NOT LISTED FOR SALE

254 Rice Ave Northborough, MA 01532

Estimated Value: $590,259 - $738,000

5 Beds
2 Baths
2,296 Sq Ft
$288/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $519,000 $226 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,089/month

22 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • 2 Car Garage
  • Marion E. Zeh Elementary School Rated A-
  • Enclosed Patio or Porch
  • Heating Available

About This Home

As of March 2022

Back to the Market! This Unique Two Family Home in Northborough is a Commuters Dream! Located on .98 Acre this Home offers many opportunities. Live on One Floor and Rent the other for potential income or Purchase as an investment. Current Tenants are TAW. First Floor offers 3 Bedrooms and 1 Bath with Many Updates...Second Floor is 2 Bedrooms and 1 Bath and lots of Sunshine. 254 Rice Ave is located on a Quiet Street but minutes from 290, 495, Route 9 and Route 20. Due to COVID Guidelines there will be Open Houses on Sunday February 13 from 1-2pm. Buyers Agents please do due diligence and try to schedule around Open House times as both units are occupied. Don't wait this one wont last long!!

Last Agent to Sell the Property

Kellyann Lajoie

EXIT Assurance Realty Listed on: 01/23/2022

Last Buyer's Agent

Didier Lopez

RE/MAX One Call Realty

RE/MAX One Call Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,098

Year Built

  • Built in 1889

Lot Details

  • 0.99 Acre Lot
  • Corner Lot
  • Irregular Lot

Parking

  • 2 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,296 Sq Ft Home
  • Property has 1 Level
  • Electric Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Basement

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

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Algonquin High School

Utilities

  • 2 Heating Zones
  • Heating Available
  • Oil Water Heater
  • Private Sewer

Community Details

  • 2 Units
  • Net Operating Income $27,600

Listing and Financial Details

  • Total Actual Rent $2,300
  • Assessor Parcel Number M:0350 L:0020,1629952

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,098

Year Built

Built in 1889

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1889
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood,Tile,Carpet,Laminate
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Oil Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Basement: Full, Interior Entry, Concrete
  • Living Area: 2296
  • Stories Total: 3
  • MAIN LO: G80004
  • MAIN SO: BB5763

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Irregular
  • Patio And Porch Features: Enclosed
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Private Sewer
  • Utilities: for Electric Range, for Electric Dryer
  • Heating: Unit 1(Steam,Oil), Unit 2(Hot Water Baseboard,Oil)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2

Lot Info

  • Parcel Number: M:0350 L:0020,1629952
  • Zoning: RC
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.99
  • Lot Size Sq Ft: 43124.4
  • Lot Size Units: Acres
  • LOT SIZE: 43085

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6098

Multi Family

  • Net Operating Income: 27600
  • Number Of Units Total: 2
  • Total Actual Rent: 2300
  • LEVELS 1: 1
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • High School: Algonquin

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2022
Closed on
Mar 31, 2022
Sold by
Blandin Daren L and Blandin Ruth
Bought by
Saghir Amina and Javed Saud
Seller's Agent
Kellyann Lajoie
EXIT Assurance Realty
Buyer's Agent
Didier Lopez
RE/MAX One Call Realty
Sold Price
$519,000
Current Estimated Value
$660,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,315
Avg. Annual Appreciation
6.74%
Original Mortgage
$389,250
Outstanding Balance
$363,033
Interest Rate
3.92%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$297,282

Purchase Details

Closed on
Sep 28, 2001
Sold by
Collard James F and Collard Deborah A
Bought by
Blandin Daren L and Blandin Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,350
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 1997
Sold by
Davidson John W and Clark David C
Bought by
Collard James F and Collard Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 1993
Sold by
Bodreau Roland A and Bodreau Cecil F
Bought by
Davidson John W and Clark David C
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
Saghir Amina $519,000 None Available
Blandin Daren L $260,400 --
Collard James F $150,000 --
Davidson John W $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saghir Amina $389,250
Previous Owner Davidson John W $240,000
Previous Owner Davidson John W $234,350
Previous Owner Davidson John W $130,000
Previous Owner Davidson John W $103,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2022 03/31/22 Sold $519,000 -0.2% $226 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/07/2022 02/07/22 For Sale -- -- --
02/01/2022 02/01/22 Pending -- -- --
01/23/2022 01/23/22 For Sale $519,900 -- $226 / 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 $7,513 $527,200 $253,300 $273,900
2024 $6,837 $478,800 $204,900 $273,900
2023 $6,277 $424,400 $193,300 $231,100
2022 $6,098 $369,800 $184,100 $185,700
2021 $5,836 $340,900 $167,300 $173,600
2020 $5,674 $328,900 $167,300 $161,600
2019 $4,955 $288,900 $167,300 $121,600
2018 $4,631 $266,300 $158,300 $108,000
2017 $4,614 $265,300 $158,300 $107,000
2016 $4,497 $261,900 $154,900 $107,000
2015 $4,830 $288,700 $163,200 $125,500
2014 $4,637 $279,500 $163,200 $116,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72936257

MLS Property Information Network (MLS PIN)

APN: NBOR-000350-000000-000020