Seller's Agent in 2022
Tim Cook
Keller Williams Elite
(508) 361-9354
3 in this area
10 Total Sales
120 Summit St Clinton, MA 01510
Estimated Value: $592,000 - $753,000
6
Beds
3
Baths
3,045
Sq Ft
$219/Sq Ft
Est. Value
About This Home
As of June 2022Huge 3 family with spacious units and ample parking. All three units have been maintained in good condition and offer large kitchens and bathrooms. Recent updates on 1st and 2nd floors, including new flooring in large main rooms. First floor has large mudroom, 2 bedrooms, large eat-in kitchen, dining room and living room, or the option to use front room as another bedroom. Second floor has similar layout and option to use front room as another bedroom. Third floor has two large bedrooms, eat-in kitchen, and a living room. Very long term tenants on 3rd floor. Each unit has its own covered porch. Separate washer and dryer hookups for each unit in the basement. Private, gently sloping backyard. Parking for 5 cars. All three tenants are tenant-at-will, reliable, have paid rent on time, and are responsible for their own utilities. Separate gas and electric utilities for each unit plus a landlord electric meter. Group showings will be arranged.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,369
Year Built
- Built in 1900
Lot Details
- 7,841
Home Design
- 3,045 Sq Ft Home
- Brick Foundation
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Parking
- 5 Car Parking Spaces
- Driveway
- Open Parking
- Off-Street Parking
Additional Features
- Covered Patio or Porch
- 7,841 Sq Ft Lot
- Heating Available
Listing and Financial Details
- Total Actual Rent $3,250
- Rent includes unit 1(water), unit 2(water), unit 3(water)
- Assessor Parcel Number M:0061 B:1270 L:0000,3307408
Community Details
Overview
- 3 Units
- Property has 1 Level
Building Details
- Net Operating Income $39,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 29, 2022
Closed on
Jun 14, 2022
Sold by
Spacecraft Llc
Bought by
Albertelli Randy J and Albertelli Jessica A
Seller's Agent
Tim Cook
Keller Williams Elite
Buyer's Agent
Randy Albertelli
Realty Vision
List Price
$475,000
Sold Price
$550,000
Premium/Discount to List
$75,000
15.79%
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
$115,753
Avg. Annual Appreciation
5.58%
Original Mortgage
$412,500
Outstanding Balance
$390,759
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$274,994
Purchase Details
Closed on
Dec 2, 2020
Sold by
Scheik Naaz
Bought by
Spacecraft Llc
Purchase Details
Closed on
Sep 11, 2020
Sold by
Spacecraft Llc
Bought by
Scheik Naaz
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 15, 2017
Sold by
Salmon James W and Salmon Evelyn
Bought by
Spacecraft Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
4.02%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Albertelli Randy J | $550,000 | None Available | |
| Spacecraft Llc | -- | None Available | |
| Scheik Naaz | -- | None Available | |
| Spacecraft Llc | $327,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Albertelli Randy J | $412,500 | |
| Previous Owner | Scheik Naaz | $210,000 | |
| Previous Owner | Spacecraft Llc | $217,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/14/2022 06/14/22 | Sold | $550,000 | +15.8% | $181 / Sq Ft |
| 05/09/2022 05/09/22 | Pending | -- | -- | -- |
| 04/29/2022 04/29/22 | For Sale | $475,000 | -- | $156 / 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 | $6,819 | $512,700 | $101,300 | $411,400 |
| 2024 | $6,193 | $471,300 | $101,300 | $370,000 |
| 2023 | $5,238 | $391,800 | $92,100 | $299,700 |
| 2022 | $5,369 | $360,100 | $83,700 | $276,400 |
| 2021 | $4,411 | $276,700 | $79,800 | $196,900 |
| 2020 | $4,048 | $261,300 | $79,800 | $181,500 |
| 2019 | $3,775 | $237,000 | $77,400 | $159,600 |
| 2018 | $3,727 | $219,500 | $77,400 | $142,100 |
| 2017 | $3,917 | $221,700 | $77,400 | $144,300 |
| 2016 | $3,829 | $221,700 | $77,400 | $144,300 |
| 2015 | $3,450 | $207,100 | $75,200 | $131,900 |
| 2014 | $3,345 | $207,100 | $75,200 | $131,900 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Cook
-
Randy Albertelli
R
Buyer's Agent in 2022
Randy Albertelli
Realty Vision
(781) 710-2154
1 in this area
1 Total Sale
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72974227
APN: CLIN-000061-001270
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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