NOT LISTED FOR SALE

21 Mechanic St Webster, MA 01570

Estimated Value: $519,700 - $599,000

10 Beds
3 Baths
4,000 Sq Ft
$141/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $415,000 $104 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,499/month

5 Days on Market

Highlights

  • Medical Services
  • Solid Surface Countertops
  • Living Room
  • Corner Lot
  • Bathtub
  • Tile Flooring

About This Home

As of July 2021

Great 3 family apartment for rental investment, all units occupied. Building has two 4-Bedroom units & one 2-Bedroom Unit, which were completely renovated in 2019. The building was taken down to the studs and everything is new: plumbing (separate water meters), electrical (individual meters), roof, kitchens, bathrooms and everything else. Each unit has new kitchen and bathroom. New windows and new gas baseboard heating system provide an efficient home. The eat-in kitchens feature: granite counters, tile backsplash, stainless steel appliances (refrigerator, oven/range and microwave), modern vinyl plank flooring. The bathrooms have tubs with tile floor and tile backsplash. All bedrooms have spacious closets and new carpet. Off road parking and camera security system in all common areas. Brand new fire sprinkler system. Coin-op washer and dryer generates additional income.

Last Agent to Sell the Property

Edmund Wong

New Year Realty Listed on: 06/08/2021

Last Buyer's Agent

Leonidas Dosreis

Property Investors & Advisors, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,268

Year Built

  • Built in 1890 | Remodeled

Lot Details

  • 4,792 Sq Ft Lot
  • Corner Lot

Home Design

  • Frame Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,000 Sq Ft Home
  • Living Room
  • Dining Room
  • Unfinished Basement

Kitchen

  • Range
  • Microwave
  • Solid Surface Countertops

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 3 Full Bathrooms
  • Bathtub

Parking

  • 3 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Utilities

  • No Cooling
  • 3 Heating Zones
  • Heating System Uses Natural Gas
  • 110 Volts
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,172
  • Rent includes unit 1(water other (see remarks)), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:1 B:N P:1,1744816

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Medical Services

Building Details

  • Electric Expense $1,500
  • Insurance Expense $3,000
  • Water Sewer Expense $2,500
  • Operating Expense $12,200
  • Net Operating Income $37,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,268

Year Built

Built in 1890 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Property Condition: Updated/Remodeled, Unit 1 Remodeled, Unit 2 Remodeled, Unit 3 Remodeled
  • Year Built: 1890
  • Buyer Agency: 2.5%
  • Buyer Agency Type: %
  • Transaction Broker: 0
  • Transaction Broker Type: %
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Tile,Vinyl,Carpet,Laminate, Tile Floor, Unit 1(undefined), Unit 2(Tile Floor,Wall to Wall Carpet), Unit 3(Tile Floor,Wall to Wall Carpet)
  • Interior Amenities: Lead Certification Available, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Living Room, Dining Room, Kitchen, Unit 1(Lead Certification Available,Stone/Granite/Solid Counters,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub,Programmable Thermostat), Unit 2(Lead Certification Available,Stone/Granite/Solid Counters,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub,Programmable Thermostat), Unit 3(Lead Certification Available,Stone/Granite/Solid Counters,Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub,Programmable Thermostat), Unit 1 Rooms(Living Room,Dining Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Kitchen,Living RM/Dining RM Combo)
  • Fireplace YN: No
  • Appliances: Range, Microwave, Refrigerator, Unit 1(Range,Microwave,Refrigerator), Unit 2(Range,Microwave,Refrigerator), Unit 3(Range,Microwave,Refrigerator), Gas Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 10
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Unfinished
  • Living Area: 4000
  • Stories Total: 6
  • MAIN LO: AN1076
  • LIST PRICE PER Sq Ft: 99.75
  • PRICE PER Sq Ft: 103.75
  • MAIN SO: AN4402

Exterior Features

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

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: None, Unit 1(Unit Control), Unit 2(Unit Control), Unit 3(Unit Control)
  • Heating: Natural Gas, Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
  • Cooling Y N: No
  • Electric: 110 Volts
  • Heating YN: Yes
  • Water Source: Public, Individual Meter
  • HEAT UNITS: 3
  • HEAT ZONES: 3
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Medical Facility
  • Rent Includes: Unit 1(Water,Other (See Remarks)), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2500

Lot Info

  • Parcel Number: M:1 B:N P:1,1744816
  • Zoning: MR-12,
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4791.6
  • Lot Size Units: Acres
  • LOT SIZE: 4707
  • PAGE: 107

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3268
  • Tax Book Number: 17581

Multi Family

  • Electric Expense: 1500
  • Gross Income: 49440
  • Insurance Expense: 3000
  • Net Operating Income: 37240
  • Number Of Units Total: 3
  • Operating Expense: 12200
  • Total Actual Rent: 4172
  • LEVELS 1: 1
  • LEVELS 2: 1
  • LEVELS 3: 3
  • LEASE 3: Y
  • 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
Jun 8, 2021
Closed on
Jul 23, 2021
Sold by
Jpeg Realty Inc
Bought by
Rodriguez Junior and Rodriguez Angelica D
Seller's Agent
Edmund Wong
New Year Realty
Buyer's Agent
Leonidas Dosreis
Property Investors & Advisors, LLC
List Price
$399,000
Sold Price
$415,000
Premium/Discount to List
$16,000
4.01%
Current Estimated Value
$565,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,425
Avg. Annual Appreciation
7.30%
Original Mortgage
$303,000
Outstanding Balance
$278,700
Interest Rate
2.96%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$278,800

Purchase Details

Closed on
Nov 4, 2016
Sold by
Sgouritsas John and Sgouritsas Eleni
Bought by
Jpeg Realty Inc
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
Rodriguez Junior $415,000 None Available
Jpeg Realty Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Junior $303,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2021 07/23/21 Sold $415,000 +4.0% $104 / Sq Ft
06/13/2021 06/13/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $399,000 -- $100 / 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 $6,017 $506,500 $48,800 $457,700
2024 $5,935 $487,300 $47,000 $440,300
2023 $4,820 $385,600 $44,700 $340,900
2022 $3,440 $246,400 $43,400 $203,000
2021 $3,268 $216,400 $43,400 $173,000
2020 $2,965 $196,900 $43,400 $153,500
2019 $1,124 $73,300 $43,400 $29,900
2018 $0 $64,800 $43,400 $21,400
2017 $0 $42,500 $42,500 $0
2016 -- $64,800 $42,500 $22,300
2015 $2,245 $152,900 $41,700 $111,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72845375

MLS Property Information Network (MLS PIN)

APN: WEBS-000001-N000000-000001