NOT LISTED FOR SALE

127 Spruce St Leominster, MA 01453

Estimated Value: $456,397 - $521,000

5 Beds
4 Baths
1,929 Sq Ft
$254/Sq Ft Est. Value

Last Sold September 11, 2018

Last sale price $179,500 $93 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $3,052/month

41 Days on Market

About This Home

As of September 2018

Owner Occupiers or Investors come take a look at this 2 family. Current owner has only used the property as a single family. Very rare to find one so close to town at this price! The large unit with 2 levels consists of: Four (4) big bedrooms, 20'x 20' private deck, nice kitchen,laundry room, dining room, living room, laundry chute and a spacious family room. There is a studio apartment in the basement with a full bath and a full kitchen. Bring your ideas to this 2 family. Quick Close possible and "Sold as is".

Last Agent to Sell the Property

Doug Tammelin

Coldwell Banker Realty - Leominster Listed on: 05/15/2018

Coldwell Banker Realty - Leominster

Last Buyer's Agent

Quintin Tigs

EXIT New Options Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,256

Year Built

  • Built in 1920

Lot Details

  • 4,356

Flooring

  • Wall to Wall Carpet
  • Vinyl

Additional Features

  • Deck
  • Natural Gas Water Heater
  • Basement

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,256

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.00
  • Insc: 1500
  • Year Built Description: Actual
  • List Price Per Sq Ft: 98.44
  • Comp Based On: Net Sale Price
  • Year Built: 1920
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1920

Interior Features

  • Flooring: Vinyl, Wall to Wall Carpet
  • Total Flrs: 2
  • No Bedrooms: 5
  • Total Brs: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Fbh: 3
  • Total Hbh: 1
  • No Rooms: 10
  • Basement: Y
  • Main Lo: K95001
  • Main So: H95144
  • Estimated Sq Ft: 1929.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Aluminum
  • Exterior Features: Deck
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 5

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 1200
  • Electric Features: 100 Amps
  • Hot Water: Natural Gas
  • Utility Connections: for Electric Range, for Electric Dryer

Lot Info

  • Assessments: 171600.00
  • Acre: 0.10
  • Lot Size: 4235.00
  • Page: 366
  • Zoning: BB
  • Lot Description: Paved Drive

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Multi Family

  • Total Levels: 3
  • Total Rent: 2000
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 3317.03
  • Assessor Parcel Number: 1577805

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2018
Closed on
Sep 11, 2018
Sold by
Rippere Daniel and Rippere Maria A
Bought by
Preville Nicholas D
Seller's Agent
Doug Tammelin
Coldwell Banker Realty - Leominster
Buyer's Agent
Quintin Tigs
EXIT New Options Real Estate
List Price
$194,900
Sold Price
$179,500
Premium/Discount to List
-$15,400
-7.9%
Current Estimated Value
$490,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,099
Avg. Annual Appreciation
13.33%
Original Mortgage
$176,248
Outstanding Balance
$154,402
Interest Rate
4.62%
Mortgage Type
FHA
Estimated Equity
$277,813

Purchase Details

Closed on
Apr 12, 2001
Sold by
Tocci Joseph A and Tocci Eleanor G
Bought by
Rippere Daniel and Rippere Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
6.97%
Mortgage Type
Commercial
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
Preville Nicholas D $179,500 --
Rippere Daniel $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Preville Nicholas D $46,215
Open Preville Nicholas D $176,248
Previous Owner Rippere Daniel $35,000
Previous Owner Rippere Daniel $20,000
Previous Owner Rippere Daniel $135,000
Previous Owner Rippere Daniel $130,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/11/2018 09/11/18 Sold $179,500 -5.5% $93 / Sq Ft
06/25/2018 06/25/18 Pending -- -- --
06/11/2018 06/11/18 Price Changed $189,900 -2.6% $98 / Sq Ft
05/15/2018 05/15/18 For Sale $194,900 -- $101 / 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 $5,256 $374,600 $103,800 $270,800
2024 $4,597 $316,800 $98,900 $217,900
2023 $4,375 $281,500 $86,000 $195,500
2022 $4,157 $251,000 $74,800 $176,200
2021 $3,902 $215,200 $58,200 $157,000
2020 $2,183 $212,100 $55,100 $157,000
2019 $2,327 $184,400 $49,600 $134,800
2018 $0 $171,600 $48,100 $123,500
2017 $2,464 $124,900 $45,000 $79,900
2016 $2,352 $120,100 $45,000 $75,100
2015 $2,222 $114,300 $45,000 $69,300
2014 $2,650 $140,300 $48,800 $91,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72327462

MLS Property Information Network (MLS PIN)

APN: LEOM-000043-000013