NOT LISTED FOR SALE

13 Maple St Marlborough, MA 01752

Estimated Value: $741,000 - $762,400

6 Beds
3 Baths
2,590 Sq Ft
$292/Sq Ft Est. Value

Last Sold May 02, 2024

Last sale price $710,000 $274 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,524/month

4 Days on Market

Highlights

  • Golf Course Community
  • Wood Flooring
  • Jogging Path
  • Property is near public transit
  • Tennis Courts
  • 4-minute walk to Union Common

About This Home

As of May 2024

Open House Sunday March 10th 2-4 pm.Don't miss out on this fantastic investment opportunity in Marlborough, MA! This 3-unit multi-family property offers an ideal combination of convenience, comfort, & potential for income generation. Each unit features 2 bedrooms and 1 full bathroom, providing comfortable living spaces for tenants. Spacious unfinished basement provides ample storage space. This property offers flexibility and potential for steady rental income. Situated in an amazing location, residents will enjoy easy access to numerous restaurants, shops, and local amenities. Plus, with nearby access to major routes including 495, 290, and Route 20, it makes commuting a breeze. Whether you're a seasoned investor or exploring your first foray into real estate investment, this multi-family property in Marlborough presents a promising opportunity to add value to your portfolio. Don't let this opportunity pass you by!

Last Agent to Sell the Property

Martha Convers

Lamacchia Realty, Inc. Listed on: 03/08/2024

Lamacchia Realty, Inc.

Last Buyer's Agent

Candor Realty Group

Four Points Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,928

Year Built

  • Built in 1900

Lot Details

  • 2,895 Sq Ft Lot
  • Level Lot
  • Cleared Lot

Home Design

  • Triplex
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,590 Sq Ft Home
  • Insulated Windows
  • Insulated Doors
  • Living Room
  • Range

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • Driveway
  • On-Street Parking
  • Open Parking

Outdoor Features

  • Bulkhead
  • Balcony
  • Enclosed Patio or Porch
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 6 Heating Zones
  • Heating System Uses Natural Gas
  • 100 Amp Service

Listing and Financial Details

  • Total Actual Rent $6,100
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Tax Block 280
  • Assessor Parcel Number M:070 B:280 L:000,614863

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Park
  • Jogging Path

Building Details

  • Electric Expense $300
  • Water Sewer Expense $2,100
  • Operating Expense $2,400
  • Net Operating Income $70,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,928

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1900
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Transaction Broker: 2%
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 6

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Walk-In Closet(s), Bathroom With Tub & Shower, Pantry, Bathroom with Shower Stall, Living Room, Kitchen
  • Door Features: Insulated Doors
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Interior Entry, Bulkhead, Concrete, Unfinished
  • Living Area: 2590
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: AN2314
  • LIST PRICE PER Sq Ft: 269.88
  • PRICE PER Sq Ft: 274.13
  • MAIN SO: AN5498

Exterior Features

  • Exterior Features: Balcony/Deck, Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, On Street

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Cooling: None
  • Heating: Electric, Natural Gas
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 6
  • COOLING ZONES: 0
  • Hot Water: Natural Gas, Tank

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Laundromat, House of Worship, Private School, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2100

Lot Info

  • Parcel Number: M:070 B:280 L:000,614863
  • Zoning: R
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.07
  • Lot Size Area: 0.07
  • Lot Size Sq Ft: 2895
  • Lot Size Units: Acres
  • PAGE: 3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5928
  • Tax Block: 280
  • Tax Book Number: 76596
  • Tax Lot: 000
  • Tax Map Number: 070

Multi Family

  • Electric Expense: 300
  • Gross Income: 73100
  • Net Operating Income: 70800
  • Number Of Units Total: 3
  • Operating Expense: 2400
  • Total Actual Rent: 6100
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2020
Closed on
Nov 16, 2020
Sold by
Cloverhill Properties Llc
Bought by
Gomez Hanna
Seller's Agent
Francis Miele
Miele Realty
Buyer's Agent
Cristhian Losada
Property Investors & Advisors, LLC
List Price
$499,900
Sold Price
$550,000
Premium/Discount to List
$50,100
10.02%
Current Estimated Value
$755,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,100
Avg. Annual Appreciation
6.90%
Original Mortgage
$538,257
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 31, 2020
Sold by
Evangelous Stephen J
Bought by
Cloverhill Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2004
Sold by
Blinderman Bradford D
Bought by
Evangelous Stephen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,500
Interest Rate
5.77%

Purchase Details

Closed on
Nov 1, 2001
Sold by
Maple St Rt and Ginnetti
Bought by
Blinderman Bradford

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
6.82%
Mortgage Type
Purchase Money Mortgage
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
Gomez Hanna $550,000 None Available
Cloverhill Properties Llc $300,000 None Available
Evangelous Stephen J $320,000 --
Evangelous Stephen J $320,000 --
Blinderman Bradford $186,000 --
Blinderman Bradford $186,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Hanna $538,257
Previous Owner Cloverhill Properties Llc $305,000
Previous Owner Evangelous Stephen J $256,000
Previous Owner Blinderman Bradford $148,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2024 05/02/24 Sold $710,000 +1.6% $274 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $699,000 +27.1% $270 / Sq Ft
12/31/2020 12/31/20 Sold $550,000 +10.0% $227 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
10/16/2020 10/16/20 For Sale $499,900 -- $206 / 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 $6,255 $634,400 $140,300 $494,100
2024 $5,928 $578,900 $127,500 $451,400
2023 $6,052 $524,400 $90,100 $434,300
2022 $5,928 $451,800 $85,800 $366,000
2021 $4,321 $313,100 $66,100 $247,000
2020 $4,054 $285,900 $64,400 $221,500
2019 $3,857 $274,100 $63,100 $211,000
2018 $3,428 $234,300 $71,300 $163,000
2017 $3,269 $213,400 $71,200 $142,200
2016 $3,183 $207,500 $71,200 $136,300
2015 $2,254 $143,000 $37,000 $106,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73210178

MLS Property Information Network (MLS PIN)

APN: MARL-000070-000280