NOT LISTED FOR SALE

162 Grove St Clinton, MA 01510

Estimated Value: $596,000 - $839,000

6 Beds
3 Baths
2,972 Sq Ft
$243/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $432,500 $146 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $4,302/month

10 Days on Market

Highlights

  • Pond View
  • Wood Flooring
  • Fenced Yard
  • Covered Deck

About This Home

As of August 2020

ALL OPEN HOUSES HAVE BEEN CANCELLED FOR 7/11 and 7/12. WATERFRONT! 3-family home with EXCELLENT RENTAL INCOME. Three nicely-updated apartments with separate entrances and lovely views of Lancaster Mill Pond. Units feature living rooms with hardwood floors and bay windows with lovely water views, fully-applianced eat-in kitchens, 2 bedrooms and one full bathroom with laundry, including washers and dryers. Tenants will enjoy sitting on their private covered decks overlooking the large fenced-in yard with peaceful water views and ducks and and an occasional blue heron passing by. Two separate basements and a floored attic offer plenty of storage. Excellent rental income, with long-term tenants. This is a one-of-a-kind property that must be seen! Enjoy kayaking and canoeing from your own backyard. Close to shopping and restaurants and so much more. This is a very lucrative investment property! .

Last Agent to Sell the Property

Lauren Collins

eXp Realty Listed on: 07/06/2020

eXp Realty

Last Buyer's Agent

Team Tom Truong

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • Year Round Access
  • Fenced Yard

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Pond Views
  • Covered Deck
  • Basement

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Renovated Since
  • List Price Per Sq Ft: 121.10
  • Comp Based On: Gross/Full Sale Price
  • Year Built: 1900
  • Lead Paint: Unknown
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Flooring: Tile, Vinyl, Wall to Wall Carpet, Varies Per Unit, Hardwood
  • Total Flrs: 3
  • No Bedrooms: 6
  • Total Brs: 6
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 13
  • Basement: Y
  • Basement Features: Full, Walk Out, Unfinished Basement, Exterior Access
  • Main Lo: AC0342
  • Main So: AC0342
  • Estimated Sq Ft: 2972.00

Exterior Features

  • Beach Ownership: Private
  • Waterfront: Pond, Frontage, Direct Access
  • Beachfront Flag: Yes
  • Beach Miles To: 0 to 1/10 Mile
  • Waterfront Flag: Yes
  • Waterview Features: Pond
  • Waterview Flag: Yes
  • Construction: Frame, Stone/Concrete
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Deck - Wood, Covered Patio/Deck, Fenced Yard
  • Foundation: Poured Concrete, Fieldstone, Irregular

Garage/Parking

  • Parking Feature: On Street Without Permit
  • Parking Spaces: 5

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, Individually Metered
  • Heat Zones: 3
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Shopping, Park, Medical Facility, Conservation Area, House of Worship

Lot Info

  • Assessments: 295700.00
  • Acre: 0.15
  • Lot Size: 6536.00
  • Page: 258
  • Zoning: Res
  • Lot Description: Fenced/Enclosed, Gentle Slope

Multi Family

  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 3750
  • Total Rms: 13
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 4580.00
  • Assessor Parcel Number: 3308526

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 18, 2021
Sold by
Chen Lihren and Chen Shomei
Bought by
Chen Lihren
Current Estimated Value
$721,656

Purchase Details

Listed on
Jul 6, 2020
Closed on
Aug 5, 2020
Sold by
Collins Lauren
Bought by
Chen Lihren and Chen Shomei
Seller's Agent
Lauren Collins
eXp Realty
Buyer's Agent
Team Tom Truong
eXp Realty
List Price
$359,900
Sold Price
$432,500
Premium/Discount to List
$72,600
20.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.89%
Original Mortgage
$308,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2014
Sold by
Hyde Paul Est
Bought by
Collins Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,105
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 2012
Sold by
164 Grove Street Rt
Bought by
Mcfadden Michael and Hyde Paul

Purchase Details

Closed on
Apr 16, 2004
Sold by
164 Grove Street Rt
Bought by
Mcfadden Michael
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Chen Lihren -- None Available
Chen Lihren $432,500 None Available
Collins Lauren $215,000 --
Mcfadden Michael -- --
Mcfadden Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Lihren $308,000
Previous Owner Collins Lauren $211,105
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2020 08/14/20 Sold $432,500 +20.2% $146 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
07/06/2020 07/06/20 For Sale $359,900 -- $121 / 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 $6,778 $509,600 $100,300 $409,300
2024 $6,153 $468,300 $100,300 $368,000
2023 $5,956 $445,500 $91,200 $354,300
2022 $6,109 $409,700 $82,900 $326,800
2021 $5,005 $314,000 $79,000 $235,000
2020 $4,580 $295,700 $79,000 $216,700
2019 $4,258 $267,300 $76,700 $190,600
2018 $4,184 $246,400 $76,700 $169,700
2017 $4,354 $246,400 $76,700 $169,700
2016 $4,255 $246,400 $76,700 $169,700
2015 $4,087 $245,300 $74,400 $170,900
2014 $3,962 $245,300 $74,400 $170,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72685460

MLS Property Information Network (MLS PIN)

APN: CLIN-000112-000942