NOT LISTED FOR SALE

Estimated Value: $1,083,000

10 Beds
12 Baths
10,000 Sq Ft
$108/Sq Ft Est. Value

Last Sold December 20, 2021

Last sale price $800,000 $80 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $6,545/month

66 Days on Market

About This Home

As of December 2021

NOW SCHEDULING APPOINTMENTS TO VIEW. Accompanied showings only.! Investors TURN KEY OPPORTUNITY. 12 units all under one roof! Building is sprinklered and all apartments are currently leased as tenant at will. Hallways and common areas are all sprinklered. Third floor is ready for full remodel as apartment units (6) and/or can be leased as a commercial use or storage area. There is a freight elevator in building. The existing 10 residential 1 bedroom units have strong rental history & are ALL currently occupied. Building has an intercom latch release security in place and there is a driveway on side of building. Building is monitored with fire panel and sprinkler system. Property expenses include taxes, utilities and maintenance as needed. Income does not reflect coin operated washer/dryers.Refrigerators and stoves included in sale.First floor retail is vacant and so is third floor. GRI includes potential rental for both of these vacant spaces " MUST SEE INTERIOR TO APPRECIATE.

Last Agent to Sell the Property

Ronald Oliveira

RE/MAX Vantage Listed on: 07/20/2021

RE/MAX Vantage

Last Buyer's Agent

Ronald Oliveira

RE/MAX Vantage Listed on: 07/20/2021

RE/MAX Vantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,295

Year Built

  • 1900

Lot Details

  • 6,098

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,295

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Use GPS
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Actual,Renovated Since
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Other, Gas Water Heater
  • Has Basement: Full
  • Total Bathrooms: 11
  • MAIN LO: AN3217
  • LIST PRICE PER Sq Ft: 98.99
  • PRICE PER Sq Ft: 80
  • MAIN SO: AN3217
  • Full Bathrooms: 10
  • Half Bathrooms: 2
  • Total Bedrooms: 10
  • Fireplace: No
  • Interior Amenities: Other, Other (See Remarks)
  • Stories: 5

Exterior Features

  • Roof: Rubber
  • Foundation Details: Block
  • View: City View(s)
  • Disclosures: All Units Are On Gross Rents And Include Electric And Heat. Coin Operated Washer And Dryer Units Available For Tenant Use.
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved
  • Open Parking: Yes

Utilities

  • Electric: 220 Volts, Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Annual Water Sewer Expense: 4000

Lot Info

  • LOT SIZE: 5968
  • PAGE: 346
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 6098.4
  • Zoning: A-3

Multi Family

  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 1
  • FLRS 3: 1
  • FLRS 2: 1
  • Electric Expense: 12000
  • Annual Gross Income: 132000
  • Insurance Expense: 7000
  • Property Net Operating Income: 100500
  • Number Of Units Total: 12
  • Annual Operating Expense: 31500
  • Total Actual Rent: 8000

Tax Info

  • Tax Annual Amount: 9637.43
  • Tax Book Number: 8355
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Dec 20, 2021
Sold by
Medeiros Jason
Bought by
Mass 1 Llc
Seller's Agent
Ronald Oliveira
RE/MAX Vantage
Buyer's Agent
Ronald Oliveira
RE/MAX Vantage
List Price
$989,900
Sold Price
$800,000
Premium/Discount to List
-$189,900
-19.18%
Current Estimated Value
$1,083,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,000
Avg. Annual Appreciation
10.98%
Original Mortgage
$900,000
Outstanding Balance
$836,013
Interest Rate
3.09%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$344,987

Purchase Details

Listed on
Feb 24, 2013
Closed on
Oct 29, 2013
Sold by
Classy Concept Inc
Bought by
Medeiros Jason
Seller's Agent
Mark Gendreau
United Realty Express - Raynham
Buyer's Agent
Ryan Rego
Amaral & Associates RE
List Price
$579,000
Sold Price
$470,000
Premium/Discount to List
-$109,000
-18.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%
Original Mortgage
$415,000
Interest Rate
4.56%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 18, 1994
Sold by
Fourteen School St Cor
Bought by
Amiot True Value Hardw

Purchase Details

Closed on
Nov 12, 1993
Sold by
Phillips Rlty Corp
Bought by
14 School St Corp

Purchase Details

Closed on
Jul 7, 1988
Sold by
Coe Leslie
Bought by
Phillips Realty Corp
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
Mass 1 Llc $800,000 None Available
Medeiros Jason $470,000 --
Amiot True Value Hardw $80,000 --
Amiot True Value Hardw $80,000 --
14 School St Corp $166,000 --
14 School St Corp $166,000 --
Phillips Realty Corp $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mass 1 Llc $900,000
Closed Mass 1 Llc $900,000
Previous Owner Medeiros Jason $415,000
Previous Owner Classy Concepts Inc $350,000
Previous Owner Phillips Realty Corp $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2021 12/20/21 Sold $800,000 -19.2% $80 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $989,900 +110.6% $99 / Sq Ft
10/28/2013 10/28/13 Sold $470,000 -18.8% $47 / Sq Ft
09/28/2013 09/28/13 Pending -- -- --
02/24/2013 02/24/13 For Sale $579,000 -- $58 / 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 $9,295 $875,200 $180,000 $695,200
2024 $9,295 $809,000 $180,000 $629,000
2023 $0 $764,400 $159,000 $605,400
2022 $0 $840,710 $82,100 $758,610
2021 $0 $696,850 $78,100 $618,750
2020 $9,972 $636,700 $76,900 $559,800
2019 $7,017 $597,090 $74,100 $522,990
2018 -- $451,720 $80,200 $371,520
2017 -- $448,020 $76,500 $371,520
2016 -- $452,920 $81,400 $371,520
2015 $5,872 $452,920 $81,400 $371,520
2014 $5,872 $528,820 $79,000 $449,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72868219

MLS Property Information Network (MLS PIN)

APN: FALL-000012K-000000-000003