NOT LISTED FOR SALE

148 Main St Rowley, MA 01969

Estimated Value: $573,000 - $882,000

5 Beds
5 Baths
3,530 Sq Ft
$214/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $510,000 $144 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,932/month

55 Days on Market

About This Home

As of November 2021

Don’t miss out on this amazing investment opportunity to build instant equity! Looking to combine households? Have the parents/ grandparents / siblings under the same roof? You can do it here. Or looking for a terrific rental opportunity? Check. Side by side units, a true duplex. Both units have living room, dining room/area, eat in kitchen & bathrooms on both first & second floors (tub only in one full bath). 2 bedrooms and an office in one unit, 3 bedrooms and an office in the other unit. NEW 5 Bedroom septic just installed this month. Nice fenced in yard. Natural Gas Heat! Newer HWH on both sides. Full basement. Separate utilities. One Car detached garage. There is a ton of potential here. Owner-occupied or used as a rental. Location! Location! Location! across from Town Common, Library, Town Hall & Downtown. Home is in need of work inside and out. Being sold As-Is.

Last Listed By

John McCarthy

Rowley Realty Listed on: 05/20/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,879

Year Built

  • 1917

Lot Details

  • 1.5

Additional Features

  • Property has 2 Levels
  • 2 Heating Zones

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,879

Year Built

1917

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Near Town Common, Library and Town Hall
  • Garage Yn: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1917

Interior Features

  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator,Washer,Dryer), Gas Water Heater
  • Has Basement: Full, Interior Entry, Bulkhead, Concrete
  • Fireplace Features: Unit 1(Fireplace - Wood burning)
  • Total Bathrooms: 4
  • MAIN LO: C91600
  • LIST PRICE PER Sq Ft: 158.64
  • PRICE PER Sq Ft: 144.48
  • MAIN SO: C91600
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood, Unit 1(undefined)
  • Interior Amenities: Unit 1(Ceiling Fans,Bathroom with Shower Stall), Unit 1 Rooms(Dining Room,Kitchen,Living RM/Dining RM Combo,Office/Den), Unit 2 Rooms(Living Room,Dining Room,Kitchen,Other (See Remarks))
  • Stories: 4

Exterior Features

  • Roof: Shingle
  • Foundation Details: Stone
  • Construction Type: Frame
  • Disclosures: Separate Natural Gas Heating Systems (One Zone Each) And Electric. Water Isn't Metered Separately. Active Roof Leak.
  • Fencing: Fenced
  • Home Warranty: No
  • Lot Features: Wooded
  • Patio And Porch Features: Enclosed
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas)
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0
  • Cooling Y N: No
  • Electric: 100 Amp Service
  • Heating Yn: Yes
  • Laundry Features: Unit 2 Laundry Room
  • Sewer: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
  • Senior Community: No

Schools

  • Elementary School: Pine Grove
  • High School: Triton
  • Middle Or Junior School: Triton

Lot Info

  • LOT SIZE: 65284
  • PAGE: 6
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 65340
  • Zoning: CENT/HIST

Multi Family

  • LEVELS 1: 2
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 1
  • Annual Gross Income: 54000
  • Property Net Operating Income: 54000
  • Number Of Units Total: 2
  • Total Actual Rent: 4500

Tax Info

  • Tax Annual Amount: 7898.53
  • Tax Block: 29
  • Tax Book Number: 8407
  • Tax Map Number: 25
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2014
Sold by
Edwards Ret and Edwards Nancy D
Bought by
Edward Ret and Edwards Nancy D
Total Days on Market
55
Current Estimated Value
$755,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Outstanding Balance
$459,371
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$296,597

Purchase Details

Closed on
Jul 24, 2012
Sold by
Edwards Nancy D
Bought by
Edwards Ret

Purchase Details

Closed on
Jul 24, 1986
Bought by
Edward Ret

Range of Values:

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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
Edward Ret -- --
Edwards Ret -- --
Edward Ret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edward Ret $625,500
Previous Owner Edward Ret $115,000
Previous Owner Edward Ret $12,000
Previous Owner Edward Ret $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $510,000 -8.9% $144 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
06/21/2021 06/21/21 Price Changed $560,000 -6.7% $159 / Sq Ft
06/08/2021 06/08/21 Price Changed $599,900 -4.8% $170 / Sq Ft
05/20/2021 05/20/21 For Sale $629,900 -- $178 / 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 $8,879 $754,400 $285,700 $468,700
2024 $8,786 $726,100 $272,100 $454,000
2023 $8,031 $616,800 $236,400 $380,400
2022 $7,870 $538,300 $202,000 $336,300
2021 $7,668 $492,200 $176,500 $315,700
2020 $7,404 $475,200 $168,300 $306,900
2019 $6,760 $460,500 $168,300 $292,200
2018 $6,457 $442,900 $168,300 $274,600
2017 $6,263 $442,900 $168,300 $274,600
2016 $5,991 $417,200 $139,700 $277,500
2015 $5,732 $402,500 $139,700 $262,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72835213

MLS Property Information Network (MLS PIN)

APN: ROWL-000025-000029