NOT LISTED FOR SALE

162 Everett St Southbridge, MA 01550

Estimated Value: $257,000 - $373,487

2 Beds
2 Baths
2,259 Sq Ft
$136/Sq Ft Est. Value

Last Sold August 28, 2023

Last sale price $230,000 $102 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,004/month

8 Days on Market

Highlights

  • Cooling Available
  • Dining Room
  • Heating System Uses Steam
  • Living Room
  • 2 Car Garage
  • Level Lot

About This Home

As of August 2023

Investors take notice! This 2-family in Southbridge is a great addition to any investment portfolio or great for an owner-occupant. Each unit has large bedrooms and living rooms and in-unit laundry. Unit 2 has plenty of storage space in the kitchen closets and access to walk-up attic leaving room for potential future expansion. Great sized backyard as well as off-street parking and a 2-car garage with electricity that can be rented for additional income (currently rented for $100/month). The roof is less than 10 years old. Below market rents leave room for improvement to maximize cash flow. This investment is a no-brainer!

Last Agent to Sell the Property

James Black

Real Broker MA, LLC Listed on: 07/12/2023

Real Broker MA, LLC

Last Buyer's Agent

Julia Quill

Mathieu Newton Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,473

Year Built

  • Built in 1900

Lot Details

  • 7,287 Sq Ft Lot
  • Level Lot
  • Cleared Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Duplex
  • Stone Foundation

Interior Spaces

  • 2,259 Sq Ft Home
  • Property has 1 Level
  • Living Room
  • Dining Room
  • Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

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

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas
  • Heating System Uses Steam

Community Details

  • 2 Units
  • Net Operating Income $19,800

Listing and Financial Details

  • Total Actual Rent $1,650
  • Rent includes unit 1(water)
  • Assessor Parcel Number M:0047 B:0068 L:00001,3978575

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,473

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Living Room, Dining Room, Kitchen, Laundry Room
  • Fireplace YN: No
  • Appliances: Range, Refrigerator
  • Total Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Living Area: 2259
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN4866
  • MAIN SO: AN0394

Exterior Features

  • Foundation Details: Stone
  • Home Warranty YN: No
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Heating: Steam, Natural Gas
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Water Source: Public
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0047 B:0068 L:00001,3978575
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Gentle Sloping, Level
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7287
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3473

Multi Family

  • Net Operating Income: 19800
  • Number Of Units Total: 2
  • Total Actual Rent: 1650
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Aug 14, 2023
Sold by
Shunaman Albert W and Skarani-Shunaman Mary A
Bought by
Royal House Invs Llc
Seller's Agent
James Black
Real Broker MA, LLC
Buyer's Agent
Julia Quill
Mathieu Newton Sotheby's International Realty
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%
Views
53
Current Estimated Value
$308,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,122
Avg. Annual Appreciation
13.31%

Purchase Details

Closed on
Jul 26, 2006
Sold by
Cityside Mgmt Corp and Usa Hud
Bought by
Shunaman Albert W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,950
Interest Rate
6.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2006
Sold by
Wells Fargo Bank Na
Bought by
Department Of Housing & Urban Dev

Purchase Details

Closed on
May 23, 2003
Sold by
Rita Choquet Ft and Choquet
Bought by
Santos Otilio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,053
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Royal House Invs Llc $230,000 None Available
Royal House Invs Llc $230,000 None Available
Royal House Invs Llc $230,000 None Available
Shunaman Albert W $170,502 --
Shunaman Albert W $170,502 --
Department Of Housing & Urban Dev -- --
Department Of Housing & Urban Dev -- --
Santos Otilio $126,000 --
Santos Otilio $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shunaman Albert W $161,950
Previous Owner Santos Otilio $124,053
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2023 08/28/23 Sold $230,000 -8.0% $102 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $249,900 -- $111 / 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 $4,671 $318,600 $33,400 $285,200
2024 $3,904 $255,800 $27,900 $227,900
2023 $3,659 $231,000 $27,900 $203,100
2022 $3,473 $194,000 $23,800 $170,200
2021 $3,489 $179,500 $23,800 $155,700
2020 $3,296 $169,200 $23,800 $145,400
2018 $2,558 $123,300 $21,200 $102,100
2017 $2,536 $123,300 $21,200 $102,100
2016 $2,326 $115,100 $21,200 $93,900
2015 $2,276 $111,800 $21,200 $90,600
2014 $2,196 $111,800 $21,200 $90,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73135062

MLS Property Information Network (MLS PIN)

APN: SBRI-000047-000068-000001