NOT LISTED FOR SALE

240 Old Main St Tewksbury, MA 01876

Estimated Value: $579,477 - $689,000

3 Beds
2 Baths
1,602 Sq Ft
$389/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $490,000 $306 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,788/month

6 Days on Market

Highlights

  • 1 Fireplace
  • Porch
  • Heating Available
  • Corner Lot
  • 2 Car Garage

About This Home

As of July 2022

Solid up/down 2 family located in close proximity to Rt 495. First floor unit has FHW gas heat and second floor has stream heat by gas. Separate electric. The hot water is also gas and can easily be separated. Unit 1 (first floor) is comprised of the following rooms: kitchen, bedroom, 3/4 bathroom, and in-unit laundry. Notable features: updated eat-in kitchen with shiplap ceiling, tile backsplash, wainscoting, shiplap accent wall in living room, vinyl plank flooring, hardwood flooring, and ceiling fans. Unit 2 (2nd/3rd floor) comprised of the following rooms: kitchen, living room, dining room, 2 bedrooms one of which is a walk-through ( both located on 3rd floor). The dining room was previously a bedroom and could be converted back into one (already has a closet). 2 car garage! Great property for an investor or owner occupant!

Last Agent to Sell the Property

Jeffrey Borstell

J. Borstell Real Estate, Inc. Listed on: 04/21/2022

Last Buyer's Agent

Emily Medwar

Barrett Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,613

Year Built

  • Built in 1900

Lot Details

  • 0.3 Acre Lot
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Garage
  • Open Parking

Home Design

  • Duplex
  • Stone Foundation

Interior Spaces

  • 1,602 Sq Ft Home
  • Property has 1 Level
  • 1 Fireplace
  • Basement Fills Entire Space Under The House
  • Washer and Electric Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Porch

Utilities

  • Heating Available
  • Gas Water Heater
  • Private Sewer

Community Details

  • 2 Units
  • Net Operating Income $18,900

Listing and Financial Details

  • Total Actual Rent $1,575
  • Rent includes unit 1(water), unit 2(water hot water)
  • Assessor Parcel Number M:0023 L:0008 U:0000,789643

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,613

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Dining Room,Kitchen)
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Unit 1(Refrigerator), Unit 2(Refrigerator), Gas Water Heater,Tank Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Washer Hookup
  • Basement: Full
  • Living Area: 1602
  • Stories Total: 3
  • MAIN LO: G80038
  • MAIN SO: AN0538

Exterior Features

  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Private Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup
  • Heating: Unit 1(Hot Water Radiators,Steam), Unit 2(Hot Water Radiators,Steam)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water,Hot Water)

Lot Info

  • Parcel Number: M:0023 L:0008 U:0000,789643
  • Zoning: IH
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.3
  • Lot Size Sq Ft: 12884
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5613

Multi Family

  • Net Operating Income: 18900
  • Number Of Units Total: 2
  • Total Actual Rent: 1575
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: N
  • LEASE 1: N

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 1992
Sold by
240 Old Main St Rt
Bought by
Keenan Patrick T
Current Estimated Value
$623,119

Purchase Details

Closed on
Aug 12, 1992
Sold by
Crickett John F and Crickett Josephine
Bought by
240 Old Main St Rt
Source: Public Records

Range of Values:

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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
Keenan Patrick T $132,000 --
240 Old Main St Rt $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 240 Old Main St Rt $97,000
Closed 240 Old Main St Rt $50,000
Closed 240 Old Main St Rt $108,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2022 07/22/22 Sold $490,000 -2.0% $306 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/21/2022 04/21/22 For Sale $499,900 -- $312 / 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 $6,328 $478,700 $259,000 $219,700
2024 $6,190 $462,300 $246,700 $215,600
2023 $5,905 $418,800 $224,200 $194,600
2022 $5,613 $369,300 $195,100 $174,200
2021 $4,873 $310,000 $168,000 $142,000
2020 $4,716 $295,300 $160,000 $135,300
2019 $4,381 $276,600 $152,400 $124,200
2018 $4,462 $276,600 $152,400 $124,200
2017 $4,170 $255,700 $152,400 $103,300
2016 $4,163 $254,600 $152,400 $102,200
2015 $4,099 $250,400 $159,100 $91,300
2014 $3,928 $243,800 $159,100 $84,700
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Borstell

    Seller's Agent in 2022

    Jeffrey Borstell

    J. Borstell Real Estate, Inc.

    (978) 502-8045

    71 in this area

    186 Total Sales

    Jeffrey Borstell
    Section Image
  • Emily Medwar

    Buyer's Agent in 2022

    Emily Medwar

    Barrett Sotheby's International Realty

    (781) 572-7152

    3 in this area

    87 Total Sales

    Emily Medwar
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72970116

MLS Property Information Network (MLS PIN)

APN: TEWK-000023-000000-000008

Massachusetts Middlesex County Tewksbury 01876

240 Old Main St, Tewksbury, MA

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