NOT LISTED FOR SALE

Estimated Value: $546,493 - $638,000

6 Beds
2 Baths
2,546 Sq Ft
$237/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $575,000 $226 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,947/month

5 Days on Market

Highlights

  • 2 Fireplaces
  • 2 Car Garage
  • Level Lot
  • Enclosed patio or porch

About This Home

As of October 2023

MULTIPLE OFFERS: PLEASE SUBMIT HIGHEST AND BEST BY 8 PM 9/22/23.Well cared for two family property right next to WPI campus. Character laden with original details and ready to generate you income! Fully leased. Each unit offers 3 bedrooms and 1 full bath. Tenants pay for all utilities currently. Offering hardwood floors and spacious eat in kitchen and large bedrooms. Two bay garage out back for storage use. Off street parking for 4. Amazing location, walk to WPI, close to highway access and close to all major amenities! Seller also selling separately: 152 West St. across the street, see MLS# 73161024

Last Agent to Sell the Property

The Riel Estate Team

Keller Williams Pinnacle Central Listed on: 09/19/2023

Keller Williams Pinnacle Central

Co-Listed By

Nathan Riel

Keller Williams Pinnacle Central

Last Buyer's Agent

The Riel Estate Team

Keller Williams Pinnacle Central Listed on: 09/19/2023

Keller Williams Pinnacle Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,052

Year Built

  • Built in 1924

Lot Details

  • 6,750 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Stone Foundation

Interior Spaces

  • 2,546 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Enclosed patio or porch

Utilities

  • No Cooling
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $3,575
  • Rent includes unit 1(none), unit 2(none)
  • Assessor Parcel Number M:02 B:037 L:00042,1763317

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $207
  • Insurance Expense $3,661
  • Operating Expense $3,868
  • Net Operating Income $39,032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,052

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1924
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans,Pantry), Unit 2(Ceiling Fans,Pantry)
  • Fireplace YN: Yes
  • Fireplaces: 2
  • Total Bedrooms: 6
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Unfinished
  • Living Area: 2546
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN8160
  • LIST PRICE PER Sq Ft: 216.03
  • PRICE PER Sq Ft: 225.84
  • MAIN SO: AN8160

Exterior Features

  • Exterior Features: Porch,Porch - Enclosed
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed
  • Waterfront Features: Beach Front
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Cooling Y N: No
  • Electric: Circuit Breakers, Individually Metered
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 1(None), Unit 2(None)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:02 B:037 L:00042,1763317
  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6750
  • Lot Size Units: Acres
  • PAGE: 314
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5052
  • Tax Book Number: 36849

Multi Family

  • Electric Expense: 207
  • Gross Income: 42900
  • Insurance Expense: 3661
  • Net Operating Income: 39032
  • Number Of Units Total: 2
  • Operating Expense: 3868
  • Total Actual Rent: 3575
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2005
Sold by
Anne M Leamy T and Bank Of America
Bought by
Collis & Curran Inc
Current Estimated Value
$604,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$160,797
Interest Rate
5.59%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$428,200
Source: Public Records

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Range of Values:

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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
Collis & Curran Inc $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collis & Curran Inc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2023 10/18/23 Sold $575,000 +4.5% $226 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
09/19/2023 09/19/23 For Sale $550,000 -- $216 / 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 $7,479 $567,000 $95,600 $471,400
2024 $5,397 $392,500 $95,600 $296,900
2023 $5,052 $352,300 $83,100 $269,200
2022 $4,662 $306,500 $66,500 $240,000
2021 $4,065 $249,700 $53,200 $196,500
2020 $3,835 $225,600 $52,800 $172,800
2019 $3,827 $212,600 $46,100 $166,500
2018 $3,763 $199,000 $46,100 $152,900
2017 $3,604 $187,500 $46,100 $141,400
2016 $3,545 $172,000 $32,900 $139,100
2015 $3,452 $172,000 $32,900 $139,100
2014 $3,361 $172,000 $32,900 $139,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73161025

MLS Property Information Network (MLS PIN)

APN: WORC-000002-000037-000042