Seller's Agent in 2023
Paul Marino
Paul R. Marino
(603) 781-4811
2 in this area
84 Total Sales
137 Mill St Lancaster, MA 01523
Estimated Value: $945,000 - $1,099,000
9
Beds
5
Baths
5,392
Sq Ft
$193/Sq Ft
Est. Value
Highlights
- 2.97 Acre Lot
- Wooded Lot
- 2 Fireplaces
- Luther Burbank Middle School Rated A-
About This Home
As of December 2023SPRAWLING, modern farmhouse (BUILT IN 2002), configured as a large MAIN UNIT (3,160+/-sf - the first 24 photos), and TWO AUXILIARY UNITS (1,488+/-sf and 744+/-sf), which derive SUBSTANTIAL RENTAL INCOME ($4,600/mo). OUTSTANDING owner occupied situation, a possible FAMILY COMPOUND, or an excellent INVESTMENT OPPORTUNITY. This unique property is situated in DESIRABLE LANCASTER, overlooking 3 ACRES. Main home is HANDSOMELY CONSTRUCTED, with 9 foot beamed and wood ceilings, beautiful WIDE PLANK OAK FLOORING, 5 bedrooms, formal living room, two fireplaces, and CUSTOM MILLWORK throughout. Attached is a THREE BEDROOM TOWNHOUSE (Photos #25 to #34), commanding an IMPRESSIVE $2,800/mo., and a ONE BEDROOM WALKOUT APARTMENT (Photos #35 to #42), that rents for $1,800/mo. Both units are FULLY FURNISHED and in high demand, perfect for traveling medical professionals. CENTRAL COMMUTING LOCATION, w/easy access to 190, 495, Rte 2 and Mass Pike. Don’t miss this opportunity to own this one of a kind home!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,834
Year Built
- Built in 2002
Lot Details
- 2.97 Acre Lot
- Wooded Lot
Parking
- 6 Car Parking Spaces
Home Design
- Concrete Perimeter Foundation
Interior Spaces
- 5,392 Sq Ft Home
- Property has 2 Levels
- 2 Fireplaces
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Full Bathrooms
Schools
- Mary Rowlandson Elementary School
- Luther Burbank Middle School
- Nashoba High School
Utilities
- Underground Storage Tank
Community Details
- 3 Units
- Net Operating Income $55,200
Listing and Financial Details
- Total Actual Rent $4,600
- Tax Lot 0039.0
- Assessor Parcel Number 3763707
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 23, 2023
Closed on
Dec 15, 2023
Sold by
Breen Thomas and Breen Lisa J
Bought by
Bergeron Thomas M and Bergeron Donna L
Seller's Agent
Paul Marino
Paul R. Marino
Buyer's Agent
Marilyn Green
RE/MAX Signature Properties
List Price
$975,000
Sold Price
$930,000
Premium/Discount to List
-$45,000
-4.62%
Views
151
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,511
Avg. Annual Appreciation
5.62%
Original Mortgage
$415,000
Outstanding Balance
$407,776
Interest Rate
7.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$634,735
Purchase Details
Listed on
Jun 13, 2016
Closed on
Dec 16, 2016
Sold by
Curtis Ft and Colom
Bought by
Breen Thomas and Breen Lisa J
Seller's Agent
Gail Lent
LAER Realty Partners
Buyer's Agent
Susan Meola
Susan Meola, Properties
List Price
$692,000
Sold Price
$493,900
Premium/Discount to List
-$198,100
-28.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%
Original Mortgage
$370,425
Interest Rate
3.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 18, 1966
Bought by
Curtis Edgar C and Curtis Helen C
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bergeron Thomas M | $930,000 | None Available | |
| Breen Thomas | $493,900 | -- | |
| Curtis Edgar C | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Bergeron Thomas M | $415,000 | |
| Previous Owner | Breen Thomas | $370,425 | |
| Previous Owner | Curtis Edgar C | $20,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/15/2023 12/15/23 | Sold | $930,000 | -4.6% | $172 / Sq Ft | |
| 10/04/2023 10/04/23 | Pending | -- | -- | -- | |
| 08/23/2023 08/23/23 | For Sale | $975,000 | +97.4% | $181 / Sq Ft | |
| 12/16/2016 12/16/16 | Sold | $493,900 | -12.6% | $92 / Sq Ft | View Prior Sale |
| 10/22/2016 10/22/16 | Pending | -- | -- | -- | |
| 10/09/2016 10/09/16 | Price Changed | $565,000 | -5.8% | $105 / Sq Ft | |
| 08/08/2016 08/08/16 | Price Changed | $599,900 | -13.3% | $111 / Sq Ft | |
| 06/13/2016 06/13/16 | For Sale | $692,000 | -- | $128 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $14,677 | $908,200 | $135,800 | $772,400 |
| 2024 | $18,600 | $1,065,300 | $126,800 | $938,500 |
| 2023 | $13,714 | $797,800 | $115,800 | $682,000 |
| 2022 | $12,123 | $623,300 | $116,300 | $507,000 |
| 2021 | $13,856 | $693,500 | $116,300 | $577,200 |
| 2020 | $9,466 | $476,900 | $116,300 | $360,600 |
| 2019 | $9,419 | $476,900 | $116,300 | $360,600 |
| 2018 | $9,319 | $466,400 | $116,300 | $350,100 |
| 2016 | $8,715 | $445,800 | $115,300 | $330,500 |
| 2015 | $8,660 | $461,600 | $115,300 | $346,300 |
| 2014 | $9,056 | $478,900 | $115,300 | $363,600 |
Source: Public Records
Agents Affiliated with this Home
-
Paul Marino
-
Marilyn Green
Buyer's Agent in 2023
Marilyn Green
RE/MAX
(508) 509-4775
2 in this area
161 Total Sales
-
Gail Lent
Seller's Agent in 2016
Gail Lent
LAER Realty Partners
(978) 660-9538
1 in this area
28 Total Sales
-
Susan Meola
S
Buyer's Agent in 2016
Susan Meola
Susan Meola, Properties
(508) 835-6908
46 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73151566
APN: LANC-000420-000000-000390
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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