NOT LISTED FOR SALE

188 Mechanic St Southbridge, MA 01550

Estimated Value: $418,000 - $466,000

6 Beds
2 Baths
1,186 Sq Ft
$367/Sq Ft Est. Value

Last Sold September 22, 2015

Last sale price $55,000 $46 Per Sq Ft

Est. 692% increase in value since last sale

Current estimated payment $2,666/month

117 Days on Market

About This Home

As of September 2015

Great opportunity to purchase this two family home with good rental income and at an affordable price! The second floor unit is rented and the tenant takes care of the yard work and snow removal. The first floor unit can easily be rented or owner occupied with some cosmetic work. Spacious apartments and level, fenced backyard. This property has had many updates in recent years including new windows, new second means of egress in second floor unit, new back porch railings, painted exterior, repointed foundation and new furnace in 2006. High visibility for an in home business, subject to town approval.

Last Agent to Sell the Property

Miranda Bousquet

Bousquet Real Estate Listed on: 04/28/2015

Last Buyer's Agent

Luis Torres

RE/MAX Prof Associates

RE/MAX Prof Associates

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,276

Year Built

1900

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Easements, Level
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1900

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 11
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Storm Doors
  • Flooring: Wood, Vinyl, Wall to Wall Carpet, Laminate
  • Basement: Full, Walk Out, Interior Access

Exterior Features

  • Roof: Slate
  • Construction: Frame
  • Exterior: Clapboard, Wood
  • Exterior Features: Porch, Gutters
  • Foundation: Fieldstone, Brick

Garage/Parking

  • Parking: Off-Street
  • Parking Spaces: 4

Utilities

  • Hot Water: Tankless
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 2

Lot Info

  • Zoning: Comm/Res

Multi Family

  • Foundation: 641
  • Total Bedrooms: 6
  • Total Floors: 3
  • Total Full Baths: 2
  • Total Levels: 2
  • Total Rms: 11
  • Total Rent_1: 1850

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2012
Sold by
Lavallee-Saulnier Alma C
Bought by
Lavallee Anne and Lavallee-Saulnier Alma C
Current Estimated Value
$435,396
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
Lavallee Anne -- --
Lavallee Anne -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2015 09/22/15 Sold $55,000 -26.6% $46 / Sq Ft
08/23/2015 08/23/15 Pending -- -- --
04/28/2015 04/28/15 For Sale $74,900 -- $63 / 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 $4,276 $291,700 $28,500 $263,200
2024 $3,179 $208,300 $14,300 $194,000
2023 $2,968 $187,400 $14,300 $173,100
2022 $2,796 $156,200 $12,200 $144,000
2021 $2,442 $125,600 $12,200 $113,400
2020 $2,151 $110,400 $12,200 $98,200
2018 $2,135 $102,900 $17,600 $85,300
2017 $144,191 $95,200 $17,600 $77,600
2016 $1,924 $95,200 $17,600 $77,600
2015 $1,989 $97,700 $18,900 $78,800
2014 $1,919 $97,700 $18,900 $78,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71825586

MLS Property Information Network (MLS PIN)

APN: SBRI-000029-000047-000001