
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:0033 B:0130 L:0,1503372

Community Details

Recreation

  • Park

Additional Features

  • 2 Units
  • Net Operating Income $30,780

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,841

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1910
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Dual Variable: Yes
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Carpet,Laminate
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Unit 2(Range,Dishwasher,Refrigerator)
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Unit 1(Washer Hookup,Dryer Hookup)
  • Basement: Full, Concrete, Unfinished
  • Living Area: 2718
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: NB3534
  • LIST PRICE PER Sq Ft: 114.05
  • PRICE PER Sq Ft: 130.61
  • MAIN SO: NB3534

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Electric), Unit 2(Gas)
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Park, University
  • Rent Includes: Unit 1(Water), Unit 2(Water)

Lot Info

  • Parcel Number: M:0033 B:0130 L:0,1503372
  • Zoning: RC
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 3920.399999
  • Lot Size Units: Acres
  • LOT SIZE: 3865
  • PAGE: 365

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3841
  • Tax Book Number: 9411

Multi Family

  • Gross Income: 30780
  • Net Operating Income: 30780
  • Number Of Units Total: 2
  • Total Actual Rent: 2565
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2022
Sold by
Pinto Vishal
Bought by
Pinto Estates & Svcs Llc
Current Estimated Value
$471,946

Purchase Details

Closed on
Aug 26, 2010
Sold by
First Horizon Home Loa and First Tennessee Bk
Bought by
Myrtle Raf Llc

Purchase Details

Closed on
May 26, 2010
Sold by
Silva Valente A and Silva Adriano
Bought by
First Horizon Home Loa and First Tennessee Bk

Purchase Details

Closed on
Apr 15, 2005
Sold by
Bonnet Magaly
Bought by
Silva Adriano and Valente Kathleen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,800
Interest Rate
5.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 2000
Sold by
Pennetti Annamaria
Bought by
Bonnet Magaly

Purchase Details

Closed on
Dec 2, 1993
Sold by
Pennetti Concetta
Bought by
Pennetti Annamarie

Purchase Details

Closed on
Sep 3, 1993
Sold by
Ohio Sb
Bought by
Pennetti Concetta

Purchase Details

Closed on
Jan 12, 1993
Sold by
Reed Adam L and Ohio Sb
Bought by
Ohio Sb

Purchase Details

Closed on
May 29, 1987
Sold by
Young Kathleen L
Bought by
Reed Adam L
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
Pinto Estates & Svcs Llc -- None Available
Myrtle Raf Llc $72,300 --
First Horizon Home Loa $114,750 --
Silva Adriano $236,000 --
Bonnet Magaly $83,000 --
Pennetti Annamarie $63,000 --
Pennetti Concetta $17,500 --
Ohio Sb $128,489 --
Reed Adam L $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reed Adam L $120,000
Previous Owner Silva Adriano $188,800
Previous Owner Silva Adriano $47,200
Previous Owner Reed Adam L $102,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2022 05/31/22 Sold $355,000 +14.5% $131 / Sq Ft
04/02/2022 04/02/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $310,000 +47.6% $114 / Sq Ft
09/06/2019 09/06/19 Sold $210,000 +1.0% $77 / Sq Ft View Prior Sale
07/29/2019 07/29/19 Pending -- -- --
07/17/2019 07/17/19 For Sale $208,000 -- $77 / 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 $52 $383,800 $85,700 $298,100
2024 $4,801 $324,200 $50,500 $273,700
2023 $4,567 $285,100 $38,700 $246,400
2022 $4,228 $240,100 $34,000 $206,100
2021 $4,091 $215,000 $25,800 $189,200
2020 $3,495 $177,300 $21,100 $156,200
2019 $3,166 $154,500 $29,300 $125,200
2018 $2,967 $141,200 $27,000 $114,200
2017 $2,665 $124,000 $24,600 $99,400
2016 $2,633 $124,000 $24,600 $99,400
2015 $2,523 $122,000 $25,800 $96,200
2014 $2,419 $122,000 $25,800 $96,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72959563

MLS Property Information Network (MLS PIN)

APN: FITC-000033-000130