NOT LISTED FOR SALE

181 Elm St Southbridge, MA 01550

Estimated Value: $344,358 - $438,000

4 Beds
4 Baths
1,830 Sq Ft
$208/Sq Ft Est. Value

Last Sold September 07, 2021

Last sale price $290,000 $158 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,518/month

2 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Porch
  • Medical Services
  • Wood Flooring
  • Cooling Available

About This Home

As of September 2021

2 family home has private, level yard that is surrounded by trees and set far off the road. There is plenty of off street parking. 1st floor unit has 3 bedrooms! There are 2 BRs on 1st floor & a 3rd BR on the 2nd fl. The second floor BR has a cedar walk in closet & extra open area at the top of the stairs. You have to see this yard! Room for playing, gardens or just hosting friends for a bbq! The 2nd floor apartment has a big country kitchen, large mudroom with laundry hookups & 2 rooms with closets. Use 1 as living room and the other a br or use them both as bedrooms. New flooring in BR. Free trash pick up! There is an exterior workshop/storage with electricity plus a shed. The basement is in surprisingly good condition! It has concrete floors and two water heaters. The sellers are doing electrical work. This is move in condition! Pine flooring is easy care & low maintenance! Closing can be flexible, Sellers have housing to go to. Occupied, need appointment please.

Last Agent to Sell the Property

Diane Dabrowski

Lamacchia Realty, Inc Listed on: 07/01/2021

Lamacchia Realty, Inc

Last Buyer's Agent

Sara Ventura

RE/MAX Generations

RE/MAX Generations

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,073

Year Built

  • Built in 1900

Lot Details

  • 10,019 Sq Ft Lot
  • Property fronts an easement
  • Fenced
  • Level Lot

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Interior Spaces

  • 1,830 Sq Ft Home
  • Property has 2 Levels
  • Insulated Windows

Flooring

  • Wood
  • Pine Flooring
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Basement

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

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Storage
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Park St Element Elementary School
  • Southbridge Middle School
  • Southbridge High School

Utilities

  • Cooling Available
  • 2 Cooling Zones
  • 1 Heating Zone
  • Heating Available
  • 100 Amp Service
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Total Actual Rent $2,150
  • Rent includes unit 2(heat)
  • Legal Lot and Block 1 / 92
  • Assessor Parcel Number M:0047 B:0092 L:00001,3978604

Community Details

Overview

  • 2 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park

Building Details

  • Insurance Expense $1,371
  • Water Sewer Expense $1,200
  • Operating Expense $1,200
  • Net Operating Income $22,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,073

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1900
  • Buyer Agency: 2.5
  • Buyer Agency Type: %
  • Dual Variable: Yes
  • Transaction Broker: 1.0
  • Transaction Broker Type: %
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Vinyl,Laminate,Hardwood,Pine, Unit 1(undefined), Unit 2(Hardwood Floors)
  • Interior Amenities: Unit 1(Ceiling Fans,Upgraded Countertops,Bathroom With Tub & Shower), Unit 2(Ceiling Fans,Cedar Closet,Upgraded Countertops,Bathroom with Shower Stall), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup, Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 1(Washer Hookup,Dryer Hookup)
  • Basement: Full, Concrete
  • Living Area: 1830
  • Stories Total: 3
  • Window Features: Insulated Windows
  • MAIN LO: K95310
  • LIST PRICE PER Sq Ft: 147.54
  • PRICE PER Sq Ft: 158.47
  • MAIN SO: AN6672

Exterior Features

  • Exterior Features: Rain Gutters, Storage
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle, Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup, Varies per Unit
  • Cooling: Unit 1(Window AC), Unit 2(Other (See Remarks))
  • Heating: Unit 1(Hot Water Radiators,Oil), Unit 2(Hot Water Radiators,Oil,Other (See Remarks))
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 1
  • HEAT ZONES: 1
  • COOLING ZONES: 2

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, House of Worship, Private School, Public School
  • Rent Includes: Unit 2(Heat)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 1200

Lot Info

  • Parcel Number: M:0047 B:0092 L:00001,3978604
  • Zoning: 2 family
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements, Level, Other
  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 10018.8
  • Lot Size Units: Acres
  • LOT SIZE: 10164
  • PAGE: 176

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3073
  • Tax Block: 92
  • Tax Book Number: 25358
  • Tax Lot: 1
  • Tax Map Number: 47

Multi Family

  • Gross Income: 24000
  • Insurance Expense: 1371
  • Net Operating Income: 22800
  • Number Of Units Total: 2
  • Operating Expense: 1200
  • Total Actual Rent: 2150
  • LEVELS 1: 2
  • COOLING UNITS: 2
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Southbridge Hs
  • Elementary School: Park St Element
  • Middle Or Junior School: Southbridge Ms

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 1989
Sold by
Lanois Paul
Bought by
Pardee Robt
Current Estimated Value
$381,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
9.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Home in Southbridge, MA

  • 47 Morris St, Southbridge, MA 01550

    $399,900

    • 6 Beds
    • 3 Baths
    • 2,504 Sq Ft
    • 47 Morris St
    • Southbridge, MA

    ATTENTION INVESTORS/LANDLORDS - OPPORTUNITY KNOCKS! Desirable location - delivered empty! First time ever on the market! Public Record lists this home as a 3 family. The 3rd floor is set up as an apartment or could be an extension of the 2nd floor if desired. Property does need some work (roof & electrical) - WILL NOT qualify for all types of financing.

    Pamela Mills Red Door Realty

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Range of Values:

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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
Pardee Robt $101,000 --
Pardee Robt $101,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Yanilka $11,197
Closed Lopez Yanick $8,955
Closed Lopez Yanilka $6,652
Open Lopez Yanilka $18,187
Open Lopez Yanilka $284,747
Closed Lopez Yanilka $284,747
Closed Pardee Robt $70,000
Closed Pardee Robt $93,000
Closed Pardee Robt $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2021 09/07/21 Sold $290,000 +7.4% $158 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $270,000 -- $148 / 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 $4,732 $322,800 $33,000 $289,800
2024 $4,671 $306,100 $27,500 $278,600
2023 $4,348 $274,500 $27,500 $247,000
2022 $3,483 $194,600 $23,500 $171,100
2021 $3,073 $158,100 $23,500 $134,600
2020 $2,828 $145,200 $23,500 $121,700
2018 $2,623 $126,400 $20,900 $105,500
2017 $2,403 $116,800 $20,900 $95,900
2016 $2,361 $116,800 $20,900 $95,900
2015 $2,409 $118,300 $20,900 $97,400
2014 $2,323 $118,300 $20,900 $97,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72858969

MLS Property Information Network (MLS PIN)

APN: SBRI-000047-000092-000001