NOT LISTED FOR SALE

1289 S Main St Palmer, MA 01069

Estimated Value: $165,000 - $233,000

3 Beds
1 Bath
1,173 Sq Ft
$178/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $132,450 $113 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,352/month

148 Days on Market

About This Home

As of February 2021

Welcome home. This wonderful single family home is located in the village district and offers opportunities for commercial applications as well as single family use. The current owner has made many updates making this a wonderful home.Investors take notice. This home is currently being rented for almost $1,400.00 per month. With the current liabilities, that gives this property a Capitalization rate of almost 10%. This is a money maker. Don't miss out on this wonderful opportunity.

Last Agent to Sell the Property

Kevin Moore

Executive Real Estate, Inc. Listed on: 08/27/2020

Executive Real Estate, Inc.

Last Buyer's Agent

The Neilsen Team

Neilsen Realty LLC

Neilsen Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,919

Year Built

  • Built in 1900

Lot Details

  • 1,742

Utilities

  • Forced Air Heating System
  • Heating System Uses Oil
  • Cable TV Available

Additional Features

  • Range
  • Laminate Flooring
  • Porch
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:55 B:164

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,919

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Single Family
  • Single Family Type: Detached
  • Style: Craftsman
  • Year Built Description: Actual
  • List Price Per Sq Ft: 115.00
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Certified Treated
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900

Interior Features

  • Flooring: Laminate
  • Interior Amenities: Cable Available
  • Appliances: Range, Refrigerator
  • No Bedrooms: 3
  • Master Bedroom: On Level: Second Floor, Closet, Flooring - Laminate
  • Bedroom 2: On Level: Second Floor, Closet, Flooring - Laminate
  • Bedroom 3: On Level: Second Floor, Closet, Flooring - Laminate
  • Full Bathrooms: 1
  • Bathroom 1: On Level: First Floor, Bathroom - Full, Bathroom - With Tub & Shower
  • No Rooms: 6
  • Dining Room: On Level: First Floor, Closet/Cabinets - Custom Built, Flooring - Laminate
  • Kitchen: On Level: First Floor, Flooring - Laminate, Cabinets - Upgraded, Deck - Exterior
  • Laundry: On Level: Basement, Dryer Hookup - Electric, Washer Hookup
  • Living Room: On Level: First Floor, Flooring - Laminate
  • Basement: Y
  • Main Lo: M95273
  • Main So: M95273
  • Estimated Sq Ft: 1173.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Poured Concrete
  • Insulation Feature: Full

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 1

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Heating: Forced Air, Oil
  • Heat Zones: 1
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Laundromat, Highway Access

Lot Info

  • Assessments: 116200.00
  • Acre: 0.04
  • Lot Size: 1832.00
  • Page: 276
  • Parcel Number: M:55 B:164
  • Zoning: Res
  • Lot Description: Paved Drive, Level

Green Features

  • Energy Features: Insulated Windows

Tax Info

  • Taxes: 2649.00
  • Assessor Parcel Number: 3147044
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2020
Closed on
Apr 16, 2021
Sold by
Lech John W
Bought by
Lech John W and Lech Dorothy M
Seller's Agent
Kevin Moore
Executive Real Estate, Inc.
Buyer's Agent
The Neilsen Team
Neilsen Realty LLC
List Price
$134,900
Sold Price
$132,450
Premium/Discount to List
-$2,450
-1.82%
Current Estimated Value
$209,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,686
Avg. Annual Appreciation
10.46%
Original Mortgage
$99,338
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Aug 27, 2020
Closed on
Feb 24, 2021
Sold by
Johnson Erin C
Bought by
Lech John W
Seller's Agent
Kevin Moore
Executive Real Estate, Inc.
Buyer's Agent
The Neilsen Team
Neilsen Realty LLC
List Price
$134,900
Sold Price
$132,450
Premium/Discount to List
-$2,450
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,338
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 2010
Sold by
Cit Grp Consumer Finan
Bought by
Johnson Erin C

Purchase Details

Closed on
Dec 15, 2008
Sold by
Cit Grp and Cit Corbett
Bought by
Cit Grp

Purchase Details

Closed on
Jun 2, 2004
Sold by
Monty Lane P
Bought by
Corbett Dean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,580
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2001
Sold by
Dupuis Carol
Bought by
Monty Lane P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2001
Sold by
Gordon Leonard F and Gordon Linda A
Bought by
Dupuis Christopher and Dupuis Carol

Purchase Details

Closed on
Jun 1, 1998
Sold by
Mann Eva M
Bought by
Gordon Leonard F and Gordon Linda A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lech John W -- None Available
Lech John W -- None Available
Lech John W $132,450 None Available
Johnson Erin C $19,900 --
Johnson Erin C $19,900 --
Cit Grp $37,175 --
Grp Cit $37,175 --
Corbett Dean $68,900 --
Corbett Dean $68,900 --
Monty Lane P $57,500 --
Monty Lane P $57,500 --
Dupuis Christopher $30,000 --
Dupuis Christopher $30,000 --
Gordon Leonard F $29,900 --
Gordon Leonard F $29,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lech John W $99,338
Previous Owner Corbett Dean $54,580
Previous Owner Corbett Dean $14,320
Previous Owner Gordon Leonard F $46,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $132,450 -1.8% $113 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
08/27/2020 08/27/20 For Sale $134,900 -- $115 / 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 $2,919 $160,800 $44,600 $116,200
2024 $2,731 $146,300 $40,500 $105,800
2023 $2,654 $136,500 $40,500 $96,000
2022 $2,829 $132,200 $35,500 $96,700
2021 $2,734 $120,800 $39,500 $81,300
2020 $2,649 $116,200 $39,500 $76,700
2019 $2,672 $120,700 $39,500 $81,200
2018 $2,590 $117,300 $38,400 $78,900
2017 $2,019 $93,600 $38,400 $55,200
2016 $1,933 $90,900 $37,300 $53,600
2015 $1,875 $90,900 $37,300 $53,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72717192

MLS Property Information Network (MLS PIN)

APN: PALM-000055-000000-000164