$350,000
SOLD DEC 22, 2021

198 Summer St Fitchburg, MA 01420

4 Beds
3 Baths
1,644 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$213 Per Sq Ft

3% Above List Price

3 Days on Market

About This Home

As of January 2024

LOOKING TO OWN YOUR OWN HOME AND BRING IN SOME INCOME AT THE SAME TIME? This property is the perfect home for you! First floor features an open living room, dinning room and kitchen floor plan. Hardwood flooring, Jacuzzi tub, finished rooms in basement, with a bedroom, exercise room and office. Master bedroom has sliding doors to your private patio. Cozy second floor has 2 bedrooms, living room, kitchen and bath. Plenty of off street parking with 3 car garage and fenced in yard. Located close to schools, shopping and major routes. Don't miss out!

Last Agent to Sell the Property

Tammy Morrison

Tammy Morrison Real Estate Listed on: 10/22/2021

Last Buyer's Agent

Linda Anderson

Keller Williams Realty North Central

Keller Williams Realty North Central

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $50

Year Built

  • 1911

Parking

  • 3

Interior Spaces

  • Property has 2 Levels

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$50

Year Built

1911

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: John Fitch to Summer
  • Garage Yn: Yes
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1911

Interior Features

  • Appliances: Unit 1(Range,Dishwasher,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Refrigerator), Gas Water Heater
  • Has Basement: Full, Finished, Walk-Out Access
  • Total Bathrooms: 2.5
  • MAIN LO: H95111
  • LIST PRICE PER Sq Ft: 206.75
  • PRICE PER Sq Ft: 212.9
  • MAIN SO: K95580
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Fireplaces: 1
  • Flooring: Wood,Tile,Vinyl,Carpet, Unit 1(undefined)
  • Interior Amenities: Unit 1(Ceiling Fans), Unit 2(Ceiling Fans), Unit 1 Rooms(Living Room,Dining Room,Kitchen,Office/Den), Unit 2 Rooms(Living Room,Kitchen)
  • Stories: 3

Exterior Features

  • Roof: Shingle
  • Foundation Details: Block
  • Construction Type: Frame
  • Exclusions: Tenants Property
  • Fencing: Fenced/Enclosed, Fenced
  • Lot Features: Corner Lot
  • Patio And Porch Features: Deck, Patio
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Off Street
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 10

Utilities

  • Heating: Unit 1(Gas), Unit 2(Gas)
  • HEAT UNITS: 1
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Unit 1(Water), Unit 2(Water)

Lot Info

  • LOT SIZE: 10027
  • PAGE: 50
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 10018.8
  • Zoning: RC

Multi Family

  • LEVELS 1: 2
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2
  • Annual Gross Income: 25980
  • Property Net Operating Income: 25980
  • Number Of Units Total: 2
  • Total Actual Rent: 2165

Tax Info

  • Tax Annual Amount: 4160
  • Tax Book Number: 7184
  • Tax Year: 2021

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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Range of Values:

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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: 72912000

MLS Property Information Network (MLS PIN)

APN: FITC-000097-000042