$550,000
SOLD APR 7, 2023

2 Merrit Place Attleboro, MA 02703

7 Beds
4 Baths
3,503 Sq Ft
3,405 Sq Ft Lot

Recently Sold

$157 Per Sq Ft

6 Days on Market

Highlights

  • Property is near public transit
  • Jogging Path
  • 4-minute walk to Balfour Riverwalk Park
  • Wood Flooring
  • Porch

About This Home

As of April 2023

Welcome Home to 2 Merrit Place! Conveniently located 5 minutes from I95 and a 10 minute drive to Attleboro/Providence Commuter rail line. Come home to newly polished floors, over sized bedrooms with walk in closets and two driveways. This home has newly upgraded heating systems and newer roof. Great solid investment to live in one unit and rent out the rest. Schedule your viewing today.

Last Agent to Sell the Property

Vanessa Haley

Douglas Elliman Real Estate - Park Plaza Listed on: 01/30/2023

Douglas Elliman Real Estate - Park Plaza

Last Buyer's Agent

Mistral Thompson

Top Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,318

Year Built

  • Built in 1910

Home Design

  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,503 Sq Ft Home
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Parking

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

Utilities

  • 3 Heating Zones
  • Separate Meters
  • 220 Volts
  • 110 Volts
  • Gas Water Heater

Additional Features

  • Porch
  • 3,405 Sq Ft Lot
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number M:31 L:93A,2756785

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Recreation

  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,318

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family
  • Year Built: 1910
  • Buyer Agency: 2
  • Transaction Broker: 0
  • Year Built Details: Approximate
  • 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: Wood
  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 7
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bathrooms: 4
  • Basement: Full
  • Living Area: 3503
  • Stories Total: 6
  • MAIN LO: AN4282
  • LIST PRICE PER Sq Ft: 157.01
  • PRICE PER Sq Ft: 157.01
  • MAIN SO: AN3493

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Electric: 110 Volts, 220 Volts, Circuit Breakers, Individually Metered
  • Water Source: Public
  • HEAT UNITS: 3
  • HEAT ZONES: 3

Condo/Co-op/Association

  • Community Features: Public Transportation, Walk/Jog Trails, Bike Path, Highway Access, T-Station

Lot Info

  • Parcel Number: M:31 L:93A,2756785
  • Zoning: R3
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.08
  • Lot Size Area: 0.08
  • Lot Size Sq Ft: 3405
  • Lot Size Units: Acres
  • PAGE: 249
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4318
  • Tax Book Number: 22328

Multi Family

  • Gross Income: 30000
  • Net Operating Income: 30000
  • Number Of Units Total: 3
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 3: 3
  • FLRS 2: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2015
Closed on
Jun 5, 2015
Sold by
Madsen Brian K
Bought by
Andrews Willie
Seller's Agent
Terry Twombly
Success! Real Estate
Buyer's Agent
Rudy Crichlow
Rudy & Associates REALTORS®
List Price
$225,000
Sold Price
$195,000
Premium/Discount to List
-$30,000
-13.33%
Total Days on Market
6
Current Estimated Value
$630,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,860
Avg. Annual Appreciation
12.43%
Original Mortgage
$196,377
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 2, 1997
Sold by
Eleanora B Madsen T
Bought by
Mardsen Brian K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.41%
Mortgage Type
Purchase Money Mortgage
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
Not Resolvable $200,000 --
Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $512,820 FHA
Closed $196,377 FHA
Previous Owner $90,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2023 04/07/23 Sold $550,000 0.0% $157 / Sq Ft
02/06/2023 02/06/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $550,000 +182.1% $157 / Sq Ft
06/05/2015 06/05/15 Sold $195,000 -13.3% $56 / Sq Ft
05/06/2015 05/06/15 Pending -- -- --
01/13/2015 01/13/15 For Sale $225,000 -- $65 / 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 $6,801 $541,900 $96,400 $445,500
2024 $5,342 $419,600 $96,400 $323,200
2023 $4,735 $345,900 $87,600 $258,300
2022 $4,318 $298,800 $83,400 $215,400
2021 $4,174 $282,000 $80,200 $201,800
2020 $3,908 $268,400 $77,800 $190,600
2019 $3,700 $261,300 $76,300 $185,000
2018 $3,376 $227,800 $74,100 $153,700
2017 $3,357 $230,700 $74,100 $156,600
2016 $3,062 $206,600 $72,800 $133,800
2015 $2,815 $191,400 $72,800 $118,600
2014 $2,575 $173,400 $69,300 $104,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73074439

MLS Property Information Network (MLS PIN)

APN: ATTL-000031-000000-000093-A000000