$410,000
SOLD JAN 22, 2024

198 Summer St Fitchburg, MA 01420

4 Beds
2.5 Baths
1,644 Sq Ft
10,027 Sq Ft Lot

Recently Sold

$249 Per Sq Ft

1% Below List Price

4 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Corner Lot
  • Deck
  • Wood Flooring
  • Jogging Path

About This Home

As of January 2024

SEARCHING TO BE A HOMEOWNER WHILE GENERATING EXTRA INCOME? Then this residence is tailor-made for you! Revel in the versatile layout of both units. The first unit boasts a spacious upgraded kitchen, complete with a breakfast bar, a dining room, and a living room featuring a cozy gas fireplace. The primary bedroom opens up to your very own private courtyard. The lower level of this unit offers a half bath, laundry facilities, an additional bedroom, and two flexible rooms for your personalized use. The second unit provides flexibility as well, allowing you to use it as either a one or a two-bedroom space—it's your choice. Ample off-street parking and a three-car garage are included, all on a 1/4-acre lot with a fenced-in yard. Conveniently located near schools, shopping, and major routes, this property offers easy access to all city amenities. Don't miss out!

Last Agent to Sell the Property

Linda Anderson

Keller Williams Realty North Central Listed on: 12/06/2023

Keller Williams Realty North Central

Last Buyer's Agent

Marcela Maggi

Metropolis Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,913

Year Built

  • Built in 1911

Lot Details

  • 10,027 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Level Lot
  • Cleared Lot

Parking

  • 3 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,644 Sq Ft Home
  • Property has 2 Levels
  • Gas Fireplace
  • Dishwasher
  • Washer
  • Finished Basement

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Deck
  • Enclosed patio or porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • No Cooling
  • 1 Heating Zone
  • Heating Available
  • Natural Gas Connected

Listing and Financial Details

  • Total Actual Rent $2,750
  • Rent includes unit 1(none), unit 2(heat hot water)
  • Assessor Parcel Number M:0097 B:0042 L:0,1507514

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Net Operating Income $33,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,913

Year Built

Built in 1911

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1911
  • Buyer Agency: 2
  • Dual Variable: Yes
  • Transaction Broker: 2
  • 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: 3

Interior Features

  • Flooring: Wood,Tile,Vinyl,Varies Per Unit, Unit 1(undefined), Unit 2(Wood Flooring)
  • Interior Amenities: Other (See Remarks), Unit 1(Ceiling Fans,Storage,Upgraded Cabinets,Bathroom With Tub & Shower,Country Kitchen,Open Floor Plan,Slider,Internet Available - Unknown), Unit 2(Storage,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Office/Den), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace Features: Unit 1(Fireplace - Natural Gas)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Refrigerator), Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections Varies per Unit
  • Total Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Laundry Features: Washer Hookup
  • Basement: Finished
  • Living Area: 1644
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: K95580
  • LIST PRICE PER Sq Ft: 252.43
  • PRICE PER Sq Ft: 249.39
  • MAIN SO: AN1468

Exterior Features

  • Exterior Features: Porch - Enclosed,Deck - Wood,Patio,Gutters,Fenced Yard
  • Construction Materials: Frame
  • Fencing: Fenced/Enclosed, Fenced
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Enclosed, Deck - Wood, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking Spaces: 3
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Range, Washer Hookup, Varies per Unit
  • Cooling: Unit 1(None), Unit 2(None)
  • Heating: Unit 1(Gas), Unit 2(Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 1
  • HEAT ZONES: 1

Condo/Co-op/Association

  • Community Features: Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University
  • Rent Includes: Unit 1(None), Unit 2(Heat,Hot Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0097 B:0042 L:0,1507514
  • Zoning: RC
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Cleared, Level
  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 10027
  • Lot Size Units: Acres
  • PAGE: 353
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4913
  • Tax Book Number: 10217

Multi Family

  • Gross Income: 33000
  • Net Operating Income: 33000
  • Number Of Units Total: 2
  • Total Actual Rent: 2750
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2010
Sold by
Bernard David and Rice Kevin
Bought by
Veseskis Mark A and Veseskis Young O
Current Estimated Value
$456,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 7, 2010
Sold by
Williams Bradley F and Home Loan Svcs Inc
Bought by
Bernard David and Rice Kevin

Purchase Details

Closed on
Nov 2, 2006
Sold by
Raynor Martin E
Bought by
Williams Bradley V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 1997
Sold by
Hendren David and Remal Robert
Bought by
Raynor Martin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 1989
Sold by
Remal Alfred J
Bought by
Hendren David
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $163,000 --
Foreclosure Deed $81,000 --
Deed $300,000 --
Deed $100,000 --
Deed $119,000 --
Deed $119,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 Purchase Money Mortgage
Closed $41,000 Stand Alone Refi Refinance Of Original Loan
Closed $358,050 Purchase Money Mortgage
Closed $159,079 Stand Alone Refi Refinance Of Original Loan
Closed $163,000 Purchase Money Mortgage
Previous Owner $240,000 Purchase Money Mortgage
Previous Owner $200,000 No Value Available
Previous Owner $75,000 No Value Available
Previous Owner $75,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2024 01/22/24 Sold $410,000 -1.2% $249 / Sq Ft
12/11/2023 12/11/23 Pending -- -- --
12/06/2023 12/06/23 For Sale $415,000 +18.6% $252 / Sq Ft
12/22/2021 12/22/21 Sold $350,000 +3.0% $213 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/22/2021 10/22/21 For Sale $339,900 -- $207 / 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 $50 $370,000 $84,600 $285,400
2024 $5,098 $344,200 $57,500 $286,700
2023 $4,913 $306,700 $47,500 $259,200
2022 $4,552 $258,500 $38,800 $219,700
2021 $4,160 $218,600 $32,500 $186,100
2020 $3,938 $199,800 $30,000 $169,800
2019 $3,709 $181,000 $40,000 $141,000
2018 $3,519 $167,500 $37,500 $130,000
2017 $3,185 $148,200 $33,800 $114,400
2016 $3,089 $145,500 $32,500 $113,000
2015 $2,949 $142,600 $31,300 $111,300
2014 $2,818 $142,100 $31,300 $110,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73185346

MLS Property Information Network (MLS PIN)

APN: FITC-000097-000042