J
Seller's Agent in 2016
Joseph Lilly
Sky Realty, LLC
(617) 504-9080
6 Total Sales
242 Parker St Gardner, MA 01440
Estimated Value: $272,000
22
Beds
11
Baths
9,018
Sq Ft
$30/Sq Ft
Est. Value
About This Home
As of June 2016PROPERTY NEEDS A TREMENDOUS AMOUNT OF WORK!! This is the one you have been waiting for. 11 units over two abutting separately, deeded buildings. A 6 unit which fronts on the street and a five unit set back, to the left. All two beds/one bath apartments. Potential rent of $79,200 per year. Two apartments are occupied by long term paying tenants at $600.00 and $650.00 per month. Plenty of parking. Good neighborhood. The two occupied units are located in the 6 unit. The front building needs a roof, windows, individual heating systems and cosmetics in the units. There is a brand new oil heating system, hot water tank currently serving the 2 occupied units and new fire alarm panel installed in front building. The rear building needs everything. Renovate the vacant 4 units in front while collecting the existing cash flow. Stabilize the 6 unit, then renovate the five with the cash flow from the 6 units.Combined assessment of $309,500.00! Will not be delivered with a smoke certificate.
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$1,114
Year Built
1920
Lot Details
0
Listing Details
- Lot Description: Paved Drive, Level
- Property Type: Multi-family
- Lead Paint: Unknown
- Special Features: None
- Property Sub Type: MultiFamily
- Year Built: 1920
Interior Features
- Has Basement: Yes
- Number of Rooms: 20
- Amenities: Public Transportation, Shopping
- Electric: Individually Metered
- Basement: Partial, Interior Access, Bulkhead
- Total Levels: 5
Exterior Features
- Roof: Rubber
- Construction: Frame
- Exterior: Wood, Vinyl
- Exterior Features: Porch
- Foundation: Fieldstone
Garage/Parking
- Parking: Off-Street
- Parking Spaces: 11
Utilities
- Heat Zones: 1
- Hot Water: Electric
- Utility Connections: for Gas Range
- Sewer: City/Town Sewer
- Water: City/Town Water
Condo/Co-op/Association
- Total Units: 11
Lot Info
- Zoning: Res
Multi Family
- Heat Units: 1
- Total Bedrooms: 22
- Total Floors: 10
- Total Full Baths: 11
- Total Levels: 3
- Total Rms: 44
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 29, 2016
Closed on
Jun 1, 2016
Sold by
La Belle Maison Llc
Bought by
Gfa Fcu
Seller's Agent
Joseph Lilly
Sky Realty, LLC
Buyer's Agent
Matthew Quinlan
Parsons Commercial Group, Inc.
List Price
$119,900
Sold Price
$110,000
Premium/Discount to List
-$9,900
-8.26%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,000
Avg. Annual Appreciation
10.14%
Purchase Details
Closed on
Mar 3, 2016
Sold by
Gorman Timothy P and City National Bank
Bought by
Labelle Maison Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gfa Fcu | $110,000 | -- | |
| Labelle Maison Llc | $10,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/01/2016 06/01/16 | Sold | $110,000 | -8.3% | $12 / Sq Ft |
| 03/28/2016 03/28/16 | Pending | -- | -- | -- |
| 02/29/2016 02/29/16 | For Sale | $119,900 | -- | $13 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
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 | $1,114 | $77,600 | $66,800 | $10,800 |
| 2024 | $1,072 | $71,500 | $60,700 | $10,800 |
| 2023 | $1,139 | $70,600 | $59,800 | $10,800 |
| 2022 | $842 | $45,300 | $45,300 | $0 |
| 2021 | $790 | $39,400 | $39,400 | $0 |
| 2020 | $778 | $39,400 | $39,400 | $0 |
| 2019 | $794 | $39,400 | $39,400 | $0 |
| 2018 | $799 | $39,400 | $39,400 | $0 |
| 2017 | $2,431 | $118,700 | $39,400 | $79,300 |
| 2016 | $2,430 | $118,700 | $39,400 | $79,300 |
| 2015 | $2,769 | $138,600 | $39,400 | $99,200 |
| 2014 | $3,893 | $206,300 | $43,800 | $162,500 |
Source: Public Records
Agents Affiliated with this Home
-
Joseph Lilly
-
Matthew Quinlan
Buyer's Agent in 2016
Matthew Quinlan
Parsons Commercial Group, Inc.
(508) 820-2700
23 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71964348
APN: GARD-000022M-000003-000046A
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