$177,000
SOLD JAN 28, 2022

1594 N Main St Unit 1596 Palmer, MA 01069

4 Beds
2 Baths
2,532 Sq Ft
0.31 Acres

Recently Sold

$70 Per Sq Ft

6% Below List Price

23 Days on Market

About This Home

As of June 2023

INVESTORS TAKE NOTICE of this great investment opportunity. This large two family property needs a lot of work but has huge potential. So much original charm with beautiful woodwork, built-ins, and hardwood floors. Perfect for investors or owner occupants - upstairs unit is (almost) move-in ready, work on and rent out the other. Replacement windows throughout. Each unit has 2 bedrooms, kitchen with pantry, large dining room with beautiful built in cabinet, living room and bath with claw foot tub. There is a large walk-up attic with plenty of storage and usable space. Full basement. Separate utilities. Two story barn offers space for workshop, equipment and storage. Backyard with outdoor stone fireplace. Downtown location, convenient access to Pike, Springfield and Worcester. Being sold AS-IS. Knob and tube wiring. Property condition will limit financing options. Cash or rehab loan likely best options.

Last Agent to Sell the Property

Stephanie Bayliss

MA Homes, LLC Listed on: 11/21/2021

Last Buyer's Agent

Kempf-Vanderburgh Realty Consultants

Kempf-Vanderburgh Realty Consultants, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,127

Year Built

  • 1930

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,127

Year Built

1930

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: across from Rocky's Hardware
  • Garage Yn: No
  • Road Frontage Type: Public
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1930

Interior Features

  • Has Basement: Full, Interior Entry
  • Total Bathrooms: 2
  • MAIN LO: AN1336
  • LIST PRICE PER Sq Ft: 74.64
  • PRICE PER Sq Ft: 69.91
  • MAIN SO: AN1090
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: No
  • Flooring: Vinyl,Hardwood, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Pantry,Bathroom With Tub), Unit 2(Pantry,Bathroom With Tub), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Stories: 3
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Shingle
  • Exterior Features: Rain Gutters, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Foundation Details: Concrete Perimeter
  • Lot Features: Gentle Sloping, Level
  • Other Structures: Barn/Stable
  • Patio And Porch Features: Porch
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street
  • Total Parking Spaces: 6

Utilities

  • Heating: Unit 1(Oil,Pellet Stove), Unit 2(Oil)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • LOT SIZE: 13500
  • PAGE: 181
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 13503.6
  • Zoning: -

Multi Family

  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3849
  • Tax Book Number: 13871
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
Jun 20, 2023
Sold by
Citadel Projects Llc
Bought by
Dancy Keshaun
Seller's Agent
Kempf-Vanderburgh Realty Consultants
Kempf-Vanderburgh Realty Consultants, Inc.
Buyer's Agent
Andrea DeRose
NextHome Elite Realty
List Price
$299,999
Sold Price
$335,000
Premium/Discount to List
$35,001
11.67%
Views
211
Current Estimated Value
$404,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,384
Avg. Annual Appreciation
8.27%
Original Mortgage
$328,932
Interest Rate
6.39%
Mortgage Type
FHA

Purchase Details

Listed on
Nov 21, 2021
Closed on
Jan 28, 2022
Sold by
Lokii-Braese J Danusia
Bought by
Citadel Projects Llc
Seller's Agent
Stephanie Bayliss
MA Homes, LLC
Buyer's Agent
Kempf-Vanderburgh Realty Consultants
Kempf-Vanderburgh Realty Consultants, Inc.
List Price
$189,000
Sold Price
$177,000
Premium/Discount to List
-$12,000
-6.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.25%
Original Mortgage
$209,900
Interest Rate
3.22%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $335,000 None Available
Warranty Deed $335,000 None Available
Warranty Deed $177,000 None Available
Warranty Deed $177,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $342,897 FHA
Closed $328,932 FHA
Previous Owner $200,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $209,900 Purchase Money Mortgage
Previous Owner $132,500 Stand Alone Refi Refinance Of Original Loan
Previous Owner $128,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $335,000 +11.7% $132 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $299,999 +69.5% $118 / Sq Ft
01/28/2022 01/28/22 Sold $177,000 -6.3% $70 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
11/21/2021 11/21/21 For Sale $189,000 -- $75 / 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 $6,127 $337,600 $54,000 $283,600
2024 $5,715 $306,100 $49,100 $257,000
2023 $3,750 $192,900 $49,100 $143,800
2022 $4,227 $197,500 $43,100 $154,400
2021 $3,849 $170,100 $47,700 $122,400
2020 $3,723 $163,300 $47,700 $115,600
2019 $3,615 $163,300 $47,700 $115,600
2018 $3,539 $160,300 $46,300 $114,000
2017 $3,458 $160,300 $46,300 $114,000
2016 $3,514 $165,200 $45,000 $120,200
2015 $3,408 $165,200 $45,000 $120,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72922212

MLS Property Information Network (MLS PIN)

APN: PALM-000060-000000-000134