NOT LISTED FOR SALE

Estimated Value: $461,468 - $626,000

8 Beds
3 Baths
3,153 Sq Ft
$183/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $265,000 $84 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $3,772/month

33 Days on Market

About This Home

As of May 2016

Turn-key investment property, fully rented 3 unit with updates throughout. First floor offers two bedrooms plus dining room, living room and full bath. Second and third floor units offer 3 bedrooms, freshly painted, hardwood floors and new carpet. Prime location within minutes to highway access, downtown Leominster, shopping and local conveniences. Updated electric, enclosed front porches, open side porches, vinyl exterior, replacement windows, off street parking for 4+ vehicles. Oil heat first floor unit, gas heat second and third floor units.

Last Agent to Sell the Property

Heather Carbone

Central Mass Real Estate Listed on: 03/02/2016

Last Buyer's Agent

Michael Hout

StartPoint Realty

StartPoint Realty

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,008

Year Built

1899

Lot Details

0

Listing Details

  • Lot Description: Paved Drive, Level
  • Property Type: Multi-family
  • Other Agent: 1.00
  • Lead Paint: Unknown
  • Year Round: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1899

Interior Features

  • Has Basement: Yes
  • Number of Rooms: 15
  • Amenities: Public Transportation, Shopping, Park, Laundromat, Highway Access, Public School
  • Electric: Circuit Breakers
  • Energy: Insulated Windows, Insulated Doors
  • Flooring: Vinyl, Wall to Wall Carpet
  • Basement: Full, Interior Access
  • Total Levels: 3

Exterior Features

  • Roof: Tar & Gravel
  • Frontage: 62.00
  • Exterior: Vinyl
  • Exterior Features: Porch - Enclosed
  • Foundation: Fieldstone

Garage/Parking

  • Parking: Off-Street, Paved Driveway
  • Parking Spaces: 5

Utilities

  • Hot Water: Oil, Natural Gas, Tank, Tankless
  • Utility Connections: for Gas Range, for Gas Oven
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Schools

  • High School: Lhs

Lot Info

  • Zoning: RC

Multi Family

  • Foundation: 31x37
  • Total Bedrooms: 8
  • Total Floors: 6
  • Total Full Baths: 3
  • Total Levels: 3
  • Total Rms: 15
  • Total Rent_1: 2900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 10, 2020
Sold by
Ciccone Lorenzo G
Bought by
Similia Antonio
Current Estimated Value
$577,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,350
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 2, 2016
Closed on
May 20, 2016
Sold by
Terrell Deborah A
Bought by
Ciccone Lorenzo G
Seller's Agent
Heather Carbone
Central Mass Real Estate
Buyer's Agent
Michael Hout
StartPoint Realty
List Price
$269,900
Sold Price
$265,000
Premium/Discount to List
-$4,900
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%
Original Mortgage
$260,200
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 13, 2015
Sold by
230 Mechanic Street Rt
Bought by
Terrell Deborah A

Purchase Details

Closed on
Jun 17, 2010
Sold by
Fontaine Leonard R
Bought by
230 Mechanic Street Rt

Purchase Details

Closed on
Nov 10, 1995
Sold by
Fontaine Leo A and Fontaine Pauline
Bought by
Fontaine Leonard and Fontaine Pauline
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Similia Antonio $305,800 None Available
Ciccone Lorenzo G $265,000 --
Terrell Deborah A $100,000 --
230 Mechanic Street Rt -- --
Fontaine Leonard $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Similia Antonio $263,000
Closed Similia Antonio $229,350
Previous Owner Ciccone Lorenzo G $260,200
Previous Owner Fontaine Leonard $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2016 05/20/16 Sold $265,000 -1.8% $84 / Sq Ft
04/04/2016 04/04/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $269,900 -- $86 / 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 $7,008 $499,500 $111,900 $387,600
2024 $6,366 $438,700 $106,500 $332,200
2023 $6,044 $388,900 $92,600 $296,300
2022 $5,551 $335,200 $80,500 $254,700
2021 $5,497 $303,200 $62,700 $240,500
2020 $4,779 $265,800 $62,700 $203,100
2019 $4,872 $262,800 $59,700 $203,100
2018 $4,579 $236,900 $57,900 $179,000
2017 $3,924 $198,900 $54,100 $144,800
2016 $3,642 $186,000 $54,100 $131,900
2015 $3,616 $186,000 $54,100 $131,900
2014 $3,508 $185,700 $59,000 $126,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71966141

MLS Property Information Network (MLS PIN)

APN: LEOM-000044-000019A