NOT LISTED FOR SALE

Estimated Value: $448,967 - $538,000

3 Beds
3 Baths
2,016 Sq Ft
$247/Sq Ft Est. Value

Last Sold September 01, 2022

Last sale price $379,000 $188 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,219/month

67 Days on Market

Highlights

  • Deck
  • Community Pool
  • Porch
  • Property is near public transit
  • Tennis Courts
  • Shops

About This Home

As of September 2022

BUYER LOST FINANCING. Three family investment opportunity in the French Hill area of Leominster! This building has three, one bedroom units with a detached two car garage, bonus storage in the basement, and off street parking. Electric utilities are metered separately. Each unit has its own hot water tank. Group showings/open house viewings only.

Last Agent to Sell the Property

Daniel Reiser

Results Realty Listed on: 05/12/2022

Last Buyer's Agent

Bryan Silva

Century 21 Custom Home Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,688

Year Built

  • Built in 1910

Lot Details

  • 6,881 Sq Ft Lot
  • Level Lot
  • Irregular Lot

Parking

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

Home Design

  • Triplex
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,016 Sq Ft Home
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Francis Drake Elementary School
  • Sky View Middle School
  • Leominster High School

Utilities

  • Heating Available
  • Separate Meters
  • Electric Water Heater

Listing and Financial Details

  • Rent includes unit 1(heat water), unit 2(heat water), unit 3(heat water)
  • Assessor Parcel Number M:0037 B:0010 L:0000,1577644

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Amenities

  • Shops

Recreation

  • Tennis Courts
  • Community Pool

Building Details

  • Electric Expense $231
  • Insurance Expense $1,467
  • Water Sewer Expense $750
  • Operating Expense $8,619
  • Net Operating Income $35,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,688

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 3 Family - 3 Units Up/Down
  • Year Built: 1910
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • 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: Varies Per Unit
  • Interior Amenities: 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,Microwave), Electric Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full
  • Living Area: 2016
  • Stories Total: 6
  • MAIN LO: K95580
  • LIST PRICE PER Sq Ft: 185.96
  • PRICE PER Sq Ft: 188
  • MAIN SO: AN4101

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Irregular
  • Patio And Porch Features: Porch, Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Heating: Unit 1(Steam,Oil), Unit 2(Steam,Oil), Unit 3(Steam,Oil)
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Highway Access, House of Worship, Private School, Public School, T-Station, University
  • Rent Includes: Unit 1(Heat,Water), Unit 2(Heat,Water), Unit 3(Heat,Water)

Fee Information

  • Water Sewer Expenses: 750

Lot Info

  • Parcel Number: M:0037 B:0010 L:0000,1577644
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 6881
  • Lot Size Units: Acres
  • PAGE: 209
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4688
  • Tax Book Number: 8788

Multi Family

  • Electric Expense: 231
  • Gross Income: 35640
  • Insurance Expense: 1467
  • Net Operating Income: 35640
  • Number Of Units Total: 3
  • Operating Expense: 8619
  • 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

MLS Schools

  • High School: Leominster High
  • Elementary School: Francis Drake
  • Middle Or Junior School: Sky View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2017
Closed on
Mar 31, 2017
Sold by
Hawthorne Mary B
Bought by
Cavanagh Brendan S and Nute Addison C
Seller's Agent
Pete Hawthorne
Keller Williams Realty North Central
Buyer's Agent
Nicholas Pelletier
Keller Williams Realty North Central
List Price
$199,000
Sold Price
$201,000
Premium/Discount to List
$2,000
1.01%
Current Estimated Value
$498,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$297,242
Avg. Annual Appreciation
11.44%
Original Mortgage
$150,750
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 29, 2014
Sold by
Bourque Roy A and Bourque Kathryn F
Bought by
Hawthorne Mary B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
4.14%
Mortgage Type
New Conventional
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
Cavanagh Brendan S $201,000 --
Hawthorne Mary B $175,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Assuncao Alan D $366,030
Closed Cavanagh Brendan S $193,900
Closed Cavanagh Brendan S $150,750
Previous Owner Hawthorne Mary B $131,250
Previous Owner Bourque Kathryn F $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2022 09/01/22 Sold $379,000 +1.1% $188 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
07/13/2022 07/13/22 For Sale $374,900 0.0% $186 / Sq Ft
05/28/2022 05/28/22 Pending -- -- --
05/24/2022 05/24/22 Price Changed $374,900 -6.3% $186 / Sq Ft
05/12/2022 05/12/22 For Sale $399,900 +99.0% $198 / Sq Ft
03/31/2017 03/31/17 Sold $201,000 +1.0% $100 / Sq Ft
02/05/2017 02/05/17 Pending -- -- --
01/31/2017 01/31/17 For Sale $199,000 0.0% $99 / Sq Ft
01/23/2017 01/23/17 Pending -- -- --
01/20/2017 01/20/17 For Sale $199,000 -- $99 / 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 $5,886 $419,500 $108,500 $311,000
2024 $5,357 $369,200 $103,300 $265,900
2023 $5,089 $327,500 $89,900 $237,600
2022 $4,688 $283,100 $78,100 $205,000
2021 $4,569 $252,000 $60,800 $191,200
2020 $3,952 $219,800 $57,600 $162,200
2019 $3,968 $214,000 $51,800 $162,200
2018 $3,938 $203,700 $50,300 $153,400
2017 $3,465 $175,600 $47,000 $128,600
2016 $3,223 $164,600 $47,000 $117,600
2015 $3,200 $164,600 $47,000 $117,600
2014 $3,047 $161,300 $50,600 $110,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72981034

MLS Property Information Network (MLS PIN)

APN: LEOM-000037-000010