NOT LISTED FOR SALE

1282 S Main St Palmer, MA 01069

Palmer Area
42 Beds
12 Baths
15,856 Sq Ft
1.01 Acre Lot

Sale Details

Date Sold: March 18, 2021

Last sale price $1,090,000 $69 Per Sq Ft

7 Days on Market

About This Home

As of March 2021

INVESTMENT OPPORTUNITY YOU DO NOT WANT TO MISS!! THIS 12 UNIT RENTAL PROPERTY IS FULLY OCCUPIED W/ TENANTS PAYING THIER OWN UTILITIES AND HAS LEAD COMPLIANCE LETTERS FOR EACH UNIT. There is a total of 42 bedrooms; 2 x 2 bedrooms, 2 X 3 bedrooms, 8 X 4 bedrooms. The rent roll is over $13,000 but can be over $17,000 with todays market rents. These are three buildings on one lot, sold as one. Roof was replaced in 2006.

Last Agent to Sell the Property

Tanya Vital-Basile

Executive Real Estate, Inc. Listed on: 11/06/2020

Executive Real Estate, Inc.

Last Buyer's Agent

Peter Mlaguzi

M&A Real Estate

M&A Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 1.01

Utilities

  • Natural Gas Water Heater
  • Oil Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:55 B:107

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

1.01 Acres

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 69.37
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1900

Interior Features

  • Total Flrs: 7
  • No Bedrooms: 42
  • Total Brs: 42
  • Full Bathrooms: 12
  • Total Fbh: 12
  • No Rooms: 30
  • Basement: Y
  • Main Lo: AC1693
  • Main So: AC0188
  • Estimated Sq Ft: 15856.00

Exterior Features

  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking Spaces: 12

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Hot Water: Oil, Natural Gas

Lot Info

  • Assessments: 625100.00
  • Acre: 1.01
  • Lot Size: 43996.00
  • Page: 571
  • Parcel Number: M:55 B:107
  • Zoning: res
  • Lot Description: Paved Drive

Multi Family

  • Total Levels: 5
  • Total Rent: 13100
  • Total Rms: 84
  • No Units: 12
  • Mf Type: 5+ Family - 5+ Units Up/Down

Tax Info

  • Taxes: 14252.00
  • Assessor Parcel Number: 3146980
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2020
Closed on
Mar 18, 2021
Sold by
Bought by
Seller's Agent
Tanya Vital-Basile
Executive Real Estate, Inc.
Buyer's Agent
Peter Mlaguzi
M&A Real Estate
List Price
$1,100,000
Sold Price
$1,090,000
Premium/Discount to List
-$10,000
-0.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$824,410
Interest Rate
0.027%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2006
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,105,000 None Available
$858,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,275,000
Closed $824,410
Previous Owner $420,000
Previous Owner $525,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/18/2021 03/18/21 Sold $1,090,000 -0.9% $69 / Sq Ft
11/13/2020 11/13/20 Pending -- -- --
11/06/2020 11/06/20 For Sale $1,100,000 -- $69 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $22,688 $1,250,000 $66,600 $1,183,400
2024 $21,233 $1,137,300 $60,500 $1,076,800
2023 $20,113 $1,034,600 $60,500 $974,100
2022 $18,107 $846,100 $53,100 $793,000
2021 $14,915 $659,100 $59,200 $599,900
2020 $14,252 $625,100 $59,200 $565,900
2019 $13,849 $625,500 $59,200 $566,300
2018 $13,590 $615,500 $57,500 $558,000
2017 $13,276 $615,500 $57,500 $558,000
2016 $13,568 $637,900 $55,800 $582,100
2015 $13,160 $637,900 $55,800 $582,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72754239

MLS Property Information Network (MLS PIN)

APN: PALM M:55 B:107

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