NOT LISTED FOR SALE

Estimated Value: $420,000 - $518,000

9 Beds
3 Baths
3,237 Sq Ft
$144/Sq Ft Est. Value

Last Sold September 30, 2022

Last sale price $364,900 $113 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,996/month

5 Days on Market

Highlights

  • Medical Services
  • Community Pool
  • Shops
  • Property is near public transit
  • Cooling Available
  • Coin Laundry

About This Home

As of September 2022

Well maintained spacious 3 Family conveniently located with easy access to highways and area amenities. Each unit has 3 bedrooms, Kitchen and spacious Living room. The utilities are separated and the tenants are paying their own heat, electric and hot water. Investors can certainly expect to have positive cash flow once the 2nd floor apartment is rented. It was left vacant intentionally for ease of showings. The 1st showings are to the 2nd floor vacant apartment and basement only. All buyers need to be accompanied by their agent during the showings. All apartments are in very similar shape to the 2nd floor unit and have identical layouts. Group of showings Monday 08/08/2022 3-5pm to interested buyers to see remaining apartments. There is an off street parking lot where tenants each have one assigned spot and on street for the remaining. All appliances in the units are owned by the landlord. Final and Best is due by Tues 08/09/2022 7pm

Last Agent to Sell the Property

Jeff Brochu

Brochu Real Estate Listed on: 08/03/2022

Last Buyer's Agent

Richard Lane

Coldwell Banker Realty - Leominster

Coldwell Banker Realty - Leominster

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,666

Year Built

  • Built in 1900

Lot Details

  • 6,534 Sq Ft Lot
  • Gentle Sloping Lot

Home Design

  • Brick Foundation
  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 3,237 Sq Ft Home
  • Insulated Windows
  • Carpet
  • Unfinished Basement

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Parking Spaces
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Barry Elementary School
  • Dupont Middle School
  • Comp High School

Utilities

  • Cooling Available
  • 3 Heating Zones
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $2,900
  • Rent includes unit 1(none), unit 2(none), unit 3(none)
  • Assessor Parcel Number 2503355

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Community Pool

Building Details

  • Electric Expense $160
  • Insurance Expense $1,800
  • Water Sewer Expense $1,737
  • Operating Expense $11,963
  • Net Operating Income $30,787

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,666

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 1
  • 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: 6

Interior Features

  • Flooring: Carpet, Unit 2(Wall to Wall Carpet)
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 1
  • Total Bathrooms: 3
  • Basement: Unfinished
  • Living Area: 3237
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: J26200
  • LIST PRICE PER Sq Ft: 112.73
  • PRICE PER Sq Ft: 112.73
  • MAIN SO: AN6181

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Brick/Mortar
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC)
  • Heating: Unit 1(Forced Air,Oil), Unit 2(Hot Water Baseboard,Gas), Unit 3(Central Heat,Hot Water Baseboard,Gas)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
  • Rent Includes: Unit 1(None), Unit 2(None), Unit 3(None)

Fee Information

  • Water Sewer Expenses: 1737

Lot Info

  • Parcel Number: 2503355
  • Zoning: 1050
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6534
  • Lot Size Units: Acres
  • PAGE: 139
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3666.44
  • Tax Book Number: 20015

Multi Family

  • Electric Expense: 160
  • Gross Income: 42750
  • Insurance Expense: 1800
  • Net Operating Income: 30787
  • Number Of Units Total: 3
  • Operating Expense: 11963
  • Total Actual Rent: 2900
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: Comp
  • Elementary School: Barry
  • Middle Or Junior School: Dupont

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2022
Closed on
Sep 30, 2022
Sold by
Croteau Allen G
Bought by
Mirabal Sheyla and Prahl Phillip A
Seller's Agent
Jeff Brochu
Brochu Real Estate
Buyer's Agent
Richard Lane
Coldwell Banker Realty - Leominster
List Price
$364,900
Sold Price
$364,900
Views
5
Current Estimated Value
$466,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,289
Avg. Annual Appreciation
6.74%
Original Mortgage
$253,675
Outstanding Balance
$242,811
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$198,338

Purchase Details

Closed on
Jan 25, 2013
Sold by
Croteau Allen G and Croteau Melissa M
Bought by
Croteau Allen G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2001
Sold by
Smith Edward E and Smith Sheryl E
Bought by
Croteau Allen G and Croteau Melissa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,750
Interest Rate
7.09%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Mirabal Sheyla $364,900 None Available
Croteau Allen G -- --
Croteau Allen G $97,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mirabal Sheyla $253,675
Previous Owner Croteau Allen G $129,500
Previous Owner Croteau Allen G $93,000
Previous Owner Croteau Allen G $87,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2022 09/30/22 Sold $364,900 0.0% $113 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
08/03/2022 08/03/22 For Sale $364,900 -- $113 / 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 $5,468 $360,700 $75,400 $285,300
2024 $5,067 $343,300 $74,000 $269,300
2023 $3,709 $244,800 $67,300 $177,500
2022 $3,666 $215,800 $58,500 $157,300
2021 $3,416 $194,000 $50,200 $143,800
2020 $3,211 $183,900 $50,200 $133,700
2019 $3,183 $177,200 $50,200 $127,000
2018 $3,107 $169,700 $47,800 $121,900
2017 $2,965 $171,300 $43,600 $127,700
2016 $2,876 $170,100 $43,600 $126,500
2015 $2,694 $153,600 $43,600 $110,000
2014 $2,536 $153,600 $43,600 $110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73020823

MLS Property Information Network (MLS PIN)

APN: CHIC-000256-000000-000064