NOT LISTED FOR SALE

242 Pine St Gardner, MA 01440

Estimated Value: $455,000 - $511,000

9 Beds
3 Baths
3,048 Sq Ft
$156/Sq Ft Est. Value

Last Sold September 03, 2021

Last sale price $250,000 $82 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $2,488/month

2 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit and schools
  • Shops
  • Deck
  • Screened Porch
  • 2 Car Garage

About This Home

As of September 2021

Here is a great opportunity to purchase an investment property that will be vacant at closing or purchase as an owner occupant and let the rent pay your mortgage! Each unit has 3 bedrooms, bath, large kitchen, living/dining room, pantry, and front enclosed porch. Layout also allows for 2 bedrooms and a LARGE living room with separate dining room. The two car garage attaches in the basement and allows for more storage or parking. Units are individually metered for gas, electric, and has their own newer gas fired HW boilers! Property needs some TLC and can generate great cash flow!

Last Agent to Sell the Property

Daniel Reiser

Results Realty Listed on: 07/06/2021

Last Buyer's Agent

Michael Sacco

Keller Williams Realty North Central License #454502719

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,487

Year Built

  • Built in 1910

Lot Details

  • 9,583 Sq Ft Lot
  • Irregular Lot
  • Gentle Sloping Lot

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Rubber Roof

Interior Spaces

  • 3,048 Sq Ft Home
  • Screened Porch
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Garage Access

Utilities

  • No Cooling
  • Heating Available
  • Separate Meters
  • Gas Water Heater

Additional Features

  • Deck
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $825
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number M:R22 B:11 L:33,3536705

Community Details

Overview

  • 3 Units
  • Property has 1 Level

Recreation

  • Golf Course Community

Additional Features

  • Shops
  • Net Operating Income $9,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,487

Year Built

Built in 1910

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1910
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 6

Interior Features

  • Flooring: Vinyl,Varies Per Unit,Laminate
  • Interior Amenities: Unit 1(Pantry,Bathroom With Tub & Shower), Unit 2(Pantry,Bathroom With Tub & Shower), Unit 3(Pantry,Bathroom With Tub & Shower), Unit 1 Rooms(Dining Room,Kitchen), Unit 2 Rooms(Dining Room,Kitchen), Unit 3 Rooms(Dining Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Dishwasher,Refrigerator), Unit 3(Range,Dishwasher,Refrigerator), Gas Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 9
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Garage Access, Unfinished
  • Living Area: 3048
  • Stories Total: 6
  • MAIN LO: K95580
  • MAIN SO: K95580

Exterior Features

  • Construction Materials: Frame, Conventional (2x4-2x6)
  • Foundation Details: Irregular
  • Patio And Porch Features: Porch, Enclosed, Screened, Deck - Wood
  • Road Frontage Type: Public
  • Roof: Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Unit 2(None), Unit 3(None)
  • Heating: Unit 1(Hot Water Baseboard,Gas), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers, Individually Metered
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Golf, Highway Access, House of Worship, Public School
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Lot Info

  • Parcel Number: M:R22 B:11 L:33,3536705
  • Zoning: Res
  • Farm Land Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.2
  • Lot Size Units: Acres
  • LOT SIZE: 9792

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3487

Multi Family

  • Net Operating Income: 9900
  • Number Of Units Total: 3
  • Total Actual Rent: 825
  • LEVELS 1: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2022
Sold by
Molina Landmark Llc
Bought by
Molina Realty Llc
Current Estimated Value
$475,512

Purchase Details

Closed on
Sep 27, 2007
Sold by
Barrett James A and Barrett Joanne M
Bought by
Orcutt Laurie A and Orcutt Roger A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,369
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 1990
Sold by
Canu John T
Bought by
Barrett Joanne P
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Molina Realty Llc -- None Available
Orcutt Laurie A $235,000 --
Barrett Joanne P $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orcutt Laurie A $231,369
Previous Owner Barrett Joanne P $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2021 09/03/21 Sold $250,000 +4.2% $82 / Sq Ft
07/08/2021 07/08/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $239,900 -- $79 / 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 $49 $342,100 $68,400 $273,700
2024 $4,017 $268,000 $62,200 $205,800
2023 $3,921 $243,100 $61,300 $181,800
2022 $3,789 $203,800 $46,400 $157,400
2021 $3,487 $174,000 $40,300 $133,700
2020 $3,109 $157,500 $40,300 $117,200
2019 $2,989 $148,400 $40,300 $108,100
2018 $2,785 $137,400 $40,300 $97,100
2017 $2,738 $133,700 $40,300 $93,400
2016 $2,737 $133,700 $40,300 $93,400
2015 $3,257 $163,000 $40,300 $122,700
2014 $3,091 $163,800 $44,800 $119,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72860887

MLS Property Information Network (MLS PIN)

APN: GARD-000022R-000011-000033