NOT LISTED FOR SALE

227 Lincoln St Marlborough, MA 01752

Estimated Value: $650,627 - $804,000

7 Beds
2 Baths
2,961 Sq Ft
$244/Sq Ft Est. Value

Last Sold November 29, 2018

Last sale price $395,000 $133 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,421/month

47 Days on Market

About This Home

As of November 2018

LOOK AT THE RENTS IN THIS MULTI.... De-leaded 2 family with lots of updates including: 2 boilers, pipes, chimney liner, electrical panel, public bypass meter, 3 sump pumps, bulk head & some more new windows. 1st floor updates include: gas range, kitchen cabinets, Bath fitters tub surround, electrical wiring, ceiling fixtures. 2nd floor updates include: water heater, kitchen floor and range. Both units passed SMOC housing inspection. Long term tenants, great income, separate utilities. Great location near downtown restaurants, shops, ARRT bike trail & IC school. Public transportation MWRTA on Lincoln, Boston bus service at Newton St., Southborogh commuter rail, with easy access to I495, I290, Rt 20 & 85. Almost nothing to do but collect the rent. Priced to sell! Group Showing: Oct 25th @4:00pm

Last Agent to Sell the Property

Lyn Gorka

RE/MAX Executive Realty Listed on: 09/11/2018

RE/MAX Executive Realty

Last Buyer's Agent

Susan Clark

RE/MAX Vision

RE/MAX Vision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,851

Year Built

  • Built in 1905

Lot Details

  • 5,663

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile
  • Vinyl

Utilities

  • Water Holding Tank
  • Natural Gas Water Heater

Additional Features

  • Enclosed Patio or Porch
  • Year Round Access
  • Basement

Listing and Financial Details

  • Assessor Parcel Number M:056 B:352 L:000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,851

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Insc: 1548
  • Year Built Description: Approximate
  • List Price Per Sq Ft: 145.19
  • Comp Based On: Net Sale Price
  • Year Built: 1905
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Levels: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1905

Interior Features

  • Flooring: Wood, Tile, Vinyl, Wall to Wall Carpet
  • Total Flrs: 3
  • No Bedrooms: 7
  • Total Brs: 7
  • Full Bathrooms: 2
  • Total Fbh: 2
  • No Rooms: 10
  • Basement: Y
  • Basement Features: Full, Interior Access
  • Main Lo: BB1175
  • Main So: H29200
  • Estimated Sq Ft: 2961.00

Exterior Features

  • Frontage: 148.00
  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed
  • Foundation: Poured Concrete, Fieldstone, Irregular
  • Foundation Size: irr

Garage/Parking

  • Parking Feature: Off-Street, Paved Driveway
  • Parking Spaces: 4

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, Individually Metered
  • Heat Zones: 2
  • Hot Water: Natural Gas, Tank
  • Utility Connections: for Gas Range, for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access

Schools

  • Elementary School: Jaworek / IC
  • Middle School: Whitcomb / AMSA
  • High School: Marlbro/AMSA/AV

Lot Info

  • Assessments: 289100.00
  • Lot: 000
  • Acre: 0.13
  • Lot Size: 5644.00
  • Page: 178
  • Parcel Number: M:056 B:352 L:000
  • Zoning: Res B
  • Lot Description: Corner, Paved Drive, Level

Green Features

  • Energy Features: Insulated Windows, Insulated Doors

Multi Family

  • APOD Available: Yes
  • Heat Units: 2
  • Total Levels: 2
  • Total Rent: 4500
  • Total Rms: 10
  • No Units: 2
  • Mf Type: 2 Family

Tax Info

  • Taxes: 3514.00
  • Assessor Parcel Number: 611723

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2018
Closed on
Nov 30, 2018
Sold by
227 Lincoln Street Rt
Bought by
Young Daniel
Seller's Agent
Lyn Gorka
RE/MAX Executive Realty
Buyer's Agent
Susan Clark
RE/MAX Vision
List Price
$459,000
Sold Price
$395,000
Premium/Discount to List
-$64,000
-13.94%
Current Estimated Value
$723,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,157
Avg. Annual Appreciation
9.36%
Original Mortgage
$296,250
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 14, 2016
Closed on
Mar 22, 2016
Sold by
Frigon Joanne
Bought by
227 Lincoln Street Rt
Seller's Agent
Lyn Gorka
RE/MAX Executive Realty
Buyer's Agent
Lyn Gorka
RE/MAX Executive Realty
List Price
$339,900
Sold Price
$305,000
Premium/Discount to List
-$34,900
-10.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.09%
Original Mortgage
$244,000
Interest Rate
3.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 2, 2014
Sold by
Ls Rt and Frigon Joanne
Bought by
Frigon Joanne

