NOT LISTED FOR SALE

Estimated Value: $601,000 - $828,000

9 Beds
3 Baths
4,163 Sq Ft
$167/Sq Ft Est. Value

Last Sold April 19, 2022

Last sale price $500,000 $120 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,305/month

5 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Shops
  • Property is near public transit
  • Porch
  • Coin Laundry

About This Home

As of April 2022

Attention all investors! Multi-unit family home for sale! Property is located by Lincoln St. Long term tenants, who are tenants at will and would love to stay in their units but are also willing to relocate if necessary. There are three storage rooms in the basement for each unit individual storage area. Each unit includes 3 bedrooms and 1 full bathroom. Water tanks rented on a month to month basis. Parking included on the side of property.

Last Agent to Sell the Property

Mylinh Phan

Coldwell Banker Realty - Northborough Listed on: 02/23/2022

Coldwell Banker Realty - Northborough

Last Buyer's Agent

Simone Schettino

Century 21 North East

Century 21 North East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,011

Year Built

  • Built in 1890

Lot Details

  • 8,276

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction

Interior Spaces

  • 4,163 Sq Ft Home
  • Wood Flooring
  • Dirt Floor

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Utilities

  • Heating Available
  • 100 Amp Service
  • Water Heater

Additional Features

  • Porch
  • 8,276 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Total Actual Rent $3,334
  • Legal Lot and Block 00022 / 010
  • Assessor Parcel Number 1770880

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Building Details

  • Net Operating Income $40,008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,011

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1890
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood, Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Amenities: Unit 1(Storage), Unit 2(Ceiling Fans), Unit 3(Ceiling Fans), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Wall Oven,Refrigerator), Unit 2(Wall Oven,Refrigerator), Unit 3(Wall Oven,Refrigerator), Tank Water Heater
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Dirt Floor
  • Living Area: 4163
  • Stories Total: 6
  • MAIN LO: K95587
  • MAIN SO: AN4339

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Electric Baseboard), Unit 2(Electric Baseboard), Unit 3(Electric Baseboard)
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access

Lot Info

  • Parcel Number: 1770880
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.4
  • Lot Size Units: Acres
  • LOT SIZE: 8276

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6010.99
  • Tax Block: 010
  • Tax Lot: 00022

Multi Family

  • Net Operating Income: 40008
  • Number Of Units Total: 3
  • Total Actual Rent: 3334
  • LEVELS 1: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2022
Closed on
Apr 19, 2022
Sold by
Nguyen Hoang D
Bought by
Fernandes Wilson I
Seller's Agent
Mylinh Phan
Coldwell Banker Realty - Northborough
Buyer's Agent
Simone Schettino
Century 21 North East
List Price
$484,000
Sold Price
$500,000
Premium/Discount to List
$16,000
3.31%
Current Estimated Value
$697,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,212
Avg. Annual Appreciation
9.40%
Original Mortgage
$375,000
Outstanding Balance
$349,090
Interest Rate
3.76%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$348,122

Purchase Details

Closed on
Oct 12, 2021
Sold by
Tran Vien H and Tran Hang T
Bought by
Nguyen Hoang D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2005
Sold by
Schulman Randy W and Schulman Randy
Bought by
Tran Hang T and Tran Vien H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 1993
Sold by
Fnma
Bought by
Schulman Randy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,000
Interest Rate
7.73%

Purchase Details

Closed on
Jun 1, 1992
Sold by
Carpenter George
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 21, 1990
Sold by
Cabot Antonia R
Bought by
Boisseau Denise M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fernandes Wilson I $500,000 None Available
Nguyen Hoang D $320,000 None Available
Tran Hang T $260,000 --
Tran Hang T $260,000 --
Schulman Randy W $59,900 --
Federal National Mortgage Association $85,500 --
Boisseau Denise M $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fernandes Wilson I $375,000
Previous Owner Nguyen Hoang D $256,000
Previous Owner Tran Hang T $208,000
Previous Owner Boisseau Denise M $55,100
Previous Owner Boisseau Denise M $18,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2022 04/19/22 Sold $500,000 +3.3% $120 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
02/23/2022 02/23/22 For Sale $484,000 -- $116 / 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 $7,819 $592,800 $97,900 $494,900
2024 $7,228 $525,700 $97,900 $427,800
2023 $6,913 $482,100 $85,100 $397,000
2022 $6,011 $395,200 $68,100 $327,100
2021 $5,356 $329,000 $54,500 $274,500
2020 $4,437 $261,000 $54,100 $206,900
2019 $4,406 $244,800 $47,200 $197,600
2018 $4,317 $228,300 $47,200 $181,100
2017 $4,061 $211,300 $47,200 $164,100
2016 $3,831 $185,900 $33,500 $152,400
2015 $3,731 $185,900 $33,500 $152,400
2014 $3,632 $185,900 $33,500 $152,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72945319

MLS Property Information Network (MLS PIN)

APN: WORC-000009-000010-000022