NOT LISTED FOR SALE

132 Chapin St Southbridge, MA 01550

Estimated Value: $297,873 - $394,000

4 Beds
2 Baths
1,631 Sq Ft
$220/Sq Ft Est. Value

Last Sold December 06, 2021

Last sale price $275,000 $169 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,314/month

7 Days on Market

About This Home

As of December 2021

Welcome Home! Check out this well kept 2 family, fully rented in Southbridge. Both TAW with a total monthly rental income totalling $2,050. 2 bedrooms each unit, potential for a 3rd bedroom on the 2nd floor. Laundry hookups and dishwashers in both units. New furnace installed in 2018, MassSave program insulated bath and kitchen in unit 2 in 2016. High efficiency electric heater in unit 2 replaced 2017. Shared driveway situation is desirable. Do not miss out on this property! Set up a showing to take a look! This one will not last!!

Last Agent to Sell the Property

Michelle Sweeney

The Neighborhood Realty Group Listed on: 09/28/2021

The Neighborhood Realty Group

Last Buyer's Agent

Sasha Martinez

Coldwell Banker Realty - Worcester

Coldwell Banker Realty - Worcester

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,794

Year Built

  • 1875

Lot Details

  • 5,227

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,794

Year Built

1875

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: use GPSDown driveway in back
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1875

Interior Features

  • Total Bathrooms: 2
  • MAIN LO: AN3365
  • LIST PRICE PER Sq Ft: 162.48
  • PRICE PER Sq Ft: 168.61
  • MAIN SO: AN3365
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Stories: 3
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle
  • Foundation Details: Stone
  • Disclosures: Shared Driveway
  • Waterfront: No

Garage/Parking

  • Parking Features: Shared Driveway, Other
  • Open Parking: Yes
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Private School, Public School

Lot Info

  • LOT SIZE: 5085
  • PAGE: 337
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 5227.2
  • Zoning: RES

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2
  • Annual Gross Income: 24600
  • Property Net Operating Income: 24600
  • Number Of Units Total: 2
  • Total Actual Rent: 2050

Tax Info

  • Tax Annual Amount: 2821
  • Tax Book Number: 54278
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2008
Sold by
Cormier Simon G
Bought by
Cormier Jessica L and Cormier Simon G
Current Estimated Value
$359,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 2008
Sold by
Beneficial Mass Inc
Bought by
Cormier Simon G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2008
Sold by
Strader Brian J and Strader Patricia
Bought by
Beneficial Mass Inc

Purchase Details

Closed on
Apr 6, 2006
Sold by
White Kimberly A
Bought by
Strader Brian J and Strader Patricia

Purchase Details

Closed on
Oct 5, 2004
Sold by
Creelman Harriet F and White Kimberly A
Bought by
White Kimberly A

Purchase Details

Closed on
May 22, 1998
Sold by
Perreault Michael D and Perreault Lori Ann
Bought by
Creelman Richard and Creelman Harriet F
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
Cormier Jessica L -- --
Cormier Jessica L -- --
Cormier Simon G $66,000 --
Cormier Simon G $66,000 --
Beneficial Mass Inc $219,684 --
Beneficial Mass Inc $219,684 --
Strader Brian J $192,900 --
Strader Brian J $192,900 --
White Kimberly A -- --
White Kimberly A -- --
Creelman Richard $69,000 --
Creelman Richard $69,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Creelman Richard $121,754
Closed Cormier Jessica L $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/06/2021 12/06/21 Sold $275,000 +3.8% $169 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $265,000 +121.0% $162 / Sq Ft
09/10/2015 09/10/15 Sold $119,900 +99900.0% $79 / Sq Ft View Prior Sale
08/11/2015 08/11/15 Pending -- -- --
06/28/2015 06/28/15 For Sale $120 -- $0 / 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 $4,794 $327,000 $34,200 $292,800
2024 $4,601 $301,500 $28,500 $273,000
2023 $4,312 $272,200 $28,500 $243,700
2022 $3,179 $177,600 $24,400 $153,200
2021 $2,821 $145,100 $24,400 $120,700
2020 $2,560 $131,400 $24,400 $107,000
2018 $2,434 $117,300 $24,400 $92,900
2017 $2,818 $137,000 $24,400 $112,600
2016 $2,825 $139,800 $24,400 $115,400
2015 $2,616 $128,500 $24,400 $104,100
2014 $2,685 $136,700 $24,400 $112,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72901331

MLS Property Information Network (MLS PIN)

APN: SBRI-000048-000049-000001