Seller's Agent in 2018
Doug Tammelin
Coldwell Banker Realty - Leominster
(978) 514-3423
172 Total Sales
14 Cottage St Leominster, MA 01453
Estimated Value: $533,000 - $579,000
6
Beds
3
Baths
2,520
Sq Ft
$222/Sq Ft
Est. Value
About This Home
As of January 2018Family owned for 32 years, great location for this 3 family close to downtown Leominster. Long-term Renters in the 1st and 2nd floor, the 3rd floor needs to be renovated. 2nd floor is full deleading compliant. Bring your ideas to this sought after multi family and add this to your investments! Fully rented this will return an 8% cap. rate.
Last Agent to Sell the Property
Coldwell Banker Realty - Leominster Listed on: 11/28/2017
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$5,907
Year Built
1900
Lot Details
0
Listing Details
- Lot Description: Corner
- Property Type: Multi-family
- Other Agent: 1.00
- Lead Paint: Certified Treated
- Insc: 1952
- Year Built Description: Actual
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1900
Interior Features
- Has Basement: Yes
- Number of Rooms: 14
- Amenities: Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, Private School, Public School, T-Station
- Electric: 100 Amps
- Energy: Insulated Windows, Insulated Doors
- Flooring: Wall to Wall Carpet
- Basement: Full
- Full Bathrooms: 3
- Total Levels: 2
- Main Lo: K95001
- Main So: BB8079
- Estimated Sq Ft: 2520.00
Exterior Features
- Construction: Frame
- Exterior: Vinyl
- Foundation: Fieldstone
Garage/Parking
- Parking: Off-Street
- Parking Spaces: 3
Utilities
- Hot Water: Natural Gas
- Utility Connections: for Electric Oven
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Total Units: 3
Lot Info
- Zoning: RC
- Acre: 0.04
- Lot Size: 1627.00
Multi Family
- APOD Available: Yes
- Expenses Year End: 12/16
- Total Bedrooms: 6
- Total Floors: 3
- Total Full Baths: 3
- Total Levels: 3
- Total Rms: 14
- Total Rent_1: 945
- Multi Family Type: 3 Family - 3 Units Up/Down
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 28, 2017
Closed on
Jan 5, 2018
Sold by
Cs Rt
Bought by
Limone Properties Llc
Seller's Agent
Doug Tammelin
Coldwell Banker Realty - Leominster
Buyer's Agent
Spencer Fortwengler
OWN IT
List Price
$289,000
Sold Price
$150,640
Premium/Discount to List
-$138,360
-47.88%
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
$390,693
Avg. Annual Appreciation
18.81%
Original Mortgage
$550,000
Outstanding Balance
$466,057
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$93,943
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Limone Properties Llc | $144,286 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Limone Properties Llc | $550,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/05/2018 01/05/18 | Sold | $150,640 | -47.9% | $60 / Sq Ft |
| 12/06/2017 12/06/17 | Pending | -- | -- | -- |
| 11/28/2017 11/28/17 | For Sale | $289,000 | -- | $115 / 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 | $5,907 | $421,000 | $102,800 | $318,200 |
| 2024 | $5,377 | $370,600 | $97,900 | $272,700 |
| 2023 | $5,102 | $328,300 | $85,100 | $243,200 |
| 2022 | $4,688 | $283,100 | $74,000 | $209,100 |
| 2021 | $4,596 | $253,500 | $57,600 | $195,900 |
| 2020 | $4,010 | $223,000 | $57,600 | $165,400 |
| 2019 | $4,149 | $223,800 | $54,800 | $169,000 |
| 2018 | $3,909 | $202,200 | $53,200 | $149,000 |
| 2017 | $3,360 | $170,300 | $49,800 | $120,500 |
| 2016 | $3,125 | $159,600 | $49,800 | $109,800 |
| 2015 | $3,103 | $159,600 | $49,800 | $109,800 |
| 2014 | $2,913 | $154,200 | $49,700 | $104,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2018
Spencer Fortwengler
OWN IT
(508) 410-1781
205 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 72258969
APN: LEOM-000009-000004
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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