NOT LISTED FOR SALE

240 School St Webster, MA 01570

Estimated Value: $373,406 - $496,000

8 Beds
5 Baths
2,912 Sq Ft
$147/Sq Ft Est. Value

Last Sold August 11, 2016

Last sale price $185,000 $64 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,662/month

45 Days on Market

About This Home

As of August 2016

Incredible Income Opportunity! This beautiful 3-family home offers 8 bedrooms & 4 bathrooms and tons of income potential. Beautifully updated kitchens, large bedrooms, spacious bathrooms, and stunning finishes including crown molding and tray ceilings are sure to attract tenants and ensure you top-dollar rent! Grassy back yard, drive way for 6 cars, and an above-ground pool top off this fantastic property. Call or email today to schedule your showing.

Last Agent to Sell the Property

John Miller

Keller Williams Pinnacle Central Listed on: 03/25/2016

Keller Williams Pinnacle Central

Last Buyer's Agent

Frances Alvarez

Palace Realty Boston

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,876

Year Built

1860

Lot Details

0

Listing Details

  • Lot Description: Gentle Slope, Other (See Remarks)
  • Property Type: Multi-family
  • Other Agent: 2.50
  • Lead Paint: Unknown
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1860

Interior Features

  • Has Basement: No
  • Number of Rooms: 15
  • Total Levels: 3

Exterior Features

  • Exterior: Vinyl
  • Exterior Features: Deck
  • Foundation: Fieldstone

Garage/Parking

  • Parking Spaces: 6

Utilities

  • Heat Zones: 3
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 3

Schools

  • Elementary School: Park Ave Elem
  • Middle School: Webster Middle
  • High School: Bartlett High

Lot Info

  • Assessor Parcel Number: M:2 B:C P:3
  • Zoning: MR-12

Multi Family

  • APOD Available: Yes
  • Total Bedrooms: 8
  • Total Floors: 3
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Total Levels: 3
  • Total Rms: 15
  • Total Rent_1: 2750

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2016
Closed on
Aug 11, 2016
Sold by
Kelly Thomas J
Bought by
Jimenez Bryan and Bonilla Jennifer C
Seller's Agent
John Miller
Keller Williams Pinnacle Central
Buyer's Agent
Frances Alvarez
Palace Realty Boston
List Price
$199,900
Sold Price
$185,000
Premium/Discount to List
-$14,900
-7.45%
Current Estimated Value
$429,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,352
Avg. Annual Appreciation
10.23%
Original Mortgage
$181,649
Outstanding Balance
$146,950
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$299,421

Purchase Details

Closed on
Sep 10, 2008
Sold by
Wells Fargo Bk
Bought by
Kelly Thomas J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2008
Sold by
Cubelo Martin
Bought by
Wells Fargo Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
6.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 1, 2005
Sold by
Lutz Brian H
Bought by
Cubeto Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 7, 1997
Sold by
Deboer Gerritt J and Deboer Deborah J
Bought by
Lutz Brian H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 1992
Sold by
Beneficial Mtg Co Mass
Bought by
Deboer Gerritt J and Deboer Deborah

Purchase Details

Closed on
Apr 10, 1989
Sold by
Oshea Barbara E
Bought by
B G R Rt
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
Jimenez Bryan $185,000 --
Kelly Thomas J $110,000 --
Us Bk -- --
Wells Fargo Bank Na $115,000 --
Cubeto Martin $205,000 --
Lutz Brian H $67,000 --
Deboer Gerritt J $54,000 --
B G R Rt $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jimenez Bryan $181,649
Previous Owner B G R Rt $60,000
Previous Owner B G R Rt $63,400
Previous Owner Kelly Thomas J $88,000
Previous Owner Cubeto Martin $184,500
Previous Owner Lutz Brian H $80,000
Previous Owner B G R Rt $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2016 08/11/16 Sold $185,000 +2.8% $64 / Sq Ft
05/09/2016 05/09/16 Pending -- -- --
04/25/2016 04/25/16 Price Changed $179,900 -10.0% $62 / Sq Ft
04/18/2016 04/18/16 For Sale $199,900 0.0% $69 / Sq Ft
04/02/2016 04/02/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $199,900 -- $69 / 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 $3,876 $326,300 $36,400 $289,900
2024 $3,823 $313,900 $35,000 $278,900
2023 $4,258 $340,600 $33,400 $307,200
2022 $3,873 $277,400 $32,400 $245,000
2021 $3,648 $241,600 $32,400 $209,200
2020 $3,303 $219,300 $32,400 $186,900
2019 $3,057 $199,400 $32,400 $167,000
2018 $2,816 $183,000 $32,400 $150,600
2017 $2,669 $176,400 $34,200 $142,200
2016 $1,641 $108,400 $34,200 $74,200
2015 $1,560 $106,300 $33,500 $72,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71977326

MLS Property Information Network (MLS PIN)

APN: WEBS-000002-C000000-000003