NOT LISTED FOR SALE

213 Water St Unit 215 Fitchburg, MA 01420

Estimated Value: $562,526

4 Beds
4.5 Baths
4,016 Sq Ft
$140/Sq Ft Est. Value

Last Sold January 09, 2023

Last sale price $445,000 $111 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,573/month

29 Days on Market

Highlights

  • Granite Flooring
  • Porch
  • Coin Laundry
  • Property is near public transit
  • Shops
  • 4-minute walk to Sadie Quatrale Park

About This Home

As of January 2023

Investors and Land Lords LOOK....4 Family MOVE-IN-READY! plus a great commercial space on Water Street. All 4 1 bedrooms have been repainted, hard wood refinished, new lights, and ready for you to start renting! Off-Street Parking for all units including the commercial space is included with the property. All units are heated with Natural Gas. Just a few blocks from down town Fitchburg, 1 block from Market Basket, and close to the MBTA and Fitchburg State College. Open House This weekend Saturday and Sunday from 11:00 to 1:00.

Last Agent to Sell the Property

David King

RE/MAX Diverse License #453013427 Listed on: 10/06/2022

Last Buyer's Agent

Hollie Strandson

Real Broker MA, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,251

Year Built

  • Built in 1900

Lot Details

  • 5,121 Sq Ft Lot
  • Property fronts an easement

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,016 Sq Ft Home
  • Insulated Windows

Flooring

  • Wood
  • Granite
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • 5 Heating Zones
  • Heating Available
  • 220 Volts
  • Natural Gas Connected
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1505559

Community Details

Overview

  • 4 Units
  • Property has 1 Level

Amenities

  • Shops
  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,251

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1900
  • Buyer Agency: 2
  • Transaction Broker: 2
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 7

Interior Features

  • Flooring: Wood,Vinyl
  • Fireplace YN: No
  • Appliances: Unit 1(Range), Unit 2(Range), Unit 3(Range), Unit 4(Range), Electric Water Heater, Utility Connections for Gas Oven
  • Total Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bathrooms: 4.5
  • Living Area: 4016
  • Stories Total: 7
  • Window Features: Insulated Windows
  • MAIN LO: AN4217
  • LIST PRICE PER Sq Ft: 124.25
  • PRICE PER Sq Ft: 110.81
  • MAIN SO: NB5012

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Granite
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Assigned
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Oven
  • Heating: Unit 1(Gas,Hot Air Gravity), Unit 2(Gas,Hot Air Gravity), Unit 3(Gas,Hot Air Gravity), Unit 4(Gas,Hot Air Gravity)
  • Electric: 220 Volts, Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • SEWAGE DISTRICT: Fitch
  • HEAT UNITS: 5
  • HEAT ZONES: 5
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Laundromat, Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Senior Community YN: No

Lot Info

  • Parcel Number: 1505559
  • Zoning: CBB
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements
  • Lot Size Acres: 0.12
  • Lot Size Area: 0.12
  • Lot Size Sq Ft: 5121
  • Lot Size Units: Acres
  • PAGE: 199
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6251
  • Tax Book Number: 8685

Multi Family

  • Number Of Units Total: 4
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2016
Sold by
John F Masciarelli Rea
Bought by
Pfmg Holdings Llc
Current Estimated Value
$562,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,725,000
Outstanding Balance
$1,392,045
Interest Rate
3.5%
Mortgage Type
Commercial
Estimated Equity
-$844,674
Source: Public Records

Range of Values:

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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
Pfmg Holdings Llc $1,010,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merrimack Vly Rlty Grp $472,500
Closed Merrimack Vly Rlty Grp Ll $333,750
Open Pfmg Holdings Llc $1,725,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2023 01/09/23 Sold $445,000 -10.8% $111 / Sq Ft
11/05/2022 11/05/22 Pending -- -- --
10/06/2022 10/06/22 For Sale $499,000 -- $124 / 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 $6,092 $450,900 $86,100 $364,800
2024 $7,174 $484,400 $71,700 $412,700
2023 $6,474 $404,100 $69,100 $335,000
2022 $6,252 $355,000 $65,300 $289,700
2021 $6,194 $325,500 $62,000 $263,500
2020 $5,921 $300,400 $60,200 $240,200
2019 $0 $224,100 $60,200 $163,900
2018 $0 $184,600 $27,300 $157,300
2017 $0 $181,800 $25,000 $156,800
2016 -- $178,500 $25,000 $153,500
2015 -- $191,200 $26,200 $165,000
2014 -- $197,800 $26,200 $171,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73045345

MLS Property Information Network (MLS PIN)

APN: FITC-000069-000067