NOT LISTED FOR SALE

181 N Main St North Brookfield, MA 01535

Estimated Value: $1,657,853

21 Beds
12 Baths
25,815 Sq Ft
$64/Sq Ft Est. Value

Last Sold May 31, 2013

Last sale price $1,100,000 $43 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $10,611/month

320 Days on Market

About This Home

As of May 2013

Investment Opportunity - 35 Units within 4 Buildings Incredible opportunity! A block of 4 buildings, with excellent retail tenants & apartments. 75% occupancy on retail tenants consisting of bank, insurance company, convenient store, town offices, laundry mat - solid tenants! 100% occupancy on the apartments. All have separate utilities. Apartments have been rehabbed and updated. Well maintained and cared for. Plenty of off street parking~~. Excellent opportunity!!! Cash Cow!!~~

Last Agent to Sell the Property

Joy Rapsomanikis

HJRealty Group, LLC Listed on: 06/15/2012

Last Buyer's Agent

Kelly Nelson

Blue Sky Realty

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,456

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Other (See Remarks)
  • Other Agent: 2.00
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 11

Exterior Features

  • Foundation: Fieldstone

Garage/Parking

  • Parking Spaces: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2020
Sold by
181 North Main Llc
Bought by
Adams Block Llc
Current Estimated Value
$1,657,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$626,000
Outstanding Balance
$558,977
Interest Rate
3.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,080,104

Purchase Details

Listed on
Jun 15, 2012
Closed on
May 31, 2013
Sold by
Paradise 1 Realty Llc
Bought by
181 North Main N Brook
Seller's Agent
Joy Rapsomanikis
HJRealty Group, LLC
Buyer's Agent
Kelly Nelson
Blue Sky Realty
List Price
$1,230,000
Sold Price
$1,100,000
Premium/Discount to List
-$130,000
-10.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.33%
Original Mortgage
$825,000
Interest Rate
3.45%
Mortgage Type
Commercial

Purchase Details

Closed on
May 6, 2008
Sold by
Country House I Rt and Dunn Richard W
Bought by
Paradise 1 Realty Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,015,000
Interest Rate
5.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 2, 2005
Sold by
Country House I Rt and Dunn Richard W
Bought by
North Brookfield Sb
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
Adams Block Llc $1,100,000 None Available
181 North Main N Brook $1,090,000 --
Paradise 1 Realty Llc $1,100,000 --
North Brookfield Sb -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Block Llc $626,000
Previous Owner 181 North Main N Brook $825,000
Previous Owner Paradise 1 Realty Llc $1,015,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2013 05/31/13 Sold $1,100,000 -10.6% $43 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
06/15/2012 06/15/12 For Sale $1,230,000 -- $48 / 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 $17,456 $1,231,900 $96,800 $1,135,100
2024 $14,581 $1,110,500 $93,800 $1,016,700
2023 $13,889 $1,039,600 $85,300 $954,300
2022 $14,827 $997,800 $74,200 $923,600
2021 $15,285 $971,100 $72,000 $899,100
2019 $14,919 $878,600 $72,000 $806,600
2018 $19,142 $1,148,300 $72,000 $1,076,300
2017 $17,148 $1,037,400 $90,000 $947,400
2016 $16,785 $1,037,400 $90,000 $947,400
2015 $15,955 $1,023,400 $95,200 $928,200
2014 $14,091 $924,600 $95,200 $829,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71397720

MLS Property Information Network (MLS PIN)

APN: NBFD-000106-000003-001810