NOT LISTED FOR SALE

25 Main St Shirley, MA 01464

Estimated Value: $388,555

6 Beds
3 Baths
2,478 Sq Ft
$157/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $415,000 $167 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,042/month

5 Days on Market

Highlights

  • Cooling Available
  • Level Lot
  • Heating Available

About This Home

As of August 2021

Great 3 family Investment Cash Flow Opportunity. This building consists of a 1 BR, 2BR & 3BR apartment. Low maintenance building with recent upgrades done in all of the units. Large common area in basement with washer & dryers and plenty of space for extra storage . Parking for all units. Lead Certificates for all 3 Units. Walking distance to stores and restaurants as well as the Commuter rail, which runs to Boston. Easy access to Rt 2, 495 and 190. Come take advantage of the great cash flow opportunity for investors or owner-occupied while renting out the other units. $3,950 in monthly income! First showings at Open House Saturday 7/17 from 12-2pm. Offers due Monday 7/19 at 5pm.

Last Agent to Sell the Property

Mark Pitzi

Coldwell Banker Realty - Beverly Listed on: 07/14/2021

Coldwell Banker Realty - Beverly

Last Buyer's Agent

Zhenrong Jin

Cypress Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,058

Year Built

  • Built in 1910

Lot Details

  • 3,049 Sq Ft Lot
  • Level Lot

Home Design

  • Block Foundation
  • Shingle Roof

Interior Spaces

  • 2,478 Sq Ft Home
  • Property has 1 Level
  • Window Screens

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Bulkhead
  • Rain Gutters

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Community Details

  • 3 Units
  • Net Operating Income $45,600

Listing and Financial Details

  • Total Actual Rent $3,950
  • Rent includes unit 1(water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 743824

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,058

Year Built

Built in 1910

Lot Details

0

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: Gross/Full Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 4

Interior Features

  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Electric Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Basement: Full, Bulkhead, Concrete
  • Living Area: 2478
  • Stories Total: 4
  • Window Features: Screens
  • MAIN LO: AN6181
  • MAIN SO: AN3486

Exterior Features

  • Exterior Features: Rain Gutters
  • Foundation Details: Block
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC)
  • Heating: Unit 1(Electric Baseboard), Unit 2(Electric Baseboard), Unit 3(Electric Baseboard)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)

Lot Info

  • Parcel Number: 743824
  • Zoning: SV
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.07
  • Lot Size Sq Ft: 3049.2
  • Lot Size Units: Acres
  • LOT SIZE: 3049

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5058.18

Multi Family

  • Net Operating Income: 45600
  • Number Of Units Total: 3
  • Total Actual Rent: 3950
  • LEVELS 1: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2005
Sold by
Fidelity Coop Bank
Bought by
Pak Philsu
Current Estimated Value
$388,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$146,824
Interest Rate
5.73%
Mortgage Type
Commercial
Estimated Equity
$241,731

Purchase Details

Closed on
Feb 25, 2003
Sold by
B&J Rt and Jones Irving A
Bought by
Saydah Mark W and Saydah Wendy W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,600
Interest Rate
5.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 15, 1987
Sold by
Shirley Coop Bank
Bought by
Nashoba Invest Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pak Philsu $350,000 --
Saydah Mark W $262,000 --
Nashoba Invest Corp $21,041 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pak Philsu $280,000
Previous Owner Saydah Mark W $209,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2021 08/13/21 Sold $415,000 +3.8% $167 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $399,900 -- $161 / 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 $43 $329,800 $158,200 $171,600
2024 $4,306 $317,300 $150,500 $166,800
2023 $4,573 $322,500 $142,800 $179,700
2022 $4,992 $322,500 $142,800 $179,700
2021 $5,085 $307,600 $135,100 $172,500
2020 $4,955 $307,600 $135,100 $172,500
2019 $4,946 $307,600 $135,100 $172,500
2018 $4,987 $303,700 $131,200 $172,500
2017 $4,763 $288,300 $123,500 $164,800
2016 $4,291 $259,900 $117,700 $142,200
2015 $4,466 $258,000 $115,800 $142,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72865141

MLS Property Information Network (MLS PIN)

APN: SHIR-000016-C000000-000005