NOT LISTED FOR SALE

18 Fayette St Milford, MA 01757

Estimated Value: $405,265 - $498,000

3 Beds
2 Baths
1,195 Sq Ft
$377/Sq Ft Est. Value

Last Sold June 15, 2020

Last sale price $265,000 $222 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $2,833/month

34 Days on Market

Highlights

  • Wood Flooring
  • Porch
  • 4-minute walk to Milford Town Park

About This Home

As of June 2020

Centrally located 2-unit within walking distance to downtown, hospital, restaurants and stores. Separate utilities, Gas heat. Off-street parking and coin operated laundry in the basement. Investors take note . . .Milford's strong rental market coupled with today's low interest rates mean this well maintained 2 family delivers an outstanding ROI of better than 12% for the savvy investor. . You won't find that in a bank, so call today and schedule your showing. It Won't Last!!!

Last Agent to Sell the Property

Rodrigo Azevedo

Pablo Maia Realty Listed on: 03/29/2020

Last Buyer's Agent

Raquel Franco

Capital Real Estate Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,499

Year Built

  • Built in 1890

Lot Details

  • 2,614

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Additional Features

  • Porch
  • Electric Water Heater
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:48 B:000 L:585

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,499

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 234.23
  • Comp Based On: Net Sale Price
  • Year Built: 1890
  • Lead Paint: Unknown
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1890

Interior Features

  • Flooring: Tile, Vinyl, Wall to Wall Carpet, Hardwood
  • Total Flrs: 3
  • No Bedrooms: 3
  • Total Brs: 3
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 7
  • Basement: Y
  • Basement Features: Interior Access
  • Main Lo: NB1705
  • Main So: AN1378
  • Estimated Sq Ft: 1195.00

Exterior Features

  • Construction: Frame
  • Exterior: Aluminum
  • Exterior Features: Porch
  • Foundation: Fieldstone

Garage/Parking

  • Parking Feature: Off-Street
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: 100 Amps
  • Hot Water: Electric
  • Utility Connections: for Gas Range

Condo/Co-op/Association

  • Amenities: Public Transportation, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, House of Worship, Public School

Lot Info

  • Assessments: 228800.00
  • Acre: 0.06
  • Lot Size: 2801.00
  • Page: 302
  • Parcel Number: M:48 B:000 L:585
  • Zoning: OR
  • Lot Description: Paved Drive

Multi Family

  • Heat Units: 2
  • Total Levels: 2
  • Total Rent: 2550
  • Total Rms: 3
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 3652.00
  • Assessor Parcel Number: 1618029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2020
Closed on
Jun 8, 2020
Sold by
Almeida Gilbert C and Almeida Klipp
Bought by
Lohxa Kreshnik
Seller's Agent
Rodrigo Azevedo
Pablo Maia Realty
Buyer's Agent
Raquel Franco
Capital Real Estate Group LLC
List Price
$279,900
Sold Price
$265,000
Premium/Discount to List
-$14,900
-5.32%
Current Estimated Value
$451,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,066
Avg. Annual Appreciation
11.38%
Original Mortgage
$198,750
Outstanding Balance
$178,110
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$285,578

Purchase Details

Closed on
Mar 27, 2020
Sold by
Klipp Francine
Bought by
Borges Klipp

Purchase Details

Listed on
Jan 25, 2016
Closed on
May 19, 2016
Sold by
Bishop Edward and Bishop Janet
Bought by
Almeida Gilbert C and Almeida Terezinha M
Seller's Agent
Kim Poirier
ERA Key Realty Services- Milf
Buyer's Agent
Rodrigo Azevedo
Pablo Maia Realty
List Price
$174,900
Sold Price
$151,000
Premium/Discount to List
-$23,900
-13.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.87%

Purchase Details

Closed on
Apr 19, 2006
Sold by
Est Deangelis Edward J and Bishop Edward
Bought by
Bishop Edward and Bishop Janet
Source: Public Records

Range of Values:

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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
Lohxa Kreshnik $265,000 Metropolitan Title Agency
Borges Klipp $76,485 None Available
Almeida Gilbert C $151,000 --
Bishop Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lohxa Kreshnik $198,750
Previous Owner Bishop Edward $155,500
Previous Owner Bishop Edward $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2020 06/15/20 Sold $265,000 -5.3% $222 / Sq Ft
05/02/2020 05/02/20 Pending -- -- --
04/17/2020 04/17/20 For Sale $279,900 0.0% $234 / Sq Ft
04/10/2020 04/10/20 Pending -- -- --
03/29/2020 03/29/20 For Sale $279,900 +85.4% $234 / Sq Ft
05/19/2016 05/19/16 Sold $151,000 -13.7% $126 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
01/25/2016 01/25/16 For Sale $174,900 -- $146 / 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 $4,499 $351,500 $120,400 $231,100
2024 $4,403 $331,300 $114,800 $216,500
2023 $4,047 $280,100 $96,600 $183,500
2022 $3,955 $257,000 $88,200 $168,800
2021 $3,728 $233,300 $88,200 $145,100
2020 $3,652 $228,800 $88,200 $140,600
2019 $3,344 $202,200 $88,200 $114,000
2018 $3,062 $184,900 $84,000 $100,900
2017 $2,908 $173,200 $84,000 $89,200
2016 $2,831 $164,800 $75,600 $89,200
2015 $2,785 $158,700 $72,800 $85,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72638973

MLS Property Information Network (MLS PIN)

APN: MILF-000048-000000-000585