NOT LISTED FOR SALE

1291 Main St Unit 1293 Walpole, MA 02081

Estimated Value: $600,686 - $779,000

4 Beds
2 Baths
1,932 Sq Ft
$375/Sq Ft Est. Value

Last Sold July 31, 2017

Last sale price $420,000 $217 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $4,636/month

7 Days on Market

About This Home

As of July 2017

HERE'S YOUR CHANCE to get into the 2 family game with an Excellent opportunity to make a good return! Vinyl sided on a nice lot, minimal landscaping and a super easy rent location! Come check out this 4 bedroom (2 up and 2 down) two family currently under rented but grossing $2300 month with TONS of room to grow. Price reflects condition but with a good renovation has the potential to bring in $3800-$4000 a month! You can continue to rent it as-is and let some one else pay your mortgage, or renovate one unit at a time, or come in and give it a full overhaul. The decision is yours and which ever way you decide to go you can't lose with this one. Both units have long term tenants that pay on time and would like to stay. Building has a history of long term tenants but never goes vacant, this location rents FAST! Minutes to the train and Walpole center (restaurants, bars, shopping) and minutes to Rt. 1, Rt. 27 and i-95. Group showings Friday evening and Open House Sunday.

Last Listed By

Adam Stivaletta

Keller Williams Realty Boston South West Listed on: 05/30/2017

Keller Williams Realty Boston South West

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,026

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Shared Drive, Sloping
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Insc: 1300
  • Year Built Description: Actual
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 10
  • Amenities: Public Transportation, Shopping, Golf Course, Highway Access, T-Station
  • Electric: Circuit Breakers, Individually Metered
  • Basement: Full, Interior Access, Concrete Floor
  • Full Bathrooms: 2
  • Total Levels: 2
  • Main Lo: BB3351
  • Main So: AN2292
  • Estimated Sq Ft: 1932.00

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed
  • Foundation: Poured Concrete, Fieldstone

Garage/Parking

  • Parking Spaces: 6

Utilities

  • Heat Zones: 2
  • Hot Water: Oil, Electric, Tankless
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Sewer: 350

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: RES
  • Acre: 0.34
  • Lot Size: 14815.00

Multi Family

  • Heat Units: 2
  • Common Room: Laundry
  • Total Bedrooms: 4
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 10
  • Total Rent_1: 2300
  • Multi Family Type: 2 Family - 2 Units Up/Down

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2017
Closed on
Jul 31, 2017
Sold by
Federico William N and Federico Meghan
Bought by
Lin Maochang and Lin Doris
Seller's Agent
Adam Stivaletta
Keller Williams Realty Boston South West
Buyer's Agent
Cassie Huang
Kathleen Lau Realty, LLC
List Price
$379,800
Sold Price
$420,000
Premium/Discount to List
$40,200
10.58%
Total Days on Market
7
Current Estimated Value
$723,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,672
Avg. Annual Appreciation
7.90%
Original Mortgage
$399,000
Outstanding Balance
$336,450
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$424,715

Purchase Details

Closed on
Feb 3, 2006
Sold by
Rossi Renny J and Rossi Susan J
Bought by
Federico William N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

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
Lin Maochang $420,000 --
Federico William N $400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Maochang $399,000
Previous Owner Federico William N $318,579
Previous Owner Federico William N $320,000
Previous Owner Federico William N $60,000
Previous Owner Rossi Renny J $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2017 07/31/17 Sold $420,000 +10.6% $217 / Sq Ft
06/06/2017 06/06/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $379,800 -- $197 / 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 $7,026 $547,600 $276,300 $271,300
2024 $7,098 $536,900 $265,600 $271,300
2023 $7,106 $511,600 $231,000 $280,600
2022 $6,623 $458,000 $213,900 $244,100
2021 $6,265 $422,200 $201,800 $220,400
2020 $5,894 $393,200 $180,400 $212,800
2019 $5,394 $357,200 $173,500 $183,700
2018 $4,993 $327,000 $157,900 $169,100
2017 $4,869 $317,600 $151,800 $165,800
2016 $4,764 $306,200 $154,500 $151,700
2015 $4,410 $280,900 $130,700 $150,200
2014 $4,211 $267,200 $130,700 $136,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72172702

MLS Property Information Network (MLS PIN)

APN: WALP-000033-000331