NOT LISTED FOR SALE

Estimated Value: $684,653 - $757,000

9 Beds
3 Baths
3,931 Sq Ft
$184/Sq Ft Est. Value

Last Sold July 12, 2023

Last sale price $627,000 $160 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,640/month

4 Days on Market

Highlights

  • Medical Services
  • Wood Flooring
  • Enclosed patio or porch
  • Property is near public transit
  • Corner Lot
  • Park

About This Home

As of July 2023

Large 3-unit building located in the Rice Square neighborhood. Each unit features six rooms, three bedrooms and one bath. Units are occupied with tenants-at-will paying below market rent. FY2023 HUD fair market rent is $1,990 per unit. All units include laundry hookups with washers and dryers and separate storage area. Good insulation throughout the building. Lead paint certificates attached for two units issued in 2008 and 2012. Risk assessment report attached for one unit. New roof added in June, 2022 with transferrable warranty. Clean, dry basement. Electrical includes 100 amp circuit breakers for each floor and landlords meter. Corner lot with off street parking. Easy access to routes 290, 20 and the Mass Turnpike. T-Station less than two miles.

Last Agent to Sell the Property

Joseph Sama

The O'Rourke Group Real Estate Professionals Listed on: 05/20/2023

Last Buyer's Agent

Matilda Asante-Bio

Century 21 XSELL REALTY

Century 21 XSELL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,827

Year Built

  • Built in 1910

Lot Details

  • 4,132 Sq Ft Lot
  • Fenced
  • Corner Lot

Home Design

  • Triplex
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,931 Sq Ft Home
  • Window Screens
  • Dishwasher
  • Washer

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

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

Parking

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

Outdoor Features

  • Enclosed patio or porch
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Rice Square Elementary School
  • East Middle School
  • North High School

Utilities

  • No Cooling
  • 5 Heating Zones
  • Heating Available
  • 100 Amp Service
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,350
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Legal Lot and Block 00037 / 007

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Park

Building Details

  • Electric Expense $126
  • Insurance Expense $3,287
  • Water Sewer Expense $4,186
  • Operating Expense $16,226
  • Net Operating Income $35,974

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,827

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1910
  • Buyer Agency: 2.0
  • Dual Variable: Yes
  • Transaction Broker: 1.0
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile,Carpet,Hardwood
  • 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)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Refrigerator,Washer,Dryer), Unit 3(Range,Dishwasher,Refrigerator,Washer,Dryer), Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer Hookup
  • Basement: Full, Interior Entry, Concrete, Unfinished
  • Living Area: 3931
  • Spa YN: No
  • Stories Total: 6
  • Window Features: Screens
  • MAIN LO: AN5361
  • LIST PRICE PER Sq Ft: 165.33
  • PRICE PER Sq Ft: 159.5
  • MAIN SO: AN4146

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Stone
  • Frontage Length: 45
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Lake/Pond, 1 to 2 Mile To Beach, Beach Ownership(Public)
  • 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
  • Utilities: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup
  • Cooling: Unit 1(None)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Gas,Electric), Unit 3(Gas,Electric)
  • Cooling Y N: No
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 5
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 4186

Lot Info

  • Zoning: RG-5
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Sq Ft: 4132
  • Lot Size Units: Acres
  • PAGE: 357
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6827
  • Tax Block: 007
  • Tax Book Number: 24228
  • Tax Lot: 00037
  • Tax Map Number: 18

Multi Family

  • Electric Expense: 126
  • Gross Income: 52200
  • Insurance Expense: 3287
  • Net Operating Income: 35974
  • Number Of Units Total: 3
  • Operating Expense: 16226
  • Total Actual Rent: 4350
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

MLS Schools

  • High School: North
  • Elementary School: Rice Square
  • Middle Or Junior School: East Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2001
Sold by
Biando Robert J and Biando Marion C
Bought by
Julian Maria
Current Estimated Value
$723,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,700
Interest Rate
7.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Julian Maria $183,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilles Carl-Henri $605,412
Closed Julian Maria $125,400
Closed Julian Maria $246,500
Closed Julian Maria $264,390
Closed Julian Maria $230,000
Closed Julian Maria $224,000
Closed Julian Maria $164,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2023 07/12/23 Sold $627,000 -3.5% $160 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
05/20/2023 05/20/23 For Sale $649,900 -- $165 / 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 $7,732 $586,200 $85,700 $500,500
2024 $7,128 $518,400 $85,700 $432,700
2023 $6,827 $476,100 $74,500 $401,600
2022 $5,938 $390,400 $59,600 $330,800
2021 $5,291 $325,000 $47,700 $277,300
2020 $4,896 $288,000 $47,700 $240,300
2019 $4,365 $242,500 $42,900 $199,600
2018 $4,270 $225,800 $42,900 $182,900
2017 $4,009 $208,600 $42,900 $165,700
2016 $3,840 $186,300 $32,400 $153,900
2015 $3,739 $186,300 $32,400 $153,900
2014 $3,640 $186,300 $32,400 $153,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73114490

MLS Property Information Network (MLS PIN)

APN: WORC-000018-000007-000037