NOT LISTED FOR SALE

17 W Walnut St Milford, MA 01757

Estimated Value: $520,000 - $721,000

4 Beds
2 Baths
2,035 Sq Ft
$309/Sq Ft Est. Value

Last Sold June 26, 2023

Last sale price $592,000 $291 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,900/month

5 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Park
  • Granite Flooring
  • Porch
  • 5-minute walk to Milford Town Park

About This Home

As of June 2023

OFFER DEADLINE - Monday May 8th at 1:00pm - Offer should be submitted as HIGHEST and BEST. Check out this great opportunity to own a Two Family Home in a desirable Town Park Neighborhood in Milford. This home has lots to offer an investor with a fully rented building. Tenants are TAW with great history of paying on time. If you are looking to own and earn income to help pay your mortgage then this home would be perfect! Unit 1 offers 2 Bedrooms, Eat in Kitchen and rent is $1325. per month with a two car garage included. Unit 2 offers 2 Bedrooms with a rent of $1150 per month. Separate utilities, landlord pays water. Unfinished basement offers washer/dryer connects for each unit. The 2 car garage is currently part of the agreement with 1st floor tenant. Updates over the years include new roof (5 years), Windows 2nd floor, garage doors & openers, Boilers 2011, HW Heaters 2020 updated sewer lines in basement & more.

Last Agent to Sell the Property

Joshua Lioce

Lioce Properties Group Listed on: 05/02/2023

Last Buyer's Agent

Lorraine Velez

eXp Realty

eXp Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,919

Year Built

  • Built in 1930

Lot Details

  • 7,301 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Stone Foundation
  • Shingle Roof

Interior Spaces

  • 2,035 Sq Ft Home
  • Property has 1 Level
  • Unfinished Basement
  • Interior Basement Entry
  • Washer and Electric Dryer Hookup

Flooring

  • Wood
  • Granite

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Bulkhead
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 2 Heating Zones
  • Heating Available
  • Separate Meters
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $2,475
  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:41 B:000 L:311,1616125

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Bike Trail

Additional Features

  • 2 Units
  • Net Operating Income $29,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,919

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1930
  • Dual Variable: Yes
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range), Gas Water Heater,Electric Water Heater, Utility Connections for Electric Dryer
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup
  • Basement: Interior Entry, Bulkhead, Unfinished
  • Living Area: 2035
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN4893
  • MAIN SO: AC0342

Exterior Features

  • Foundation Details: Stone, Granite
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Steam,Gas), Unit 2(Steam,Gas)
  • Cooling Y N: No
  • Electric: Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Bike Path, Highway Access, House of Worship, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:41 B:000 L:311,1616125
  • Zoning: RA
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.17
  • Lot Size Sq Ft: 7301
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4919

Multi Family

  • Net Operating Income: 29700
  • Number Of Units Total: 2
  • Total Actual Rent: 2475
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2003
Sold by
Blair Beth Anne C
Bought by
Morais Jason
Current Estimated Value
$629,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Outstanding Balance
$85,371
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$544,390

Purchase Details

Closed on
Oct 30, 1992
Sold by
Ramelli Charles
Bought by
Blair Joseph P and Rouille Bethe Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,400
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Morais Jason $245,000 --
Blair Joseph P $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blair Joseph P $196,000
Previous Owner Blair Joseph P $106,400
Previous Owner Blair Joseph P $20,650
Previous Owner Blair Joseph P $11,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2023 06/26/23 Sold $592,000 +13.9% $291 / Sq Ft
06/25/2023 06/25/23 Off Market $519,900 -- --
05/08/2023 05/08/23 Pending -- -- --
05/02/2023 05/02/23 For Sale $519,900 -- $255 / 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 $7,177 $560,700 $151,400 $409,300
2024 $5,942 $447,100 $144,400 $302,700
2023 $4,919 $340,400 $132,100 $208,300
2022 $5,080 $330,100 $119,700 $210,400
2021 $4,812 $301,100 $119,700 $181,400
2020 $4,711 $295,200 $119,700 $175,500
2019 $4,342 $262,500 $119,700 $142,800
2018 $4,062 $245,300 $119,700 $125,600
2017 $3,956 $235,600 $119,700 $115,900
2016 $4,048 $235,600 $119,700 $115,900
2015 $3,968 $226,100 $114,500 $111,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73106005

MLS Property Information Network (MLS PIN)

APN: MILF-000041-000000-000311