Purchase Details

Listed on
Apr 12, 2012
Closed on
Jun 6, 2012
Sold by
Bravo Donna
Bought by
Ls Rt and Frigon Joanne
Seller's Agent
David Clark
Dora Naves & Associates
Buyer's Agent
Lyn Gorka
RE/MAX Executive Realty
List Price
$239,900
Sold Price
$231,500
Premium/Discount to List
-$8,400
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%
Original Mortgage
$375,000
Interest Rate
2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Apr 12, 2012
Closed on
May 29, 2012
Sold by
Lincoln Street Rt
Bought by
Bravo Donna
Seller's Agent
David Clark
Dora Naves & Associates
Buyer's Agent
Lyn Gorka
RE/MAX Executive Realty
List Price
$239,900
Sold Price
$231,500
Premium/Discount to List
-$8,400
-3.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
2%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 14, 2008
Sold by
Structured Asset Int
Bought by
Lincoln Street Rt and Bartolini Bruce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2008
Sold by
Fernandes Ronaldo E
Bought by
Us Bk

Purchase Details

Closed on
Aug 25, 2005
Sold by
Barrera Carlos and Barrera Elsa
Bought by
Fernandes Ronaldo E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,400
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 24, 1997
Sold by
Steele Thomas A
Bought by
Barrera Carlos and Barrera Elsa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,750
Interest Rate
7.15%
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
Young Daniel $395,000 --
227 Lincoln Street Rt $305,000 --
Frigon Joanne -- --
Ls Rt -- --
Bravo Donna $234,500 --
Lincoln Street Rt $147,500 --
Us Bk $240,000 --
Fernandes Ronaldo E $378,000 --
Barrera Carlos $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Young Daniel $299,000
Closed Young Daniel $296,250
Previous Owner 227 Lincoln Street Rt $244,000
Previous Owner Bravo Donna $375,000
Previous Owner Bravo Donna $171,750
Previous Owner Barrera Carlos $95,000
Previous Owner Lincoln Street Rt $190,000
Previous Owner Fernandes Ronaldo E $302,400
Previous Owner Fernandes Ronaldo $75,600
Previous Owner Barrera Carlos $200,000
Previous Owner Barrera Carlos $166,000
Previous Owner Barrera Carlos $30,841
Previous Owner Barrera Carlos $87,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2018 11/29/18 Sold $395,000 -8.1% $133 / Sq Ft
10/28/2018 10/28/18 Pending -- -- --
10/17/2018 10/17/18 Price Changed $429,900 -6.3% $145 / Sq Ft
09/11/2018 09/11/18 For Sale $459,000 +50.5% $155 / Sq Ft
03/22/2016 03/22/16 Sold $305,000 -10.3% $103 / Sq Ft
01/25/2016 01/25/16 Pending -- -- --
01/14/2016 01/14/16 For Sale $339,900 +46.8% $115 / Sq Ft
05/29/2012 05/29/12 Sold $231,500 -3.5% $78 / Sq Ft
04/29/2012 04/29/12 Pending -- -- --
04/12/2012 04/12/12 For Sale $239,900 -- $81 / 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 $5,851 $593,400 $165,300 $428,100
2024 $5,576 $544,500 $150,200 $394,300
2023 $5,866 $508,300 $117,900 $390,400
2022 $5,634 $429,400 $112,300 $317,100
2021 $4,982 $361,000 $91,500 $269,500
2020 $4,790 $337,800 $89,200 $248,600
2019 $4,547 $323,200 $87,400 $235,800
2018 $4,230 $289,100 $77,000 $212,100
2017 $3,870 $252,600 $76,900 $175,700
2016 $3,893 $253,800 $76,900 $176,900
2015 $3,514 $223,000 $81,100 $141,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72393506

MLS Property Information Network (MLS PIN)

APN: MARL-000056-000352