NOT LISTED FOR SALE

121 Central St Southbridge, MA 01550

Estimated Value: $417,000 - $455,000

7 Beds
3.5 Baths
3,870 Sq Ft
$113/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $420,000 $109 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,950/month

4 Days on Market

Highlights

  • Property is near public transit
  • Wood Flooring
  • Tennis Courts
  • Wooded Lot
  • Corner Lot
  • Jogging Path

About This Home

As of May 2023

This three family unit has had many updates some done by the previous owner.The windows were replaced as well as two of the furnaces in 2012 along with many electrical updates.the roof was replaced by the previous owners.These apartments are oversized plenty of living space and storage.There are amazing views of the river as you can feel the serenity as you watch and listen as it flows by.The first floor unit has three bedrooms and one bath.The property is partially fenced on 3 sides.The first floor entrance is # 121,The second and third floor share a staircase up to your apartment and the house number is 123.Plenty of storage area in the walk in basement.First floor is occupied with a long term tenant.All three units were recently updated and freshly painted.This is a great investor opportunity.Rental incomes are all potential for the location.

Last Agent to Sell the Property

Bob Mellen

Century 21 Custom Home Realty Listed on: 03/01/2023

Last Buyer's Agent

Claire Bett

Realty Executives Boston West

Realty Executives Boston West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,692

Year Built

  • Built in 1915 | Remodeled

Lot Details

  • 6,597 Sq Ft Lot
  • Near Conservation Area
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Garden

Home Design

  • 3,870 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

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

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating Available
  • Separate Meters
  • Oil Water Heater

Additional Features

  • Washer and Dryer Hookup
  • Enclosed patio or porch

Listing and Financial Details

  • Total Actual Rent $4,000
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:0030 B:0001 L:00001,3977127

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Recreation

  • Tennis Courts
  • Park
  • Jogging Path

Additional Features

  • Shops
  • Net Operating Income $46,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,692

Year Built

Built in 1915 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Property Condition: Unit 1 Remodeled, Unit 2 Remodeled
  • Year Built: 1915
  • Buyer Agency: 2
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Vinyl,Laminate, Unit 1(undefined), Unit 2(Wood Flooring), Unit 3(Wood Flooring)
  • Interior Amenities: Unit 1(Pantry,High Speed Internet Hookup,Bathroom With Tub & Shower), Unit 2(Pantry,Bathroom With Tub & Shower), Unit 3(Pantry,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen,Mudroom), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Oil Water Heater,Electric Water Heater
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bathrooms: 3.5
  • Laundry Features: Unit 1(Washer Hookup,Dryer Hookup)
  • Basement: Full, Walk-Out Access, Interior Entry
  • Living Area: 3870
  • Stories Total: 6
  • MAIN LO: AN4101
  • LIST PRICE PER Sq Ft: 100.75
  • PRICE PER Sq Ft: 108.53
  • MAIN SO: BB5398

Exterior Features

  • Exterior Features: Garden, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck, Unit 3 Balcony/Deck
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Stream
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Stone/Gravel
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Oil), Unit 2(Oil), Unit 3(Electric Baseboard,Oil)
  • Cooling Y N: No
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Conservation Area, Highway Access, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Lot Info

  • Parcel Number: M:0030 B:0001 L:00001,3977127
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Wooded, Level
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6597
  • Lot Size Units: Acres
  • PAGE: 84
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3692
  • Tax Book Number: 65083

Multi Family

  • Gross Income: 46800
  • Net Operating Income: 46800
  • Number Of Units Total: 3
  • Total Actual Rent: 4000
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2009
Sold by
Cormier Gregory S
Bought by
Lapierre Jesse M
Current Estimated Value
$438,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,920
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 22, 2009
Sold by
Litton Loan Servicing and Deutsche Bank Natl T C
Bought by
Cormier Gregory S

Purchase Details

Closed on
May 2, 2008
Sold by
Cortis Larry and Deutsche Bank Natl T C
Bought by
Deutsche Bank Natl T C

Purchase Details

Closed on
Aug 12, 2005
Sold by
Neptune Zachary
Bought by
Cortis Larry P

Purchase Details

Closed on
Apr 17, 2003
Sold by
Mateo Domingo
Bought by
Neptune Zachary

Purchase Details

Closed on
Aug 16, 1994
Sold by
Ober Arthur J and Ober Judith
Bought by
Mateo Domingo
Source: Public Records

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Range of Values:

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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
Lapierre Jesse M $170,000 --
Lapierre Jesse M $170,000 --
Cormier Gregory S $61,000 --
Cormier Gregory S $61,000 --
Deutsche Bank Natl T C $174,250 --
Deutsche Bank Natl T C $174,250 --
Cortis Larry P $238,000 --
Cortis Larry P $238,000 --
Neptune Zachary $169,600 --
Neptune Zachary $169,600 --
Mateo Domingo $75,000 --
Mateo Domingo $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foley Real Estate Llc $352,000
Closed Foley Real Estate Llc $352,000
Closed Carrera Eriberto M $384,615
Closed Obrien Keiron $150,000
Closed 121 Central Street Llc $12,000
Closed Lapierre Jesse M $166,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $420,000 +7.7% $109 / Sq Ft
03/06/2023 03/06/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $389,900 +95.0% $101 / Sq Ft
05/03/2021 05/03/21 Sold $200,000 -28.5% $52 / Sq Ft
03/08/2021 03/08/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $279,900 +107.5% $72 / Sq Ft
07/24/2018 07/24/18 Sold $134,900 0.0% $35 / Sq Ft
02/16/2018 02/16/18 Pending -- -- --
03/29/2017 03/29/17 For Sale $134,900 0.0% $35 / Sq Ft
03/27/2017 03/27/17 Off Market $134,900 -- --
03/27/2017 03/27/17 For Sale $134,900 0.0% $35 / Sq Ft
11/25/2016 11/25/16 Pending -- -- --
06/30/2016 06/30/16 Price Changed $134,900 -3.6% $35 / Sq Ft
04/27/2016 04/27/16 For Sale $139,900 -- $36 / 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 $6,018 $410,500 $27,600 $382,900
2024 $3,972 $260,300 $13,800 $246,500
2023 $3,692 $233,100 $13,800 $219,300
2022 $4,081 $228,000 $11,800 $216,200
2021 $4,067 $209,200 $11,800 $197,400
2020 $3,812 $195,700 $11,800 $183,900
2018 $3,000 $144,600 $17,000 $127,600
2017 $2,974 $144,600 $17,000 $127,600
2016 $2,706 $133,900 $17,000 $116,900
2015 $2,789 $137,000 $18,300 $118,700
2014 $2,691 $137,000 $18,300 $118,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73082052

MLS Property Information Network (MLS PIN)

APN: SBRI-000030-000001-000001