NOT LISTED FOR SALE

16 Larrabee Ave Framingham, MA 01702

Estimated Value: $897,000 - $1,004,000

8 Beds
5 Baths
4,546 Sq Ft
$211/Sq Ft Est. Value

Sale Details

Date Sold: October 3, 2024

Last sale price $1,001,000 $220 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $6,037 / mo

2 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Wood Flooring
  • Community Stables
  • Property is near public transit and schools
  • 5-minute walk to Roosevelt Park

About This Home

As of October 2024

1st time available, owner occupied by the same family who built these 2 properties many years ago. Quality construction, has stood the test of time for many generations. Total of 5 units between 2 buildings. # 16 is a Huge Triple Decker, all units have same floor plan. On each floor there are 2 good size bedrooms, 1 bath, Big eat in kitchen, Livingroom, large hall storage room, hardwood floors, high ceilings. Some updated cabinets, counters, and appliances. Rents incl. heat & hot water. Updated gas heating system, 75 gal. hot water tank (2021), separate circuit breakers for each apartment. The 2nd building, Apts. #18 Larrabee and 9 Wilde Ave. are 2, two room studios, tenants pay gas heat & hot water, electricity. (2 hw heater rentals, $45.47 per month. Roofs of mixed age, Vinyl siding, Off street parking, 10 car. Current rents are well below fair market. Walk to Train, Restaurants, bakery and market. West side, close to Ashland. Fast access to MA Pike, Route 9, 495 and shopping,

Last Agent to Sell the Property

Matthew Cuddy

CUDDY Real Estate Listed on: 08/12/2024

Last Buyer's Agent

Matthew Cuddy

CUDDY Real Estate Listed on: 08/12/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,869

Year Built

  • Built in 1930

Lot Details

  • 8,015 Sq Ft Lot
  • Fenced
  • Level Lot
  • Irregular Lot
  • Garden

Home Design

  • Manufactured Home on a slab
  • Frame Construction
  • Shingle Roof
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,546 Sq Ft Home
  • Insulated Windows
  • Living Room
  • Storage
  • Range

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Parking

  • 10 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Utilities

  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • Individual Controls for Heating
  • Heating System Uses Steam
  • Separate Meters

Additional Features

  • Porch
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $4,890
  • Rent includes unit 1(heat water hot water), unit 2(heat water hot water), unit 3(heat water hot water), unit 4(water none)
  • Assessor Parcel Number M:133 B:44 L:5404 U:000,492402

Community Details

Overview

  • 5 Units
  • Near Conservation Area
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Community Stables
  • Jogging Path
  • Bike Trail

Building Details

  • Insurance Expense $5,725
  • Water Sewer Expense $3,170
  • Operating Expense $11,300
  • Net Operating Income $47,380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,869

Year Built

Built in 1930

Lot Details

8,015 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1930
  • Year Built Details: Approximate,Unknown/Mixed
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Compensation Offered but Not in MLS
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: Other
  • Special Features: None
  • Stories: 8

Interior Features

  • Flooring: Vinyl, Carpet, Varies, Hardwood
  • Interior Amenities: Storage, Upgraded Cabinets, Bathroom With Tub & Shower, Bathroom with Shower Stall, Living Room, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Refrigerator, Washer, Dryer
  • Total Bedrooms: 8
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Full, Interior Entry, Unfinished
  • Living Area: 4546
  • Spa YN: No
  • Stories Total: 8
  • Window Features: Insulated Windows
  • MAIN LO: AN6294
  • MAIN SO: AN6294

Exterior Features

  • Exterior Features: Garden
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Concrete Perimeter, Slab, Irregular
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle, Rubber
  • Waterfront Features: Beach Front, Lake/Pond, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Assigned, Paved
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, Varies per Unit
  • Heating: Steam, Natural Gas, Common, Unit Control
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • Hot Water: Natural Gas, Tank, Leased Heater, Varies Per Unit

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Stable(s), Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University, Other
  • Rent Includes: Unit 1(Heat,Water,Hot Water), Unit 2(Heat,Water,Hot Water), Unit 3(Heat,Water,Hot Water), Unit 4(Water,None)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 3170

Lot Info

  • Parcel Number: M:133 B:44 L:5404 U:000,492402
  • Zoning: B
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.18
  • Lot Size Sq Ft: 8015
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 10869

Multi Family

  • Insurance Expense: 5725
  • Net Operating Income: 47380
  • Number Of Units Total: 5
  • Operating Expense: 11300
  • Total Actual Rent: 4890
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2024
Closed on
Oct 3, 2024
Sold by
Demauro Nt and Demauro
Bought by
Filho Paulo S and Sardinha Fabiana B
Seller's Agent
Matthew Cuddy
CUDDY Real Estate
Buyer's Agent
Matthew Cuddy
CUDDY Real Estate
List Price
$895,000
Sold Price
$1,001,000
Premium/Discount to List
$106,000
11.84%
Views
14
Current Estimated Value
$959,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,712
Avg. Annual Appreciation
-2.61%
Original Mortgage
$675,000
Outstanding Balance
$668,050
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$291,238

Purchase Details

Closed on
Jun 29, 2017
Sold by
Demauro Mary Est and Demauro
Bought by
Demauro Nt and Demauro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 1982
Bought by
Demauro Mary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Filho Paulo S $1,001,000 None Available
Filho Paulo S $1,001,000 None Available
Filho Paulo S $1,001,000 None Available
Demauro Nt $350,000 --
Demauro Nt $350,000 --
Demauro Mary -- --
Demauro Nt $350,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Filho Paulo S $675,000
Closed Filho Paulo S $675,000
Previous Owner Demauro Nt $233,000
Previous Owner Demauro Mary $20,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2024 10/03/24 Sold $1,001,000 +11.8% $220 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
08/12/2024 08/12/24 For Sale $895,000 -- $197 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $10,986 $920,100 $202,000 $718,100
2024 $10,869 $872,300 $179,700 $692,600
2023 $8,402 $641,900 $160,500 $481,400
2022 $7,872 $572,900 $145,600 $427,300
2021 $7,647 $544,300 $139,900 $404,400
2020 $7,372 $492,100 $121,900 $370,200
2019 $7,039 $457,700 $116,200 $341,500
2018 $6,797 $416,500 $108,200 $308,300
2017 $6,263 $374,800 $104,100 $270,700
2016 $5,897 $339,300 $98,500 $240,800
2015 $6,009 $337,200 $99,000 $238,200
Source: Public Records

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73276659

MLS Property Information Network (MLS PIN)

APN: FRAM-000133-000044-005404

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