NOT LISTED FOR SALE
8 Beds
4 Baths
3,772 Sq Ft
6,970 Sq Ft Lot

Sale Details

Date Sold: March 15, 2022

Last sale price $460,000 $122 Per Sq Ft

4 Days on Market

Highlights

  • Property is near golf course, public transit, and schools
  • Level Lot
  • Heating Available

About This Home

As of March 2022

Great investment property located on Elm St in Gardner. This 4 family boasts 5 room units each containing 2/3 bedrooms and full bathroom. Tenants pay their own heat which is serviced by oil fired boilers. Building also includes separate electric utilities and hot water. Laundry is located in the basement. Off street parking! Newer oil fired boilers and electric hot water tanks and architectural shingle roof. Don't miss this opportunity to purchase this property with good cash flow! Property is under management and management company would be happy to stay. Showings will be group showings/open house only

Last Agent to Sell the Property

Daniel Reiser

Results Realty Listed on: 01/19/2022

Last Buyer's Agent

Sam Kiwanuka

Cameron Real Estate Group

Cameron Real Estate Group
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,601

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Level Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,772 Sq Ft Home
  • Insulated Windows
  • Unfinished Basement

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Parking

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

Location

  • Property is near golf course, public transit, and schools

Schools

  • GHS High School

Utilities

  • Heating Available
  • Separate Meters
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $4,225
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Assessor Parcel Number M:R22 B:8 L:6,3537641

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Building Details

  • Electric Expense $360
  • Insurance Expense $3,093
  • Water Sewer Expense $5,490
  • Operating Expense $12,663
  • Net Operating Income $51,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,601

Year Built

Built in 1900

Lot Details

6,970 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1900
  • Buyer Agency Type: %
  • Dual Variable: Yes
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 6

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen), Unit 4 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator), Electric Water Heater
  • Total Bedrooms: 8
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Unfinished
  • Living Area: 3772
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: K95580
  • MAIN SO: AC0756

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Block
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Steam,Oil), Unit 2(Steam,Oil), Unit 3(Steam,Oil), Unit 4(Steam,Oil)
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Golf, Highway Access, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Fee Information

  • Water Sewer Expenses: 5490

Lot Info

  • Parcel Number: M:R22 B:8 L:6,3537641
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6969.6
  • Lot Size Units: Acres
  • LOT SIZE: 6762

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5601

Multi Family

  • Electric Expense: 360
  • Insurance Expense: 3093
  • Net Operating Income: 51300
  • Number Of Units Total: 4
  • Operating Expense: 12663
  • Total Actual Rent: 4225
  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

MLS Schools

  • High School: Ghs

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2022
Sold by
Oliveira Shane
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,000
Outstanding Balance
$378,756
Interest Rate
5.3%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Jan 19, 2022
Closed on
Apr 21, 2022
Sold by
Maganda Terry
Bought by
Maganda Terry
Seller's Agent
Daniel Reiser
Results Realty
Buyer's Agent
Sam Kiwanuka
Cameron Real Estate Group
List Price
$425,000
Sold Price
$460,000
Premium/Discount to List
$35,000
8.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 19, 2022
Closed on
Mar 15, 2022
Sold by
Foster James
Bought by
Maganda Terry
Seller's Agent
Daniel Reiser
Results Realty
Buyer's Agent
Sam Kiwanuka
Cameron Real Estate Group
List Price
$425,000
Sold Price
$460,000
Premium/Discount to List
$35,000
8.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 27, 2018
Closed on
Aug 31, 2018
Sold by
Lexington Realty Holdi
Bought by
Foster James
Seller's Agent
Scott Simpson
Century 21 North East
Buyer's Agent
Nicholas Pelletier
Keller Williams Realty North Central
List Price
$299,900
Sold Price
$290,900
Premium/Discount to List
-$9,000
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.82%
Original Mortgage
$218,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2014
Sold by
Gardner Properties Rt and Burge
Bought by
Lexington Realty Hldg

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,200,000
Interest Rate
3.98%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2007
Sold by
191 Elm Street Rt and Diplatzi
Bought by
Gardner Prop Rt and Burge

Purchase Details

Closed on
Jan 14, 2005
Sold by
Elm St Special T and Lizotte
Bought by
191 Elm St Rt and Diplatzi

Purchase Details

Closed on
Sep 27, 1994
Sold by
Sirois Roger and Sirois Judith
Bought by
Elm Street Special Tr
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Gardner, MA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Maganda Terry -- None Available
Maganda Terry $460,000 None Available
Foster James $290,000 --
Lexington Realty Hldg -- --
Gardner Prop Rt $280,000 --
191 Elm St Rt $215,000 --
Elm Street Special Tr $106,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open -- $402,000
Previous Owner -- $326,250
Previous Owner Foster James E $214,000
Closed Foster James E $218,000
Previous Owner Lexington Realty Hldg $4,200,000
Previous Owner Gadoury Vincent J $136,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2022 03/15/22 Sold $460,000 +8.2% $122 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $425,000 +46.1% $113 / Sq Ft
08/31/2018 08/31/18 Sold $290,900 -3.0% $77 / Sq Ft View Prior Sale
07/27/2018 07/27/18 Pending -- -- --
05/20/2018 05/20/18 For Sale $299,900 0.0% $80 / Sq Ft
05/16/2018 05/16/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $299,900 -- $80 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $73 $511,600 $73,300 $438,300
2024 $6,461 $431,000 $66,600 $364,400
2023 $6,404 $397,000 $65,700 $331,300
2022 $6,161 $331,400 $49,700 $281,700
2021 $5,601 $279,500 $43,200 $236,300
2020 $5,397 $273,400 $43,200 $230,200
2019 $4,030 $200,100 $43,200 $156,900
2018 $3,495 $172,400 $43,200 $129,200
2017 $3,342 $163,200 $43,200 $120,000
2016 $3,341 $163,200 $43,200 $120,000
2015 $3,860 $193,200 $43,200 $150,000
2014 $3,921 $207,800 $50,200 $157,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72935162

MLS Property Information Network (MLS PIN)
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