NOT LISTED FOR SALE

Estimated Value: $360,538 - $443,000

9 Beds
3 Baths
3,488 Sq Ft
$119/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $250,000 $72 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $2,663/month

5 Days on Market

About This Home

As of January 2021

INVESTMENT OPPORTUITY: Investors and Owner Occupied Buyers alike take note! Fully rented 3-Family building located in a popular rental area with easy access to public amenities including major roadways, transportation, shopping, parks and entertainment. Each unit has 5 rooms, 3 bedrooms, 1 bath, a large eat-in kitchen and pantry, as well as hardwood flooring, updated kitchen and bath, and multiple porches. Major improvements include architectural roof, vinyl siding, vinyl replacement windows, 2020 re-built rear porches, updated circuit breakers including owner's box, 2 newer gas boilers, one 2020 gas furnace, as well as newer (all rented) gas water tanks. Tenants enjoy one off-street parking space and basement storage spaces. Each unit is separately metered for gas and electric, and there is also a washer/dryer hook-up in the basement for future coin-op appliances. 3 Lead Compliance Letters; Professionally managed with long term tenants including 5+ years, 4 years and one at 6 months.

Last Agent to Sell the Property

Angela Accorsi

Coldwell Banker Realty - Western MA Listed on: 12/03/2020

Coldwell Banker Realty - Western MA

Last Buyer's Agent

Michelle Burgess

LPT Realty, LLC

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,110

Year Built

  • Built in 1900

Lot Details

  • 4,356

Flooring

  • Wood
  • Laminate
  • Vinyl

Utilities

  • Water Holding Tank
  • Water Heater Leased
  • Natural Gas Water Heater

Additional Features

  • Porch
  • Year Round Access
  • Basement

Listing and Financial Details

  • Assessor Parcel Number S:08675 P:0111

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,110

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-family
  • Other Agent: 1.25
  • Year Built Description: Actual, Renovated Since
  • List Price Per Sq Ft: 68.49
  • Comp Based On: Net Sale Price
  • Year Built: 1900
  • Lead Paint: Certified Treated
  • Year Round: Yes
  • Levels: 3
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3
  • Year Built: 1900

Interior Features

  • Flooring: Wood, Vinyl, Laminate
  • Total Flrs: 6
  • No Bedrooms: 9
  • Total Brs: 9
  • Full Bathrooms: 3
  • Total Fbh: 3
  • No Rooms: 15
  • Basement: Y
  • Basement Features: Full, Concrete Floor, Unfinished Basement, Exterior Access
  • Main Lo: AN6181
  • Main So: AC2249
  • Estimated Sq Ft: 3488.00

Exterior Features

  • Construction: Frame
  • Roof Material: Asphalt/Fiberglass Shingles
  • Exterior: Vinyl
  • Exterior Features: Porch
  • Foundation: Brick

Garage/Parking

  • Parking Feature: Off-Street, Tandem, Paved Driveway
  • Parking Spaces: 3

Utilities

  • Sewer: City/Town Sewer
  • Water: City/Town Water
  • Electric Features: Circuit Breakers, Individually Metered
  • Hot Water: Natural Gas, Tank, Leased Heater
  • Utility Connections: for Electric Range, for Electric Dryer, Washer Hookup

Condo/Co-op/Association

  • Amenities: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School

Lot Info

  • Assessments: 157200.00
  • Acre: 0.10
  • Lot Size: 4500.00
  • Page: 395
  • Parcel Number: S:08675 P:0111
  • Zoning: R2
  • Lot Description: Paved Drive, Level

Green Features

  • Energy Features: Insulated Windows, Insulated Doors, Prog. Thermostat, Varies per Unit

Multi Family

  • APOD Available: Yes
  • Heat Units: 3
  • Total Levels: 3
  • Total Rent: 2450
  • Total Rms: 15
  • No Units: 3
  • Mf Type: 3 Family

Tax Info

  • Taxes: 3070.00
  • Assessor Parcel Number: 2596039
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2020
Closed on
Jan 29, 2021
Sold by
Pease Mark A and Pease Marisa A
Bought by
Burgess Charles R
Seller's Agent
Angela Accorsi
Coldwell Banker Realty - Western MA
Buyer's Agent
Michelle Burgess
LPT Realty, LLC
List Price
$238,900
Sold Price
$250,000
Premium/Discount to List
$11,100
4.65%
Current Estimated Value
$413,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,635
Avg. Annual Appreciation
10.68%
Original Mortgage
$245,471
Outstanding Balance
$219,935
Interest Rate
2.67%
Mortgage Type
FHA
Estimated Equity
$179,145

Purchase Details

Closed on
Jul 31, 2007
Sold by
Hatwood Dana and Hatwood Derrick J
Bought by
Pease Marisa A and Pease Mark B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
6.78%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2007
Sold by
Rivera Adalberta E
Bought by
Hatwood Dana and Hatwood Derrick J

Purchase Details

Closed on
Aug 23, 1996
Sold by
Heritage Bk Svgs
Bought by
Jimenez Luz and Rivera Adalberta F

Purchase Details

Closed on
Nov 17, 1994
Sold by
Steffy Paul S
Bought by
Heritage Bk Svgs and Fdic
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
Burgess Charles R $250,000 None Available
Pease Marisa A $190,000 --
Hatwood Dana $55,000 --
Jimenez Luz $10,000 --
Heritage Bk Svgs $32,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burgess Charles R $245,471
Previous Owner Pease Mark B $137,836
Previous Owner Pease Marisa A $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $250,000 +4.6% $72 / Sq Ft
12/08/2020 12/08/20 Pending -- -- --
12/03/2020 12/03/20 For Sale $238,900 -- $68 / 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 $5,110 $325,900 $24,200 $301,700
2024 $4,407 $274,400 $22,600 $251,800
2023 $3,957 $232,100 $21,500 $210,600
2022 $4,317 $229,400 $19,600 $209,800
2021 $3,234 $171,100 $17,800 $153,300
2020 $3,070 $157,200 $17,800 $139,400
2019 $2,974 $151,100 $17,800 $133,300
2018 $2,942 $149,500 $17,800 $131,700
2017 $2,760 $140,400 $14,300 $126,100
2016 $2,363 $120,200 $14,300 $105,900
2015 $2,313 $117,600 $14,300 $103,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72763728

MLS Property Information Network (MLS PIN)

APN: SPRI-008675-000000-000111