NOT LISTED FOR SALE

Estimated Value: $737,925

12 Beds
6 Baths
9,156 Sq Ft
$81/Sq Ft Est. Value

Last Sold September 07, 2016

Last sale price $390,000 $43 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,593/month

34 Days on Market

About This Home

As of September 2016

Well maintained mixed use property. This building consists of 2 commercial store fronts on the first floor and 4 modern and updated 3 bedroom apartments on the 2nd and 3rd floors. The apartments have been completely renovated and have separate utilities, lead compliance letters, pressure treated rear porches, modern kitchens and baths, updated electrical and heating systems.Apartments all have washer and dryer hookups in the units. Good cash flow, tenants pay their own utilities. Great turn key investment opportunity. This property can be purchased as a package with MLS # 71961058

Last Agent to Sell the Property

Aldo Giella

Coldwell Banker Realty - Western MA Listed on: 04/29/2016

Coldwell Banker Realty - Western MA

Last Buyer's Agent

Natasha Quiles

Real Estate Keys

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Shared Drive
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Certified Treated
  • Insc: 3821
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 21
  • Amenities: Public Transportation, Shopping, Park, Public School
  • Electric: Circuit Breakers, Individually Metered
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Tile, Wall to Wall Carpet, Vinyl / VTC
  • Basement: Full
  • Total Levels: 5

Exterior Features

  • Roof: Rubber
  • Construction: Frame, Brick
  • Exterior: Brick
  • Exterior Features: Porch
  • Foundation: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 6

Utilities

  • Heat Zones: 6
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric: 235

Condo/Co-op/Association

  • Total Units: 6

Lot Info

  • Zoning: business A

Multi Family

  • APOD Available: Yes
  • Expenses Year End: 12/16
  • Heat Units: 6
  • Total Bedrooms: 12
  • Total Floors: 11
  • Total Full Baths: 4
  • Total Half Baths: 2
  • Total Levels: 3
  • Total Rms: 22
  • Total Rent_1: 4905

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2016
Closed on
Sep 7, 2016
Sold by
Edgeland Partners Llp
Bought by
Quiles Natasha M and Quiles Hector R
Seller's Agent
Aldo Giella
Coldwell Banker Realty - Western MA
Buyer's Agent
Natasha Quiles
Real Estate Keys
List Price
$425,000
Sold Price
$390,000
Premium/Discount to List
-$35,000
-8.24%
Current Estimated Value
$737,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,925
Avg. Annual Appreciation
7.08%
Original Mortgage
$300,000
Outstanding Balance
$190,253
Interest Rate
3.48%
Mortgage Type
Commercial
Estimated Equity
$547,672

Purchase Details

Closed on
Feb 20, 2008
Sold by
Northeast Nt
Bought by
Edgeland Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 2004
Sold by
Saremi Llp and Saremi Deborah K
Bought by
Northeast Nt and Bennett Duane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 4, 2003
Sold by
Silktree Properties In
Bought by
Saremi Llp and Saremi Deborah K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 1992
Sold by
Plemonde Roger A and Stern Peter M
Bought by
Silktree Prop Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Quiles Natasha M $390,000 --
Edgeland Partners Llc $360,000 --
Northeast Nt $205,000 --
Saremi Llp $105,000 --
Silktree Prop Inc $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quiles Natasha M $300,000
Previous Owner Edgeland Partners Llc $252,000
Previous Owner Northeast Nt $200,000
Previous Owner Saremi Llp $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/07/2016 09/07/16 Sold $390,000 -8.2% $43 / Sq Ft
06/02/2016 06/02/16 Pending -- -- --
04/29/2016 04/29/16 For Sale $425,000 -- $46 / 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 -- $497,100 $98,900 $398,200
2024 -- $482,400 $96,900 $385,500
2023 $0 $438,900 $88,100 $350,800
2022 $0 $376,900 $76,700 $300,200
2021 $0 $420,100 $85,100 $335,000
2020 $3,459 $420,100 $85,100 $335,000
2019 $0 $400,300 $81,100 $319,200
2018 $0 $380,600 $77,200 $303,400
2017 $0 $437,300 $76,700 $360,600
2016 -- $437,400 $76,700 $360,700
2015 -- $437,400 $76,700 $360,700
2014 -- $437,400 $76,700 $360,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71996657

MLS Property Information Network (MLS PIN)

APN: CHIC-000125-000000-000009