NOT LISTED FOR SALE

21 Franklin St Fitchburg, MA 01420

Estimated Value: $507,000 - $562,000

6 Beds
3 Baths
2,967 Sq Ft
$182/Sq Ft Est. Value

Last Sold April 06, 2023

Last sale price $275,000 $93 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $3,338/month

Highlights

  • Golf Course Community
  • Property is near public transit
  • Wood Flooring
  • Medical Services
  • Wooded Lot
  • Community Pool

About This Home

As of April 2023

Buyer was not patient waiting for City to clear up a issue on their records. The new record card on MLS IT IS NOW UP-TO-DATE & READ NOTES ON ATTACHED CITY CARD. Large centrally located 3 Family Multi unit ! Rents are below market value and all are TAWS! Separate utilities! Units have open concept living with eat in large kitchens. Built ins. First unit has hardwood flooring. Seller during ownership upgraded roof and units as needed! Hallways fresh paint.Ready for your small touches if you want to increase the rents for additional CA$H flow! Off street paved parking. Wooded lot and back yard for Summer gatherings to come. Perfect for owner occupied, first investment or add to your portfolio. Close to major highways, shopping restaurants, recreation, The"T" all in a University Town! Please wear masks in respect to tenants homes! due to the amount of showings requests

Last Agent to Sell the Property

Kelle O'Keefe

Keller Williams Realty North Central Listed on: 03/01/2023

Keller Williams Realty North Central

Last Buyer's Agent

Maureen Borinski

Realty Vision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,741

Year Built

  • Built in 1920

Lot Details

  • 6,431 Sq Ft Lot
  • Wooded Lot

Home Design

  • Triplex
  • Frame Construction
  • Shingle Roof
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,967 Sq Ft Home
  • Insulated Windows
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

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

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $2,500
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 1504426

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path

Building Details

  • Insurance Expense $880
  • Operating Expense $880
  • Net Operating Income $26,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,741

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1920
  • Buyer Agency: 2
  • Transaction Broker: 1.5
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Wood,Vinyl,Carpet,Varies Per Unit,Laminate
  • Interior Amenities: Other (See Remarks), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Gas Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 2967
  • Stories Total: 6
  • Window Features: Insulated Windows
  • MAIN LO: K95580
  • LIST PRICE PER Sq Ft: 97.71
  • PRICE PER Sq Ft: 92.69
  • MAIN SO: H95165

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Concrete Perimeter
  • Road Frontage Type: Public
  • Roof: Shingle, Rubber
  • Waterfront YN: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Electric)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Lot Info

  • Parcel Number: 1504426
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Wooded
  • Lot Size Acres: 0.15
  • Lot Size Area: 0.15
  • Lot Size Sq Ft: 6431
  • Lot Size Units: Acres
  • PAGE: 90
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4740.61
  • Tax Book Number: 7381

Multi Family

  • Gross Income: 27600
  • Insurance Expense: 880
  • Net Operating Income: 26720
  • Number Of Units Total: 3
  • Operating Expense: 880
  • Total Actual Rent: 2500
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2011
Sold by
Donovan Robert
Bought by
Acosta Wesley
Current Estimated Value
$540,000

Purchase Details

Closed on
Jul 10, 2003
Sold by
Basile Clara I and Orlando Clara I
Bought by
Donovan Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,100
Interest Rate
5.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 25, 1989
Sold by
Isabelle Keith
Bought by
Sepulveda Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
10.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Acosta Wesley $64,000 --
Donovan Robert $179,000 --
Sepulveda Maria $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sepulveda Maria $46,000
Previous Owner Donovan Robert $161,100
Previous Owner Sepulveda Maria $81,600
Previous Owner Sepulveda Maria $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2023 04/06/23 Sold $275,000 -5.1% $93 / Sq Ft
03/01/2023 03/01/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $289,900 -- $98 / 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 $5,801 $429,400 $85,900 $343,500
2024 $5,221 $352,500 $50,800 $301,700
2023 $5,085 $317,400 $39,800 $277,600
2022 $4,741 $269,200 $35,000 $234,200
2021 $3,108 $191,500 $26,500 $165,000
2020 $3,331 $169,000 $21,700 $147,300
2019 $2,647 $129,200 $30,100 $99,100
2018 $2,387 $113,600 $27,700 $85,900
2017 $2,276 $105,900 $25,300 $80,600
2016 $2,280 $107,400 $25,300 $82,100
2015 $2,372 $114,700 $26,500 $88,200
2014 $2,332 $117,600 $26,500 $91,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73083209

MLS Property Information Network (MLS PIN)

APN: FITC-000053-000039